Jan. 5, 2009
NTT DATA Corporation
Sumitomo Mitsui Financial Group, Inc.
The Japan Research Institute, Limited
JRI Solutions, Limited
On September 29, 2008, NTT DATA Corporation ("NTT DATA"; President and CEO: Toru Yamashita), Sumitomo Mitsui Financial Group, Inc. ("SMFG"; President: Teisuke Kitayama), The Japan Research Institute, Limited ("JRI"; President and CEO: Yasuyuki Kimoto), and JRI Solutions, Limited (President and CEO: Masaya Onagi), reached a basic agreement on a broad-ranging partnership between NTT DATA and JRI Solutions, Limited in the IT services field, and on a capital arrangement underlying the alliance. Today, JRI Solutions Limited made a new start as JSOL Corporation ("JSOL").
With its accumulated technological and operations expertise and access to the diverse development resources and methodologies as well as human resources expertise of the NTT DATA Group, JSOL will take advantage of such resources to contribute to more customers, and to achieve further growth and development as an IT services corporation by leveraging the wide-ranging customer base of the Sumitomo Mitsui Banking Corporation in the SMFG Group.
Outline of New Organization
| New company name |
JSOL Corporation |
|---|---|
| Location |
5-24, Harumi 2-chome, Chuo-ku, Tokyo |
| Capitalization |
5 billion yen |
| Number of employees |
1,273 (as of September 30, 2008) |
| Equity shares |
|
| Net sales |
38,050 million yen (year ending March 2008) |
| Directors and corporate auditors |
President & CEO: Masaya Onagi Senior Managing Director: Yasuhisa Furukawa Director (part-time): Yasuyuki Kimoto Director (part-time): Minoru Suzuki Standing Auditor: Yukio Tokuno Auditor (part-time): Eiichi Kobayashi Auditor (part-time): Tetsu Sato |
For more information, please contact:
Public Relations Department
NTT DATA Corporation
Tel: +81-3-5546-8051
Public Relations Department
Sumitomo Mitsui Financial Group, Inc.
Tel: +81-3-5512-2679
Public Relations Department
The Japan Research Institute, Limited
Tel: +81-3-3288-5360
Corporate Staff
JSOL Corporation
Tel: +81-3-5859-6001
News Releases.
The services, prices of products and services, specifications, telephone numbers, etc. for inquiries and other information included in news releases are the data available on the day of the release. This information may be changed at any time without notice. In certain circumstances, due to various risks or unexpected occurrences, actual results may also be different from the plans or projections in news releases.
