UFJ Holdings Inc. plans to spin off the running of its computer system to a joint venture it will create with Hitachi Ltd. in the fall, UFJ officials said Wednesday.

The venture will operate the UFJ Group’s computer system, keeping track of transactions related to deposit-takings and loans, the officials said.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.