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Normalize Data and Assign Corporate Numbers

MUFG Bank, Ltd. Implements uSonar's Data Cleansing Technology for Corporate Number Assignment Services

MUFG Bank, Ltd.

uSonar Co., Ltd. (Headquarters: Shinjuku-ku, Tokyo; President: Nami Fukutomi), a provider of database marketing support, is pleased to announce that it has provided its corporate number assignment service, utilizing data cleansing technology, to MUFG Bank, Ltd. (Headquarters: Chiyoda-ku, Tokyo; President & CEO: Kanetsugu Mike; hereinafter referred to as MUFG Bank).

Following the enforcement of the revised General Law on National Tax, MUFG Bank, Ltd. needed to assign and manage Corporate Numbers for its corporate clients.
uSonar collaborated on this project by utilizing its long-cultivated data cleansing technology to normalize the bank's corporate client data and cross-reference it with the LBC corporate master data to assign the required Corporate Numbers.

About Data Cleansing

Data cleansing is the process of correcting and supplementing erroneous or missing data to improve overall data quality. uSonar provides high-precision data cleansing by leveraging the expertise developed through years of building robust data sets.
https://usonar.co.jp/service/dcln/

About Corporate Numbers

The Corporate Number is a 13-digit identifier consisting of a 12-digit corporate registration number plus a 1-digit check digit. Based on the Act on the Use of Numbers to Identify a Specific Individual in Administrative Procedures, which was enacted on May 24, 2013 (promulgated on May 31, 2013), the National Tax Agency assigns these numbers to corporations. Once notified, the Corporate Number is published alongside the company's trade name, name, and the location of its head office or principal place of business.

Company Overview of MUFG Bank, Ltd.

Company Name MUFG Bank, Ltd.
Location 2-7-1 Marunouchi, Chiyoda-ku, Tokyo
Representative President & CEO, Kanetsugu Mike
Established August 15, 1919
Capital 1.7119 Trillion Yen (Non-Consolidated)
URL http://www.bk.mufg.jp/index.html


* All company names and product names mentioned are trademarks or registered trademarks of their respective companies.

Article Published: January 25, 2019

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