Merger of the two banks under a joint holding company
First written in FY2023-Q1. 2 of 6 entries say "Restated". Latest entry: FY2025.
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- FY2025AchievedAnnual report
「The merger of the two banks was completed in January 2025, and operations have commenced as the new bank.」
The process moved from the former planning and preparation stage to the implementation stage, with the merger completed and operations commenced as the new bank. - FY2025-H1AdvancedAnnual report
「Execution of the merger agreement: Friday, 27 September 2024; general meeting of shareholders approving the merger: Friday, 27 September 2024; effective date of the merger: Wednesday, 1 January 2025 (scheduled). The merger will be conducted as an absorption-type merger, with 青森銀行 as the surviving company and みちのく銀行 as the absorbed company. 青森銀行 is also scheduled to change its corporate name to 株式会社青森みちのく銀行 effective 1 January 2025.」
The merger of the two banks progressed from the planning stage to specific details, including execution of the merger agreement and shareholder approval on 27 September 2024, the effective date of 1 January 2025, the absorption-type merger structure and the new corporate name. - FY2023AdvancedAnnual report
「In January 2025, subject to obtaining the necessary approvals and licenses from the relevant authorities, the two banks were scheduled to merge, with the merged bank to be named “株式会社青森みちのく銀行.” We continued to make thorough preparations for the merger and the integration of systems and operations, while pursuing initiatives to promote integration among the officers and employees of the two banks.」
The policy has progressed from the former “approximately two years after the effective date” to specific details including the planned merger in January 2025, the name of the merged bank, the condition that the necessary approvals and licenses be obtained, and preparations for systems and operational integration. - FY2023-Q3RestatedAnnual report
「As the basic policy, the establishment of a joint holding company through this share transfer around 1 April 2022 and the merger of the two banks under the joint holding company around two years after the effective date」
The policy of merging the two banks approximately two years after the effective date remains in place. - FY2023-Q2RestatedAnnual report
「As the basic policy, the establishment of a joint holding company through this share transfer around 1 April 2022 and the merger of the two banks under the joint holding company around two years after the effective date」
The policy of merging the two banks approximately two years after the effective date remains in place. - FY2023-Q1First statedAnnual report
「We proceeded with discussions and consideration toward management integration based on the basic policy of establishing a joint holding company through this share transfer around 1 April 2022 and merging the two banks under the joint holding company around two years after the effective date.」
The merger of the two banks approximately two years after the effective date was presented as the basic policy following the establishment of the holding company.