Worth reading
17Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
20.9
Percentage of total voting rights (%)Wording
Conditional
How definitive the wording is.This transaction
This share acquisitionDisclosing companySBI Shinsei Bank,Limited
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Execution Date / Effective Date30 June 2026 (scheduled)
| Item | Details |
|---|---|
| Transaction name | This share acquisition |
| Name of the Subject Company | THE SHIMANE BANK,LTD. |
| Number of shares acquired | Common shares: 1,747,200 shares (number of voting rights: Not disclosed) |
| Voting rights ownership percentage | After 20.90% (before not disclosed) |
| Execution Date / Effective Date | 30 June 2026 (scheduled) |
Items this document does not state (27)
Counterparty nameBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company states that it is making this disclosure because the acquisition will represent 5% or more of voting rights and therefore constitutes a share accumulation activity prescribed by Cabinet Order as an act equivalent to a tender offer under the Financial Instruments and Exchange Act.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.