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How definitive the wording is.This transaction
This share transferCounterparty (target company)The Chiba Bank,Ltd., The Chiba Kogyo Bank,Ltd.
Disclosing companyThe Chiba Kogyo Bank,Ltd.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Commercial banking operations
Location Chuo-ku, Chiba, Chiba Prefecture, Mihama-ku, Chiba, Chiba PrefectureShare capital ¥145 billion, ¥62.1 billionDate of incorporation 31 March 1943, 18 January 1952
Net SalesOrdinary revenue: ¥445 billion (fiscal year ending March 2026), Ordinary revenue: ¥68.8 billion (fiscal year ending March 2026)
Net income for the current fiscal yearNet income attributable to owners of parent: ¥94 billion (fiscal year ending March 2026), Net income attributable to owners of parent: ¥8.6 billion (fiscal year ending March 2026)
Net assets¥1.2573 trillion (fiscal year ending March 2026, consolidated), ¥192.8 billion (fiscal year ending March 2026, consolidated)
Consideration and expenses
Type of ConsiderationShares (shares in the joint holding company issued through the joint share transfer)
Procedures and assumptions
Conditions Precedent to ExecutionApproval at the shareholder meetings of both banks and authorisation by the relevant authorities, among other conditions
Management structure after acquisitionTsutomu Yonemoto (米本 努) is scheduled to become President and Representative Director of the joint holding company, and Hitoshi Umeda (梅田 仁司) is scheduled to become Executive Vice President and Representative Director. Candidates for directors, outside directors and Audit & Supervisory Committee members have also been announced.
| Item | Details |
|---|---|
| Transaction name | This share transfer |
| Counterparty name | The Chiba Bank,Ltd., The Chiba Kogyo Bank,Ltd. |
| Name of the Subject Company | The Chiba Bank,Ltd., The Chiba Kogyo Bank,Ltd. |
| Business Description of the Subject Company | Commercial banking operations |
| Location of the Subject Company | Chuo-ku, Chiba, Chiba Prefecture, Mihama-ku, Chiba, Chiba Prefecture |
| Capital Stock of the Subject Company | ¥145 billion, ¥62.1 billion |
| Date of Establishment of the Subject Company | 31 March 1943, 18 January 1952 |
| Net Sales of the Subject Company | Ordinary revenue: ¥445 billion (fiscal year ending March 2026), Ordinary revenue: ¥68.8 billion (fiscal year ending March 2026) |
| Net Income of the Subject Company | Net income attributable to owners of parent: ¥94 billion (fiscal year ending March 2026), Net income attributable to owners of parent: ¥8.6 billion (fiscal year ending March 2026) |
| Net Assets of the Subject Company | ¥1.2573 trillion (fiscal year ending March 2026, consolidated), ¥192.8 billion (fiscal year ending March 2026, consolidated) |
| Type of Consideration | Shares (shares in the joint holding company issued through the joint share transfer) |
| Voting rights ownership percentage | Before The Chiba Bank,Ltd. owns 11,812,000 shares, or 19.12%, of The Chiba Kogyo Bank,Ltd. (after not disclosed) |
| Date of board resolution | 30 September 2026 |
| Contract Date | 25 March 2026 |
| Execution Date / Effective Date | Scheduled for 1 April 2027 |
| Conditions Precedent to Execution | Approval at the shareholder meetings of both banks and authorisation by the relevant authorities, among other conditions |
| Management structure after acquisition | Tsutomu Yonemoto (米本 努) is scheduled to become President and Representative Director of the joint holding company, and Hitoshi Umeda (梅田 仁司) is scheduled to become Executive Vice President and Representative Director. Candidates for directors, outside directors and Audit & Supervisory Committee members have also been announced. |
Items this document does not state (15)
Operating Profit of the Subject CompanyAcquisition priceExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceValuation methodologyIndependent valuation institutionSpecial Committee
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.A share transfer plan, including candidates for directors of the joint holding company at the time of its establishment, was prepared and approved based on the business integration agreement executed on 25 March 2026. The purpose and rationale for the transaction itself are not explained again in this disclosure.
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