Worth reading
50Recurring
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
This business integrationCounterpartyTHE AKITA BANK,LTD., The Bank of Iwate,Ltd.
Disclosing companyTHE AKITA BANK,LTD.
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Impact on Business Performance
The commencement of consideration of this management integration will have no impact on the 3 companies’ consolidated results for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Transaction name | This business integration |
| Counterparty name | THE AKITA BANK,LTD., The Bank of Iwate,Ltd. |
| Impact on Business Performance | The commencement of consideration of this management integration will have no impact on the 3 companies’ consolidated results for the fiscal year ending March 2027. |
| Date of board resolution | 2 October 2026 |
| Execution Date / Effective Date | Targeting management integration in April 2028 (予定) |
Items this document does not state (27)
Name of the Subject CompanyBusiness 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 periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract 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.As population and the number of business establishments continue to decline across the three northern Tohoku prefectures, and management challenges facing financial institutions become increasingly complex, the 3 banks aim to leverage their regional networks, brands and management resources synergistically to establish a stronger, broader management foundation, address regional issues and enhance corporate value.
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.