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39Recurring
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
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How definitive the wording is.This transaction
DissolutionDisclosing companyThe Yamagata Bank,Ltd.
Execution Date / Effective DateDissolution effective 30 March 2026. Liquidation is scheduled to be completed in June 2026.
Target company
Acquisition, holding and sale of securities
Location Yamagata CityShare capital ¥100 millionDate of incorporation 3 April 1996
Net Sales¥24 million (fiscal year ended March 2025)
Net income for the current fiscal year¥12 million (fiscal year ended March 2025)
Net assets¥258 million (fiscal year ended March 2025)
Impact on Business Performance
The impact on the Bank's consolidated and non-consolidated earnings forecasts for the current fiscal year is expected to be immaterial.
Procedures and assumptions
Conditions Precedent to ExecutionDissolution was approved at the extraordinary general meeting of shareholders held on 30 March 2026.
| Item | Details |
|---|---|
| Transaction name | Dissolution |
| Name of the Subject Company | やまぎんキャピタル株式会社 |
| Business Description of the Subject Company | Acquisition, holding and sale of securities |
| Location of the Subject Company | Yamagata City |
| Capital Stock of the Subject Company | ¥100 million |
| Date of Establishment of the Subject Company | 3 April 1996 |
| Net Sales of the Subject Company | ¥24 million (fiscal year ended March 2025) |
| Net Income of the Subject Company | ¥12 million (fiscal year ended March 2025) |
| Net Assets of the Subject Company | ¥258 million (fiscal year ended March 2025) |
| Voting rights ownership percentage | Before The Yamagata Bank,Ltd. 5%; 山銀リース株式会社 15%; 山銀保証サービス株式会社 10%; 8 other shareholders, in aggregate, 70% (after not disclosed) |
| Impact on Business Performance | The impact on the Bank's consolidated and non-consolidated earnings forecasts for the current fiscal year is expected to be immaterial. |
| Execution Date / Effective Date | Dissolution effective 30 March 2026. Liquidation is scheduled to be completed in June 2026. |
| Conditions Precedent to Execution | Dissolution was approved at the extraordinary general meeting of shareholders held on 30 March 2026. |
Items this document does not state (19)
Counterparty nameOperating Profit 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 acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeManagement 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 decided to dissolve the subsidiary to improve management efficiency across the Group.
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.