Worth reading
77Important
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
388305
¥ millions (assets transferred, approximate)Wording
Definitive
How definitive the wording is.Decision and Details
The boards of directors of both banks (concerning execution of the absorption-type merger agreement)Post-merger disclosure document concerning the absorption-type merger
Decision8 November 2024 (date the absorption-type merger agreement was executed)
Period CoveredFrom 2 May 2026 onward (effect of the absorption-type merger)
Implementation2 May 2026 (effective date, completed)
Going forwardAn application for registration of the change is scheduled to be filed on 7 May 2026
AmountAssets transferred: ¥388,305 million (approximate, as of 31 March 2026); liabilities transferred: ¥375,392 million (approximate, as of 31 March 2026)
Quantity / scaleNone
Reason
To create value for the region as the largest financial group in the prefecture, evolve into a business focused on resolving regional issues, maximize synergies and transform governance.
Impact on Business Performance
The absorption-type merger did not affect the capital or reserves of the surviving company. No other impact on financial results was disclosed.
| Item | Details |
|---|---|
| Matter Covered | Post-merger disclosure document concerning the absorption-type merger |
| Decision-Making Body | The boards of directors of both banks (concerning execution of the absorption-type merger agreement) |
| Decision Date | 8 November 2024 (date the absorption-type merger agreement was executed) |
| Implementation Date | 2 May 2026 (effective date, completed) |
| Period Covered | From 2 May 2026 onward (effect of the absorption-type merger) |
| Amount | Assets transferred: ¥388,305 million (approximate, as of 31 March 2026); liabilities transferred: ¥375,392 million (approximate, as of 31 March 2026) |
| Quantity / scale | None |
| Impact on Business Performance | The absorption-type merger did not affect the capital or reserves of the surviving company. No other impact on financial results was disclosed. |
| Reason | To create value for the region as the largest financial group in the prefecture, evolve into a business focused on resolving regional issues, maximize synergies and transform governance. |
| Governing Rule | Article 801, paragraph 1 of the Companies Act, Article 200 of the Ordinance for Enforcement of the Companies Act, and approval under the Banking Act |
| Related previous disclosures | Absorption-type merger agreement dated 8 November 2024; public notices published in the Official Gazette and by electronic public notice dated 17 December 2024; pre-closing disclosure document concerning the absorption-type merger dated 17 December 2024 |
| Future plans | An application for registration of the change is scheduled to be filed on 7 May 2026 |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To create value for the region as the largest financial group in the prefecture, evolve into a business focused on resolving regional issues, maximize synergies and transform governance.
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.