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M&A and Subsidiary Changes8366THE SHIGA BANK,LTD.Banks

Notice Regarding a Change in a Specified Subsidiary

The Bank plans to make an additional investment in the existing しがぎん事業承継ファンド投資事業有限責任組合, bringing the total capital contribution to ¥5 billion upon completion of the additional investment. As a result, the fund will qualify as a specified subsidiary of the Bank.

Worth reading
51Recurring
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
50
¥100 million (expected total capital contribution after completion of the additional investment)
Wording
Conditional
How definitive the wording is.

This transaction

Additional investment in the fund
Disclosing companyTHE SHIGA BANK,LTD.
しがぎん事業承継ファンド投資事業有限責任組合Subject of this transaction
Execution Date / Effective Date30 April 2026 (scheduled)
Target company

Investment and hands-on support primarily for companies facing business succession challenges

Location 1-38 Hamamachi, Otsu, ShigaDate of incorporation 10 January 2025 (date of formation)
Impact on Business Performance

The change in the specified subsidiary will have no impact on the consolidated earnings forecast.

Procedures and assumptions
Management structure after acquisitionA fund managed by 株式会社しがぎんキャピタルパートナーズ. The representative of the general partner is Representative Director Murata Tomoyuki (村田知之). Company name change and employee treatment: Not disclosed
This transaction
ItemDetails
Transaction nameAdditional investment in the fund
Name of the Subject Companyしがぎん事業承継ファンド投資事業有限責任組合
Business Description of the Subject CompanyInvestment and hands-on support primarily for companies facing business succession challenges
Location of the Subject Company1-38 Hamamachi, Otsu, Shiga
Date of Establishment of the Subject Company10 January 2025 (date of formation)
Impact on Business PerformanceThe change in the specified subsidiary will have no impact on the consolidated earnings forecast.
Execution Date / Effective Date30 April 2026 (scheduled)
Management structure after acquisitionA fund managed by 株式会社しがぎんキャピタルパートナーズ. The representative of the general partner is Representative Director Murata Tomoyuki (村田知之). Company name change and employee treatment: Not disclosed
Items this document does not state (24)
Counterparty nameCapital Stock 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)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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 Bank will make an additional investment in line with the expansion of its investment business. As the total capital contribution will be equivalent to 10% or more of the Bank's stated capital, the fund will qualify as a specified subsidiary.

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.
Notice Regarding a Change in a Specified Subsidiary | THE SHIGA BANK,LTD. (8366) timely disclosure | Komori