Worth reading
44Recurring
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
366
¥100 millionWording
Conditional
How definitive the wording is.This transaction
Name of transactionCounterpartyAriake Master Fund
Disclosing companyTHE SHIGA BANK,LTD.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Management of banks and other companies that may be made subsidiaries under the Banking Act, and all ancillary and related businesses
Location Kita-ku, Osaka, Osaka PrefectureShare capital ¥102.9 billionDate of incorporation 1 October 2009
Net SalesConsolidated ordinary revenue: ¥117,417 million (fiscal year ending March 2026)
Net income for the current fiscal yearNet income attributable to owners of the parent: ¥17,336 million (fiscal year ending March 2026)
Net assetsConsolidated net assets: ¥253,924 million (fiscal year ending March 2026)
Consideration and expenses
Acquisition priceApproximately ¥36.6 billion
Impact on Business Performance
The impact on the Bank's consolidated results for the fiscal year is immaterial
| Item | Details |
|---|---|
| Transaction name | Name of transaction |
| Counterparty name | Ariake Master Fund |
| Name of the Subject Company | Senshu Ikeda Holdings,Inc. |
| Business Description of the Subject Company | Management of banks and other companies that may be made subsidiaries under the Banking Act, and all ancillary and related businesses |
| Location of the Subject Company | Kita-ku, Osaka, Osaka Prefecture |
| Capital Stock of the Subject Company | ¥102.9 billion |
| Date of Establishment of the Subject Company | 1 October 2009 |
| Net Sales of the Subject Company | Consolidated ordinary revenue: ¥117,417 million (fiscal year ending March 2026) |
| Net Income of the Subject Company | Net income attributable to owners of the parent: ¥17,336 million (fiscal year ending March 2026) |
| Net Assets of the Subject Company | Consolidated net assets: ¥253,924 million (fiscal year ending March 2026) |
| Acquisition price | Approximately ¥36.6 billion |
| Number of shares acquired | 30,523,100 shares; number of voting rights: Not disclosed |
| Voting rights ownership percentage | Before 0.84% → after 11.81% |
| Impact on Business Performance | The impact on the Bank's consolidated results for the fiscal year is immaterial |
| Date of board resolution | 29 October 2026 |
| Contract Date | 29 October 2026 |
| Execution Date / Effective Date | 30 October 2026 |
Items this document does not state (15)
Operating Profit of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.The acquisition is intended to strengthen the relationship between the two companies and enhance corporate value toward the realization of a management integration.
How to read this page
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