Komori
Occurring Fact8522The Bank of Nagoya,Ltd.Banks

Notice Regarding the Expected Recognition of a Gain on the Return of a Retirement Benefit Trust (Extraordinary Gain)

The Bank of Nagoya has decided to cancel part of its retirement benefit trust, which is expected to remain overfunded, and receive a refund of approximately ¥8.7 billion. As a result, the bank expects to record approximately ¥2.0 billion in extraordinary income for the fiscal year ending March 2027.

Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
20
Billion yen (extraordinary income, expected to be recorded)
Wording
Avoiding a definitive answer
How definitive the wording is.

Expected Recognition of Gain on the Return of a Retirement Benefit Trust (Extraordinary Gain)

Subject Entity

The Bank of Nagoya,Ltd.

Target Locations / Products

Part of the retirement benefit trust

Occurrence11 November 2026 (scheduled)
This disclosure10/27/2026
Cause

Pension assets, including the retirement benefit trust, are overfunded relative to retirement benefit obligations, and this situation is expected to continue.

Amount of Impact on Business Performance

Approximately ¥2.0 billion in extraordinary income (expected to be recorded in the separate and consolidated financial statements for the fiscal year ending March 2027; the amount will be finalized when the refund is received and may change thereafter)

Accounting period in which recognized

Fiscal year ending March 2027

Impact on Earnings Forecast

The impact of other factors is also under review. If a revision becomes necessary, it will be announced promptly.

Outlook

Part of the retirement benefit trust is scheduled to be cancelled on 11 November 2026, with a refund of approximately ¥8.7 billion to be received. The earnings forecast will be reviewed, including the impact of other factors, and any necessary revision will be announced promptly.

Planned follow-up disclosure

If a revision to the earnings forecast becomes necessary, it will be announced promptly.

Event that occurred
ItemDetails
Event nameExpected Recognition of Gain on the Return of a Retirement Benefit Trust (Extraordinary Gain)
Date of occurrence11 November 2026 (scheduled)
Subject EntityThe Bank of Nagoya,Ltd.
Target Locations / ProductsPart of the retirement benefit trust
CausePension assets, including the retirement benefit trust, are overfunded relative to retirement benefit obligations, and this situation is expected to continue.
Amount of Impact on Business PerformanceApproximately ¥2.0 billion in extraordinary income (expected to be recorded in the separate and consolidated financial statements for the fiscal year ending March 2027; the amount will be finalized when the refund is received and may change thereafter)
Accounting period in which recognizedFiscal year ending March 2027
Impact on Earnings ForecastThe impact of other factors is also under review. If a revision becomes necessary, it will be announced promptly.
OutlookPart of the retirement benefit trust is scheduled to be cancelled on 11 November 2026, with a refund of approximately ¥8.7 billion to be received. The earnings forecast will be reviewed, including the impact of other factors, and any necessary revision will be announced promptly.
Planned follow-up disclosureIf a revision to the earnings forecast becomes necessary, it will be announced promptly.
Items this document does not state (15)
Date recognized / date notice receivedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change

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.

Pension assets, including the retirement benefit trust, are overfunded relative to retirement benefit obligations, and this situation is expected to continue.

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