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M&A and Subsidiary Changes8601Daiwa Securities Group Inc.Financials (excluding banks)

(Progress on Disclosed Matter) Notice of Completion of the Acquisition of All Shares in ORIX Bank Corporation (Making It a Subsidiary)

Daiwa Next Bank, Ltd. completed the procedures to acquire all issued shares of ORIX Bank Corporation, making it a wholly owned subsidiary. ORIX Bank Corporation’s financial position and results of operations will be consolidated into Daiwa Securities Group Inc.’s financial statements beginning with the second quarter of fiscal 2026.

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This transaction

Acquisition of All Shares of ORIX Bank Corporation (Making It a Subsidiary)
CounterpartyORIX CORPORATION
Disclosing companyDaiwa Securities Group Inc.
ORIX Bank CorporationVoting rights ownership percentageNumber of shares acquired 1,200,000 shares; 1,200,000 voting rights

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.

Execution Date / Effective Date3 August 2026 (completed)
Target company

Banking

Location Minato-ku, TokyoShare capital ¥45 billionDate of incorporation 23 August 1993
Impact on Business Performance

Currently under review. If any matter requiring disclosure arises, it will be disclosed promptly.

Procedures and assumptions
Management structure after acquisitionThe representative director and president is Teramoto Kanji (寺元 寛治). Other aspects of the management structure, any change in the corporate name and the treatment of employees: not disclosed
This transaction
ItemDetails
Transaction nameAcquisition of All Shares of ORIX Bank Corporation (Making It a Subsidiary)
Counterparty nameORIX CORPORATION
Name of the Subject CompanyORIX Bank Corporation
Business Description of the Subject CompanyBanking
Location of the Subject CompanyMinato-ku, Tokyo
Capital Stock of the Subject Company¥45 billion
Date of Establishment of the Subject Company23 August 1993
Number of shares acquired1,200,000 shares; 1,200,000 voting rights
Voting rights ownership percentageBefore 0% → after 100%
Impact on Business PerformanceCurrently under review. If any matter requiring disclosure arises, it will be disclosed promptly.
Execution Date / Effective Date3 August 2026 (completed)
Management structure after acquisitionThe representative director and president is Teramoto Kanji (寺元 寛治). Other aspects of the management structure, any change in the corporate name and the treatment of employees: not disclosed
Items this document does not state (21)
Net 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 periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Executionanswers

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.

This disclosure reports the completion of the share acquisition. No specific purpose or reason for the transaction is stated.

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.
(Progress on Disclosed Matter) Notice of Completion of the Acquisition of All Shares in ORIX Bank Corporation (Making It a Subsidiary) | Daiwa Securities Group Inc. (8601) timely disclosure | Komori