Mebuki Financial Group,Inc.
Announcement Regarding Establishment of a Subsidiary
To address agricultural challenges in Ibaraki and Tochigi, a subsidiary, Pascal Farm, will be established. Main operations will cover production, processing, and sales of agricultural products, with shareholding at 51% for Kaicha Kajiya, 49% for Ashikaga Bank. Establishment planned for late October 2026, with business commencement expected in late December 2026. The impact on earnings for the fiscal year ending March 2027 is expected to be minimal.
Key Figures
- Capital: 150 million yen
- Shareholder composition: Kaicha Kajiya 51%、Ashikaga Bank 49%
- Establishment planned: late October 2026
AI要約
Purpose and background of establishment
As part of the Fourth Group Medium-Term Management Plan's social issue resolution strategy, we are entering the agricultural business to contribute to regional sustainable growth. The aim is to address agricultural challenges in Ibaraki and Tochigi (aging population, abandoned farmland, etc.) by promoting local job creation and succession/consolidation of farmlands.
Overview of the established subsidiary and future plans
Trade name: Pascal Farm; location: Tochigi Prefecture, Utsunomiya City; capital: 150 million yen. Shareholders: Kaicha Kajiya 51%, Ashikaga Bank 49%. Establishment planned for late October 2026; business commencement planned for late December 2026. Proceeding with regulatory approvals and organizational setup.
Mebuki Financial Group,Inc.
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