The Chiba Kogyo Bank, Ltd.
Notice Regarding Acquisition and Cancellation of the 1st Series Class 7 Preferred Shares
Acquisition of 481,500 shares of the 1st Series Class 7 Preferred Shares for a total of 24,076,189,305 yen, with cancellation scheduled for April 1, 2026. Accelerating reduction of the preferred share issuance ratio.
Key Figures
- Number of shares acquired: 481,500 shares (All issued 1st Series Class 7 Preferred Shares)
- Total acquisition price: 24,076,189,305 yen
- Consolidated capital adequacy ratio: 9.22% (as of the end of December 2025)
AI要約
Overview of Capital Policy
Chiba Kogyo Bank, Ltd. resolved at the Board of Directors meeting on February 10, 2026, to acquire 481,500 shares of the 1st Series Class 7 Preferred Shares for cash consideration, and to cancel these shares pursuant to Article 178 of the Companies Act. The total acquisition price amounts to 24,076,189,305 yen, and the scheduled acquisition date is April 1, 2026. This measure is to advance the target set in the long-term financial base strategy announced in 2022, aiming to reduce the preferred share issuance ratio to below 20% by the end of fiscal 2027 ahead of schedule.
Impact on Shareholders and Future Outlook
The acquisition and cancellation of preferred shares will improve the capital structure, maintaining a stable consolidated capital adequacy ratio of 9.22% as of the most recent date. Furthermore, negotiations and studies toward a business integration with Chiba Bank, Ltd. are progressing, and these capital policies are aimed at realizing the business integration. The company plans to continue reducing preferred shares and strengthening its financial base going forward.
