Seven Bank, Ltd.
Notice of Partially Amended Articles of Incorporation | May 22, 2026
Seven Bank, Ltd. is planning to increase the number of directors from 9 to 11 and is considering issuing preferred stock as a new type of share to enhance bank capital adequacy ratios. The amendments to the articles of incorporation are scheduled for shareholder approval on June 22, 2026.
Key Figures
- Number of Directors: Changed from within 9 to within 11
- Total Authorized Shares: 4,763,632,000 shares
- Number of Types of Preferred Stock: 2,000,000 shares each for the 1st to 5th issues
AI要約
Details of the Partial Amendment to Articles of Incorporation
Seven Bank aims to raise the upper limit of directors from 9 to 11 and is considering issuing preferred stock as a new type of share to improve the flexibility of capital management. The preferred stock will have no voting rights but will have priorities for dividends and residual assets, addressing bank capital adequacy ratio regulations. This initiative seeks to diversify capital policy and enhance financial strategy flexibility. The amendments are scheduled to be approved at the shareholders' meeting on June 22, 2026.
Future Schedule and Impact
The effective date of the amendments is scheduled for June 22, 2026, which will enhance the flexibility of capital policy. The issuance of preferred stock is expected to help maintain capital adequacy ratios and expand financing options, contributing to strengthening the bank's financial health and supporting medium- to long-term business development. This measure allows flexible capital management without damaging shareholders' interests.
Seven Bank, Ltd.
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