The Yamagata Bank, Ltd.
Notice Regarding Dissolution of Subsidiary
The subsidiary, Yamagata Capital Co., Ltd. (capital of 100 million yen, net assets of 258 million yen), was resolved to be dissolved as of March 30, 2026, with liquidation expected to complete in June. The impact on financial performance is expected to be minor.
Key Figures
- Capital: 100 million yen (Fiscal Year ended March 2025)
- Net Assets: 258 million yen (Fiscal Year ended March 2025)
- Sales: 24 million yen (Fiscal Year ended March 2025)
AI要約
Overview of Subsidiary Dissolution
Yamagata Capital Co., Ltd., a subsidiary of The Yamagata Bank, Ltd., resolved to dissolve at an extraordinary general meeting held on March 30, 2026. Yamagata Capital was established on April 3, 1996, and its business activities include acquisition, holding, and sale of securities. For the fiscal year ending March 2025, the capital was 100 million yen, net assets were 258 million yen, sales amounted to 24 million yen, and net income was 12 million yen. Yamagata Bank holds a 5% equity stake.
Reason for Dissolution and Future Outlook
The dissolution aims to improve management efficiency within the bank group. The dissolution date is March 30, 2026, with liquidation expected to complete by June 2026. The impact of this dissolution on the bank’s consolidated and standalone earnings forecasts for the current fiscal year is expected to be minor, with no significant financial fluctuations anticipated.
The Yamagata Bank, Ltd.
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