The Hyakujushi Bank, Ltd.
The 114th Bank, Ltd. Announces Absorption Split | June 15, 2026
The 114th Bank, Ltd. plans to implement an absorption split contingent upon approval from relevant authorities on June 15, 2026, transferring rights and obligations related to customer securities accounts to Nomura Securities. The effective date is scheduled for May 6, 2027, with minimal impact on performance.
Key Figures
- Net assets: 38,442.6 billion yen
- Total assets: 584,580.3 billion yen
- Sales: 10,855.6 billion yen
AI要約
Performance Overview
The 114th Bank, Ltd. resolved to carry out an absorption split scheduled for June 15, 2026, contingent upon approval from the relevant authorities. Through this split, rights and obligations concerning securities accounts related to registered financial institution operations will be transferred to Nomura Securities. The scheduled effective date is May 6, 2027, without the transfer of assets or liabilities, and minimal impact on performance is anticipated. The purpose of this split is to clarify roles as part of a partnership scheme and to establish an efficient operational structure.
Future Outlook and Impact on Shareholders
This company split is not expected to significantly affect the bank’s total assets or sales, and minimal impact on performance is expected. The bank’s name, capital, and representative will remain unchanged after the split, and it will continue delivering high-quality services to regional customers. Going forward, the bank aims to deepen partnerships and improve customer management and sales support efficiency, reinforcing its commitment to regionally-based financial services.
The 114th Bank, Ltd.
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