Daiwa Securities Group Inc.
Regarding the Subsidiarization of ORIX Bank Corporation
Daiwa Next Bank will acquire 1,200,000 shares of ORIX Bank for approximately 370 billion yen and plans to complete the full subsidiary acquisition by October 2026.
Key Figures
- Number of Shares Acquired: 1,200,000 shares (100% voting rights owned)
- Acquisition Price: Approximately 370 billion yen (final price to be determined after price adjustment)
- ORIX Bank Total Assets: 3,112,066 million yen (FY ending March 2025)
AI要約
Purpose and Reason for This Subsidiarization
Daiwa Securities Group aims to expand stable earnings and enrich its business portfolio under the medium-term management plan 'Passion for the Best 2026.' Strengthening lending and trust functions is a key priority. By incorporating ORIX Bank's outstanding lending and trust capabilities and specialized personnel, the Group seeks to deepen its total asset consulting capabilities and realize a virtuous cycle of deposits and loans, thereby establishing a sustainable growth model. Ultimately, a merger between the two banks is planned to integrate functions, aiming for stabilization and improvement of consolidated performance.
Overview of Share Acquisition and Future Outlook
Daiwa Next Bank will acquire all 1,200,000 shares of ORIX Bank at approximately 370 billion yen and plans to complete the share transfer by October 2026. The acquisition is subject to approvals from relevant authorities. Going forward, the strengthened collaboration between the two banks aims to increase deposit balances by over 2 trillion yen in five years. The impact on earnings is currently under review, but it is expected to contribute to improved consolidated performance and corporate value over the medium to long term.
Daiwa Securities Group Inc.
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