Hokuyo Bank, Ltd. has commenced a tender offer for 969,000 shares of Career Bank Co., Ltd. at 1,755 yen per share. The minimum number of shares to be purchased is set at 638,000 shares (64.25%), with the offer period scheduled from March 4, 2026, to April 21, 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8524","jir_company_name":"Hokuyo Bank, Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-03-03","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/8524-20260303-01.pdf","jir_short_summary":"Hokuyo Bank, Ltd. has commenced a tender offer for 969,000 shares of Career Bank Co., Ltd. at 1,755 yen per share. The minimum number of shares to be purchased is set at 638,000 shares (64.25%), with the offer period scheduled from March 4, 2026, to April 21, 2026.","jir_summary":"### Overview and Purpose of the Tender Offer\nHokuyo Bank, Ltd. has initiated a tender offer to acquire all shares of Career Bank Co., Ltd. (excluding treasury stock), aiming to make it a wholly owned subsidiary. The purchase price is set at 1,755 yen per share, representing approximately a 45% premium over the closing price on the Sapporo Securities Exchange. The minimum number of shares to be purchased is set at 638,000 shares (64.25%), and if this threshold is not met, the tender offer will not proceed. The tender offer period is set for 34 business days from March 4, 2026, to April 21, 2026.\n\n### Fairness Assurance Measures for the Tender Offer and Future Plans\nThe fairness of the tender offer price is secured based on equity valuation reports prepared by independent third-party valuation institutions (Daiwa Securities and IR Japan). The target side has established an independent special committee, which conducted multiple negotiations to raise the price. Following the successful completion of the tender offer, the target will transition to a company with an audit & supervisory board, and directors from the tender offeror group are scheduled to be dispatched. The employment conditions of the target\u2019s employees are expected to be maintained in principle. Delisting may occur due to privatization, with squeeze-out procedures planned through share purchase requests or share consolidation.","jir_financial_highlights":"Purchase Price (Per Ordinary Share): 1,755 yen (Approximately 45.52% premium over the closing price on the Sapporo Securities Exchange)\nNumber of Shares to be Purchased: 969,000 shares (All shares excluding treasury stock and already held shares out of the total 993,000 shares issued by the target)\nMinimum Number of Shares to be Purchased: 638,000 shares (64.25%) (Set to secure at least two-thirds of voting rights)\nOffer Period: March 4, 2026, to April 21, 2026 (34 business days) (Unknown)\nTotal Purchase Price: 1,700,595,000 yen (Unknown)","jir_category":"","jir_hashtags":"#HokuyoBank, #TenderOffer, #TOB, #CareerBank, #JapaneseStocks","jir_key_figures":"Tender Offer Price: 1,755 yen per share (approx. 45.52% premium)\nNumber of Shares to be Purchased: 969,000 shares\nOffer Period: March 4, 2026 to April 21, 2026 (34 business days)","jir_meta_title":"Hokuyo Bank, Ltd. Commences Tender Offer for 969,000 Shares of Career Bank at 1,755 yen","jir_meta_description":"Hokuyo Bank, Ltd. has commenced a tender offer for 969,000 shares of Career Bank Co., Ltd. at 1,755 yen per share. The offer period runs from March 4, 2026, to April 21, 2026. The aim is to make Career Bank a wholly owned subsidiary.","jir_og_title":"Hokuyo Bank, Ltd. Announces Commencement of Tender Offer for Career Bank Shares","jir_og_description":"Hokuyo Bank, Ltd. has commenced a tender offer for 969,000 shares of Career Bank Co., Ltd. at 1,755 yen per share. The offer period runs from March 4, 2026, to April 21, 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8118,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-32975","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n