{"id":36890,"date":"2026-03-26T16:05:05","date_gmt":"2026-03-26T07:05:05","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7327-20260326-01_wp_m_and_a_alliance\/"},"modified":"2026-03-26T16:05:05","modified_gmt":"2026-03-26T07:05:05","slug":"7327-20260326-01_wp_m_and_a_alliance","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7327\/ir\/7327-20260326-01_wp_m_and_a_alliance\/","title":{"rendered":"Final Agreement on Business Integration through Share Exchange between The Gunma Bank, Ltd. and Daishi Hokuetsu Financial Group, Inc."},"content":{"rendered":"<p>The Gunma Bank, Ltd. and Daishi Hokuetsu Financial Group, Inc. have reached a final agreement to execute business integration through a share exchange effective April 1, 2027.<\/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 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-03-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/7327-20260326-01.pdf","jir_short_summary":"The Gunma Bank, Ltd. and Daishi Hokuetsu Financial Group, Inc. have reached a final agreement to execute business integration through a share exchange effective April 1, 2027.","jir_summary":"### Overview of Business Integration\nThe Gunma Bank, Ltd. and Daishi Hokuetsu Financial Group, Inc. have reached a final agreement to carry out business integration through a share exchange effective April 1, 2027. The integration will adopt a holding company structure, utilizing Daishi Hokuetsu Financial Group as the holding company of the new financial group. This approach aims to leverage the strengths of both companies in building a new financial group rooted in the local community.\n\n### Details and Schedule of Share Exchange\nThe share exchange ratio is set at 1 share of The Gunma Bank for 1.125 shares of Daishi Hokuetsu Financial Group, with approximately 425.8 million common shares of Daishi Hokuetsu Financial Group to be issued. After obtaining approval at extraordinary shareholders\u2019 meetings of both companies on December 23, 2026, The Gunma Bank will be delisted on March 30, 2027, and the share exchange will become effective on April 1, 2027.\n\n### Purpose and Synergies of Business Integration\nBoth companies aim to strengthen their regional customer bases, enhance profitability, and efficiently utilize management resources by expanding and advancing their consulting functions. Through system integration and operational streamlining, they will pursue economies of scale, while promoting diverse talent development and effective utilization of human capital. This will drive the creation of a sustainable business model.\n\n### Future Outlook and Governance\nRepresentatives from both companies are scheduled to serve as co-CEOs of the integrated holding company, with outside directors and auditors appointed from both sides. The governance structure will be strengthened to ensure proper decision-making at shareholders\u2019 meetings and board of directors meetings. The financial impact of the business integration is expected to be minimal.","jir_financial_highlights":"Share Exchange Ratio: 1 share of The Gunma Bank for 1.125 shares of Daishi Hokuetsu Financial Group (Unknown)\nDaishi Hokuetsu Financial Group Common Shares: 425,812,953 shares (planned) (Unknown)\nThe Gunma Bank Shares Outstanding (as of 2025-12-31): 395,888,177 shares (Unknown)\nEffective Date of Business Integration: 2027-04-01 (planned) (Unknown)\nThe Gunma Bank Capital: 48.6 billion yen (Unknown)\nDaishi Hokuetsu Financial Group Capital: 30.0 billion yen (Unknown)","jir_category":"","jir_hashtags":"#TheGunmaBank, #DaishiHokuetsuFinancialGroup, #BusinessIntegration, #ShareExchange, #M&A","jir_key_figures":"Share Exchange Ratio: 1 share of The Gunma Bank for 1.125 shares of Daishi Hokuetsu Financial Group\nEffective Date of Business Integration: 2027-04-01 (planned)\nDaishi Hokuetsu Financial Group Common Shares (planned): 425,812,953 shares","jir_meta_title":"The Gunma Bank and Daishi Hokuetsu Financial Group Finalize Business Integration via Share Exchange (Effective April 1, 2027)","jir_meta_description":"The Gunma Bank, Ltd. and Daishi Hokuetsu Financial Group, Inc. have agreed to execute business integration through a share exchange effective April 1, 2027. The share exchange ratio is 1 share of The Gunma Bank for 1.125 shares of Daishi Hokuetsu Financial Group.","jir_og_title":"The Gunma Bank and Daishi Hokuetsu Financial Group Finalize Business Integration Agreement","jir_og_description":"The two companies will carry out business integration through a share exchange on April 1, 2027, aiming to strengthen regional finance and achieve sustainable growth.","jir_og_image_url":"\/assets\/og\/company-m_and_a_alliance.jpg","jir_chart_data_collection":"[]","ir_related_company":7924,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-36890","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Final Agreement on Business Integration through Share Exchange between The Gunma Bank, Ltd. and Daishi Hokuetsu Financial Group, Inc. - 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