Gunma Bank, Ltd. and Dai-ichi Hokuetsu Financial Group, Inc. plan to execute a business integration via share exchange effective April 1, 2027. The share exchange ratio is 1.125 Gunma Bank shares for every 1 Dai-ichi Hokuetsu share. After the integration, a new company named Gunma Niigata Financial Group, Inc. will be established.<\/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":"8334","jir_company_name":"Gunma Bank, Ltd., Dai-ichi Hokuetsu Financial Group, 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\/8334-20260326-01.pdf","jir_short_summary":"Gunma Bank, Ltd. and Dai-ichi Hokuetsu Financial Group, Inc. plan to execute a business integration via share exchange effective April 1, 2027. The share exchange ratio is 1.125 Gunma Bank shares for every 1 Dai-ichi Hokuetsu share. After the integration, a new company named Gunma Niigata Financial Group, Inc. will be established.","jir_summary":"### Overview of Business Integration\nGunma Bank, Ltd. and Dai-ichi Hokuetsu Financial Group, Inc. have reached a final agreement to execute a business integration via share exchange effective April 1, 2027. Following the integration, Dai-ichi Hokuetsu Financial Group will become the holding company and change its trade name to Gunma Niigata Financial Group, Inc. Both companies aim to leverage their regional customer base and solid financial foundation to establish a leading regional banking financial group.\n\n### Details and Schedule of Share Exchange\nThe share exchange ratio is set at 1.125 Gunma Bank shares for every 1 Dai-ichi Hokuetsu Financial Group share. The number of Dai-ichi Hokuetsu common shares is approximately 425.8 million shares (planned), while Gunma Bank\u2019s outstanding shares are approximately 395.9 million (as of 2025-12-31). Extraordinary shareholders meetings for both companies will be held on 2026-12-23 for approval, with the integration effective from 2027-04-01. Gunma Bank will delist on the same day, while Dai-ichi Hokuetsu will maintain its listing on the Tokyo Stock Exchange.","jir_financial_highlights":"Share Exchange Ratio: Dai-ichi Hokuetsu Financial Group 1 : Gunma Bank 1.125 (Unknown)\nNumber of Dai-ichi Hokuetsu Financial Group Common Shares: 425,812,953 shares (planned) (Unknown)\nNumber of Gunma Bank Outstanding Shares (as of 2025-12-31): 395,888,177 shares (Unknown)\nScheduled Establishment Date of Integrated Holding Company: 2026-12-23 (Extraordinary Shareholders Meeting planned) (Unknown)\nEffective Date of Share Exchange: 2027-04-01 (planned) (Unknown)","jir_category":"","jir_hashtags":"#GunmaBank, #DaiichiHokuetsuFinancialGroup, #BusinessIntegration, #M&A, #JapaneseStocks","jir_key_figures":"Share Exchange Ratio: 1.125 Gunma Bank shares for every 1 Dai-ichi Hokuetsu share\nNumber of Dai-ichi Hokuetsu Common Shares (planned): 425,812,953 shares\nEffective Date of Share Exchange: April 1, 2027 (planned)","jir_meta_title":"Gunma Bank and Dai-ichi Hokuetsu FG to Integrate Business via Share Exchange Effective April 1, 2027","jir_meta_description":"Gunma Bank, Ltd. and Dai-ichi Hokuetsu Financial Group, Inc. have reached a final agreement on business integration through share exchange effective April 1, 2027. The share exchange ratio is 1.125 Gunma Bank shares per Dai-ichi Hokuetsu share. A new company, Gunma Niigata Financial Group, Inc., will be established post-integration.","jir_og_title":"Gunma Bank and Dai-ichi Hokuetsu FG to Integrate Business via Share Exchange","jir_og_description":"Scheduled effective April 1, 2027, Gunma Bank and Dai-ichi Hokuetsu Financial Group will execute a business integration through share exchange, aiming to become one of the top regional financial groups.","jir_og_image_url":"\/assets\/og\/company-m_and_a_alliance.jpg","jir_chart_data_collection":"[]","ir_related_company":7716,"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-36897","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n