Shizuoka Financial Group, Inc. and The Nagoya Bank, Ltd. have signed a basic agreement to pursue business integration through a share exchange targeted for April 1, 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 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5831-20260327-01.pdf","jir_short_summary":"Shizuoka Financial Group, Inc. and The Nagoya Bank, Ltd. have signed a basic agreement to pursue business integration through a share exchange targeted for April 1, 2026.","jir_summary":"### Overview of Business Integration\nShizuoka Financial Group, Inc. (Shizuoka FG) and The Nagoya Bank, Ltd. have signed a basic agreement to pursue business integration through a share exchange, aiming for April 1, 2026, to make Shizuoka FG the wholly owning parent company and Nagoya Bank its wholly owned subsidiary, leveraging a strong regional financial base. Both companies have been strengthening shared management resources and solution sales based on the 'Shizuoka-Nagoya Alliance' established in April 2022, and through this integration, they aim to enhance regional financial capabilities and maximize corporate value.\n\n### Purpose and Future Schedule of Business Integration\nThis business integration aims to promote wide-area collaboration between the two companies and enhance regional financial strength to develop into a top-tier regional bank financial group. Following the integration, a two-bank system will be maintained, and governance will be strengthened through a holding company structure. The final contract signing is planned for March 2027, followed by an extraordinary shareholders meeting of Nagoya Bank in December 2027, with the effective date of the share exchange scheduled for April 1, 2028. The share exchange ratio will be determined based on the results of due diligence and other evaluations.","jir_financial_highlights":"Capital (Shizuoka FG): 90,000 hundred million yen (Unknown)\nCapital (Nagoya Bank): 25,090 hundred million yen (Unknown)\nNumber of Outstanding Shares (Shizuoka FG): Common shares 580,129 thousand shares (Unknown)\nNumber of Outstanding Shares (Nagoya Bank): Common shares 49,366 thousand shares (Unknown)\nTotal Assets (Shizuoka FG Consolidated): 15,878,358 hundred million yen (Unknown)\nTotal Assets (Nagoya Bank Consolidated): 6,235,491 hundred million yen (Unknown)\nNet Income Attributable to Owners of Parent (Shizuoka FG Consolidated): 74,618 hundred million yen (Forecast for fiscal year ending March 2025) (YoY Unknown)\nNet Income Attributable to Owners of Parent (Nagoya Bank Consolidated): 14,730 hundred million yen (Forecast for fiscal year ending March 2025) (YoY Unknown)","jir_category":"","jir_hashtags":"#ShizuokaFinancialGroup, #NagoyaBank, #BusinessIntegration, #RegionalFinance, #JapaneseStocks","jir_key_figures":"Capital (Shizuoka FG): 90,000 hundred million yen\nNumber of Outstanding Shares (Shizuoka FG): Common shares 580,129 thousand shares\nEffective Date of Share Exchange: Scheduled for April 1, 2028","jir_meta_title":"Shizuoka FG and Nagoya Bank Sign Basic Agreement for Business Integration, Share Exchange Scheduled for April 2028","jir_meta_description":"On March 27, 2026, Shizuoka Financial Group and Nagoya Bank signed a basic agreement on business integration, aiming to pursue integration through share exchange around April 1, 2028.","jir_og_title":"Shizuoka FG and Nagoya Bank Announce Basic Agreement on Business Integration","jir_og_description":"Aiming to strengthen regional financial capabilities, Shizuoka FG and Nagoya Bank have signed a basic agreement to pursue business integration via share exchange in April 2028.","jir_og_image_url":"\/assets\/og\/company-m_and_a_alliance.jpg","jir_chart_data_collection":"[]","ir_related_company":7462,"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-37094","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n