Toho Bank dissolves securities subsidiary after Nomura alliance

Toho Bank announced it will dissolve and liquidate wholly-owned subsidiary Toho Securities by July 29, 2025, following a business alliance with Nomura Securities.

Under the partnership agreement signed in July 2024, Nomura took over Toho Securities' customer accounts in July 2025. The subsidiary, established in 2015 with capital of 3.0 billion yen, will be liquidated by the end of the current fiscal year.

The bank expects minimal impact on consolidated financial results for the year ending March 2026.