Hyakugo Bank revises shareholder benefits to encourage long-term holding

Hyakugo Bank, Ltd. has updated its shareholder benefit program to encourage long-term shareholding, effective for the March 31, 2026 record date and beyond. Previously, benefits required no specific holding period, only ownership of 1,000 shares or more, with tiered benefits of 3,000 yen for 1,000-4,999 shares and 5,000 yen for 5,000 shares or more. Under the new scheme, shareholders must hold 1,000 shares or more for at least one year.

The revised program introduces two tiers based on the shareholding period: one year or more but less than three years, receiving 3,000 yen worth of Mie Prefecture's specialties, and three years or more, receiving 5,000 yen worth of specialties. Eligibility is determined by continuous recording with the same shareholder number in the company’s register at the end of March and September each year. One year or more requires three consecutive recordings, while three years or more requires seven consecutive recordings, each time holding 1,000 shares or more.

Transitional measures are in place for shareholders holding shares as of the end of September 2025. Those with 1,000-4,999 shares will receive 3,000 yen benefits if they maintain continuous ownership until March 31, 2026. Shareholders with 5,000 shares or more will receive 5,000 yen benefits, continuing until their holding period reaches three years (maximum until March 31, 2029), provided they maintain continuous ownership. Shareholders who begin holding shares on or after October 1, 2025, are not eligible for these transitional benefits.