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Chiba Kogyo Bank addresses merger reports with Chiba Bank

September 26, 2025 at 02:09 AM UTCBy FilingReader AI

The Chiba Kogyo Bank, Ltd. has issued an announcement clarifying media reports regarding a potential business integration and the establishment of a holding company with The Chiba Bank, Ltd. The announcement, released on September 26, 2025, states that while discussions between Chiba Kogyo Bank and Chiba Bank regarding business integration are indeed underway, the media reports are not based on an official announcement from Chiba Kogyo Bank.

Hitoshi Umeda, president (CEO) and managing executive officer, along with Nobuhiro Nishimura, executive officer of management planning division, confirmed that no concrete decisions have been made at this time. The bank intends to promptly announce any decisions regarding this matter when they are finalized. This statement aims to manage public and investor expectations amidst the ongoing speculation.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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