Chiba Kogyo Bank to fully acquire two subsidiaries, enhancing governance

The Chiba Kogyo Bank, Ltd. announced on October 29, 2025, that its board of directors decided to acquire additional shares in two consolidated subsidiaries, Chiba General Lease Co., Ltd. and Chiba Kogin Computer Soft Co., Ltd., converting them into wholly-owned entities. This strategic move aims to strengthen the Banking Group's governance and foster a more integrated management structure, enabling quicker and more effective responses to evolving market needs.

For Chiba General Lease Co., Ltd., The Chiba Kogyo Bank will acquire 1,710 shares, increasing its ownership to 100.00%. Similarly, for Chiba Kogin Computer Soft Co., Ltd., the Bank will acquire 570 shares, raising its holdings to 100.00%.

The acquisition prices for both transactions will not be disclosed due to confidentiality obligations and will be determined through consultation with the counterparties, based on valuations by independent third parties. The agreements are scheduled for late December 2025, with share acquisition expected to be completed by late March 2026 for Chiba General Lease and late January 2026 for Chiba Kogin Computer Soft. The Bank anticipates a minimal impact on consolidated performance, given that both are already consolidated subsidiaries.