Nanto Bank announces share split, benefit revisions amid income growth

The Nanto Bank, Ltd. announced a 5-for-1 share split, effective April 1, 2026, aimed at improving share liquidity and broadening its investor base. Concurrently, the bank will amend its Articles of Incorporation, increasing the total authorized shares from 64,000,000 to 320,000,000. The shareholder benefit program will also be revised, lowering shareholding requirements and increasing the value of local produce gift catalogs, along with introducing a new time deposit plan for eligible shareholders.

These strategic changes coincide with strong financial performance. Nanto Bank reported a consolidated ordinary income of JPY 55,361 million for the six months ended September 30, 2025, an 11.0% increase year-on-year. This growth was primarily driven by higher interest income from loans and securities.

Additionally, the bank issued corrections to its Q1 2025 financial results, specifically adjusting the book values of shares held by the Director Remuneration BIP Trust and the Employee Stock Ownership Plan Trust. The corrected value for the Director Remuneration BIP Trust as of June 30, 2025, is now JPY 365 million, and for the Employee Stock Ownership Plan Trust, it is JPY 954 million.