North Pacific Bank launches investment subsidiary to boost Hokkaido region
North Pacific Bank, also known as Hokuyo Bank, announced on November 11, 2025, the establishment of Hokkaido Mother Investment Co., Ltd., a 100% owned investment subsidiary. This strategic move aligns with the bank's long-term vision "Hokkaido's attractiveness and happiness, together, to be the best in Japan," unveiled in August 2025. The new subsidiary aims to strengthen competitiveness through industry reorganization and promote growth, ultimately resolving regional issues by fostering the development and sustainable management foundations of small and medium-sized enterprises in Hokkaido.
Hokkaido Mother Investment Co., Ltd. will be located in Sapporo, Hokkaido. It will have capital of JPY 40 million and engage in investment activities and the operation of investment limited partnerships. The bank anticipates the subsidiary to be established around December 2025, with operations commencing in early 2026, following regulatory procedures.
North Pacific Bank also plans to form a fund alongside the subsidiary, aimed at industry reorganization. The bank projects that the establishment of this subsidiary will have a minor impact on its consolidated financial results.
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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