Zenkoku Hosho merges two credit guarantee subsidiaries for efficiency

Zenkoku Hosho Co., Ltd. will merge two of its consolidated subsidiaries, Tsukuba Shinyo Hosho Co., Ltd. and Tohoku Guarantee Service Co., Ltd., effective March 1, 2026. Tsukuba Shinyo Hosho will be the surviving company, absorbing Tohoku Guarantee Service. Both companies are 100% owned by Zenkoku Hosho, and this internal restructuring aims to improve group-wide management efficiency and governance.

The merger will not involve the issuance of new shares or other financial considerations, as both entities are wholly-owned subsidiaries. The Board of Directors approved the merger agreement on December 15, 2025, with the agreement slated for signing on December 25, 2025. Shareholder approval is scheduled for February 26, 2026.

Tsukuba Shinyo Hosho, with a capital of 91 million yen, was established on January 10, 1984. Tohoku Guarantee Service, with a capital of 30 million yen, was established on October 25, 1984. Both companies operate in the credit guarantee business. Zenkoku Hosho anticipates the merger will have a limited impact on its consolidated financial results.