Toho Bank significantly boosts stake in Daito Bank for regional growth

Toho Bank announced its decision to acquire 2,281,500 shares of Daito Bank from HS Holdings Co., Ltd. for approximately JPY 2.0 billion. This transaction, approved by Toho Bank's board of directors on December 26, 2025, constitutes a "buying up" equivalent to a tender offer under financial regulations. This acquisition boosts Toho Bank’s total ownership in Daito Bank from 1.56% to 19.67%.

Toho Bank's rationale stems from its "For the Sake of Our Communities" purpose and its TXPLAN2030 long-term management plan, emphasizing regional value co-creation. Recognizing Daito Bank's strong business base and growth potential in Fukushima Prefecture, where both banks operate amidst a declining population, Toho Bank believes this increased collaboration is crucial for enhancing regional sustainability and the corporate value of both institutions.

HS Holdings Co., Ltd., a Tokyo-based company involved in group management, investment, and M&A services, initiated the sale of its Daito Bank shares in May 2025. This acquisition is not expected to materially impact Toho Bank's consolidated financial results for the current fiscal year.