Mergers, tender offers, buyouts and asset sales involving Japanese companies, in English.
Tokyo Century has sold 50% of SKY-U to Itochu for $1.946bn, deconsolidating Aviation Capital Group but keeping a 50% stake; the roughly ¥38bn profit effect is expected in the third quarter.
Japan Post Bank has agreed to buy 51,489,700 Matsui Securities shares from the founding family's holding company, becoming largest shareholder on a planned December 28 closing, with a right to nominate one non-executive director and a referral route to its roughly 120 million accounts.
Shiga Bank will lift its stake in Senshu Ikeda Holdings to 11.81% of voting rights with a roughly ¥36.6bn purchase on October 30, a day after both banks agreed to work toward a share exchange targeted for April 2028.
Matsui Securities says it is discussing an alliance with Japan Post Bank that includes a possible investment in Matsui, while the bank says only that it is weighing broker tie-ups; both say nothing is decided.
SBI Holdings' vehicle will buy all 90,944 BASE shares tendered, against a cap of 23,792,300, leaving it at 0.08% and short of making BASE an equity-method affiliate; the alliance structure is now up for discussion.
Dai-ichi Life Group confirmed that its Australian subsidiary, TAL Daiichi Life Australia, submitted a non-binding proposal to Challenger's board, and said it has decided nothing on a legally binding transaction.
Lifenet Insurance has signed a conditional deal to buy Kizuna and enter small-amount short-term insurance, with about ¥390mn of total spending including systems; the purchase price is undisclosed, and closing is planned for April 2027.
SBI's vehicle kept its ¥340 BASE offer and 20.67% cap but extended the deadline to October 21 and pushed settlement to October 28, after a major shareholder said he would resume buying to pass 30%.
Procrea Holdings, Akita Bank and Bank of Iwate resolved to open integration talks aimed at April 2028, citing faster-than-average depopulation and AI and cybersecurity costs.
Three regional lenders each said a press report of integration talks was not their announcement, and each plans to take the matter to its board on 2 October; only Akita and Iwate say nothing has been decided.
SBI Holdings made crypto exchange bitbank a wholly owned subsidiary on October 1 after the exchange repurchased shares from MIXI and Ceres, with Ceres reporting ¥8.61bn for its 21,480 shares and about ¥5.7bn in expected special gains.
JR West now holds 20.0% of Kansai Mirai Bank after paying Resona ¥90bn, while the bank stays a Resona subsidiary; a banking service targeted for around spring 2027 depends on a banking-agent license.
Rakuten Bank took 100% of Rakuten Card and the securities holding company on October 1, paying in Class A shares that leave Rakuten Group with 49.95% of the bank's votes and Mizuho Bank with 10.52%, while Rakuten Group expects a ¥23.0bn tax charge.
SBI Insurance Group would be delisted on 30 March 2027 as planned, with each of its shares converting into 3.53 SBI Global Asset Management shares, but the ratio can change and a final agreement, votes and approvals are still needed.
FIDEA Holdings' Yamagata and Akita banks signed their merger contract on 30 September, with the merged The FIDEA Bank, Ltd. planned for 1 January 2027 subject to regulatory approvals; the company said its earnings forecast is unaffected.
Chiba Bank and Chiba Kogyo Bank have finalised a one-for-one common-share swap into Chiba Financial Group, planned for 1 April 2027, subject to a 23 December shareholder vote and regulatory approvals including one under the Banking Act.
Gunma Bank shareholders vote December 23 on a share exchange that would hand full ownership to Daishi Hokuetsu Financial Group from April 2027, with a linked charter rewrite taking effect only if the deal does.
Four months after agreeing to merge, the two Tokai-region bank holding companies have walked away: differing views on the direction of the integrated holding company left the final agreement unworkable ahead of a September deadline, and both firms say the split leaves earnings unaffected.
The JFTC told SBI's tender vehicle it won't block the tender offer for BASE and cut the mandatory waiting period from 30 days to 18, but SBI says the correction changes nothing about the offer's actual purchase terms.
Partners Life, the Auckland insurer Daiichi Life fully owns, has agreed to pay NZ$630mn for Fidelity Life, taking the business from Guardians of New Zealand Superannuation, Ngāi Tahu Investments and other holders, with completion targeted for March to July 2027 subject to regulatory approval.
Tokyo Century has signed a final deal to sell 50% of Aviation Capital Group, its wholly owned US aircraft lessor, to related-party shareholder Itochu, and the resulting one-off gain, guided at roughly ¥50bn consolidated, stays unconfirmed until competition regulators clear the November closing.
Sumitomo Mitsui Trust Bank is cutting its stake in a ¥1.64tn leasing subsidiary from 84.9% to 45%, Panasonic is exiting entirely, and Fuyo General Lease (40%) and Yokohama Financial Group (15%) are buying in; parent Sumitomo Mitsui Trust Group expects a ¥14.0bn transfer loss when the deal closes on October 1.
Japan Post Insurance wants to hand decades-old, pre-privatization underwriting risk to a reinsurance vehicle SCOR would build and run, taking a stake capped below half the voting rights, but the companies have signed only a memorandum, not a final deal.
The move: Muninoba’s tender offer succeeded and Aiful is handing over its 6,408,000-share block on July 9, giving the buyer 77.67 per cent of Anshin Guarantor Service’s voting rights. The catch: that is still below 90 per cent, so the final squeeze-out and delisting steps now run through an early-September extraordinary meeting.