Aozora Bank Amends Announcement Regarding Subsidiary Movement

TOKYO, Aug 07 (Pulse News Wire) – Aozora Bank,ltd. (8304.T) amended part of its previous announcement concerning the movement of a specific subsidiary.

The amendment pertains to the reason behind acquiring shares in a fund established as the successor to Aoizora Hybrid 3 Investment Limited Partnership, which was set up in July 2023 by Aozora Enterprise Investment, a subsidiary of the bank. Originally, the bank stated that the total capital amount of the fund equaled more than 10 percent of the bank's own capital.

However, the corrected statement clarifies that it is the total investment amount rather than the capital amount that exceeds 10 percent of the bank’s capital, thus qualifying the fund as a specific subsidiary under regulatory definitions. This correction ensures accurate representation of the bank's investment strategy and compliance with reporting standards.