Daiwa Securities Group Completes Acquisition of Next Bank

TOKYO, Aug 03 (Pulse News Wire) – Daiwa Securities Group Inc. (8601.NG) completed the acquisition of Daiwa Next Bank, making it a wholly-owned subsidiary.

As of April 27, 2026, Daiwa Next Bank had acquired all outstanding shares of Ori Kusu Kabushiki Kaisha, becoming its fully integrated subsidiary. Key details of the acquired entity include: - Name: Orix Ginkou Kabushiki Kaisha - Location: Orix Kando Building, 3-22-8, Tokyo, Minato Ku Shiba - CEO: Mr. Kanji Teramoto - Business: Banking - Capital: ¥45.00 billion - Established: August 23, 1993 Ownership ratios post-acquisition show Daiwa Next Bank holding 1,200,000 shares, representing 100% of voting rights.

Prior to the acquisition, Daiwa Next Bank held no shares, while now it holds all issued shares of Ori Kusu Kabushiki Kaisha. Looking ahead, the integration of Orix Ginkou Kabushiki Kaisha's financial status and operational performance into Daiwa Securities' consolidated financial statements will commence from the second quarter. An assessment of the impact on Daiwa Securities Group's overall performance is ongoing, and further updates will be disclosed as necessary.