Mizuho Leasing Company Completes Third-Party Allocation Share Issuance

TOKYO, Jul 01 (Pulse News Wire) – Mizuho Leasing Company,limited (8425.T) completed the payment procedures for the issuance of A-type preferred shares to Mizuho Financial Group (Mizuho FG). The issuance was approved by the board of directors on May 14, 2026.

Key details of the share issuance include: - Payment completion date: July 01, 2026 - Number of newly issued shares: 32,000,000 - Issue price per share: ¥1,440 - Total issue amount: ¥46.08 billion Proceeds from the issuance, totaling ¥45.89 billion (estimated net proceeds), will be capitalized at ¥720 per share, bringing the total capital contribution to ¥23.04 billion. The A-type preferred shares will rank equally with common shares in dividend payments and residual asset distribution, subject to certain adjustments. As part of the transaction, Mizuho FG received 32,000,000 shares.

Prior to the issuance, the company had 282,666,300 outstanding common shares and a capital of ¥46.93 billion. Post-issuance, the number of outstanding common shares remains unchanged while the number of A-type preferred shares stands at 32,000,000, increasing the capital to ¥69.97 billion. For more detailed information, refer to the previous announcement dated May 14, 2026, titled “Third-Party Allocation Share Issuance, Partial Amendment to Articles of Incorporation, Capital Business Alliance Agreement with Mizuho FG, Changes in Major Shareholders Including Top Shareholder, and Capital Business Alliance Agreement with Nippon Steel Sumitomo Construction.”.