Source disclosure: January 26, 2026
The Ogaki Kyoritsu Bank,Ltd. [8361.T]
TOKYO, Jan 26 (Pulse News Wire) – The Ogaki Kyoritsu Bank,ltd. (8361.T) resolved to dissolve its subsidiary, OKBFront Co., Ltd., during a board meeting held.
OKBFront, established on June 24, 2014, primarily engaged in agency banking services. The bank's decision to dissolve the subsidiary stems from a review of its store network. As of the fiscal year ending March 31, 2025, OKBFront reported sales of ¥84 million and net profit of ¥3 million.
Its capital stood at ¥10 million, with The Ogaki Kyoritsu Bank holding a stake of 100% percent. The dissolution process is scheduled to commence after approval from OKBFront’s shareholders' meeting planned for March 31, 2026, with completion of liquidation expected by June 8, 2026. According to the bank, the dissolution will not impact its consolidated or standalone earnings forecasts.
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