The Hyakugo Bank,Ltd. [8368.T]
TOKYO, Apr 09 (Pulse News Wire) – The Hyakugo Bank,ltd. (8368.T) announced today that its subsidiary, AI DMA2 Fund (the Fund), has become a significant subsidiary due to additional capital investment.
The Fund was established in July 2021 by Hyakugo Future Investment Co., Ltd., a wholly-owned subsidiary of the bank. With the recent decision to expand its investment activities, the total amount of capital invested exceeds 10% of the bank's capital, making the Fund a significant subsidiary effective April 20, 2026. The Fund operates investment services targeting successors and others. It is located at Mie, Tsu Shi Sakaechou San Choume 123-1 and currently holds a total investment of ¥2.350 billion.
Hyakugo Future Investment Co., Ltd. contributes 0.5% while The Hyakugo Bank,ltd. contributes 99.5%. Its main business includes investment management with a capital of ¥70 million.
The bank expects no impact on consolidated performance projections due to this change.
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