The Shikoku Bank Shikoku Bank Client Files for Bankruptcy
TOKYO, Jul 10 (Pulse News Wire) – The Shikoku Bank, Ltd. (8387.T) announced that its client, Full Dong Shin Co., Ltd., filed for bankruptcy proceedings on July 6, 2026, according to a decision made by
TOKYO, Jul 10 (Pulse News Wire) – The Shikoku Bank, Ltd. (8387.T) announced that its client, Full Dong Shin Co., Ltd., filed for bankruptcy proceedings on July 6, 2026, according to a decision made by the Osaka District Court.
Full Dong Shin Co., Ltd., located at Osaka, Osaka Shi Chuuouku Shimanouchi Ichi Choume14-14 To Shin Building, had previously secured some of its debts through collateral. However, the bank expects to fully provision the unsecured portion of its debt during the first quarter of the fiscal year ending March 2027. Notably, there are no changes to the bank's previously disclosed earnings forecasts for the same period.
Details of the affected client include: - Name: Full Dong Shin Co., Ltd. was ¥1 billion. This represents 0.52% of the consolidated net assets as of the end of March 2026.
