8560 Miyazaki Taiyo Bank
- Nov 30, 2025
- 1 min read
Miyazaki Taiyo Bank is a second-tier regional bank based in Miyazaki Prefecture and also operating in neighboring prefectures. . Lending share in the prefecture is just under 20%. Once a recipient of government capital injection, the bank completed repayment of 13 billion yen in public funds.
Alas, it trades on Fukuoka exchange, unavailable to foreigners via ibkr
reminiscent of September 29, where Chiba Bank and Chiba Kogyo Bank agreed to merge under a joint holding company.
just 6 months earlier, Chiba Bank acquired 20% stake in Chiba Kogyo from Ariake Capital, which was reportedly shopping for a buyer in several adjacent prefectures
https://toyokeizai.net/articles/-/908429
Nov 14, Miyazaki Bank acquires 5% block of Miyazaki Taiyo Bank at 1312 yen/share, boosting its stake to over 9%. It's stated reason for this ownership is to "hold the stake as stable shareholder to support the stability of the regional financial system"
In Nov 19th release, Miyazaki Taiyo denied any plan, talk or contemplation of potential merger with Miyazaki Bank