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Daiwa ( (JP:8601) ) has issued an announcement.
Daiwa Securities Group will acquire all issued shares of ORIX Bank Corporation for approximately ¥370 billion, making it a wholly owned subsidiary financed entirely from its own funds. The deal is positioned as a strategic use of the group’s capital buffer while preserving financial soundness, and a future merger between ORIX Bank and Daiwa Next Bank is anticipated.
By integrating ORIX Bank’s lending and trust capabilities with Daiwa Next Bank’s strong deposit base and Daiwa’s client network, the group aims to build a “virtuous cycle” of deposit and loan growth that supports sustainable revenue expansion. The transaction is expected to deepen total asset consulting across client life stages, improve ROE and EPS, and significantly enhance corporate value and competitive positioning in wealth management and banking solutions.
More about Daiwa
Daiwa Securities Group Inc. is a Japanese financial services group centered on securities and investment banking, with an expanding presence in retail and corporate wealth management. Through its banking subsidiaries, including Daiwa Next Bank, it focuses on deposit-gathering and client-focused asset consulting, aiming to strengthen stable revenue streams and enhance shareholder returns.
YTD Price Performance: 10.87%
Average Trading Volume: 4,876,265
Technical Sentiment Signal: Buy
Current Market Cap: Yen2036.7B
See more insights into 8601 stock on TipRanks’ Stock Analysis page.