Filed by The Higashi-Nippon Bank, Limited Pursuant to Rule 425 under the U.S. Securities Act of 1933 Subject Companies: The Bank of Yokohama, Ltd. (File Number: 333-207913) and The Higashi-Nippon Bank, Limited (File Number: 333-207913-01) Dated November 16, 2015 Fiscal Year 2015 First Half Information Meeting (Excerpt) Monday, November 16, 2015 The Higashi-Nippon Bank, Limited |
7. Strengthening of sales base Accelerate the strengthening of sales base in central Tokyo Enhancement of branch network in central Tokyo along the Yamanote Line Nakaitabashi Itabashi Ekimae Komagome Toneri Higashijujo Nishiarai Machiya Ogu Senju Nishiarai Branch Sekibara Branch Shinjuku Ueno Azumabashi Tachibana Shinkoiwa Daitabashi Hatsudai Shibuya Hachimanyama Higashikitazawa Opened in Apr. 2015 Aoyama Osaki Togoshi Ebara Yaguchi Tokyo Loan Center Kanda Hirai Higashinihonbashi Opened in Sept. 2014 Head Office Business Dept. Komatsugawa Corporate Business Dept. Tsukishima Fukagawa Tachiaigawa Umeyashiki Kamata Mizue Edogawa Status of branches dedicated to sales efforts to corporate customers (Mita Branch, Higashinihonbashi Branch and Aoyama Branch) (as of September 30, 2015) Borrowers Loans Mita Branch 138 12.4 billion yen Higashinihonbashi Branch 83 3.8 billion yen Aoyama Branch 52 2.0 billion yen Total 273 18.2 billion yen Mita Branch, which opened in February 2013, turned profitable one year and five months after the opening. Concordia Financial Group From April 2016 Promote streamlining and improvements in efficiency of administration centers Total 200 shifted personnel in the two banks (Reassignment of personnel from administration centers to sales departments) Reinforce recruitment of new employees Strengthen business structure Open approx. 20 new branches (5 of which will be shared branches) Establish approx. 15 shared sales bases Reassignment of personnel to corporate sales workforce April 2015 Opening of Aoyama Branch June 2015 Streamlining of headquarter organizations June 2015 Conversion of branches to satellite branches 15.4.1 Entire bank 1,496 20 branches dedicated to sales to corporate customers 254 +4 +5 +3 Headquarters and other sales branches 1,242 4 23 3 Fiscal year 2016 first half Plan to open new branches(2 branches) (Unit: Persons) 15.9.30 Increase/decrease (compared to April 2015) Fiscal year 2016 first half 1,468 28 264 +10 Approx. +14 1,204 38 Approx. 14 Increase branches and sales bases in Tokyo 50% in 5 years (Current number: 69 branches) (Number of increase in branches and sales bases: Approx. 35 branches) 14 |
The Bank of Yokohama, Ltd. and The Higashi-Nippon Bank, Limited have filed a registration statement on Form F-4 with the U.S. Securities and Exchange Commission (the “SEC“) in connection with the proposed joint share transfer. The Form F-4 contains a prospectus and other documents. The registration statement on Form F-4 has been declared effective, and The Bank of Yokohama, Ltd. and The Higashi-Nippon Bank, Limited have arranged to mail the prospectus contained in the Form F-4 to their respective U.S. shareholders prior to the shareholders’ meeting at which the proposed joint share transfer will be voted upon. The Form F-4 and prospectus, as they may be amended from time to time, contain important information about The Bank of Yokohama, Ltd. and The Higashi-Nippon Bank, Limited, the joint share transfer and related matters including the terms and conditions of the transaction. U.S. shareholders of The Bank of Yokohama, Ltd. and The Higashi-Nippon Bank, Limited are urged to read the Form F-4, the prospectus and other documents filed with the SEC in connection with the joint share transfer carefully before they make any decision at the respective shareholders’ meeting with respect to the joint share transfer. Any documents filed with the SEC in connection with the joint share transfer are available, free of charge, on the SEC’s web site at www.sec.gov. In addition, upon request, the documents can be distributed for free of charge. To make a request, please refer to the following contact information. The Bank of Yokohama, Ltd. Corporate Planning Department, Public Relations Office Tel: 045-225-1141 The Higashi-Nippon Bank, Limited Corporate Planning Department, Public Relations Office and CSR Tel: 03-3273-4073 |