To whom it may concern:
Company name Seven Bank, Ltd.
December 26, 2025
Representative Masaaki Matsuhashi, President and
Representative Director
(Security code: 8410, Prime Market of the Tokyo Stock Exchange) Ken Shimizu, Managing Executive Officer and
Contact
General Manager of Planning Division
(TEL: 03-3211-3041)
Notice Concerning Change in Other Related CompanySeven Bank, Ltd. (hereinafter the "Company") hereby announces that ITOCHU Corporation (hereinafter "ITOCHU") is classified as an "other related company" of the Company as of December 26, 2025.
Background of the change
As stated in the timely disclosure titled "Notice Concerning the Capital and Business Alliance with ITOCHU Corporation, Disposal of Treasury Stock through Third-Party Allotment, and Change of Major Shareholders" dated September 26, 2025, the Company entered into an agreement on capital and business alliance with ITOCHU and disposed of treasury stock through an allotment to ITOCHU on October 14, 2025. The Company received a notice that, as of today, the ratio of voting rights held by ITOCHU in the Company will exceed 20%. As a result, ITOCHU has been classified as an "other related company" of the Company.
Corporate profile of ITOCHU
(1)
Name
ITOCHU Corporation
(2)
Location
5-1, Kita-Aoyama 2-chome, Minato-ku, Tokyo, Japan (Tokyo headquarters)
(3)
Job title and name of representative
Keita Ishii, President & Chief Operating Officer, Representative Director
(4)
Description of business
ITOCHU develops a wide range of businesses, including business investments in Japan and overseas, in addition to conducting domestic transactions, imports and exports, and triangular trade in the fields of textiles, machinery, metals, energy, chemicals, food, general products, information and
communications technology, and finance.
(5)
Share capital
¥253,448 million
(6)
Date of establishment
December 1, 1949
(7)
Total shareholders' equity
¥5,755,072 million
(8)
Total assets
¥15,134,264 million
The Master Trust Bank of Japan, Ltd. (trust account)
16.36%
BNYM AS AGT/CLTS 10 PERCENT
10.29%
Custody Bank of Japan, Ltd. (trust account)
5.14%
JPMorgan Securities Japan Co., Ltd.
2.58%
(9)
Major shareholders and ownership ratios
Nippon Life Insurance Company
Mizuho Bank, Ltd
2.40%
2.20%
STATE STREET BANK AND TRUST COMPANY 505001
2.19%
STATE STREET BANK WEST CLIENT - TREATY 505234
1.72%
JP MORGAN CHASE BANK 385781
1.33%
Asahi Mutual Life Insurance Company
1.32%
(10)
Relationship between the parties
Capital relationship
As of October 14, 2025, ITOCHU holds 16.50% of the Company's shares.
Personnel relationship
Not applicable.
Business relationship
Not applicable.
Applicability of related party
Not applicable.
Note: As of March 31, 2025 (unless otherwise noted)
Attribute
Number of voting rights (number of shares held)
Percentage of total voting rights
Before change
(As of October 14, 2025)
Major shareholder
1,946,326
(194,632,600 shares)
16.60%
After change
Major shareholder and other related company
2,344,912
(234,491,200 shares)
20.00%
Number of voting rights (number of shares) held by ITOCHU before and after the change, and the percentage of total voting rights
Notes 1. The percentage of total voting rights is calculated based on the total number of issued shares of 1,179,308,000 as of September 30, 2025, deducting 6,955,900 shares without voting rights.
2. The percentages of total voting rights are truncated to two decimal places.
Change of unlisted parent company, etc. to be disclosed Not applicable.
Outlook
The specific impact on its business performance for the fiscal year ending March 31, 2026 and thereafter is currently undetermined. Should any matters requiring an announcement arise, such matters will be disclosed promptly. Based on the capital and business alliance with ITOCHU, the Company aims to become a common financial services platform operator for the convenience store industry by maximizing the resources and expertise of both groups.
End