Mizuho Financial Group, Inc. (head office: Chiyoda–ku, Tokyo; President & Group CEO: Tatsufumi Sakai; "Mizuho Financial Group") hereby announces that today our consolidated subsidiary, Mizuho Bank, Ltd. (head office: Chiyoda–ku, Tokyo; President & CEO: Koji Fujiwara; "Mizuho Bank"), has decided to additionally acquire 648,000 shares of common stock of IBJ Leasing Company, Limited (head office: Minato–ku, Tokyo; President & CEO: Hiroshi Motoyama; "IBJ Leasing") held by the existing shareholder by off–market negotiated transaction. The implementation date of the negotiated transaction is planned on March 29, 2019.
Consequently, together with the shares of common stock of IBJ Leasing that Mizuho Financial Group already holds and Mizuho Bank will acquire through the subscription of the entire shares of common stock of IBJ Leasing to be issued and the share transfer from the existing shareholders by off–market negotiated transaction under "Signing of the Capital and Business Alliance Agreement between Mizuho Bank, Ltd. and IBJ Leasing Company, Limited" released on February 26, 2019, Mizuho Financial Group, its group as a whole, shall hold 23.5% of the shares of common stock of IBJ Leasing.
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