FIDEA Holdings Co. Ltd. (8713) Stock Price

Fidea Holdings provides diverse financial services centered on banking operations. Its main business segments include banking, credit card services, credit guarantee services, leasing, retail electricity sales, and investment services. These operations are managed by Fidea Holdings and seven consolidated subsidiaries.

Banking is the core business of Fidea Holdings, with Shonai Bank Co., Ltd., Hokuto Bank Co., Ltd., and Fidea Card Co., Ltd. serving as principal entities. These banks operate deposit services, lending services, domestic remittance services, and foreign exchange services, primarily in Akita, Yamagata, and Miyagi prefectures.

Other operations involve Fidea Lease Co., Ltd., Fidea Information Research Institute Co., Ltd., Fidea Energy Co., Ltd., and Fidea Capital Co., Ltd. These subsidiaries conduct leasing operations, research and development services, software development services, retail electricity sales, and investment services, diversifying Fidea Holdings' business portfolio.

Fidea Holdings is classified as a specified listed company and applies materiality thresholds for insider trading regulations based on consolidated financial figures. This requirement ensures transparent management practices.

Fidea Holdings leverages its strengths as a regional financial institution to promote revitalization of the Tohoku region. Established in 2009 through the management integration of Shonai Bank in Yamagata Prefecture and Hokuto Bank in Akita Prefecture, the company is strengthening its use of broad-based sales information and consulting-based sales activities. In 2021, the company adopted a new management philosophy aimed at contributing to sustainable development of local communities.

The company is advancing its Fifth Medium-Term Management Plan, with fiscal year 2025 as the final year. This plan focuses on enhancing financial intermediation functions and supporting clients' business improvements, while strengthening consulting sales in the GX and DX sectors. Through early realization of merger synergies and operational efficiency improvements, the company aims to become a broad-based regional banking group that contributes to sustainable regional development.

Additionally, Fidea Holdings has decided to merge Shonai Bank and Hokuto Bank, with plans to establish a new bank, "Fidea Bank," in January 2027. Through this merger, the company will maximize management integration synergies and strengthen regional relationships. Beginning in fiscal year 2025, the company will transition to substantially single-bank operations, aiming to accelerate merger benefits.