Deposit Insurance Corporation of Japan
Search DICJ
Japanese
Home> DICJ's Activities> Capital Injection (Including Earthquake Disaster Countermeasure)> List of Capital Injection Operations Pursuant to the Financial Functions Stabilization Act
List of Capital Injection Operations Pursuant to the Financial Functions Stabilization Act

(as of September 30, 2010) (Unit: billion yen, %)
Capital Injection (Subordinated Bonds and Subordinated Loans) Management/Disposal Status
Name of Financial Institution Capital Injection Date Amount Approved rate
(L = 6m LIBOR)
Type Maturity Disposal Date Notes
0-5th Year 6th Year onwards
Mizuho FG
(former Fuji Bank)
March 1998 100 L + 1.10 L + 2.60 Subordinated
bond
Perpetual March 2004 The issuer called for early redemption in full
Mizuho FG
(former Industrial Bank of Japan)
March 1998 100 L + 0.55 L + 1.25 Subordinated
bond
10 years March 2004 The issuer called for early redemption in full
Mizuho FG
(former Yasuda Trust & Banking)
March 1998 150 L + 2.45 L + 3.95 Subordinated
bond
Perpetual March 2003 The issuer partially called for early redemption of 50 billion JPY (out of 150 billion JPY)
September 2003 The issuer partially called for early redemption of 50 billion JPY (out of 100 billion JPY)
March 2004 The issuer partially called for early redemption of 25 billion JPY (out of 50 billion JPY)
September 2004 The issuer called for early redemption of the remaining 25 billion JPY
Sumitomo Mitsui FG
(former Sakura Bank)
March 1998 100 L + 1.20 L + 2.70 Subordinated
bond
Perpetual March 2003 The issuer called for early redemption in full
Sumitomo Mitsui FG
(former Sumitomo Bank)
March 1998 100 L + 0.90 L + 2.40 Subordinated
bond
Perpetual March 2003 The issuer called for early redemption in full
Mitsubishi UFJ FG
(former Bank of Tokyo-Mitsubishi)
March 1998 100 L + 0.90 L + 2.40 Subordinated
bond
Perpetual February 2000 The issuer repurchased in full (repurchase amount: 100.560 billion JPY)
Mitsubishi UFJ FG
(former Mitsubishi Trust & Banking)
March 1998 50 L + 1.10 L + 2.60 Subordinated
 bond
Perpetual December 2000 The issuer repurchased in full (repurchase amount: 50.002 billion JPY)
Mitsubishi UFJ FG
(former Sanwa Bank)
March 1998 100 L + 0.55 L + 1.25 Subordinated
bond
10 years March 2003 The issuer called for early redemption in full
Mitsubishi UFJ FG
(former Tokai Bank)
March 1998 100 L + 0.90 L + 2.40 Subordinated
loan
Perpetual May 2001 Perpetual subordinated loan changed into perpetual subordinated bonds
March 2003 The issuer called for early redemption in full
Mitsubishi UFJ FG
(former Toyo Trust & Banking)
March 1998 50 L + 1.10 L + 2.60 Subordinated
bond
Perpetual March 2003 The issuer called for early redemption in full
Resona HD
(former Asahi Bank)
March 1998 100 L + 1.00 L + 2.50 Subordinated
loan
Perpetual October 2005 The borrower executed the option to repay in full
Resona HD
(former Daiwa Bank)
March 1998 100 3m LIBOR + 2.70 3m LIBOR + 2.70
(On and after July 1, 2008: 3m LIBOR + 3.95)
Subordinated
loan
Perpetual September 2005 The borrower executed the option to repay in full
Sumitomo Trust & Banking March 1998 100 L + 1.10 L + 2.60 Subordinated
bond
Perpetual March 2003 The issuer called for early redemption in full
Chuo Mitsui Trust HD
(former Mitsui Trust & Banking)
March 1998 100 L + 1.45 L + 2.95 Subordinated
bond
Perpetual March 2005 The issuer called for early redemption in full
Chuo Mitsui Trust HD
(former Chuo Trust & Banking)
March 1998 28 L + 2.45 L + 3.95 Subordinated
loan
Perpetual March 2003 The borrower executed the option to repay in full
Bank of Yokohama March 1998 20 L + 1.10 L + 2.60 Subordinated
loan
Perpetual May 2003 The borrower executed the option to repay in full
Hokuhoku FG
(Hokuriku Bank)
March 1998 20 L + 2.45 L + 3.95 Subordinated
loan
Perpetual September 2005 The borrower partially executed the option to repay 10 billion JPY (out of 20 billion JPY)
March 2006 The borrower executed the option to repay the remaining 10 billion JPY
Ashigin FG
(Ashikaga Bank)
March 1998 30 L + 2.95 L + 4.45 Subordinated
bond
Perpetual March 2004 The issuer called for early redemption in full
Shinsei Bank March 1998 46.6 L + 2.45 L + 3.95 Subordinated
bond
Perpetual March 2003 The borrower executed the option to repay in full

Capital Injection (Convertible Preferred Shares) Management/Disposal Status
Name of Financial Institution Capital Injection Date Amount   Beginning of
Conversion Period
Mandatory Acquisition Date Disposal Date Notes
Mizuho FG
(former Dai-Ichi Kangyo Bank)
March 1998 99 0.75 1 July 1998 1 August 2005 August 2004 The issuer repurchased in full (repurchase amount: 59.489 billion JPY)
Mitsui Trust HD
(former Chuo Trust & Banking)
March 1998 32 2.50 1 July 1998 1 August 2018 July 2006 The issuer acquired preferred shares in full and issued new common shares to DICJ in exchange for such preferred shares. DICJ sold such common shares in full through the Public Offering at the request of the issuer (proceeds from PO: 97.926 billion JPY)
Shinsei Bank March 1998 130 1.00 1 October 1998 1 April 2008 October 1998 Acquired by the DICJ based on the decision to impose Special Public Management
March 2000 Decreased in the number by 25,472,000 shares out of 100,000,000 shares on the decision to implement reduction of capital
March 2008 The issuer acquired the remaining 74,528,000 preferred shares, at the request of DICJ, and issued new 269,128,888 common shares to DICJ in exchange for such preferred shares
Aozora Bank March 1998 60 1.00 1 October 1998 1 April 2018 December 1998 Acquired by the DICJ based on the decision to impose Special Public Management
October 2000 Decreased in the number by 71,856,000 shares out of 120,000,000 shares on the decision to implement reduction of capital (and reduced dividend yield (3%→1%))

Total Amount of Capital Injection 1,815.6
Total Amount of the Disposed Book Value 1,625.6
Outstanding Balance 190.0

    Disposed

Back to Top