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Home> DICJ's Activities> Capital Injection (Including Earthquake Disaster Countermeasure)> List of Capital Injection Operations Pursuant to the Financial Functions Strengthening Act
List of Capital Injection Operations Pursuant to the Financial Functions Strengthening Act

(as of September 30, 2010) (Unit: billion yen, %)
Capital Injection (Convertible Preferred Shares) Management/Disposal Status
Name of Financial Institutions Capital Injection Date Amount Dividend Yield (T = 12m TIBOR) Beginning of Conversion Period Mandatory Acquisition Date Disposal Date Notes
Kiyo HD 1
(Kiyo Bank)
November 2006 31.5 T + 1.15
(cap rate: 7.50)
1 October 2011 1 October 2016    
Howa Bank 2 December 2006 9 1.84 (until March 2009)
6m TIBOR + 1.20 (after April 2009)
1 April 2008 To be designed by the board of directors on and after 2 April 2020    
North Pacific Bank March 2009 100 T + 1.00
(cap rate: 8.00)
1 January 2013 1 April 2024    
Fukuho Bank March 2009 6 1.90 (until March 2012)
T + 1.10 (after April 2012)
(cap rate: 8.00)
1 October 2011 1 April 2024    
Minami Nippon Bank March 2009 15 T + 1.05
(cap rate: 8.00)
1 October 2012 1 April 2024    
Michinoku Bank September 2009 20 T + 0.95
(cap rate: 8.00)
1 April 2017 1 October 2024    
Kirayaka Bank September 2009 20 T + 1.15
(cap rate: 8.00)
1 October 2010 1 October 2024    
Daisan Bank September 2009 30 T + 1.00
(cap rate: 8.00)
1 October 2012 1 October 2024    
Towa Bank December 2009 35 T + 1.15
(cap rate: 8.00)
29 December 2010 29 December 2024    
Bank of Kochi December 2009 15 T + 1.10
(cap rate: 8.00)
29 December 2010 29 December 2024    
FIDEA HD
(Hokuto Bank)
March 2010 10 T + 1.00
(cap rate: 8.00)
1 April 2013 1 April 2025    
Miyazaki Taiyo Bank March 2010 13 T + 1.05
(cap rate: 8.00)
1 October 2010 1 April 2025    
Sendai Bank September 2011 30 funding cost as a preferred dividend annual rate 3 1 April 2013 1 October 2036    
Tsukuba Bank September 2011 35 funding cost as a preferred dividend annual rate 3 1 July 2012 1 October 2031    
Note 1: Names in the parentheses of Kiyo HD, FIDEA HD and Shinkumi Federation Bank show financial institutions which received capital injection practically.
Note 2: The preferred shares of Howa Bank are with voting rights to appoint or dismiss directors.
Note 3: The preferred dividend rate of the earthquake disaster special financial institutions, etc. is "funding cost as a preferred dividend annual rate" which is announced by the DICJ every fiscal year. However, the lower of Japanese Yen TIBOR(12 months) or 8% should be the upper limit.

Capital Injection (Preferred Trust Rights) Management/Disposal Status
Name of Financial Institutions Capital Injection Date Amount Dividend Yield (T = 12m TIBOR) Trust Period Disposal Date Notes
Shinkumi Federation Bank
(Yamanashikenmin Shinyoukumiai)
September 2009 45 T + 1.73
(cap rate: 8.00)
25 years (extendable)    

Total amount of Capital Injection 414.5
Total amount of the Disposed Book Value
Outstanding Balance 414.5

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