Capital injection operations pursuant to the former Financial Functions Stabilization Act

(as of September 30, 2022) (Units: ¥ billion, %)
  Capital Injection (Subordinated Bonds and Subordinated Loans) Management/Disposal Status
Name of Financial Institution Month Year Amount Rate (L = 6m JPY LIBOR) Type Month Year Notes
0-5th Year 6th Year onwards
Mizuho FG
(Fuji Bank)(Disposed)
March 1998 100.0 L + 1.10 L + 2.60 Subordinated bond
(Perpetual)
March 2004 The issuer called for redemption in full.
Mizuho FG
(Industrial Bank of Japan)(Disposed)
March 1998 100.0 L + 0.55 L + 1.25 Subordinated bond
(10 years)
March 2004 The issuer called for early redemption in full.
Mizuho FG
(Yasuda Trust & Banking)(Disposed)
March 1998 150.0 L + 2.45 L + 3.95 Subordinated bond
(Perpetual)
March 2003 The issuer partially called for redemption of ¥50 billion (out of ¥150 billion).
September 2003 The issuer partially called for redemption of ¥50 billion (out of ¥100 billion).
March 2004 The issuer partially called for redemption of ¥25 billion (out of ¥50 billion).
September 2004 The issuer called for redemption of the remaining ¥ 25 billion.
Sumitomo Mitsui FG
(Sakura Bank)(Disposed)
March 1998 100.0 L + 1.20 L + 2.70 Subordinated bond
(Perpetual)
March 2003 The issuer called for redemption in full.
Sumitomo Mitsui FG
(Sumitomo Bank)(Disposed)
March 1998 100.0 L + 0.90 L + 2.40 Subordinated bond
(Perpetual)
March 2003 The issuer called for redemption in full.
Bank of Tokyo-Mitsubishi(Disposed) March 1998 100.0 L + 0.90 L + 2.40 Subordinated bond
(Perpetual)
February 2000 The issuer repurchased in full (repurchase amount: ¥100.56 billion ).
Mitsubishi Trust & Banking(Disposed) March 1998 50.0 L + 1.10 L + 2.60 Subordinated bond
(Perpetual)
December 2000 The issuer repurchased in full (repurchase amount: ¥50.002 billion).
UFJ HD
(Sanwa Bank)(Disposed)
March 1998 100.0 L + 0.55 L + 1.25 Subordinated bond
(10 years)
March 2003 The issuer called for early redemption in full.
UFJ HD
(Tokai Bank)(Disposed)
March 1998 100.0 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 redemption in full.
UFJ HD
(Toyo Trust & Banking)(Disposed)
March 1998 50.0 L + 1.10 L + 2.60 Subordinated bond
(Perpetual)
March 2003 The issuer called for redemption in full.
Resona HD
(Asahi Bank)(Disposed)
March 1998 100.0 L + 1.00 L + 2.50 Subordinated loan
(Perpetual)
October 2005 The borrower exercised the option to repay in full.
Resona HD
(Daiwa Bank)(Disposed)
March 1998 100.0 L + 2.70 (Note3) L + 2.70
(On and after July 1, 2008:L + 3.95)(Note3)
Subordinated loan
(Perpetual)
September 2005 The borrower exercised the option to repay in full.
Sumitomo Trust & Banking(Disposed) March 1998 100.0 L + 1.10 L + 2.60 Subordinated bond
(Perpetual)
March 2003 The issuer called for redemption in full.
Mitsui Trust HD
(Mitsui Trust & Banking)(Disposed)
March 1998 100.0 L + 1.45 L + 2.95 Subordinated bond
(Perpetual)
March 2005 The issuer called for redemption in full.
Mitsui Trust HD
(Chuo Trust & Banking)(Disposed)
March 1998 28.0 L + 2.45 L + 3.95 Subordinated loan
(Perpetual)
March 2003 The borrower exercised the option to repay in full.
Bank of Yokohama(Disposed) March 1998 20.0 L + 1.10 L + 2.60 Subordinated loan
(Perpetual)
May 2003 The borrower exercised the option to repay in full.
Hokuriku Bank(Disposed) March 1998 20.0 L + 2.45 L + 3.95 Subordinated loan
(Perpetual)
September 2005 The borrower partially exercised the option to repay ¥10 billion (out of ¥20 billion).
March 2006 The borrower exercised the option to repay the remaining ¥10 billion.
Ashikaga Bank(Disposed) March 1998 30.0 L + 2.95 L + 4.45 Subordinated bond
(Perpetual)
March 2004 The issuer called for redemption in full.
Shinsei Bank
(the Long-Term Credit Bank of Japan)(Disposed)
March 1998 46.6 L + 2.45 L + 3.95 Subordinated loan
(Perpetual)
March 2003 The borrower exercised the option to repay in full.
 
  Capital Injection (Convertible Preferred Shares) Management/Disposal Status
Name of Financial Institution Month Year Amount Dividend Rate Beginning of Conversion Period Mandatory Acquisition Date Month Year Notes
Mizuho FG
(Dai-Ichi Kangyo Bank)(Disposed)
March 1998 99.0 0.75 July 1, 1998 August 1, 2005 August 2004 The issuer repurchased in full (repurchase amount: ¥59.489 billion)
Mitsui Trust HD
(Chuo Trust & Banking)(Disposed)
March 1998 32.0 2.50 July 1, 1998 August 1, 2018 July 2006 The issuer acquired preferred shares in full and issued new common shares to the DICJ in exchange for such preferred shares. The DICJ sold such common shares in full through the Public Offering at the request of the issuer (proceeds from PO: ¥ 97.926 billion).
Shinsei Bank
(the Long-Term Credit Bank of Japan)
March 1998 130.0 1.00 October 1, 1998 April 1, 2008 October 1998 The DICJ acquired preferred shares based on the decision to impose Special Public Management.
March 2000 The number of preferred shares was decreased 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 the DICJ, and issued new 269,128,888 common shares to the DICJ in exchange for such preferred shares.
November 2017 The issuer repurchased odd-lot common shares that arose from a reverse share split.(0.8 shares equivalent to book value ¥3,864. Proceeds from disposal: ¥1,554).
Aozora Bank
(the Nippon Credit Bank)(Disposed)
March 1998 60.0 1.00 October 1, 1998 June 30, 2022 December 1998 The DICJ acquired preferred shares based on the decision to impose Special Public Management.
October 2000 The number of preferred shares was decreased by 71,856,000 shares (out of 120,000,000 shares) on the decision to implement reduction of capital (and reduced dividend rate (3%→1%)).
September 2012 The terms of preferred shares were changed (amendment to the articles of incorporation).
  • The date of the mandatory acquisition was extended (April 2018 before the change)
June 2015 The issuer repurchased in full
(repurchase amount: ¥86.720 billion)
 
Total Amount of Capital Injection 1,815.6
Total Amount of the Disposed Book Value 1,685.6
Remaining Balance 130.0
(Disposed) Disposed
Notes:

1.Current names are used for the names of financial institutions. However, for the cases of financial institutions whose disposal has been completed, names at the time of the completion of disposal are used.

2.Entries in parentheses are names at the time of capital injection.

3.“L” stands for 3-month JPY LIBOR.

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