Hokkoku Bank, Ltd. Form CB Filed 2021-05-26
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SECURITIES AND EXCHANGE COMMISSION FORM CB Notification form filed in connection with certain tender offers, business combinations and rights offerings, in which the subject company is a foreign private issuer of which less than 10% of its securities are held by U.S. persons Filing Date: 2021-05-26 SEC Accession No. 0000947871-21-000630 (HTML Version on secdatabase.com) SUBJECT COMPANY Hokkoku Bank, Ltd. Mailing Address Business Address 2-12-6 HIROOKA, 2-12-6 HIROOKA, CIK:1841272| IRS No.: 000000000 | Fiscal Year End: 0331 KANAZAWA KANAZAWA Type: CB | Act: 34 | File No.: 005-92025 | Film No.: 21962691 ISHIKAWA M0 920-8670 ISHIKAWA M0 920-8670 81-76-223-9703 FILED BY Hokkoku Bank, Ltd. Mailing Address Business Address 2-12-6 HIROOKA, 2-12-6 HIROOKA, CIK:1841272| IRS No.: 000000000 | Fiscal Year End: 0331 KANAZAWA KANAZAWA Type: CB ISHIKAWA M0 920-8670 ISHIKAWA M0 920-8670 81-76-223-9703 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM CB TENDER OFFER/RIGHTS OFFERING NOTIFICATION FORM Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to file this Form: Securities Act Rule 801 (Rights Offering) o Securities Act Rule 802 (Exchange Offer) x Exchange Act Rule 13e-4(h)(8) (Issuer Tender Offer) o Exchange Act Rule 14d-1(c) (Third Party Tender Offer) o Exchange Act Rule 14e-2(d) (Subject Company Response) o Filed or submitted in paper if permitted by Regulation S-T Rule 101(b)(8) o The Hokkoku Bank, Ltd. (Name of Subject Company) N/A (Translation of Subject Company’s Name into English (if applicable)) Japan (Jurisdiction of Subject Company’s Incorporation or Organization) The Hokkoku Bank, Ltd. (Name of Person(s) Furnishing Form) Common Stock (Title of Class of Subject Securities) N/A (CUSIP Number of Class of Securities (if applicable)) The Hokkoku Bank, Ltd. Attn: Tomohiko Kikuzawa 2-12-6, Hirooka, Kanazawa, Ishikawa 920-8670, Japan +81-076-223-9703 (Name, Address (including zip code) and Telephone Number (including area code) of Person(s) Authorized to Receive Notices and Communications on Behalf of Subject Company) N/A (Date Tender Offer/Rights Offering Commenced) PART I – INFORMATION SENT TO SECURITY HOLDERS Item 1. Home Jurisdiction Documents Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document (a) The following documents are attached as exhibits to this Form CB: Exhibit Number 99.1 Notice of the 113th Ordinary General Meeting of Shareholders, dated May 28, 2021 (English Translation). (b) Not applicable. Item 2. Informational Legends A legend complying with Rule 802(b) under the U.S. Securities Act of 1933, as amended, is included in the document referred to in Item 1. PART II – INFORMATION NOT REQUIRED TO BE SENT TO SECURITY HOLDERS Not applicable. PART III – CONSENT TO SERVICE OF PROCESS The Hokkoku Bank, Ltd. submitted to the Securities and Exchange Commission a written irrevocable consent and power of attorney on Form F-X dated January 29, 2021. SIGNATURES After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. The Hokkoku Bank, Ltd. /s/ Tomohiko Kikuzawa Name: Tomohiko Kikuzawa Title: Executive Officer Date: May 26, 2021 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document The transformation to a holding company structure described in this notice involves securities of a Japanese company. The offer is subject to disclosure requirements of Japan that are different from those of the United States. Financial statements included in this document, if any, have been prepared in accordance with foreign accounting standards that may not be comparable to the financial statements of United States companies. It may be difficult for you to enforce your rights and any claim you may have arising under the U.S. federal securities laws, since the issuer is located in Japan and some or all of its officers and directors reside outside of the United States. You may not be able to sue a Japanese company or its officers or directors in a Japanese court for violations of the U.S. securities laws. It may be difficult to compel a Japanese company and its affiliates to subject themselves to a U.S. court’s judgment. You should be aware that the issuer may purchase securities otherwise than in connection with the transformation to a holding company structure, such as in the open market or through privately negotiated purchases. This document has been translated from the Japanese-language original for reference purposes only. In the event of any conflict or discrepancy between this document and the Japanese-language original, the Japanese-language original shall prevail in all respects. Securities code: 8363 May 28, 2021 To our shareholders: Shuji Tsuemura President (Representative Director) The Hokkoku Bank, Ltd. 2-12-6 Hirooka, Kanazawa, Ishikawa, 920-0031 Japan NOTICE OF THE 113TH ORDINARY GENERAL MEETING OF SHAREHOLDERS You are cordially invited to attend the 113th Ordinary General Meeting of Shareholders of The Hokkoku Bank, Ltd. (the “Bank”), which will be held as described below. You may exercise your voting rights either in writing (by post) or via internet. After reviewing the attached reference documents for the General Meeting of Shareholders, please exercise your voting rights no later than 5:30 p.m., Thursday, June 17, 2021 (Japan Standard Time). 1. Date and Time: Friday, June 18, 2021 at 10:00 a.m. (Japan Standard Time) 2. Venue: The Bank’s Head Office, 3F, Main Hall, 2-12-6 Hirooka, Kanazawa, Ishikawa 3. Purposes: Items to be reported: 1. Business Report and Non-Consolidated Financial Statements for the 113th Term (from April 1, 2020 to March 31, 2021) Consolidated Financial Statements for the 113th Term (from April 1, 2020 to March 31, 2021), as well as the results of audit of 2. the Consolidated Financial Statements by the Accounting Auditor and the Audit and Supervisory Committee Items to be resolved: Proposal 1: Appropriation of Surplus Proposal 2: Election of five (5) Directors who are not Audit and Supervisory Committee Members Proposal 3: Election of Six (6) Directors who are Audit and Supervisory Committee Members Proposal 4: Establishment of Sole Parent Company Through Share Transfer - 1 - Reference Documents for the General Meeting of Shareholders Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Proposal 1: Appropriation of Surplus The Bank maintains a basic policy to pay dividends of surplus to its shareholders on a stable and continual basis while striving to improve owned capital by enhancing internal reserves. Considering the business performance for the current fiscal year and future business development, the Bank proposes the payment of year-end dividends as follows: Matters related to year-end dividends: (1) Type of dividend property To be paid in cash. (2) Allocation of dividend property and total amount thereof: ¥50 per common share of the Bank Total amount of dividends: ¥1,405,447,900 As the Bank has already paid an interim dividend of ¥30 per share, the annual dividend for the fiscal year will be ¥80 per share. (3) Effective date of distribution of dividends of surplus is June 21, 2021 - 2 - Proposal 2: Election of five (5) Directors who are not Audit and Supervisory Committee Members Mr. Toshiyuki Konishi, Mr. Akira Nishita and Mr. Takayasu Tada resigned as Directors as of March 11, 2021 and the terms of office of other Directors (excluding Directors who are Audit and Supervisory Committee Members; the same applies hereinafter in this proposal) will expire at the conclusion of this Ordinary General Meeting of Shareholders. Therefore, the Bank proposes the election of Five (5) Directors. Please note that when selecting the candidates for Directors, appropriate procedures, such as deliberation by the optional Nomination and Compensation Committee (a majority of which is outside Directors) have been performed. The Audit and Supervisory Committee considers, by taking into account the status of execution of duties by them in the fiscal year under review, that these candidates are suitable for the position of Director in the Bank. The candidates for Directors are as follows: No. Name Current position and responsibilities at the Bank 1 Hideaki Hamasaki Chairman (Representative Director) For reelection 2 Shuji Tsuemura President (Representative Director) For reelection 3 Kazuya Nakamura Director, Senior Executive Officer For reelection 4 Koichi Nakada Director, Senior Executive Officer For reelection 5 Yuji Kakuchi Director, Senior Executive Officer For reelection - 3 - Number of the Name No. Career summary, positions and responsibilities at the Bank Bank’s shares (Date of birth) owned Hideaki Hamasaki Apr. 1978 Joined the Bank 1 2,400 (Date of birth: June 25, 1954) Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Executive Officer, General Manager of Central June 2007 Kanazawa Area and Kanazawa Chuo Branch Manager Executive Officer, General Manager of Sales Apr. 2009 Supervisory Department Director and Executive Officer, General Manager June 2009 of Sales Supervisory Department For reelection Managing Director and Executive Officer, General June 2012 Manager of Sales Supervisory Department Apr. 2016 Senior Managing Director Chairman (Representative Director) (present June 2020 position) Significant concurrent positions outside the Bank Director (Outside) and Audit and Supervisory Committee Member, DAIWA CO., LTD. Reasons for nomination as candidate for Director Mr. Hideaki Hamasaki served as the General Manager of multiple sales branches.