San-in Godo Bank Ltd.

The Nikkei reported that San-in Godo Bank aims to issue digital bonds for the first time by a regional bank within fiscal year 2026. In collaboration with NTT Data and the Japan unit of US-based Securitize, the bank will build an issuance platform that can also be used by small and medium-sized enterprises. The digital bonds will adopt a self-offering method, where the issuer sells directly to investors without going through securities companies. The issuance amount is expected to be several hundred million yen, with plans to allow individual investors to purchase from tens of thousands of yen per unit. These are a type of security token issued and managed on a blockchain, suitable for operational efficiency and small-lot sales, and can reduce fee burdens compared to conventional bonds. The plan is to link NTT Data's core system, the "Regional Banks Joint Center," which is used by 13 regional banks, with Securitize's platform, with the aim of expanding to other regional banks in the future. San-in Godo Bank anticipates annual issuance demand of several billion yen, targeting about 10 client companies.

SBI Shinsei Bank announced on the 5th that it will establish a new framework to collaborate with more than 20 regional banks on large-scale financing deals. The bank will consider syndicated loans worth around 100 billion yen in areas such as M&A, data centers, and renewable energy. Fourteen regional banks have already decided to participate, including Joyo Bank, Ashikaga Bank, Sanju San Bank, Tottori Bank, and San-in Godo Bank, with about ten more expected to join by the end of August. The aim is to expand revenue opportunities for regional banks and help strengthen their management.

San-in Godo Bank announced its consolidated results for the April–June quarter of 2026, with net profit rising 96.6% year on year to 6.336 billion yen. Core business profit came to 8.563 billion yen, a sharp increase from 4.984 billion yen in the same period a year earlier.