Descriptions:
Jimoto Holdings, which is undergoing a business restructuring under the effective supervision of the government, has decided to extend the repayment period of government funds by 13 years, which is approaching September. Jimoto Holdings, which owns Sendai Bank and Kirayaka Bank in Yamagata City, ran its biggest deficit ever last fiscal year, effectively came under state control and began restructuring its business. Jimoto Holdings President Takashi Suzuki held a press conference on August 30 and announced that the maturity date for the 20 billion yen investment of public funds will be extended by 13 years from the end of September 2024 to the end of September 2037. We have clarified our policy. . The reason for this is that they want to increase their profitability and get resources for repayment by getting a grace period before repayment and the official decision will be made after verification by the Financial Services Agency. Jimoto Holdings President Takashi Suzuki: “From now on, the Jimoto Group would like to work together to support local companies and restore the group’s efficiency.”