Kyushu-Okinawa Banking Alliance Semiconductor Solutions (Q-BASS): Participation in Syndicated Loan for Shinko Electric Industries Co., Ltd.
Fukuoka Bank participated in its first syndicated loan for Shinko Electric Industries Co., Ltd. through the Kyushu-Okinawa Banking Alliance Semiconductor Solutions (Q-BASS) framework. Moving forward, the bank will collaborate with major financial institutions to support semiconductor-related companies, contributing to regional economic growth.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 00:30
- 🔍 Collected: May 19, 2026 at 16:01
- 🤖 AI Analyzed: May 20, 2026 at 08:04 (16h 2m after Collected)
Fukuoka Bank (President: Hisashi Goto) announced its participation in a syndicated loan for Shinko Electric Industries Co., Ltd. (President: Susumu Kurashima). The loan, coordinated by Sumitomo Mitsui Banking Corporation, involves arrangements with Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, The Hachijuni Bank, and Aozora Bank, along with member banks of the Kyushu-Okinawa Banking Alliance (Q-BASS).
This initiative is part of the Q-BASS Finance Project (led by Nishi-Nippon City Bank, with Fukuoka Bank as vice-leader) and represents the first syndicated loan in which Q-BASS has participated in cooperation with major financial institutions.
Fukuoka Bank remains committed to working with other Q-BASS member banks to provide comprehensive support, extending beyond finance, to semiconductor-related companies and contributing to the sustainable growth of the semiconductor industry.
* Q-BASS stands for 'Kyushu-Okinawa-Banking Alliance Semiconductor Solutions'.
Overview of the Syndicated Loan:
Date of agreement: March 26, 2026
Arrangers/Agents: Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, The Hachijuni Bank, Aozora Bank
Purpose of funds: Operating capital, etc.
Overview of the Target Company:
Company name: Shinko Electric Industries Co., Ltd.
Head office: 80 Oshimada-machi, Nagano City, Nagano Prefecture
Principal business: Manufacturing and sale of plastic laminate packages, lead frames, glass terminals, heat spreaders, ceramic electrostatic chucks, etc., and IC assembly.
About Q-BASS:
Q-BASS is an agreement among 13 regional banks in Kyushu, Okinawa, and Yamaguchi to cooperate toward the realization of a 'New Silicon Island Kyushu'. It supports regional economic growth by promoting the concentration of the semiconductor industry and strengthening other sectors.
About Fukuoka Financial Group (FFG):
Established in 2007, FFG is a wide-area regional financial group with a network covering all of Kyushu. It consists of four regional banks with long histories in Kyushu (Fukuoka Bank, Kumamoto Bank, Juhachi-Shinwa Bank, Fukuoka Chuo Bank), the digital bank 'Minna no Bank', and other subsidiaries including securities and consulting firms.
About Fukuoka Bank:
Company name: Fukuoka Bank
Head office: 2-13-1 Tenjin, Chuo-ku, Fukuoka City
Representative: Hisashi Goto, President
This initiative is part of the Q-BASS Finance Project (led by Nishi-Nippon City Bank, with Fukuoka Bank as vice-leader) and represents the first syndicated loan in which Q-BASS has participated in cooperation with major financial institutions.
Fukuoka Bank remains committed to working with other Q-BASS member banks to provide comprehensive support, extending beyond finance, to semiconductor-related companies and contributing to the sustainable growth of the semiconductor industry.
* Q-BASS stands for 'Kyushu-Okinawa-Banking Alliance Semiconductor Solutions'.
Overview of the Syndicated Loan:
Date of agreement: March 26, 2026
Arrangers/Agents: Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, The Hachijuni Bank, Aozora Bank
Purpose of funds: Operating capital, etc.
Overview of the Target Company:
Company name: Shinko Electric Industries Co., Ltd.
Head office: 80 Oshimada-machi, Nagano City, Nagano Prefecture
Principal business: Manufacturing and sale of plastic laminate packages, lead frames, glass terminals, heat spreaders, ceramic electrostatic chucks, etc., and IC assembly.
About Q-BASS:
Q-BASS is an agreement among 13 regional banks in Kyushu, Okinawa, and Yamaguchi to cooperate toward the realization of a 'New Silicon Island Kyushu'. It supports regional economic growth by promoting the concentration of the semiconductor industry and strengthening other sectors.
About Fukuoka Financial Group (FFG):
Established in 2007, FFG is a wide-area regional financial group with a network covering all of Kyushu. It consists of four regional banks with long histories in Kyushu (Fukuoka Bank, Kumamoto Bank, Juhachi-Shinwa Bank, Fukuoka Chuo Bank), the digital bank 'Minna no Bank', and other subsidiaries including securities and consulting firms.
About Fukuoka Bank:
Company name: Fukuoka Bank
Head office: 2-13-1 Tenjin, Chuo-ku, Fukuoka City
Representative: Hisashi Goto, President
FAQ
What kind of companies are targeted by Q-BASS support?
The support is mainly aimed at semiconductor-related companies operating in the Kyushu and Okinawa regions, seeking to promote industrial clusters and strengthening.
What is the group structure of Fukuoka Bank?
It operates under the Fukuoka Financial Group, providing community-based financial services and forming a broad-regional financial group.
How does this initiative affect the regional economy?
By boosting the growth of the semiconductor industry, it is expected to strengthen related industries and revitalize the overall regional economy.