Toho Bank has become the major shareholder in Daito Bank. This significant move came after a series of negotiations between the two banking giants. The exact details of the stake acquired are yet to be disclosed, but this is seen as a crucial step in expanding Toho Bank's influence and footing in the Japanese banking sector.

In Japan, this news is receiving significant attention due to the scale of these banks and the possible ramifications in Japan's banking industry. Shareholder changes at this level often indicate shifts in business strategies and potential restructuring. Toho Bank's strengthened position may lead to changes in their financial services, impacting customers and the overall banking landscape.

Similar transactions in the US or EU often involve public disclosure of details to ensure transparency and regulatory compliance. These processes are monitored by regulatory bodies such as the SEC in the US or the European Central Bank in the EU, which aim to ensure the stability of the banking sector and prevent monopolistic practices.