On May 23, 2022, Silchester International Investors LLP announced that it has submitted a notification with the purpose of calls for The Bank of Iwate, Ltd.'s shareholders to approve the payment of an additional special dividend of JP¥ 76 per share. Silchester's approach ensures that the Company retains a fair share of the available earnings generated by the Company's core lending and banking activities. Likewise, allows shareholders to benefit from all dividend income collected on the Company's equity holdings.

In addition, Silchester's stated that not adversely impact the Company's financial solvency or the Company's ability to meet its obligations as a regional financial institution. The resolution would be voted on at the Company's Annual Geneal Meeting.