Rakuten Group, Inc.
Notice on the Resumption of Discussions for the Fintech Business Restructuring
Rakuten Group and Rakuten Bank have resumed discussions on the fintech business restructuring and signed a basic agreement aiming for effectiveness in October 2026.
Key Figures
- Rakuten Group's Equity Ownership in Rakuten Bank: 49.26%
- Rakuten Group Revenue for Fiscal Year Ending December 2025: 2,496,575 million yen
- Rakuten Bank Ordinary Income for Fiscal Year Ending March 2025: 71,524 million yen
AI要約
Background and Purpose of Fintech Business Restructuring
Rakuten Group and Rakuten Bank temporarily halted discussions on the fintech business restructuring initiated in April 2024, but resumed talks on February 25, 2026, in response to rapidly changing business conditions, and signed a basic agreement. The restructuring aims to optimize Rakuten Group’s allocation of management resources and its group structure, strengthen collaboration within the fintech business, utilize AI, and optimize funding costs.
Restructuring Form and Future Outlook
The restructuring envisions an organizational reorganization consolidating fintech businesses including Rakuten Bank, Rakuten Card, and Rakuten Securities Holdings into a single group. Rakuten Bank’s shares will continue to be listed on the Tokyo Stock Exchange Prime Market. After obtaining regulatory approvals and shareholder meeting consent, the effective date is targeted for October 2026, though this may change depending on future discussions. To ensure fairness, a special committee composed of independent outside directors has been established, alongside measures to avoid conflicts of interest.
