Rakuten Bank takes Rakuten Card, Rakuten Securities Holdings into fold in fintech reorganization

By Public Technologies
  • Rakuten Group restructured its FinTech business, effective today, with Rakuten Card and Rakuten Securities Holdings becoming Rakuten Bank subsidiaries.
  • Transaction is expected to lift Q3 2026 income tax expense by about JPY 23 billion in consolidated results.
  • The underlying transfer gain at Rakuten Card is eliminated on consolidation, leaving only the tax impact in group accounts.


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