Oct 1, 2026 · 3 min read
Rakuten Bank takes full control of Rakuten Card, while Rakuten Group holds 49.95% of its votes
Rakuten Bank took 100% of Rakuten Card and the securities holding company on October 1, paying in Class A shares that leave Rakuten Group with 49.95% of the bank's votes and Mizuho Bank with 10.52%, while Rakuten Group expects a ¥23.0bn tax charge.