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Rakuten Bank, Ltd. ( (JP:5838) ) has shared an update.
Rakuten Bank, Ltd. has announced its relationship with its parent company, Rakuten Group, Inc., which holds 49.27% of its voting rights. The bank benefits from the Rakuten Ecosystem, acquiring new customers through the group’s strong customer base. Despite the close ties, Rakuten Bank maintains its management independence, supported by a majority of Outside Directors and a Special Advisory Committee to ensure sound management and protect minority shareholders.
The most recent analyst rating on (JP:5838) stock is a Buy with a Yen4380.00 price target. To see the full list of analyst forecasts on Rakuten Bank, Ltd. stock, see the JP:5838 Stock Forecast page.
More about Rakuten Bank, Ltd.
Rakuten Bank, Ltd. is part of the Rakuten Group’s FinTech segment, operating as an internet bank within the broader Rakuten Ecosystem. The company offers banking services in Japan and Taiwan, leveraging the Rakuten Group’s extensive customer base and loyalty program. It collaborates with other Rakuten financial entities such as Rakuten Card Co., Ltd. and Rakuten Securities, Inc., providing integrated financial services.
Average Trading Volume: 2,104,156
Technical Sentiment Signal: Buy
Current Market Cap: Yen1203.8B
See more insights into 5838 stock on TipRanks’ Stock Analysis page.