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Rakuten Bank, Ltd. ( (JP:5838) ) has provided an announcement.
Rakuten Bank plans to amend its Articles of Incorporation to introduce Class A non-voting shares as part of a broader reorganization of Rakuten Group’s fintech operations. The bank will propose these changes at its 27th annual shareholders’ meeting on June 24, 2026, with the amendments scheduled to take effect on October 1, 2026.
Under the planned reorganization, Rakuten Bank will become the parent company in a share delivery transaction, making Rakuten Card Co., Ltd. and Rakuten Securities Holdings, Inc. its subsidiaries. To facilitate this structure, the bank will issue new Class A non-voting shares to Rakuten Group, Inc. and Mizuho Bank, Ltd., a move that supports capital and governance alignment within the fintech group while limiting voting dilution for existing shareholders.
The most recent analyst rating on (JP:5838) stock is a Hold with a Yen7680.00 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 a Japanese online bank listed on the Tokyo Stock Exchange Prime Market, operating within the broader Rakuten Group’s fintech ecosystem. The bank focuses on digital financial services and collaborates closely with Rakuten Card Co., Ltd. and Rakuten Securities Holdings, Inc. to provide integrated banking, card, and investment solutions.
Average Trading Volume: 2,175,039
Technical Sentiment Signal: Buy
Current Market Cap: Yen1151.9B
For a thorough assessment of 5838 stock, go to TipRanks’ Stock Analysis page.