Rakuten Group has officially announced its policy to consider a large-scale reorganization of its financial business. The aim is to consolidate banks, securities companies, credit card companies, and other subsidiaries into one group and strengthen collaboration.
Among these, Rakuten Bank is expected to maintain its current listing and will proceed with consideration of the idea of establishing other subsidiaries under the bank's umbrella. On the other hand, regarding Rakuten Securities Holdings, we have decided to discuss the possibility of not going public as we had previously been aiming for.