JR West aims first for 500,000 accounts with banking service

Corporate Action
โดย 時事通信·Read original
Summary · why it matters

JR West President Shoji Kurasaka stressed that the company will first aim to acquire 500,000 accounts for the banking service it plans to launch next fiscal year in partnership with Resona Holdings Group, and revealed a target of contributing 10 billion yen in profit by fiscal 2030. JR West will acquire a 20% stake in Kansai Mirai Bank within this fiscal year, and plans to invest 80% by fiscal 2028 to establish a joint venture with Resona Holdings, gradually transferring payment operations and other functions. In addition to deposits and home loans, the company intends to handle corporate payment agency services and corporate card businesses, with President Kurasaka stating, "We want to provide customers with better payment methods." He expressed enthusiasm for nurturing this into a growth business that boosts profit by around 10 billion yen, including dividends from Kansai Mirai Bank shares, and linking it to revitalizing the Kansai regional economy.

Impact on stocks 2

Industrials · 1 stocks
West Japan Railway Company
9021
▲ PositiveCapitalrelevance

JR West plans to launch a banking service with Resona, aiming for 500,000 accounts and 10 billion yen profit by 2030, and will acquire a 20% stake in Kansai Mirai Bank.

Financials · 1 stocks
Resona Holdings, Inc.
8308
▲ PositiveCapitalrelevance

Resona Holdings is partnering with JR West to launch a banking service, with JR West acquiring a 20% stake in Kansai Mirai Bank and planning a joint venture.