Agreements reached under this partnership
Capital and Business Alliance- 1
Creating new financial experiences through the new banking service WESTER Mirai Bank (tentative name)
- 2
Further enhancing the payment experience
- 3
Improving quality of life along railway lines through community development
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The companies aim to launch the new banking service during FY2027 and establish the joint venture during FY2028.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
Resona Holdings plans to record an approximately ¥40 billion gain on the sale of shares in an affiliate as extraordinary income in its non-consolidated financial statements for the fiscal year ending March 2027. Because the gain arises from the sale of shares in a consolidated subsidiary, the gain recorded in the non-consolidated financial statements will be eliminated on consolidation. The specific impact on the results of the 3 companies is currently under review.
| Item | Details |
|---|---|
| Name of alliance partner | Resona Holdings, Inc., Kansai Mirai Bank, Ltd. |
| Alliance partner's business activities | Bank holding company, Banking |
| Alliance partner's location | Koto-ku, Tokyo, Chuo-ku, Osaka |
| Alliance partner's capital | ¥50.5 billion, ¥38,971 million |
| Type of alliance | Capital and Business Alliance |
| Details of the alliance | Creating new financial experiences through the new banking service WESTER Mirai Bank (tentative name), Further enhancing the payment experience, Improving quality of life along railway lines through community development |
| Number of shares acquired | 20,000,000 shares (20% of total shares issued) |
| Acquisition price | Total acquisition price: ¥90 billion |
| Shareholding ratio | Not disclosed → 20％ |
| Overview of the joint venture | The name, location, business activities, capital contribution and ownership ratios have not been determined. Preparations are under way to establish a joint venture between the two parties, with establishment planned during FY2028. |
| Numerical targets under the alliance | The companies aim to launch the new banking service during FY2027 and establish the joint venture during FY2028. |
| Date of board resolution | JR West: 30 April 2026; Resona Holdings: 1 May 2026 |
| Contract Date | 1 May 2026 |
| Alliance start date | 1 May 2026 |
| Share Acquisition Date and Payment Date | During FY2026 (scheduled) |
| Impact on Business Performance | Resona Holdings plans to record an approximately ¥40 billion gain on the sale of shares in an affiliate as extraordinary income in its non-consolidated financial statements for the fiscal year ending March 2027. Because the gain arises from the sale of shares in a consolidated subsidiary, the gain recorded in the non-consolidated financial statements will be eliminated on consolidation. The specific impact on the results of the 3 companies is currently under review. |
Items this document does not state (7)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The aim is to combine JR West’s customer touchpoints and lifestyle infrastructure with the Resona Group’s financial functions and expertise to build a BaaS and payment model that creates a cycle of value within local communities, thereby stimulating economic activity in western Japan, including the Kansai region, and enhancing the corporate value of the 3 companies.