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 parties 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).
In Resona HD's standalone financial statements for the fiscal year ending March 2027, a gain on the sale of shares in an affiliated company of approximately ¥40 billion is expected to be recorded as extraordinary income. The specific impact on the consolidated financial 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 |
| Alliance partner's net sales | Consolidated ordinary revenue: ¥1,117,491 million (fiscal year ended March 2025), Consolidated ordinary revenue: ¥141,780 million (fiscal year ended March 2025) |
| 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 | Resona HD: 100% → JR West: 20%（20％） |
| Overview of the joint venture | Preparations will be made for the establishment of a joint venture by the 2 parties. The name, location, business activities, capital contribution and ownership ratio have not been determined. |
| Numerical targets under the alliance | The parties 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 | In Resona HD's standalone financial statements for the fiscal year ending March 2027, a gain on the sale of shares in an affiliated company of approximately ¥40 billion is expected to be recorded as extraordinary income. The specific impact on the consolidated financial results of the 3 companies is currently under review. |
| Change in major shareholders | Resona HD: 100% → JR West: 20%; Resona HD's ownership ratio after the acquisition: Not disclosed（20％） |
Items this document does not state (5)
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.To promote business collaboration aimed at revitalizing the regional economy through an investment in Kansai Mirai Bank. The parties also aim to build a new business model connecting mobility, daily life and finance by leveraging the JR West Group's customer touchpoints and lifestyle infrastructure together with the Resona Group's financial functions and expertise.