November 2, 2022
  • RAKUTEN GROUP, INC.

Announcement of Receipt of Dividends from a Consolidated Subsidiary

 

    As announced in the statement “Announcement of Completion of Partial Share Transfer of Rakuten Securities, Inc.” published on November 1, 2022, following the completion of partial share transfer of Rakuten Securities Inc., Rakuten Group, Inc. (“the Company”) announces that it has received JPY 77.5 billion in dividends from Rakuten Securities Holdings, Inc., a consolidated subsidiary of the Company. The Company also announces that this falls under the requirements for submission of extraordinary reports based on Article 24-5, Paragraph 4 of the Financial Instruments and Exchange Act, and Article 19, Paragraph 2, Item 12 of the Cabinet Office Ordinance on Disclosure of Corporate Affairs, etc..

1. Summary of dividends
    (1) Amount of dividends: JPY 77.5 billion
    (2) Date of receipt: November 2, 2022
    (3) Name of consolidated subsidiary: Rakuten Securities Holdings, Inc. 

2. Impact on financial results
    The above dividend income will be recorded as non-operating income in the Company's non-consolidated financial results for the fiscal year ending December 2022. As these dividends are from a consolidated subsidiary, there will be no impact on the Company’s consolidated financial results for the fiscal year ending December 2022.

*Please note that the information contained in press releases is current as of the date of release.

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