Rakuten Group, Inc. (Headquarters: Setagaya-ku, Tokyo, Representative Director, Chairman and President: Hiroshi Mikitani) announced the application for the listing of Rakuten Securities Holdings, Inc. (Headquarters: Minato-ku, Tokyo; President and CEO: Yuji Kusunoki, hereinafter "Rakuten Securities Holdings") on the Tokyo Stock Exchange on July 4, 2023 in “Announcement Regarding the Application for Listing of Shares of Rakuten Securities Holdings, Inc. on the Tokyo Stock Exchange”. However, as announced today in "Announcement Regarding Strengthening of Strategic Capital and Business Alliance between Rakuten Securities Holdings and Mizuho Securities”, we have decided to withdraw the listing application today.
Rakuten Securities Holdings, which was preparing for listing, announced that it would "strengthen its capital and business alliance" with the aim of expanding its business strategy and further increasing its corporate value, by strengthening its relationship with Mizuho Securities. We determined that it would be appropriate to apply for listing again after considering the shareholder composition, etc., so we have decided to temporarily withdraw the listing application dated July 4, 2023.
Rakuten Securities Holdings will continue to maintain its policy to list, and plans to apply for listing again to the Tokyo Stock Exchange at the appropriate time. By deepening the business alliance with Mizuho Financial Group companies, we aim to further increase the corporate value of the Rakuten Securities Holdings Group.