Rakuten reorganizes stay business, adjusts merger plans

Rakuten Group, Inc. will implement a company split to transfer its Oyado business, shares of Rakuten STAY Operations, Inc., and shares of Yufuin Kutsuroginosato Co.,Ltd. from Rakuten STAY, Inc. to Rakuten Group. This follows a decision to exclude Rakuten STAY from absorption-type mergers announced on May 14, 2025, recognizing its distinct business nature. The company split is scheduled for January 1, 2026, and will be conducted without consideration, as Rakuten STAY is expected to be a wholly-owned subsidiary of Rakuten Group.

The company split aims to create synergies, reduce administrative costs, and improve operational efficiency by realigning business affinities within the Rakuten ecosystem. The restructuring involves Rakuten STAY as the splitting company and Rakuten Group as the successor.

The financial impact of this company split on Rakuten Group's consolidated performance is expected to be minimal. The reorganization will see the Oyado business, Rakuten STAY Operations, and Yufuin Kutsuroginosato shares transferred, while Rakuten STAY will continue as a separate entity within the group.