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West Japan Railway rises on report of Resona partnership to enter banking services

Tue Apr 28, 2026 12:48 pm JST Catalyst

West Japan Railway Company <9021> shares rose in Tokyo trading. Broadcaster NHK reported around noon on April 28 that the railway operator is in final talks to form a capital and business alliance with Resona Holdings. Under the deal, JR West would acquire about 20% of Kansai Mirai Bank, a subsidiary of Resona Holdings, Inc. <8308>, to enter the banking services sector.

Following the report, JR West shares extended gains in afternoon trading, while Resona also trended higher.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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