Resona Holdings

As of 2022, Resona Holdings is Japan's sixth-largest banking group. Its main office is located in Tokyo's Koto neighborhood of Kiba. The group's two primary operational companies are Saitama Resona Bank, a smaller bank with headquarters in Saitama City that largely serves Saitama Prefecture, and Resona Bank, a national business and retail bank with headquarters in Osaka. The majority of these banks' operations are a direct result of the 2003 merger of Daiwa Bank and Asahi Bank.

In order to act as the parent company for Daiwa, Kinki Osaka Bank, and Nara Bank, Daiwa established a bank holding company, Daiwa Bank Holdings, in December 2001. Later that month, Daiwa stated that it would purchase Asahi Bank through a share exchange, creating the fifth-largest banking company in the country.

Later that month, Daiwa made the announcement that it would acquire Asahi Bank through a share exchange, creating the fifth-largest banking group in Japan. On October 1, 2002, Resona Holdings, Inc. became the new name of the business.

On March 1, 2003, Daiwa and Asahi's businesses were integrated, and Resona Bank was created by combining the majority of their assets. 100 Asahi Bank locations in Saitama and three locations in Tokyo were transferred to Saitama Resona Bank, a different organization.

Resona Holdings' market cap as of March 2023 is $10.99 billion. Resona Holdings is now the 1356th most valuable company in the world, according to market valuation. The most recent financial reports from Resona Holdings indicate that the company's current revenue (TTM) is $5.71 billion. The company's revenue in 2021 was $6.69 billion, down from $7.00 billion in 2020.

Founded: 1918
Headquarters: Tokyo Head Office. Fukagawa Gatharia W2 Bldg., 5-65, Kiba 1-Chome, Koto-ku, Tokyo
Website: www.resona-gr.co.jp