Bank of The Ryukyus, Limited (TSE:8399) agreed to acquire RYUCOM Co., Ltd. from RCM Asset Management Co., Ltd. on August 26, 2022. For the year ended March 31, 2022, RYUCOM Co., Ltd. reported a Total Revenue of JPY 3 billion, Net Income was JPY 196 million, Total Assets were JPY 5 billion and Net Worth was JPY 2 billion as of March 31, 2022. As of October 28, 2022, the transaction is expected to close on December 1, 2022.

Bank of The Ryukyus, Limited (TSE:8399) completed the acquisition of RYUCOM Co., Ltd. from RCM Asset Management Co., Ltd. on December 1, 2022.