Retail Trade

Rakuten Group, Inc.

Business Summary

Rakuten Group, Inc. engages in the business of Internet services. It operates through the following segments: Internet Services, FinTech, and Mobile. The Internet Services segment manages e-commerce (EC), online cash-back, travel booking, and portal and digital content sites. The FinTech segment provides services over the Internet related to banking and securities, credit cards, life insurance, and electronic money. The Mobile segment manages messaging and communication services and sale of mobile devices. The company was founded by Hiroshi Mikitani on February 7, 1997 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2022	JPY	USD
Revenue	1,927.87B	14,657.58M
Gross Profit	682,637M	5,190.06M
Operating income	-326,240M	-2,480.39M
Income before tax	-405,346M	-3,081.83M
Net income	-372,884M	-2,835.02M
EBITDA	-60,122M	-457.10M
Diluted EPS	-234.99	-1.78
Dividends Per Share	4.50	0.03
Total Assets	20,437.29B	154,892.54M
Total liabilities	19,566.20B	148,290.62M
Total equity	813,730M	6,167.19M
Operating cash flow	-257,947M	-1,961.16M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022
Revenue	1,101.48B	1,263.93B	1,455.53B	1,681.75B	1,927.87B
Gross Profit	620,450M	615,810M	562,567M	542,632M	682,637M
Operating income	73,727M	-2,970M	-124,092M	-284,662M	-326,240M
Income before tax	165,423M	-44,558M	-113,306M	-214,464M	-405,346M
Net income	142,282M	-31,888M	-114,199M	-133,828M	-372,884M
EBITDA	146,156M	103,400M	27,414M	-87,309M	-60,122M
Diluted EPS	104.38	-23.54	-84.00	-87.61	-234.99
Dividends Per Share	4.50	4.50	4.50	4.50	4.50
Total Assets	7,345.00B	9,165.69B	12,524.43B	16,831.22B	20,437.29B
Total liabilities	6,568.79B	8,428.49B	11,895.42B	15,713.93B	19,566.20B
Total equity	774,473M	735,672M	608,738M	1,093.71B	813,730M
Operating cash flow	145,615M	318,320M	1,041.39B	582,707M	-257,947M

	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022
Revenue	9,973.30M	11,594.55M	13,632.65M	15,306.34M	14,657.58M
Gross Profit	5,617.83M	5,649.07M	5,269.03M	4,938.70M	5,190.06M
Operating income	667.55M	-27.24M	-1,162.25M	-2,590.82M	-2,480.39M
Income before tax	1,497.81M	-408.74M	-1,061.23M	-1,951.92M	-3,081.83M
Net income	1,288.28M	-292.52M	-1,069.59M	-1,218.02M	-2,835.02M
EBITDA	1,323.36M	948.52M	256.76M	-794.63M	-457.10M
Diluted EPS	0.94	-0.21	-0.78	-0.79	-1.78
Dividends Per Share	0.04	0.04	0.04	0.04	0.03
Total Assets	66,946.19M	84,340.43M	121,307.93M	146,161.44M	154,892.54M
Total liabilities	59,871.44M	77,556.90M	115,215.49M	136,458.95M	148,290.62M
Total equity	7,058.95M	6,769.46M	5,896.05M	9,497.79M	6,167.19M
Operating cash flow	1,318.46M	2,920.07M	9,753.72M	5,303.44M	-1,961.16M

Valuation Measures

Dec 2022
PER	--
ROA	-2.00%
ROE	-39.09%
Operating margin	-16.92%
Profit margin	-19.34%

Key executives

Chairman, President & Chief Executive Officer: Hiroshi Mikitani
COO, Representative Director & EVP: Kentaro Hyakuno
Chief Financial Officer & Executive Vice President: Kenji Hirose
Chief Information & Information Security Officer: Yasufumi Hirai
Chief Technology Officer & Executive VP: Tareq Amin

Shareholders

MIKITANI HIROSHI (25.3%)
MIKITANI HARUKO (8.3%)
Japan Post Holdings Co., Ltd. (8.2%)
Baillie Gifford & Co. (2.4%)
Nomura Asset Management Co., Ltd. (2.3%)
The Vanguard Group, Inc. (1.3%)
Nikko Asset Management Co., Ltd. (1.1%)
Daiwa Asset Management Co. Ltd. (1.1%)
BlackRock Fund Advisors (0.9%)
FIL Investment Advisors (UK) Ltd. (0.9%)

Contact Details

Website:http://corp.rakuten.co.jp
Address: Rakuten Crimson House, 1-14-1 Tamagawa, Tokyo, 158-0094, Japan
Phone: +81.50.5581.6910

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Competitors

Alibaba Group Holding Limited
PLDT, Inc.
eBay Inc.
Redhorse Group Co. Ltd.
MFE-MediaForEurope NV Class B
Nokia Oyj
IDT Corporation Class B
Overstock.com, Inc.
Open Door, Inc.
Cuentas, Inc.
Peraso, Inc.
Spotify Technology SA
Y's table corporation

Last Updated on 17 Mar, 2023