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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 JPYUSD
Revenue1,927.87B14,657.58M
Gross Profit609,926M4,637.24M
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 Share4.500.03
Total Assets20,437.29B154,892.54M
Total liabilities19,566.20B148,290.62M
Total equity813,730M6,167.19M
Operating cash flow-257,947M-1,961.16M
Currency in JPYCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 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 609,926M
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 2018Dec 2019Dec 2020Dec 2021Dec 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 4,637.24M
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 (18.8%)
  • MIKITANI HARUKO (6.2%)
  • Japan Post Holdings Co., Ltd. (6.1%)
  • Nomura Asset Management Co., Ltd. (1.7%)
  • MIKITANI KOSUKE (1.4%)
  • MIKITANI RINA (1.4%)
  • Baillie Gifford & Co. (1.2%)
  • The Vanguard Group, Inc. (1.0%)
  • Nikko Asset Management Co., Ltd. (0.8%)
  • CyberAgent, Inc. (0.8%)

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

Related Companies

  • Rakuten Stay, Inc.
  • Taiwan Rakuten Sports Entertainment, Inc.
  • Rakuten Tokyu Planning Co. Ltd.
  • Rakuten Medical KK
  • Rakuten Payment, Inc.
  • Shopvault
  • Aragorn Parent Corp.
  • Ebates Canada, Inc.
  • Rakuten SS Insurance Co. Ltd.
  • Rakuten Data Marketing, Inc.
  • Rakuten Mobile, Inc.
  • Rakuten Insurance Holdings, Inc.
  • LOB, Inc.
  • Rakuten India Enterprise Pvt Ltd.
  • Rakuten ANA Travel Online Co., Ltd.
  • Rakuten Communications Corp.
  • OaK Co. Ltd. (Osaka)
  • Rakuten Shogaku Tanki Hoken KK
  • Plus One Marketing Ltd. /Domestic MVNO Business/
  • Viber Media SARL
  • Rakuten LinkShare Corp.
  • Rakuten Securities Australia Pty Ltd.
  • Anser Insurance Co., Ltd.
  • Classe de Classe, Inc.
  • Robin Systems, Inc.
  • Taiwan Rakuten Card, Inc.
  • Rakuten China Development Center Co. Ltd.
  • Rakuten Brasil Internet Service Ltda.
  • ET Mobile (China) Co. Ltd.
  • Rakuten Malaysia Sdn. Bhd.

Competitors

  • Alibaba Group Holding Limited
  • PLDT, Inc.
  • eBay Inc.
  • 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 2 Jun, 2023

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