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Consumer Services

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 2021 JPYUSD
Revenue1,681.75B15,306.34M
Gross Profit542,632M4,938.70M
Operating income-284,662M-2,590.82M
Income before tax-214,464M-1,951.92M
Net income-133,828M-1,218.02M
EBITDA-87,309M-794.63M
Diluted EPS-87.61-0.79
Dividends Per Share4.500.04
Total Assets16,831.22B146,161.44M
Total liabilities15,713.93B136,458.95M
Total equity1,093.71B9,497.79M
Operating cash flow582,707M5,303.44M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 944,474M 1,101.48B 1,263.93B 1,455.53B 1,681.75B
Gross Profit 570,695M 620,450M 615,810M 562,567M 542,632M
Operating income 106,924M 73,727M -2,970M -124,092M -284,662M
Income before tax 138,082M 165,423M -44,558M -113,306M -214,464M
Net income 110,585M 142,282M -31,888M -114,199M -133,828M
EBITDA 161,300M 146,156M 103,400M 27,414M -87,309M
Diluted EPS 79.28 104.38 -23.54 -84.00 -87.61
Dividends Per Share 4.50 4.50 4.50 4.50 4.50
Total Assets 6,184.29B 7,345.00B 9,165.69B 12,524.43B 16,831.22B
Total liabilities 5,500.89B 6,568.79B 8,428.49B 11,895.42B 15,713.93B
Total equity 683,181M 774,473M 735,672M 608,738M 1,093.71B
Operating cash flow 162,056M 145,615M 318,320M 1,041.39B 582,707M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 8,422.75M 9,973.30M 11,594.55M 13,632.65M 15,306.34M
Gross Profit 5,089.41M 5,617.83M 5,649.07M 5,269.03M 4,938.70M
Operating income 953.54M 667.55M -27.24M -1,162.25M -2,590.82M
Income before tax 1,231.40M 1,497.81M -408.74M -1,061.23M -1,951.92M
Net income 986.18M 1,288.28M -292.52M -1,069.59M -1,218.02M
EBITDA 1,438.46M 1,323.36M 948.52M 256.76M -794.63M
Diluted EPS 0.70 0.94 -0.21 -0.78 -0.79
Dividends Per Share 0.04 0.04 0.04 0.04 0.04
Total Assets 54,898.34M 66,946.19M 84,340.43M 121,307.93M 146,161.44M
Total liabilities 48,831.70M 59,871.44M 77,556.90M 115,215.49M 136,458.95M
Total equity 6,064.63M 7,058.95M 6,769.46M 5,896.05M 9,497.79M
Operating cash flow 1,445.20M 1,318.46M 2,920.07M 9,753.72M 5,303.44M

Valuation Measures

Dec 2021
PER--
ROA-0.91%
ROE-15.72%
Operating margin-16.92%
Profit margin-7.95%

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 Revenue Officer & Senior Director-Technology: Makoto Arima

Shareholders

  • MIKITANI HIROSHI (25.4%)
  • MIKITANI HARUKO (8.3%)
  • Japan Post Holdings Co. Ltd. (8.2%)
  • Tencent Holdings Ltd. (3.6%)
  • Nomura Asset Management Co., Ltd. (2.5%)
  • Baillie Gifford & Co. (1.9%)
  • The Vanguard Group, Inc. (1.3%)
  • Nikko Asset Management Co., Ltd. (1.1%)
  • Daiwa Asset Management Co. Ltd. (1.1%)
  • BlackRock Fund Advisors (1.0%)

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

  • Taiwan Rakuten Sports Entertainment, Inc.
  • Rakuten Tokyu Planning Co. Ltd.
  • Rakuten Medical Japan 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.
  • Taiwan Rakuten Card, Inc.
  • Rakuten China Development Center Co. Ltd.
  • Rakuten Brasil Internet Service Ltda.
  • ET Mobile (China) Co. Ltd.
  • Rakuten Malaysia Sdn. Bhd.
  • Rakuten Travel Singapore Pte Ltd.
  • Rakuten Travel Guam, Inc.

Competitors

  • PLDT, Inc.
  • eBay Inc.
  • Redhorse Group Co. Ltd.
  • MFE-MediaForEurope NV Class B
  • IDT Corporation Class B
  • Overstock.com, Inc.
  • Open Door, Inc.
  • Deutsche Telekom AG
Last Updated on 29 Jun, 2022

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