Consumer Services

Rakuten Group, Inc.

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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	JPY	USD
Revenue	1,681.75B	15,306.34M
Gross Profit	542,632M	4,938.70M
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 Share	4.50	0.04
Total Assets	16,831.22B	146,161.44M
Total liabilities	15,713.93B	136,458.95M
Total equity	1,093.71B	9,497.79M
Operating cash flow	582,707M	5,303.44M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 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 2017	Dec 2018	Dec 2019	Dec 2020	Dec 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

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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