Rakuten Group KK

4755

Equity

ISIN JP3967200001 / Valor 1065454

Tokyo Stock Exchange (2024-12-25)

JPY 869.50-2.50%

Rakuten Group KK
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About company

Rakuten Group KK, a diversified conglomerate based in Japan, operates across a wide spectrum of industries, integrating over 70 businesses that encompass e-commerce, travel, digital content, and a comprehensive suite of financial services including credit cards, banking, securities, insurance, and electronic money and smartphone app payments. Additionally, the company has made significant strides in communications, notably through its mobile carrier service, and has a presence in professional sports. A hallmark of Rakuten's business model is its innovative ecosystem, which is unified by a common membership and loyalty program, allowing users to earn and spend Rakuten Points across various services. This ecosystem strategy not only fosters customer loyalty but also drives the company's growth by reducing customer acquisition costs and enhancing the lifetime value of each member. Rakuten distinguishes itself through an open corporate culture that promotes the exchange of ideas among its diverse, global workforce, which hails from over 100 countries. The company has also embraced English as its official internal language to facilitate communication across its global operations. Further bolstering its competitive edge, Rakuten invests in cutting-edge technology through the Rakuten Institute of Technology, focusing on artificial intelligence (AI) to enhance data analysis and application across its businesses. This strategic emphasis on technology, coupled with its unique business ecosystem, positions Rakuten as a formidable player in both the Japanese and global markets.

Summarized from source with an LLMView SourceSector: Consumer Services

Revenue Growth

For the nine months ended September 30, 2024, Rakuten Group KK reported consolidated revenue of 1,617,621 million yen, marking an 8.5% increase compared to the same period in 2023. This growth reflects the company's efforts to expand its service offerings and enhance customer engagement across its various business segments.

Operating Income

Rakuten Group KK's operating income for the nine months ended September 30, 2024, was a loss of 51,066 million yen. This represents an improvement from the previous year's loss of 179,578 million yen, indicating progress in the company's operational efficiency and cost management strategies.

Net Income

The net income attributable to owners of Rakuten Group KK for the nine months ended September 30, 2024, was a loss of 150,358 million yen. This is a significant reduction in losses compared to the 208,447 million yen loss reported in the same period of 2023, highlighting the company's ongoing efforts to improve its financial performance.

EBITDA Performance

Rakuten Group KK reported an EBITDA of 211,741 million yen for the nine months ended September 30, 2024, representing a substantial increase of 191.2% from the previous year's 72,718 million yen. This growth underscores the company's ability to generate cash flow from its business activities, despite the challenging economic environment.

Dividend Status

For the fiscal year 2024, Rakuten Group KK has not declared any dividends for the first three quarters. The company has not yet decided on the dividend per share for the fiscal year ending December 31, 2024, maintaining its focus on strengthening its financial position and supporting future growth initiatives.

Summarized from source with an LLMView Source

Key figures

52.7%1Y

-23.4%3Y

-8.18%5Y

Performance

46.7%1Y

39.5%3Y

40.3%5Y

Volatility