NurPhoto/NurPhoto via Getty Images Operating the third biggest ecommerce marketplace in the world with 1.7b members, Rakuten Group (OTCPK:RKUNY) (TSE:4755) is a quiet giant. Practically everyone in Japan, the third most populous country in Asia Pacific with 128m people, is a Rakuten customer. And not just in ecommerce. Its fintech offerings are immensely popular; advertising and digital content also do well for themselves. The biggest reason for the Group's successful expansion has been its membership and l ...

Financial Data and Key Metrics Changes - For Q3 2023, consolidated revenue increased by 10.1% year-on-year, with significant growth in the Internet and FinTech segments [6][9] - Non-GAAP operating income is expected to achieve profitability by December 2023, with consolidated EBITDA showing improved profitability [4][8] - The Internet Service segment saw a revenue growth of 13.9% year-on-year, while non-GAAP operating income grew by 16.2% [9] Business Line Data and Key Metrics Changes - The FinTech segment reported a revenue increase of 13.6% year-on-year, with non-GAAP operating income growth of 35.8% [12][14] - Rakuten Mobile's revenue grew by 21.6%, with a significant improvement in non-GAAP operating income and EBITDA [28] - The domestic e-commerce (EC) sector grew by 15.7%, with advertising sales increasing by 15.3% [10] Market Data and Key Metrics Changes - Rakuten TV users increased by 42.1% year-on-year to 84.4 million, while Rakuten Kobo and Viber also saw growth [11] - The number of Rakuten Bank accounts reached 13.3 million, with a total deposit balance close to ¥10 trillion [16] - The cashless payment market in Japan is growing, with Rakuten Pay ranked number one in customer satisfaction [17][19] Company Strategy and Development Direction - The company aims to leverage its ecosystem to enhance customer engagement and increase revenue through mobile services [40] - A focus on integrating AI into operations, termed "AI-nization," is expected to improve service delivery and customer satisfaction [61][64] - The partnership with Mizuho Securities aims to enhance the FinTech structure and maximize synergies [57] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving profitability in the mobile segment and emphasized the importance of network quality improvements [28][78] - The company is optimistic about sustaining subscriber growth and reducing churn rates, which are currently at competitive levels [78] - Future growth is anticipated through enhanced customer engagement and the introduction of new services [90] Other Important Information - The company plans to redeem ¥68 billion in subordinated bonds by December 2023, indicating a proactive approach to managing debt [55][60] - The introduction of zero-commission trades for domestic stocks is expected to enhance customer loyalty and increase account numbers [21][24] Q&A Session Summary Question: What are the factors behind the acceleration in mobile subscriber growth? - Management identified three key factors: reduced churn rate due to improved network quality, the introduction of the SAIKYO plan, and increased B2B contracts [78][81] Question: How effective will the SPU initiative be for gaining more users? - The SPU initiative is expected to attract more users due to its competitive pricing and point rewards system, potentially increasing the subscriber base significantly [90] Question: What are the implications of the NTT law on internet connectivity in Japan? - Management highlighted the potential for improved internet connectivity through deregulation and leveraging existing infrastructure [95] Question: How does the company plan to manage bond redemptions and maintain cash flow? - The company is focused on improving cash flow through mobile business growth and strategic partnerships, ensuring that bond redemptions will not pose a problem [98]

FY2023 Second Quarter Consolidated Financial Results August 10, 2023 Rakuten Group, Inc. Topics | --- | --- | |-------|-------| | | | | 1 | | | 2 | | ◆ Mobile ◆ Internet Services ◆ FinTech 3 Financial Strategy 4 AI Strategy R 2 | --- | --- | --- | |-------------------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1. CEO Summary | | | | | | | | | | | | | | | | | | | | | | | | | | | | R | | 3 | Annual Revenue Growth for 26 Consecutive Years Since the Founding 1997 2005 201 ...

Rakuten Group, Inc. (OTCPK:RKUNY) Q1 2023 Earnings Conference Call May 12, 2023 2:15 AM ET Company Participants Hiroshi Mikitani - Chairman, President and Chief Executive Officer Tareq Amin - Group Executive Vice President Conference Call Participants Operator [Foreign Language] [Interpreted] Ladies and gentlemen, thank you very much for making yourselves available today. We now would like to start the Rakuten 2023 First Quarter Financial Results Meeting. We have disclosed the latest consolidated financial ...

FY2022 Fourth Quarter and Full Year Consolidated Financial Results CEO Group Strategy February 14, 2023 Rakuten Group, Inc. Topics 1 Summary 2 FY2022 Business Updates ◆ Internet Services ◆ Fintech ◆ Mobile (Strategies towards No. 1 Mobile Carrier in Japan) ◆ Rakuten Symphony | --- | --- | --- | --- | |-------|----------------------|-------|-------| | 3 | Financial Strategy | | | | 4 | ESG | | | | 5 | Financial Highlights | | | R 2 1 Summary R 3 FY2022 Domestic Key KPIs +12.3% JPY 5.6 tn Domestic EC GMS YoY ...

Rakuten Group, Inc. (OTCPK:RKUNY) Q4 2022 Earnings Conference Call February 14, 2023 1:15 AM ET Company Participants Hiroshi Mikitani - Chairman, President and Chief Executive Officer Tareq Amin - Executive Vice President Operator Good afternoon and thank you for joining Rakuten Group’s 2022 Full Year and Fourth Quarter Financial Results Meeting. We have disclosed the latest consolidated financial report at 3:00 p.m. today. You can view this data on our corporate website page for investors, along with the p ...

Rakuten Group, Inc. (OTCPK:RKUNY) Q3 2022 Earnings Conference Call November 10, 2022 1:15 AM ET Company Participants Hiroshi Mikitani - Chairman, President and Chief Executive Officer Tareq Amin - Chief Executive Officer, Rakuten Mobile and Rakuten Symphony Hiroshi Takasawa - Chief Financial Officer Conference Call Participants Yushi Kawamoto - Haitong International Japaninvest KK Nagao Yoshitaka - Bank of America Yusuke Okumura - Okasan Securities Hiroko Sato - Jefferies Securities David Gibson - MST Finan ...

FY2022 Third Quarter Consolidated Financial Results CEO Group Strategy November 11, 2022 Rakuten Group, Inc. Agenda | --- | |--------------------------------------| | Mobile/Rakuten Symphony Strategy | | Q3/22 Highlights | | Business Update | | ◆ Internet Services | | ◆ FinTech | | ◆ Overseas and Contents Businesses | | Financial Strategy | 2 1 Mobile / Rakuten Symphony Strategy 3 � | Mobile Rakuten ද 5 4 O IT ALL BEGAN WITH A VISION 5 Monthly Mobile Subscription Fees in Japan Before Rakuten Mobile Was Laun ...

Rakuten Group, Inc. (OTCPK:RKUNY) Q2 2022 Earnings Conference Call August 10, 2022 6:30 AM ET Company Participants Hiroshi Mikitani - Chairman, President and CEO Kazunori Takeda - Group EVP, President of Commerce Company Conference Call Participants Mitsunobu Tsuruo - Citigroup Yoshitaka Nagao - Nomura Securities Kazunori Takeda - Credit Suisse Operator Good afternoon ladies and gentleman and thank you for joining RakutenÂ's 2022 Second Quarter Financial Results Meeting. We have disclosed the latest consoli ...

FY2022 Second Quarter Consolidated Financial Results Appendix August 10, 2022 Rakuten Group, Inc. Consolidated Results R 2 Q2/22 Revenue and Operating Income*1 (JPY bn) | --- | --- | --- | --- | |-------------------------------|------------|----------|--------| | | *5 Q2/21 | *5 Q2/22 | YoY | | Core Business * 2 | | | | | Revenue | 347.2 | 378.5 | +9.0% | | Operating Income * 3 | 41.6 | 45.1 | +8.5% | | Non-recurring / Investments | | | | | Revenue | 35.6 | 35.6 | +0.1% | | Operating Income | 4.3 | 7.0 | +6 ...