Rakuten Group（RAK）株式概要楽天グループ株式会社は、eコマース、フィンテック、デジタルコンテンツ、コミュニケーションなどのサービスを国内外の様々なユーザーに提供している。 詳細RAK ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長3/6過去の実績0/6財務の健全性3/6配当金0/6報酬当社が推定した公正価値より84.1%で取引されている 収益は年間62.66%増加すると予測されています リスク分析リスクチェックの結果、RAK 、リスクは検出されなかった。すべてのリスクチェックを見るRAK Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€4.2122.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-364b3t2016201920222025202620282031Revenue JP¥3.4tEarnings JP¥207.8bAdvancedSet Fair ValueView all narrativesRakuten Group, Inc. 競合他社LUDWIG BECK am Rathauseck - Textilhaus FeldmeierSymbol: XTRA:ECKMarket cap: €64.3mZalandoSymbol: XTRA:ZALMarket cap: €5.1bAUTO1 GroupSymbol: XTRA:AG1Market cap: €4.8bFielmann GroupSymbol: XTRA:FIEMarket cap: €3.7b価格と性能株価の高値、安値、推移の概要Rakuten Group過去の株価現在の株価JP¥4.2152週高値JP¥5.8552週安値JP¥3.89ベータ0.881ヶ月の変化0.17%3ヶ月変化-7.08%1年変化-14.56%3年間の変化8.56%5年間の変化-56.28%IPOからの変化-37.66%最新ニュースお知らせ • May 14Rakuten Group, Inc. to Report Q2, 2026 Results on Aug 10, 2026Rakuten Group, Inc. announced that they will report Q2, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 10, 2026お知らせ • Feb 26+ 1 more updateRakuten Group, Inc. Announces Retirement of Kenji Hirose as Group CFO, Effective March 27, 2026Rakuten Group, Inc. announced that Kenji Hirose is scheduled to retire as Group CFO on March 27, 2026, and will assume the position of Executive Fellow. Kenji Hirose is Director, Group Executive Vice President, and Group CFO of the company.お知らせ • Feb 12+ 2 more updatesRakuten Group, Inc., Annual General Meeting, Mar 27, 2026Rakuten Group, Inc., Annual General Meeting, Mar 27, 2026.お知らせ • Nov 15Rakuten Group, Inc. to Report Fiscal Year 2025 Results on Feb 12, 2026Rakuten Group, Inc. announced that they will report fiscal year 2025 results on Feb 12, 2026お知らせ • Oct 03Rakuten Group, Inc. Expects Impairment Loss for the Third Quarter of the Fiscal Year Ending December 31, 2025Rakuten Group, Inc. expected impairment loss for the third quarter of the fiscal year ending December 31, 2025. The Company expects to record an impairment loss of approximately JPY 27 billion in its consolidated financial results (IFRS) for the third quarter of the fiscal year ending December 31, 2025.お知らせ • Aug 09Rakuten Group, Inc. to Report Q3, 2025 Results on Nov 13, 2025Rakuten Group, Inc. announced that they will report Q3, 2025 results on Nov 13, 2025最新情報をもっと見るRecent updatesお知らせ • May 14Rakuten Group, Inc. to Report Q2, 2026 Results on Aug 10, 2026Rakuten Group, Inc. announced that they will report Q2, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 10, 2026お知らせ • Feb 26+ 1 more updateRakuten Group, Inc. Announces Retirement of Kenji Hirose as Group CFO, Effective March 27, 2026Rakuten Group, Inc. announced that Kenji Hirose is scheduled to retire as Group CFO on March 27, 2026, and will assume the position of Executive Fellow. Kenji Hirose is Director, Group Executive Vice President, and Group CFO of the company.お知らせ • Feb 12+ 2 more updatesRakuten Group, Inc., Annual General Meeting, Mar 27, 2026Rakuten Group, Inc., Annual General Meeting, Mar 27, 2026.お知らせ • Nov 15Rakuten Group, Inc. to Report Fiscal Year 2025 Results on Feb 12, 2026Rakuten Group, Inc. announced that they will report fiscal year 2025 results on Feb 12, 2026お知らせ • Oct 03Rakuten Group, Inc. Expects Impairment Loss for the Third Quarter of the Fiscal Year Ending December 31, 2025Rakuten Group, Inc. expected impairment loss for the third quarter of the fiscal year ending December 31, 2025. The Company expects to record an impairment loss of approximately JPY 27 billion in its consolidated financial results (IFRS) for the third quarter of the fiscal year ending December 31, 2025.お知らせ • Aug 09Rakuten Group, Inc. to Report Q3, 2025 Results on Nov 13, 2025Rakuten Group, Inc. announced that they will report Q3, 2025 results on Nov 13, 2025お知らせ • May 29Rakuten Advertising Launches Industry-First Solutions for Greater Affiliate Transparency and Creator GrowthRakuten Advertising revealed several new solutions helping advertisers and publishers navigate affiliate marketing industry challenges and demands. Announced at Rakuten Optimism 2025, these new solutions provide publishers with enhanced data transparency, help advertisers remain brand-safe and compliant, and bridge the gap between creator and affiliate marketing. These new solutions include: Affiliate Conversion Journey - Transparency API: This enhanced version of Affiliate Conversion Journey, Rakuten Advertising's contribution insights solution for publishers, adds a new transparency API that provides publishers with next-day visibility into their role in a customer's purchase journey - right down to the order. The Rakuten Advertising Detect monitoring suite is an always-on solution for affiliate program safety and compliance, providing advertisers with: Fraud detection - Powered by Rakuten Advertising's own data science technology and partnerships with Marcode, Ad Police and Search Monitor, programs are actively monitored for cases of ad hijacking and keyword bidding. Anomaly Detection - Advertisers will be automatically alerted to deviations from normal affiliate performance patterns, supporting the detection and remediation of potential fraud and other suspicious program activity. Program Monitoring - Financial product monitoring, content tracking, competitive rankings and cashback logging capabilities all provide advertisers with valuable insights into program and competitor performance. Storefronts: The Storefronts influencer marketing solution helps advertisers collaborate seamlessly with hand-selected creators to craft and promote brand-exclusive shoppable experiences. With easy-to-use linking tools, creators can use Storefronts to curate and promote shoppable product recommendations with link-in-bio access that provide advertisers with access to a creator's engaged and loyal audience. Advertisers can easily scale new and existing creator marketing investments, ensure creator programs align with specific business objectives, and foster loyalty and long-term partnerships with creators and their audiences. Storefronts also simplifies launching and scaling influencer marketing programs on the Rakuten Advertising network by bringing together creator reporting, shopping behavior data, and in-house experts and strategists. Insights and Analytics Prompt is a new AI-driven tool built for generating custom reports for publishers and advertisers in real time, unlocking new efficiencies and enhancing operations. Fueled by generative AI, prompt will help advertisers and publishers understand program drivers and will enable nimble decision making for global businesses throughad-hoc reports. Additionally, custom reports can be visualized in easy-to-read charts for quick review and download.お知らせ • May 14Rakuten Group, Inc. to Report Q2, 2025 Results on Aug 08, 2025Rakuten Group, Inc. announced that they will report Q2, 2025 results on Aug 08, 2025お知らせ • Feb 14+ 1 more updateRakuten Group, Inc., Annual General Meeting, Mar 28, 2025Rakuten Group, Inc., Annual General Meeting, Mar 28, 2025.Board Change • Dec 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Outside Independent Director Takaharu Ando was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 13Rakuten Group, Inc. Announces Retirement of Masayuki Hosaka as Regarding Change of Representative DirectorsRakuten Group, Inc. announced retirement of Masayuki Hosaka as Representative Director and Vice Chairman. He will be retiring also from a position of President & Representative Director of Rakuten Card Co. Ltd. and become Special Senior Adviser on March 25, 2025. Scheduled retirement date: At the conclusion of the 28th Annual General Meeting of Shareholders scheduled to be held in late March 2025.お知らせ • Dec 03Mizuho Financial Group, Inc. (TSE:8411) completed the acquisition of 14.99% stake in Rakuten Card Co.,Ltd. from Rakuten Group, Inc. (TSE:4755).Mizuho Financial Group, Inc. (TSE:8411) agreed to acquire 14.99% stake in Rakuten Card Co.,Ltd. from Rakuten Group, Inc. (TSE:4755) for approximately ¥170 billion on November 13, 2024. Under this Agreement, the Company will transfer 14.99% of Rakuten Card's common stock to Mizuho FG. The transfer amount is expected to be ¥164,997 million. Even after the Share Transfer, Rakuten Card will remain a subsidiary of Rakuten Group, and will continue to be an important consolidated subsidiary embedded in the Rakuten Ecosystem. Rakuten Card has reported Total equity attributable to owners of the parent company of ¥147.230 billion, Total assets of ¥4,190,330 million, Revenue of ¥406,350 million, Operating income of ¥69,560 million, and Net income attributable to owners of the parent company of ¥48,484 million. The expected completion of the transaction is December 1, 2024. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Rakuten Group, Inc. Nishimura & Asahi acted as legal advisor to Rakuten Group, Inc. Mizuho Financial Group, Inc. (TSE:8411) completed the acquisition of 14.99% stake in Rakuten Card Co.,Ltd. from Rakuten Group, Inc. (TSE:4755) on December 1, 2024.お知らせ • Nov 15Mizuho Financial Group, Inc. (TSE:8411) agreed to acquire 14.99% stake in Rakuten Card Co.,Ltd. from Rakuten Group, Inc. (TSE:4755) for approximately ¥170 billion.Mizuho Financial Group, Inc. (TSE:8411) agreed to acquire 14.99% stake in Rakuten Card Co.,Ltd. from Rakuten Group, Inc. (TSE:4755) for approximately ¥170 billion on November 13, 2024. Under this Agreement, the Company will transfer 14.99% of Rakuten Card's common stock to Mizuho FG. The transfer amount is expected to be ¥164,997 million. Even after the Share Transfer, Rakuten Card will remain a subsidiary of Rakuten Group, and will continue to be an important consolidated subsidiary embedded in the Rakuten Ecosystem. Rakuten Card has reported Total equity attributable to owners of the parent company of ¥147.230 billion, Total assets of ¥4,190,330 million, Revenue of ¥406,350 million, Operating income of ¥69,560 million, and Net income attributable to owners of the parent company of ¥48,484 million. The expected completion of the transaction is December 1, 2024. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Rakuten Group, Inc.Reported Earnings • Nov 15Third quarter 2024 earnings released: JP¥34.60 loss per share (vs JP¥32.00 loss in 3Q 2023)Third quarter 2024 results: JP¥34.60 loss per share (further deteriorated from JP¥32.00 loss in 3Q 2023). Revenue: JP¥566.7b (up 9.3% from 3Q 2023). Net loss: JP¥74.4b (loss widened 8.7% from 3Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 13Rakuten Group, Inc. to Report Q4, 2024 Results on Feb 13, 2025Rakuten Group, Inc. announced that they will report Q4, 2024 results on Feb 13, 2025Reported Earnings • Aug 12Second quarter 2024 earnings released: JP¥15.63 loss per share (vs JP¥32.27 loss in 2Q 2023)Second quarter 2024 results: JP¥15.63 loss per share (improved from JP¥32.27 loss in 2Q 2023). Revenue: JP¥537.3b (up 8.1% from 2Q 2023). Net loss: JP¥33.6b (loss narrowed 42% from 2Q 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 20% per year.お知らせ • Aug 09Rakuten Group, Inc. to Report Q3, 2024 Results on Nov 13, 2024Rakuten Group, Inc. announced that they will report Q3, 2024 results on Nov 13, 2024New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • May 16First quarter 2024 earnings released: JP¥19.78 loss per share (vs JP¥51.89 loss in 1Q 2023)First quarter 2024 results: JP¥19.78 loss per share (improved from JP¥51.89 loss in 1Q 2023). Revenue: JP¥513.6b (up 8.0% from 1Q 2023). Net loss: JP¥42.4b (loss narrowed 49% from 1Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 21% per year.お知らせ • May 16Rakuten Group, Inc. to Report Q2, 2024 Results on Aug 09, 2024Rakuten Group, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024お知らせ • Apr 02Port Inc. (TSE:7047) completed the acquisition of Employment information community site business of Rakuten Group.Port Inc. (TSE:7047) agreed to acquire Employment information community site business of Rakuten Group for ¥2.2 billion on January 31, 2024. Transaction is expected to complete on April 1, 2024.Port Inc. (TSE:7047) completed the acquisition of Employment information community site business of Rakuten Group on April 1, 2024. Employment information community site business of Rakuten Group has been established as Minshu Co., Ltd.New Risk • Feb 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (35% increase in shares outstanding).お知らせ • Feb 15Rakuten Group, Inc. to Report Q1, 2024 Results on May 14, 2024Rakuten Group, Inc. announced that they will report Q1, 2024 results on May 14, 2024Reported Earnings • Feb 15Full year 2023 earnings released: JP¥177 loss per share (vs JP¥235 loss in FY 2022)Full year 2023 results: JP¥177 loss per share (improved from JP¥235 loss in FY 2022). Revenue: JP¥2.07t (up 7.4% from FY 2022). Net loss: JP¥339.5b (loss narrowed 9.0% from FY 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.お知らせ • Feb 14+ 1 more updateRakuten Group, Inc. Resolves Not to Pay Dividend for Fiscal Year 2023At the Board of Directors meeting held on February 14, 2024, Rakuten Group, Inc. resolved not to pay dividends of surplus with a record date of December 31, 2023, as detailed below. Reasons: Regarding shareholder returns, the Company has endeavored to pay stable and continuous dividends while taking into account investment for medium- to long-term growth and sufficient internal reserves to stabilize financial base. Considering the current financial situation of the Company, and with the aim of ensuring its financial soundness, The company is currently actively promoting various types of capital procurement without relying solely on interest-bearing debt. It has secured funds for investment in growth businesses without relying on financial institutions, and have also worked to reduce the balance of interest-bearing debt. Therefore, for the current fiscal year, it believes that controlling the outflow of funds through dividends will lead to stabilizing financial base and ultimately improve shareholder value, so the company decided not to pay dividends. Basic dividend policy is to pay dividends in a stable and continuous manner, taking into account investment for medium- to long-term growth and the enhancement of internal reserves to stabilize financial base. There are no changes to this policy. The timing of resuming dividends after the fiscal year ending December 2024 has not been determined at this time, but will strive to resume dividends in a timely and appropriate manner as move toward achieving consolidated profitability as early as possible, and reducing interest-bearing debt. Dividend per share JPY 4.50 (Fiscal 2022).Upcoming Dividend • Dec 21Upcoming dividend of JP¥4.50 per share at 0.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 13 March 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.2%).Reported Earnings • Nov 11Third quarter 2023 earnings released: JP¥32.00 loss per share (vs JP¥51.30 loss in 3Q 2022)Third quarter 2023 results: JP¥32.00 loss per share (improved from JP¥51.30 loss in 3Q 2022). Revenue: JP¥518.4b (up 10.0% from 3Q 2022). Net loss: JP¥68.5b (loss narrowed 16% from 3Q 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.お知らせ • Nov 09Rakuten Group, Inc. to Report Q4, 2023 Results on Feb 14, 2024Rakuten Group, Inc. announced that they will report Q4, 2023 results on Feb 14, 2024お知らせ • Aug 11+ 1 more updateRakuten Group, Inc. to Report Q3, 2023 Results on Nov 09, 2023Rakuten Group, Inc. announced that they will report Q3, 2023 results on Nov 09, 2023Reported Earnings • Aug 11Second quarter 2023 earnings released: JP¥32.27 loss per share (vs JP¥53.72 loss in 2Q 2022)Second quarter 2023 results: JP¥32.27 loss per share (improved from JP¥53.72 loss in 2Q 2022). Revenue: JP¥497.2b (up 8.9% from 2Q 2022). Net loss: JP¥57.4b (loss narrowed 33% from 2Q 2022). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.お知らせ • Jun 02Rakuten Group, Inc. has completed a Follow-on Equity Offering in the amount of ¥230.387696 billion.Rakuten Group, Inc. has completed a Follow-on Equity Offering in the amount of ¥230.387696 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 198,943,300 Price\Range: ¥566 Discount Per Security: ¥23.36 Security Name: Common Stock Security Type: Common Stock Securities Offered: 208,102,100 Price\Range: ¥566 Discount Per Security: ¥23.36 Transaction Features: Rule 144A; Subsequent Direct ListingReported Earnings • May 17First quarter 2023 earnings released: JP¥51.89 loss per share (vs JP¥57.76 loss in 1Q 2022)First quarter 2023 results: JP¥51.89 loss per share (improved from JP¥57.76 loss in 1Q 2022). Revenue: JP¥475.6b (up 8.8% from 1Q 2022). Net loss: JP¥82.6b (loss narrowed 9.7% from 1Q 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.お知らせ • May 13+ 1 more updateRakuten Group, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023Rakuten Group, Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the estimate of consolidated operating results for fiscal year 2023, double-digit growth on consolidated operating results for the fiscal year 2022 is estimated for fiscal year 2023 consolidated revenue, excluding the securities business whose results are heavily impacted by stock market conditions.Board Change • Apr 14High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Outside Independent Director Takaharu Ando was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Apr 05Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Outside Independent Director Sarah Jane Mackay Whitley was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 16Full year 2022 earnings released: JP¥235 loss per share (vs JP¥87.62 loss in FY 2021)Full year 2022 results: JP¥235 loss per share (further deteriorated from JP¥87.62 loss in FY 2021). Revenue: JP¥1.93t (up 15% from FY 2021). Net loss: JP¥372.9b (loss widened 179% from FY 2021). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.お知らせ • Feb 14+ 1 more updateRakuten Group, Inc. Provides Consolidated Earnings Guidance for the Yar Ending December 31, 2023Rakuten Group, Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the group aims at double-digit growth on the fiscal year ended December 31, 2022 for consolidated revenue, excluding results from the securities business which are impacted substantially by the share market. However, there is a possibility that some businesses may experience a decrease in revenue due to the impact of COVID-19.Upcoming Dividend • Dec 22Upcoming dividend of JP¥4.50 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 14 March 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (0.4%).Reported Earnings • Nov 16Third quarter 2022 earnings released: JP¥51.29 loss per share (vs JP¥16.98 loss in 3Q 2021)Third quarter 2022 results: JP¥51.29 loss per share (further deteriorated from JP¥16.98 loss in 3Q 2021). Revenue: JP¥471.1b (up 16% from 3Q 2021). Net loss: JP¥81.5b (loss widened 204% from 3Q 2021). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.お知らせ • Nov 13Rakuten Group, Inc. to Report Q4, 2022 Results on Feb 14, 2023Rakuten Group, Inc. announced that they will report Q4, 2022 results on Feb 14, 2023Reported Earnings • Aug 12Second quarter 2022 earnings released: JP¥53.72 loss per share (vs JP¥25.55 loss in 2Q 2021)Second quarter 2022 results: JP¥53.72 loss per share (down from JP¥25.55 loss in 2Q 2021). Revenue: JP¥456.5b (up 14% from 2Q 2021). Net loss: JP¥85.2b (loss widened 112% from 2Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 32% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Reported Earnings • May 15First quarter 2022 earnings released: JP¥57.76 loss per share (vs JP¥18.37 loss in 1Q 2021)First quarter 2022 results: JP¥57.76 loss per share (down from JP¥18.37 loss in 1Q 2021). Revenue: JP¥437.1b (up 12% from 1Q 2021). Net loss: JP¥91.4b (loss widened 264% from 1Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 29% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Breakeven Date Change • Mar 11Forecast breakeven date pushed back to 2024The 16 analysts covering Rakuten Group previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 77% per year to 2023. The company is expected to make a profit of JP¥60.9b in 2024. Average annual earnings growth of 68% is required to achieve expected profit on schedule.Reported Earnings • Feb 16Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: JP¥87.62 loss per share (down from JP¥84.00 loss in FY 2020). Revenue: JP¥1.68t (up 16% from FY 2020). Net loss: JP¥133.8b (loss widened 17% from FY 2020). Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 15%, compared to a 45% growth forecast for the retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 13Third quarter 2021 earnings released: JP¥16.98 loss per share (vs JP¥32.50 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥406.9b (up 13% from 3Q 2020). Net loss: JP¥26.8b (loss narrowed 39% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 12Second quarter 2021 earnings released: JP¥25.55 loss per share (vs JP¥5.77 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: JP¥402.2b (up 16% from 2Q 2020). Net loss: JP¥40.3b (down JP¥48.1b from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance.Reported Earnings • May 15First quarter 2021 earnings released: JP¥18.37 loss per share (vs JP¥26.03 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: JP¥391.5b (up 18% from 1Q 2020). Net loss: JP¥25.1b (loss narrowed 29% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 05Full year 2020 earnings released: JP¥84.00 loss per share (vs JP¥23.55 loss in FY 2019)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: JP¥1.46t (up 15% from FY 2019). Net loss: JP¥114.2b (loss widened 258% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Mar 13New 90-day high: €9.38The company is up 16% from its price of €8.06 on 11 December 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.39 per share.Reported Earnings • Feb 14Full year 2020 earnings released: JP¥84.00 loss per share (vs JP¥23.55 loss in FY 2019)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: JP¥1.46t (up 15% from FY 2019). Net loss: JP¥114.2b (loss widened 258% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 14Revenue misses expectationsRevenue missed analyst estimates by 0.01%. Over the next year, revenue is forecast to grow 9.7%, compared to a 55% growth forecast for the Online Retail industry in Germany.Is New 90 Day High Low • Jan 21New 90-day low: €7.52The company is down 12% from its price of €8.55 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.32 per share.Is New 90 Day High Low • Dec 28New 90-day low: €7.70The company is down 15% from its price of €9.05 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.45 per share.Is New 90 Day High Low • Dec 08New 90-day low: €7.84The company is down 4.0% from its price of €8.13 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.28 per share.Analyst Estimate Surprise Post Earnings • Nov 13Revenue misses expectationsRevenue missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 14%, compared to a 47% growth forecast for the Online Retail industry in Germany.Reported Earnings • Nov 13Third quarter 2020 earnings released: JP¥32.33 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: JP¥361.4b (up 13% from 3Q 2019). Net loss: JP¥44.0b (loss narrowed 62% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 74% per year but the company’s share price has remained flat, which means it is well ahead of earnings.株主還元RAKDE Multiline RetailDE 市場7D2.0%1.6%3.2%1Y-14.6%-8.4%2.5%株主還元を見る業界別リターン: RAK過去 1 年間で-8.4 % の収益を上げたGerman Multiline Retail業界を下回りました。リターン対市場: RAKは、過去 1 年間で2.5 % のリターンを上げたGerman市場を下回りました。価格変動Is RAK's price volatile compared to industry and market?RAK volatilityRAK Average Weekly Movement5.8%Multiline Retail Industry Average Movement5.4%Market Average Movement6.1%10% most volatile stocks in DE Market13.6%10% least volatile stocks in DE Market2.7%安定した株価: RAK 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: RAKの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト199729,419Mickey Mikitaniglobal.rakuten.com/corp楽天グループは、eコマース、フィンテック、デジタルコンテンツ、コミュニケーションなどのサービスを国内外の様々なユーザーに提供している。同社は3つのセグメントを通じて事業を展開している：インターネットサービス、フィンテック、モバイル。同社は、インターネットショッピングモール「楽天市場」、オンラインキャッシュバックサイト、旅行予約サイト、ポータルサイト、デジタルコンテンツサイトなどのEコマースサイトを運営するほか、メッセージングサービスも提供している。また、クレジットカード関連サービス、インターネットを通じた銀行・証券サービス、暗号資産（仮想通貨）の仲介、生命保険サービス、損害保険サービス、電子マネーサービスなどの提供、広告販売、プロスポーツチームの運営なども行っている。また、通信サービス、通信技術の提供、電力供給サービスの運営も行っている。同社は以前は楽天株式会社として知られていたが、2021年4月に楽天グループ株式会社に社名を変更した。楽天グループは1997年に設立され、世田谷区に本社を置いている。もっと見るRakuten Group, Inc. 基礎のまとめRakuten Group の収益と売上を時価総額と比較するとどうか。RAK 基礎統計学時価総額€9.20b収益（TTM）-€666.18m売上高(TTM)€13.95b0.7xP/Sレシオ-13.8xPER（株価収益率RAK は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計RAK 損益計算書（TTM）収益JP¥2.58t売上原価JP¥2.09t売上総利益JP¥487.97bその他の費用JP¥611.03b収益-JP¥123.06b直近の収益報告Mar 31, 2026次回決算日Aug 10, 2026一株当たり利益（EPS）-56.61グロス・マージン18.93%純利益率-4.77%有利子負債／自己資本比率442.9%RAK の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 16:27終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Rakuten Group, Inc. 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。30 アナリスト機関Keiichi YoneshimaBarclaysYoshitaka NagaoBofA Global ResearchKeiichi YoneshimaCitigroup Inc27 その他のアナリストを表示
お知らせ • May 14Rakuten Group, Inc. to Report Q2, 2026 Results on Aug 10, 2026Rakuten Group, Inc. announced that they will report Q2, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 10, 2026
お知らせ • Feb 26+ 1 more updateRakuten Group, Inc. Announces Retirement of Kenji Hirose as Group CFO, Effective March 27, 2026Rakuten Group, Inc. announced that Kenji Hirose is scheduled to retire as Group CFO on March 27, 2026, and will assume the position of Executive Fellow. Kenji Hirose is Director, Group Executive Vice President, and Group CFO of the company.
お知らせ • Feb 12+ 2 more updatesRakuten Group, Inc., Annual General Meeting, Mar 27, 2026Rakuten Group, Inc., Annual General Meeting, Mar 27, 2026.
お知らせ • Nov 15Rakuten Group, Inc. to Report Fiscal Year 2025 Results on Feb 12, 2026Rakuten Group, Inc. announced that they will report fiscal year 2025 results on Feb 12, 2026
お知らせ • Oct 03Rakuten Group, Inc. Expects Impairment Loss for the Third Quarter of the Fiscal Year Ending December 31, 2025Rakuten Group, Inc. expected impairment loss for the third quarter of the fiscal year ending December 31, 2025. The Company expects to record an impairment loss of approximately JPY 27 billion in its consolidated financial results (IFRS) for the third quarter of the fiscal year ending December 31, 2025.
お知らせ • Aug 09Rakuten Group, Inc. to Report Q3, 2025 Results on Nov 13, 2025Rakuten Group, Inc. announced that they will report Q3, 2025 results on Nov 13, 2025
お知らせ • May 14Rakuten Group, Inc. to Report Q2, 2026 Results on Aug 10, 2026Rakuten Group, Inc. announced that they will report Q2, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 10, 2026
お知らせ • Feb 26+ 1 more updateRakuten Group, Inc. Announces Retirement of Kenji Hirose as Group CFO, Effective March 27, 2026Rakuten Group, Inc. announced that Kenji Hirose is scheduled to retire as Group CFO on March 27, 2026, and will assume the position of Executive Fellow. Kenji Hirose is Director, Group Executive Vice President, and Group CFO of the company.
お知らせ • Feb 12+ 2 more updatesRakuten Group, Inc., Annual General Meeting, Mar 27, 2026Rakuten Group, Inc., Annual General Meeting, Mar 27, 2026.
お知らせ • Nov 15Rakuten Group, Inc. to Report Fiscal Year 2025 Results on Feb 12, 2026Rakuten Group, Inc. announced that they will report fiscal year 2025 results on Feb 12, 2026
お知らせ • Oct 03Rakuten Group, Inc. Expects Impairment Loss for the Third Quarter of the Fiscal Year Ending December 31, 2025Rakuten Group, Inc. expected impairment loss for the third quarter of the fiscal year ending December 31, 2025. The Company expects to record an impairment loss of approximately JPY 27 billion in its consolidated financial results (IFRS) for the third quarter of the fiscal year ending December 31, 2025.
お知らせ • Aug 09Rakuten Group, Inc. to Report Q3, 2025 Results on Nov 13, 2025Rakuten Group, Inc. announced that they will report Q3, 2025 results on Nov 13, 2025
お知らせ • May 29Rakuten Advertising Launches Industry-First Solutions for Greater Affiliate Transparency and Creator GrowthRakuten Advertising revealed several new solutions helping advertisers and publishers navigate affiliate marketing industry challenges and demands. Announced at Rakuten Optimism 2025, these new solutions provide publishers with enhanced data transparency, help advertisers remain brand-safe and compliant, and bridge the gap between creator and affiliate marketing. These new solutions include: Affiliate Conversion Journey - Transparency API: This enhanced version of Affiliate Conversion Journey, Rakuten Advertising's contribution insights solution for publishers, adds a new transparency API that provides publishers with next-day visibility into their role in a customer's purchase journey - right down to the order. The Rakuten Advertising Detect monitoring suite is an always-on solution for affiliate program safety and compliance, providing advertisers with: Fraud detection - Powered by Rakuten Advertising's own data science technology and partnerships with Marcode, Ad Police and Search Monitor, programs are actively monitored for cases of ad hijacking and keyword bidding. Anomaly Detection - Advertisers will be automatically alerted to deviations from normal affiliate performance patterns, supporting the detection and remediation of potential fraud and other suspicious program activity. Program Monitoring - Financial product monitoring, content tracking, competitive rankings and cashback logging capabilities all provide advertisers with valuable insights into program and competitor performance. Storefronts: The Storefronts influencer marketing solution helps advertisers collaborate seamlessly with hand-selected creators to craft and promote brand-exclusive shoppable experiences. With easy-to-use linking tools, creators can use Storefronts to curate and promote shoppable product recommendations with link-in-bio access that provide advertisers with access to a creator's engaged and loyal audience. Advertisers can easily scale new and existing creator marketing investments, ensure creator programs align with specific business objectives, and foster loyalty and long-term partnerships with creators and their audiences. Storefronts also simplifies launching and scaling influencer marketing programs on the Rakuten Advertising network by bringing together creator reporting, shopping behavior data, and in-house experts and strategists. Insights and Analytics Prompt is a new AI-driven tool built for generating custom reports for publishers and advertisers in real time, unlocking new efficiencies and enhancing operations. Fueled by generative AI, prompt will help advertisers and publishers understand program drivers and will enable nimble decision making for global businesses throughad-hoc reports. Additionally, custom reports can be visualized in easy-to-read charts for quick review and download.
お知らせ • May 14Rakuten Group, Inc. to Report Q2, 2025 Results on Aug 08, 2025Rakuten Group, Inc. announced that they will report Q2, 2025 results on Aug 08, 2025
お知らせ • Feb 14+ 1 more updateRakuten Group, Inc., Annual General Meeting, Mar 28, 2025Rakuten Group, Inc., Annual General Meeting, Mar 28, 2025.
Board Change • Dec 30High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Outside Independent Director Takaharu Ando was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 13Rakuten Group, Inc. Announces Retirement of Masayuki Hosaka as Regarding Change of Representative DirectorsRakuten Group, Inc. announced retirement of Masayuki Hosaka as Representative Director and Vice Chairman. He will be retiring also from a position of President & Representative Director of Rakuten Card Co. Ltd. and become Special Senior Adviser on March 25, 2025. Scheduled retirement date: At the conclusion of the 28th Annual General Meeting of Shareholders scheduled to be held in late March 2025.
お知らせ • Dec 03Mizuho Financial Group, Inc. (TSE:8411) completed the acquisition of 14.99% stake in Rakuten Card Co.,Ltd. from Rakuten Group, Inc. (TSE:4755).Mizuho Financial Group, Inc. (TSE:8411) agreed to acquire 14.99% stake in Rakuten Card Co.,Ltd. from Rakuten Group, Inc. (TSE:4755) for approximately ¥170 billion on November 13, 2024. Under this Agreement, the Company will transfer 14.99% of Rakuten Card's common stock to Mizuho FG. The transfer amount is expected to be ¥164,997 million. Even after the Share Transfer, Rakuten Card will remain a subsidiary of Rakuten Group, and will continue to be an important consolidated subsidiary embedded in the Rakuten Ecosystem. Rakuten Card has reported Total equity attributable to owners of the parent company of ¥147.230 billion, Total assets of ¥4,190,330 million, Revenue of ¥406,350 million, Operating income of ¥69,560 million, and Net income attributable to owners of the parent company of ¥48,484 million. The expected completion of the transaction is December 1, 2024. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Rakuten Group, Inc. Nishimura & Asahi acted as legal advisor to Rakuten Group, Inc. Mizuho Financial Group, Inc. (TSE:8411) completed the acquisition of 14.99% stake in Rakuten Card Co.,Ltd. from Rakuten Group, Inc. (TSE:4755) on December 1, 2024.
お知らせ • Nov 15Mizuho Financial Group, Inc. (TSE:8411) agreed to acquire 14.99% stake in Rakuten Card Co.,Ltd. from Rakuten Group, Inc. (TSE:4755) for approximately ¥170 billion.Mizuho Financial Group, Inc. (TSE:8411) agreed to acquire 14.99% stake in Rakuten Card Co.,Ltd. from Rakuten Group, Inc. (TSE:4755) for approximately ¥170 billion on November 13, 2024. Under this Agreement, the Company will transfer 14.99% of Rakuten Card's common stock to Mizuho FG. The transfer amount is expected to be ¥164,997 million. Even after the Share Transfer, Rakuten Card will remain a subsidiary of Rakuten Group, and will continue to be an important consolidated subsidiary embedded in the Rakuten Ecosystem. Rakuten Card has reported Total equity attributable to owners of the parent company of ¥147.230 billion, Total assets of ¥4,190,330 million, Revenue of ¥406,350 million, Operating income of ¥69,560 million, and Net income attributable to owners of the parent company of ¥48,484 million. The expected completion of the transaction is December 1, 2024. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Rakuten Group, Inc.
Reported Earnings • Nov 15Third quarter 2024 earnings released: JP¥34.60 loss per share (vs JP¥32.00 loss in 3Q 2023)Third quarter 2024 results: JP¥34.60 loss per share (further deteriorated from JP¥32.00 loss in 3Q 2023). Revenue: JP¥566.7b (up 9.3% from 3Q 2023). Net loss: JP¥74.4b (loss widened 8.7% from 3Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 13Rakuten Group, Inc. to Report Q4, 2024 Results on Feb 13, 2025Rakuten Group, Inc. announced that they will report Q4, 2024 results on Feb 13, 2025
Reported Earnings • Aug 12Second quarter 2024 earnings released: JP¥15.63 loss per share (vs JP¥32.27 loss in 2Q 2023)Second quarter 2024 results: JP¥15.63 loss per share (improved from JP¥32.27 loss in 2Q 2023). Revenue: JP¥537.3b (up 8.1% from 2Q 2023). Net loss: JP¥33.6b (loss narrowed 42% from 2Q 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 20% per year.
お知らせ • Aug 09Rakuten Group, Inc. to Report Q3, 2024 Results on Nov 13, 2024Rakuten Group, Inc. announced that they will report Q3, 2024 results on Nov 13, 2024
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • May 16First quarter 2024 earnings released: JP¥19.78 loss per share (vs JP¥51.89 loss in 1Q 2023)First quarter 2024 results: JP¥19.78 loss per share (improved from JP¥51.89 loss in 1Q 2023). Revenue: JP¥513.6b (up 8.0% from 1Q 2023). Net loss: JP¥42.4b (loss narrowed 49% from 1Q 2023). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 21% per year.
お知らせ • May 16Rakuten Group, Inc. to Report Q2, 2024 Results on Aug 09, 2024Rakuten Group, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024
お知らせ • Apr 02Port Inc. (TSE:7047) completed the acquisition of Employment information community site business of Rakuten Group.Port Inc. (TSE:7047) agreed to acquire Employment information community site business of Rakuten Group for ¥2.2 billion on January 31, 2024. Transaction is expected to complete on April 1, 2024.Port Inc. (TSE:7047) completed the acquisition of Employment information community site business of Rakuten Group on April 1, 2024. Employment information community site business of Rakuten Group has been established as Minshu Co., Ltd.
New Risk • Feb 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (35% increase in shares outstanding).
お知らせ • Feb 15Rakuten Group, Inc. to Report Q1, 2024 Results on May 14, 2024Rakuten Group, Inc. announced that they will report Q1, 2024 results on May 14, 2024
Reported Earnings • Feb 15Full year 2023 earnings released: JP¥177 loss per share (vs JP¥235 loss in FY 2022)Full year 2023 results: JP¥177 loss per share (improved from JP¥235 loss in FY 2022). Revenue: JP¥2.07t (up 7.4% from FY 2022). Net loss: JP¥339.5b (loss narrowed 9.0% from FY 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 14+ 1 more updateRakuten Group, Inc. Resolves Not to Pay Dividend for Fiscal Year 2023At the Board of Directors meeting held on February 14, 2024, Rakuten Group, Inc. resolved not to pay dividends of surplus with a record date of December 31, 2023, as detailed below. Reasons: Regarding shareholder returns, the Company has endeavored to pay stable and continuous dividends while taking into account investment for medium- to long-term growth and sufficient internal reserves to stabilize financial base. Considering the current financial situation of the Company, and with the aim of ensuring its financial soundness, The company is currently actively promoting various types of capital procurement without relying solely on interest-bearing debt. It has secured funds for investment in growth businesses without relying on financial institutions, and have also worked to reduce the balance of interest-bearing debt. Therefore, for the current fiscal year, it believes that controlling the outflow of funds through dividends will lead to stabilizing financial base and ultimately improve shareholder value, so the company decided not to pay dividends. Basic dividend policy is to pay dividends in a stable and continuous manner, taking into account investment for medium- to long-term growth and the enhancement of internal reserves to stabilize financial base. There are no changes to this policy. The timing of resuming dividends after the fiscal year ending December 2024 has not been determined at this time, but will strive to resume dividends in a timely and appropriate manner as move toward achieving consolidated profitability as early as possible, and reducing interest-bearing debt. Dividend per share JPY 4.50 (Fiscal 2022).
Upcoming Dividend • Dec 21Upcoming dividend of JP¥4.50 per share at 0.8% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 13 March 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.2%).
Reported Earnings • Nov 11Third quarter 2023 earnings released: JP¥32.00 loss per share (vs JP¥51.30 loss in 3Q 2022)Third quarter 2023 results: JP¥32.00 loss per share (improved from JP¥51.30 loss in 3Q 2022). Revenue: JP¥518.4b (up 10.0% from 3Q 2022). Net loss: JP¥68.5b (loss narrowed 16% from 3Q 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 09Rakuten Group, Inc. to Report Q4, 2023 Results on Feb 14, 2024Rakuten Group, Inc. announced that they will report Q4, 2023 results on Feb 14, 2024
お知らせ • Aug 11+ 1 more updateRakuten Group, Inc. to Report Q3, 2023 Results on Nov 09, 2023Rakuten Group, Inc. announced that they will report Q3, 2023 results on Nov 09, 2023
Reported Earnings • Aug 11Second quarter 2023 earnings released: JP¥32.27 loss per share (vs JP¥53.72 loss in 2Q 2022)Second quarter 2023 results: JP¥32.27 loss per share (improved from JP¥53.72 loss in 2Q 2022). Revenue: JP¥497.2b (up 8.9% from 2Q 2022). Net loss: JP¥57.4b (loss narrowed 33% from 2Q 2022). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 02Rakuten Group, Inc. has completed a Follow-on Equity Offering in the amount of ¥230.387696 billion.Rakuten Group, Inc. has completed a Follow-on Equity Offering in the amount of ¥230.387696 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 198,943,300 Price\Range: ¥566 Discount Per Security: ¥23.36 Security Name: Common Stock Security Type: Common Stock Securities Offered: 208,102,100 Price\Range: ¥566 Discount Per Security: ¥23.36 Transaction Features: Rule 144A; Subsequent Direct Listing
Reported Earnings • May 17First quarter 2023 earnings released: JP¥51.89 loss per share (vs JP¥57.76 loss in 1Q 2022)First quarter 2023 results: JP¥51.89 loss per share (improved from JP¥57.76 loss in 1Q 2022). Revenue: JP¥475.6b (up 8.8% from 1Q 2022). Net loss: JP¥82.6b (loss narrowed 9.7% from 1Q 2022). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
お知らせ • May 13+ 1 more updateRakuten Group, Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2023Rakuten Group, Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the estimate of consolidated operating results for fiscal year 2023, double-digit growth on consolidated operating results for the fiscal year 2022 is estimated for fiscal year 2023 consolidated revenue, excluding the securities business whose results are heavily impacted by stock market conditions.
Board Change • Apr 14High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Outside Independent Director Takaharu Ando was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Apr 05Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Outside Independent Director Sarah Jane Mackay Whitley was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 16Full year 2022 earnings released: JP¥235 loss per share (vs JP¥87.62 loss in FY 2021)Full year 2022 results: JP¥235 loss per share (further deteriorated from JP¥87.62 loss in FY 2021). Revenue: JP¥1.93t (up 15% from FY 2021). Net loss: JP¥372.9b (loss widened 179% from FY 2021). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 14+ 1 more updateRakuten Group, Inc. Provides Consolidated Earnings Guidance for the Yar Ending December 31, 2023Rakuten Group, Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the group aims at double-digit growth on the fiscal year ended December 31, 2022 for consolidated revenue, excluding results from the securities business which are impacted substantially by the share market. However, there is a possibility that some businesses may experience a decrease in revenue due to the impact of COVID-19.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥4.50 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 14 March 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (0.4%).
Reported Earnings • Nov 16Third quarter 2022 earnings released: JP¥51.29 loss per share (vs JP¥16.98 loss in 3Q 2021)Third quarter 2022 results: JP¥51.29 loss per share (further deteriorated from JP¥16.98 loss in 3Q 2021). Revenue: JP¥471.1b (up 16% from 3Q 2021). Net loss: JP¥81.5b (loss widened 204% from 3Q 2021). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Online Retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 13Rakuten Group, Inc. to Report Q4, 2022 Results on Feb 14, 2023Rakuten Group, Inc. announced that they will report Q4, 2022 results on Feb 14, 2023
Reported Earnings • Aug 12Second quarter 2022 earnings released: JP¥53.72 loss per share (vs JP¥25.55 loss in 2Q 2021)Second quarter 2022 results: JP¥53.72 loss per share (down from JP¥25.55 loss in 2Q 2021). Revenue: JP¥456.5b (up 14% from 2Q 2021). Net loss: JP¥85.2b (loss widened 112% from 2Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 32% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 15First quarter 2022 earnings released: JP¥57.76 loss per share (vs JP¥18.37 loss in 1Q 2021)First quarter 2022 results: JP¥57.76 loss per share (down from JP¥18.37 loss in 1Q 2021). Revenue: JP¥437.1b (up 12% from 1Q 2021). Net loss: JP¥91.4b (loss widened 264% from 1Q 2021). Over the next year, revenue is forecast to grow 16%, compared to a 29% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Breakeven Date Change • Mar 11Forecast breakeven date pushed back to 2024The 16 analysts covering Rakuten Group previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 77% per year to 2023. The company is expected to make a profit of JP¥60.9b in 2024. Average annual earnings growth of 68% is required to achieve expected profit on schedule.
Reported Earnings • Feb 16Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: JP¥87.62 loss per share (down from JP¥84.00 loss in FY 2020). Revenue: JP¥1.68t (up 16% from FY 2020). Net loss: JP¥133.8b (loss widened 17% from FY 2020). Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 15%, compared to a 45% growth forecast for the retail industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 13Third quarter 2021 earnings released: JP¥16.98 loss per share (vs JP¥32.50 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: JP¥406.9b (up 13% from 3Q 2020). Net loss: JP¥26.8b (loss narrowed 39% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 12Second quarter 2021 earnings released: JP¥25.55 loss per share (vs JP¥5.77 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: JP¥402.2b (up 16% from 2Q 2020). Net loss: JP¥40.3b (down JP¥48.1b from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 117 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 15First quarter 2021 earnings released: JP¥18.37 loss per share (vs JP¥26.03 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: JP¥391.5b (up 18% from 1Q 2020). Net loss: JP¥25.1b (loss narrowed 29% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 05Full year 2020 earnings released: JP¥84.00 loss per share (vs JP¥23.55 loss in FY 2019)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: JP¥1.46t (up 15% from FY 2019). Net loss: JP¥114.2b (loss widened 258% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Mar 13New 90-day high: €9.38The company is up 16% from its price of €8.06 on 11 December 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.39 per share.
Reported Earnings • Feb 14Full year 2020 earnings released: JP¥84.00 loss per share (vs JP¥23.55 loss in FY 2019)The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: JP¥1.46t (up 15% from FY 2019). Net loss: JP¥114.2b (loss widened 258% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 14Revenue misses expectationsRevenue missed analyst estimates by 0.01%. Over the next year, revenue is forecast to grow 9.7%, compared to a 55% growth forecast for the Online Retail industry in Germany.
Is New 90 Day High Low • Jan 21New 90-day low: €7.52The company is down 12% from its price of €8.55 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.32 per share.
Is New 90 Day High Low • Dec 28New 90-day low: €7.70The company is down 15% from its price of €9.05 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.45 per share.
Is New 90 Day High Low • Dec 08New 90-day low: €7.84The company is down 4.0% from its price of €8.13 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.28 per share.
Analyst Estimate Surprise Post Earnings • Nov 13Revenue misses expectationsRevenue missed analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 14%, compared to a 47% growth forecast for the Online Retail industry in Germany.
Reported Earnings • Nov 13Third quarter 2020 earnings released: JP¥32.33 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: JP¥361.4b (up 13% from 3Q 2019). Net loss: JP¥44.0b (loss narrowed 62% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 74% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
