Rakuten wesentlich besser als Rocket

Rakuten Bank, Ltd. (5838.T)

5,680.00
+700.00
(+14.06%)
Day's Range5,256.00 - 5,680.00
52 Week Range2,465.00 - 5,680.00
Volume 4,376,900
Avg. Volume 1,330,174
Market Cap (intraday) 991.058B

https://finance.yahoo.com/quote/5838.T/

 

Rakuten Bank Reports Strong Financial Growth for 2024

The latest announcement is out from Rakuten Bank, Ltd.

Rakuten Bank, Ltd. reported consolidated financial results for the nine months ending December 31, 2024, showing significant growth with a 30.3% increase in ordinary income and a 40.4% rise in ordinary profit compared to the previous year. This performance highlights the bank’s strong position in the industry and its successful strategies, which may positively impact its stakeholders and market presence.

https://www.tipranks.com/news/...rts-strong-financial-growth-for-2024
 

The first Trump administration ultimately secured $1.5 billion for open RAN in the US. Now, at the beginning of the second Trump administration, many are hoping for the same or better.

Mike Dano, Editorial Director, 5G & Mobile Strategies
January 13, 2025

https://www.lightreading.com/open-ran/...-resurgence-during-trump-2-0
 

Cristina Chi - Philstar.com
February 12, 2025

MANILA, Philippines — The Philippines has received P168 million (¥444 million) from Japan to set up an Open Radio Access Network (Open RAN) system in the University of the Philippines — a grant that aims to eventually advance the development of open-access 5G technology in the country.

"The project is expected to establish an environment to deploy Open RAN leading to increased competition in the base station market, which will lead to lower costs in the deployment and operation of 5G networks, as well as stimulate innovation, in the Philippines," the embassy said.

https://qa.philstar.com/headlines/2025/02/12/...%2520the%2520country.
 

Revenue increased across all segments, including Internet Services, FinTech, and Mobile, resulting in record-high full-year revenue of JPY 2.28 tn for FY 2024 (+10.0% YoY)

In addition to revenue growth, significant profit improvements in Rakuten Mobile and cost optimization efforts at the group level led to a Non-GAAP OI of JPY 7.0 bn (JPY +160.1 bn YoY) and IFRS OI of JPY 53.0 bn (JPY +265.8 bn YoY), achieving full-year consolidated profitability for the first time since 2019. EBITDA profit was JPY 326.0 bn (+ 120.0% YoY)

https://global.rakuten.com/corp/investors/
 

At the group level, self-funding was achieved in FY2024. Through Internet Services EBITDA, cash flow from FinTech businesses ,working capital improvements, and Rakuten Mobile's own financing (e.g., lease), we covered our funding needs for mobile business and interest payments in the current fiscal year without relying on new debt at Rakuten Group, Inc.

In December 2024, we issued U.S. dollar-denominated perpetual subordinated bonds to replace 2nd and 4th domestic subordinated bonds with a first call date in November and December 2025. This completed measures for all corporate bonds maturing or reaching their call dates by the end of 2025. In February 2025, we conducted a buyback of 2nd and 4th domestic subordinated bonds. We remain focused on balance sheet management by reducing interest-bearing debt and actively controlling the corporate bond redemption schedule.

https://global.rakuten.com/corp/investors/
 

Segment revenue: JPY 1.28 tn (+5.8% YoY), Non-GAAP OI*1 : JPY 85.1 bn (+29.8% YoY), achieving growth in both revenue and profit

Domestic EC GMS: JPY 5.96 tn (-1.5% YoY), impacted by factors such as the high YoY comparison hurdle for Rakuten Travel due to the partial end of the nationwide travel support in July 2023, and the transfer of the Rakuten Pay (online payment) business to the FinTech segment in September 2023. However, excluding these impacts, Domestic EC GMS grew by 4.6% YoY*2, showing positive growth. In 2025, we aim for mid- to- high-single digit growth in Domestic EC GMS.

International Business Unit : Revenue was USD 2.04 bn (+8.5% YoY) showing strong growth driven by solid performance from Rakuten Kobo and Rakuten Viber. Non-GAAP OI turned positive for the full year, reaching USD 48.54 mm (+USD 93.45 mm YoY), supported by cost reduction and profitability improvement efforts across businesses, including Rakuten Rewards.

https://global.rakuten.com/corp/investors/
 

Segment revenue: JPY 820.4 bn (+13.1% YoY), Non-GAAP operating income*1: JPY 153.4 bn (+37.9% YoY). The customer base and transaction value expanded in each business throughout the year.
Rakuten Card: Shopping GTV grew on higher card membership and average customer spending. FY2024 Shopping GTV: JPY 24.0 tn (+13.7% YoY), contributing to increased segment revenue. Due to increased operating leverage from top-line growth and marketing optimization, achieved a significant increase in profit for the full year.

Rakuten Bank: Accounts grew by leveraging group synergies. Number of accounts: 16.48 mm*2 (as of end of Dec. 2024, +11.6% YoY). With further progress in converting accounts into main accounts and daily transactional accounts, the deposit balance also increased, reaching JPY 12.0 tn*2*3 (as of end of Dec 2024, +16.9% YoY). Led by the accumulation of assets under management, and also policy interest rate hike, interest income grew significantly in the second half of the year and achieved a significant increase in revenue and income.

Rakuten Securities: Continued expansion of the customer base, and various transactions were strong. Despite zero domestic stock commissions from Oct 2023, achieved an increase in revenue and profit thanks to the diversification of revenue mix and the control of marketing and other costs. Number of general securities accounts: reached 11.93 mm as of the end of Dec 2024 (+17.0% YoY) and 12mm in Jan 2025.

Rakuten Payment: Continued growth in GTV due to expansion of customer base. Achieved profitability for the full year due to continued control of marketing expenses.

file:///C:/Users/Ganss/Downloads/24Q4setE/24Q4PPT_E.pdf
 

Rakuten Mobile achieved profitability in the final month of 2024 five years after launch, with chair Mickey Mikitani targeting full-year EBITDA to turn positive in 2025, driven by subscriber and ARPU gains.

The operator’s EBITDA in December hit JPY2.3 billion ($15.1 million). The figure for the full-year dropped by JPY98.7 billion from a year ago to a loss of JPY53.8 billion.

Mikitani attributed the move to profit to strong subscriber acquisition and increased ARPU due to improved network quality, as well as ongoing cost control and rising ad revenue.
He added Rakuten Mobile will be “a driving force” for the group’s future growth, accounting for 34.4 per cent of consolidated revenue growth in 2024.

Mikitani noted it covered annual capital needs without relying on new debt for the group. Capex fell from JPY169 billion in 2023 to JPY81 billion last year. The company noted some investments were postponed to 2025, with the outlay forecast to climb to JPY150 billion.

https://www.mobileworldlive.com/rakuten/...%28%2415.1%2520million%29.