Rakuten wesentlich besser als Rocket

Ono, Yomiuri Shimbun: My second question is about the net loss. Is my understanding correct that the main reason, as in Q1, is the valuation loss due to the strong yen on perpetual subordinated bonds? Please confirm that point.

Hirose, CFO: At the operating income level, the cumulative six-month loss for this fiscal year is 6.6 billion yen, an improvement of 45 billion yen from the same period last year. On the other hand, financial income and expenses worsened  by 66.6 billion yen, which, as you pointed out, is the gain or loss on derivatives heding realated to perpetual bonds. Under IFRS perpetual bonds are treated as equity, so unrealized gains and losses do not impact the P/L, but onlythe derivative hedges are reflected.  

Kaufauftrag aufgeben und "Schwarz & Lang" als Handelsplatz angeben, dürfte er heute zwischen 17.00 Uhr und 19.00 Uhr zur  Ausführung kommen.

https://www.ls-tc.de/de/aktie/rakuten-aktie  

The progress of Rakuten Mobile

In the second quarter of 2025, Rakuten Mobile’s standalone EBITDA improved by 19.1 billion yen year-on-year, reaching 5.6 billion yen. Compared to the previous quarter, when we achieved our first quarterly profit, we were able to further expand the profit. We are making steady progress toward achieving full-year EBITDA profitability in 2025.

As for the number of subscribers, we surpassed 9 million subscribers on July 7th, and as of July 31st, we reached 9.08 million subscribers. Toward breaking the major milestone of 10 million, we aim to further accelerate the pace of net additions in the second half of the year.
https://global.rakuten.com/corp/investors/