Rakuten Logs 25.1-B.-Yen Net Loss for Jan.-March
Tokyo, May 13 (Jiji Press)--Rakuten Group Inc. <4755> said Thursday it logged a group net loss of 25,143 million yen for January-March, weighed by heavy investment for base station construction for its mobile phone service.
Its January-March bottom line was in the red for the second consecutive year. The company posted a net loss of 35,319 million yen a year before.
Rakuten, Inc. TYO: 4755 gigant e-commerce, japoński Amazon
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Rakuten to Start Exporting 5G Technology
Tokyo, Aug. 5 (Jiji Press)--Rakuten Group Inc. <4755> plans to start exporting its proprietary technology that achieves low capital spending on base stations for 5G ultrahigh-speed, large-volume wireless communications networks, President, Chairman and CEO Hiroshi Mikitani said Thursday.
The Japanese technology firm will first provide the technology to German company 1&1 AG.
Tokyo, Aug. 5 (Jiji Press)--Rakuten Group Inc. <4755> plans to start exporting its proprietary technology that achieves low capital spending on base stations for 5G ultrahigh-speed, large-volume wireless communications networks, President, Chairman and CEO Hiroshi Mikitani said Thursday.
The Japanese technology firm will first provide the technology to German company 1&1 AG.
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Rakuten Suffers 65.4-B.-Yen Net Loss in Jan.-June
Tokyo, Aug. 11 (Jiji Press)--Rakuten Group Inc. <4755> on Wednesday reported a group net loss of 65,438 million yen in January-June, due to heavy spending on its mobile phone business, chiefly base station construction costs.
The result was worse than the year-before loss of 27,485 million yen. The size of loss also expanded from 25,143 million yen for January-March.
Tokyo, Aug. 11 (Jiji Press)--Rakuten Group Inc. <4755> on Wednesday reported a group net loss of 65,438 million yen in January-June, due to heavy spending on its mobile phone business, chiefly base station construction costs.
The result was worse than the year-before loss of 27,485 million yen. The size of loss also expanded from 25,143 million yen for January-March.
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Rakuten Mobile Delays Network Coverage Deadline Again
Tokyo, Oct. 22 (Jiji Press)--Rakuten Mobile Inc. said Friday that it will push back the deadline for when its own mobile network will cover 96 pct of Japan's population by a quarter to the end of March 2022.
The unit of cybermall operator Rakuten Group Inc. <4755> initially aimed to reach the figure in summer 2021 but moved the deadline to the end of the year, as base station construction was behind schedule amid a global semiconductor shortage.
Tokyo, Oct. 22 (Jiji Press)--Rakuten Mobile Inc. said Friday that it will push back the deadline for when its own mobile network will cover 96 pct of Japan's population by a quarter to the end of March 2022.
The unit of cybermall operator Rakuten Group Inc. <4755> initially aimed to reach the figure in summer 2021 but moved the deadline to the end of the year, as base station construction was behind schedule amid a global semiconductor shortage.
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Rakuten Chief Mikitani to Donate 1 B. Yen to Ukraine
https://www.nippon.com/en/news/yjj20220 ... raine.html
https://www.nippon.com/en/news/yjj20220 ... raine.html
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Rakuten Securities to Prepare for Stock Market Listing
Tokyo, May 24 (Jiji Press)--Online shopping mall giant Rakuten Group Inc. <4755> said Tuesday it will begin preparations for the stock exchange listing of Rakuten Securities Inc., its online brokerage unit.
The group said the timing of the stock market listing has yet to be decided.
Tokyo, May 24 (Jiji Press)--Online shopping mall giant Rakuten Group Inc. <4755> said Tuesday it will begin preparations for the stock exchange listing of Rakuten Securities Inc., its online brokerage unit.
The group said the timing of the stock market listing has yet to be decided.
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Rakuten Mobile's Network Failure Affects Some 1.3 M. Users
Tokyo, Sept. 6 (Jiji Press)--A temporary disruption that occurred on Rakuten Mobile Inc.'s network on Sunday affected some 1.3 million users across Japan, the unit of Japanese e-commerce giant Rakuten Group Inc. <4755> has said.
The network disruption caused difficulties making phone calls, including emergency calls, and sending data for part of Rakuten Mobile users for about two and a half hours.
Tokyo, Sept. 6 (Jiji Press)--A temporary disruption that occurred on Rakuten Mobile Inc.'s network on Sunday affected some 1.3 million users across Japan, the unit of Japanese e-commerce giant Rakuten Group Inc. <4755> has said.
The network disruption caused difficulties making phone calls, including emergency calls, and sending data for part of Rakuten Mobile users for about two and a half hours.
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Rakuten Mobile Slapped with Administrative Guidance
Tokyo, Dec. 9 (Jiji Press)--Japan's communications ministry gave administrative guidance to Rakuten Mobile Inc. Friday over a massive network disruption that occurred in September.
The ministry issued a strict reprimand to the Japanese wireless operator, saying the network disruption amounted to a "serious incident" under the telecommunications business law.
Tokyo, Dec. 9 (Jiji Press)--Japan's communications ministry gave administrative guidance to Rakuten Mobile Inc. Friday over a massive network disruption that occurred in September.
The ministry issued a strict reprimand to the Japanese wireless operator, saying the network disruption amounted to a "serious incident" under the telecommunications business law.
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Re: Rakuten, Inc. TYO: 4755 gigant e-commerce, japoński Amazon
Tokyo, Feb. 14 (Jiji Press)--Japan's Rakuten Group Inc. <4755> on Tuesday reported a record group net loss of 372,884 million yen in 2022, far bigger than the year-before loss of 133,828 million yen.
The cybermall and mobile phone group incurred a net loss for the fourth straight year due chiefly to massive costs to build mobile phone base stations.
The cybermall and mobile phone group incurred a net loss for the fourth straight year due chiefly to massive costs to build mobile phone base stations.
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Rakuten Bank to Go Public on TSE in April
Tokyo, March 23 (Jiji Press)--Internet-only Rakuten Bank <5838> has won approval to go public on the Tokyo Stock Exchange's Prime section April 21.
The market capitalization is expected to reach 300 billion yen for the bank wholly owned by e-commerce giant Rakuten Group Inc. <4755>.
Tokyo, March 23 (Jiji Press)--Internet-only Rakuten Bank <5838> has won approval to go public on the Tokyo Stock Exchange's Prime section April 21.
The market capitalization is expected to reach 300 billion yen for the bank wholly owned by e-commerce giant Rakuten Group Inc. <4755>.
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Tokyo, May 16 (Jiji Press)--Rakuten Group Inc. said Tuesday that it will raise up to 332.1 billion yen in funds by issuing new shares through public offering and third-party allotment.
The Japanese e-commerce company aims to use the proceeds to rebuild its finances as it has been struggling with hefty losses from its mobile phone business.
The Japanese e-commerce company aims to use the proceeds to rebuild its finances as it has been struggling with hefty losses from its mobile phone business.
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Shares in Rakuten Inc (TYO:4755) fell to 5-year lows; losing 2.53% or 12.40 to 477.10.
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Rakuten Securities Holdings Applies for TSE Listing
Tokyo, July 4 (Jiji Press)--Rakuten Securities Holdings Inc. on Tuesday applied for listing on the Tokyo Stock Exchange, aiming to strengthen its management foundation, expand its customer base and diversify its services, mainly at Rakuten Securities Co., its online brokerage unit.
The move comes as Rakuten Group Inc., the parent of Rakuten Securities Holdings, has been suffering large losses, weighed down by investments in base stations in its mobile phone business. In January-March 2023, its net loss came to 82.5 billion yen.
Tokyo, July 4 (Jiji Press)--Rakuten Securities Holdings Inc. on Tuesday applied for listing on the Tokyo Stock Exchange, aiming to strengthen its management foundation, expand its customer base and diversify its services, mainly at Rakuten Securities Co., its online brokerage unit.
The move comes as Rakuten Group Inc., the parent of Rakuten Securities Holdings, has been suffering large losses, weighed down by investments in base stations in its mobile phone business. In January-March 2023, its net loss came to 82.5 billion yen.
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Japan Rakuten Group Logs 139-B.-Yen Net Loss in Jan.-June
Tokyo, Aug. 10 (Jiji Press)--Japanese technology conglomerate Rakuten Group Inc. posted on Thursday a consolidated net loss of 139.9 billion yen in January-June, against the year-before loss of 177.8 billion yen.
The red ink reflected weakness in the company's mobile phone business due to roaming charges for using KDDI Corp.'s mobile communications network and the heavy cost of investment to add base stations.
Tokyo, Aug. 10 (Jiji Press)--Japanese technology conglomerate Rakuten Group Inc. posted on Thursday a consolidated net loss of 139.9 billion yen in January-June, against the year-before loss of 177.8 billion yen.
The red ink reflected weakness in the company's mobile phone business due to roaming charges for using KDDI Corp.'s mobile communications network and the heavy cost of investment to add base stations.
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Tokio, 3 października (Jiji Press)--Oczekuje się, że Rakuten Mobile Inc. otrzyma nowe "platynowe" pasma częstotliwości najwcześniej pod koniec tego miesiąca.
Japońskie ministerstwo komunikacji poinformowało we wtorek, że Rakuten Mobile był jedyną firmą, która ubiegała się o 700-megahercowe sloty w okresie składania wniosków od 29 sierpnia do piątku.
Japońskie ministerstwo komunikacji poinformowało we wtorek, że Rakuten Mobile był jedyną firmą, która ubiegała się o 700-megahercowe sloty w okresie składania wniosków od 29 sierpnia do piątku.
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