DOCSLIB.ORG

Rakuten Group Introduction

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Rakuten Group Introduction Rakuten Group Introduction June 2021 Rakuten Group, Inc. Table of Contents 1. Rakuten Group Overview 2. Snapshot of Key Businesses 3. Appendix -Who we are -Domestic EC -Rakuten history -Mission -FinTech -Consolidated financial results -Track record Rakuten Card -Strengths Rakuten Bank -Opportunity Rakuten Securities -KPIs & FY2020 Highlights Payments Business -ESG Insurance Services -Rakuten Capital -Ad Business -Overseas Businesses -Mobile Business -Founder’s commitment 2 Rakuten Group Overview 3 Global Innovation Leader Japan’s Leading Tech Company Transforming Global Telecom 4 Online e-Learning Content Fintech Seizing Digital Advertising Acceleration Data e-Commerce 5G Communications 5 Rakuten’s Unique Ecosystem: More than 70 Innovative Businesses Unified under One Brand Japan’s No.1 Internet Service includes: Biggest eCommerce platform in Japan most diverse range of products, entertainment and sports Most Comprehensive FinTech platform No.1 online bank fastest growing securities business fastest growing cashless businesses including Rakuten Credit Card online insurance Top Tier online Travel business in Japan top Hotel booking business Dominant Online Advertising business on EC platforms in Japan accounting for approx. 55% of EC platforms ad market (FY2020) World’s First Fully Virtualized Mobile Service enabled by technology that halves CAPEX and OPEX 100mn + members connect to all services via a single ID 6 Mission: Create Value through Innovation and Entrepreneurship to Contribute to Society 5G Mobile Telemedicine Service Our Future Sustainable Innovation: Drone Smart Today Delivery Cities Enable Industry 20,000+ Employees, 50,000+ Merchants Empower Society Digital Smart Innovating everyday to Content Stadiums 1997 empower merchants and Our Beginning consumers Enrich Individual Experiences Launched with just six employees, one server, Pioneering virtual mobile 13 merchants technology to empower Pioneered Internet EC consumers w/ unlimited data to empower small that is affordable merchants 7 Total Global GTV*1*2 +18.0％ YoY (JPY tn) *1 Global Gross Transaction Value = Domestic E-Commerce GMS + Credit Card GTV + Rakuten Edy GTV + Rakuten Pay GTV+ Rakuten Point Card GTV + Overseas E-Commerce GMS + Rakuten Rewards (Ebates) GMS + Digital Contents GTV + Rakuten Advertising (Rakuten Marketing) GTV *2 Includes intercompany transactions for settlement and affiliate services 8 Track Record: Growing New Businesses to Become No.1 through Fast Customer Acquisition # of Credit Card holders (mm) # of online bank accounts (mm) # of online securities accounts (mm) 21.6 9.9 5.0 3.8x 2.7x 5.0x 3.7 5.7 1.0 Dec/10 Dec/20 Dec/10 Dec/20 Dec/10 Dec/20 *No.1 in the number of card holders acquisition *No.1 in the number of new account openings 9 Track Record: Growth Outpacing Traditional Industries Industries Traditional Outpacing Growth Record: Track *Ministry *Ministry of Economy, Trade and Industry, Commercial sales value by type of business 2000 2000 Domestic EC GMS vs Retail Sales Value Sales Retail vs EC GMS Domestic 2001 2001 2002 2002 2003 2003 2004 2004 Retail Industry Sales Value* Sales Industry Retail 2005 2005 2006 EC GMS Domestic *Ministry *Ministry of Economy, Trade and Industry, Statistical survey on dynamics 2006 of specified service industries: Credit Card 2007 2007 2008 2008 2009 2009 2005 2005 2010 2010 2011 2006 2006 2011 2012 2012 2007 2007 2013 2013 Credit Card Shopping GMS Card Credit 2008 2008 2014 2014 Credit 2015 2009 2009 2015 2016 Rakuten Card Rakuten 2016 2010 2010 2017 2017 2011 industry* Card 2011 2018 2018 2019 2019 2012 2012 2020 2020 2013 2013 5Y 5Y CAGR 5Y CAGR - +12% 2014 2014 0.8% 2015 2015 2016 2016 2017 2017 2018 2018 *Japan Tourism Agency, Travel Agency Transaction 2019 2005 2019 2005 2020 2006 2006 2020 2007 2007 2008 5Y 5Y CAGR 5Y CAGR 2008 +23% +7% Travel 2009 2009 Travel Rakuten 2010 2010 2011 2011 Travel GMS Travel 2012 Industry* 2012 2013 2013 2014 2014 *Japanese Bankers Association, National bank deposit 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 5Y 5Y CAGR 5Y 5Y CAGR - Rakuten Bank Rakuten - 30% 2% All Bank Deposit Banks* * *Ad expenditure of news paper,magazine, radio, TV Dentsu 2016 2016 : 2020 Advertising Expenditures in Japan Traditional Media Ad Ad Media Traditional Rakuten Ad Revenue Ad Rakuten 2017 Advertising Business Advertising 2017 Expenditure* 2018 2018 +28% 5Y 5Y CAGR 5Y 5Y CAGR +5% 2019 2019 2020 2020 4Y 4Y CAGR 4Y CAGR +13% - 6% 10 World’s first fully virtualized mobile network Reducing CAPEX and OPEX with groundbreaking technology 11 Strengths: Unique and Unmatched A Strong A Unique High Quality Most Popular* Global Ecosystem Data + AI Point Program Workforce Diversified and From 100M Attracts and Top engineers Resilient in Rakuten Members retains costumers 70 nationalities challenging times Rakuten’s Value can be measured by Membership Value = LTV – CAC LTV: Life Time Value of a customer, enhanced by having multiple businesses in one eco-system CAC: Customer Acquisition Cost, lowered by a cross-business strategy *My voice com, Survey on points, July 2020 12 Strengths: A Global Workforce Enabled by “Englishnization” Rakuten is a rare Japanese company that made English the official company language in all offices across the world ‘Englishnization’ makes it possible to acquire and retain global talent including the world’s top engineers Employee nationality ratio* Non-Japanese Japanese nationality nationality 23% 77% Number of employee / nationalities* 20,000+ Over 70 * As of December 31, 2019 13 Strengths: A Unique Ecosystem Global Membership 1.5bn One Brand A single "Rakuten" brand for domestic and overseas services improves awareness and image of each service One ID - Membership More than 100 million users in Japan can use multiple services in the ecosystem with a single ID Rich data Enormous purchasing data of more than 100 million users connected to demographics, such as age and gender, and consumer interests. 14 Strengths: A Successful Cross-Business Strategy Synergies between businesses such as Rakuten Ichiba and Rakuten Card lead to expansion of overall Ecosystem Ichiba Domestic EC GMS Shopping Transaction 14,000 5,000 4,500 Synergies 12,000 4,000 to expand 10,000 3,500 Ecosystem 3,000 8,000 2,500 Cross-use Ratio 6,000 2,000 1,500 73.0% 4,000 （As of Dec 2020） 1,000 2,000 500 2 out of 3 members use 2 or more services 0 0 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 15 Strengths: Japan’s Most Popular Point Program (1 point = 1 yen) Attracts and Retains Customers Earn 1x points Earn 3x points Earn 4x points Earn 5x points Use Use Use Join Rakuten Rakuten Rakuten Rakuten ・・・ Card Card Card Mobile 15x Link Card Link Card Shop at Shop at Shop at Shop at to Rakuen to Rakuen Ichiba Ichiba Ichiba Ichiba Bank Bank Customers Earn ‘Rakuten Points’, which is equivalent to cash The more services a customer uses, the more points they earn, incentivizing cross-usage of Rakuten businesses Customers can spend Points in over 5mn on & offline locations including supermarkets No.1 in customer satisfaction survey 90% of points issued, are used by customers, reflecting popularity of program Point I can earn most easily Point overall customer satisfaction Point I want to receive *My voice com, Survey on points, July 2020 16 Strengths: High Quality Data from 100M+ Rakuten IDs 100M+ Rakuten IDs High Quality ID Purchase Data Online and Offline Accurate Demographic Purchasing Data / Membership Attributes Geo Data in all areas 17 Strengths: A powerful AI Driven Marketing Strategy AI agents “Rakuten AIris” analyzes 920 elements from 100m+ Rakuten members “Pitari” delivers the right content, to the right person, at the right time User High Low Matching Rate ●●●●●●● ●●●●●●● Approaching higher Matching Rate user Potential users Machine Learning 920 Analysis elements Demography Interested in health products Search history Interested in A Visit history Games Often go golf Purchase history Often go abroad Have a car Point-use tendency Have pets Model etc. Similarity Score 18 Opportunities: Digital Acceleration in the New Normal Online e-Learning Content FinTech Advertising Data e-Commerce 5G Communications Sustainable Innovation 19 Opportunities: Lead Position to Seize Expanding Digital Market Internet Service Fintech Mobile Japan’s EC penetration expected to double*1 Japan’s Cashless ratio expected to triple*2 190mm Mobile phone subs in Japan 2016 2025 20XX (Target) (Target) Aiming No.1 Telco in Japan JPY 60 tn 0.8% subs share at first year of commercial service launch 20% 40% 80% 190 mm (2017) Mobile phone subs Rakuten growth faster than overall market*1 December 2020 <BtoC EC Market in Japan> +7.8％ YoY Unit: JPY tn Largest payment offering Most affordable Service ％ Up to 1GB : JPY 0 Unlimited : JPY 2,980 *1 The Ministry of Economy, Trade and Industry (METI), “FY2018 Survey of Infrastructure Development Status for Data-driven Society in Japan (E-Commerce Market Survey)” *2 The Ministry of Economy, Trade and Industry (METI), “Cashless Vision” *3 Calculated by Rakuten based on The Ministry of Internal Affairs and Communications, “Information and Communication in Japan WHITE PAPER 2019” *4 The Ministry of Internal Affairs and Communications, “Survey on Domestic and Foreign Telecommunication Industry Data Plans” 20 Opportunities: Online to Offline Expansion Rakuten Everywhere Capturing the Consumer’s JPY 352 Trillion* Wallet Share (JPY tn) * Internal estimation based
Load more

Recommended publications
  • 210419 Testimony of Tareq Amin FINAL
    Testimony of Tareq Amin Representative Director, Executive Vice President and CTO of Rakuten Mobile Hearing on “Leading the Wireless Future: Securing American Network Technology” U.S. House of Representatives Committee on Energy and Commerce, Subcommittee on Communications and Technology April 21, 2021 Good morning, Chairmen Pallone and Doyle, Ranking Members McMorris Rodgers and Latta, and Members of the Subcommittee. Thank you for the opportunity to testify today on this important topic. I am Tareq Amin, Representative Director, Executive Vice President and CTO of Rakuten Mobile. To start, let me say Rakuten doesn’t think of itself as a mobile operator. We are a technology company, with both Japanese and American DNA, committed to bringing the best of what the technology sector offers to advance the agility, security, and affordability of the wireless networks and services. In fact, Rakuten Mobile is its own first customer. Running on our open cloud-based Rakuten Communications Platform (or RCP), our mobile network in Japan proves that cloud-based wireless networks are no longer a vision that merits discussion. They are not just a proof of concept, they are a reality. We are driving a more diverse supply chain, with continuing innovation across multiple technologies, and providing significant consumer benefit. And, the majority of our network components come from U.S. suppliers. In today’s testimony I want to help you see through my eyes and those of our employees, executives, and customers how we decided to revolutionize mobile and wireless networks and the advantages of such an architecture for American networks. Almost seven years ago, I had an opportunity to visit the data centers of one of America’s top Internet platforms and I was shocked to see how they engineered, how they built, and how they architected their systems.
    [Show full text]
  • FY2021 Second Quarter Consolidated Financial Results Appendix
    FY2021 Second Quarter Consolidated Financial Results Appendix August 11, 2021 Rakuten Group, Inc. Consolidated Results 2 Q2/21 Revenue and Operating Income*1 (JPY bn) Q2/20 Q2/21 YoY Core Business*2 Revenue 306.1 350.0 +14.4% Operating Income 29.2 42.7 +46.1% Non-recurring / Investments*3 Revenue 33.2 33.9 +2.1% Operating Income -1.5 4.3 +5.9 Future Growth Investments*4 Revenue 48.3 58.6 +21.3% Operating Income -61.6 -106.8 -45.3 Adjustments Revenue -40.2 -40.3 -0.1 Operating Income 1.3 0.3 -78.7% Consolidated Revenue 347.3 402.2 +15.8% Non-GAAPoperating Income -32.6 -59.5 -27.0 IFRS Operating Income 3.3 -63.5 -66.9 *1 From Q2/21, businesses included in “Core Businesses”, “Non-recuring Investments”, and “Future Growth Investments” have been revised as follows due to segment changes. *2 Includes all the businesses other than “Non-recuring Investments” and “Future Growth Investments”. *3 Includes Securities, General Insurance and Investment Business *4 Includes Logistics-related investments and all the businesses in Mobile segment. 3 Massive Expansion of the Rakuten Ecosystem Consistent growth towards target membership value of JPY 10tn. Membership Value Target Cross JPY 10tn Use x x Unique Q2/21 Uniquex LTV Membership Value UsersUser JPY 7.4tn +2.6% YoY * Excluding Mobile business 4 Rakuten Ecosystem Membership Value Membership Value +2.6% YoY from user expansion of Ichiba, Securities etc. (JPY tn) +0.61 -0.91 +0.50 7.4 7.2 -0.01 Active user growth in LTV of Rakuten Ichiba • Rakuten Ichiba decreased due to the deviation • Rakuten Securities,
    [Show full text]
  • Factset-Top Ten-0521.Xlsm
    Pax International Sustainable Economy Fund USD 7/31/2021 Port. Ending Market Value Portfolio Weight ASML Holding NV 34,391,879.94 4.3 Roche Holding Ltd 28,162,840.25 3.5 Novo Nordisk A/S Class B 17,719,993.74 2.2 SAP SE 17,154,858.23 2.1 AstraZeneca PLC 15,759,939.73 2.0 Unilever PLC 13,234,315.16 1.7 Commonwealth Bank of Australia 13,046,820.57 1.6 L'Oreal SA 10,415,009.32 1.3 Schneider Electric SE 10,269,506.68 1.3 GlaxoSmithKline plc 9,942,271.59 1.2 Allianz SE 9,890,811.85 1.2 Hong Kong Exchanges & Clearing Ltd. 9,477,680.83 1.2 Lonza Group AG 9,369,993.95 1.2 RELX PLC 9,269,729.12 1.2 BNP Paribas SA Class A 8,824,299.39 1.1 Takeda Pharmaceutical Co. Ltd. 8,557,780.88 1.1 Air Liquide SA 8,445,618.28 1.1 KDDI Corporation 7,560,223.63 0.9 Recruit Holdings Co., Ltd. 7,424,282.72 0.9 HOYA CORPORATION 7,295,471.27 0.9 ABB Ltd. 7,293,350.84 0.9 BASF SE 7,257,816.71 0.9 Tokyo Electron Ltd. 7,049,583.59 0.9 Munich Reinsurance Company 7,019,776.96 0.9 ASSA ABLOY AB Class B 6,982,707.69 0.9 Vestas Wind Systems A/S 6,965,518.08 0.9 Merck KGaA 6,868,081.50 0.9 Iberdrola SA 6,581,084.07 0.8 Compagnie Generale des Etablissements Michelin SCA 6,555,056.14 0.8 Straumann Holding AG 6,480,282.66 0.8 Atlas Copco AB Class B 6,194,910.19 0.8 Deutsche Boerse AG 6,186,305.10 0.8 UPM-Kymmene Oyj 5,956,283.07 0.7 Deutsche Post AG 5,851,177.11 0.7 Enel SpA 5,808,234.13 0.7 AXA SA 5,790,969.55 0.7 Nintendo Co., Ltd.
    [Show full text]
  • Japanese E-Commerce Contract Software & Comp Services
    Boku New contract Japanese e-commerce contract Software & Comp Services 26 September 2018 Boku has widened its reach in the domestic Japanese market through a new agreement to provide direct carrier billing (DCB) services to a Rakuten Price 172.0p e-commerce business. The contract is significant in that it demonstrates Market cap £369m Boku’s ability to support physical as well as digital goods, as well as for its potential to be expanded to support additional Rakuten services. Net cash ($m) at end H118 28.4 Shares in issue 214.2m Revenue EBITDA* EPS* DPS P/E EV/EBITDA Year end ($m) ($m) ($) ($) (x) (x) Free float 45.4% 12/17 24.4 (2.3) (0.03) 0.0 N/A N/A Code BOKU 12/18e 34.8 5.4 0.01 0.0 207.4 85.4 12/19e 42.0 11.6 0.03 0.0 68.9 39.8 Primary exchange AIM 12/20e 49.9 19.1 0.06 0.0 37.4 24.2 Secondary exchange N/A Note: *EBITDA and EPS (diluted) are normalised, excluding amortisation of acquired intangibles, exceptional items and share-based payments. Share price performance Boku has signed an initial deal to provide direct carrier billing for Rakuten Collection, an e-commerce site focused on limited edition, collectibles trading in Japan, and a division of Rakuten Group (Tokyo listed, market cap ¥1.2tn/£8.3bn). This represents Boku’s first major agreement for physical e-commerce in Japan. We note that the Rakuten Group operates more than 70 services, including an e- commerce shopping mall (Rakuten Ichiba), streaming video (Rakuten TV) and e- books (Rakuten Kobo).
    [Show full text]
  • An Economist and an Entrepreneur on Revitalizing Japan in the Global Economy
    THE POWER TO COMPETE THE POWER TO COMPETE An Economist and an Entrepreneur on Revitalizing Japan in the Global Economy Hiroshi Mikitani Ryoichi Mikitani Cover image: Hiroshi Noguchi Cover design: Seiichi Suzuki Copyright © 2014 by Hiroshi Mikitani. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at www.wiley.com/go/permissions. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with the respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation.
    [Show full text]
  • Impact of COVID-19 on Consumer Behaviour
    Impact of COVID-19 on Consumer Behaviour April 2020 Our Proprietary Panels Japan (JP) China (CN) South Korea (KR) 2,200,000 3,204,500 640,000 Taiwan (TW) Hong Kong (HK) Singapore (SG) 120,000 52,000 80,000 Thailand (TH) Malaysia (MY) Indonesia (ID) 550,000 196,000 550,000 India (IN) Vietnam (VN) Philippines (PH) 650,000 300,000 315,000 • Markets: China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Taiwan, Survey Thailand, United States, Vietnam Methodology & Sample size: 1,000 respondents per market, 13,000 in total Notes • • Profile of respondents: 20+ y.o. respondents from Rakuten Insight proprietary panels, with good distribution on age, gender, region & occupation • Survey timing April 2020 Sources of information News on traditional forms of media, TV, radio Marked contrast between Japan & China when it comes to continues to be a highly trusted source of trusting experts & influencers on social media with trust information even in the digital age much higher in China & lower in Japan Korea relatively low trust in many sources of While people spend more time watching TV news or information with the most highly trusted reading news websites, the time spent on following source being TV news (71%) influencers or celebrities on social media is less than usual Consumers from around the world rely on These times of uncertainty & gravity appear to have led to information from TV news & government consumers to spend their time on more serious & reliable websites. A slight decrease can be observed in sources of information trusting the information on social media How much do you trust the following sources of information? International consumers rely on information from Government websites and TV news.
    [Show full text]
  • Japan Corporate Credit Spotlight
    Makiko Yoshimura Japan Corporate Director Corporate Ratings Credit Spotlight Katsuyuki Nakai Director October 22, 2020 Corporate Ratings Hiroki Shibata Senior Director Corporate Ratings Advertising; Electronics; IT Services; E-Commerce; Telecom And Investment Holding Companies This report does not constitute a rating action. Japan Corporate Credit Spotlight Sector Comments Pages 3 - 13 Advertising Electronics Appendix IT Services Pages 14 - 16 E-Commerce Telecom And Investment Holding Companies All graphics show data for companies studied. Sector Comments Pages 3 - 13 Advertising Outlook: Negative Gradual Recovery After Temporary COVID-19 Hit Trend And Changes – Advertising revenue, which is vulnerable to economic downturns, will contract more sharply than Japan's GDP during the COVID-19 pandemic. – Digital media will likely lead a recovery thanks to cost advantages and demand for marketing data. – Companies in this study are among domestic leaders in digital advertising and media. – Competitive differences among Japan-based and overseas advertisers will not change significantly as all face similar conditions. – Future creditworthiness of the companies studied largely hinges on their financial standings. Key Assumptions – Total advertising revenue in Japan in fiscal 2021 will not recover to fiscal 2019 levels, despite the contribution from internet advertising. – Profitability of the companies studied will not recover to pre-COVID-19 levels in the coming one to two years despite cost reductions. – COVID-19's degree of impact on the companies studied will differ according to their financial health before the crisis. 4 Advertising Risks And Key Credit Drivers: – A resurgence of COVID-19 further souring advertising clients' appetites. – Priorities for use of cash flow, such as growth investments and shareholder returns, under difficult conditions.
    [Show full text]
  • Strong in the New Normal 2.0
    Strong in the New Normal 2.0 CORPORATE REPORT 2020 MISSION Contribute to society by creating value through innovation and entrepreneurship Our Philosophy Empowering people to realize their hopes and dreams. Embracing new thinking. The Rakuten Group’s mission is to contribute Rakuten changes the world through innovation. to society by creating value through innova- tion and entrepreneurship. By providing high-quality services that help our users and partners grow, we aim to VISION advance and enrich society. To fulfill our role as a Global Innovation Global Innovation Company Company, we are committed to maximizing both corporate and shareholder value. At Rakuten, we drive disruptive innovation, engaging knowledge, creativity and passion from around the world to achieve ambitious goals, and help build communities in which people can pursue their dreams and live in happiness. VALUES AND PRINCIPLES Rakuten Shugi (Rakuten Basic Principles) The core values of the Rakuten Group, along with the values and principles understood and practiced by Rakuten employees, embody Rakuten Shugi. The two components it consists of are the Brand Concepts and Five Principles for Success. With Rakuten Shugi as a common foundation, we place high value on the entrepreneurial spirit that drives us to get things done. By working with local communities and nurturing a robust corporate culture enabling each member of our diverse team to perform at their best, the Rakuten Group is committed to boosting corporate value and contributing to progress in society. 2 Rakuten Group, Inc. Corporate Report 2020 Contents Introduction 2 Business Strategies for Further Growth 24 Rakuten’s Governance 47 A Massive Expansion of Rakuten Ecosystem Amidst a Core Businesses 1 Conversation Once-in-a-century Digital Transformation of Society 2 E-commerce services show strong growth alongside Sarah J.
    [Show full text]
  • Cebit2017 Japan Pavilion List of Exhibitors As of 25Th Jan 2017 JETRO Trade Fair Department
    CeBIT2017 Japan Pavilion List of exhibitors as of 25th Jan 2017 JETRO Trade Fair Department *alphabetical order by zone Zone Name of Exhibitors URL 1 Life/Office/Society ABEJA, Inc. http://www.abeja.asia/ 2 Life/Office/Society Afro Co., Ltd. https://www.afro.co.jp 3 Life/Office/Society AISIN SEIKI Co., Ltd. http://www.aisin.com 4 Life/Office/Society Asahi Kasei Corp. http://www.asahi-kasei.co.jp/asahi/en/ 5 Life/Office/Society Asterisk, Inc. https://asreader.com/ 6 Life/Office/Society Broadband Tower, Inc. http://www.bbtower.co.jp/en/corporate/ 7 Life/Office/Society Canon Inc. http://global.canon/en/ 8 Life/Office/Society CEATEC JAPAN http://www.ceatec.com/ 9 Life/Office/Society CENOTE Inc. http://cenote.tech 10 Life/Office/Society Cerevo Inc. http://cerevo.com 11 Life/Office/Society Classmethod https://classmethod.jp/company/english/ 12 Life/Office/Society Craftar Inc. http://www.craftar.co.jp/ 13 Life/Office/Society CS-COMMUNICATION Co.,Ltd. http://www.cs-com.co.jp/ 14 Life/Office/Society Dai Nippon Printing Co., Ltd. http://www.dnp.co.jp/eng 15 Life/Office/Society Data Stadium Inc. https://www.datastadium.co.jp/en/index 16 Life/Office/Society DENSO CORPORATION https://www.denso.com/global/en/ 17 Life/Office/Society Design M Plus, Inc. http://www.design-mplus.com/en 18 Life/Office/Society Dynamic Map Planning Co., Ltd http://dynamic-maps.co.jp 19 Life/Office/Society Epson Europe B.V. http://global.epson.com/ 20 Life/Office/Society Falcon Denshi K.K. http://www.falcon-denshi.co.jp/en/index.shtml 21 Life/Office/Society Forum8 Co., Ltd.
    [Show full text]
  • FY2021 First Quarter Consolidated Financial Results Appendix
    FY2021 First Quarter Consolidated Financial Results Appendix May 13, 2021 Rakuten Group, Inc. Consolidated Results 1 Q1/21 Revenue and Operating Income*1 (JPY bn) Q1/20 Q1/21 YoY Core Business*2 Revenue 257.4 285.3 +10.8% Operating Income 32.5 42.1 +29.4% Non-recurring / Investments*3 Revenue 31.8 35.5 +11.6% Operating Income 1.0 37.7 +36.7 Future Growth Investments*4 Revenue 80.7 111.4 +38.1% Operating Income -49.9 -111.3 -61.3 Adjustments Revenue -38.5 -40.8 -2.3 Operating Income -1.7 -0.1 +1.6 Consolidated Revenue 331.4 391.5 +18.1% Non-GAAP Operating Income -18.1 -31.6 -13.4 IFRS Operating Income -24.1 -37.3 -13.3 *1 From Q1/20, some figures have been retroactively revised due to changes in Rakuten General Insurance's revenue accounting method, etc. *2 Includes Ichiba, Travel, Rakuten Rewards (Ebates), Card, Bank, Life Insurance, etc *3 Includes Securities, General Insurance and Investment Business *4 Includes Logistics-related investments, Mobile, Payment, NBA broadcasting rights, Rakuten Rewards (Ebates) rebranding costs, etc 2 Massive Expansion of the Rakuten Ecosystem Consistent growth towards target Membership Value of JPY 10tn Membership Value Target Cross JPY 10tn Use x x Unique Q1/21 Uniquex LTV Membership Value UsersUser JPY 8.7tn +42.6% YoY * Mobile business is not included in the above calculation 3 Rakuten Ecosystem Membership Value Membership Value climbed 42.6% YoY from user expansion of Ichiba, Securities and improved gross profit due to increased usage frequency (JPY tn) +1.07 +0.01 8.7 +0.48 +1.06 6.1 Active user growth in Revenue growth and retention • Rakuten Ichiba improvement in • Rakuten Bank, etc • Rakuten Ichiba • Rakuten Securities, etc.
    [Show full text]
  • Japan Rebooted a Time to Embrace Change
    Successful Japanese organisations will need to embrace change and begin their transformational journey Japan Rebooted A time to embrace change www.pwc.com.au/asia-practice At a glance $1.56bn Amount invested (¥160bn) by Japanese venture capital funds in 2013, falling way short of the more ⅓ than $25bn a year invested by Foreign investors US venture capital funds. now own almost one third of the stock of major Japanese 92% corporations. Percentage of Japanese companies yet to put in place plans to promote returning expatriates to executive levels. 20% Percentage of the world’s patents that are filed by % Japan, just behind 50 the 25 per cent The number of Japanese students filed by the US. in American universities has fallen by half in the decade to 2012. 1% Women accounted for just above 1 per cent of executives $140bn at major Japanese The amount of R&D investment by companies in Japan Inc. over the past decade. January 2013. All monetary amounts shown in this report are denominated in US dollars (unless otherwise stated). Japan Rebooted: A time to embrace change 2 Embracing change Corporate Japan is undergoing tremendous change against a backdrop of new government policies designed to stimulate growth in the economy, which as we know has remained stagnant for a considerable period of time. With change comes many challenges. Japan continues to play an important role in helping shape the global economy with its current financial wealth, leading-edge technologies, workforce dedication and standards for quality. These continue to allow Japan Hiroyuki Suzuki to maintain a position that many countries envy.
    [Show full text]
  • FY2020 Second Quarter Consolidated Financial Results
    FY2020 Second Quarter Consolidated Financial Results August 11, 2020 Rakuten, Inc. Consolidated Results 1 Q2/20 Results Highlights Consolidated revenue: +13.4% YoY Global GTV: +12.6% YoY Domestic E-Commerce GMS growth: +15.2% YoY －Shopping E-commerce GMS* growth +48.1% YoY GAAP OI: JPY 3.3bn due to sale of OverDrive － Non-GAAP OI: JPY -32.6bn due to mobile business and logistics investment Rakuten diversified ecosystem enabled solid growth －FinTech: Revenue growth +19.5% YoY, Non-GAAP OI +24.2% YoY －Businesses such as travel were negatively impacted by COVID-19, but showing gradual recovery Mobile business: Achieved 1mn applications * Shopping E-commerce = Ichiba + 1st party (Fashion, Books, Rakuten24 (Direct), Net super + Open EC(Rebates, Checkout) + Rakuma 2 Q2/20 Business Summary 1. Strong Business Growth Amidst the Pandemic 2. Investing to Capture EC Growth Opportunities -Change of consumer behavior -Logistics and quality improvement activity 3. Steady MNO customer acquisition 4. RCP (Rakuten Communications Platform) strategy 5. Strength of Rakuten Ecosystem 3 1. Strong Business Growth Amidst the Pandemic 4 Business Strategy for Future Growth Revenue +9.4% YoY ■Q2/20 Revenue / OI OI +1.2% YoY Core Businesses*1 (excl. Rakuten Travel) Revenue +15.1% YoY OI +19.8% YoY Growth Investment Phase Phase Businesses*2 Businesses*3 Revenue Revenue +64.7% YoY +27.2% YoY *1 Includes Ichiba, Travel, Rakuten Rewards (Ebates), Card, Bank, Life Insurance, etc *2 Includes C2C and 1st party businesses, etc *3 Includes investment in Rakuten mobile
    [Show full text]