Rakuten Group Q3 revenue rises 10.9% to record 628.6 billion yen
Reuters
Yesterday
Rakuten Group Q3 revenue rises 10.9% to record 628.6 billion yen
Rakuten Group Inc. reported consolidated revenue of 628.6 billion yen for Q3 FY2025, up 10.9% year-on-year, marking a record high for the third quarter. Consolidated Non-GAAP operating income reached 38.6 billion yen, an increase of 212.8% year-on-year, while IFRS operating income rose to 8.0 billion yen, up 1,379.7% year-on-year. For the January to September period, Rakuten achieved a consolidated IFRS operating income of 1.3 billion yen, marking its first profitable Q1-Q3 period in six years. EBITDA for the quarter reached a record 118.7 billion yen, up 28.8% year-on-year. All three business segments-Internet Services, FinTech, and Mobile-recorded year-on-year revenue growth. The FinTech segment reported revenue of 250.5 billion yen, a 20.3% increase, and Non-GAAP operating income of 55.2 billion yen, up 37.9%. Rakuten Securities surpassed 13 million general securities accounts and achieved record-high quarterly revenue. Rakuten Payment saw Non-GAAP operating income rise 78.8% year-on-year to 2.6 billion yen. The International business unit reported revenue of 486.9 million dollars, up 5.4% year-on-year, and Non-GAAP operating income of 4.2 million dollars, up 78.8%.
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