Rakuten's nine-month operating profit swings to roughly ¥90 billion as Rakuten Mobile's losses keep narrowing, though shareholders still see a net loss
Rakuten Group's IFRS operating profit swung to ¥89.9bn for the nine months to September, from just ¥1.3bn a year earlier, as Rakuten Mobile's losses kept narrowing and Fintech profit grew nearly 40% -- though the group's own shareholders still absorbed a ¥73.6bn net loss.
Rakuten Group, Inc. (楽天グループ株式会社), one of Japan's largest internet, e-commerce and fintech groups, reported revenue of ¥2,006.1bn for the nine months to September 30, 2026, up 12.2% year on year, with IFRS operating profit swinging to ¥89.9bn from just ¥1.3bn in the same period a year earlier, according to its consolidated results. Non-GAAP operating profit, the measure Rakuten uses to strip out items such as amortisation, more than doubled to ¥126.9bn, up 117.5%. The group's own shareholders still absorbed a net loss of ¥73.6bn, narrowed from ¥151.3bn a year earlier.