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Rakuten Inc (4755.T)

4755.T on Tokyo Stock Exchange

706JPY
19 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Rakuten units to transfer shares to intermediate holding company
Monday, 11 Jun 2018 

June 11(Reuters) - Rakuten Inc <4755.T>:Says its five wholly owned units, including Rakuten Life Insurance Co., Ltd., ASAHI FIRE & MARINE INSURANCE, and other three Tokyo-based insurance related units, will jointly transfer shares to an intermediate holding company, which will be established on July 2, and will be wholly owned by the company .  Full Article

Rakuten To Issue 200 Bln Yen To Enter Japan's Mobile Phone Service Market
Thursday, 19 Apr 2018 

April 19 (Reuters) - Nikkei::RAKUTEN WILL ISSUE AS MUCH AS 200 BILLION YEN TO PREPARE FOR ITS ENTRY INTO JAPAN'S MOBILE PHONE SERVICE MARKET - NIKKEI.RAKUTEN PLANS TO LAUNCH ITS SERVICE IN OCT 2019, INVEST ABOUT 600 BILLION YEN TO BUILD NECESSARY INFRASTRUCTURE - NIKKEI.RAKUTEN WILL FINANCE INVESTMENT WITH SUBORDINATED DEBT, TO BE ISSUED AS EARLY AS JUNE, AND BANK LOANS WORTH 400 BILLION YEN - NIKKEI.  Full Article

Rakuten completes repurchase of 82 mln shares for 100 bln yen
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Rakuten Inc <4755.T>:Says it completed repurchase of 82 million shares of its common stock, for about 100 billion yen in total, as of Dec. 18 .  Full Article

Rakuten And Bic Camera Expected To Sign Agreement To Set Up JV Early Next Year - Nikkei
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Nikkei: :RAKUTEN AND BIC CAMERA EXPECTED TO SIGN AGREEMENT TO SET UP A JV EARLY NEXT YEAR; TO WORK ON LAUNCHING E-COMMERCE SITE IN APRIL - NIKKEI‍​.  Full Article

Rakuten announces intent to enter into Mobile Network Operator (MNO) business
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Rakuten Inc <4755.T>:Says it intends to enter into the Mobile Network Operator (MNO) business .Says it will set up a new company and the service is scheduled to start in 2019 .The business will aim to acquire at least 15 million subscribers .  Full Article

Rakuten Plans To Raise Up To 600 Bln Yen By 2025 - Nikkei‍​‍​
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - Nikkei::RAKUTEN PLANS TO RAISE UP TO 600 BILLION YEN ($5.31 BILLION) BY 2025 TO INVEST IN BASE STATIONS AND OTHER INFRASTRUCTURE - NIKKEI‍​‍​.RAKUTEN PLANS TO APPLY AS EARLY AS JAN FOR WIRELESS FREQUENCIES CURRENTLY USED BY MINISTRY OF DEFENSE, OTHER BODIES - NIKKEI.  Full Article

Rakuten to transfer business to SynaBiz for 3 mln yen
Thursday, 7 Dec 2017 

Dec 7(Reuters) - Rakuten Inc <4755.T>:Says it will transfer a part of BtoB related business to SynaBiz Co.,Ltd, a subsidiary of aucfan Co.,Ltd <<<3674.T>>>, for 3 million yen .Effective March 30, 2018.  Full Article

Rakuten buys back 3.9 mln shares for 4.52 bln yen
Friday, 1 Dec 2017 

Dec 1(Reuters) - Rakuten Inc <4755.T>:Says it bought back 3.9 million shares for 4.52 billion yen in total from Nov. 1 to Nov. 30.Says this was part of the share repurchase plan announced on Feb. 21.Says it accumulatively repurchased 78.9 million shares for 96.68 billion yen in total.  Full Article

Rakuten buys back 2.1 mln shares for 2.59 bln yen
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Rakuten Inc <4755.T>:Says it repurchased 2.1 million shares of its common stock for 2.59 billion yen in total from Oct. 1 to Oct. 31.Says this was part of the share repurchase plan announced on Feb. 21.Says it accumulatively repurchased 75 million shares for 92.17 billion yen in total .  Full Article

Rakuten takes over MVNO business from Plus One Marketing
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Rakuten Inc <4755.T>:Says it took over MVNO business (except a part of service)in Japan, from Plus One Marketing Ltd, on Nov. 1 .The previous plan was disclosed on Sept. 26 .  Full Article

Rakuten weighs $1.8 billion bond issue to launch mobile service: Nikkei

Japanese e-commerce company Rakuten Inc will issue as much as 200 billion yen ($1.86 billion) to prepare for its entry into the country's mobile phone service market, the Nikkei business daily reported on Thursday.