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Rakuten Inc (4755.T)

4755.T on Tokyo Stock Exchange

838JPY
18 Jan 2019
Change (% chg)

¥0 (+0.00%)
Prev Close
¥838
Open
¥835
Day's High
¥842
Day's Low
¥826
Volume
5,027,300
Avg. Vol
9,133,229
52-wk High
¥1,045
52-wk Low
¥700

Latest Key Developments (Source: Significant Developments)

Rakuten Agrees With Waterland Financial Holdings To Form Joint Venture To Start Banking Operation In Taiwan
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - Japan's Rakuten Inc <4755.T>::ANNOUNCEMENT CONCERNING AN AGREEMENT TO ESTABLISH A JOINT VENTURE ON THE PREMISE OF ACQUIRING APPROVALS ETC FOR A BANKING BUSINESS IN TAIWAN.REACHED AGREEMENT WITH WATERLAND FINANCIAL HOLDINGS TO FORM JOINT VENTURE TO START BANKING OPERATION IN TAIWAN.RAKUTEN BANK TO HOLD 50 PERCENT, RAKUTEN CARD 1 PERCENT, WATERLAND FINANCIAL 49 PERCENT.  Full Article

R&I affirms Rakuten's rating at "A-" and says stable outlook-R&I
Friday, 19 Oct 2018 

Oct 19(Reuters) - Rakuten Inc <4755.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-"-R&I.Rating outlook stable-R&I.  Full Article

Boku Signs Deal To Provide Carrier Billing Solutions For Rakuten Collection's E-Commerce Site
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Rakuten Inc <4755.T>::BOKU - SIGNED AN INITIAL DEAL WITH RAKUTEN COLLECTION TO PROVIDE CARRIER BILLING SOLUTIONS FOR RAKUTEN COLLECTION'S E-COMMERCE SITE.  Full Article

Walmart eCommerce U.S. Says Co, Kobo Launch Walmart Ebooks, Including New Audiobook Subscription For $9.99
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Walmart eCommerce U.S. ::WALMART AND KOBO LAUNCH WALMART EBOOKS, INCLUDING NEW AUDIOBOOK SUBSCRIPTION FOR $9.99.WALMART ECOMMERCE U.S. - WALMART EBOOKS TO BE ACCESSIBLE ON CO-BRANDED IOS & ANDROID APPS THAT LAUNCHED AUG.22, & ON KOBO EREADERS.WALMART ECOMMERCE U.S. - IN 1,000 STORES, WILL OFFER KOBO AURA STARTING LATER THIS WEEK.  Full Article

Rakuten announces group reorganization by corporate split
Monday, 6 Aug 2018 

Aug 6(Reuters) - Rakuten Inc <4755.T>:Says it resolved to implement reorganization within the group, effective April 1, 2019.Says the majority of the internet service business developed by the company will transfer to Golden Eagles,II,Inc., a wholly-owned subsidiary of the company.Says the shares etc of the company's Fintech business, excluding the shares of Rakuten Card Co., Ltd, a wholly-owned subsidiary of the company, will transfer to Rakuten Card Co., Ltd. .Says the company's MVNO (Mobile Virtual Network Operator) business will transfer to Rakuten Mobile Network Inc., a wholly-owned subsidiary of the Company.  Full Article

Rakuten Inc Announces Acquisition Of 9.6 Percent Of Gurunavi Shares
Monday, 30 Jul 2018 

July 30 (Reuters) - Rakuten Inc <4755.T>::RAKUTEN INC ANNOUNCES ACQUISITION OF 9.6 PERCENT OF GURUNAVI SHARES.  Full Article

Rakuten says partial succession of business by company split
Wednesday, 18 Jul 2018 

July 18(Reuters) - Rakuten Inc <4755.T>:Says the company has decided that the "Rakuten Manga" and "Comic Manga★ Manga Gakuen" business conducted by the company will be succeeded to Mediano Co., Ltd by way of a company split, with an effective date of Oct. 1.The Company plans to receive a payment of 41.3 million yen from Mediano Co., Ltd as a consideration of the company split.  Full Article

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

Photo

In Japan, a scramble for new workers disrupts traditional hiring

TOKYOIt's a rite of spring in Japan: Major corporations hire fresh university graduates en masse every April, starting them all at the same salary with assurances of rising pay and lifetime employment.