Edition:
United Kingdom

Rakuten Inc (4755.T)

4755.T on Tokyo Stock Exchange

965JPY
19 Jan 2018
Change (% chg)

¥8 (+0.87%)
Prev Close
¥956
Open
¥956
Day's High
¥965
Day's Low
¥953
Volume
8,874,700
Avg. Vol
7,586,058
52-wk High
¥1,408
52-wk Low
¥952

Latest Key Developments (Source: Significant Developments)

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
Monday, 18 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 to merge with unit Rakuten Mart
Tuesday, 24 Oct 2017 

Oct 24(Reuters) - Rakuten Inc <4755.T>:Says it plans to merge with wholly owned unit Rakuten Mart Inc.Merger effective Feb. 1, 2018.Says the unit will be dissolved after the merger .  Full Article

R&I affirms Rakuten's rating at "A-" and says stable outlook-R&I
Tuesday, 17 Oct 2017 

Oct 17 (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

SoftBank telecoms IPO faces headwinds from govt-backed upstarts

* SoftBank telecoms IPO could be largest Japan listing in 20 yrs