fy2021 third quarter consolidated financial results video
TRANSCRIPT
FY2021 Third QuarterConsolidated Financial ResultsVideo Presentation
November 11, 2021
Rakuten Group, Inc.
2
CFO Presentation
3
Consolidated Revenue Growth: +12.6% YoYIFRS operating income improved by 32.3 billion yen YoY due to gain resulting from the step acquisition of Altiostar.
Improved profitability of other internet services.
Acceleration of Rakuten Ecosystem’s autonomous growth:Preparation underway for Rakuten Bank IPO, incorporation of Rakuten Symphony, and consideration of capital and business alliance.
FY2021 Q3 Financial Highlights
4
Revenue increased by double digits YoY due to strong growth in domestic e-commerce businesses such as Rakuten Ichiba and Rakuten Seiyu Netsuper.
Q3/21 Consolidated Results Summary
(JPY bn)
Q3/20 Q3/21 YoY
Revenue 361.4 406.9 +12.6%
Non-GAAP Operating Income -28.7 -57.7 -29.1
Non-GAAP Operating Income
Excluding Mobile, Logistics and Investment Business41.2 48.0 +16.5%
IFRS Operating Income -39.8 -7.5 +32.3
5
-28.7
-0.5
33.3
+6.0+5.7
・ Logistics-related investments, costs: +3.7bn
-105.2
3.7
-57.7
-1.1
-61.5
43.8
-0.1
・ Rakuten Rewards (Ebates)
rebranding costs: +0.7bn・Improvement of sports and
overseas businesses
* “Internet Others” segment mainly includes overseas EC businesses and sports related businesses
Q3/21 Non-GAAP Operating Income Breakdown
FinTech
(JPY bn)
Q3/20Operating
Loss
Q3/20Loss fromMinority
Investment
Q3/20Operating
Income(excl. Minority
Investment and Mobile Segment)
Q3/21Operating Income
(excl. Minority Investment and
Mobile Segment)
Internet Others*
(excl. Minority Investment
business)
Domestic EC
Q3/21Profit from
Minority Investment
Q3/21Operating
Loss
Q3/20Loss from
Mobile Segment
Q3/21Loss from
Mobile Segment
Consolidation adjustment
・ Impact of Cashless return subsidies recorded at Rakuten Card in Q3/20 ・Upfront investment
such as system investment and customer acquisition
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Improved Profitability of Other Internet Services
Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21
+JPY 5.7bnYoY
Cost reduction through thorough business management
Other Internet Services Operating Profit(Excludin g gain / loss from Minority Investme nt)
Main improvement factors
Improvement of sports and overseas businesses
Completion of rebranding
Profitability improved due to cost reductions accomplished through business concentration and selections made by our Business Portfolio Committee, and the gradual return to normal business activity. This has led to significant profitability improvements across our other internet services.
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Q3/20 Q3/21 YoY
Non-GAAP Operating Income -28.7 -57.7 -29.1
Amortization of Intangible Assets (PPA) -2.6 -1.3 +1.3
Stock Based Compensation -2.4 -2.3 +0.1
One-off items -6.1 53.8 +60.0
IFRS Operating Income -39.8 -7.5 +32.3
Q3/21 Non-GAAP Operating Income Reconciliation
(JPY bn)
* One-off items include a gain of 59,496 million yen related to the step acquisition of Altiostar Networks, Inc. as a wholly owned subsidiary, and a cost of 5,578 million yen due to an increase in the provision for customer points due to the revision of Rakuten Point's terms and conditions. etc.
Recorded a gain on the step acquisition of Altiostar in one-off items
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Acceleration of the Rakuten Ecosystem’s Autonomous Growth
Rakuten Group, Inc.
Rakuten Mobile, Inc.
Rakuten Card Co.,
Ltd.
Rakuten Payment,
Inc.
Other Domestic and Overseas
Subsidiaries etc,
Rakuten Symphony
(Virtual organization)
Rakuten Communications
Corp. etc.
Rakuten Securities,
Inc.
Rakuten Insurance
Holdings Co., Ltd.
Rakuten Investment
Management, Inc.
Rakuten Edy, Inc.
Rakuten Wallet, Inc.
Rakuten Bank, Ltd.
Internet Service Business
Mobile Business
FinTechBusiness
Payments Business
Milestones to date and current Group structure (as of the end of September 2021)
Aiming to enhance the financial base of the entire Rakuten Group and accelerate the autonomous growth of the Rakuten Ecosystem.
April 2019 Transition to new Group structure
April 2021 Changed company name to Rakuten Group, Inc.
September 2021: Preparations started for Rakuten Bank IPO; decision to incorporate Rakuten Symphony;
consideration of capital and business alliance
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PBR 6.0-10.0xPBR 0.4-2.0xMUFG
SMBC
Mizuho
Seven Bank
Aeon Financial
Service
PagSeguro
TCS Group
KakaoBank
Nubank
etc.
(Brazil) (Korea)
(Brazil)(Russia)
Conventional banks Challenger banks and digital banks
Rakuten Bank Aims to Establish a New Banking Model as an Industry Pioneer
* PBR based on Bloomberg data.* Nubank is based on news information since it is unlisted company
Bank of America
JPMorgan Chase
HSBC
UBS Group
etc.
10
Maintaining Credit Ratings by Domestic Rating Agencies
In October 2021, JCR and R&I announced that Rakuten Group’s credit rating would be maintained.
JCR R&I
Long-term A A-Short-term J-1 a-1
Outlook Negative Stable
Release date Oct 4, 2021 Oct 15, 2021
ResultCredit rating
maintainedCredit rating
maintained
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Massive Expansion of the Rakuten Ecosystem
While FinTech continued its strong performance, membership value decreased due to e-commerce-related membership value dropping after surging last year during the pandemic. However, 2 Year CAGR for membership value increased by 16%.
*Mobile business is not included in the above calculation.
UniqueUser
CrossUse
LTVUniqueUsers
-11.3% YoY
Q3/21Membership Value
JPY 7.0tn
Membership Value Target
JPY 10tnx x
x
+16%
2 Year CAGR
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Domestic E-Commerce
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Q3/21 Shopping E-Commerce GMS: +8.7% YoYRakuten Ichiba continued to grow steadily. Growth continues even after factoring in the increased demand arising from stay-at-home trends that began last year.
Ratio of users who made a purchase on Ichiba in Q2/21 and repeated in Q3/21: 75%Increased customer loyalty has led to increased cross-use with other Rakuten services.
By collaborating with Japan Post to run new fulfillment centers and introduce other new initiatives, we aim to deliver greater convenience to our stakeholders and reduce costs by improving operational efficiency.
Domestic E-Commerce Highlights
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Domestic E-Commerce / Shopping E-Commerce GMS*1*2
*1 Domestic e-commerce GMS comprised of Ichiba, Travel GTV on checkout basis, Books, Golf, Fashion, Dream businesses, Beauty, Delivery, Rakuten 24 and other direct daily necessities shops, Auto business, Rakuma, Rebates,
Rakuten Seiyu Netsuper, etc. (*Excludes some tax-exempt businesses, includes consumption tax.)
*2 Shopping e-commerce=Ichiba + 1st Party (Rakuten Fashion, Books, Rakuten 24 and other direct daily necessities shops, Rakuten Seiyu Netsuper) + Open EC (Rebates, Rakuten Pay online payments) + Rakuma.
Q3/21 Domestic E-Commerce GMS
+7.6%
YoY
8.7%+YoY
Q3/21 Shopping E-Commerce GMS
JPY1.2tn
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*Domestic e-commerce = Ichiba, Travel, Books, Golf, Rakuten Fashion, Dream businesses, Beauty, Rakuten 24 (daily necessities), Logistics, Auto business, Rakuma, Rebates, etc.
Domestic E-Commerce Results*
Revenue grew +13.3% YoY, even after last year’s increased demand for e-commerce and the boost provided by the Go To Travel Campaign. Operating Income grew +39.0% YoY due to growth of existing businesses and the succession of the Logistics business to JP Rakuten Logistics.
(JPY mm)
16
+3.0
15.421.4
-0.6
17.8
+3.6
July 2021Succession of Rakuten-operated logistics business to JP RakutenLogistics.
・Continuous expansion of Ichiba.
・Travel improved QoQ. YoY
slowdown due to Go To Travel Campaign in 2020.
Domestic E-Commerce Operating Income Breakdown
(JPY bn)
Growth of marketplace businesses・Rakuten Ichiba・Rakuten Travel・Rakuten GORA, etc.
Investment phase businesses・Rakuten 24 (daily necessities)・Rakuma・Rakuten Books・Rakuten Fashion・Rakuten BIC・Rakuten Seiyu Netsuper, etc.
Logistics-related investments and costs, etc.
Q3/20 Domestic E-Commerce
Operating Income
Q3/21 Domestic E-Commerce
Operating Income
Q3/21 Domestic E-Commerce
Operating Income(Excl. logistics-related investments/costs)
1717
E-Commerce Penetration Rate in Japan is Increasing Year After Year
*Based on METI’s FY2020 Industry and Economy Research Project (Market Research on E-Commerce) Report.
In 2020, E-commerce penetration growth exceeded the annual average.Continued growth is expected going forward
・・・
■E-commerce penetration rate
for BtoC product sales
1818
Rakuten E-Commerce Services GMS Growth Exceeds Industry Standards
20/1
0
21/8 20/1
0
21/8 20/1
0
21/8
vs. Jan 2020 change rate vs. Jan 2020 change rate vs. Jan 2020 change rate
vs.
Retail industry sales
vs.
Supermarket sales
vs.
Travel agency industry GTV
*METI, Commercial Sales Value by Type of Business and Value from Same Month/Period of the Previous Year.
*Japan Tourism Agency, Flash Report on Major Travel Agency Transaction Amounts.
*National Supermarket Association of Japan, Supermarket Sales Statistics Survey.
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Ratio of users who made a purchase on Ichiba in Q2/21 and repeated in Q3/21
Approx.75%
New and returning customers who used Ichiba in 2020 are here to stay.
Purchase frequency per user continues to increase along with the increased number of users making purchases.
Rakuten Ichiba Maintains High User Loyalty
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+30.2%YoY
(Rakuten Ichiba)
Q3/21 Rakuten Ichiba × Rakuten Fashion Users
YoY Cross-Use GrowthQ3/21 Rakuten Ichiba × Rakuten Seiyu Netsuper Users
YoY Cross-Use Growth
+37.1%YoY
Rakuten Ichiba + Other E-Commerce Services Cross-Use Expansion
(Rakuten Ichiba)
2121
Users Merchants
■Creation of seamless delivery network usingexisting centers
■Creation of shared logistics centers
■Creation of new digital transformationplatform for logistics
■User UX improvements
Combining orders in one delivery
Meeting diverse pick-up needs
■Shorten delivery lead time
Began offering same-day deliveryExpanded area for next-day delivery
■Improving logistics
efficiency in terms of costs and operations
■Merchant revenue growth
via increased logistics efficiency
Improving Satisfaction for All Stakeholders
2222
Tested drone deliveries in mountain region of Hakuba Village, Nagano Prefecture
Opened Rakuten Fulfillment Center Chuorinkan
・Place: Yamato, Kanagawa・Total area: approx. 95,000 square meters・Leased area: approx. 42,000 square meters
・Nagareyama (RFC)・Narashino (RFC)・Sagamihara (Rakuten Direct)・IchikawaⅡ (Rakuten books)・Ichikawa Ⅳ (Rakuten Fashion)・Tama (by 2023)
RFC Chuorinkan
・Hirakata (RFC)・Kawanishi (Rakuten Direct)・Fukuoka (by 2023)・Yao (by 2023)
Japan’s first round-trip drone delivery involving supply drops conducted beyond visual line of sight and without observers.
regional revitalization
Contribute to reduced CO2 emissions and regional revitalization.
Preparations are underway in Tama, Yao and Fukuoka.
JP Rakuten Logistics: Initiatives for Logistics Expansion and Greater Convenience
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Society Customers Partners
Provided Rakuten-led workplace vaccinations to hotel staff.
Shared expertise and supported regional large-scale vaccination
operations.
Vaccination Project Financial support for hotelsClearly displayed
COVID-19 countermeasures
Rakuten Travel COVID-19 Initiatives
Provided faster payment cycle.Provided safe and secure travel.
24
FinTech
25
Customer base expansion:A strong FinTech ecosystem anchored by Rakuten Card
Customer wallet share expansion strategy: Half a million second Rakuten Cards issued by September 30
Rakuten Card’s mid-term goal: Contribute to the growth of FinTech companies and the Rakuten Group as a whole by establishing and aiming for the “Triple 3”
FinTech Highlights
26
Revenue increased by steadily expanding the customer base and “main service” usage rate of all FinTech services.In addition to the impact of government subsidies for the promotion of cashless payments in Q3 2020, Rakuten Card's profits declined as a result of upfront investments such as system investment and new Rakuten Card user acquisition for the post-pandemic market . At the same time, Rakuten Card’s presence in the industry is steadily increasing.
*Insurance includes Life Insurance, General Insurance, Pet Insurance and Insurance Agency. Detailed data is shown in the Appendix.*Bank: Joint venture in Taiwan (RAKUTEN INTERNATIONAL COMMERCIAL BANK CO., LTD.) became a consolidated subsidiary in Q2/20, which is not included in the figures above.
FinTech Results Summary
Revenue YoY Operating Income YoY
Card 68.5 +5.4% 9.8 -15.0%
Bank 25.5 +7.5% 7.3 +8.8%
Securities 22.0 +17.1% 4.0 -10.7%
Insurance 23.8 -11.2% 1.9 +2.1%
Payment 9.6 +16.4% -0.9 +0.8
Others 1.5 +1.3% -0.8 -0.4
FinTech Total 150.9 +4.8% 21.2 -5.1%
• Impact of government subsidies for the promotion of cashless payments in Q3 2020:Approx. JPY 1.1bn
• Increase in depreciation costs due to system renewal: Approx. JPY 0.5bn
• Marketing investment for customer acquisition, etc.
(JPY bn)
27
FinTech Customer Base Expansion
*Includes the issuance of a second Rakuten card per cardholder, which began full-scale in June 2021.
Sep/21 Rakuten Cards Issued* Sep/21 Rakuten Bank Accounts Sep/21 Rakuten Securities Accounts
23.90mm
YoY+15.2%
11.38mm
YoY+20.4%
6.67mm
YoY+41.1%
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21.4%
Rakuten Card: Shopping GTV +23.3% YoY, Market Share Expanded to 21.4%
Jan/16 Jan/17 Jan/18 Jan/19 Aug/21Jan/20
+23.3%YoY
9.9%
Share doubled in 5 years
Q3/21 Card Shopping Transaction Value *1 Shopping GTV market share in Japan *2
*1 Calculated on a managerial accounting basis, using different definitions from data in the Appendix. Detailed credit card data is shown in the Appendix.*2 Ministry of Economy, Trade and Industry, Specified Service Industry Statistics Survey, Credit Card Industry.
29
Usage of Rakuten Bank accounts as customer’s "main account" has made great progress, with sustained high growth for payroll accounts and an increasing number of transactions.
Rakuten Bank: Significant Progress in Becoming More Customers’ Main Account
Sep/21 Payroll account numbers Q3/21 Number of transactions
YoY YoY
+15.5%+59.0%
30
Rakuten Securities’ customer base expansion is the best in the industry. The number of investment trust accounts is 1.88 million, of which 77% are paid for using Rakuten Card. The total of monthly saving amountincreased 162.5% YoY to 70.1 billion yen per month.
Rakuten Securities: Expansion of Asset Building Services
Rakuten Cardpayment ratio
Number of accumulation-type investment trust accounts Accumulation-type investment trusts: Amount purchased
Sep/20 Dec/20 Mar/21 Jun/21 Sep/21Sep/20 Dec/20 Mar/21 Jun/21 Sep/21
1.88mmJPY 70.1bn
+162.5%Yo Y
+122.5%Yo Y
77%
31
Life Insurance began offering dementia insurance in August, which has sold well. General insurance sales are being driven by online sales of both auto insurance and fire insurance.
Insurance Business: New Contract Acquisition Increasing Despite Pandemic
Jan/21 – Sep/21 Life insurance New Sales (ANP) Jan/21 – Sep/21 General insurance New Sales (ANP)
*Personal products only.
YoYYoY
Life Insurance General Insurance
*Excludes mortgage loan group credit life insurance.
+28.4%+21.6%
32
In August 2021, we released new features for the Rakuten Pay app with expanded functionality for users. This succeeded in introducing customers to other Rakuten Group services.
Rakuten Payment: Cross-Use Contribution to Rakuten Group Through Rakuten Pay App
+171%
*1 Comparison between July 27-31, 2021 and August 27-31, 2021.*2 Comparison between July 27-August 1, 2021 and August 27-September 1, 2021
+166%
+64%
Rakuten PashaNumber of new registrants*1
*Features originally implemented in August 2021. Continuing to expand content.
Rakuten CheckApp downloads*1
Coupon siteNumber of visitors*2
Cross-use contributions
33
New initiatives launched in October 2021. The number of Rakuten Pay merchants is increasing rapidly.
Rakuten Payment: New Initiatives to Increase Merchant Numbers
Number of Rakuten Pay applications *
Approx.10x
*Comparison of the number of applications for small and medium-sized merchants in 2020 and the forecast for 2021.
• Support for small and medium-sized merchants• Rakuten Pay QR payments effectively free of
charge (from October 2021)• Card reader gift campaign also underway
34
The loyalty of Rakuten Card members continues to grow, and the per capita usage amount has increased.
Rakuten Card: Results of Issuing Second Card to Current Cardholders
*Comparison of April 2021 and August 2021 for members who applied for a second card in June 2021.
0.5mm
Number of second Rakuten Cards issued at the end of Sep/21 Comparison of amount spent per customer*
Exceeded
Before(1 card)
After(2 cards)
Unit price+16%I can earn more Rakuten points
35
Maintain a high growth rate and aim to hit the “Triple 3” targets.
Rakuten Card: Mid-Term Goal
Cards issued
Shopping GTV
GTV share
30million
30trillion JPY
24 million
11.6 trillion JPY
21.4% 30%
(October 2021)
(FY2020)
(August 2021)
36
With an annual transaction volume of 30 trillion yen, Rakuten Card commands a strong presence on a global scale.
Rakuten Card: Post-Triple 3 Outlook
JPMorgan
Chase
Citi Bank of
America
Rakuten Card Wells Fargo Barclays HSBC Rakuten Card Hyundai Card, Credit Saison,
89.7
61.1
42.1
15.5 14.4 13.09.6 7.9 5.1
30.0
After achieving Triple 3
Credit card transaction volume of major companies (FY2019)
*Calculated by Rakuten Card using various available statistical figures.
(JPY trillion)
37
Growth of Rakuten Card contributes to the growth of our FinTech companies and the RakutenGroup as a whole.
Rakuten Card: Why We Are Targeting the “Triple 3”
Number of Rakuten Bank accounts linked to Rakuten Cards for withdrawal*
Number of accumulation-type investment trust accounts and amount purchased
Rakuten Card Share of Rakuten IchibaGMS
2.9x
*Number of average monthly accounts set up in the three-month period prior to SPU benefits compared to the number of average monthly accounts set up in the year following SPU benefits.
Sep/17 Sep/18 Sep/19 Sep/20 Sep/21
設定金額 設定口座数
Oct/18: Started accumulation-type
investment trust paid by Rakuten Card
要更新
63%
69%
Jan/20 Sep/21
Number of account
Amount purchased
38
Expanding the customer base and profit base of Rakuten’s FinTech ecosystem using Rakuten Card as a point of entry.
Overall FinTech Strategy
Money Bridge
Rakuten Card
charge
Direct payments
from Rakuten Bank
SPU + 1x with Rakuten Card payment for insurance
premiums on certain products
Accumulation-type investment trust paid with a Rakuten Card
SPU + 1x with Rakuten Card
direct debittransactions
Expansion of
Ecosystem27.2%クロス
6mmaccounts
Number of cards issued
24mm*
11mmaccounts
Rakuten Bank
charge(Bank)
(Securities)
(Life Insurance)
(GeneralInsurance)
*Includes the issuance of a second Rakuten card per cardholder, which began full-scale in June 2021.
39
Mobile
40
Switching to Rakuten network started in 39 prefectures:Reducing reliance on partner’s roaming network
Steady expansion of customer base
Starting phase 2 with Rakuten Symphony
Mobile Highlights
41
Number of On-air Base Stations Increasing Steadily
30,055
4,738
17,564
Number of 4G base stations on-air
+10,000 base stations ready to go on-air subject to imminent delivery of
semiconductor components
94.3% → 96%in sight subject to
semiconductor supply
* Area map as of end of September 2021 (Population coverage: 93.3%)
* Night-time population coverage ratio
* The area map may not match the actual population coverage depending on the timing of aggregation and others
Google Data SIO, NOAA, U.S. Navy, NGA, GEBCO Londsat / Copernicus Data LDEO-Columbia, NSF, NOAA, SK telecom
(as of October 14 2021)
4G Population Coverage
43
Reducing Reliance on Partner Network Roaming
Date:From October 1, 2021
Areas:Locations within 39 prefectures
* Iwate, Yamagata, Yamanashi, Wakayama, Shimane, Kochi, Nagasaki, Kagoshima prefectures excluded
44
1GB or less
1-3GB
3-20GB
More than 20GB
980 yen/month
2,980 yen/month
0 yen/month
(2,178 yen inc. tax)
(1,078 yen inc. tax)
(3,278 yen inc. tax)
2,980No matter howmuch you use
Unlimitedyenper month
*1 For first line only. Product purchases, option fees, calls, etc. will be charged separately. For the customer’s second line and onwards, data usage of between 0GB and 3GB will be charged at 980 yen per month (1,078 yen inc. tax). *2 Unlimited high-speed data when connected to Rakuten base stations. To provide a fair service, restrictions on transmission speed may be implemented. Unlimited data at max 1Mbps after using the allocated 5GB for domestic roaming partner area and at max 128kbps after using the allocated 2GB for international roaming partner area. *3 At max 1Mbps, streaming video or downloading apps may take longer than usual. Transmission speed is best effort (the maximum speed of the standard). Actual transmission speeds may vary depending on the network environment.
*1
*2
Unlimited data In the Rakuten network areaUnlimited data at max 1Mbps in the domestic roaming partner area*3
1,980 yen/month
(3,278 yen inc. tax)
45
2.18 2.02 1.831.48
1.14 0.99
0.65 1.12 1.622.85 3.66 4.112.83
3.143.45
4.33
4.805.10
Apr/20 May/20 Jun/20 Jul/20 Aug/20 Sep/20 Oct/20 Nov/20 Dec/20 Jan/21 Feb/21 Mar/21 Apr/21 May/21 Jun/21 Jul/21 Aug/21 Sep/21
MVNO MNO
Steady Expansion of Customer Base
(million subscribers)
Number of MNO and MVNO subscribers
Last-minute demand before conclusion of the one-year free campaign
* Number of subscribers in Sep/21 are preliminary figures.* Number of MNO subscribers in Mar/21 has been revised from preliminary figure to confirmed figure.
46
33,543 38,151 38,934
43,969 45,369 44,179
55,805 51,462 54,941
(16,944)
(31,524) (35,407)
(53,825)(61,451)
(76,576)
(97,597) (99,686)(105,237)
Q3/19 Q4/19 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21
Revenue +21.1% YoY
Operating Loss -43.8bn YoY
• QoQ MNO revenue increase was greater than MVNO revenue decrease as users migrated to Rakuten UN-LIMIT VI with three months free campaign.
• Network related cost increased due to progress of network construction plan. • Switching from roaming service to Rakuten’s network should reduce roaming cost from Q2/22.
* Mobile segment includes Rakuten Communications, MNO business, MVNE & O businesses, Energy businesses, and contents businesses.* Rakuten Kobo, Rakuten Viki, Rakuten Viber, and others moved from mobile segment to internet service segment from Q2/21.
Mobile Segment* Results
(JPY mm)
47
Rakuten Symphony
48
Rakuten Mobile named a 5G Global LeaderOpensignal “5G Global Mobile Network Experience Awards 2021”
*1 Opensignal Awards – 5G Global Mobile Network Experience Awards, 2021, based on independent analysis of mobile measurements recorded during January 1 – June 29, 2021 © 2021 Opensignal Limited.
VisionConnect everything to fulfill its
potential for a sustainable future
PurposeEmpower industries, societies and
individuals to transform themselves through cloud, edge and automation
technologies
50
Differentiating with Trusted Transparency: For both technology and business models
Transparency for Solution TCO & SLAs
ComponentTransparency
(Pricing)
Product Choice(KPIs)
Solution Flexibility(TCO & SLAs)
Component Product Solution Integration Service
Transparency for Component Prices
Transparency for Product KPIs
Zero touch deployment
Radio Accessas-a-service
Edge-native open technology
architecture
HW-free upgrade path
Energy-efficient sustainable design
Meet SymwareA revolutionary generation-free solution
52
Symphony AppStoreRedefining telco productivity and efficiency
53
Removing Product Integration Complexities
RAN Core TransportCloud &
InfrastructureDX
API Gateway (TMF compliant)
Data Platform
Data Bus
CMaaSConfig Management
OBFObservability Framework
FacilityManagement
Inventory
IPAM
Network Planning
Business Intelligence
IT service Management
Security
ConfigurationManager
Performance Monitor
FaultMonitor
Automation Studio
KnowledgeManagement
54
Leading Telco Transformation
OpenRAN Greenfield Innovators
Early Brownfield Adopters
Majority Operators
2019 2021 2023 2025
This presentation includes forward-looking statements that reflect management’s current assumptions and expectations of future events, and accordingly, they are inherently susceptible to uncertainties and changes in circumstances and are not guarantees of future performance. Actual results may differ materially, for a wide range of possible reasons, including general industry and market conditions and general international economic conditions. In light of the many risks and uncertainties, you are advised not to put undue reliance on these statements. The management targets included in this presentation are not projections, and do not represent management’s current estimates of future performance. Rather, they represent targets that management strive to achieve through the successful implementation of the Company’s business strategies. The Company may be unsuccessful in implementing its business strategies, and management may fail to achieve its targets. The Company is under no obligation -and expressly disclaims any such obligation - to update or alter its forward-looking statements. Names and logos of companies, products, and services and such that appear in this material are trademarks or registered marks of their respective companies.