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Rakuten swung to operating profit, first in seven years, with strong growth in internet shopping and financial segments.
Rakuten Group swung to an operating profit of 50.4 billion yen in its consolidated interim results for the June 2026 period, marking its first return to the black for this period in seven years. Its internet shopping and financial businesses performed well, with adjusted operating profit from online shopping and other segments rising 54.8 percent year on year, and the financial segment climbing 46.6 percent. The mobile phone business narrowed its loss to 92.2 billion yen, while the number of subscriber lines grew 20 percent to 10.75 million. The net loss shrank significantly to 10.9 billion yen.
Rakuten swung to operating profit, first in seven years, with strong growth in internet shopping and financial segments.