Research analysts covering Rakuten Group.
Recent press releases and 8-K filings for RKUNY.
Rakuten Explores U.S. IPO for Credit Card Division
RKUNY
New Projects/Investments
Delisting/Listing Issues
- Japanese e-commerce and financial services giant Rakuten is exploring an initial public offering (IPO) for its credit card division, Rakuten Card, in the United States.
- Rakuten Card, which has issued over 30 million cards in Japan, was valued at over 1 trillion yen ($7 billion) last year.
- Despite operational efficiency, Rakuten faces financial challenges, including a negative EPS of -0.67, a net margin of -8.84%, and a debt-to-equity ratio of 6.6.
- Following the news of the IPO exploration, Rakuten's shares rose as much as 6.7%.
Oct 15, 2025, 6:55 AM
Quarterly earnings call transcripts for Rakuten Group.
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