The less bumpy way to ride e-commerce = Rakuten (Seite 166)

[FlankerStan]

Rakuten shared the following metrics for its mobile segment for Q4 and full year 2022:

Rakuten shared the following metrics for its mobile segment for Q4 and full year 2022:

In FY2022, the Mobile segment recorded revenue of 368.7 billion yen, a significant increase of 62.0% YoY. Operating losses of 492.8 billion yen were recorded. After peaking in Q1 FY2022, operating losses continue to contract due to the increased number of paying customers in line with the end of the campaign offering one-year of free mobile service, increased ARPU (average revenue per user) due to subscribers transitioning to the new Rakuten UN-LIMIT VII service plan, reduced roaming costs as the Rakuten network coverage area expands and other factors.

100% of Rakuten Mobile subscribers became paying customers as of September, and as Rakuten UN-LIMIT VII’s essentially free-of-charge campaign came to a close at the end of October, ARPU increased from 837 yen in Q1 FY2022, before the announcement of the new service plan, to 1,805 yen in Q4 FY2022. Average monthly data usage also increased significantly from 9.5 GB in December 2021, before the new service plan was announced, to 18.4 GB in December 2022, contributing to increased ARPU.

The total number of MNO and MVNO subscribers reached 5.06 million as of the end of December 2022. New MNO subscribers have shown a net increase since December 2022.

The average number of Rakuten services used per Rakuten Mobile subscriber increased by 2.61 services, as Rakuten Mobile continues to promote cross-use within the Rakuten Ecosystem. For subscribers, the average annual purchase amount on Rakuten Ichiba increased 49% after subscribing to Rakuten Mobile.

The number of 4G outdoor base stations exceeded 52,003 as of December 31, 2022. The company aims to have 60,000 base stations in operation by the end of FY2023. In addition, the number of outdoor 5G base stations (outdoor Sub6 macro base stations) increased to 7,058 nationwide.

The company announced the full-scale launch of the Rakuten Mobile Business Plan, a mobile carrier service for business customers, from January 30, 2023. More than 600 businesses are already using the service, and the number of business subscribers is forecast to continue to increase.

Rakuten Symphony revenue increased significantly to US$231 million Q4 FY2022, up US$141 million over the previous quarter. Cumulative sales revenue since launch reached US$548 million.

https://convergedigest.com/rakuten-mobile-now-at-5-million-s…

[FlankerStan]

Eliminate domestic roaming of Rakuten Mobile end-2023, saving $1.4 billion annually

To eliminate domestic roaming of Rakuten Mobile by end-2023, saving JPY180 billion ($1.4 billion) annually

Rakuten chief sees growth path after costs plummet

14 FEB 2023 Joseph Waring

On an earnings call, Mikitani noted network construction and roaming costs will be reduced significantly by the end of 2023, which puts the company on the right path to establish a profit structure.

More than 95 per cent of data traffic was carried on its own network in Q4 2022, compared with 83 per cent in the comparable quarter of 2021. It aims to eliminate domestic roaming by end-2023, saving JPY180 billion ($1.4 billion) annually, he said.

Its operating loss fell to JPY112.6 billion from JPY118.7 billion in Q4 2021. Revenue increased 75.2 per cent to JPY114.4 billion, due in part to ARPU increasing with the transition to new pricing plans.

https://www.mobileworldlive.com/asia/asia-news/rakuten-chief…

[FlankerStan]

A jump of the share-price of Rakuten will after my estimates be seen soon,

when more investors explore the first positive Operating Cash Flow of the Non-Financial Buisinesses of 11.5 JPY bn in Q4/2022 after a lot of negative quarters in a row.

[FlankerStan]

Domestic E-Commerce GMS-growth of Rakuten was 12.3% from 5.0 trillion JPY (about $37.8 billion) in FY2021 to 5.6 trillion JPY (about $42.4 billion) in FY2022

FY2020 = 4.5 trillion JPY

FY2021 = 5.0 trillion JPY

FY2022 = 5.6 trillion JPY

Domestic e-commerce GMS (Excludes some tax-exempt businesses, includes consumption tax.) is the combined transaction amount for Rakuten Ichiba, Rakuten Travel (GTV on checkout basis), Rakuten Books, Books Network ,Kobo (domestic), golf business, Rakuten Fashion, Rakuten Dream businesses, Rakuten Beauty, Rakuten 24, Car, Rakuma, Rakuten Rebates, Rakuten Seiyu Netsuper, and cross boarder trading ,etc.

global.rakuten.com/corp/investors/documents/results/

[FlankerStan]

Operating Cash Flow of Non-Financial Buisinesses positive with 11.5 JPY bn in Q4/22

Very important news: Operating Cash Flow of the Non-Financial Buisinesses was positive after a lot of negative quarters in a row with 11.5 JPY bn in Q4/2022

Cash Flow Breakdown: January 2022 – December 2022: Operating Cash Flow = - 322.8 JPY bn
Cash Flow Breakdown: January 2022 – September 2022: Operating Cash Flow = - 334.3 JPY bn
Result is a positive Operating Cash Flow of 11.5 JPY bn

https://www.reddit.com/r/RakutenUndervalued/comments/11245wt…

[FlankerStan]

Gute Entwicklung

Q4/22 Consolidated Results Summary (JPY bn)
Q4/21 Q4/22 YoY
Revenue 481.2 563.2 +17.0%
Non-GAAP Operating Income -76.1 -69.7 +6.5
IFRS Operating Income -86.4 -76.8 +9.6
Operating Income (excl. minorityinvestment and Mobile segment) 43.6 49.2 +12.8%

https://global.rakuten.com/corp/investors/documents/results/

[FlankerStan]

zu 9133

Ich sehe die Entwicklung nicht als schwach, denn da sind ja noch immer Abgänge zu berücksichtigen, die mit einer Mininutzung nichts bezahlen wollten - denn die sind nicht alle gleich in dem Momant abgesprungen, wo auch eine Mininutzung zahlungspflichtig wurde.

[FlankerStan]

Latest IR Materials

Full Year and Fourth Quarter 2022
February 14, 2023
https://global.rakuten.com/corp/investors/documents/results/

[Kev0816]

break even auf Monatsbasis ist natürlich gemeint.

[Kev0816]

Die Entwicklung der Mobile Nutzer ist so erschreckend schwach. Sogar ein mini Rückgang im Vergleich zum Q4 2021. Das würde an ein Wunder gleichen wenn man im diesem Bereich 2023 einen break even zeigen kann, weil der Verlustrückgang im Vergleich zum Umsatzanstieg viel zu gering ist, mMn....