Overview

• Rakuten Group has decided not to pursue an IPO for its securities division, Rakuten Securities Holdings, on the Tokyo Stock Exchange.
• The company will focus on deepening collaboration with Mizuho Securities, which recently increased its stake in Rakuten Securities to 49%.
• Rakuten has been raising funds through asset sales and partnerships to address debt tied to its mobile network launched in 2020.
• In November 2024, Rakuten reported its first quarterly operating profit since 2020, driven by reduced losses in its mobile segment.
• The company faces 400 billion yen in bond redemptions by the end of 2025, underscoring the importance of its financial restructuring efforts.