Rakuten wesentlich besser als Rocket

Rakuten Earnings: Stronger Fintech Outlook Amid Shrinking Mobile Losses; Lifting FVE to JPY 990

Kazunori Ito, Pujance Chan

Aug 12, 2024

We are raising our fair value estimate for Rakuten to JPY 990 from JPY 780, as we raise our fiscal-year 2024 and medium-term outlooks for the fintech segment, based on its robust top-line and profitability growth that has continuously exceeded our estimates in the past few quarters. Rakuten’s June-quarter revenue growth of 8.1% was higher than our expected 6.4%, mainly driven by the fintech business.

https://www.morningstar.com/stocks/XTKS/4755/quote

 

Strengthening Vietnam-Japan cooperation in ICT and semiconductor sectors

August 13, 2024 | 19:04

Vietnam and Japan are strengthening cooperation in ICT and semiconductors to tap into the two countries' potential, and to boost bilateral ties.

As part of the visit, the Vietnamese delegation also met with major mobile carriers NTT Docomo and Rakuten to discuss deploying 5G according to OpenRAN standards.

Japanese mobile carriers have basically deployed 5G OpenRAN, while Rakuten has mastered the entire cloud-based processing software system and now only purchases radar parts, thus significantly reducing investment costs.

https://vir.com.vn/...on-in-ict-and-semiconductor-sectors-113381.html
 

"2025 is already financed. There is no need to do further financing for that reason and domestic hybrid replacement."

Source: My notice from last Conference Call
 

August 2024 Open RAN Report (Dell'Oro Group)

The long-term position remains favorable and mostly unchanged.

The estimates for open RAN by 2028 are expected to account for >25 percent.

The forecast is more favorable outside of China, with Open RAN projected to comprise 30 to 40 percent of the revenues by 2028.

North America was the largest region in 2023 and is expected to lead the broader Open RAN movement throughout the forecast period.

After a slow start, Europe is projected to account for 15 to 20 percent of worldwide Open RAN revenues by 2028.

https://www.prnewswire.com/news-releases/...loro-group-302216635.html
 

https://seekingalpha.com/article/...-q2-2024-earnings-call-transcript  

Norbert Gehrke 2 days ago

https://medium.com/tokyo-fintech/...n-q2-fy2024-earnings-7a90c1b2dd0a
 

Rakuten Bank winner of "Euromoney Award for Excellence 2024"

https://www.rakuten-bank.co.jp/press/2024/240814.html