Rakuten's mid-term financial results sales record high loss due to investment in mobile phone business August 11 18:50
Rakuten's business From January to June, the interim financial results of the entire group reached a record high with the increased use of online shopping due to the spread of the new coronavirus. However, due to factors such as a large investment in the mobile phone business, the final loss was over 20 billion yen.
Rakuten announced on the 11th, this year's interim financial results for the entire group from January to June increased by 15.7% from the same period last year to 678.7 billion yen, a record high for interim financial results ..
The main reason for this is that the use of Rakuten Online Market, a mail order service, has grown significantly due to the spread of new coronavirus infections and efforts to free shipping for certain purchases.
However, in the mobile phone business, investment in base station development was expensive, so the final profit and loss turned from a surplus of 100.2 billion yen in the same period last year to a deficit of 27.4 billion yen.
The final deficit in the interim results is the first time in nine years.
On the other hand, about the mobile phone business, Rakuten's president Hiroshi Mikitani said in an online interview that "construction of base stations is proceeding explosively", saying that the plan will be greatly advanced ahead of the existing plan, Has indicated its intention to bring the population coverage rate of Japan to 96%.