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dateMarch10, 2005
Investment in Kokunai Shinpan Co.

On March 10, 2005, Rakuten held an extraordinary board meeting and voted upon and agreed to make an investment in Kokunai Shinpan Co. Kokunai Shinpan is a consumer credit company based in Fukuoka City, Fukuoka Prefecture. The company offers credit card services, shopping credit services and card loan services. Rakuten, Inc. will take a 55.5% stake in the company and make it into a subsidiary company. (For full release, please refer to Japanese IR release.)

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