Rakuten Securities, Inc. (President: Yuji Kusunoki. Head Office: Setagaya-ku, Tokyo), a consolidated subsidiary of Rakuten, Inc., today issued the attached press release relating to its consolidated financial reports (based on J-GAAP) for the Fiscal Year ended March 31, 2016.
Rakuten Group plans to announce consolidated financial reports for the three months ended March 31, 2016, on May 12, 2016 (Thursday).
In addition, Rakuten Group announces financial results based on IFRS. The attached financial results of Rakuten Securities, Inc. are based on J-GAAP, which has different accounting processes for transactions from IFRS.
The main difference will be JPY 2,988 million net gain on trading of investment securities for sale included as a part of operating revenue in the fiscal year of Rakuten Securities, Inc. ending March 31, 2016 (April 1, 2015 to March 31, 2016) which will not have any impact on the Consolidated Statements of Income of the Rakuten Group’s first quarter ending March 31, 2016. We only expect it to have an impact on the net assets part of the Balance Sheet.