・The Rakuten Group recorded its highest revenue ever for the second quarter of a fiscal year with consolidated revenue reaching 497.2 billion yen, up 9.7% year-on-year (YoY) in Q2 FY2023.
・The Rakuten Group recorded Non-GAAP operating losses of 39.4 billion yen in Q2 FY2023, a significant improvement of 41.0 billion yen YoY. Factors contributing to this marked improvement include reduced roaming costs due to the capital expenditure plan being revised in line with the new roaming agreement and the further development of Rakuten Mobile’s own base station network, as well as reduced customer acquisition and network-related costs. Rakuten Group’s consolidated Non-GAAP EBITDA was also profitable, recording 33.6 billion yen, an improvement of 50.3 billion yen YoY. The Rakuten Group expects to be Non-GAAP EBITDA positive on a consolidated basis for FY2023.
・Revenue in the advertising business in Q2 FY2023 grew significantly to 50.2 billion yen, achieving double-digit growth of 12.7% YoY*1. The business is on track to reach 200 billion yen in revenue for FY2023.
・In Q2 FY2023, the average number of monthly active users across the Rakuten Group in Japan*2 reached 40.5 million, up 8.2% YoY. The Rakuten Ecosystem customer base continues to expand, with the percentage of all users using two or more services over the past 12 months steadily increasing to 76.7%.