March 28, 2019
  • RAKUTEN, INC.

Announcement of Segment Changes

 

  Rakuten, Inc. (hereafter the “Company”) announces that at a Board of Directors meeting held today, it resolved to change segment reporting from Q1/2019.

  In conjunction with the planned reorganization of our group companies through a company split on April 1, 2019, at the Board of Directors meeting held today, we have decided to add a “Mobile” segment to the current reporting segments of “Internet Services” and “FinTech” to form three reporting segments. The “Mobile” segment is comprised of business operations engaging in messaging and communication services, and sales of mobile devices etc.

  Calculation of segment revenue, segment profit or loss and other financial figures related to the new reportable segment for the current fiscal year is under way.

*Please note that the information contained in press releases is current as of the date of release.

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