February 25, 2026
  • RAKUTEN GROUP, INC.

Notice Regarding Differences in Non-Consolidated Financial Results between FY2024 and FY2025


  Rakuten Group, Inc. (Head Office: Setagaya-ku, Tokyo, Chairman and CEO: Hiroshi Mikitani, hereinafter “the Company”) hereby announces its non-consolidated financial results for the fiscal year ended December 31, 2025, which were approved at a meeting of the Board of Directors held today. Since differences with the fiscal year ended December 31, 2024 were large, the Company is providing an overview.

 

  1. Non-Consolidated Results for the Fiscal Year ended December 31, 2025
    (January 1 – December 31, 2025)

Non-Consolidated Operating Results (J-GAAP)

 

Revenue

Operating Income

Ordinary
income (loss)

Net Income (loss)

Fiscal year ended December 31, 2024 (A)

Millions of yen
897,686

Millions of yen
12,958

Millions of yen
(8,318)

Millions of yen
249,935

Fiscal year ended December 31, 2025 (B)

967,393

70,018

26,146

(25,754)

Amount change YoY (B-A)

+69,706

+57,060

+34,464

(275,690)

% change YoY

+7.7%

+440.3%

-

-

 

  1. Reasons for the Differences

  For the fiscal year ended December 31, 2025 (the current fiscal year), operating income increased significantly to 70,018 million yen (a 440.3% increase compared to the previous fiscal year), driven by steady growth in the domestic e-commerce business and selling, general and administrative expenses remaining at a similar level to the previous fiscal year.

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

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