Rakuten Group

Financial history

Revenue · FYE Dec 2025
¥2.50tn
Operating profit · FYE Dec 2025
¥14bn
Net profit · FYE Dec 2025
-¥178bn
Total assets
¥28.8tn
Equity ratio
2.2%
Long-term series
2001–2025
Rakuten Group: long-term performance & turning pointsSales (revenue) and profit-margin ratio
Sales (¥ bn)Net margin (%)
Long-term results, every fiscal year on record (¥ bn). Scroll sideways for earlier years.
Fiscal year Unit 2001 *1 FYE Dec 2002 *1 FYE Dec 2003 *1 FYE Dec 2004 *1 FYE Dec 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Revenue JPY ¥6.7bn¥9.8bn¥18bn¥46bn¥130bn¥203bn¥214bn¥250bn¥298bn¥346bn¥380bn¥443bn¥519bn¥599bn¥714bn¥782bn¥944bn¥1.10tn¥1.26tn¥1.46tn¥1.68tn¥1.92tn¥2.07tn¥2.28tn¥2.50tn
YoY % +46.3%+83.7%+152.8%+185.1%+56.7%+5.3%+16.8%+19.4%+16.1%+9.8%+16.7%+16.9%+15.4%+19.2%+9.6%+20.8%+16.6%+14.8%+15.2%+15.5%+14.2%+7.8%+10.0%+9.5%
Operating profit JPY ¥35bn¥29bn¥0.1bn¥47bn¥57bn¥64bn¥71bn¥72bn¥90bn¥106bn¥95bn¥78bn¥149bn¥170bn¥73bn-¥94bn-¥195bn-¥372bn-¥213bn¥53bn¥14bn
YoY % -16.6%-99.7%+47100.0%+19.9%+12.7%+11.8%+1.4%+24.8%+18.0%-11.0%-17.6%+91.4%+14.1%-57.3%-229.0%-72.8%
Ordinary profit JPY ¥1.4bn¥2.2bn¥4.4bn¥16bn¥36bn¥30bn¥2.4bn¥45bn¥55bn¥62bn¥68bn
Net profit JPY ¥19bn¥2.7bn¥37bn-¥55bn¥54bn¥35bn-¥1.1bn¥19bn¥44bn¥71bn¥46bn¥38bn¥111bn¥142bn-¥32bn-¥114bn-¥134bn-¥377bn-¥339bn-¥162bn-¥178bn
YoY % -86.1%+1263.0%-249.2%-34.8%-103.2%+127.3%+61.9%-35.9%-17.2%+191.6%+28.7%-122.4%
Operating margin % 26.9%14.3%0.0%18.9%19.0%18.4%18.8%16.3%17.4%17.8%13.3%10.0%15.8%15.5%5.8%-6.4%-11.6%-19.3%-10.3%2.3%0.6%
Net margin % 15.0%1.3%17.2%-22.0%17.9%10.1%-0.3%4.4%8.5%11.9%6.4%4.8%11.7%12.9%-2.5%-7.8%-8.0%-19.6%-16.4%-7.1%-7.1%
Cost structure Cost of sales SG&A Operating profit Operating margin

Where each yen of revenue goes — cost of sales, SG&A and what is left as operating profit (¥ bn, stacked)

Revenue and its cost lines, every year the breakdown was filed (¥ bn).
Fiscal year Unit 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Revenue JPY ¥130bn¥203bn¥214bn¥250bn¥298bn¥346bn¥380bn¥443bn¥519bn¥599bn¥714bn¥782bn¥944bn¥1.10tn¥1.26tn¥1.46tn¥1.68tn¥1.92tn¥2.07tn¥2.28tn¥2.50tn
YoY % +56.6%+5.2%+16.8%+19.4%+16.1%+9.8%+16.7%+16.9%+15.4%+19.2%+9.6%+20.8%+16.6%+14.7%+15.2%+15.5%+14.2%+7.8%+10.0%+9.5%
Cost of sales JPY ¥14bn¥27bn¥39bn¥55bn¥70bn¥75bn¥75bn¥100bn¥428bn¥492bn¥619bn¥704bn¥795bn¥931bn¥1.19tn¥1.55tn¥1.88tn¥2.28tn¥2.28tn¥2.23tn¥2.48tn
SG&A JPY ¥81bn¥147bn¥174bn¥147bn¥172bn¥207bn¥233bn¥271bn
Operating profit JPY ¥35bn¥29bn¥0.1bn¥47bn¥57bn¥64bn¥71bn¥72bn¥90bn¥106bn¥95bn¥78bn¥149bn¥170bn¥73bn-¥94bn-¥195bn-¥372bn-¥213bn¥53bn¥14bn
YoY % -16.4%-99.6%+39858.5%+20.1%+12.6%+11.9%+1.3%+24.9%+17.9%-11.0%-17.6%+91.5%+14.1%-57.3%-229.0%-72.9%
Operating margin % 26.9%14.3%0.1%18.9%19.0%18.4%18.8%16.3%17.4%17.8%13.3%10.0%15.8%15.5%5.8%-6.4%-11.6%-19.3%-10.3%2.3%0.6%
Change pp -12.6pp-14.2pp+18.8pp+0.1pp-0.6pp+0.4pp-2.5pp+1.1pp+0.4pp-4.5pp-3.3pp+5.8pp-0.3pp-9.7pp-12.2pp-5.2pp-7.7pp+9.0pp+12.6pp-1.7pp
Balance sheet Total assets Equity Interest-bearing debt Equity ratio

Total assets, equity and interest-bearing debt (¥ bn), with the equity ratio (%)

Balance-sheet totals, every year on record (¥ bn).
Fiscal year Unit 2001 *1 FYE Dec 2002 *1 FYE Dec 2003 *1 FYE Dec 2004 *1 FYE Dec 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Total assets JPY ¥36bn¥34bn¥188bn¥308bn¥1.66tn¥1.30tn¥1.16tn¥1.09tn¥1.76tn¥1.95tn¥1.92tn¥2.11tn¥3.21tn¥3.68tn¥4.27tn¥4.60tn¥6.18tn¥7.35tn¥9.17tn¥12.5tn¥16.8tn¥20.4tn¥22.6tn¥26.5tn¥28.8tn
YoY % -6.4%+452.1%+63.6%+439.0%-21.8%-10.6%-6.2%+61.9%+10.8%-1.7%+10.0%+52.2%+14.7%+16.0%+7.8%+34.3%+18.8%+24.8%+36.6%+34.4%+21.2%+10.9%+17.2%+8.6%
Equity JPY ¥34bn¥30bn¥26bn¥46bn¥77bn¥189bn¥186bn¥150bn¥203bn¥238bn¥228bn¥262bn¥303bn¥424bn¥666bn¥682bn¥683bn¥773bn¥734bn¥588bn¥1.07tn¥734bn¥585bn¥617bn¥631bn
YoY % -10.5%-12.9%+74.1%+67.0%+147.2%-1.8%-19.3%+35.6%+17.0%-4.0%+14.9%+15.6%+39.7%+57.1%+2.4%+0.1%+13.1%-5.0%-19.8%+81.9%-31.4%-20.2%+5.4%+2.2%
Interest-bearing debt JPY ¥255bn¥546bn¥471bn¥483bn¥330bn¥368bn¥347bn¥306bn¥390bn¥590bn¥649bn¥711bn¥1.02tn¥1.23tn¥1.73tn¥2.49tn¥1.36tn¥1.76tn¥1.64tn¥2.05tn¥1.60tn
Equity ratio % 92.7%88.7%14.0%14.9%4.6%14.6%16.0%13.8%11.6%12.2%11.9%12.4%9.5%11.5%15.6%14.8%11.0%10.5%8.0%4.7%6.4%3.6%2.6%2.3%2.2%
Change pp -4.0pp-74.7pp+0.9pp-10.3pp+10.0pp+1.4pp-2.2pp-2.2pp+0.6pp-0.3pp+0.5pp-2.9pp+2.0pp+4.1pp-0.8pp-3.8pp-0.5pp-2.5pp-3.3pp+1.7pp-2.8pp-1.0pp-0.3pp-0.1pp
Cash flow Operating CF Investing CF Financing CF

Cash generated by operations, spent on investment and raised or repaid in financing (¥ bn)

Cash flows as filed, every year on record (¥ bn). A negative figure is cash out.
Fiscal year Unit 2001 *1 FYE Dec 2002 *1 FYE Dec 2003 *1 FYE Dec 2004 *1 FYE Dec 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Operating CF JPY ¥1.4bn¥2.4bn¥2.2bn¥9.1bn-¥43bn-¥17bn¥43bn-¥13bn-¥55bn¥30bn¥28bn¥20bn¥1.5bn¥112bn¥78bn¥31bn¥162bn¥146bn¥318bn¥1.04tn¥583bn-¥262bn¥724bn¥1.19tn¥424bn
YoY % +69.3%-5.4%+308.0%-578.1%-131.3%-9.0%-29.3%-92.4%+7432.7%-30.1%-60.8%+427.9%-10.1%+118.6%+227.2%-44.0%-145.0%+64.4%-64.4%
Investing CF JPY -¥6.2bn-¥3.3bn-¥60bn-¥30bn-¥144bn-¥42bn¥55bn-¥41bn¥217bn-¥61bn¥56bn¥137bn¥31bn-¥261bn-¥224bn-¥27bn-¥204bn-¥68bn-¥286bn-¥303bn-¥612bn-¥948bn-¥597bn-¥922bn-¥780bn
Financing CF JPY -¥0.7bn-¥0.7bn¥64bn¥27bn¥235bn¥77bn-¥114bn¥62bn-¥174bn¥28bn-¥35bn-¥47bn¥75bn¥190bn¥222bn¥45bn¥194bn¥208bn¥458bn¥808bn¥1.40tn¥1.49tn¥292bn¥757bn¥14bn
Cash & equivalents JPY ¥21bn¥20bn¥26bn¥32bn¥81bn¥89bn¥74bn¥81bn¥104bn¥101bn¥150bn¥261bn¥384bn¥429bn¥501bn¥548bn¥701bn¥990bn¥1.48tn¥3.02tn¥4.41tn¥4.69tn¥5.13tn¥6.17tn¥5.84tn
YoY % -7.9%+31.1%+25.6%+149.6%+10.4%-17.2%+10.1%+27.5%-2.8%+48.7%+74.1%+47.3%+11.6%+16.9%+9.4%+27.8%+41.3%+49.3%+104.3%+46.0%+6.4%+9.2%+20.3%-5.4%
Key ratios Operating margin Net margin ROE Equity ratio

Profitability and balance-sheet strength (%). ROE uses year-end equity.

Ratios by fiscal year (%), with the year-on-year move in percentage points. Derived from the filed figures above.
Fiscal year Unit 2001 *1 FYE Dec 2002 *1 FYE Dec 2003 *1 FYE Dec 2004 *1 FYE Dec 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Operating margin % 26.9%14.3%0.1%18.9%19.0%18.4%18.8%16.3%17.4%17.8%13.3%10.0%15.8%15.5%5.8%-6.4%-11.6%-19.3%-10.3%2.3%0.6%
Change pp -12.6pp-14.2pp+18.8pp+0.1pp-0.6pp+0.4pp-2.5pp+1.1pp+0.4pp-4.5pp-3.3pp+5.8pp-0.3pp-9.7pp-12.2pp-5.2pp-7.7pp+9.0pp+12.6pp-1.7pp
Net margin % 15.0%1.3%17.2%-22.0%18.0%10.1%-0.3%4.4%8.5%11.9%6.4%4.9%11.7%12.9%-2.5%-7.8%-8.0%-19.6%-16.4%-7.1%-7.1%
Change pp -13.7pp+15.9pp-39.2pp+40.0pp-7.9pp-10.4pp+4.7pp+4.1pp+3.4pp-5.5pp-1.5pp+6.8pp+1.2pp-15.4pp-5.3pp-0.2pp-11.6pp+3.2pp+9.3pp0.0pp
ROE % 25.4%1.4%19.9%-36.7%26.3%14.7%-0.5%7.4%14.6%16.8%6.9%5.6%16.2%18.4%-4.3%-19.4%-12.5%-51.4%-58.0%-26.3%-28.2%
Change pp -24.0pp+18.5pp-56.6pp+63.0pp-11.6pp-15.2pp+7.9pp+7.2pp+2.2pp-9.9pp-1.3pp+10.6pp+2.2pp-22.7pp-15.1pp+6.9pp-38.9pp-6.6pp+31.7pp-1.9pp
Equity ratio % 92.7%88.7%14.0%14.9%4.6%14.6%16.0%13.8%11.6%12.2%11.9%12.4%9.5%11.5%15.6%14.8%11.0%10.5%8.0%4.7%6.4%3.6%2.6%2.3%2.2%
Change pp -4.0pp-74.7pp+0.9pp-10.3pp+10.0pp+1.4pp-2.2pp-2.2pp+0.6pp-0.3pp+0.5pp-2.9pp+2.0pp+4.1pp-0.8pp-3.8pp-0.5pp-2.5pp-3.3pp+1.7pp-2.8pp-1.0pp-0.3pp-0.1pp
Reporting basis

Which accounting standard each fiscal year was filed under. Figures are not strictly comparable across a change of standard.

Accounting standard and reporting basis, by fiscal year.
Fiscal year Unit 2001 *1 FYE Dec 2002 *1 FYE Dec 2003 *1 FYE Dec 2004 *1 FYE Dec 2005 *1 FYE Dec 2006 *1 FYE Dec 2007 *1 FYE Dec 2008 *1 FYE Dec 2009 *1 FYE Dec 2010 *1 FYE Dec 2011 *1 FYE Dec 2012 *1 FYE Dec 2013 *1 FYE Dec 2014 *1 FYE Dec 2015 *1 FYE Dec 2016 *1 FYE Dec 2017 *1 FYE Dec 2018 *1 FYE Dec 2019 *1 FYE Dec 2020 *1 FYE Dec 2021 *1 FYE Dec 2022 *1 FYE Dec 2023 *1 FYE Dec 2024 *1 FYE Dec 2025 *1 FYE Dec
Standard JGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPJGAAPIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRSIFRS
Basis ConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidatedConsolidated
Yen–dollar exchange rate ¥ per US$1

Annual average, yen per one US dollar. Every figure above is in yen as filed — convert one using the rate of its own year, never today's. A higher line is a weaker yen.

Annual average ¥/US$ rate, 1949–2026. YoY above zero means the yen weakened.
Fiscal year Unit 1949 *1 Cal. year 1950 *1 Cal. year 1951 *1 Cal. year 1952 *1 Cal. year 1953 *1 Cal. year 1954 *1 Cal. year 1955 *1 Cal. year 1956 *1 Cal. year 1957 *1 Cal. year 1958 *1 Cal. year 1959 *1 Cal. year 1960 *1 Cal. year 1961 *1 Cal. year 1962 *1 Cal. year 1963 *1 Cal. year 1964 *1 Cal. year 1965 *1 Cal. year 1966 *1 Cal. year 1967 *1 Cal. year 1968 *1 Cal. year 1969 *1 Cal. year 1970 *1 Cal. year 1971 *1 Cal. year 1972 *2 Cal. year 1973 *3 Cal. year 1974 *3 Cal. year 1975 *3 Cal. year 1976 *3 Cal. year 1977 *3 Cal. year 1978 *3 Cal. year 1979 *3 Cal. year 1980 *4 Cal. year 1981 *4 Cal. year 1982 *4 Cal. year 1983 *4 Cal. year 1984 *4 Cal. year 1985 *4 Cal. year 1986 *4 Cal. year 1987 *4 Cal. year 1988 *4 Cal. year 1989 *4 Cal. year 1990 *4 Cal. year 1991 *4 Cal. year 1992 *4 Cal. year 1993 *4 Cal. year 1994 *4 Cal. year 1995 *4 Cal. year 1996 *4 Cal. year 1997 *4 Cal. year 1998 *4 Cal. year 1999 *4 Cal. year 2000 *4 Cal. year 2001 *4 Cal. year 2002 *4 Cal. year 2003 *4 Cal. year 2004 *4 Cal. year 2005 *4 Cal. year 2006 *4 Cal. year 2007 *4 Cal. year 2008 *4 Cal. year 2009 *4 Cal. year 2010 *4 Cal. year 2011 *4 Cal. year 2012 *4 Cal. year 2013 *4 Cal. year 2014 *4 Cal. year 2015 *4 Cal. year 2016 *4 Cal. year 2017 *4 Cal. year 2018 *4 Cal. year 2019 *4 Cal. year 2020 *4 Cal. year 2021 *4 Cal. year 2022 *4 Cal. year 2023 *4 Cal. year 2024 *4 Cal. year 2025 *4 Cal. year 2026 *4,5 Cal. year
Rate ¥/US$ ¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥360.00¥308.00¥274.00¥293.00¥299.00¥292.00¥257.00¥201.00¥230.00¥226.69¥220.55¥249.06¥237.48¥237.53¥238.53¥168.52¥144.60¥128.13¥137.98¥144.81¥134.51¥126.67¥111.18¥102.22¥94.05¥108.77¥121.02¥130.89¥113.84¥107.74¥121.52¥125.28¥115.92¥108.16¥110.15¥116.28¥117.77¥103.33¥93.53¥87.77¥79.78¥79.79¥97.60¥105.84¥121.02¥108.84¥112.16¥110.40¥109.01¥106.78¥109.78¥131.37¥140.51¥151.50¥149.65¥158.16
YoY % 0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%-14.4%-11.0%+6.9%+2.0%-2.3%-12.0%-21.8%+14.4%-1.4%-2.7%+12.9%-4.6%0.0%+0.4%-29.4%-14.2%-11.4%+7.7%+4.9%-7.1%-5.8%-12.2%-8.1%-8.0%+15.7%+11.3%+8.2%-13.0%-5.4%+12.8%+3.1%-7.5%-6.7%+1.8%+5.6%+1.3%-12.3%-9.5%-6.2%-9.1%0.0%+22.3%+8.4%+14.3%-10.1%+3.1%-1.6%-1.3%-2.0%+2.8%+19.7%+7.0%+7.8%-1.2%+5.7%

Exchange rates & sources — the full table →

Download the long-term series (CSV) → Compiled from securities reports and other public filings. We do not guarantee accuracy or currency, and do not track post-filing corrections. Check the primary sources before relying on these figures.

All figures are in Japanese yen as filed. Where a foreign-currency comparison is needed elsewhere on this site, yen amounts are converted at the average rate of each figure's own year — not today's rate. Exchange rates & sources →

Read the company history → 日本語版(詳細)— full financial data in Japanese →


Disclaimer


Data API

Rakuten Group’s history, financials, executives and shareholders are published as static JSON — no key, plain GET.

Method Endpoint Returns
GET /api/companies.json All companies
GET /api/4755/manifest.json Resource index
GET /api/4755/history.json History overview
GET /api/4755/timeline.json Chronology
GET /api/decisions.json All management decisions (index)
GET /api/4755/decisions.json Management decisions (index)
GET /api/4755/decisions/{slug}.json One decision (full dossier)
GET /api/4755/executives.json Executives
GET /api/4755/shareholders.json Major shareholders
GET /api/4755/financials.json Financial statements
GET /api/4755/financials-longterm.json Long-term results
GET /api/4755/segments.json Business segments
GET /api/4755/regions.json Sales by region
GET /api/4755/workforce.json Workforce