Rakuten is mainly engaged in the Internet-related business. Along with its affiliates, Co. operates in two business segments. The Internet Services segment is engaged in the operation of electronic commerce sites, including an Internet shopping mall "Rakuten Ichiba," an online cash back site, a travel booking site, portal sites and digital contents sites; the sale of advertising on Co.'s sites; the provision of messaging and communication services; and the management of a professional baseball team "Tohoku Rakuten Golden Eagles." FinTech segment is engaged in the provision of Internet banking services and online securities trading services, and the credit card and life insurance businesses.
  • Ticker4755
  • ISINJP3967200001
  • SectorGeneral Retailers
  • CountryUnited States
Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Stay Defensive With Technology, Health Care, Staples Upside momentum continues to wane for global equities, a trend we mentioned in last week's Int'l Compass. In that report we highlighted early signs of lower highs forming in the major global indexes. Price action this week has indeed confirmed lower highs for now in the MSCI ACWI, ACWI ex-US, EAFE, and EM indexes. These lower highs increase the probability for breakdowns and a deeper pullback, but we do not want to get ahead of ourselves. Until we see breakdowns we still view global equities as being in a period of consolidation. · ...

New Street: Rakuten - Q1 20: Good in the core, but mobile losses rise further

Overall growth in Q1 accelerated to 18.2% from 15.1%, driven by growth accelerating in the Fintech business from 19% to 23%. Profitability also improved excluding the mobile business.

New Street: Asian Telcos: Takeaways from early Q1 results re Covid-19 risk

In this note we update our thoughts on Covid-19 and draw early lessons post the start of Q1 results. The economic impact is the overriding issue, as it drives broad-based consumer and business spending cuts, and is quite varied across the region.

Alastair Jones

New Street: Asian Telcos: Dividend stability despite cuts elsewhere

Dividend cuts has been a focus for investors in Europe over the last month. In this note we run through why we think Asian telcos are likely to see much more stable shareholder remuneration driven by lower leverage, no evidence of any ‘solidarity measures’, and recent results highlighting dividend importance to the equity story.

With a more favourable environment, RAKUTEN INCO. improves to Slightly Positive

RAKUTEN INCO. (JP), a company active in the Broadline Retailers industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date April 17, 2020, the closing price was JPY 934.00 and its potential was estimated at JPY 997.21.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Stay Defensive With Technology, Health Care, Staples Upside momentum continues to wane for global equities, a trend we mentioned in last week's Int'l Compass. In that report we highlighted early signs of lower highs forming in the major global indexes. Price action this week has indeed confirmed lower highs for now in the MSCI ACWI, ACWI ex-US, EAFE, and EM indexes. These lower highs increase the probability for breakdowns and a deeper pullback, but we do not want to get ahead of ourselves. Until we see breakdowns we still view global equities as being in a period of consolidation. · ...

New Street: Rakuten - Q1 20: Good in the core, but mobile losses rise further

Overall growth in Q1 accelerated to 18.2% from 15.1%, driven by growth accelerating in the Fintech business from 19% to 23%. Profitability also improved excluding the mobile business.

New Street: Asian Telcos: Takeaways from early Q1 results re Covid-19 risk

In this note we update our thoughts on Covid-19 and draw early lessons post the start of Q1 results. The economic impact is the overriding issue, as it drives broad-based consumer and business spending cuts, and is quite varied across the region.

Alastair Jones

New Street: Asian Telcos: Dividend stability despite cuts elsewhere

Dividend cuts has been a focus for investors in Europe over the last month. In this note we run through why we think Asian telcos are likely to see much more stable shareholder remuneration driven by lower leverage, no evidence of any ‘solidarity measures’, and recent results highlighting dividend importance to the equity story.

New Street: Japanese Telcos: Feedback from conference calls, generally positive

We hosted conference calls with all the incumbents plus Rakuten. Key takeaways; Rakuten impact is expected to be minimal this year; Covid-19 impact has been small so far, but will likely grow as the economic impact mounts; 5G should be a small positive in FY 20; and increased shareholder remuneration is likely.

Joel Scheiman ...
  • Julie Boote
  • Pelham Smithers
  • Thao Nguyen

PSA Today Mar 8: A nervous, quality bias/Nissan to buy Renault stake from France?/Fujifilm and Ricoh share a goal/Eisai's massive Merck deal/Asahi Kasei's housing stats/LINE's growth - Nikkei +0.54%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and Thao Nguyen Nikkei ¥21,368.67 (+¥115.35 / +0.54%); Topix ¥1,709.95 (+¥5.99/ +0.35%); ¥/$105.96 Tags: Capcom (9697 JP), GMO Payment (3769 JP), SBI Holdings (8473 JP), Digital Garage (4819 JP), Kitanotatsujin (2930 JP), Nissan (7201 JP), Renault (RNO FP), Mitsubishi Motors (7211 JP), Ricoh (7752 JP), Fujifilm (4901 JP), Xerox Corp (XRX US), Fuji Xerox, Eisai (4523 JP), Merck (MRK US), Asahi Kasei (3407 JP), LINE (3938 JP), Rakuten (4755 JP) Main Points at a Glance • Nervousness leads to a quality bias to the market • eSport...

Joel Scheiman ...
  • Julie Boote
  • Pelham Smithers
  • William Nestuk

PSA Today Mar 7: Cohn, Korea are market influences/The smartphone industry in 2018/TOY's Kobe Steel consumer lawsuit/Showa Denko's debt management/KHI's woes - Nikkei -0.77%

Japan Market Comment by Pelham Smithers, Julie Boote, Joel Scheiman and William Nestuk Nikkei ¥21,252.72 (-¥165.04 / -0.77%); Topix ¥1,703.96 (-¥12.34 / -0.72%); ¥/$105.57 Tags: Rakuten (4755 JP), ISB (9702 JP),Vision Inc (9416 JP), Cyber Com (3852 JP), Nippon Systemware (9739 JP), Focus Systems (4662 JP), IBC (3920 JP), OPT (2389 JP), Macromill (3978 JP), CyberAgent (4751 JP), Faith (4295 JP), Capcom (9697 JP), SBI Holdings (8473 JP), GMO Internet (9449 JP), Apple (AAPL US), Hon Hai (2317 TT), Sony (6758 JP), HTC (2498 TT), LG Electronics (066570 KS), Lenovo (992 HK), Samsung (005930 KS), Xi...

With a more favourable environment, RAKUTEN INCO. improves to Slightly Positive

RAKUTEN INCO. (JP), a company active in the Broadline Retailers industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date April 17, 2020, the closing price was JPY 934.00 and its potential was estimated at JPY 997.21.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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