Rakuten Group, Inc. · TSE:4755
Rakuten — FY2025 Earnings Presentation
78 slides from Rakuten's earnings presentation, Feb 12, 2026
Slide 1: FY2025 Financial Results Presentation
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Slide 2: Key points
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Slide 3: Consolidated results
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Slide 4: Group consolidated results
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Slide 5: Consolidated EBITDA
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Slide 6: FY2025 revenue
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Slide 7: FY2025 Non-GAAP operating income
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Slide 8: FY2025 EBITDA
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Slide 9: FY2025 by segment: Internet Services and Mobile
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Slide 10: FY2026 outlook
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Slide 11: FY2026 priorities
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Slide 12: 2. Internet Services
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Slide 13: Internet Services segment
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Slide 14: Internet Services: results
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Slide 15: Internet Services: key KPIs
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Slide 16: Domestic EC
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Slide 17: Rakuten Ichiba initiatives
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Slide 18: Travel
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Slide 19: Logistics and other
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Slide 20: Internet Services: international
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Slide 21: FinTech
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Slide 22: FinTech: FY2025 results
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Slide 23: FinTech: FY2025 key KPIs
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Slide 24: Rakuten Card
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Slide 25: Rakuten Securities
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Slide 26: Rakuten Bank KPIs
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Slide 27: Rakuten Card: key KPIs
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Slide 28: Rakuten Securities
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Slide 29: Rakuten Insurance
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Slide 30: Mobile
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Slide 31: Mobile: FY2025 results
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Slide 32: Mobile: key KPIs
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Slide 33: Rakuten Mobile
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Slide 34: Rakuten Mobile revenue and Non-GAAP
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Slide 35: Rakuten Mobile EBITDA and cash flow
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Slide 36: Subscribers
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Slide 37: MNO (B2C) subscriber growth
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Slide 38: MNO churn
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Slide 39: MNO ARPU
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Slide 40: ARPU growth drivers
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Slide 41: Rakuten Mobile and U-NEXT partnership
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Slide 42: Rakuten Mobile and Rakuten Mobile Securities services
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Slide 43: Roaming
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Slide 44: 2026 roaming with partner
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Slide 45: 2026 outlook
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Slide 46: 5G platinum band
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Slide 47: Network
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Slide 48: 5G platinum band deployment
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Slide 49: 5G platinum band base stations
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Slide 50: 5G platinum band base stations
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Slide 51: Platinum band base stations
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Slide 52: Network roadmap
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Slide 53: Q&A
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Slide 54: Rakuten Mobile
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Slide 55: Rakuten Symphony
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Slide 56: Rakuten Symphony
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Slide 57: Group finance
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Slide 58: FY2025 consolidated results
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Slide 59: Liquidity
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Slide 60: Finance
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Slide 61: Debt and funding
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Slide 62: FY2025 financing
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Slide 63: Bond market
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Slide 64: Financing
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Slide 65: 2026 outlook
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Slide 66: Ecosystem and AI
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Slide 67: AI-nization
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Slide 68: 2025 AI initiatives
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Slide 69: Rakuten Promotion Platform
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Slide 70: Ichiba initiatives
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Slide 71: 2025 Super Sale
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Slide 72: Rakuten AI
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Slide 73: Raptor
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Slide 74: Rakuten AI 3.0
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Slide 75: Rakuten AI
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Slide 76: 2026 initiatives
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Slide 77: Rakuten
Rakuten
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