Rakuten Group Inc S/Adr (RKUNY) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.257 Thank you all for taking the time out of your busy schedules to join us today. 00:00:04.257 -- 00:00:08.444 I am pleased to provide a detailed report on the financial status of the Rakten Group 00:00:08.444 -- 00:00:12.069 for the first quarter of 2025. In 00:00:12.069 -- 00:00:16.856 today's presentation, we will explain and order the overall summary, the performance 00:00:16.856 -- 00:00:22.365 of each segment, the financial status, and the latest initiatives related to AI. 00:00:22.365 -- 00:00:26.090 I would appreciate your attention until the end. 00:00:26.090 -- 00:00:29.461 Let me report on the status of Rakten Mobile. 00:00:29.461 -- 00:00:34.527 In the first quarter, we achieved an EBITDA profit of 102 million yen, 00:00:34.527 -- 00:00:39.854 excluding fixed asset tax. The improvement in losses has continued since last year, 00:00:39.854 -- 00:00:44.199 demonstrating steady progress toward full-year EBITDA profitability. 00:00:44.199 -- 00:00:49.085 Improvements in network quality and customer acquisition strategies are showing results, 00:00:49.085 -- 00:00:52.276 and we expect further growth going forward. 00:00:52.276 -- 00:00:56.263 Rakten Group's long-term growth model is built on three pillars. 00:00:56.263 -- 00:00:59.650 First, the expansion of the Rakten mobile business. 00:00:59.650 -- 00:01:04.899 Second, global business development. And third, the Triple 20 initiative 00:01:04.899 -- 00:01:10.169 leveraging AI. Through these, we aim to increase the number of users, expand their service 00:01:10.169 -- 00:01:15.178 usage, and enhance customer lifetime value, targeting sustainable growth and 00:01:15.178 -- 00:01:20.777 high returns. We are particularly focused on expanding the entire ecosystem and establishing ...