Rakuten Group Inc S/Adr (RKUNY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for joining Rakuten Group's FY2026 first quarter financial result briefing today despite your busy schedule. The earnings summary was disclosed at 3.30 p.m. just a moment ago. Please visit the investor relations section on Rakuten Group's corporate website to view it. Should the audio or video cut out, you may switch to an alternative streaming server using the button displayed below the video player. We will now begin the presentation from Miki Tani. So everyone, thank you very much for joining our briefing today despite your busy schedule. And I would like to cover FY2026 first quarter financial results, followed by CFO Kaga to explain financial situation, followed by AI by Tinsa chief AI officer. So this is agenda for today, as shown on the slide. And first of all, overall summary. And then next today, we would like you to know about the synergy ecosystem of Rakuten group in detail. After that, segment results will be explained. Now let me walk you through the summary. As for the revenue, for the first quarter, we were able to achieve the record high, 643.6 billion yen, versus the previous year, it was 14.4% increase, so it was a very steady growth. As for EBITDA, again, it was 108.8 billion yen. So MNO business, it was the very first time in the first quarter that we achieved more over 100 billion yen after we entered into MNO business. for the third consecutive term. And as for non-GAAP operating income, since the full-fledged entry into the M&O business, we achieved a profit in the first quarter, 36.6 billion yen, versus the previous year, it was up by 36.3 billion yen. So, from here and after, I would like to talk about the Rakuten ecosystem in a qualitative manner. I would like to investors have deep understanding on our ecosystem. So, in Japan, eco...