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July 11, 2026
 

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HIROSHI MIKITANI

Rakuten Group said it no longer plans to list its securities arm on the Tokyo Stock Exchange, and will instead focus on deepening its partnership with Mizuho Securities.
BUSINESS / Markets
Jan 30, 2025
Rakuten scraps plan to list securities unit on Tokyo bourse
The Japanese e-commerce pioneer had planned an initial public offering for Rakuten Securities Holdings as part of a push to shore up finances.
Rakuten CEO Hiroshi Mikitani says the company sees an opportunity in Japan, which has been a laggard in the adoption of digital and artificial intelligence-powered technologies.
BUSINESS / Companies
Jan 21, 2025
Rakuten founder defends costly mobile foray with big AI bet
Rakuten Mobile and its 8 million-plus users help train an AI poised to expand the conglomerate¡¯s business, according to billionaire founder Hiroshi Mikitani.
Rakuten's sale of 15% stake in its credit card arm to Mizuho Financial Group would give the e-commerce pioneer a one-time gain of ?159.4 billion in the current quarter.
BUSINESS / Companies
Nov 14, 2024
Rakuten sells Mizuho 15% of credit card arm for ?165 billion
The sale would give the e-commerce pioneer a one-time gain of ?159.4 billion in the current quarter, Rakuten said in a statement Wednesday.
Rakuten CEO Hiroshi Mikitani said that the mobile company now has more than 7 million subscribers, and is seeking to hit 10 million subscribers next.
BUSINESS / Companies
Jun 27, 2024
Money-losing Rakuten Mobile rolls out new 700 MHz service
The new offering, which is being introduced incrementally, will improve connectivity, including in densely populated areas, it says.
The exact timing of the roll out of Rakuten Mobile's commercial satellite-to-mobile service is uncertain, but the plans for coverage encompass mountainous and remote areas across Japan.
BUSINESS / Tech
Feb 16, 2024
Rakuten plans satellite mobile service across Japan in 2026
The service, to be rolled out in partnership with AST SpaceMobile, will be directly accessible by regular smartphones and won¡¯t require a terminal.
Rakuten Group has incurred a net loss for the fifth straight year.
BUSINESS / Companies
Feb 15, 2024
Rakuten logs second-largest annual net loss
The firm will skip a dividend payment for the first time in 23 years to prioritize its financial stability.
Hiroshi Mikitani, co-chief executive officer of Rakuten Medical, speaks at the American Society of Clinical Oncology's meeting in Yokohama on Thursday.
BUSINESS
Aug 7, 2023
Rakuten¡¯s Mikitani spends a fifth of his time on biotech startup
Rakuten Medical, based in San Diego, employs about 200 people and specializes in a therapy that uses light and immunotherapy drugs to fight cancer.
Japan Times
COMMENTARY / Japan
Jul 14, 2023
Rakuten is hanging on. It should consider hanging up
Rakuten is selling whatever it can to plug a hole in its finances caused by a misadventure into mobile.
Japan Times
COMMENTARY / Japan
Oct 13, 2022
Struggling Rakuten may need to phone a friend for help with mobile bet
Hiroshi Mikitani isn¡¯t as rich as he used to be ¡ª and is losing money rapidly on his bet on mobile. The smart play may be to find a partner with deeper pockets.
SOCCER / J. League / J. LEAGUE NOTEBOOK
May 31, 2022
June international break a welcome relief for struggling J. League teams
Three clubs initially expected to vie for the title will be especially grateful for the chance to reboot their campaigns.
Japan Times
BUSINESS / Companies
May 24, 2022
Rakuten prepares to list its securities unit
The firm said a listing for the securities business would help it expand the ecosystem for Rakuten offerings, which range from e-commerce to finance and wireless services.
Japan Times
SOCCER
Jul 7, 2021
Barcelona forwards apologize for video mocking hotel staff in Japan
Antoine Griezmann and Ousmane Dembele¡¯s comments during a 2019 preseason tour have sparked a growing backlash, including a protest from Barcelona sponsor Rakuten.
Japan Times
JAPAN
May 15, 2021
Rakuten founder Hiroshi Mikitani calls Tokyo Olympics a ¡®suicide mission¡¯
Mikitani, who has been an outspoken critic of the government¡¯s handling of the coronavirus pandemic, said the sporting event, due to start in two months, should not be held this year.
SOCCER / J. League
May 14, 2021
J. League offers assistance for country¡¯s mass vaccination efforts
The league and its 57 clubs will provide logistical support and promotional muscle after reaching an agreement with the National Governors¡¯ Association.
Japan Times
JAPAN
Apr 29, 2021
Japanese business leaders suggest ways to speed up vaccination rate
Figures such as Rakuten CEO Hiroshi Mikitani have urged the government to quicken inoculations by allowing them to be done through a drive-thru system.
Japan Times
BUSINESS / Companies
Mar 12, 2021
Rakuten to raise $2.2 billion as Japan Post and Tencent buy stakes
The Japanese e-commerce pioneer has benefited from a boom in online shopping during the pandemic, but faces stiff competition from Amazon.com Inc.
Japan Times
BUSINESS / Companies
Sep 30, 2020
Rakuten rolls out ultrafast 5G service with bold price plan
The move could give the mobile carrier a competitive edge and fuel momentum toward cheaper phone fees.
Japan Times
BUSINESS / Companies
Jan 7, 2020
Rakuten to launch full-scale mobile phone services in Japan in April
Rakuten Inc. aims to launch full mobile phone carrier services in April, according to Hiroshi Mikitani, the head of the major cybermall operator.
Japan Times
BUSINESS / Companies
Aug 3, 2019
Rakuten looks to extend jersey deal with NBA¡¯s Golden State Warriors as brand awareness jumps
Rakuten Inc., which paid the Golden State Warriors $60 million for a three-year jersey sponsorship in 2017, is looking to extend the partnership as the National Basketball Association finalists head into the final season of their deal.
Japan Times
SOCCER / From the Spot
Jul 24, 2019
Rakuten¡¯s Barca-Chelsea show misses mark
The possibility exists that Tuesday¡¯s Rakuten Cup match between Barcelona and Chelsea was being considered by some influential soccer figure or another as an audition for Japan¡¯s inclusion in the increasingly popular International Champions Cup, the international preseason tournament that is currently...
China¡¯s demand for Soviet-style apartments shows limits to revival
Apartments built during a Soviet Union-inspired construction drive in the 1970s and 1980s tend to suffer from poor insulation and outdated plumbing, but they are seeing a revival in interest due to their attractive locations.
Japanese payment processor¡¯s collapse hits banks and restaurants
Zentoshin served around 200,000 shops, many of which rely on early payments to maintain cash flow, raising concerns over their financial stability following the disruption.
Lenders seek $700 million after Japanese payments firm¡¯s collapse
The financial failure of Osaka-based Zentoshin has left 63 creditors with claims totaling ?115.16 billion, according to Tokyo Shoko Research.
Trump says ¡®Japan¡¯ instead of Iran at meeting in Ankara
U.S. President Donald Trump speaks at a news conference during a NATO leaders' summit in Ankara on Wednesday.
World¡¯s first fully sealed vertical-farming facility opens in Tokyo
Fully sealed units are stacked on top of each other at Plantx's vertical-farming facility in Tokyo's Koto Ward on Wednesday.
¡®Princess Mononoke¡¯ comes alive in Super Kabuki staging
The ¡°Princess Mononoke¡± adaptation was created under Shochiku¡¯s Super Kabuki initiative, a modern form of kabuki with more technology in staging and open to pop culture collaborations.
The beating heart inside ¡®Human Vapor¡¯
Different forms of love and connection form the emotional backbone of Netflix¡¯s ¡°Human Vapor,¡± says actor Shun Oguri, who plays troubled detective Kenji Okamoto.
Japan bets on character IP to drive global growth
Born on social media platforms in 2022, Opanchu Usagi has become a major hit, especially among Generation Z.
Filmmaker explores history of discrimination against foreign nationals in Japan
Takashi Nishihara, the director of "Now and Then," in Tokyo on Wednesday. The director has spent 10 years traversing politically charged terrain while exploring youth-driven grassroots political movements that scrutinize the status quo.
Okinawa¡¯s prized seaweed under threat as oceans warm
Local harvesters gather <i>mozuku</i> during low tide at Hyakuna Beach in the city of Nanjo, Okinawa Prefecture. As the planet warms, rising ocean temperatures are placing increasing pressure on the seaweed industry.

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