Rakuten Group, a Tokyo-based conglomerate spanning ecommerce, fintech, and telecom, said on November 13 that third-quarter FY2026 revenue rose 10.9% year on year to 697.1 billion yen (US$4.37 billion), driven by its fintech and mobile businesses.

Non-GAAP operating income rose 25.9% to 48.6 billion yen (US$305 million).

IFRS operating income rose 396.3% to 39.5 billion yen (US$248 million), while EBITDA reached a third-quarter record of 123.5 billion yen (US$774 million), up 4%.

Fintech revenue climbed 22.1% to 306 billion yen (US$1.92 billion).

In mobile, segment revenue rose 18.3% to 140.4 billion yen (US$880 million), and the non-GAAP operating loss narrowed to 28.7 billion yen (US$180 million).

Rakuten said Rakuten Mobile subscribers totaled 11.05 million at the end of September, up 1.72 million from a year earlier.

The figure includes mobile network operator, mobile virtual network enabler, and mobile virtual network operator subscribers, plus business continuity lines.

In October, the company issued 400 billion yen (US$2.51 billion) in domestic bonds, completing funding for senior bonds maturing in 2027.

🔗 Source: Rakuten Group, Inc.

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