Rakuten Group, Inc.
Notice Regarding Recognition of Impairment Loss and Derivative Valuation Gain
Rakuten Group expects to record impairment losses of JPY 20,497 million in the Rakuten Symphony Open RAN business and JPY 10,024 million in the Logistics business for the fiscal year ending December 2025. Meanwhile, a derivative valuation gain of JPY 36,402 million is also expected to be recorded.
Key Figures
- Impairment Loss (Rakuten Symphony Open RAN business): JPY 20,497 million
- Impairment Loss (Logistics business): JPY 10,024 million
- Derivative Valuation Gain: JPY 36,402 million
AI要約
Expected Recognition of Impairment Losses
Rakuten Group expects to record impairment losses of JPY 20,497 million in the Rakuten Symphony Open RAN business and JPY 10,024 million in the Logistics business in its consolidated financial statements for the fiscal year ending December 2025. The delay in the business launch of the Open RAN business and the delayed increase in warehouse volume and decreased storage capacity due to larger products in the Logistics business are the primary causes. These losses will be recorded under 'Other Expenses' in the consolidated income statement.
Recognition of Derivative Valuation Gain and Future Outlook
Based on a currency swap contract related to principal and interest of foreign currency-denominated perpetual subordinated bonds, a derivative valuation gain of JPY 36,402 million is expected to be recorded in the fourth quarter of the fiscal year ending December 2025. This gain will be reflected under 'Financial Income' in the consolidated income statement. Details will be reported at the consolidated financial results announcement on February 12, 2026.
