Rakuten Group (Rakuten Group) Other Income (Expense) : $-104 Mil (TTM As of Mar. 2024)

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What is Rakuten Group Other Income (Expense)?

Rakuten Group's other income expense for the Rakuten Group's pretax income for the three months ended in Mar. 2024 was $-12 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-104 Mil.

Rakuten Group Other Income (Expense) Historical Data

The historical data trend for Rakuten Group's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Rakuten Group Other Income (Expense) Chart

Rakuten Group Annual Data

Trend

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Other Income (Expense)

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-1,025.82

-363.31

16.11

-18.89

-95.37

Rakuten Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial															-4.74	-57.75	-15.06	-18.81	-12.03

Rakuten Group Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-104 Mil.

Rakuten Group (OTCPK:RKUNY) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Rakuten Group (Rakuten Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rakuten Group Inc (OTCPK:RKUNY) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

RKUNF:USA 4755:Japan RAK:Germany

Address

4-12-3 Higashishinagawa, Shinagawa Seaside Rakuten Tower, Shinagawa-ku, Tokyo, JPN, 140-0002

Website

https://www.rakuten.co.jp

Rakuten is a leading e-commerce and fintech service provider in Japan. It has built up a comprehensive Rakuten ecosystem in Japan, including Rakuten Ichiba for e-commerce, Rakuten Travel, Rakuten Card, Rakuten Bank, Rakuten Securities, and decided to become the fourth mobile network operator in Japan, started its full service in April 2020. Mergers and acquisitions in internet and e-finance businesses have driven growth. The loyalty programme, Rakuten Super Points, has encouraged cross-use of services in its ecosystem. About 80% of its revenue is generated from the Japanese market.