The last revenue and loss for the interval from January to March introduced by the Rakuten Group was 82.5 billion yen, which was the fourth consecutive 12 months of deficits right now.
A significant component was the rise in the price of setting up base stations within the cell phone enterprise.
In addition, we intention to cut back the capital funding of about 300 billion yen for base stations, which was deliberate for this 12 months, to about 200 billion yen, aiming to cut back 300 billion yen over the subsequent three years.
On the opposite hand, we have now introduced that we’ll switch all of the shares we maintain in main grocery store Seiyu Holdings, which we invested in in 2021, to funding fund KKR.
Source
Rakuten G Financial outcomes for January to March Final lack of 82.5 billion yen Deficit base station prices | NHK
