Rakuten Secures Yen Funding Amid Market Volatility

Rakuten, a Japanese e-commerce company, has initiated a yen-denominated bond offering, reportedly valued at approximately $1 billion. The company has engaged with banks to facilitate this funding.

Recent Stock Performance

Rakuten’s stock price has experienced significant fluctuations over the past year, with a 52-week high of 1069.5 JPY and a low of 649.6 JPY. As of the last close, the stock price stood at 800.4 JPY.

Valuation Metrics

The company’s valuation metrics are as follows:

• Price-to-earnings ratio: -8.99
• Price-to-book ratio: 2.13

These metrics warrant further examination to assess the company’s financial health and market position.