Rakuten Sets Ambitious Profit Targets

Rakuten, a Japanese e-commerce company, has announced its intention to achieve a profit margin of 100 billion yen. This goal is part of the company’s overall strategy to expand its market presence.

Market Focus

Rakuten is targeting the B2B market, which is valued at 1,100 trillion yen. This market segment is a key area of focus for the company as it seeks to increase its revenue and market share.

Stock Performance

As of the last available data, Rakuten’s stock price closed at 895.5 JPY. Key stock performance metrics include:

• 52-week high: 1069.5 JPY
• 52-week low: 649.6 JPY
• Price-to-earnings ratio: -11.88
• Price-to-book ratio: 2.09