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Rakuten Flags Asset Impairments but Books Derivative Gains for FY2025

Story Highlights
  • Rakuten will record notable impairments in its Open RAN and logistics units due to slower business growth and warehouse constraints.
  • Currency swap valuation gains on subordinated notes will partly offset impairments, reshaping Rakuten’s 2025 earnings profile.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rakuten Flags Asset Impairments but Books Derivative Gains for FY2025

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Rakuten ( (JP:4755) ).

Rakuten Group, Inc. said it expects to book significant impairment losses on fixed assets tied to its Rakuten Symphony Open RAN and logistics businesses in its consolidated results for the year ended December 31, 2025. The company cited slower-than-expected growth in the Open RAN unit and lower effective warehouse capacity due to delayed cargo volume growth and larger product sizes as key factors behind the write-downs.

At the same time, Rakuten anticipates sizable valuation gains on currency swap derivatives linked to its foreign currency-denominated undated subordinated notes, which will bolster financial income in the fourth quarter of 2025. Overall, the combination of impairment charges and derivative gains will reshape the company’s expense and income mix for the fiscal year, with further details to be disclosed when full-year results are announced on February 12.

The most recent analyst rating on (JP:4755) stock is a Buy with a Yen1110.00 price target. To see the full list of analyst forecasts on Rakuten stock, see the JP:4755 Stock Forecast page.

More about Rakuten

Rakuten Group, Inc. is a Japan-based technology and internet services conglomerate operating across e-commerce, fintech, digital content and telecommunications, including mobile networks. Listed on the Tokyo Stock Exchange Prime Market, the company has also expanded into infrastructure-focused ventures such as its Open RAN mobile network operations and logistics services to support its broader digital ecosystem.

Average Trading Volume: 11,497,351

Technical Sentiment Signal: Buy

Current Market Cap: Yen2046.9B

Learn more about 4755 stock on TipRanks’ Stock Analysis page.

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