[Stock-Analysis] Rakuten (4755 TYO): The Amazon of Japan's Failed Move into Mobile - Updated 2023/01/30
Rakuten Group has reported losses for two and a half years and its stock is down 84% since its ATH. Will it recover in the near future?
I have updated the company’s financial, Konichi-Value score and conclusion based on recently publicized information.
I have been closely monitoring Rakuten's performance and recent developments have prompted a significant reevaluation of my stance on the company. The profit warning for Q4 FY22 and the alarmingly high costs associated wi…