Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Good Morning Japan |SPX Holds On..barely; Powell Testimony in Focus; NUGGET: AI & Japan Big Pharma

Rakuten Group (Neutral) - Bank IPO a Step Towards Unlocking Fintech but Mobile Worries Remain

Rakuten Bank Tearsheet - Japan Largest Internet Bank

Rakuten (Neutral) - Q4 21 Results Reaction: Hard to Look past Mobile Losses

Equity Bottom-Up

<ul>
<li>We have a non-consensus Bullish call on Rakuten and see over 60% upside to the share price</li>
<li>The key driver will be a recovery in the Mobile Business</li>
<li>We expect losses to gradually improve as roaming fees and customer acquisition costs start to decline</li>
</ul>


We have a non-consensus Bullish call on Rakuten and see over 60% upside to the share price
The key driver will be a recovery in the Mobile Business
We expect losses to gradually improve as roaming fees and customer acquisition costs start to decline


Rakuten (4755 JP) | Time to Cover the Shorts