Rakuten Bank Debuts After Largest Japan IPO Since 2018

The video discusses a significant share sale in Japan, highlighting Rakuten's IPO, which is the largest in Tokyo in over four years. Despite financial challenges and competition from companies like Amazon, Rakuten aims to raise ¥85 billion. Bloomberg Intelligence suggests that while the IPO proceeds will help, Rakuten may still need additional funds to maintain its cash balance. The video also compares Rakuten's IPO to other successful banking IPOs in Japan, indicating potential investor interest.

What was the initial indicative price range for Rakuten Bank's shares before it was lowered?

• 1600 to 2000 yen

• 1500 to 1900 yen

• 1400 to 1800 yen

• 1200 to 1600 yen

What is one of the main financial challenges faced by Rakuten?

• Losses in the mobile phone sector

• High employee turnover

• Lack of technological innovation

• Decreasing e-commerce sales

How much additional funding does Bloomberg Intelligence estimate Rakuten will need by the end of the year?

• ¥60 billion

• ¥80 billion

• ¥70 billion

• ¥50 billion

Which bank's IPO performance is used as a guide for Rakuten Bank's expected market response?

• Mizuho Bank

• SBI Sumission Net Bank

• Mitsubishi UFJ Bank

• Nomura Bank

What was the average percentage increase in share price for companies that raised over ¥50 billion in their IPOs in Japan over the past 10 years?

• 5.3%

• 6.3%

• 8.3%

• 7.3%