Q1 2019 Rakuten Inc Earnings Presentation Transcript

May 10, 2019 / 07:10AM GMT

Release Date Price: $10.67 (+3.89%)

Transcript

Unidentified Participant

So once again, good afternoon and thank you for joining the 2019 first-quarter financial results meeting for investors and analysts. Let me introduce the participants. In the front row on your left is Kenji Hirose; Masayuki Hosaka; Yoshihisa Yamada; Kentaro Hyakuno. And then in the second row from your left: Hiroyuki Nagai; Yasufumi Hirai; Makoto Arima; Kazunori Takeda; Naho Kono; Hiroshi Takasawa. In the third row from the left, Koichi Nakamura; Noriaki Komori. We have 12 executives present. I would like to ask CFO, Mr. Hiroshi, to make the presentation.

Hiroshi Mikitani

Rakuten, Inc. - CFO

I would like to report to you the results of the first quarter of 2019. The first highlights, as you see here, the revenue was up 15.9% year-on-year and you see GSM (sic - GMS) as well as the global GTV. Both of them achieved a robust growth

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