--- title: "Weekly Recap: Q1 profit rebound and virtualization cuts for mobile prices" type: "News" locale: "en" url: "https://longbridge.com/en/news/295457610.md" description: "Rakuten Group reported a Q1 net profit of ¥27.19B on ¥665.47B revenue, reversing prior-year losses, though six-month figures show operating and net losses. To maintain low mobile prices amid inflation, the company plans to cut network costs through virtualization, passing savings to customers." datetime: "2026-08-10T22:15:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295457610.md) - [en](https://longbridge.com/en/news/295457610.md) - [zh-HK](https://longbridge.com/zh-HK/news/295457610.md) generator: "portal-rs" --- # Weekly Recap: Q1 profit rebound and virtualization cuts for mobile prices Rakuten Group, Inc. (TSE:4755) posted a Q1 net profit of ¥27.19B on ¥665.47B revenue even as six‑month sales rose 12.9% to ¥1.31T with continued operating and net losses, and says it will keep mobile prices low by cutting network costs via virtualization to shield customers from inflation. **Previous Week Recap** - **Rakuten Group, Inc. Q1 Net Income**: Rakuten Group (4755): Q1 net income ¥27.19B vs prior-year loss; Q1 revenue ¥665.47B. Six months to June 30: sales ¥1.31T (+12.9%), operating loss ¥50.44B, net loss ¥10.94B. 3 sources - **Rakuten Group, Inc. Low Mobile Prices**: Rakuten Group (4755) will keep mobile prices low amid inflation, using network virtualization cost cuts to pass savings to customers and help households with affordable mobile service. Dow Jones Newswires **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources. ### Related Stocks - [RKUNY.US](https://longbridge.com/en/quote/RKUNY.US.md) - [4755.JP](https://longbridge.com/en/quote/4755.JP.md) ## Related News & Research - [Rakuten Group Shares Plunge After Quarterly Operating Profit Disappoints](https://longbridge.com/en/news/295636168.md) - [CXDO: AI-driven innovation, strong growth, and accretive acquisitions fuel expansion and profitability](https://longbridge.com/en/news/296250013.md) - [Hacker targets Grand Theft Auto VI in apparent leak](https://longbridge.com/en/news/296543743.md) - [Yiren Digital plans to expand standardized enterprise AI model across existing businesses, target new verticals](https://longbridge.com/en/news/296209682.md) - [Carl Icahn Trims JetBlue, AEP Stakes While Sitting Out New Stock Bets](https://longbridge.com/en/news/296111268.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**