Rakuten Bank, Ltd.
Rakuten Bank, Ltd. provides internet banking products and services to individual, corporate, and sole proprietor customers in Japan. Its deposit products include fixed-term, foreign currency, and yen deposits; securities; and investment trusts. The company also offers card loans, securities-backed loans, real estate secured loans, reverse mortgages, educational loans, mortgages, and insurance pro… Read more
Rakuten Bank, Ltd. (N5G) - Net Assets
Latest net assets as of September 2025: €356.09 Billion EUR
Based on the latest financial reports, Rakuten Bank, Ltd. (N5G) has net assets worth €356.09 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€15.71 Trillion) and total liabilities (€15.35 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €356.09 Billion |
| % of Total Assets | 2.27% |
| Annual Growth Rate | 15.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.63 |
Rakuten Bank, Ltd. - Net Assets Trend (2022–2025)
This chart illustrates how Rakuten Bank, Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rakuten Bank, Ltd. (2022–2025)
The table below shows the annual net assets of Rakuten Bank, Ltd. from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €319.11 Billion | +14.14% |
| 2024-03-31 | €279.59 Billion | +20.68% |
| 2023-03-31 | €231.68 Billion | +12.20% |
| 2022-03-31 | €206.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rakuten Bank, Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 71.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €271.93 Billion | 89.97% |
| Other Components | €30.31 Billion | 10.03% |
| Total Equity | €302.24 Billion | 100.00% |
Rakuten Bank, Ltd. Competitors by Market Cap
The table below lists competitors of Rakuten Bank, Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leader Harmonious Drive Systems Co Ltd
SHG:688017
|
$3.02 Billion |
|
Thule Group AB (publ)
OTCGREY:THLPF
|
$3.02 Billion |
|
Aditya Birla Capital Limited
NSE:ABCAPITAL
|
$3.02 Billion |
|
Centuri Holdings, Inc.
NYSE:CTRI
|
$3.02 Billion |
|
Puya Semiconductor Shanghai Co Ltd
SHG:688766
|
$3.02 Billion |
|
Chesapeake Utilities Corporation
NYSE:CPK
|
$3.01 Billion |
|
Vallourec S.A
PINK:VLOUF
|
$3.01 Billion |
|
Integer Holdings Corp
NYSE:ITGR
|
$3.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rakuten Bank, Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 260,692,000,000 to 302,244,000,000, a change of 41,552,000,000 (15.9%).
- Net income of 50,779,000,000 contributed positively to equity growth.
- Other factors decreased equity by 9,227,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €50.78 Billion | +16.8% |
| Other Changes | €-9.23 Billion | -3.05% |
| Total Change | €- | 15.94% |
Book Value vs Market Value Analysis
This analysis compares Rakuten Bank, Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | €1100.34 | €33.20 | x |
| 2023-03-31 | €1252.98 | €33.20 | x |
| 2024-03-31 | €1494.09 | €33.20 | x |
| 2025-03-31 | €1732.23 | €33.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rakuten Bank, Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.10%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 48.80x
- Recent ROE (16.80%) is above the historical average (13.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 10.71% | 30.30% | 0.01x | 50.73x | €1.33 Billion |
| 2023 | 13.00% | 34.39% | 0.01x | 54.40x | €6.39 Billion |
| 2024 | 13.21% | 36.86% | 0.01x | 51.71x | €8.37 Billion |
| 2025 | 16.80% | 41.10% | 0.01x | 48.80x | €20.55 Billion |
Industry Comparison
This section compares Rakuten Bank, Ltd.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $2,151,195,313,100
- Average return on equity (ROE) among peers: 3.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rakuten Bank, Ltd. (N5G) | €356.09 Billion | 10.71% | 43.12x | $3.02 Billion |
| PT Bank Sinarmas Tbk (08S) | $6.07 Trillion | 0.11% | 5.02x | $303.68 Million |
| Seven Bank Ltd (0S7) | $275.85 Billion | 11.59% | 5.23x | $648.12 Million |
| Aktia Pankki Oyj (2A41) | $666.83 Million | 6.39% | 14.86x | $486.03 Million |
| Manx Financial Group PLC (3IM) | $24.98 Million | 11.18% | 11.36x | $13.98 Million |
| TowneBank (3T8) | $1.14 Billion | 7.67% | 6.46x | $2.10 Billion |
| TISCO Financial Group PCL (47T) | $42.45 Billion | 17.20% | 5.85x | $2.09 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $44.90 Billion | 9.50% | 14.37x | $867.69 Million |
| Fukuoka Financial Group Inc (4FK) | $853.06 Billion | 12.97% | 28.39x | $6.27 Billion |
| PT Bank KB Bukopin Tbk (5BB) | $14.11 Trillion | -42.76% | 4.97x | $15.54 Million |
| FIDEA Holdings Co. Ltd (5F9) | $109.23 Billion | 3.21% | 28.89x | $177.57 Million |