Rakuten Group shares fell 10.12% to Y776.50 on Aug. 12, their lowest level in about two weeks, after the company reported January-June 2026 operating profit of Y50.4 billion, missing the Y70.8 billion analyst consensus compiled by QUICK. Revenue rose 11.6% year on year to Y665.5 billion, above the S&P Global Visible Alpha consensus of Y654.9 billion, while net profit swung to Y27.2 billion from a Y51 billion loss and operating profit improved from a Y6.6 billion loss a year earlier. Investors nevertheless focused on the slower path to profitability at Rakuten Mobile, where about Y200 billion of mobile network-related capital expenditures are planned for 2026, while dividend resumption remains undecided after no payout for the year ended December 2025.