“In credit card related services, we will continue striving to achieve further growth of shopping transaction value by strengthening marketing initiatives aimed at expansion of market share and promotion of group synergy. In banking services, a solid expansion of operations is expected due the steady accumulation of loan balances. Meanwhile expenses are expected to grow in both of these services due to changes inn accounting standards (IFRS 9). It is difficult to make a forecast for securities services due to the substantial impact of stock market conditions. In insurance services, revenues and operating income expected to increase, once Asahi Fire & Marine Insurance becomes a subsidiary in March 2018.”
global.rakuten.com/corp/investors/documents/results/
And click there at: Latest IR Materials Earnings Release for Q4 of FY2017 Financial Results
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