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Leadership History

Rakuten: CEO History

2 leaders · 1997 to present

Who is the CEO of Rakuten?

Hiroshi Mikitani is the CEO of Rakuten, in the role since 1997.

Current CEO
Hiroshi Mikitani (since 1997)
Leaders documented
2
Founded
1997
NameRoleFromToYears in role
Hiroshi MikitaniFounder, Chairman & Chief Executive Officer1997Present29
Masatada KobayashiCo-Founder1997202427

Company Overview

Rakuten is one of Japan's largest digital platforms and is often compared with Amazon, though its model is closer to a marketplace plus a financial group. It runs Rakuten Ichiba, one of Japan's top two e-commerce marketplaces with Amazon Japan, a leading credit card issuer, Japan's largest online bank by accounts, a top online brokerage, and Rakuten Mobile, the country's newest network operator. Rakuten Points connect these services, and overseas the group owns Rakuten Rewards, Kobo and Viber. The company is headquartered in Tokyo, Japan.

Rakuten makes money from three segments tied together by one Rakuten ID and Rakuten Points. Internet Services (Rakuten Ichiba, Rakuten Travel, Rakuten Rewards, Kobo) earns merchant fees, commissions and advertising, since Ichiba is a marketplace where independent shops run their own storefronts rather than a first-party retailer. FinTech (Rakuten Card, Rakuten Bank, Rakuten Securities, Rakuten Payment, insurance) earns interchange, revolving-credit interest, deposit spreads and brokerage fees. Mobile (Rakuten Mobile and Rakuten Symphony) earns monthly subscription revenue and telecom software fees. Customers who use more Rakuten services earn more points through the Super Point Up (SPU) program, which lowers churn and acquisition costs across the group.

Hiroshi Mikitani

Founder, Chairman & Chief Executive Officer

1997 – Present

29 years (current)

Key Decisions & Impact

Entering fintech in the mid-2000s; the 2010 'Englishnization' policy; the 2011-2014 overseas deals for Kobo, Ebates and Viber; the 2018 decision to build a mobile network; and the 2026 consolidation of card and securities under Rakuten Bank.

Legacy

Founded Rakuten in 1997 and still leads it as chairman and CEO. Built Ichiba, expanded into card, banking and brokerage, mandated English internally in 2010, and launched Rakuten Mobile.

Masatada Kobayashi

Co-Founder

1997 – 2024

27 years

Legacy

Masatada Kobayashi co-founded Rakuten alongside Hiroshi Mikitani. He was instrumental in establishing the early technical and operational framework of the Rakuten Ichiba marketplace, laying the groundwork for its expansion into a global internet services ecosystem.

Challenges & Strategic Context

Rakuten operates in a highly dynamic and capital-intensive Japanese digital commerce and telecommunications landscape. Key challenges include managing the ongoing capital expenditure and operating turnaround of Rakuten Mobile as it builds out 5G base stations and sub-1 GHz 'platinum band' coverage across Japan; defending domestic e-commerce leadership on Rakuten Ichiba against Amazon Japan's aggressive Prime delivery logistics network; maintaining credit underwriting quality and managing default risks in its large consumer credit card loan book; monetizing international digital media assets (Kobo, Rakuten TV); and navigating corporate debt maturities associated with its initial telecom network buildout.

Rakuten CEO and Leadership FAQ

Who is Hiroshi 'Mickey' Mikitani and what is his founding journey with Rakuten?

Hiroshi 'Mickey' Mikitani is the founder, Chairman, and CEO of Rakuten Group. An alumnus of Hitotsubashi University and Harvard Business School (MBA 1993), Mikitani left a successful career at the Industrial Bank of Japan to launch Rakuten in 1997, growing it into a global tech empire.

What motivated Hiroshi Mikitani to become an internet entrepreneur in 1997?

Following the devastating 1995 Great Hanshin Earthquake in his hometown of Kobe, Mikitani realized life was too short to remain in traditional banking. Driven by a mission to revitalize the stagnant Japanese economy, he founded MDM, Inc. (renamed Rakuten) to empower regional Japanese merchants through internet commerce.

What was Mikitani's famous 'Englishnization' policy introduced in 2010?

In 2010, Mikitani announced that all internal meetings, emails, executive presentations, and cafeteria menus at Rakuten would transition strictly to English. Despite initial skepticism in Japan, Englishnization transformed Rakuten into one of the most international tech companies in Asia.

What leadership philosophy does Hiroshi Mikitani champion through 'Shikumi'?

Mikitani champions 'Shikumi' (systematized framework) and his 'Business Principles for Success', emphasizing continuous 1% daily improvement (Kaizen), speed as a weapon, extreme customer satisfaction, and total professional ownership.

How did Mickey Mikitani make the daring decision to enter mobile telecommunications?

In 2018, Mikitani made the audacious strategic bet to build Japan's 4th mobile network from scratch using virtualized Open RAN technology, taking on entrenched telecom giants to lower mobile costs for Japanese society despite Wall Street skepticism.

What philanthropic and civic leadership has Hiroshi Mikitani demonstrated?

Mikitani has donated billions of yen to international disaster relief, established the Mikitani Foundation, donated millions directly to humanitarian relief in Ukraine, and served as Chairman of the Japan Association of New Economy (JANE) promoting startup innovation.

Who are the key executive leaders supporting Hiroshi Mikitani at Rakuten?

Mikitani is supported by senior executive leaders including Tareq Amin (former CEO of Rakuten Mobile/Symphony who pioneered Open RAN architecture), Sharad Sriwastawa (CTO of Rakuten Mobile), and veteran fintech leaders directing Rakuten Card and Bank.

What is Hiroshi Mikitani's long-term legacy and vision for Rakuten?

Mikitani envisions Rakuten as a humanitarian tech company that leverages AI, cloud telecommunications, and digital finance to empower local communities, democratize technology access, and inspire Japanese entrepreneurship on the global stage.

Who is the CEO of Rakuten Group, Inc.?

Hiroshi "Mickey" Mikitani is the Founder, Chairman, and Chief Executive Officer of Rakuten Group, Inc., having led the company continuously since its incorporation in 1997.

What was Hiroshi Mikitani’s professional background before founding Rakuten?

Mikitani graduated from Hitotsubashi University and worked as an investment banker at the Industrial Bank of Japan (IBJ); he earned his MBA from Harvard Business School before resigning from IBJ following the 1995 Kobe earthquake to pursue high-impact tech entrepreneurship.

What motivated Hiroshi Mikitani to start Rakuten in 1997?

After witnessing the devastation of his hometown of Kobe in 1995, Mikitani realized life was too short for corporate bureaucracy; he sought to revitalize the sluggish post-bubble Japanese economy by empowering regional small businesses through the internet.

Why did Hiroshi Mikitani enact the "Englishnization" policy in 2010?

Mikitani recognized that Japan’s declining demographics would eventually cap domestic growth; to transform Rakuten into a true global technology enterprise, he mandated that all internal meetings, emails, and documentation be in English.

What sports franchises does Hiroshi Mikitani own or sponsor?

Mikitani founded the Tohoku Rakuten Golden Eagles baseball team (2004), acquired soccer club Vissel Kobe (signing global icons like Andrés Iniesta), and negotiated historic global jersey sponsorships with FC Barcelona and the Golden State Warriors.

How is Hiroshi Mikitani viewed in Japan’s business community?

Mikitani is widely viewed as a maverick disrupter who regularly challenges traditional Japanese corporate conservatism, founding the Japan Association of New Economy (JANE) to lobby for startup-friendly deregulation.

How does Mikitani manage the balance between entrepreneurial boldness and risk?

Mikitani is known for high-conviction strategic bets—such as building Rakuten Mobile from scratch—consistently demonstrating the agility to pivot capital structures, form banking partnerships, and defend core ecosystem earnings.

What corporate culture philosophy did Mikitani instill at Rakuten?

Mikitani established the "Five Principles for Success" and the concept of "Shikumika" (systematization): Always Improve, Always Advance; Passionately Professional; Hypothesize, Execute, Validate; Maximize Customer Satisfaction; and Speed, Speed, Speed.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.