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How Rakuten is planning to run
         their entire business in English?



Kenji Yamada
  s1170041
Outline

• Rakuten is..?
• Why English is needed in Rakuten
• Strategy of Rakuten
• English communication abilities
• Creating environment for employee to
  study English
• Why use English in official
• 4 things since established Rakuten
• Reference
Rakuten is..?
• Founded:                  February 7, 1997
• IPO:                      April 19, 2000(Jasdaq Stock Exchange)
• Chairman &CEO             Hiroshi Mikitani

The First Office : Atago in Tokyo, Japan
Employees : 5 (at the establishment)
Business : Rakuten Ichiba (online mall)


New Office : Rakuten Tower Tokyo, Japan
Employees : 4,874 (as of Dec. 2008)
Market Cap: 662 Billin yen or US$6.8 Billion
             (JASDAQ, as of Feb 27, 2009)
Business : Rakuten Ichiba, Rakuten Travel,
           Rakuten Securities, Rakuten Credit,
           Rakuten KC, etc (online mall)
Why English is needed in Rakuten




• Rakuten work together not only Japanese company but also
  foreign company

• There are many people that foreigner working in Rakuten

• Rakuten has a lot of customer as foreigner
Strategy of Rakuten

• Rakuten Inc is announcing it will make English it’s
  official language by 2012.
• Internal meetings will be in English whether
  foreigners are present or not.
• Members who can’t speak English in 2 years will
  be fired.
• Board meetings and weekly all-company meetings
  have been in English since March.
English communication abilities

• Mikitani think that when Rakuten is aimed at world
  company, the group’s 6,000 employee have to use English
  after 2 years.

• Rakuten’s employee do not use the Japanese in entire
  business after 2 years. So their business is changing now.
Creating environment for employee
                   to study English


• Rakuten employees are under a lot of pressure to learn
  English
• 200 employees out of 3,000 working at the headquarters
  take lessons from Berlitz Japan Inc.
• Everybody spends their own money for lessons and is
  committed to learning English.
• Rakuten is not providing financial support for lessons, but
  Berlitz offers a discount
Why use English in official
"Rakuten has a culture of uniting under
Mikitani's top-down decisions,“


"For Mikitani, Rakuten is doing something
normal at a normal speed, but the speed is
very fast for other firms.“
                       -UBS Securities Japan Ltd.
                    analyst Sumito Takeda said-
4 things since established Rakuten

• The internet becomes more convenient
  more easily.
• The internet spreads explosively.
• The Japanese comes to buy the thing on the
  internet.
• Circulation changes on the Internet.
Reference

– http://www.japantimes.co.jp/text/nn20100716f1.html

– http://global.rakuten.com/en/

– http://www.asahi.com/english/TKY201007010404

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How rakuten is.pptx

  • 1. How Rakuten is planning to run their entire business in English? Kenji Yamada s1170041
  • 2. Outline • Rakuten is..? • Why English is needed in Rakuten • Strategy of Rakuten • English communication abilities • Creating environment for employee to study English • Why use English in official • 4 things since established Rakuten • Reference
  • 3. Rakuten is..? • Founded: February 7, 1997 • IPO: April 19, 2000(Jasdaq Stock Exchange) • Chairman &CEO Hiroshi Mikitani The First Office : Atago in Tokyo, Japan Employees : 5 (at the establishment) Business : Rakuten Ichiba (online mall) New Office : Rakuten Tower Tokyo, Japan Employees : 4,874 (as of Dec. 2008) Market Cap: 662 Billin yen or US$6.8 Billion (JASDAQ, as of Feb 27, 2009) Business : Rakuten Ichiba, Rakuten Travel, Rakuten Securities, Rakuten Credit, Rakuten KC, etc (online mall)
  • 4. Why English is needed in Rakuten • Rakuten work together not only Japanese company but also foreign company • There are many people that foreigner working in Rakuten • Rakuten has a lot of customer as foreigner
  • 5. Strategy of Rakuten • Rakuten Inc is announcing it will make English it’s official language by 2012. • Internal meetings will be in English whether foreigners are present or not. • Members who can’t speak English in 2 years will be fired. • Board meetings and weekly all-company meetings have been in English since March.
  • 6. English communication abilities • Mikitani think that when Rakuten is aimed at world company, the group’s 6,000 employee have to use English after 2 years. • Rakuten’s employee do not use the Japanese in entire business after 2 years. So their business is changing now.
  • 7. Creating environment for employee to study English • Rakuten employees are under a lot of pressure to learn English • 200 employees out of 3,000 working at the headquarters take lessons from Berlitz Japan Inc. • Everybody spends their own money for lessons and is committed to learning English. • Rakuten is not providing financial support for lessons, but Berlitz offers a discount
  • 8. Why use English in official "Rakuten has a culture of uniting under Mikitani's top-down decisions,“ "For Mikitani, Rakuten is doing something normal at a normal speed, but the speed is very fast for other firms.“ -UBS Securities Japan Ltd. analyst Sumito Takeda said-
  • 9. 4 things since established Rakuten • The internet becomes more convenient more easily. • The internet spreads explosively. • The Japanese comes to buy the thing on the internet. • Circulation changes on the Internet.