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