Japan Post entered the final adjustments to book a loss of around 80 billion yen related to its shareholding in the rakuten Group in the financial results for the period from April to June 2023.
In March 2021, Japan Post invested approximately 150 billion yen in Rakuten, acquiring Rakuten shares at around 1145 yen per share.
Today's closing price for Rakuten is 501 yen.
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