Rakuten's Mikitani aims to issue bonds for Japanese investors.

Hiroshi Mikitani aims to sell more bonds to Japanese investors to diversify funding amid improving confidence in Rakuten's business.

Billionaire Hiroshi Mikitani is looking to shake things up by pushing his Rakuten Group to sell more bonds to Japanese investors. He’s all about diversifying funding away from overseas debt. In an interview, he mentioned that “bond investors are very, very confident or building their confidence in our business,” which is a big deal.

According to him, the yields on Rakuten’s debt have dropped significantly, showing that perceptions are improving after some tough years on the financial front. If they can successfully dive into the domestic bond market, it could really boost their momentum, but let’s not kid ourselves—there are still plenty of challenges ahead.

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