The 3.5% Capital Ratio: A Parade of the Dead
“3.5% Equity Ratio.”
How many Japanese investors truly grasp the savage reality behind this figure?
In the cold, calculating world of Wall Street algorithms, this financial state has long surpassed the threshold of “Going Concern” doubt; it is a “cadaver” already set in rigor mortis.
If Rakuten Group were a Delaware-incorporated U.S. entity, any sober analyst would ask with pity, “Where are the Chapter 11 bankruptcy filings?”
