Softbank's Q1 profit drops 58.7%

Friday 8 August 2014 | 10:38 CET | News
Japanese communications carrier Softbank saw its net income decrease by 58 percent to JPY 111.3 billion in the fiscal first quarter ended 30 June from JPY 269.6 billion a year earlier. Net sales jumped 126.1 percent to JPY 881.07 billion from JPY 1.9 trillion. The growth was mainly due to the consolidation of Sprint, Brightstar, Supercell, and Willcom (currently Ymobile Corporation). Domestic mobile communications sales went up 33.4 percent to JPY 882.90 billion. Softbank added 557,000 mobile subscribers in the quarter, bringing its total to 36.4 million. Willcom had 5.31 million subscribers,

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Brightstar / Softbank / Sprint / Willcom
Countries: Japan
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


SoftBank to increase Supercell stake to 73.2%

Published 01 Jun 2015 13:43 CET | Finland
Japanese operator SoftBan has agreed with existing investors to acquire an additional stake in games developer Supercell, a ...

Softbank H1 net income jumps 36.6%

Published 04 Nov 2014 10:24 CET | Japan
Japanese communications provider Softbank posted a net income of JPY 608.4 billion for the first half ended 30 September, which ...

SoftBank to launch humanoid robots in US during summer 2015

Published 02 Sep 2014 15:02 CET | Japan
Chief executive officer of SoftBank, Masayoshi Son will begin selling his humanoid robots, named "Pepper" at Sprint stores in the ...