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Wireless

Softbank's quarterly revenue jumps 32% following Yahoo Japan integration

Tuesday 6 August 2019 | 09:47 CET | News
SoftBank saw its revenue jump 32 percent year-on-year to JPY 1.164 trillion for the three months ended 30 June 2019 (Q1 FY2019). Revenue growth was mainly boosted by the consolidation of Yahoo Japan into a SoftBank subsidiary in June this year. Operating income rose by 22 percent year-on-year to JPY 268.9 billion, while net income increased by 6 percent year-on-year to JPY 164.8 billion. Net income fell 1.2 percent year-on-year to JPY 172.6 billion in the 3-month period. This mainly reflected a decrease in income taxes in the same period of the previous fiscal year due to the recording of tax

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Categories: Mobile & Wireless
Companies: Softbank / Yahoo / Yahoo Japan
Countries: Japan
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