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KDDI
KDDIY reported a 28.7% drop in its net profit for the first quarter.
KDDI's quarterly net profit fell to Y51.29 billion, versus Y71.95 billion, in the year-ago period.
Its operating profit declined 32.8% to Y94.21 billion, versus Y140.10 billion. KDDI's revenue fell to Y861.62 billion from Y864.96 billion.
For the current fiscal year, KDDI expects a net profit of Y250 billion on revenue of Y3.580 trillion. It expects an operating profit of Y500 billion for the same period.
KDDI shares closed at $16.78 yesterday.
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