Sony Pixel Power calrec Sony

Financial Results for the First Quarter of the Fiscal Year Ending March 2024

28/07/2023

July 28,2023

KDDI Corporation

KDDI announced the financial results for the first quarter of the fiscal year ending March 2024.

Summary In the first quarter of the fiscal year ending March 31, 2024, consolidated operating revenue decreased 1.4% year on year, to 1,332.6 billion. Consolidated operating income was down 10.3%, to 266.7 billion mainly due to lower roaming revenues and accounting change impact YOY.

Profit for the period attributable to owners of the parent down 7.9% year on year, to 176.9 billion.

We have achieved 24.7% of our consolidated operating income target for the full fiscal year.

(Billions of yen)

1Q/FY2023.31Q/FY2024.3FY2024.3 (E)

yoyProgress

Operating revenue 1,351.7 1,332.6 -1.4% 5,800.0 23.0%

Operating income 297.3 266.7 -10.3% 1,080.0 24.7%

Operating margin 22.0% 20.0% -2.0pt 18.6% -

Profit for the period attributable to owners of the parent 192.2 176.9 -7.9% 680.0 26.0%

EBITDA 472.5 437.5 -7.4% 1,766.0 24.8%

EBITDA Margin 35.0% 32.8% -2.2pt 30.4% -

For more details, please refer to the following materials.

Materials

Presentation (2.2MB)

Financial Statements Summary for the three-month period ended June 30, 2023 (290KB)

Data Book (784KB)

For other disclosures, please refer to

IR News.

Live stream of the financial results for the first quarter of the fiscal year ending March 2024. The schedule is as follows.

Presentation session 15:30

QA session 17:15

Both sessions can be viewed from the page below.

Presentations

The information contained in the articles is current at the time of publication.

Products, service fees, service content and specifications, contact information, and other details are subject to change without notice.
LINK: https://news.kddi.com/kddi/corporate/english/ir-news/2023/07/28/6868.h...
See more stories from kddi

More from KDDI

02/11/2023

Financial Results for the First Half of the Fiscal Year Ending March 2024

November 2,2023 KDDI Corporation KDDI announced the financial results for the first half of the fiscal year ending March 2024. Summary In the first half of ...

31/10/2023

KDDI, Cisco, and Fujitsu start full-scale operation of telecommunications network to reduce power consumption by approximately 40%

Multi-vendor metro network to combine IP layer and optical transmission layer ...

31/10/2023

KDDI, SoftBank Corp. and Rakuten Mobile Announce Views on NTT Law

Three key areas where Japans national interests and citizens lives could be negatively impacted KDDI Corporation SoftBank Corp. Rakuten Mobile, Inc. Oct...

19/10/2023

180 Entities Submit Request to Oppose Abolition of NTT Law, Call for Careful Policy Discussions

KDDI Corporation October 19,2023 -- (Reference Translation [ 1]) On October...

16/10/2023

Notice Concerning Change of Certified Public Accountant, etc. due to Merger

October 16,2023 -- KDDI Corporation Pursuant to the provisions of Article 193-2, Paragraphs 1 and 2 of the Financial Instruments and Exchange Act, KDDI Corpo...

01/09/2023

KDDI to Collaborate with AWS to Bring Generative AI to Society

Supporting businesses, municipalities and start-ups wanting to use generative AI to accelerate solutions to social challenges KDDI Corporation September 1...

30/08/2023

KDDI Signs Agreement with SpaceX to Bring Satellite-to-Cellular service to Japan

Connecting KDDI Customers, Wherever You See the Sky KDDI Corporation August 30,2023 -- (Updated September 5, 2023) KDDI and SpaceX today announced an a...

01/08/2023

MOL, KDDI Launch Starlink Utilization Trials on Cruise Ship, Ferries, Coastal RORO Vessel

Contributing to High-speed Communication and Safe Navigation for Crewmembers and...

28/07/2023

Financial Results for the First Quarter of the Fiscal Year Ending March 2024

July 28,2023 KDDI Corporation KDDI announced the financial results for the first quarter of the fiscal year ending March 2024. Summary In the first quarter ...

20/07/2023

KDDI Evolva and Relia Establishing Altius Link as an Integrated Company

Aiming for Heights with Digital BPO, toward a Trusted Partner KDDI Evolva, Inc. Relia, Inc. KDDI CORPORATION Mitsui & Co., Ltd. July 20,2023 -- KDDI ...

19/07/2023

Joining Global Initiative "RE100" toward using 100% renewable electricity

KDDI Corporation July 19,2023 -- On July 6, 2023, KDDI joined RE100, a global initiative that aims to achieve 100% of the electricity used in members busines...

21/06/2023

Notice Regarding the Establishment of a New Subsidiary in Canada

June 21,2023 KDDI Corporation KDDI Corporation (KDDI) is pleased to announce the establishment of a subsidiary in Canada to expand the companys global data ce...

08/06/2023

KDDI Started to Deploy Telecom Infra Project (TIP) incubated Distributed Disaggregated Backbone Routers (DDBR)

KDDI Corporation June 8,2023 -- Tokyo, June 8, 2023 Today, KDDI announced t...

31/05/2023

Notice Regarding Results and Completion of Repurchase through Self Tender Offer by a Consolidated Subsidiary

May 31,2023 KDDI Corporation KDDI announces the results and completion of repu...

11/05/2023

KDDI and Rakuten Mobile Reach New Roaming Agreement

KDDI Corporation Okinawa Cellular Telephone Company Rakuten Mobile, Inc. May 11,2023 -- Tokyo, May 11, 2023 KDDI Corporation, Okinawa Cellular Telephone Co...

11/05/2023

Financial Results for the Fiscal Year Ended March 2023

May 11,2023 KDDI Corporation KDDI announced the financial results for the fiscal year ended March 2023. Summary In the fiscal year ended March 31, 2023, con...

27/04/2023

Notice Regarding Repurchase of Own Shares and Repurchase through Self Tender Offer by a Consolidated Subsidiary

April 27,2023 KDDI Corporation The Board of Directors of Okinawa Cellular Tele...

27/03/2023

FLYWHEEL, Inc. and KDDI Group forge capital business partnership towards the realization of a secure and safe data-connected society

Promoting corporate digital transformation (DX) and inter-corporate collaboratio...

17/03/2023

NTT and KDDI signed a basic agreement to promote global standardization of optical network technologies

For a Resilient Network Infrastructure in the Beyond 5G/6G era Nippon Teleg...

09/03/2023

Notice of Nominees for Directors (Resolution planned, June 21, 2023)

March 9,2023 KDDI Corporation KDDI Corporation resolved at a meeting of the Board of Directors held today to change (newly appointed, retire) a director and n...

07/03/2023

KDDI and WPP Form a Strategic Partnership in Web3 Business

U to be launched globally in the first half of FY2023 KDDI Corporation March 7,2023 -- On March 7, 2023, KDDI entered into a basic agreement with WPP (h...

07/03/2023

KDDI Enters Into an MOU to Co-create Business by Leveraging Google Cloud and XR Technology

Linking the metaverse and Web3 service U with Immersive Stream for XR to create...

28/02/2023

JTB and KDDI, collaborate to restore tourism demand

Visitors can experience simulated sightseeing with smart glasses will be set up at Kansai International Airport KDDI Corporation February 28,2023 -- On ...

03/02/2023

SORACOM Withdrawals Application For Listing on Tokyo Stock Exchange

February 3,2023 -- KDDI Corporation SORACOM, a consolidated subsidiary of KDDI, announced on February 3, 2023 that it would withdraw its application for list...

02/02/2023

Financial Results for the Third Quarter of the Fiscal Year Ending March 2023

February 2,2023 KDDI Corporation KDDI announced the financial results for the third quarter of the fiscal year ending March 2023. Summary In the third quart...

24/01/2023

KDDI starts commercial deployment of 5G Open vRAN sites in Japan in collaboration with Samsung Electronics and Fujitsu Limited

Sites consist of general-purpose server equipment and can be used with all 5G sm...

13/01/2023

Business Integration of KDDI Evolva and Relia, Inc.

KDDI Corporation Mitsui & Co., Ltd. January 13,2023 -- On January 13, 2023, KDDI CORPORATION (Head office: Chiyoda-ku, Tokyo; President, Representative Dire...

16/12/2022

Sony and KDDI Succeed at Concurrent Communications Using Multiple Network Slices in 5G Standalone

The worlds first, one application uses multiple network slices concurrently ...

14/12/2022

CDP's Highest Climate Change Response Score Granted

Initiatives such as target setting, action and transparency in climate change operations highly rated KDDI Corporation December 14,2022 -- On December 1...

01/12/2022

KDDI launches the 1st Mobile Tower powered by SpaceX's Starlink in Japan

KDDI Corporation December 1,2022 KDDI announces today that the first mobile tower in Japan to use Starlink has started commercial operation in Hatsushima, a r...

18/11/2022

SORACOM Applies for Listing on the Tokyo Stock Exchange

KDDI CORPORATION SORACOM, INC. November 20,2023 -- KDDI CORPORATION and SORACOM, INC. today announced that SORACOM has applied to list its shares on the Tok...

02/11/2022

Financial Results for the First Half of the Fiscal Year Ending March 2023

November 2,2022 KDDI Corporation KDDI announced the financial results for the first half of the fiscal year ending March 2023. Summary In the first half of ...

25/10/2022

Integrated Sustainability and Financial Report 2022 Released Introducing Sustainability Targets to achieve KDDI VISION 2030

October 20,2022 -- On October 20, 2022, KDDI released its Integrated Sustain...

12/10/2022

KDDI to Offer SpaceX's Starlink to Enterprise and Civil Government Customers

KDDI Corporation October 12,2022 -- KDDI will begin offering Starlink connectivity to its enterprise and civil government customers later this year as part o...

29/07/2022

Financial Results for the First Quarter of the Fiscal Year Ending March 2023

July 29,2022 KDDI Corporation KDDI announced the financial results for the first quarter of the fiscal year ending March 2023. Summary In the first quarter ...

09/06/2022

Mitsui and KDDI Establish New Company (GEOTRA) to Promote City DX Using AI and Analyses of Personal Activity

New Company Will Contribute to Smart City Development by Providing Platform and ...

13/05/2022

KDDI Digital Divergence Holdings Launched

May 13,2022 KDDI Corporation KDDI Agile Development Center Split Off to Enhance Agile Development Business On May 12, 2022, KDDI established an intermediar...

13/05/2022

KDDI VISION 2030 and Mid-Term Management Strategy Devised

May 13,2022 -- KDDI Corporation upon sustainability management that aims to achieve the sustainable growth of society and the enhancement of corporate valu...

13/05/2022

Notice Regarding Partial Changes to Articles of Incorporation

May 11,2023 -- KDDI Corporation KDDI Corporation (KDDI) hereby announces that at the meeting of the Board of Directors held today, it resolved to submit the ...

13/05/2022

Financial Results for the Fiscal Year Ended March 2022

May 13,2022 KDDI Corporation KDDI announced the financial results for the fiscal year ended March 2022. Summary In the fiscal year ended March 31, 2022, con...

28/02/2022

Sony and KDDI Succeed at using 5G Standalone for PlayStation (R) Game Streaming and 8K Live Streaming

Technological demonstrations to collaboratively create business and entertainmen...

21/02/2022

Japan's First Live Broadcast of "ABEMA" will be launched on 5G SA

February 21,2022 -- KDDI Corporation 5G SA commercially available for corporate customers starting February 21 On February 21, 2022, KDDI, in collaboratio...

18/02/2022

KDDI Successfully Turns on the World's First 5G Standalone Open RAN Site Powered by vRAN in Japan

Using Open RAN architecture powered by vRAN, KDDI accelerates the delivery of en...

15/02/2022

JAL and KDDI Collaborate to Create Social Infrastructure for Drones

Utilizing JALs Flight Safety Technology and Expertise in KDDIs Unmanned Aerial Traffic Management System to Promote Transformation into a Digital Society Ja...

28/01/2022

Establishment of KDDI SmartDrone Inc.

January 28,2022 KDDI Corporation Contribute to resolve social issues by providing new value through drones KDDI established a consolidated subsidiary (wholl...

28/01/2022

Financial Results for the Third Quarter of the Fiscal Year Ending March 2022

January 28,2022 KDDI Corporation KDDI announced the financial results for the third quarter of the fiscal year ending March 2022. Summary In the third quart...