Yahoo! Japan Reports JPY31.99bn Net Profit

News: Japan-based Softbank Corp's subsidiary Yahoo! Japan registered a net profit of JPY31.99bn (USD312mn) in Q413, ended March 31, reports Telecompaper, citing the firm's earnings statement. The company posted a 3.5% year-on-year (y-o-y) rise in revenues to JPY101.3bn (USD991mn). Yahoo! Japan registered an 8.8 y-o-y rise in net profit to JPY125.1bn (USD1.22bn) in FY13, and a 12.6% increase in revenues to JPY386.2bn (USD3.77bn). Revenues from the marketing solutions business segment stood at JPY272.5bn (USD2.66bn), up 15.8 y-o-y. The company posted a 0.8% y-o-y increase in consumer business revenues to JPY101.8bn (USD995mn). The company estimates revenues and operating profits of JPY335.9bn (USD3.28bn) and JPY93.4bn (USD913mn) respectively in FY14.

Yahoo! Japan Reports JPY31.99bn Net Profit

News: Japan-based Softbank Corp's subsidiary Yahoo! Japan registered a net profit of JPY31.99bn (USD312mn) in Q413, ended March 31, reports Telecompaper, citing the firm's earnings statement. The company posted a 3.5% year-on-year (y-o-y) rise in revenues to JPY101.3bn (USD991mn). Yahoo! Japan registered an 8.8 y-o-y rise in net profit to JPY125.1bn (USD1.22bn) in FY13, and a 12.6% increase in revenues to JPY386.2bn (USD3.77bn). Revenues from the marketing solutions business segment stood at JPY272.5bn (USD2.66bn), up 15.8 y-o-y. The company posted a 0.8% y-o-y increase in consumer business revenues to JPY101.8bn (USD995mn). The company estimates revenues and operating profits of JPY335.9bn (USD3.28bn) and JPY93.4bn (USD913mn) respectively in FY14.

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