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Article: Yahoo Japan Posts Record Profit, Revenues in FY 2003.
- Article from:
- Kyodo News International (Tokyo, Japan)
- Article date:
- April 21, 2004
CopyrightCOPYRIGHT 2004 Kyodo News International. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Apr. 21--TOKYO -- Internet portal operator Yahoo Japan Corp. said Wednesday it set new all-time highs for its group net profit and operating revenue in fiscal 2003 due mainly to a growing number of Japanese Net users as well as the strength of the advertising and broadband businesses.
In a group earnings report for the year to March 31, Yahoo Japan said its net profit more than doubled to 24.83 billion yen on a 28.2 percent increase in operating revenue to 75.78 billion yen.
Pretax profit also soared, up 75.6 percent to 41.31 billion yen.
Yahoo Japan said its operating revenue would have posted an even sharper 93.0 percent jump if it had applied ...