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Vodafone K.K. has just announced its results for fiscal 2005 (the year ended at 31 March 2006). Positive net customer additions of 169,200 were recorded in the period due to an expanded lineup of handsets well-suited to the Japanese market, improved network coverage, and the launch of attractive price plans. Net customer additions in the period represented an increase of 79,900 compared to 89,300 in the previous fiscal year and achievement of the turnaround plan announced at the beginning of the period. Consolidated operating revenues declined slightly to 1,467.6 billion yen and consolidated ordinary income declined by 51.5% to 74.4 billion yen. Consolidated net profit was 49.5 billion due to an extraordinary profit of 20.0 billion yen.
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Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.
Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!