KDDI Reports 1H Jump in Quartly Profits
KDDI Corp has reported a 27 percent jump in quarterly profit, attributed in part to lower handset subsidies, with operating profit at 138.5 billion yen ($1.38 billion) in the July-September quarter, against a 108.7 billion yen profit a year earlier. The company stuck to its profit forecast of 443 billion yen for the fiscal year ending March 2009.