Morning news on February 9 (Linxiang) Japan Softbank Group announced its results for the first three quarters of last year. The sales revenue in the past nine months reached 6.58 trillion yen, a slight decrease of 0.3% year-on-year; net profit was 903.9 billion yen, jumped 76.9. %.
In the third quarter, Softbank's sales revenue was 2.31 trillion yen, down 0.56% year-on-year; operating income reached 295.7 billion yen, up 71.16% year-on-year; shareholders' profit attributable to shareholders was 91.18 billion yen, a 38.8-fold increase.
Data show that during the nine-month period, net sales in the domestic telecommunications market increased by 2.5 percent year-on-year to JPY 2 trillion. Among them, telecom business revenue increased by 2% year-on-year, 1 trillion yuan, and product and other sales increased by 4.2% to 571.8 billion yen. The growth in revenue from telecom services was mainly attributable to the continued growth of soft silver optical fiber service users, with broadband revenue increasing by 56.6%. On the other hand, mobile communications revenue was 1 trillion yen, down 2% year-on-year.
This performance reflects the improvement in the performance of Softbank's acquisition of US telecommunications company Sprint. In 2013, Softbank acquired Sprint for US$22 billion, which narrowed its losses in the third quarter and continued to expand its subscriber base.
The data shows that US operator Sprint's net sales increased by 2.9% year-on-year to US$24.8 billion, and the increase in equipment revenue exceeded the offset of telecom business revenue. In nine months, ARM contributed 138.1 billion yen in revenue, up 8% year-on-year.
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