SOFTBANK CORP. announced its earnings results for the three-month period ended June 30, 2010 on July 29, 2010. The highlights at the announcement were the following three topics.
Consolidated earnings of the SOFTBANK Group for the three-month period ended June 30, 2010 resulted in net sales of 700.8 billion yen (105% year-on-year), EBITDA*2 of 227.2 billion yen (123% year-on-year), operating income of 156.6 billion yen (145% year-on-year), and ordinary income of 126.8 billion yen (161% YoY).
Mobile Communications segment increased the number of subscribers with continued strong sales of iPad and iPhone 4 which were launched in May and June 2010 respectively, resulting in expansion of the revenue that drove increases in consolidated revenue and profit. Operating income increased 70% year-on-year, achieving a record high for 4 consecutive periods.
iPad is expected to attract corporate users with its performance advantage, and many major companies have announced the introduction of iPad which is considered as a replacement of catalog or paper documents used by sales people.
The SOFTBANK Group strives to provide better services every day by reflecting customers' voices received via Twitter in our operations. The number of completed measures which Mr. Son, the SOFTBANK Group representative, responded “Let's do it” to exceeded 50 on August 9, 2010.
One of the abovementioned measures is “SoftBank Network Enhancement Initiative”. As a key element of this initiative, SOFTBANK MOBILE Corp. is working to increase the number of base stations from 60,000 as of the end of March, 2010 to 120,000 by the end of March, 2011. In addition, SOFTBANK received 30,000 applications for Femtocell micro mini-base stations for residential use to be provided free of charge as of July 29, 2010, and shops and service areas in which “SoftBank Wi-Fi Spot” is available are expanding gradually.
For the further development of strategic group synergies, one of the world's largest eCommerce markets was launched by Yahoo Japan Corporation and Alibaba Group's Taobao on June 1, 2010, and USTREAM Asia was established on May 18, 2010. On the day of the Earnings Results announcement, SOFTBANK CORP. and ZYNGA, the world's largest social game developer, announced the launch of a joint venture, Zynga Japan.
Zynga is the world's largest social game developer with 230 million of monthly active users. In the App Ranking of Facebook, the world's largest SNS site, 6 out of top 10 titles are social game applications provided by Zynga. Based in Japan, Zynga Japan will strive to produce the best social games in the market.
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