KDDI CORPORATION

KDDI reports a 5.1% revenue increase in the first quarter of fiscal 2027, adjusted operating income growth of 21% and an adjusted net profit rise of 21.6%. Mobile metrics improved with 33.3 million active smartphones, an ARPU of 4,400 JPY and a lower churn rate of 1.17%, while AI, cloud and data center services grew strongly. Management reaffirmed the full-year forecast, stressed further investments in AI, cloud and security and plans three years of growth investments totaling 1 trillion JPY. There were weaknesses in the financial services business (au Financial Holdings); the stock rose about 2.8% after the results. » More on de.investing.com

KDDI acquired 28,536,516 newly issued ordinary shares of Coincheck Group at $2.28 each and now holds about 14.9% of the outstanding shares for approximately $65.1 million. KDDI receives registration rights for the shares and can nominate one person as a non-executive board member at the next annual general meeting. In addition, Japanese subsidiary Coincheck entered a business alliance with KDDI to jointly expand the digital assets market in Japan, including customer referral programs and revenue sharing. » More on de.investing.com

KDDI is acquiring 28,536,516 new common shares of Coincheck Group at $2.28 per share and will, upon completion of the transaction, hold an expected 14.9% of the outstanding common shares. The $65 million payment is to be completed in June 2026; KDDI will receive registration rights and may nominate one person to the board of directors at the next annual general meeting. At the same time, Japanese subsidiary Coincheck, Inc. and KDDI concluded a business alliance to jointly expand the digital asset market in Japan. J.P. Morgan advised Coincheck Group, and the transaction was legally supported by De Brauw Blackstone Westbroek and Simpson Thacher & Bartlett LLP. » More on de.investing.com

KDDI reported operating revenues of ¥6,071.9 billion for fiscal 2026 and adjusted net income of ¥756.7 billion, up 13.6% year on year; adjusted EPS rose to ¥196.46. The mobile business recovered thanks to LTV strategies and services such as au Starlink Direct (over 4 million connections) and made a major contribution to results, while the finance, energy, Lawson and DX segments posted double-digit growth. In response to incidents involving sham transactions, KDDI created a central governance division under the CFO, strengthened monitoring functions and plans AI-driven alert systems and formalized rules by June 2026. Management emphasizes further expansion of 5G, AI and DX offerings and selective international growth while maintaining a focus on risk management. » More on de.investing.com

For the fiscal year ending March 2026, KDDI reported operating revenue of 6,071.9 billion yen (+4.1%) and net income attributable to owners of the parent of 756.7 billion yen (+13.6%). The company beat its EPS target by 8.7 billion yen and cited mobile, financial services and digital transformation as growth drivers. KDDI plans to expand 5G, build out AI and customer-data capabilities, and is examining international expansion opportunities, especially in Vietnam. Remaining risks include tariff cuts, higher fuel costs, competitive pressure and recent governance issues. » More on de.investing.com