62
KDDI
(TSE: 9433)
Japan
Few carriers make cooler cell phones than KDDI and its AU mobile division. That explains in large part why Japan's No. 2 telecom company by sales (after NTT DoCoMo) is defying gravity in Japan's ultracompetitive cell phone market. Through the financial year ended March, 2006, sales edged up 5% and, despite falling profitability, the company delivered stock returns of 33% for the 12 months through June. One reason: the success of AU's music Chaka Uta Full service, which enables users to download songs over a 3G network direct to handsets. Last year, 43 million songs were downloaded—a 760% rise on a year earlier. Keeping up the pressure on NTT DoCoMo, in May Google and KDDI announced a deal to bundle the U.S. firm's search engine into KDDI's EZ Web Internet service on its AU mobile phones, beginning in July, 2006.
Company Info |
|
| 2005 Rank | Not Ranked |
| Sales* ($ Millions) | 27,288.6 |
| Sales Growth (over prev. year) |
5 % |
| Profits* ($ Millions) | 1,699.0 |
| Return on Equity | 14.7 % |
| Total Return on Sales (12-mo.) | 42.6 |
| Share Price As of 5/31/06 | 6,258.33 |
| CURRENT MARKET INFO | TSE: 9433 |
| No. of Employees | |
| Industry | Communications Equipment |
| COMPANY WEB SITE > | |
