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The latest announcement is out from KDDI ( (JP:9433) ).
KDDI has sharply revised down its full-year consolidated forecast for the fiscal year ending March 31, 2026, cutting projected operating revenue from 6.33 trillion yen to 6.06 trillion yen and profit attributable to owners from 748 billion yen to 698 billion yen. The downgrade follows an external investigation that confirmed fictitious sales and cost of sales in the advertising agency business of subsidiaries BIGLOBE and G-PLAN, prompting reversals of related transactions and recognition of agency fee losses, as well as weaker expectations for mobile device and energy sales.
In its personal services segment, KDDI will also book a 50 billion yen impairment loss after changing its sales strategy to focus on lifetime value and curbing selling commissions for short-term cancellers, particularly SIM-only users, which reduced the recoverable value of capitalized acquisition costs. The company stresses that these charges are non-recurring, describe the impact as a temporary downturn confined to the current fiscal year, and notes that underlying core business performance remains generally steady, suggesting limited long-term impact on operations and cash flow once the adjustments are absorbed.
The most recent analyst rating on (JP:9433) stock is a Hold with a Yen2918.00 price target. To see the full list of analyst forecasts on KDDI stock, see the JP:9433 Stock Forecast page.
More about KDDI
KDDI Corporation is a major Japanese telecommunications operator that provides mobile, fixed-line, and internet services, along with related personal and corporate solutions. The company also engages in ancillary businesses such as advertising and digital services, positioning itself as a core infrastructure and connectivity provider in the Japanese market.
Average Trading Volume: 9,461,223
Technical Sentiment Signal: Buy
Current Market Cap: Yen10300B
For detailed information about 9433 stock, go to TipRanks’ Stock Analysis page.