Strong Cloud Services Growth
Cloud services revenue was JPY 61.962 billion, up 28.4% and now represents 23.5% of the total company revenues.
Record High Revenue and Margins
Total revenues reached JPY 263.510 billion, growing at 7.8%, with operating income increasing 8.8% and net income up 9.2%.
Expansion of Customer Base
Oracle Japan expanded its customer base with significant implementations in companies like MS&AD Group, Sapporo City, MUFG Bank, and Kanematsu Corporation.
Recurring Revenue Growth
66% of the business is now recurring, driven by strong growth in cloud and license support.
Positive EPS Outcome
EPS exceeded the upper guidance of the company, aided by favorable exchange rates and expense management.