Japan’s KDDI Corp (au) has posted its financial results for the fiscal year ended 31 March 201, reporting a 32.9% rise in net income to JPY427.9 billion (USD3.57 billion) as revenues climbed 5.5% to JPY4.573 trillion from JPY4.333 trillion in the year to end-March 2014. Operating income rose 11.8% year-on-year to JPY741.3 billion and EBITDA increased 9.0% to JPY1.293 trillion; EBITDA margin increased marginally to 28.3% from 27.4% previously. CAPEX for the full year reached JPY576.2 billion, up from JPY571.8 billion the year before, with KDDI noting that the significant part of its investment, JPY385.2 billion, was committed to mobile and, in particular, Long Term Evolution (LTE) deployments. Indeed, in the current fiscal year to March 2016 KDDI intends to further ramp up its 4G network rollouts, with the addition of carrier aggregation that will increase peak transmission speeds to 225Mbps from the current 150Mbps. Additionally, the telco intends to invest JPY65 billion in its WiMAX unit UQ Communications, which is expected to be fully consolidated from next year. UQ reported a total of 9.543 million broadband subscribers at end-March 2015, double the 4.014 million it had a year earlier.
KDDI closed out March 2015 with a total of 43.478 million cellular connections, up from 40.522 million a year earlier, and noted that smartphone penetration now stands at 54.3% of the total, compared with 49.1% previously. Further, the carrier also had a total of 3.435 million fibre-to-the-home (FTTH) users on its books, up from 3.188 million in March 2014, and 4.056 million cable-plus phone users (up from 3.494 million).