KDDI (au) has published its financial results for the year ending 31 March 2021, with operating revenue increasing 1.4% year-on-year to JPY5.313 trillion (USD48.6 billion) from JPY5.237 trillion, operating income up marginally to JPY1.037 trillion, EBITDA of JPY1.786 trillion (+2.0%) – with an EBITDA margin of 33.6% (up 0.2pp) – and net income of JPY651.5 billion compared to JPY639.8 billion in FY2019/20. CAPEX for the year under review reached JPY627.9 billion from JPY615.1 billion y-o-y. The company projects a consolidated operating revenue of JPY5.350 trillion and an operating income of JPY1.050 trillion for the fiscal year ending 31 March 2022, as the third year of its mid-term plan.
The carrier, which markets mobile services under the ‘au’ branding, closed out March 2021 with a total of 60.398 million subscriptions, compared to 58.643 million a year earlier and 55.225 million at end FY2018/19. It also reported having 3.922 million UQ mobile/MVNO users (up from 3.068 million a year earlier) and 35.100 million WiMAX customers for its UQ Communications unit – although the total dipped from 35.243 million at 31 December 2020. Further, KDDI said it had 4.827 million fibre-to-the-home (FTTH) subscribers at the end of the year, up from 4.637 million in FY2019/20; it targets 4.900 million by end-March 2022.