Cloud business revenue decline and sharp drop in segment profit
First written in FY2018-Q2. 5 of 7 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2020-Q1.
No other company in this theme has enough history to compare yet.
- FY2020-Q1ReframedAnnual report
「The Infrastructure Tech business provides business support services for ISPs and MVNOs, internet connectivity-related services for corporate and individual customers, mobile communications services, and cloud services.」
The cloud business is not a standalone segment. It is presented as part of the Infrastructure Tech business together with ISP and MVNO support and fixed-line and mobile communications, so its standalone performance trend was not disclosed this time. - FY2019WorsenedAnnual report
「As a result, revenue was ¥1,776.214 million, up 0.9% from the previous consolidated fiscal year, and the segment reported a loss of ¥53.094 million, compared with segment profit of ¥4.523 million in the previous consolidated fiscal year.」
Cloud business revenue edged up, while the segment swung from profit to a ¥53.094 million loss. - FY2019-Q3WorsenedAnnual report
「As a result, revenue was ¥1,295.190 million, down 2.8% year on year, and the segment loss was ¥50.044 million, compared with a segment loss of ¥2.524 million in the same quarter of the previous year.」
Cloud business revenue continued to decline, and the segment loss widened from ¥2.524 million in the same period of the previous year to ¥50.044 million. - FY2019-Q2WorsenedAnnual report
「As a result, revenue was ¥837.126 million, down 7.4% year on year, and the segment reported a loss of ¥29.001 million, compared with segment profit of ¥6.180 million in the same quarter of the previous year.」
Cloud business revenue continued to decline, and the segment swung from profit in the same period of the previous year to a ¥29.001 million loss. - FY2019-Q1WorsenedAnnual report
「As a result, revenue was ¥406.018 million, down 9.9% year on year, and the segment loss was ¥9.181 million, compared with a segment loss of ¥1.578 million in the same quarter of the previous year.」
Cloud business revenue fell 9.9%, and the segment loss widened from ¥1.578 million in the same period of the previous year to ¥9.181 million. - FY2018-Q3WorsenedAnnual report
「As a result, revenue was ¥1,332.473 million, down 11.9% year on year, and the segment reported a loss of ¥2.524 million, compared with segment profit of ¥158.529 million in the same quarter of the previous year.」
Cloud business revenue fell 11.9% year on year, and the segment swung from profit in the same quarter of the previous year to a ¥2.524 million loss. - FY2018-Q2First statedAnnual report
「As a result, revenue was ¥904.468 million, down 11.1% year on year, and segment profit was ¥6.180 million, down 94.8% year on year.」
Cloud business revenue fell 11.1% year on year, while segment profit fell 94.8%.