The most important message from source in the last posting
Full-scale Improvement in Operation and EBTIDA Turns Around to Profitability Speaking of the operation results in 2023, the total revenue amounted to JPY 2.3 trillion, up 7.8% from one year ago. Meanwhile, the group is finally out of the red, with EBITDA improving from a loss of around JPY 70 billion in 2022 to earnings of JPY 118.1 billion in 2023. Although the EBITDA loss of JPY 180 billion for the mobile telecom sector suggests ongoing headwinds, we still favor the overall performance of the group in 2023, which beat the market expectations with a significant improvement.
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