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    9433   JP3496400007

KDDI CORPORATION

(9433)
  Report
Delayed Japan Exchange  -  12:27:25 2023-02-01 am EST
4043.00 JPY   -0.39%
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01/20Japan's Nikkei ends higher on U.S. futures gains, weak yen
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IN BRIEF: KDDI launches first mobile tower powered by Starlink

12/01/2022 | 02:00am EST

KDDI Corp - Tokyo-based telecommunications company - Says the first mobile tower in Japan to use Space Exploration Technologies Corp's Starlink has started commercial operation in Hatsushima, a remote island in Sagami Bay. Space Exploration, known as SpaceX, was founded by Tesla Chief Executive Elon Musk. KDDI says it will expand its coverage to 1,200 remote towers in order to pursue its vision to "bring an urban mobile experience to its rural customers". KDDI has been conducting technical demonstrations of Starlink including for use in mobile backhaul since 2021.

Starlink provides high-speed, low-latency satellite broadband internet around the world. Says it achieves significantly lower latency and higher transmission speeds for its end users. KDDI notes it has completed its evaluation of Starlink and confirmed the "conformance in customer experience that could be comparable to that of optical fiber".

KDDI says: "In order to build a resilient future society that supports Japan's economic development and that provides solutions to social issues, KDDI has raised "KDDI VISION 2030", aiming for the creation of a society in which anyone can make their dreams a reality, by enhancing the power to connect."

Current stock price: JPY 4,082.00

12-month change: up 25%

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

Stocks mentioned in the article
ChangeLast1st jan.
KDDI CORPORATION -0.34% 4043 Delayed Quote.1.93%
SAGAMI HOLDINGS CORPORATION 0.32% 1241 Delayed Quote.2.32%
TESLA, INC. 3.94% 173.22 Delayed Quote.40.62%
All news about KDDI CORPORATION
01/23Kddi : starts commercial deployment of 5G Open vRAN sites in Japan in collaboration with S..
PU
01/20Japan's Nikkei ends higher on U.S. futures gains, weak yen
RE
01/19Japan's Nikkei inches higher on U.S. futures gain, weak yen
RE
01/16Mitsui to Launch Over 60 Billion Yen Takeover Offer for Affiliate Relia as Part of Larg..
MT
01/15Israel's Cognyte won tender to sell intercept spyware to Myanmar before coup -documents
RE
01/13Kddi : Announcement Regarding the Company Split (Simplified Absorption-Type Company Split)..
PU
01/10Kddi : Notice Regarding the Results of Repurchase of Own Shares
PU
01/10Tranche Update on KDDI Corporation's Equity Buyback Plan announced on May 13, 2022.
CI
2022MarketScreener's World Press Review: December 28, 20..
MS
2022Japan's Kyocera to invest $9.8 bln for chips over FY2023-2025 -Nikkei
RE
More news
Analyst Recommendations on KDDI CORPORATION
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Financials
Sales 2023 5 587 B 42 935 M 42 935 M
Net income 2023 687 B 5 283 M 5 283 M
Net Debt 2023 377 B 2 898 M 2 898 M
P/E ratio 2023 12,9x
Yield 2023 3,32%
Capitalization 8 851 B 68 020 M 68 020 M
EV / Sales 2023 1,65x
EV / Sales 2024 1,55x
Nbr of Employees 48 829
Free-Float 65,9%
Chart KDDI CORPORATION
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KDDI Corporation Technical Analysis Chart | MarketScreener
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Technical analysis trends KDDI CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 4 059,00 JPY
Average target price 4 589,05 JPY
Spread / Average Target 13,1%
EPS Revisions
Managers and Directors
Makoto Takahashi President & Representative Director
Takashi Tanaka Executive Officer
Koji Sumiyoshi General Manager-Information Systems
Kazuyuki Yoshimura Director & Senior GM-Technology
Nanae Saishoji General Manager-Business Administration
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