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Yahoo Japan
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Yahoo Japan Corp. announced earnings results for the nine months ended December 2007. For the period, the company reported a group net profit of ¥46,443 million, up 10.6%from a year earlier, and an operating profit of ¥91,045 million, up 18.7%. Revenue in the first three quarters of fiscal 2007 totaled ¥187,802 million, up 21.2%. For the year ending March 31, 2008, net profit is projected at ¥64,843-66,493 million, up from ¥57,963 million in fiscal 2006, and operating profit is estimated at ¥122,795-125,595 million, up from ¥106,232 million. Group revenue is expected to total ¥260,602-264,402 million, up from ¥212,552 million. The company plans to pay an annual dividend of between ¥107 yen and ¥110 yen per share, up from ¥96 in fiscal 2006.
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Yahoo Japan provides a range of services, including directory search, information, community, commerce, and mobile services to Internet users in Japan. It operates through six divisions: auction, listing, Yahoo! BB, shopping, media, and business solutions. The auction division provides platform for sale of goods between individuals and for auctions by enterprises. The listing division publishes information, primarily on the request of information providers. The Yahoo!
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Yahoo Japan was listed on JASDAQ in 1997 and on the first section of the Tokyo Stock Exchange in 2003. It is the second-most profitable company listed on the Nikkei 225 Stock Average.
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Yahoo Japan's blogging site uses technology from Yahoo Korea's blog site, launched in late 2003. But other than the technology back end, the systems are independent. Yahoo Korea is majority-owned by Yahoo.
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Yahoo Japan, 41-percent owned by telecoms conglomerate Softbank Corp., has been boosting its efforts to add more online shops and video clips to compete against rivals such as Rakuten Inc.. America’s Google Inc., the world’s biggest Web search, is ... increasing its presence in Japan with new services such as news and searches for cellphones.
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Yahoo Japan and iTunes Japan have entered into a deal that will give users one-click access from Yahoo Japan music-related sites to the iTunes music store, where they can preview and download music and videos. The deal, which is billed as a first, was announced today (June 14) and takes effect immediately.
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