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Yahoo Japan 1Q up a tad



4:10 am on Jul 29, 2009 (gmt 0)

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Yahoo Japan 1Q Group Net Profit Y19.24 Billion, Up 0.4% On Year [news.morningstar.com]

Internet services provider Yahoo Japan Corp. (4689.TO) Tuesday said net profit grew 0.4% from a year earlier in the fiscal first quarter, buoyed by the increased use of online advertisements to target female consumers.

Yahoo Japan said its net profit for the April-June period rose to Y19.24 billion, compared with Y19.16 billion in the same period a year earlier, and is in line with its forecast of between Y19 billion and Y20.1 billion in net profit for the period.