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Yahoo Japan boost earnings for 15th year in row in FY 2011

1:08 am on Apr 25, 2012 (gmt 0)

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Yahoo Japan boost earnings for 15th year in row in FY 2011 [mainichi.jp]

Yahoo Japan Corp. said Tuesday it logged a group net profit of 100.56 billion yen in fiscal 2011, up 9.1 percent from the previous year, with brisk sales from online advertisements and game-related services enabling the Japanese Internet portal to post sales and profit gains for the 15th consecutive year since it began services.

Operating profit in the year to March 31 grew 3.4 percent to 165.00 billion yen on a 3.3 percent rise in sales to 302.09 billion, Yahoo Japan said.

The company attributed the strong results to increased listing advertising, which is linked to search engines, and other advertisements on its websites.

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