Yahoo! Japan Earnings: Mobile Bolsters Growth Yet Again

Yahoo! Japan Corporation reported its Q3 FY 2015 results on February 4th. (Fiscal year end with March.) The company posted 4.7% year-over-year growth in revenues to ¥107.5 billion ($920 million). Operating income increased marginally by 0.3% to ¥49.9 billion ($420 million) as effects of the no fee strategy for its shopping division eased. While the company reported 5.4% growth in its advertising revenues to ¥62.1 billion ($530 million), its transaction value across shopping, auctions and listing services grew by 8.1% to ¥324.4 billion ($2.76 billion).