KDDI Delivering Rising Shareholder Returns While Results Were Broadly in Line.
KDDI's (9433 JP) recent results and guidance were close to our expectations (and consensus) with the main positive being a surprise ¥100bn buy-back...
166 Views
Update on FY16 Results from Japan Export / Tech Sector - Delivering on Results, Not on Forecasts
If there's a trend to Japanese results season as far as the export / tech sectors are concerned it is "over-deliver on results, under-promise on...
183 Views
NTT - One Market Buyback Complete. What Next? Expect Another.
NTT (Nippon Telegraph & Telephone) (9432 JP) yesterday announced its on-market buyback of 33 million shares (1.62%) or up to ¥150bn (12 Dec...
239 Views
KDDi (9433) - Are Slowdown Fears Overblown?
Trading on a PER of 13x, FY16 EV/OP of 9x and a dividend yield of almost 3%, it is hard to find fault with KDDi (9433) as an investment, yet the...
140 Views
Japan Telcos: Focus Remains on Cash Flow and Dividends. Competition Is Relatively Benign.
We have previously written individually about Japanese 3Q17 telecoms results. In total, they were largely as expected. Competitive intensity in the...
195 Views