KDDI(US:KDDIY)2021-07-30 17:17Financial Performance - KDDI's operating revenue for FY22.3 Q1 increased to ¥1,300.3 billion, with a progress rate of 24.3% towards the full-year forecast[3] - Operating income for FY22.3 Q1 increased to ¥299.2 billion, showing a progress rate of 28.5% towards the full-year forecast[5] - Growth fields contributed +¥12.6 billion to operating income, offsetting lower telecommunication revenues[8] - Business Services segment operating income increased by +¥7.5 billion, demonstrating steady growth[8] Growth Strategies and Initiatives - KDDI aims for sustainable growth by addressing key issues in the telecommunications business, including decreasing telecommunication charges revenue by ¥60-70 billion[15] - The company is expanding the "au Economic Zone" through customer contact and broader point circulation in the Life Design Domain[20] - KDDI is actively promoting 5G use through multiple brands, including UQ mobile, and expanding 5G coverage along rail lines[28, 33] - The company is enhancing customer engagement by strengthening customer contact points and providing new added value in the Life Design Domain[82] Business Services Segment - NEXT Core Business in the Business Services segment experienced significant growth, with operating revenue increasing by 18% year-over-year[57, 58] - KDDI is supporting customers' DX on a global basis, leveraging its IoT results and experience[60, 61] Sustainability - KDDI is committed to reducing CO2 emissions by 50% in FY2030 compared to FY2019 and aims for substantially zero emissions by 2050[75, 77]