Record Revenue and Adjusted EBITDA Growth
Revenue reached JPY 475 billion, a record high for the third quarter. Adjusted EBITDA was JPY 109.8 billion, up 17.4% year-on-year.
Strategic Business and PayPay Growth
Strategic business revenue grew by 17.5% year-on-year. PayPay registered users, GMV, and revenue grew by double digits year-on-year.
AI and Technology Advancements
Introduction of GitHub Copilot improved development efficiency. New AI-driven ad services to launch in April 2024.
Commerce Segment Recovery
Commerce revenue and income grew by 2.7% year-on-year. Domestic merchandise transaction value returned to positive growth, up 1.7% year-on-year.