SoftBank said capital expenditures were ¥337.4 billion in the six months ended September 30, 2022, an increase of ¥38.2 billion year on year.

The increase in Capex was mainly due to an increase in the capital expenditures for 5G and the renewal of contracts for colocation services, SoftBank said.

SoftBank does not reveal the number of 5G subscribers on its network. At present, SoftBank has 38.9 million mobile phone customers. ARPU of SoftBank was 3,880 yen.

The number of SoftBank Hikari high-speed Internet connections for households was 8.35 million.

SoftBank revenue increased by ¥84.3 billion (3.1 percent) to ¥2,808.6 billion, increasing in all segments.

Revenue increased by ¥33.9 billion in the Yahoo! JAPAN/LINE segment, mainly due to increased revenue from account advertising at LINE Corporation and search advertising at Yahoo Japan.

Commerce revenue increased by ¥36.8 billion in the Distribution segment, due to an increase in revenue from subscription services, by ¥11.7 billion in the Enterprise segment, mainly due to an increase in demand for digitalization solutions, and by ¥7.1 billion in the Consumer segment.

SoftBank’s mobile service revenue dropped by ¥29.0 billion (3.6 percent) — reflecting a dip in ARPU due to mobile service price reduction. SoftBank achieved an increase in smartphone subscribers led by the Y!mobile brand.

The decline in ARPU due to mobile service price reduction was mainly due to the effects of switching of subscribers from the SoftBank brand to the Y!mobile and LINEMO brands and introduction of new price plans under the SoftBank and Y!mobile brands.

SoftBank’s broadband revenue decreased by ¥3.7 billion (1.8 percent) due to a decline in ARPU because of campaign initiatives. SoftBank achieved an increase in subscribers of the SoftBank Hikari fiber-optic service.

Operating income decreased by ¥72.3 billion (12.7 percent) to ¥498.6 billion. Operating income decreased by ¥49.0 billion in the Consumer segment due to the impact of the introduction of new price plans, by ¥16.0 billion in the Yahoo! JAPAN/LINE segment due to an increase in HR expenses.

SoftBank’s operating expenses were ¥1,069.9 billion, an increase of ¥56.1 billion (5.5 percent) year on year. This increase was mainly due to an increase in the cost of products related to the Ouchi Denki service, while there was a decline in the cost of products associated with the abovementioned decrease in sales volume of mobile devices.