Financials

KDDI: FYE Mar 2026 and ten years of results (47 metrics)

FYE Mar 2026 · Revenue¥6.07tnYoY +2.6%

FYE Mar 2026 · Operating profit¥1.10tnYoY −1.7%

FYE Mar 2026 · Net profit¥707bnYoY +3.1%

FYE Mar 2026 · Equity ratio23.9%YoY −3.4pp

FYE Mar 2026 · Group employees73,198YoY +8,562

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥4.75tn	n/a	¥913bn	n/a	19.2%	¥547bn	Tanaka Takashi	“Maximize the au economic zone” set as core strategy
FYE Mar 2018Consolidated	¥5.04tn	+6.2%	¥963bn	+5.5%	19.1%	¥573bn	Tanaka Takashi	—
FYE Mar 2019Consolidated	¥5.08tn	+0.8%	¥1.01tn	+5.3%	20.0%	¥618bn	Tanaka Takashi	—
FYE Mar 2020Consolidated	¥5.24tn	+3.1%	¥1.03tn	+1.1%	19.6%	¥640bn	Takahashi Makoto	Finance consolidated under au Financial Holdings
FYE Mar 2021Consolidated	¥5.31tn	+1.4%	¥1.04tn	+1.2%	19.5%	¥651bn	Takahashi Makoto	Absorbs the UQ mobile business
FYE Mar 2022Consolidated	¥5.45tn	+2.5%	¥1.06tn	+2.2%	19.5%	¥672bn	Takahashi Makoto	—
FYE Mar 2023Consolidated	¥5.67tn	+4.1%	¥1.08tn	+1.6%	19.0%	¥679bn	Takahashi Makoto	Moves to the TSE Prime market
FYE Mar 2024Consolidated	¥5.75tn	+1.5%	¥962bn	−10.7%	16.7%	¥638bn	Takahashi Makoto	—
FYE Mar 2025Consolidated	¥5.92tn	+2.8%	¥1.12tn	+16.3%	18.9%	¥686bn	Takahashi Makoto	Tender offer for Lawson — equity-method affiliate
FYE Mar 2026Consolidated	¥6.07tn	+2.6%	¥1.10tn	−1.7%	18.1%	¥707bn	Takahashi Makoto	Consolidates the security firm Lac

How it compares

NTT¥14.4tnFY2025Operating margin 11.8%SoftBank Corp.¥7.04tnFY2025Operating margin 14.8%

KDDI¥6.07tnFY2025Operating margin 18.1%

NTT DOCOMODelisted 2020

DDI CORPORATIONDissolved 2000

KDD CorporationDelisted 2000

SKY Perfect JSAT¥128bnFY2025Operating margin 27.6%

OKINAWA CELLULAR TELEPHONE COMPANY¥86bnFY2025Operating margin 21.6%

Income statement Revenue, costs, each level of profit and the margins they leave

Where the revenue goes

¥ bn

Cost of sales SG&A Other operating costs Operating profit

Margins

Gross margin Operating margin Net margin

Revenue net sales, operating revenue

FYE Mar 2026 ¥6.07tn

CAGR · 10 yrs +2.8%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	4,748	n/a	Cons. · IFRS
FYE Mar 2018	5,042	+6.2%	Cons. · IFRS
FYE Mar 2019	5,080	+0.8%	Cons. · IFRS
FYE Mar 2020	5,237	+3.1%	Cons. · IFRS
FYE Mar 2021	5,313	+1.4%	Cons. · IFRS
FYE Mar 2022	5,447	+2.5%	Cons. · IFRS
FYE Mar 2023	5,672	+4.1%	Cons. · IFRS
FYE Mar 2024	5,754	+1.5%	Cons. · IFRS
FYE Mar 2025	5,918	+2.8%	Cons. · IFRS
FYE Mar 2026	6,072	+2.6%	Cons. · IFRS

Definition: Everything the company took in from its own business
Formula: Revenue line of the income statement
Source: Securities report (XBRL)

Cost of sales

FYE Mar 2026 ¥3.48tn

CAGR · 10 yrs +3.0%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	2,670	n/a	Cons. · IFRS
FYE Mar 2018	2,822	+5.7%	Cons. · IFRS
FYE Mar 2019	2,867	+1.6%	Cons. · IFRS
FYE Mar 2020	2,925	+2.0%	Cons. · IFRS
FYE Mar 2021	2,928	+0.1%	Cons. · IFRS
FYE Mar 2022	2,985	+1.9%	Cons. · IFRS
FYE Mar 2023	3,260	+9.2%	Cons. · IFRS
FYE Mar 2024	3,324	+1.9%	Cons. · IFRS
FYE Mar 2025	3,410	+2.6%	Cons. · IFRS
FYE Mar 2026	3,481	+2.1%	Cons. · IFRS

Definition: The cost of what was sold
Formula: Cost of sales line of the income statement
Source: Securities report (XBRL)

Gross profit

FYE Mar 2026 ¥2.59tn

CAGR · 10 yrs +2.5%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	2,079	n/a	Cons. · IFRS
FYE Mar 2018	2,220	+6.8%	Cons. · IFRS
FYE Mar 2019	2,213	−0.3%	Cons. · IFRS
FYE Mar 2020	2,312	+4.5%	Cons. · IFRS
FYE Mar 2021	2,384	+3.1%	Cons. · IFRS
FYE Mar 2022	2,462	+3.3%	Cons. · IFRS
FYE Mar 2023	2,412	−2.0%	Cons. · IFRS
FYE Mar 2024	2,431	+0.8%	Cons. · IFRS
FYE Mar 2025	2,508	+3.2%	Cons. · IFRS
FYE Mar 2026	2,591	+3.3%	Cons. · IFRS

Definition: What the product or service itself earns
Formula: Revenue − cost of sales
Source: Securities report (XBRL)

SG&A selling, general and administrative expenses

FYE Mar 2026 ¥1.53tn

CAGR · 10 yrs +3.0%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	1,174	n/a	Cons. · IFRS
FYE Mar 2018	1,271	+8.3%	Cons. · IFRS
FYE Mar 2019	1,210	−4.8%	Cons. · IFRS
FYE Mar 2020	1,300	+7.4%	Cons. · IFRS
FYE Mar 2021	1,364	+5.0%	Cons. · IFRS
FYE Mar 2022	1,423	+4.3%	Cons. · IFRS
FYE Mar 2023	1,408	−1.0%	Cons. · IFRS
FYE Mar 2024	1,504	+6.8%	Cons. · IFRS
FYE Mar 2025	1,427	−5.1%	Cons. · IFRS
FYE Mar 2026	1,529	+7.2%	Cons. · IFRS

Definition: The cost of selling and of running the company
Formula: SG&A line of the income statement
Source: Securities report (XBRL)

Operating profit

FYE Mar 2026 ¥1.10tn

CAGR · 10 yrs +2.1%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	913	n/a	Cons. · IFRS
FYE Mar 2018	963	+5.5%	Cons. · IFRS
FYE Mar 2019	1,014	+5.3%	Cons. · IFRS
FYE Mar 2020	1,025	+1.1%	Cons. · IFRS
FYE Mar 2021	1,037	+1.2%	Cons. · IFRS
FYE Mar 2022	1,061	+2.2%	Cons. · IFRS
FYE Mar 2023	1,077	+1.6%	Cons. · IFRS
FYE Mar 2024	962	−10.7%	Cons. · IFRS
FYE Mar 2025	1,119	+16.3%	Cons. · IFRS
FYE Mar 2026	1,099	−1.7%	Cons. · IFRS

Definition: What the core business earns
Formula: Gross profit − SG&A
Source: Securities report (XBRL)

Non-operating income

FYE Mar 2026 ¥28bn

CAGR · 10 yrs +36.6%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	1.7	n/a	Cons. · IFRS
FYE Mar 2018	4.0	+135.8%	Cons. · IFRS
FYE Mar 2019	3.6	−11.2%	Cons. · IFRS
FYE Mar 2020	5.3	+48.8%	Cons. · IFRS
FYE Mar 2021	6.5	+22.7%	Cons. · IFRS
FYE Mar 2022	10.2	+56.0%	Cons. · IFRS
FYE Mar 2023	10.2	−0.3%	Cons. · IFRS
FYE Mar 2024	21.9	+114.9%	Cons. · IFRS
FYE Mar 2025	10.1	−53.8%	Cons. · IFRS
FYE Mar 2026	28.3	+179.6%	Cons. · IFRS

Definition: Income from outside the core business
Formula: Non-operating income line of the income statement
Source: Securities report (XBRL)

Non-operating expenses

FYE Mar 2026 ¥34bn

CAGR · 10 yrs +10.9%

Fiscal year	Non-operating expenses ¥ bn	YoY	Basis
FYE Mar 2017	13.3	n/a	Cons. · IFRS
FYE Mar 2018	12.0	−9.7%	Cons. · IFRS
FYE Mar 2019	10.0	−16.5%	Cons. · IFRS
FYE Mar 2020	11.4	+13.7%	Cons. · IFRS
FYE Mar 2021	8.3	−27.0%	Cons. · IFRS
FYE Mar 2022	7.7	−6.8%	Cons. · IFRS
FYE Mar 2023	8.7	+11.8%	Cons. · IFRS
FYE Mar 2024	10.2	+18.0%	Cons. · IFRS
FYE Mar 2025	29.6	+190.0%	Cons. · IFRS
FYE Mar 2026	33.8	+13.9%	Cons. · IFRS

Definition: Costs arising outside the core business
Formula: Non-operating expenses line of the income statement
Source: Securities report (XBRL)

Net profit profit attributable to owners of the parent

FYE Mar 2026 ¥707bn

CAGR · 10 yrs +2.9%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	547	n/a	Cons. · IFRS
FYE Mar 2018	573	+4.7%	Cons. · IFRS
FYE Mar 2019	618	+7.9%	Cons. · IFRS
FYE Mar 2020	640	+3.6%	Cons. · IFRS
FYE Mar 2021	651	+1.8%	Cons. · IFRS
FYE Mar 2022	672	+3.2%	Cons. · IFRS
FYE Mar 2023	679	+1.0%	Cons. · IFRS
FYE Mar 2024	638	−6.1%	Cons. · IFRS
FYE Mar 2025	686	+7.5%	Cons. · IFRS
FYE Mar 2026	707	+3.1%	Cons. · IFRS

Definition: What is left after tax
Formula: Pre-tax profit − income taxes
Source: Securities report (XBRL)

Gross margin

FYE Mar 2026 42.7%

Average · 10 yrs 43.5%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	43.8	n/a	Cons. · IFRS
FYE Mar 2018	44.0	+0.3pp	Cons. · IFRS
FYE Mar 2019	43.6	−0.5pp	Cons. · IFRS
FYE Mar 2020	44.1	+0.6pp	Cons. · IFRS
FYE Mar 2021	44.9	+0.7pp	Cons. · IFRS
FYE Mar 2022	45.2	+0.3pp	Cons. · IFRS
FYE Mar 2023	42.5	−2.7pp	Cons. · IFRS
FYE Mar 2024	42.2	−0.3pp	Cons. · IFRS
FYE Mar 2025	42.4	+0.1pp	Cons. · IFRS
FYE Mar 2026	42.7	+0.3pp	Cons. · IFRS

Definition: The share of revenue left after the cost of sales
Formula: Gross profit ÷ revenue
Source: Securities report (XBRL)

Operating margin

FYE Mar 2026 18.1%

Average · 10 yrs 19.0%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	19.2	n/a	Cons. · IFRS
FYE Mar 2018	19.1	−0.1pp	Cons. · IFRS
FYE Mar 2019	20.0	+0.9pp	Cons. · IFRS
FYE Mar 2020	19.6	−0.4pp	Cons. · IFRS
FYE Mar 2021	19.5	−0.0pp	Cons. · IFRS
FYE Mar 2022	19.5	−0.1pp	Cons. · IFRS
FYE Mar 2023	19.0	−0.5pp	Cons. · IFRS
FYE Mar 2024	16.7	−2.3pp	Cons. · IFRS
FYE Mar 2025	18.9	+2.2pp	Cons. · IFRS
FYE Mar 2026	18.1	−0.8pp	Cons. · IFRS

Definition: The share of revenue the core business keeps
Formula: Operating profit ÷ revenue
Source: Securities report (XBRL)

Net margin

FYE Mar 2026 11.6%

Average · 10 yrs 11.8%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	11.5	n/a	Cons. · IFRS
FYE Mar 2018	11.4	−0.2pp	Cons. · IFRS
FYE Mar 2019	12.2	+0.8pp	Cons. · IFRS
FYE Mar 2020	12.2	+0.1pp	Cons. · IFRS
FYE Mar 2021	12.3	−0.0pp	Cons. · IFRS
FYE Mar 2022	12.3	+0.1pp	Cons. · IFRS
FYE Mar 2023	12.0	−0.4pp	Cons. · IFRS
FYE Mar 2024	11.1	−0.9pp	Cons. · IFRS
FYE Mar 2025	11.6	+0.5pp	Cons. · IFRS
FYE Mar 2026	11.6	+0.1pp	Cons. · IFRS

Definition: The share of revenue left after everything
Formula: Net profit ÷ revenue
Source: Securities report (XBRL)

Cost-of-sales ratio

FYE Mar 2026 57.3%

Average · 10 yrs 56.5%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	56.2	n/a	Cons. · IFRS
FYE Mar 2018	56.0	−0.3pp	Cons. · IFRS
FYE Mar 2019	56.4	+0.5pp	Cons. · IFRS
FYE Mar 2020	55.9	−0.6pp	Cons. · IFRS
FYE Mar 2021	55.1	−0.7pp	Cons. · IFRS
FYE Mar 2022	54.8	−0.3pp	Cons. · IFRS
FYE Mar 2023	57.5	+2.7pp	Cons. · IFRS
FYE Mar 2024	57.8	+0.3pp	Cons. · IFRS
FYE Mar 2025	57.6	−0.1pp	Cons. · IFRS
FYE Mar 2026	57.3	−0.3pp	Cons. · IFRS

Definition: The share of revenue taken by the cost of sales
Formula: Cost of sales ÷ revenue
Source: Securities report (XBRL)

SG&A ratio

FYE Mar 2026 25.2%

Average · 10 yrs 25.1%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	24.7	n/a	Cons. · IFRS
FYE Mar 2018	25.2	+0.5pp	Cons. · IFRS
FYE Mar 2019	23.8	−1.4pp	Cons. · IFRS
FYE Mar 2020	24.8	+1.0pp	Cons. · IFRS
FYE Mar 2021	25.7	+0.9pp	Cons. · IFRS
FYE Mar 2022	26.1	+0.4pp	Cons. · IFRS
FYE Mar 2023	24.8	−1.3pp	Cons. · IFRS
FYE Mar 2024	26.1	+1.3pp	Cons. · IFRS
FYE Mar 2025	24.1	−2.0pp	Cons. · IFRS
FYE Mar 2026	25.2	+1.1pp	Cons. · IFRS

Definition: The share of revenue taken by selling and administrative costs
Formula: SG&A ÷ revenue
Source: Securities report (XBRL)

Balance sheet Assets, debt and equity, and what they say about financial strength

What the balance sheet is made of

¥ bn

Equity Liabilities and non-controlling interests

Financial strength

Equity ratio Debt-to-equity

Total assets

FYE Mar 2026 ¥19.1tn

CAGR · 10 yrs +13.2%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	6,264	n/a	Cons. · IFRS
FYE Mar 2018	6,575	+5.0%	Cons. · IFRS
FYE Mar 2019	7,330	+11.5%	Cons. · IFRS
FYE Mar 2020	9,580	+30.7%	Cons. · IFRS
FYE Mar 2021	10,535	+10.0%	Cons. · IFRS
FYE Mar 2022	11,084	+5.2%	Cons. · IFRS
FYE Mar 2023	11,924	+7.6%	Cons. · IFRS
FYE Mar 2024	14,146	+18.6%	Cons. · IFRS
FYE Mar 2025	16,876	+19.3%	Cons. · IFRS
FYE Mar 2026	19,063	+13.0%	Cons. · IFRS

Definition: Everything the company holds
Formula: Total assets line of the balance sheet
Source: Securities report (XBRL)

Equity net assets, shareholders' equity

FYE Mar 2026 ¥4.56tn

CAGR · 10 yrs +2.8%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	3,554	n/a	Cons. · IFRS
FYE Mar 2018	3,416	−3.9%	Cons. · IFRS
FYE Mar 2019	3,754	+9.9%	Cons. · IFRS
FYE Mar 2020	3,910	+4.1%	Cons. · IFRS
FYE Mar 2021	4,260	+9.0%	Cons. · IFRS
FYE Mar 2022	4,455	+4.6%	Cons. · IFRS
FYE Mar 2023	4,586	+3.0%	Cons. · IFRS
FYE Mar 2024	4,709	+2.7%	Cons. · IFRS
FYE Mar 2025	4,606	−2.2%	Cons. · IFRS
FYE Mar 2026	4,561	−1.0%	Cons. · IFRS

Definition: The part of the funding that never has to be repaid
Formula: Net assets line of the balance sheet
Source: Securities report (XBRL)

Interest-bearing debt

FYE Mar 2026 ¥4.87tn

CAGR · 10 yrs +19.7%

Fiscal year	Interest-bearing debt ¥ bn	YoY	Basis
FYE Mar 2017	967	n/a	Cons. · IFRS
FYE Mar 2018	1,034	+6.9%	Cons. · IFRS
FYE Mar 2019	1,192	+15.3%	Cons. · IFRS
FYE Mar 2020	1,301	+9.2%	Cons. · IFRS
FYE Mar 2021	1,245	−4.3%	Cons. · IFRS
FYE Mar 2022	1,208	−2.9%	Cons. · IFRS
FYE Mar 2023	1,252	+3.6%	Cons. · IFRS
FYE Mar 2024	1,984	+58.5%	Cons. · IFRS
FYE Mar 2025	4,032	+103.2%	Cons. · IFRS
FYE Mar 2026	4,868	+20.7%	Cons. · IFRS

Definition: Borrowings the company pays interest on
Formula: Loans + bonds + lease obligations
Source: Securities report (XBRL)

Short-term borrowings

FYE Mar 2026 ¥2.28tn

CAGR · 10 yrs +50.4%

Fiscal year	Short-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	57.8	n/a	Cons. · IFRS
FYE Mar 2018	330	+470.1%	Cons. · IFRS
FYE Mar 2019	151	−54.3%	Cons. · IFRS
FYE Mar 2020	153	+1.8%	Cons. · IFRS
FYE Mar 2021	92.9	−39.4%	Cons. · IFRS
FYE Mar 2022	287	+208.4%	Cons. · IFRS
FYE Mar 2023	338	+18.0%	Cons. · IFRS
FYE Mar 2024	407	+20.4%	Cons. · IFRS
FYE Mar 2025	1,735	+326.2%	Cons. · IFRS
FYE Mar 2026	2,280	+31.4%	Cons. · IFRS

Definition: Borrowings repayable within a year
Formula: Short-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Long-term borrowings

FYE Mar 2026 ¥2.59tn

CAGR · 10 yrs +12.3%

Fiscal year	Long-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	910	n/a	Cons. · IFRS
FYE Mar 2018	704	−22.6%	Cons. · IFRS
FYE Mar 2019	1,041	+47.8%	Cons. · IFRS
FYE Mar 2020	1,148	+10.2%	Cons. · IFRS
FYE Mar 2021	1,152	+0.4%	Cons. · IFRS
FYE Mar 2022	922	−20.0%	Cons. · IFRS
FYE Mar 2023	914	−0.8%	Cons. · IFRS
FYE Mar 2024	1,577	+72.5%	Cons. · IFRS
FYE Mar 2025	2,298	+45.7%	Cons. · IFRS
FYE Mar 2026	2,588	+12.6%	Cons. · IFRS

Definition: Borrowings repayable in more than a year
Formula: Long-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Intangible assets

FYE Mar 2026 ¥1.06tn

CAGR · 10 yrs +1.5%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	922	n/a	Cons. · IFRS
FYE Mar 2018	953	+3.3%	Cons. · IFRS
FYE Mar 2019	947	−0.7%	Cons. · IFRS
FYE Mar 2020	1,035	+9.4%	Cons. · IFRS
FYE Mar 2021	1,025	−1.0%	Cons. · IFRS
FYE Mar 2022	1,025	−0.0%	Cons. · IFRS
FYE Mar 2023	1,048	+2.3%	Cons. · IFRS
FYE Mar 2024	1,063	+1.4%	Cons. · IFRS
FYE Mar 2025	1,077	+1.3%	Cons. · IFRS
FYE Mar 2026	1,058	−1.7%	Cons. · IFRS

Definition: Assets with no physical form
Formula: Intangible assets line of the balance sheet
Source: Securities report (XBRL)

Goodwill

FYE Mar 2026 ¥580bn

CAGR · 10 yrs +2.2%

Fiscal year	Goodwill ¥ bn	YoY	Basis
FYE Mar 2017	478	n/a	Cons. · IFRS
FYE Mar 2018	527	+10.2%	Cons. · IFRS
FYE Mar 2019	540	+2.5%	Cons. · IFRS
FYE Mar 2020	541	+0.2%	Cons. · IFRS
FYE Mar 2021	540	−0.1%	Cons. · IFRS
FYE Mar 2022	541	+0.1%	Cons. · IFRS
FYE Mar 2023	541	−0.0%	Cons. · IFRS
FYE Mar 2024	568	+5.0%	Cons. · IFRS
FYE Mar 2025	596	+4.9%	Cons. · IFRS
FYE Mar 2026	580	−2.6%	Cons. · IFRS

Definition: What an acquisition cost above the net assets it brought
Formula: Goodwill line of the balance sheet
Source: Securities report (XBRL)

Equity ratio

FYE Mar 2026 23.9%

Average · 10 yrs 40.4%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	56.7	n/a	Cons. · IFRS
FYE Mar 2018	52.0	−4.8pp	Cons. · IFRS
FYE Mar 2019	51.2	−0.7pp	Cons. · IFRS
FYE Mar 2020	40.8	−10.4pp	Cons. · IFRS
FYE Mar 2021	40.4	−0.4pp	Cons. · IFRS
FYE Mar 2022	40.2	−0.2pp	Cons. · IFRS
FYE Mar 2023	38.5	−1.7pp	Cons. · IFRS
FYE Mar 2024	33.3	−5.2pp	Cons. · IFRS
FYE Mar 2025	27.3	−6.0pp	Cons. · IFRS
FYE Mar 2026	23.9	−3.4pp	Cons. · IFRS

Definition: How much of the balance sheet is funded without debt
Formula: Equity ÷ total assets
Source: Securities report (XBRL)

Debt-to-equity ratio D/E ratio

FYE Mar 2026 106.7%

Average · 10 yrs 44.3%

Fiscal year	Debt-to-equity ratio %	YoY	Basis
FYE Mar 2017	27.2	n/a	Cons. · IFRS
FYE Mar 2018	30.3	+3.0pp	Cons. · IFRS
FYE Mar 2019	31.7	+1.5pp	Cons. · IFRS
FYE Mar 2020	33.3	+1.5pp	Cons. · IFRS
FYE Mar 2021	29.2	−4.1pp	Cons. · IFRS
FYE Mar 2022	27.1	−2.1pp	Cons. · IFRS
FYE Mar 2023	27.3	+0.2pp	Cons. · IFRS
FYE Mar 2024	42.1	+14.8pp	Cons. · IFRS
FYE Mar 2025	87.5	+45.4pp	Cons. · IFRS
FYE Mar 2026	106.7	+19.2pp	Cons. · IFRS

Definition: Borrowings measured against the company's own capital
Formula: Interest-bearing debt ÷ equity
Source: Securities report (XBRL)

ROE return on equity

FYE Mar 2026 15.5%

Average · 10 yrs 15.4%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	15.4	n/a	Cons. · IFRS
FYE Mar 2018	16.8	+1.4pp	Cons. · IFRS
FYE Mar 2019	16.5	−0.3pp	Cons. · IFRS
FYE Mar 2020	16.4	−0.1pp	Cons. · IFRS
FYE Mar 2021	15.3	−1.1pp	Cons. · IFRS
FYE Mar 2022	15.1	−0.2pp	Cons. · IFRS
FYE Mar 2023	14.8	−0.3pp	Cons. · IFRS
FYE Mar 2024	13.5	−1.3pp	Cons. · IFRS
FYE Mar 2025	14.9	+1.3pp	Cons. · IFRS
FYE Mar 2026	15.5	+0.6pp	Cons. · IFRS

Definition: What the shareholders' capital earns
Formula: Net profit ÷ equity
Source: Securities report (XBRL)

ROA return on assets

FYE Mar 2026 3.7%

Average · 10 yrs 6.3%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	8.7	n/a	Cons. · IFRS
FYE Mar 2018	8.7	−0.0pp	Cons. · IFRS
FYE Mar 2019	8.4	−0.3pp	Cons. · IFRS
FYE Mar 2020	6.7	−1.7pp	Cons. · IFRS
FYE Mar 2021	6.2	−0.5pp	Cons. · IFRS
FYE Mar 2022	6.1	−0.1pp	Cons. · IFRS
FYE Mar 2023	5.7	−0.4pp	Cons. · IFRS
FYE Mar 2024	4.5	−1.2pp	Cons. · IFRS
FYE Mar 2025	4.1	−0.4pp	Cons. · IFRS
FYE Mar 2026	3.7	−0.4pp	Cons. · IFRS

Definition: What the whole balance sheet earns
Formula: Net profit ÷ total assets
Source: Securities report (XBRL)

Asset turnover

FYE Mar 2026 0.32×

CAGR · 10 yrs −9.2%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	0.76	n/a	Cons. · IFRS
FYE Mar 2018	0.77	+1.2%	Cons. · IFRS
FYE Mar 2019	0.69	−9.6%	Cons. · IFRS
FYE Mar 2020	0.55	−21.1%	Cons. · IFRS
FYE Mar 2021	0.50	−7.8%	Cons. · IFRS
FYE Mar 2022	0.49	−2.6%	Cons. · IFRS
FYE Mar 2023	0.48	−3.2%	Cons. · IFRS
FYE Mar 2024	0.41	−14.5%	Cons. · IFRS
FYE Mar 2025	0.35	−13.8%	Cons. · IFRS
FYE Mar 2026	0.32	−9.2%	Cons. · IFRS

Definition: How much revenue each yen of assets produces
Formula: Revenue ÷ total assets
Source: Securities report (XBRL)

Cash flow statement Cash from operations, investment and financing, and what is left on hand

The three cash flows

¥ bn

Operating CF Investing CF Financing CF

Cash against debt

¥ bn

Cash and equivalents Interest-bearing debt Net cash

Operating cash flow

FYE Mar 2026 ¥1.79tn

CAGR · 10 yrs +4.9%

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	1,161	n/a	Cons. · IFRS
FYE Mar 2018	1,061	−8.6%	Cons. · IFRS
FYE Mar 2019	1,030	−3.0%	Cons. · IFRS
FYE Mar 2020	1,323	+28.5%	Cons. · IFRS
FYE Mar 2021	1,682	+27.1%	Cons. · IFRS
FYE Mar 2022	1,469	−12.7%	Cons. · IFRS
FYE Mar 2023	1,079	−26.5%	Cons. · IFRS
FYE Mar 2024	1,706	+58.2%	Cons. · IFRS
FYE Mar 2025	1,249	−26.8%	Cons. · IFRS
FYE Mar 2026	1,789	+43.2%	Cons. · IFRS

Definition: Cash the business itself generated
Formula: Cash flow from operating activities
Source: Securities report (XBRL)

Investing cash flow

FYE Mar 2026 -¥1.08tn

Average · 10 yrs -¥784bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-637	n/a	Cons. · IFRS
FYE Mar 2018	-634	n/a	Cons. · IFRS
FYE Mar 2019	-715	n/a	Cons. · IFRS
FYE Mar 2020	-611	n/a	Cons. · IFRS
FYE Mar 2021	-659	n/a	Cons. · IFRS
FYE Mar 2022	-762	n/a	Cons. · IFRS
FYE Mar 2023	-732	n/a	Cons. · IFRS
FYE Mar 2024	-832	n/a	Cons. · IFRS
FYE Mar 2025	-1,180	n/a	Cons. · IFRS
FYE Mar 2026	-1,080	n/a	Cons. · IFRS

Definition: Cash spent on, or released by, investment
Formula: Cash flow from investing activities
Source: Securities report (XBRL)

Financing cash flow

FYE Mar 2026 -¥553bn

Average · 10 yrs -¥484bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-486	n/a	Cons. · IFRS
FYE Mar 2018	-453	n/a	Cons. · IFRS
FYE Mar 2019	-311	n/a	Cons. · IFRS
FYE Mar 2020	-546	n/a	Cons. · IFRS
FYE Mar 2021	-586	n/a	Cons. · IFRS
FYE Mar 2022	-727	n/a	Cons. · IFRS
FYE Mar 2023	-670	n/a	Cons. · IFRS
FYE Mar 2024	-476	n/a	Cons. · IFRS
FYE Mar 2025	-33.6	n/a	Cons. · IFRS
FYE Mar 2026	-553	n/a	Cons. · IFRS

Definition: Cash raised from, or returned to, lenders and shareholders
Formula: Cash flow from financing activities
Source: Securities report (XBRL)

Cash and equivalents

FYE Mar 2026 ¥1.08tn

CAGR · 10 yrs +18.9%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	227	n/a	Cons. · IFRS
FYE Mar 2018	201	−11.4%	Cons. · IFRS
FYE Mar 2019	205	+1.9%	Cons. · IFRS
FYE Mar 2020	369	+80.5%	Cons. · IFRS
FYE Mar 2021	810	+119.3%	Cons. · IFRS
FYE Mar 2022	797	−1.6%	Cons. · IFRS
FYE Mar 2023	480	−39.7%	Cons. · IFRS
FYE Mar 2024	887	+84.7%	Cons. · IFRS
FYE Mar 2025	921	+3.8%	Cons. · IFRS
FYE Mar 2026	1,079	+17.1%	Cons. · IFRS

Definition: Cash on hand at the year end
Formula: Closing balance in the cash flow statement
Source: Securities report (XBRL)

Free cash flow

FYE Mar 2026 ¥708bn

CAGR · 10 yrs +3.4%

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	524	n/a	Cons. · IFRS
FYE Mar 2018	428	−18.4%	Cons. · IFRS
FYE Mar 2019	315	−26.3%	Cons. · IFRS
FYE Mar 2020	712	+126.1%	Cons. · IFRS
FYE Mar 2021	1,023	+43.6%	Cons. · IFRS
FYE Mar 2022	707	−30.9%	Cons. · IFRS
FYE Mar 2023	346	−51.0%	Cons. · IFRS
FYE Mar 2024	874	+152.3%	Cons. · IFRS
FYE Mar 2025	68.9	−92.1%	Cons. · IFRS
FYE Mar 2026	708	+927.6%	Cons. · IFRS

Definition: What is left once the business has paid for its own investment
Formula: Operating cash flow + investing cash flow
Source: Securities report (XBRL)

Operating cash flow margin

FYE Mar 2026 29.5%

Average · 10 yrs 24.9%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	24.5	n/a	Cons. · IFRS
FYE Mar 2018	21.1	−3.4pp	Cons. · IFRS
FYE Mar 2019	20.3	−0.8pp	Cons. · IFRS
FYE Mar 2020	25.3	+5.0pp	Cons. · IFRS
FYE Mar 2021	31.7	+6.4pp	Cons. · IFRS
FYE Mar 2022	27.0	−4.7pp	Cons. · IFRS
FYE Mar 2023	19.0	−7.9pp	Cons. · IFRS
FYE Mar 2024	29.7	+10.6pp	Cons. · IFRS
FYE Mar 2025	21.1	−8.6pp	Cons. · IFRS
FYE Mar 2026	29.5	+8.4pp	Cons. · IFRS

Definition: How much of the revenue turned into cash
Formula: Operating cash flow ÷ revenue
Source: Securities report (XBRL)

Net cash

FYE Mar 2026 -¥3.79tn

Average · 10 yrs -¥1.31tn

Fiscal year	Net cash ¥ bn	YoY	Basis
FYE Mar 2017	-741	n/a	Cons. · IFRS
FYE Mar 2018	-833	n/a	Cons. · IFRS
FYE Mar 2019	-987	n/a	Cons. · IFRS
FYE Mar 2020	-932	n/a	Cons. · IFRS
FYE Mar 2021	-435	n/a	Cons. · IFRS
FYE Mar 2022	-412	n/a	Cons. · IFRS
FYE Mar 2023	-772	n/a	Cons. · IFRS
FYE Mar 2024	-1,097	n/a	Cons. · IFRS
FYE Mar 2025	-3,111	n/a	Cons. · IFRS
FYE Mar 2026	-3,789	n/a	Cons. · IFRS

Definition: Cash on hand once the borrowings are paid off
Formula: Cash and equivalents − interest-bearing debt
Source: Securities report (XBRL)

Shares and share price Shares outstanding, price, market capitalisation and the valuation multiples

Market capitalisation

FYE Mar 2026 ¥11.4tn

Change · 10 yrs +¥3.75tn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	7,655	n/a
FYE Mar 2018	7,026	n/a
FYE Mar 2019	6,036	n/a
FYE Mar 2020	7,513	n/a
FYE Mar 2021	7,824	n/a
FYE Mar 2022	9,229	n/a
FYE Mar 2023	9,424	n/a
FYE Mar 2024	10,321	n/a
FYE Mar 2025	10,345	n/a
FYE Mar 2026	11,402	n/a

Definition: What the market says the company is worth
Formula: Year-end share price × shares outstanding
Source: Securities report (XBRL)

Share price year-end close

FYE Mar 2026 2,723¥

Change · 10 yrs −199¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	2,921	n/a
FYE Mar 2018	2,716	n/a
FYE Mar 2019	2,384	n/a
FYE Mar 2020	3,190	n/a
FYE Mar 2021	3,396	n/a
FYE Mar 2022	4,005	n/a
FYE Mar 2023	4,093	n/a
FYE Mar 2024	4,482	n/a
FYE Mar 2025	4,720	n/a
FYE Mar 2026	2,723	n/a

Definition: The closing price on the last day of the fiscal year
Formula: Year-end closing price
Source: Securities report (XBRL)

Shares outstanding

FYE Mar 2026 4,187,847,474shares

Change · 10 yrs +1,567,353,217 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	2,620,494,257	Parent
FYE Mar 2018	2,587,213,525	Parent
FYE Mar 2019	2,532,004,445	Parent
FYE Mar 2020	2,355,373,600	Parent
FYE Mar 2021	2,304,179,550	Parent
FYE Mar 2022	2,304,179,550	Parent
FYE Mar 2023	2,302,712,308	Parent
FYE Mar 2024	2,302,712,308	Parent
FYE Mar 2025	2,191,846,416	Parent
FYE Mar 2026	4,187,847,474	Parent

Definition: How many shares exist
Formula: Shares issued, from the key figures of the filing
Source: Securities report (XBRL)

EPS earnings per share

FYE Mar 2026 183.59¥

Change · 10 yrs −38.06¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	221.65	Cons.
FYE Mar 2018	235.54	Cons.
FYE Mar 2019	259.10	Cons.
FYE Mar 2020	275.69	Cons.
FYE Mar 2021	142.08	Cons.
FYE Mar 2022	150.01	Cons.
FYE Mar 2023	149.15	Cons.
FYE Mar 2024	141.75	Cons.
FYE Mar 2025	161.86	Cons.
FYE Mar 2026	183.59	Cons.

Definition: Net profit for each share
Formula: Net profit ÷ average shares outstanding
Source: Securities report (XBRL)

BPS book value per share

FYE Mar 2026 1,089.05¥

Change · 10 yrs −267.34¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	1,356.39	Cons. · IFRS
FYE Mar 2018	1,320.40	Cons. · IFRS
FYE Mar 2019	1,482.64	Cons. · IFRS
FYE Mar 2020	1,659.92	Cons. · IFRS
FYE Mar 2021	1,848.80	Cons. · IFRS
FYE Mar 2022	1,933.23	Cons. · IFRS
FYE Mar 2023	1,991.53	Cons. · IFRS
FYE Mar 2024	2,045.20	Cons. · IFRS
FYE Mar 2025	2,101.23	Cons. · IFRS
FYE Mar 2026	1,089.05	Cons. · IFRS

Definition: Equity behind each share
Formula: Equity ÷ shares outstanding
Source: Securities report (XBRL)

PER price-to-earnings ratio

FYE Mar 2026 14.83×

Average · 10 yrs 12.97×

Fiscal year	PER ×	Basis
FYE Mar 2017	13.18	Cons.
FYE Mar 2018	11.53	Cons.
FYE Mar 2019	9.20	Cons.
FYE Mar 2020	11.57	Cons.
FYE Mar 2021	11.95	Cons.
FYE Mar 2022	13.35	Cons.
FYE Mar 2023	13.72	Cons.
FYE Mar 2024	15.81	Cons.
FYE Mar 2025	14.58	Cons.
FYE Mar 2026	14.83	Cons.

Definition: How many years of earnings the price stands for
Formula: Year-end price ÷ EPS
Source: Securities report (XBRL)

PBR price-to-book ratio

FYE Mar 2026 2.04×

Average · 10 yrs 1.76×

Fiscal year	PBR ×	Basis
FYE Mar 2017	2.02	Cons.
FYE Mar 2018	1.73	Cons.
FYE Mar 2019	1.34	Cons.
FYE Mar 2020	1.67	Cons.
FYE Mar 2021	1.62	Cons.
FYE Mar 2022	1.78	Cons.
FYE Mar 2023	1.74	Cons.
FYE Mar 2024	1.80	Cons.
FYE Mar 2025	1.87	Cons.
FYE Mar 2026	2.04	Cons.

Definition: The price measured against the book value behind it
Formula: Year-end price ÷ BPS
Source: Securities report (XBRL)

Workforce and productivity Headcount, pay and what each employee accounts for

Group employees

FYE Mar 2026 73,198people

Change · 10 yrs +38,166 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	35,032	n/a	Cons.
FYE Mar 2018	38,826	+10.8%	Cons.
FYE Mar 2019	41,996	+8.2%	Cons.
FYE Mar 2020	44,952	+7.0%	Cons.
FYE Mar 2021	47,320	+5.3%	Cons.
FYE Mar 2022	48,829	+3.2%	Cons.
FYE Mar 2023	49,659	+1.7%	Cons.
FYE Mar 2024	61,288	+23.4%	Cons.
FYE Mar 2025	64,636	+5.5%	Cons.
FYE Mar 2026	73,198	+13.2%	Cons.

Definition: Everyone employed across the group
Formula: Consolidated headcount, from the employee section of the filing
Source: Securities report (XBRL)

Parent-company employees

FYE Mar 2026 9,891people

Change · 10 yrs −1,025 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	10,916	n/a	Parent
FYE Mar 2018	11,037	+1.1%	Parent
FYE Mar 2019	10,968	−0.6%	Parent
FYE Mar 2020	10,892	−0.7%	Parent
FYE Mar 2021	11,353	+4.2%	Parent
FYE Mar 2022	10,455	−7.9%	Parent
FYE Mar 2023	9,377	−10.3%	Parent
FYE Mar 2024	9,409	+0.3%	Parent
FYE Mar 2025	9,483	+0.8%	Parent
FYE Mar 2026	9,891	+4.3%	Parent

Definition: Employees of the filing company itself
Formula: Parent-only headcount, from the employee section of the filing
Source: Securities report (XBRL)

Average annual pay parent company

FYE Mar 2026 ¥10.5m

Change · 10 yrs +¥1.0m

Fiscal year	Average annual pay ¥ m	YoY	Basis
FYE Mar 2017	9.5	n/a	Parent
FYE Mar 2018	9.4	−1.8%	Parent
FYE Mar 2019	9.5	+1.8%	Parent
FYE Mar 2020	9.3	−2.4%	Parent
FYE Mar 2021	9.5	+2.0%	Parent
FYE Mar 2022	9.5	−0.3%	Parent
FYE Mar 2023	9.4	−0.2%	Parent
FYE Mar 2024	9.9	+4.6%	Parent
FYE Mar 2025	10.2	+3.2%	Parent
FYE Mar 2026	10.5	+3.2%	Parent

Definition: Average total annual compensation, bonuses included
Formula: Average annual pay, from the employee section of the filing
Source: Securities report (XBRL)

Average age

FYE Mar 2026 42.3years

Change · 8 yrs −0.2 years

Fiscal year	Average age years	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	42.5	n/a	Parent
FYE Mar 2020	42.8	+0.7%	Parent
FYE Mar 2021	42.8	−0.0%	Parent
FYE Mar 2022	42.5	−0.7%	Parent
FYE Mar 2023	42.5	−0.0%	Parent
FYE Mar 2024	42.2	−0.7%	Parent
FYE Mar 2025	42.0	−0.5%	Parent
FYE Mar 2026	42.3	+0.7%	Parent

Definition: Average age of the parent company's employees
Formula: Average age, from the employee section of the filing
Source: Securities report (XBRL)

Average length of service

FYE Mar 2026 16.4years

Change · 10 yrs −1.0 years

Fiscal year	Average length of service years	YoY	Basis
FYE Mar 2017	17.4	n/a	Parent
FYE Mar 2018	17.6	+1.1%	Parent
FYE Mar 2019	17.7	+0.6%	Parent
FYE Mar 2020	17.8	+0.6%	Parent
FYE Mar 2021	17.6	−1.1%	Parent
FYE Mar 2022	17.2	−2.3%	Parent
FYE Mar 2023	17.4	+1.2%	Parent
FYE Mar 2024	16.7	−4.0%	Parent
FYE Mar 2025	16.4	−1.8%	Parent
FYE Mar 2026	16.4	−0.0%	Parent

Definition: How long the average employee has been with the company
Formula: Average years of service, from the employee section of the filing
Source: Securities report (XBRL)

Temporary employees

FYE Mar 2026 44,964people

Change · 10 yrs +10,762 people

Fiscal year	Temporary employees people	YoY	Basis
FYE Mar 2017	34,202	n/a	n/a
FYE Mar 2018	34,682	+1.4%	n/a
FYE Mar 2019	36,341	+4.8%	n/a
FYE Mar 2020	38,356	+5.5%	n/a
FYE Mar 2021	35,240	−8.1%	n/a
FYE Mar 2022	37,180	+5.5%	n/a
FYE Mar 2023	36,672	−1.4%	n/a
FYE Mar 2024	47,425	+29.3%	n/a
FYE Mar 2025	52,750	+11.2%	n/a
FYE Mar 2026	44,964	−14.8%	n/a

Definition: Average number of temporary and part-time staff over the year
Formula: Average temporary headcount, from the employee section of the filing
Source: Securities report (XBRL)

Revenue per employee

FYE Mar 2026 ¥83.0m

Change · 10 yrs −¥52.6m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	136	n/a	Cons.
FYE Mar 2018	130	−4.2%	Cons.
FYE Mar 2019	121	−6.8%	Cons.
FYE Mar 2020	117	−3.7%	Cons.
FYE Mar 2021	112	−3.6%	Cons.
FYE Mar 2022	112	−0.6%	Cons.
FYE Mar 2023	114	+2.4%	Cons.
FYE Mar 2024	93.9	−17.8%	Cons.
FYE Mar 2025	91.6	−2.5%	Cons.
FYE Mar 2026	83.0	−9.4%	Cons.

Definition: What each employee accounts for in revenue
Formula: Revenue ÷ group employees
Source: Securities report (XBRL)

Operating profit per employee

FYE Mar 2026 ¥15.0m

Change · 10 yrs −¥11.0m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	26.1	n/a	Cons.
FYE Mar 2018	24.8	−4.8%	Cons.
FYE Mar 2019	24.1	−2.7%	Cons.
FYE Mar 2020	22.8	−5.5%	Cons.
FYE Mar 2021	21.9	−3.9%	Cons.
FYE Mar 2022	21.7	−0.9%	Cons.
FYE Mar 2023	21.7	−0.1%	Cons.
FYE Mar 2024	15.7	−27.7%	Cons.
FYE Mar 2025	17.3	+10.3%	Cons.
FYE Mar 2026	15.0	−13.2%	Cons.

Definition: What each employee accounts for in operating profit
Formula: Operating profit ÷ group employees
Source: Securities report (XBRL)

Disclaimer

Figures are reproduced as filed and are not restated: a change of accounting standard or of consolidation basis moves the series without anything happening to the business. Where that happened, the table says so in place of the year-on-year figure.
Ratios and per-employee figures are computed from the filed lines rather than taken from the filing, and use year-end balances rather than averages.

Accuracy, liability, reuse and privacy — the full disclaimer →

Data API

KDDI’s history, presidents and financials are published as static JSON — no key, plain GET. One API per public page, and one per section where a page carries several tables. Full specification →

/api/9433/company.json ·/api/9433/history.json ·/api/9433/ceo.json ·/api/9433/financials.json ·/api/9433/financials/segment.json ·/api/9433/financials/pl.json ·/api/9433/financials/cf.json ·/api/9433/financials/bs.json ·/api/9433/financials/employee.json ·/api/9433/financials/stock.json ·/api/9433/financials.csv ·/api/9433/financials_history.csv

/api/companies.json ·/api/decisions.json ·/api/api-manifest.json