Hi Nik,
Thanks for the feedback. Actually, this is very interesting. My source
was the Vodafone K.K. printed Annual report (page 13). Although I can't
find the full version online (does anyone have the link for this?), I do
have the following link (see page 6) which confirms my numbers (at least
for the past two years):
http://www.vodafone.jp/english/company/ir/pdf/050524_1e.pdf
Gerhard's post late last week also provided a link to his site
(http://eurotechnology.com/blog/2006/01/japans-mobile-operators-profits.html)
with the exact same figures that I quoted, so I feel confident in what I
posted. But the question is why the numbers between these two reports
differ so much for FY2004. From the link I provided above, Vodafone
K.K. here in Japan reported a 100 billion net loss in FY2004. But the
Vodafone Group numbers you provided show a GBP 1 billion operating
profit. Why this inconsistency?
I can see why you thought that my post was quoting "phantom figures"!
Regarding the brand information I quoted, the only publicly available
information I can find about this survey is from May 2004. You can find
it on the Nikkei Interactive site here:
http://www.nni.nikkei.co.jp/AC/TNW/Search/Nni20040510IS1BRND1.htm.
Nikkei BP Consulting conducts an annual "Brand Japan" survey, and in
this article, Yahoo was the number 4 consumer brand in 2004 (up from #40
in 2003), whereas no mobile operator is on the list (Sony, Panasonic,
Windows (Microsoft), Fuji TV, Sharm, Canon and Vaio all make the top 20).
Best,
Philip
Nik Frengle wrote:
> Philip,
> The financial figures you are quoting are at variance with reported numbers
> for Vodafone K.K. Look at the annual reports
> <http://www.vodafone.com/assets/files/en/VOD_annual_report_2005_3.pdf>(p.39),
> and you will see that the operating profit for 2004 was over 1 billion GBP (
> 1.04 to be exact), or 200 billion yen or so. Net income, which you have
> other numbers for, was 6.14 billion GBP, or about 1.23 trillion yen.
> Vodafone K.K. (and before that J-Phone) has posted an operating profit for
> every year of it's ownership by Vodafone.
>
--
Philip Sugai
Assistant Professor of Marketing
International University of Japan
777 Kokusai Cho, Minami Uonuma-shi
Niigata, 949-7277 Japan
Office Tel/Fax: 81-(0)25-779-1400
Received on Mon Mar 13 04:17:04 2006