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KDDI recognized the overstatement of sales and cost of sales due to fictitious circular transactions in the advertising agency business of its consolidated subsidiaries and submitted correction reports retrospectively covering the fiscal years from March 2023 to March 2025.

Consolidated sales for FY March 2026 Q3 were JPY 1,526,986 million, operating income was JPY 239,771 million, and net income attributable to owners of the parent was JPY 136,412 million. Year-over-year changes are unclear due to some figure revisions.

Due to retrospective adjustments including an impairment loss of JPY 64.6 billion related to fictitious circular transactions, the consolidated earnings guidance for FY March 2026 was revised to net sales of JPY 6,060 billion, operating income of JPY 1,090 billion, and net income attributable to owners of parent of JPY 698 billion.

As a result of the investigation into fictitious circular transactions related to KDDI conducted from January 14 to March 31, 2026, it was found that the matter was not organizational, about 99.7% of sales were fictitious transactions, and measures to prevent recurrence will be formulated.

Consolidated net sales for Q3 FY March 2026 totaled JPY 4,471,796 million (3.8% YoY increase), operating income was JPY 856,693 million (1.1% YoY increase), and net income attributable to owners of parent for the quarter was JPY 545,541 million (5.1% YoY increase).

It was revealed that fictitious circular transactions were conducted at KDDI’s consolidated subsidiaries Biglobe and G-Plan from August 2018 through December 2025, resulting in accounting fraud with approximately JPY 2.461 trillion in overstated net sales, JPY 150.8 billion in operating income, and about JPY 329 billion in external outflows. Two involved employees were dismissed for disciplinary reasons, several executives resigned...

For the second quarter of the fiscal year ending March 2026, net sales amounted to JPY 2,916,005 million (3.4% YoY increase), operating income was JPY 555,004 million (1.3% YoY decrease), and net income attributable to owners of parent reached JPY 359,882 million (5.9% YoY increase).

For the first quarter of the fiscal year ending March 2026, consolidated net sales were JPY 1,415.7 billion, up 3.0% year-over-year; operating income was JPY 259.5 billion, down 4.7%; and quarterly net income attributable to owners of the parent was JPY 160.1 billion, down 7.0%.

Consolidated net sales for the fiscal year ending March 2025 amounted to JPY 5,835.525 billion (2.4% Year-over-Year increase), operating income was JPY 1,087.468 billion (19.2% Year-over-Year increase), and net income attributable to owners of parent was JPY 655.416 billion (9.2% Year-over-Year increase). A 2-for-1 stock split will be implemented on April 1, 2025, and plans are in place for treasury...

Consolidated net sales for the third quarter of the fiscal year ending March 2025 were JPY 4,308,539 million (2.1% YoY increase), operating income was JPY 847,697 million (0.6% YoY increase), and net income attributable to owners of the parent was JPY 519,004 million (3.9% YoY decrease).

For the first quarter of the fiscal year ending March 2025, net sales were 1,373,856 million yen (4.4% year-over-year increase), operating income was 272,305 million yen (2.8% year-over-year increase), and net income attributable to owners of parent was 172,069 million yen (1.8% year-over-year decrease).

Following the investigation results related to improper transactions by a consolidated subsidiary, amendments were made to past years' securities reports and financial summaries. This resulted in a reduction impact of up to approximately 5.9% on net sales and operating income.