Okinawa Cellular Telephone Company (9436) investor relations material

Executive summary

• Operating revenue rose 6.8% year-over-year to ¥22,007 million, with operating profit up 25.6% to ¥5,830 million and net income up 24.1% to ¥4,059 million.

• Total mobile subscribers surpassed 700,000, with net additions increasing year-over-year for two consecutive quarters.

• Churn rates for both multi-brand and au declined year-over-year for the third consecutive quarter.

• Business segments focused on enhancing customer lifetime value (LTV) and customer experience (CX), with initiatives tailored to Okinawa.

• Comprehensive income increased 23.1% year-over-year to ¥4,115 million.

Financial highlights

• EBITDA increased 18.2% year-over-year to ¥7,334 million.

• Total mobile revenue grew by ¥926 million year-over-year, driven by service revisions and strong handset sales.

• Net income per share was ¥44.10, up from ¥34.84 year-over-year.

• Capital adequacy ratio improved to 83.5% from 82.2% at prior year-end.

• Free cash flow for Q1 was ¥4,507 million, up ¥352 million year-over-year.

Outlook and guidance

• Operating revenue is tracking at 24% of the full-year forecast, while operating profit is at 31% of the annual target.

• FY27 full-year forecast: operating revenues ¥90,000 million (+4.2%), operating income ¥19,100 million (+2.2%), recurring profits ¥19,300 million (+2.3%), profit attributable to owners of parent ¥13,250 million (+0.3%).

• No changes to previously announced forecasts; monitoring for potential revisions due to economic or competitive factors.

• Continued focus on expanding customer base and executing growth strategies in both personal and business segments.