Oracle Japan FY25 Q1 Operating Income jumps 20%
Oracle Japan FY25 Q1 Review (from June 1, 2024 to August 31, 2024) Sep 2024 - During the first quarter under review (from June 1, 2024 to August 31, 2024, hereinafter “this quarter”), the Japanese information services industry in which the Company operates in, were gradually recovering and many were migrating to the Cloud, with IT investment aimed at corporate growth and boosting competitiveness, including investing in new technologies such as Autonomous Database, AI, Machine learning or Deep learning technology, improving efficiency through the use of variable digital data, building the IT environment to realize sustainable management and strengthening contact points with end users. In this business environment, the Company is expanding its Cloud business for realizing Customers’ innovation, for their business transformation, and for supporting their firm growth. As a result of these measures, the Company posted 63,915 million yen (up 11.4 % year on year) in net sales, 22,194 million ...