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 yen (rising 20.2 %) in operating profit, 22,193 million yen (gaining 19.4 %) in ordinary profit and 15,374 million yen (increasing 19.4 %) in profit for the year. Net sales and all profit categories hit record high for the first quarter.



Key Initiatives
Through data-driven approaches, Oracle will further accelerate the provision of cloud-based services to maximize the value of information and to contribute to Japanese society.

During FY24, Oracle made intensive efforts in two initiatives to contribute to Japanese society. One is to provide Japan-focused cloud, and the other is to promote AI for customers.

For FY25, Oracle Japan will further advance the strategies in these two initiatives. In addition to providing extensive and integrated cloud services, Oracle will offer AI for enterprises with top level security, performance and efficiency.

To answer needs for data sovereignty, which are expected to grow in the future, Oracle will accelerate business expansion and strategic collaboration with partners in Japan with a focus on sovereign cloud and sovereign AI requirements.


 

 

 

 

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