Yahoo Japan Corporation reported consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported revenue of JPY 88,630 million compared to JPY 76,540 million a year ago. Operating income was JPY 49,973 million compared to JPY 41,806 million a year ago. Ordinary income was JPY 50,054 million compared to JPY 42,383 million a year ago. Net income was JPY 30,947 million compared to JPY 25,377 million a year ago. Net income before income taxes was JPY 50,775 million compared to JPY 42,518 million a year ago. Revenue for the third quarter expanded compared with the same period in the previous fiscal year mainly because of growth in advertising revenue, an increase in Yahoo! Premium revenue, and the conversion of ValueCommerce Co. Ltd., to a subsidiary. Cash flows from operating activities were JPY 14,116 million compared to JPY 6,924 million a year ago. Expenditures on tangible fixed assets were JPY 5,231 million compared to JPY 4,284 million a year ago. Expenditures on intangible fixed assets were JPY 761 million compared to JPY 629 million a year ago.

For the year to date, the company reported revenue of JPY 245,014 million compared to JPY 222,181 million a year ago. Operating income was JPY 135,420 million compared to JPY 121,200 million a year ago. Ordinary income was JPY 136,789 million compared to JPY 122,690 million a year ago. Net income was JPY 83,169 million or JPY 1,433.57 per diluted share compared to JPY 72,954 million or JPY 1,257.63 per diluted share a year ago. Net income before income taxes was JPY 135,747 million compared to JPY 122,644 million a year ago. Cash flows from operating activities were JPY 78,953 million. Expenditures on tangible fixed assets were JPY 12,707 million. Expenditures on intangible fixed assets were JPY 2,238 million.

For the year end and for the full year, the company expects to pay cash dividend to be in the range of JPY 382.00-387.00 compared to the previously expected dividend in the range of JPY 370 to JPY 378 per share.

For the second half, on consolidated basis, the company expects revenue to be in the range of JPY 175,800 million - JPY 181,800 million, operating income to be in the range of JPY 93,800 million - JPY 96,300 million, ordinary income to be in the range of JPY 94,600 million - JPY 97,000 million and net income to be in the range of JPY 58,400 million - JPY 59,900 million.

For the full year, on consolidated basis, the company expects revenue to be in the range of JPY 332,200 million- 338,200 million, operating income to be in the range of JPY 179,300 million- 181,700 million, ordinary income to be in the range of JPY 181,300 million- 183,800 million, net income to be in the range of JPY 110,600 million- 112,100 million and net income per primary share to be in the range of JPY 1,906.40-1,932.26.