- Oracle Japan shares surged more than 7% in Tokyo after fiscal Q1 net sales rose 13% year over year to 74.86 billion yen and operating profit jumped 22.7% to 25.92 billion yen, with net profit up 23.2% to 18.25 billion yen — all records for a fiscal first quarter.
- Cloud revenue climbed 31.7% year over year to 25.14 billion yen, lifting cloud's share of total sales to 33.6% from 28.8% a year earlier, driven by demand for its Tokyo and Osaka data centers.
- The Tokyo rally bucked a more than 3% overnight drop in U.S.-listed Oracle shares after the parent sent a force majeure notice tied to its New Mexico data center project.
- Oracle Japan maintained full-year sales growth guidance of 6-10% and said it plans to expand its sovereign cloud offering and strengthen AI solutions in Japan.
- Oracle committed more than $8 billion to cloud and AI infrastructure in Japan over a decade, while SoftBank has rolled out sovereign cloud and generative AI services using Oracle technology.
Quotes
“The Japanese arm said Thursday that net sales for the June-August quarter rose 13% from a year earlier to 74.86 billion yen ($472 million), while operating profit jumped 22.7% to 25.92 billion yen.”
“Oracle Japan said demand for cloud infrastructure had driven usage of its Tokyo and Osaka data centers.”
“The company maintained its full-year outlook for sales growth of 6-10%.”