Japan’s largest e-commerce company Rakuten released its earnings for the first quarter of fiscal 2011 today. And things are looking quite good: consolidated net sales, for example, rose 9.8% year-on-year to 86,921 million yen, despite the negative effects of the March 11 earthquake.
Operating net income grew 8.4% to 14,074 million yen, while ordinary income rose 9.7% to 13,870 million yen. Rakuten’s quarterly net income increased 1.4% year-on-year to 6,914 million yen.
Downloads of Rakuten’s first quarter FY2011 earning results:
Presentation material (in English)
Earnings release (in English)