Spawned as a joint venture between Yahoo and telecom conglomerate SoftBank in 1996, Yahoo Japan owns a market leading Internet portal in its home country. Its stock has slumped this year—a result of Altaba, the successor to the U.S. version of Yahoo, deciding to offload its equity stake. Despite these headwinds, Yahoo Japan’s aggressive investment in e-commerce—including bolstering digital payments, turning office supplies vendor Askul into a subsidiary, and offering shopping discounts to fend off rivals like Amazon and Rakuten—suggests signs of a renewal.
Internet Software and Services
|Revenues ($M) (Past 12 Months)||$8,308|
|Profits ($M) (Past 12 Months)||$1,160|
|Market Value as of Oct. 10, 2018 ($M)||$17,597|