Softbank of Japan said it expects revenues, operating income and cash flow to grow in the year to March 31, 2010 despite a 4% decline in revenues in the previous year to 2.67 trillion Japanese yen (27.19 billion US dollars). Net sales in Softbank's mobile communications division fell by 4% to 1.56 trillion yen dragged down by a fall in handset sales.
Softbank said it expects capital spending of 220 billion yen in the year to March 31, 2010 compared with 259 billion yen the previous year. source: Softbank statement
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