For the year ended 31 March in Japan, revenue rose to Y5.66bn from Y5.30bn while net profit fell to Y542m from Y581m.
Operating profit increased to Y1.02bn from Y860m and pretax profit to Y1.01bn from Y849m, while earnings per share edged up to Y129.89 from Y128.74.
XNET forecast a year-end dividend of Y25.00, taking the annual payout to Y47.50 versus Y45.00, with results prepared under Japanese accounting standards.
XNET's revenue is up, so why did its final take-home profit actually shrink?
As Japan's economy slows, can XNET's sales growth continue to defy the national trend?
With net profit falling, is XNET's dividend hike a sign of confidence or a risky gamble?
What specific costs erased XNET's profit gains before they reached the bottom line?
Are rising costs silently eroding profits in Japan's booming technology sector?