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Comcast is exploring the separation of its cable network business.
Comcast CEO Mike Cavanagh said on Thursday that Comcast is exploring the separation of its cable television network business. During the third quarter earnings conference call with investors, Cavanagh stated that the company is exploring the creation of a 'new and well-capitalized company owned by our shareholders and consisting of our strong cable television network portfolio.' He added that the possible separation would not include the broadcasting network NBC or the streaming service Peacock. Cavanagh's comments come as millions of customers continue to abandon traditional pay TV bundles in favor of streaming services.
Caster---In the fiscal year ending August 24, revenue was 4.44 billion yen, with strong performance in the WaaS business.
Caster <9331> announced its financial results for the fiscal year ending August 2024 on the 11th. Revenue was 4.44 billion yen, operating loss was 0.151 billion yen, ordinary loss was 0.158 billion yen, and net loss attributable to the parent company's shareholders was 0.217 billion yen. Since consolidated financial statements have been prepared from the fiscal year ending August 2024, the year-on-year changes compared to the fiscal year ending August 2023 are not disclosed. Revenue from the WaaS business was 3.597 billion yen, and segment profit (operating profit) was 0.852 billion yen. This was mainly due to efforts at the operational level.
Ryohin Keikaku, operating profit up by 69.4% to 56.1 billion yen on August 24, financial estimates for August 25 showing a 2.0% decrease to 55 billion yen.
Ryohin Keikaku <7453> announced its financial results for the August 2024 period, with operating revenue increasing by 13.8% year-on-year to 661.677 million yen, and operating profit increasing by 69.4% to 56.135 million yen. Both operating revenue and each stage profit reached record highs. The improvement in operating gross profit margin was due to the effects of domestic price adjustments and the suppression of price reductions. For the August 2025 period, operating revenue increased by 10.9% year-on-year to 734 billion yen, while operating profit decreased by 2% to 55 billion yen.
Caster: Financial results presentation materials for the fiscal year ending 2024/8
Caster: Summary of Financial Results for the Fiscal Year Ending August 2024 [Japanese GAAP] (Consolidated)
Caster: Notice regarding differences between full-year consolidated earnings forecasts and full-year individual earnings forecasts and actual values
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