Fan Communications (TYO:2461) posted consolidated revenue of 601.4 million yen in May, up 1.7% from a year earlier, supported by strong growth in its Strategic Business segment despite a slowdown in its core CPA business, according to a Monday filing on the Tokyo Stock Exchange.
Revenue in the Strategic Business segment jumped 64.9% year-on-year to 121.2 million yen, extending a robust growth streak.
In contrast, revenue from the CPA Solution Business fell 7.2% to 480.2 million yen, marking its first year-on-year decline in over a year.
Total transaction volume for May rose 1.2% on the year to 2.14 billion yen. The CPA business was flat at 1.99 billion yen, while the Strategic Business climbed 10.1% to 149.8 million yen.
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