Form 20-F þ | Form 40-F o |
Yes o | No þ |
Earnings release dated January 29, 2010 announcing the companys results for the nine months ended December 31, 2009 | ||
Presentation material |
NTT DoCoMo, Inc. |
||||
Date: January 29, 2010 | By: | /S/ OSAMU HIROKADO | ||
Osamu Hirokado | ||||
Head of Investor Relations | ||||
Financial Statements |
January 29, 2010 | |
For the Nine Months Ended December 31, 2009 | [U.S. GAAP] |
Name of registrant:
|
NTT DoCoMo, Inc. (URL http://www.nttdocomo.co.jp/) | |
Code No.:
|
9437 | |
Stock exchange on which the Companys shares are listed:
|
Tokyo Stock Exchange-First Section | |
Representative:
|
Ryuji Yamada, Representative Director, President and Chief Executive Officer | |
Contact:
|
Ken Takeuchi, Senior Manager, General Affairs Department / TEL +81-3-5156-1111 | |
Scheduled date for filing of quarterly report:
|
February 3, 2010 |
(1) | Consolidated Results of Operations |
|
Amounts are rounded off to the nearest 1 million yen. |
(Millions of yen) | ||||||||||||||||||||||||
Income before | ||||||||||||||||||||||||
Operating Revenues | Operating Income | Income Taxes | ||||||||||||||||||||||
Nine months ended December 31, 2009 |
3,242,364 | (4.0 | )% | 702,653 | (5.9 | )% | 701,687 | (1.1 | )% | |||||||||||||||
Nine months ended December 31, 2008 |
3,378,760 | | 746,785 | | 709,393 | |
(Percentages above represent changes compared to the corresponding previous quarterly period) |
(2) Consolidated Financial Position |
(Millions of yen, except per share amounts) | ||||||||||||||||
Equity Ratio | NTT DoCoMo, Inc. | |||||||||||||||
NTT DoCoMo, Inc. | (Ratio of NTT DoCoMo, Inc. | Shareholders Equity | ||||||||||||||
Total Assets | Shareholders Equity | Shareholders Equity to Total Assets) | per Share | |||||||||||||
December 31, 2009 |
6,494,617 | 4,528,168 | 69.7 | % | 108,835.17 (yen) | |||||||||||
March 31, 2009 |
6,488,220 | 4,341,585 | 66.9 | % | 103,965.64 (yen) |
NTT DoCoMo, Inc. Shareholders Equity was previously referred to as Shareholders Equity in
prior years. |
Cash dividends per share (yen) | ||||||||||||||||||||
End of the first | End of the second | End of the third | ||||||||||||||||||
quarter | quarter | quarter | Year-end | Total | ||||||||||||||||
Year ended March 31, 2009 |
| 2,400.00 | | 2,400.00 | 4,800.00 | |||||||||||||||
Year ending March 31, 2010 |
| 2,600.00 | | | | |||||||||||||||
Year ending March 31, 2010
(Forecasts) |
| | | 2,600.00 | 5,200.00 |
Change in forecasts of dividends during the three months ended December 31, 2009: None |
(Millions of yen) | ||||||||||||||||||||||||
Operating | Income before | |||||||||||||||||||||||
Revenues | Operating Income | Income Taxes | ||||||||||||||||||||||
Year ending March 31, 2010 |
4,276,000 | (3.9 | )% | 830,000 | (0.1 | )% | 825,000 | 5.7 | % |
(Percentages above represent changes compared to the previous year) |
(1) |
Changes in significant consolidated subsidiaries (which resulted in changes in scope of consolidation) | None | ||||||||||
(2) |
Application of accounting which is simplified or exceptional for quarterly consolidated financial statements | None | ||||||||||
(3) | Changes in significant accounting policies, procedures and presentation in quarterly consolidated financial statements | |||||||||||
(i) Changes due to revision of accounting standards and other regulations: | Yes | |||||||||||
(ii) Others: | None | |||||||||||
(See more information on page 13.) | ||||||||||||
(4) | Number of issued shares (common stock) | |||||||||||
(i) Number of issued shares (inclusive of treasury stock): | As of December 31, 2009: | 43,950,000 shares | ||||||||||
As of March 31, 2009: | 43,950,000 shares | |||||||||||
(ii) Number of treasury stock: | As of December 31, 2009: | 2,344,258 shares | ||||||||||
As of March 31, 2009: | 2,190,193 shares | |||||||||||
(iii) Number of weighted average common shares outstanding: |
For the nine months ended December 31, 2009: | 41,738,464 shares | ||||||||||
For the nine months ended December 31, 2008: | 42,341,664 shares |
* | Explanation for forecasts of operation and other notes: |
With regard to the assumptions and other related matters concerning consolidated financial
results forecasts for the fiscal year ending March 31, 2010, refer to pages 12 and 22. |
||
Consolidated financial statements in this earnings release are unaudited. |
2
(Millions of yen, except per share amounts) | ||||||||||||||||
Basic Earnings per Share | Diluted Earnings per Share | |||||||||||||||
Net Income Attributable to | Attributable to | Attributable to | ||||||||||||||
NTT DoCoMo, Inc.* | NTT DoCoMo, Inc. | NTT DoCoMo, Inc. | ||||||||||||||
Nine months ended December 31, 2009 |
419,346 | (4.2 | )% | 10,046.99 (yen) | | |||||||||||
Nine months ended December 31, 2008 |
437,705 | | 10,337.45 (yen) | |
(Percentage above represents changes compared to the corresponding previous quarterly period) |
(Millions of yen, except per share amounts) | ||||||||||||
Basic Earnings per Share | ||||||||||||
Net Income Attributable to | Attributable to | |||||||||||
NTT DoCoMo, Inc.* | NTT DoCoMo, Inc. | |||||||||||
Year ending March 31, 2010 |
493,000 | 4.5 | % | 11,849.33 (yen) |
(Percentage above represents changes compared to the previous year) |
* | Net Income Attributable to NTT DoCoMo, Inc. is calculated in the same manner as Net income
for the fiscal year ended March 31, 2009. |
3
Notes: | 1. | Consolidated financial statements as of December 31, 2008 and 2009, and for the three
months and nine months ended December 31, 2008 and 2009 in this release are unaudited. |
2. | Amounts in this release are rounded off. |
4
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Three months ended | Three months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Operating revenues |
¥ | 1,111.0 | ¥ | 1,096.6 | ¥ | (14.4 | ) | (1.3 | )% | |||||||
Operating expenses |
941.1 | 879.1 | (62.0 | ) | (6.6 | ) | ||||||||||
Operating income |
169.8 | 217.4 | 47.6 | 28.0 | ||||||||||||
Other income (expense) |
(20.6 | ) | 4.4 | 25.0 | | |||||||||||
Income before income taxes |
149.2 | 221.8 | 72.6 | 48.6 | ||||||||||||
Income taxes |
60.0 | 89.7 | 29.7 | 49.4 | ||||||||||||
Equity in net income (losses) of affiliates |
1.8 | 2.9 | 1.1 | 58.4 | ||||||||||||
Net Income |
91.0 | 135.0 | 44.0 | 48.3 | ||||||||||||
Less: Net (income) loss attributable to
noncontrolling interests |
0.0 | (0.4 | ) | (0.4 | ) | | ||||||||||
Net income attributable to NTT DoCoMo, Inc. |
¥ | 91.0 | ¥ | 134.6 | ¥ | 43.6 | 47.9 | % | ||||||||
EBITDA margin* |
37.4 | % | 36.3 | % | (1.1) point | | ||||||||||
ROCE* |
3.4 | % | 4.2 | % | 0.8 point | | ||||||||||
ROCE after tax effect* |
2.0 | % | 2.5 | % | 0.5 point | | ||||||||||
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Nine months ended | Nine months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Operating revenues |
¥ | 3,378.8 | ¥ | 3,242.4 | ¥ | (136.4 | ) | (4.0 | )% | |||||||
Operating expenses |
2,632.0 | 2,539.7 | (92.3 | ) | (3.5 | ) | ||||||||||
Operating income |
746.8 | 702.7 | (44.1 | ) | (5.9 | ) | ||||||||||
Other income (expense) |
(37.4 | ) | (1.0 | ) | 36.4 | 97.4 | ||||||||||
Income before income taxes |
709.4 | 701.7 | (7.7 | ) | (1.1 | ) | ||||||||||
Income taxes |
279.4 | 283.8 | 4.4 | 1.6 | ||||||||||||
Equity in net income (losses) of affiliates |
7.7 | 3.2 | (4.6 | ) | (58.9 | ) | ||||||||||
Net Income |
437.7 | 421.1 | (16.7 | ) | (3.8 | ) | ||||||||||
Less: Net (income) loss attributable to
noncontrolling interests |
(0.0 | ) | (1.7 | ) | (1.7 | ) | | |||||||||
Net income attributable to NTT DoCoMo, Inc. |
¥ | 437.7 | ¥ | 419.3 | ¥ | (18.4 | ) | (4.2 | )% | |||||||
EBITDA margin* |
40.1 | % | 38.1 | % | (2.0) point | | ||||||||||
ROCE* |
15.3 | % | 13.9 | % | (1.4) point | | ||||||||||
ROCE after tax effect* |
9.0 | % | 8.2 | % | (0.8) point | | ||||||||||
* | EBITDA and EBITDA margin, as we use them in this earnings release, are
different from EBITDA as used in Item 10(e) of Regulation S-K and may not be comparable
to similarly titled measures used by other companies. For an explanation of our
definitions of EBITDA, EBITDA margin, ROCE and ROCE after tax effect, see
Reconciliations of the Disclosed Non-GAAP Financial Measures to the Most Directly
Comparable GAAP Financial Measures on page 21. |
5
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Three months ended | Three months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Wireless services |
¥ | 962.6 | ¥ | 966.2 | ¥ | 3.6 | 0.4 | % | ||||||||
Cellular services revenues |
919.1 | 896.6 | (22.6 | ) | (2.5 | ) | ||||||||||
- Voice revenues |
539.6 | 499.3 | (40.4 | ) | (7.5 | ) | ||||||||||
Including: FOMA services |
475.9 | 470.7 | (5.2 | ) | (1.1 | ) | ||||||||||
- Packet communications revenues |
379.5 | 397.3 | 17.8 | 4.7 | ||||||||||||
Including: FOMA services |
365.0 | 390.4 | 25.4 | 7.0 | ||||||||||||
Other revenues |
43.4 | 69.7 | 26.2 | 60.3 | ||||||||||||
Equipment sales |
148.4 | 130.3 | (18.1 | ) | (12.2 | ) | ||||||||||
Total operating revenues |
¥ | 1,111.0 | ¥ | 1,096.6 | ¥ | (14.4 | ) | (1.3 | )% | |||||||
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Nine months ended | Nine months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Wireless services |
¥ | 2,911.1 | ¥ | 2,859.5 | ¥ | (51.6 | ) | (1.8 | )% | |||||||
Cellular services revenues |
2,791.0 | 2,662.7 | (128.3 | ) | (4.6 | ) | ||||||||||
- Voice revenues |
1,665.0 | 1,477.5 | (187.5 | ) | (11.3 | ) | ||||||||||
Including: FOMA services |
1,444.8 | 1,374.9 | (69.9 | ) | (4.8 | ) | ||||||||||
- Packet communications revenues |
1,126.0 | 1,185.2 | 59.2 | 5.3 | ||||||||||||
Including: FOMA services |
1,075.9 | 1,160.3 | 84.4 | 7.8 | ||||||||||||
Other revenues |
120.1 | 196.8 | 76.6 | 63.8 | ||||||||||||
Equipment sales |
467.6 | 382.9 | (84.8 | ) | (18.1 | ) | ||||||||||
Total operating revenues |
¥ | 3,378.8 | ¥ | 3,242.4 | ¥ | (136.4 | ) | (4.0 | )% | |||||||
Note: | Voice revenues include data communications revenues through circuit switching
systems. |
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Three months ended | Three months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Personnel expenses |
¥ | 63.8 | ¥ | 64.7 | ¥ | 0.8 | 1.3 | % | ||||||||
Non-personnel expenses |
534.1 | 540.9 | 6.8 | 1.3 | ||||||||||||
Depreciation and amortization |
233.9 | 173.7 | (60.2 | ) | (25.7 | ) | ||||||||||
Loss on disposal of
property, plant and
equipment and intangible
assets |
16.7 | 11.8 | (4.9 | ) | (29.4 | ) | ||||||||||
Communication network charges |
83.3 | 78.4 | (4.9 | ) | (5.9 | ) | ||||||||||
Taxes and public dues |
9.2 | 9.6 | 0.4 | 3.9 | ||||||||||||
Total operating expenses |
¥ | 941.1 | ¥ | 879.1 | ¥ | (62.0 | ) | (6.6 | )% | |||||||
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Nine months ended | Nine months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Personnel expenses |
¥ | 190.5 | ¥ | 191.5 | ¥ | 1.0 | 0.5 | % | ||||||||
Non-personnel expenses |
1,545.4 | 1,542.8 | (2.6 | ) | (0.2 | ) | ||||||||||
Depreciation and amortization |
582.3 | 511.5 | (70.8 | ) | (12.2 | ) | ||||||||||
Loss on disposal of
property, plant and
equipment and intangible
assets |
35.4 | 30.4 | (5.0 | ) | (14.1 | ) | ||||||||||
Communication network charges |
249.1 | 234.3 | (14.9 | ) | (6.0 | ) | ||||||||||
Taxes and public dues |
29.2 | 29.2 | (0.0 | ) | (0.1 | ) | ||||||||||
Total operating expenses |
¥ | 2,632.0 | ¥ | 2,539.7 | ¥ | (92.3 | ) | (3.5 | )% | |||||||
6
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Thousand subscriptions | ||||||||||||||||
Increase | ||||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Cellular services |
54,155 | 55,436 | 1,281 | 2.4 | % | |||||||||||
Cellular (FOMA) services |
47,494 | 52,045 | 4,551 | 9.6 | ||||||||||||
Including: i-channel services |
16,228 | 16,733 | 505 | 3.1 | ||||||||||||
Including: i-concier services |
296 | 3,101 | 2,805 | 947.8 | ||||||||||||
Including: flat-rate services for
unlimited i-mode usage |
15,751 | 23,078 | 7,328 | 46.5 | ||||||||||||
Cellular (mova) services |
6,661 | 3,391 | (3,270 | ) | (49.1 | ) | ||||||||||
i-mode services |
48,150 | 48,688 | 539 | 1.1 |
Notes: 1. | Number of subscriptions to Cellular services and Cellular (FOMA) services includes
Communication Module services subscriptions. |
2. | Effective March 3, 2008, FOMA services subscription became mandatory for
subscription to 2in1* service. Such FOMA services subscriptions to 2in1 services
are included in the above numbers of Cellular services subscriptions and Cellular
(FOMA) services subscriptions. |
3. | Number of subscriptions to flat-rate services for unlimited i-mode usage =
Pake-hodai double subscriptions + Pake-hodai simple subscriptions + Pake-hodai
subscriptions + Pake-hodai full subscriptions |
4. | Number of i-mode subscriptions = Cellular (FOMA) i-mode subscriptions +
Cellular (mova) i-mode subscriptions |
* | 2in1 refers to an optional network service which enables a subscriber to
subscribe to an additional phone number and an e-mail address for a single compatible
handset. |
7
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Thousand units | ||||||||||||||||
Three months ended | Three months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Cellular services |
4,511 | 4,201 | (310 | ) | (6.9 | )% | ||||||||||
Cellular (FOMA) services |
||||||||||||||||
New FOMA subscription |
921 | 987 | 66 | 7.2 | ||||||||||||
Change of subscription from mova to FOMA |
716 | 450 | (266 | ) | (37.2 | ) | ||||||||||
FOMA handset upgrade by FOMA subscribers |
2,856 | 2,762 | (94 | ) | (3.3 | ) | ||||||||||
Cellular (mova) services |
||||||||||||||||
New mova subscription |
11 | 1 | (10 | ) | (89.1 | ) | ||||||||||
mova handset upgrade by mova
subscribers and change of subscription
from FOMA to mova |
7 | 1 | (6 | ) | (79.2 | ) | ||||||||||
Churn Rate |
0.44 | % | 0.45 | % | 0.01 point | |
Thousand units | ||||||||||||||||
Nine months ended | Nine months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Cellular services |
14,775 | 13,009 | (1,766 | ) | (12.0 | )% | ||||||||||
Cellular (FOMA) services |
||||||||||||||||
New FOMA subscription |
3,077 | 3,044 | (34 | ) | (1.1 | ) | ||||||||||
Change of subscription from mova to FOMA |
2,348 | 1,850 | (498 | ) | (21.2 | ) | ||||||||||
FOMA handset upgrade by FOMA subscribers |
9,258 | 8,101 | (1,157 | ) | (12.5 | ) | ||||||||||
Cellular (mova) services |
||||||||||||||||
New mova subscription |
56 | 9 | (47 | ) | (83.9 | ) | ||||||||||
mova handset upgrade by mova
subscribers and change of subscription
from FOMA to mova |
36 | 6 | (30 | ) | (84.3 | ) | ||||||||||
Churn Rate |
0.49 | % | 0.45 | % | (0.04) point | |
8
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Yen/Minutes | ||||||||||||||||
Three months ended | Three months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Aggregate ARPU* (FOMA+mova) |
¥ | 5,730 | ¥ | 5,470 | ¥ | (260 | ) | (4.5 | )% | |||||||
Voice ARPU |
3,340 | 3,030 | (310 | ) | (9.3 | ) | ||||||||||
Packet ARPU |
2,390 | 2,440 | 50 | 2.1 | ||||||||||||
Aggregate ARPU (FOMA) |
6,000 | 5,600 | (400 | ) | (6.7 | ) | ||||||||||
Voice ARPU |
3,370 | 3,040 | (330 | ) | (9.8 | ) | ||||||||||
Packet ARPU |
2,630 | 2,560 | (70 | ) | (2.7 | ) | ||||||||||
Aggregate ARPU (mova) |
3,730 | 3,460 | (270 | ) | (7.2 | ) | ||||||||||
Voice ARPU |
3,070 | 2,880 | (190 | ) | (6.2 | ) | ||||||||||
i-mode ARPU |
660 | 580 | (80 | ) | (12.1 | ) | ||||||||||
MOU* (FOMA+mova) (minutes) |
139 | 138 | (1 | ) | (0.7 | )% |
Yen/Minutes | ||||||||||||||||
Nine months ended | Nine months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Aggregate ARPU* (FOMA+mova) |
¥ | 5,820 | ¥ | 5,440 | ¥ | (380 | ) | (6.5 | )% | |||||||
Voice ARPU |
3,450 | 3,000 | (450 | ) | (13.0 | ) | ||||||||||
Packet ARPU |
2,370 | 2,440 | 70 | 3.0 | ||||||||||||
Aggregate ARPU (FOMA) |
6,150 | 5,590 | (560 | ) | (9.1 | ) | ||||||||||
Voice ARPU |
3,500 | 3,010 | (490 | ) | (14.0 | ) | ||||||||||
Packet ARPU |
2,650 | 2,580 | (70 | ) | (2.6 | ) | ||||||||||
Aggregate ARPU (mova) |
3,820 | 3,510 | (310 | ) | (8.1 | ) | ||||||||||
Voice ARPU |
3,140 | 2,910 | (230 | ) | (7.3 | ) | ||||||||||
i-mode ARPU |
680 | 600 | (80 | ) | (11.8 | ) | ||||||||||
MOU* (FOMA+mova) (minutes) |
138 | 137 | (1 | ) | (0.7 | )% |
* | See Definition and Calculation Methods of ARPU and MOU on page 20 for details
of definitions and calculation methods of ARPU and MOU. |
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Three months ended | Three months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Operating revenues from mobile phone business |
¥ | 1,095.7 | ¥ | 1,067.0 | ¥ | (28.7 | ) | (2.6 | )% | |||||||
Operating income from mobile phone business |
175.3 | 220.6 | 45.3 | 25.8 |
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Nine months ended | Nine months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Operating revenues from mobile phone business |
¥ | 3,332.2 | ¥ | 3,156.1 | ¥ | (176.1 | ) | (5.3 | )% | |||||||
Operating income from mobile phone business |
762.9 | 710.1 | (52.8 | ) | (6.9 | ) |
9
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Three months ended | Three months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Operating revenues from miscellaneous businesses |
¥ | 15.3 | ¥ | 29.5 | ¥ | 14.3 | 93.5 | % | ||||||||
Operating loss from miscellaneous businesses |
(5.5 | ) | (3.2 | ) | 2.3 | 42.0 |
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Nine months ended | Nine months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Operating revenues from miscellaneous businesses |
¥ | 46.5 | ¥ | 86.3 | ¥ | 39.7 | 85.4 | % | ||||||||
Operating loss from miscellaneous businesses |
(16.1 | ) | (7.5 | ) | 8.7 | 53.7 |
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Three months ended | Three months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Mobile phone business |
¥ | 131.2 | ¥ | 142.0 | ¥ | 10.8 | 8.2 | % | ||||||||
Other (including information systems) |
32.9 | 26.4 | (6.5 | ) | (19.7 | ) | ||||||||||
Total capital expenditures |
¥ | 164.0 | ¥ | 168.4 | ¥ | 4.3 | 2.6 | % | ||||||||
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Nine months ended | Nine months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Mobile phone business |
¥ | 412.7 | ¥ | 399.9 | ¥ | (12.8 | ) | (3.1 | )% | |||||||
Other (including information systems) |
87.8 | 84.6 | (3.2 | ) | (3.6 | ) | ||||||||||
Total capital expenditures |
¥ | 500.5 | ¥ | 484.5 | ¥ | (16.0 | ) | (3.2 | )% | |||||||
10
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Billions of yen | ||||||||||||||||||||
(UNAUDITED) | (UNAUDITED) | Increase | (Reference) | |||||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | March 31, 2009 | |||||||||||||||||
Total assets |
¥ | 6,381.6 | ¥ | 6,494.6 | ¥ | 113.0 | 1.8 | % | ¥ | 6,488.2 | ||||||||||
NTT DoCoMo, Inc. shareholders equity |
4,375.1 | 4,528.2 | 153.1 | 3.5 | 4,341.6 | |||||||||||||||
Liabilities |
2,005.0 | 1,940.3 | (64.7 | ) | (3.2 | ) | 2,144.9 | |||||||||||||
Including: Interest bearing liabilities |
641.8 | 625.0 | (16.8 | ) | (2.6 | ) | 639.2 | |||||||||||||
Equity ratio (1) |
68.6 | % | 69.7 | % | 1.1 point | | 66.9 | % | ||||||||||||
Debt ratio (2) |
12.8 | % | 12.1 | % | (0.7) point | | 12.8 | % |
Notes: | (1) | Equity ratio = NTT DoCoMo, Inc. shareholders equity / Total assets |
||
(2) | Debt ratio = Interest bearing liabilities / (NTT DoCoMo, Inc. shareholders equity + Interest bearing liabilities) |
Billions of yen | ||||||||||||||||
(UNAUDITED) | (UNAUDITED) | |||||||||||||||
Nine months ended | Nine months ended | Increase | ||||||||||||||
December 31, 2008 | December 31, 2009 | (Decrease) | ||||||||||||||
Net cash provided by operating activities |
¥ | 628.1 | ¥ | 592.1 | ¥ | (36.0 | ) | (5.7 | )% | |||||||
Net cash used in investing activities |
(625.0 | ) | (700.4 | ) | (75.4 | ) | (12.1 | ) | ||||||||
Net cash provided by (used in) financing activities |
(145.2 | ) | (246.0 | ) | (100.8 | ) | (69.4 | ) | ||||||||
Free cash flows (1) |
3.2 | (108.3 | ) | (111.5 | ) | | ||||||||||
Free cash flows excluding the effects of irregular
factors (2) and changes in investments for cash
management purposes (3)* |
167.3 | 178.1 | 10.7 | 6.4 |
Notes: | (1) | Free cash flows = Net cash provided by operating activities + Net cash used in
investing activities |
||
(2) | Irregular factors = Effects of uncollected revenues due to bank
closures at the end of the fiscal period. |
|||
(3) | Changes in investments for cash management purposes = Changes by
purchases, redemption at maturity and disposals of financial instruments held for
cash management purposes with original maturities of longer than three months |
* | See Reconciliations of the Disclosed Non-GAAP Financial Measures to the Most
Directly Comparable GAAP Financial Measures on page 21. |
11
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
12
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
1. | Changes in significant subsidiaries for the nine months ended December 31, 2009 (which
resulted in changes in scope of consolidation): None |
2. | Application of accounting which is simplified or exceptional for quarterly consolidated
financial statements: None |
3. | Changes in significant accounting policies, procedures and presentation in quarterly
consolidated financial statements: |
13
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Millions of yen | ||||||||
(UNAUDITED) | ||||||||
March 31, 2009 | December 31, 2009 | |||||||
ASSETS |
||||||||
Current assets: |
||||||||
Cash and cash equivalents |
¥ | 599,548 | ¥ | 245,378 | ||||
Short-term investments |
2,448 | 113,419 | ||||||
Accounts receivable |
835,063 | 988,681 | ||||||
Allowance for doubtful accounts |
(15,072 | ) | (17,445 | ) | ||||
Inventories |
123,206 | 175,117 | ||||||
Deferred tax assets |
102,903 | 74,669 | ||||||
Prepaid expenses and other current assets |
179,632 | 233,396 | ||||||
Total current assets |
1,827,728 | 1,813,215 | ||||||
Property, plant and equipment: |
||||||||
Wireless telecommunications equipment |
5,361,043 | 5,447,880 | ||||||
Buildings and structures |
814,056 | 824,652 | ||||||
Tools, furniture and fixtures |
519,213 | 515,323 | ||||||
Land |
198,985 | 199,032 | ||||||
Construction in progress |
99,232 | 111,033 | ||||||
Accumulated depreciation and amortization |
(4,301,044 | ) | (4,472,793 | ) | ||||
Total property, plant and equipment, net |
2,691,485 | 2,625,127 | ||||||
Non-current investments and other assets: |
||||||||
Investments in affiliates |
572,014 | 567,580 | ||||||
Marketable securities and other investments |
141,544 | 136,549 | ||||||
Intangible assets, net |
578,728 | 609,858 | ||||||
Goodwill |
154,385 | 197,745 | ||||||
Other assets |
273,440 | 263,073 | ||||||
Deferred tax assets |
248,896 | 281,470 | ||||||
Total non-current investments and other assets |
1,969,007 | 2,056,275 | ||||||
Total assets |
¥ | 6,488,220 | ¥ | 6,494,617 | ||||
LIABILITIES AND EQUITY |
||||||||
Current liabilities: |
||||||||
Current portion of long-term debt |
¥ | 29,000 | ¥ | 14,086 | ||||
Short-term borrowings |
| 12 | ||||||
Accounts payable, trade |
668,525 | 554,462 | ||||||
Accrued payroll |
58,627 | 39,276 | ||||||
Accrued interest |
1,187 | 1,245 | ||||||
Accrued income taxes |
238,742 | 96,361 | ||||||
Other current liabilities |
152,354 | 141,754 | ||||||
Total current liabilities |
1,148,435 | 847,196 | ||||||
Long-term liabilities: |
||||||||
Long-term debt (exclusive of current portion) |
610,233 | 610,862 | ||||||
Liability for employees retirement benefits |
146,326 | 154,460 | ||||||
Other long-term liabilities |
239,918 | 327,766 | ||||||
Total long-term liabilities |
996,477 | 1,093,088 | ||||||
Total liabilities |
2,144,912 | 1,940,284 | ||||||
Equity: |
||||||||
NTT DoCoMo, Inc. shareholders equity |
||||||||
Common stock |
949,680 | 949,680 | ||||||
Additional paid-in capital |
785,045 | 784,842 | ||||||
Retained earnings |
3,061,848 | 3,272,395 | ||||||
Accumulated other comprehensive income (loss) |
(65,689 | ) | (69,450 | ) | ||||
Treasury stock, at cost |
(389,299 | ) | (409,299 | ) | ||||
Total NTT DoCoMo, Inc. shareholders equity |
4,341,585 | 4,528,168 | ||||||
Noncontrolling interests |
1,723 | 26,165 | ||||||
Total equity |
4,343,308 | 4,554,333 | ||||||
Total liabilities and equity |
¥ | 6,488,220 | ¥ | 6,494,617 | ||||
14
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Millions of yen | ||||||||
(UNAUDITED) | (UNAUDITED) | |||||||
Nine months ended | Nine months ended | |||||||
December 31, 2008 | December 31, 2009 | |||||||
Operating revenues: |
||||||||
Wireless services |
¥ | 2,911,115 | ¥ | 2,859,472 | ||||
Equipment sales |
467,645 | 382,892 | ||||||
Total operating revenues |
3,378,760 | 3,242,364 | ||||||
Operating expenses: |
||||||||
Cost of services (exclusive of items shown separately below) |
633,082 | 682,777 | ||||||
Cost of equipment sold (exclusive of items shown separately below) |
621,201 | 510,168 | ||||||
Depreciation and amortization |
582,300 | 511,529 | ||||||
Selling, general and administrative |
795,392 | 835,237 | ||||||
Total operating expenses |
2,631,975 | 2,539,711 | ||||||
Operating income |
746,785 | 702,653 | ||||||
Other income (expense): |
||||||||
Interest expense |
(3,566 | ) | (4,108 | ) | ||||
Interest income |
1,673 | 969 | ||||||
Other, net |
(35,499 | ) | 2,173 | |||||
Total other income (expense) |
(37,392 | ) | (966 | ) | ||||
Income before income taxes |
709,393 | 701,687 | ||||||
Income taxes: |
||||||||
Current |
324,721 | 291,393 | ||||||
Deferred |
(45,305 | ) | (7,586 | ) | ||||
Total income taxes |
279,416 | 283,807 | ||||||
Equity in net income (losses) of affiliates, net of applicable taxes |
7,748 | 3,186 | ||||||
Net income |
437,725 | 421,066 | ||||||
Less: Net (income) loss attributable to noncontrolling interests |
(20 | ) | (1,720 | ) | ||||
Net income attributable to NTT DoCoMo, Inc. |
¥ | 437,705 | ¥ | 419,346 | ||||
Net income |
¥ | 437,725 | ¥ | 421,066 | ||||
Other comprehensive income (loss): |
||||||||
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes |
(7,508 | ) | 4,527 | |||||
Change in fair value of derivative instruments, net of applicable taxes |
(212 | ) | (72 | ) | ||||
Foreign currency translation adjustment, net of applicable taxes |
(25,269 | ) | (8,678 | ) | ||||
Pension liability adjustment, net of applicable taxes |
(475 | ) | 446 | |||||
Total other comprehensive income (loss) |
(33,464 | ) | (3,777 | ) | ||||
Comprehensive income |
404,261 | 417,289 | ||||||
Less: Comprehensive (income) loss attributable to noncontrolling interests |
(18 | ) | (1,704 | ) | ||||
Comprehensive income attributable to NTT DoCoMo, Inc. |
¥ | 404,243 | ¥ | 415,585 | ||||
PER SHARE DATA |
||||||||
Weighted average common shares outstanding Basic and Diluted (shares) |
42,341,664 | 41,738,464 | ||||||
Basic and Diluted earnings per share attributable to NTT DoCoMo, Inc. (yen) |
¥ | 10,337.45 | ¥ | 10,046.99 | ||||
15
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Millions of yen | ||||||||
(UNAUDITED) | (UNAUDITED) | |||||||
Three months ended | Three months ended | |||||||
December 31, 2008 | December 31, 2009 | |||||||
Operating revenues: |
||||||||
Wireless services |
¥ | 962,575 | ¥ | 966,207 | ||||
Equipment sales |
148,401 | 130,349 | ||||||
Total operating revenues |
1,110,976 | 1,096,556 | ||||||
Operating expenses: |
||||||||
Cost of services (exclusive of items shown separately below) |
219,350 | 233,160 | ||||||
Cost of equipment sold (exclusive of items shown separately below) |
213,174 | 169,291 | ||||||
Depreciation and amortization |
233,913 | 173,720 | ||||||
Selling, general and administrative |
274,700 | 302,956 | ||||||
Total operating expenses |
941,137 | 879,127 | ||||||
Operating income |
169,839 | 217,429 | ||||||
Other income (expense): |
||||||||
Interest expense |
(1,168 | ) | (1,119 | ) | ||||
Interest income |
628 | 302 | ||||||
Other, net |
(20,062 | ) | 5,194 | |||||
Total other income (expense) |
(20,602 | ) | 4,377 | |||||
Income before income taxes |
149,237 | 221,806 | ||||||
Income taxes: |
||||||||
Current |
90,889 | 80,506 | ||||||
Deferred |
(30,869 | ) | 9,178 | |||||
Total income taxes |
60,020 | 89,684 | ||||||
Equity in net income (losses) of affiliates, net of applicable taxes |
1,827 | 2,894 | ||||||
Net income |
91,044 | 135,016 | ||||||
Less: Net (income) loss attributable to noncontrolling interests |
2 | (388 | ) | |||||
Net income attributable to NTT DoCoMo, Inc. |
¥ | 91,046 | ¥ | 134,628 | ||||
Net income |
¥ | 91,044 | ¥ | 135,016 | ||||
Other comprehensive income (loss): |
||||||||
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes |
(1,563 | ) | (9,555 | ) | ||||
Change in fair value of derivative instruments, net of applicable taxes |
(53 | ) | (37 | ) | ||||
Foreign currency translation adjustment, net of applicable taxes |
(8,596 | ) | (20,369 | ) | ||||
Pension liability adjustment, net of applicable taxes |
(113 | ) | 150 | |||||
Total other comprehensive income (loss) |
(10,325 | ) | (29,811 | ) | ||||
Comprehensive income |
80,719 | 105,205 | ||||||
Less: Comprehensive (income) loss attributable to noncontrolling interests |
2 | (358 | ) | |||||
Comprehensive income attributable to NTT DoCoMo, Inc. |
¥ | 80,721 | ¥ | 104,847 | ||||
PER SHARE DATA |
||||||||
Weighted average common shares outstanding Basic and Diluted (shares) |
42,212,938 | 41,696,009 | ||||||
Basic and Diluted earnings per share attributable to NTT DoCoMo, Inc. (yen) |
¥ | 2,156.83 | ¥ | 3,228.80 | ||||
16
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Millions of yen | ||||||||
(UNAUDITED) | (UNAUDITED) | |||||||
Nine months ended | Nine months ended | |||||||
December 31, 2008 | December 31, 2009 | |||||||
Cash flows from operating activities: |
||||||||
Net income |
¥ | 437,725 | ¥ | 421,066 | ||||
Adjustments to reconcile net income to net cash provided by operating activities- |
||||||||
Depreciation and amortization |
582,300 | 511,529 | ||||||
Deferred taxes |
(40,578 | ) | (5,335 | ) | ||||
Loss on sale or disposal of property, plant and equipment |
24,667 | 20,386 | ||||||
Impairment loss on marketable securities and other investments |
28,648 | 3,960 | ||||||
Equity in net (income) losses of affiliates |
(13,009 | ) | (5,150 | ) | ||||
Changes in assets and liabilities: |
||||||||
(Increase) / decrease in accounts receivable |
(301,659 | ) | (151,584 | ) | ||||
Increase / (decrease) in allowance for doubtful accounts |
(1,408 | ) | 2,062 | |||||
(Increase) / decrease in inventories |
(20,963 | ) | (51,135 | ) | ||||
(Increase) / decrease in prepaid expenses and other current assets |
(18,307 | ) | (28,321 | ) | ||||
(Increase) / decrease in non-current installment receivable for handsets |
(51,091 | ) | 5,212 | |||||
Increase / (decrease) in accounts payable, trade |
(31,163 | ) | (63,170 | ) | ||||
Increase / (decrease) in accrued income taxes |
(31,350 | ) | (143,278 | ) | ||||
Increase / (decrease) in other current liabilities |
(6,440 | ) | (13,857 | ) | ||||
Increase / (decrease) in liability for employees retirement benefits |
6,845 | 8,002 | ||||||
Increase / (decrease) in other long-term liabilities |
51,969 | 85,617 | ||||||
Other, net |
11,941 | (3,908 | ) | |||||
Net cash provided by operating activities |
628,127 | 592,096 | ||||||
Cash flows from investing activities: |
||||||||
Purchases of property, plant and equipment |
(415,247 | ) | (369,476 | ) | ||||
Purchases of intangible and other assets |
(176,659 | ) | (183,670 | ) | ||||
Purchases of non-current investments |
(50,212 | ) | (9,617 | ) | ||||
Proceeds from sale of non-current investments |
568 | 9,262 | ||||||
Acquisitions of subsidiaries, net of cash acquired |
27 | (29,209 | ) | |||||
Purchases of short-term investments |
(30,736 | ) | (136,656 | ) | ||||
Redemption of short-term investments |
4,593 | 38,310 | ||||||
Proceeds from redemption of long-term bailment for consumption to a related party |
50,000 | | ||||||
Short-term bailment for consumption to a related party |
| (10,000 | ) | |||||
Other, net |
(7,297 | ) | (9,335 | ) | ||||
Net cash used in investing activities |
(624,963 | ) | (700,391 | ) | ||||
Cash flows from financing activities: |
||||||||
Proceeds from long-term debt |
179,913 | | ||||||
Repayment of long-term debt |
(77,441 | ) | (15,000 | ) | ||||
Proceeds from short-term borrowings |
62,074 | 138,149 | ||||||
Repayment of short-term borrowings |
(1,958 | ) | (138,149 | ) | ||||
Principal payments under capital lease obligations |
(2,098 | ) | (2,461 | ) | ||||
Payments to acquire treasury stock |
(101,846 | ) | (20,000 | ) | ||||
Dividends paid |
(203,839 | ) | (208,488 | ) | ||||
Other, net |
(3 | ) | (3 | ) | ||||
Net cash provided by (used in) financing activities |
(145,198 | ) | (245,952 | ) | ||||
Effect of exchange rate changes on cash and cash equivalents |
(3,740 | ) | 77 | |||||
Net increase (decrease) in cash and cash equivalents |
(145,774 | ) | (354,170 | ) | ||||
Cash and cash equivalents at beginning of period |
646,905 | 599,548 | ||||||
Cash and cash equivalents at end of period |
¥ | 501,131 | ¥ | 245,378 | ||||
Supplemental disclosures of cash flow information: |
||||||||
Cash received during the period for: |
||||||||
Income taxes |
¥ | 21,430 | ¥ | 679 | ||||
Cash paid during the period for: |
||||||||
Interest, net of amount capitalized |
3,035 | 4,050 | ||||||
Income taxes |
380,352 | 436,076 | ||||||
17
DOCOMO Earnings Release | Nine Months Ended December 31, 2009 |
Three months ended | Millions of yen | |||||||||||
December 31, 2008 | Mobile phone business | Miscellaneous businesses | Consolidated | |||||||||
Operating revenues |
¥ | 1,095,723 | ¥ | 15,253 | ¥ | 1,110,976 | ||||||
Operating expenses |
920,388 | 20,749 | 941,137 | |||||||||
Operating income (loss) |
¥ | 175,335 | ¥ | (5,496 | ) | ¥ | 169,839 | |||||
Three months ended | Millions of yen | |||||||||||
December 31, 2009 | Mobile phone business | Miscellaneous businesses | Consolidated | |||||||||
Operating revenues |
¥ | 1,067,046 | ¥ | 29,510 | ¥ | 1,096,556 | ||||||
Operating expenses |
846,429 | 32,698 | 879,127 | |||||||||
Operating income (loss) |
¥ | 220,617 | ¥ | (3,188 | ) | ¥ | 217,429 | |||||
Nine months ended | Millions of yen | |||||||||||
December 31, 2008 | Mobile phone business | Miscellaneous businesses | Consolidated | |||||||||
Operating revenues |
¥ | 3,332,214 | ¥ | 46,546 | ¥ | 3,378,760 | ||||||
Operating expenses |
2,569,306 | 62,669 | 2,631,975 | |||||||||
Operating income (loss) |
¥ | 762,908 | ¥ | (16,123 | ) | ¥ | 746,785 | |||||
Nine months ended | Millions of yen | |||||||||||
December 31, 2009 | Mobile phone business | Miscellaneous businesses | Consolidated | |||||||||
Operating revenues |
¥ | 3,156,079 | ¥ | 86,285 | ¥ | 3,242,364 | ||||||
Operating expenses |
2,445,959 | 93,752 | 2,539,711 | |||||||||
Operating income (loss) |
¥ | 710,120 | ¥ | (7,467 | ) | ¥ | 702,653 | |||||
18
Fiscal Year | [Ref.] | |||||||||||||||||||||||||||
[Ref.] | Ending Mar. 2010 | Fiscal Year | ||||||||||||||||||||||||||
Fiscal Year | Nine Months | First Quarter | Second Quarter | Third Quarter | Ending Mar. 31, 2010 | |||||||||||||||||||||||
Ended Mar. 31, 2009 | (Apr.-Dec. 2009) | (Apr.-Jun. 2009) | (Jul.-Sep. 2009) | (Oct.-Dec. 2009) | Full-year Forecast | |||||||||||||||||||||||
Full-year Results | Results | Results | Results | Results | (Revised) | |||||||||||||||||||||||
Cellular |
||||||||||||||||||||||||||||
Subscriptions |
thousands | 54,601 | 55,436 | 54,864 | 55,186 | 55,436 | 55,800 | |||||||||||||||||||||
FOMA (1) |
thousands | 49,040 | 52,045 | 50,246 | 51,258 | 52,045 | 53,030 | |||||||||||||||||||||
Communication Module Service (FOMA) |
thousands | 858 | 996 | 897 | 952 | 996 | | |||||||||||||||||||||
mova |
thousands | 5,560 | 3,391 | 4,618 | 3,928 | 3,391 | 2,770 | |||||||||||||||||||||
Communication Module Service (DoPa) |
thousands | 669 | 558 | 621 | 585 | 558 | | |||||||||||||||||||||
Prepaid |
thousands | 38 | 37 | 38 | 37 | 37 | | |||||||||||||||||||||
Market Share (2) (3) |
% | 50.8 | 50.1 | 50.6 | 50.3 | 50.1 | | |||||||||||||||||||||
Net Increase from Previous Period (3) |
thousands | 1,213 | 835 | 263 | 322 | 250 | 1,200 | |||||||||||||||||||||
FOMA (1) |
thousands | 5,091 | 3,005 | 1,206 | 1,012 | 787 | 3,990 | |||||||||||||||||||||
mova |
thousands | (3,878 | ) | (2,169 | ) | (942 | ) | (690 | ) | (537 | ) | (2,790 | ) | |||||||||||||||
Churn Rate (3) |
% | 0.50 | 0.45 | 0.44 | 0.46 | 0.45 | | |||||||||||||||||||||
Number of Handsets (FOMA+mova) Sold (4) |
thousands | 20,129 | 13,009 | 4,344 | 4,464 | 4,201 | | |||||||||||||||||||||
Aggregate ARPU (FOMA+mova) (5) |
yen/month/subscription | 5,710 | 5,440 | 5,440 | 5,420 | 5,470 | 5,300 | |||||||||||||||||||||
Voice ARPU (6) |
yen/month/subscription | 3,330 | 3,000 | 3,010 | 2,970 | 3,030 | 2,840 | |||||||||||||||||||||
Packet ARPU |
yen/month/subscription | 2,380 | 2,440 | 2,430 | 2,450 | 2,440 | 2,460 | |||||||||||||||||||||
i-mode ARPU |
yen/month/subscription | 2,340 | 2,380 | 2,380 | 2,390 | 2,370 | 2,390 | |||||||||||||||||||||
ARPU Generated from International Services (7) |
yen/month/subscription | 80 | 80 | 70 | 80 | 80 | 80 | |||||||||||||||||||||
ARPU Generated Purely from i-mode (FOMA+mova) (5) |
yen/month/subscription | 2,550 | 2,620 | 2,610 | 2,630 | 2,610 | 2,630 | |||||||||||||||||||||
Aggregate ARPU (FOMA) (5) |
yen/month/subscription | 6,010 | 5,590 | 5,610 | 5,560 | 5,600 | 5,420 | |||||||||||||||||||||
Voice ARPU (6) |
yen/month/subscription | 3,360 | 3,010 | 3,010 | 2,970 | 3,040 | 2,840 | |||||||||||||||||||||
Packet ARPU |
yen/month/subscription | 2,650 | 2,580 | 2,600 | 2,590 | 2,560 | 2,580 | |||||||||||||||||||||
i-mode ARPU |
yen/month/subscription | 2,590 | 2,510 | 2,540 | 2,520 | 2,480 | 2,510 | |||||||||||||||||||||
ARPU Generated from International Services (7) |
yen/month/subscription | 90 | 80 | 80 | 90 | 80 | 80 | |||||||||||||||||||||
ARPU Generated Purely from i-mode (FOMA) (5) |
yen/month/subscription | 2,760 | 2,720 | 2,740 | 2,730 | 2,700 | 2,730 | |||||||||||||||||||||
Aggregate ARPU (mova) (5) |
yen/month/subscription | 3,750 | 3,510 | 3,550 | 3,500 | 3,460 | 3,440 | |||||||||||||||||||||
Voice ARPU (6) |
yen/month/subscription | 3,090 | 2,910 | 2,940 | 2,890 | 2,880 | 2,850 | |||||||||||||||||||||
i-mode ARPU |
yen/month/subscription | 660 | 600 | 610 | 610 | 580 | 590 | |||||||||||||||||||||
ARPU Generated from International Services (7) |
yen/month/subscription | 10 | 0 | 0 | 10 | 0 | 10 | |||||||||||||||||||||
ARPU Generated Purely from i-mode (mova) (5) |
yen/month/subscription | 870 | 830 | 840 | 830 | 810 | 810 | |||||||||||||||||||||
MOU (FOMA+mova) (5) |
minute/month/subscription | 137 | 137 | 135 | 137 | 138 | | |||||||||||||||||||||
MOU (FOMA) (5) |
minute/month/subscription | 148 | 143 | 143 | 143 | 144 | | |||||||||||||||||||||
MOU (mova) (5) |
minute/month/subscription | 63 | 52 | 54 | 52 | 51 | | |||||||||||||||||||||
i-mode |
||||||||||||||||||||||||||||
Subscriptions |
thousands | 48,474 | 48,688 | 48,597 | 48,670 | 48,688 | 48,900 | |||||||||||||||||||||
FOMA |
thousands | 44,853 | 46,667 | 45,682 | 46,261 | 46,667 | 47,310 | |||||||||||||||||||||
i-mode Subscription Rate (3) |
% | 88.8 | 87.8 | 88.6 | 88.2 | 87.8 | 87.6 | |||||||||||||||||||||
Net Increase from Previous Period |
thousands | 481 | 214 | 123 | 73 | 19 | 430 | |||||||||||||||||||||
i-mode Packet Flat-rate Services Subscriptions (8) |
thousands | 17,610 | 23,078 | 19,578 | 21,519 | 23,078 | | |||||||||||||||||||||
i-channel Subscriptions |
thousands | 16,545 | 16,733 | 16,607 | 16,692 | 16,733 | | |||||||||||||||||||||
i-concier Subscriptions |
thousands | 929 | 3,101 | 1,558 | 2,337 | 3,101 | | |||||||||||||||||||||
Others |
||||||||||||||||||||||||||||
DCMX Subscriptions (9) |
thousands | 8,980 | 10,730 | 9,630 | 10,210 | 10,730 | 11,460 |
* | Please refer to the appendix 2 for the definition of ARPU and MOU, and an explanation of the
methods used to calculate ARPU and the number of active subscriptions. |
|
(1) | From March 3, 2008 onward, another FOMA subscription is a prerequisite for the application of
2in1 in principle, and those FOMA subscriptions are included in the number of FOMA subscribers. |
|
(2) | Source for other cellular telecommunications operators: Data announced by Telecommunications
Carriers Association |
|
(3) | Data are calculated including communication module services subscriptions. |
|
(4) | Sum of new FOMA/mova subscriptions, change of subscription from mova to FOMA, FOMA handset
upgrade by FOMA subscribers, mova handset upgrade by mova subscribers, and change of subscription
from FOMA to mova |
|
(5) | Data are calculated excluding communication module services-related revenues and communication
module services subscriptions. |
|
(6) | Inclusive of circuit-switched data communication |
|
(7) | Inclusive of voice communication and packet communication |
|
(8) | Sum of Pake-hodai double subscriptions, Pake-hodai simple subscriptions, Pake-hodai
subscriptions and Pake-hodai full subscriptions |
|
(9) | Inclusive of DCMX mini subscriptions |
19
1. | Definition of ARPU and MOU |
i) | ARPU (Average monthly Revenue Per Unit)1: |
||
Average monthly revenue per unit, or ARPU, is used to measure average monthly operating revenues
attributable to designated services on a per subscription basis. ARPU is calculated by dividing
various revenue items included in operating revenues from our wireless services, such as basic
monthly charges, voice communication charges and packet communication charges, from designated
services which are incurred consistently each month, by the number of active subscriptions to
the relevant services. Accordingly, the calculation of ARPU excludes revenues that are not
representative of monthly average usage such as activation fees. We believe that our ARPU
figures provide useful information to analyze the average usage per subscription and the impacts
of changes in our billing arrangements. The revenue items included in the numerators of our ARPU
figures are based on our U.S. GAAP results of operations. This definition applies to all ARPU
figures hereinafter. |
|||
ii) | MOU (Minutes of Use): Average monthly communication time per subscription. |
2. | ARPU Calculation Methods |
i) | ARPU (FOMA+mova) |
| Aggregate ARPU (FOMA+mova) = Voice ARPU (FOMA+mova) + Packet ARPU (FOMA+mova) |
||
| Voice ARPU (FOMA+mova): Voice ARPU (FOMA+mova) Related Revenues (basic monthly charges,
voice communication charges) / No. of active subscriptions (FOMA+mova) |
||
| Packet ARPU (FOMA+mova): {Packet ARPU (FOMA) Related Revenues (basic monthly charges,
packet communication charges) + i-mode ARPU (mova) Related Revenues (basic monthly charges,
packet communication charges)}/ No. of active subscriptions (FOMA+mova) |
||
| i-mode ARPU (FOMA+mova)2: i-mode ARPU (FOMA+mova) Related Revenues (basic
monthly charges, packet communication charges) / No. of active subscriptions (FOMA+mova) |
||
| ARPU generated purely from i-mode (FOMA+mova)3: i-mode ARPU (FOMA+mova)
Related Revenues (basic monthly charges, packet communication charges) / No. of active
subscriptions (i-mode (FOMA+mova)) |
ii) | ARPU (FOMA) |
| Aggregate ARPU (FOMA) = Voice ARPU (FOMA) + Packet ARPU (FOMA) |
||
| Voice ARPU (FOMA): Voice ARPU (FOMA) Related Revenues (basic monthly charges, voice
communication charges) / No. of active subscriptions (FOMA) |
||
| Packet ARPU (FOMA): Packet ARPU (FOMA) Related Revenues (basic monthly charges, packet
communication charges) / No. of active subscriptions (FOMA) |
||
| i-mode ARPU (FOMA)2: i-mode ARPU (FOMA) Related Revenues (basic monthly
charges, packet communication charges) / No. of active subscriptions (FOMA) |
||
| ARPU generated purely from i-mode (FOMA)3: i-mode ARPU (FOMA) Related
Revenues (basic monthly charges, packet communication charges) / No. of active
subscriptions (i-mode (FOMA)) |
iii) | ARPU (mova) |
| Aggregate ARPU (mova) = Voice ARPU (mova) + i-mode ARPU (mova) |
||
| Voice ARPU (mova): Voice ARPU (mova) Related Revenues (basic monthly charges, voice
communication charges) / No. of active subscriptions (mova) |
||
| i-mode ARPU (mova)2: i-mode ARPU (mova) Related Revenues (basic monthly
charges, packet communication charges) / No. of active subscriptions (mova) |
||
| ARPU generated purely from i-mode (mova)3: i-mode ARPU (mova) Related
Revenues (basic monthly charges, packet communication charges) / No. of active
subscriptions (i-mode (mova)) |
3. | Active Subscriptions Calculation Methods |
1 | Communication module services subscriptions and the revenues thereof are not included in the
ARPU and MOU calculations. |
|
2 | The denominator used in calculating i-mode ARPU (FOMA+mova, FOMA, mova) is the aggregate
number of subscriptions to each service (FOMA+mova, FOMA, mova, respectively), regardless of
whether i-mode service is activated or not. |
|
3 | ARPU generated purely from i-mode (FOMA+mova, FOMA, mova) is calculated using only the number
of i-mode subscriptions as a denominator. |
20
Billions of yen | ||||||||||||||||
Year ended | Nine months ended | Three months ended | Nine months ended | |||||||||||||
March 31, 2009 | December 31, 2008 | December 31, 2009 | December 31, 2009 | |||||||||||||
a. EBITDA |
¥ | 1,678.4 | ¥ | 1,353.8 | ¥ | 398.6 | ¥ | 1,234.6 | ||||||||
Depreciation and amortization |
(804.2 | ) | (582.3 | ) | (173.7 | ) | (511.5 | ) | ||||||||
Loss on sale or disposal of property, plant and equipment |
(43.3 | ) | (24.7 | ) | (7.4 | ) | (20.4 | ) | ||||||||
Operating income |
831.0 | 746.8 | 217.4 | 702.7 | ||||||||||||
Other income (expense) |
(50.5 | ) | (37.4 | ) | 4.4 | (1.0 | ) | |||||||||
Income taxes |
(308.4 | ) | (279.4 | ) | (89.7 | ) | (283.8 | ) | ||||||||
Equity in net income (losses) of affiliates |
(0.7 | ) | 7.7 | 2.9 | 3.2 | |||||||||||
Less: Net (income) loss attributable to noncontrolling interests |
0.5 | (0.0 | ) | (0.4 | ) | (1.7 | ) | |||||||||
b. Net income attributable to NTT DoCoMo, Inc. |
471.9 | 437.7 | 134.6 | 419.3 | ||||||||||||
c. Operating revenues |
4,448.0 | 3,378.8 | 1,096.6 | 3,242.4 | ||||||||||||
EBITDA margin (=a/c) |
37.7 | % | 40.1 | % | 36.3 | % | 38.1 | % | ||||||||
Net income margin (=b/c) |
10.6 | % | 13.0 | % | 12.3 | % | 12.9 | % | ||||||||
Note: | EBITDA and EBITDA margin, as we use them, are different from EBITDA as used in Item 10(e) of regulation S-K and may not be comparable to similarly titled measures used by other companies. |
Billions of yen | ||||||||||||||||
Year ended | Nine months ended | Three months ended | Nine months ended | |||||||||||||
March 31, 2009 | December 31, 2008 | December 31, 2009 | December 31, 2009 | |||||||||||||
a. Operating income |
¥ | 831.0 | ¥ | 746.8 | ¥ | 217.4 | ¥ | 702.7 | ||||||||
b. Operating income after tax effect {=a*(1-effective tax rate)} |
491.9 | 441.4 | 128.7 | 416.0 | ||||||||||||
c. Capital employed |
4,867.9 | 4,885.9 | 5,164.9 | 5,067.0 | ||||||||||||
ROCE before tax effect (=a/c) |
17.1 | % | 15.3 | % | 4.2 | % | 13.9 | % | ||||||||
ROCE after tax effect (=b/c) |
10.1 | % | 9.0 | % | 2.5 | % | 8.2 | % | ||||||||
Notes: | The effective tax rate is 40.9% for the nine months ended December 31, 2008 and 40.8% for the other periods. |
|
Capital employed (for annual period) = The average of (NTT DoCoMo, Inc. shareholders equity + Interest bearing liabilities), each as of March 31, 2008 and 2009 |
||
Capital employed (for nine months) = The average of (NTT DoCoMo, Inc. shareholders equity + Interest bearing liabilities), each as of March 31, 2008 (or 2009) and December 31, 2008 (or 2009) |
||
Capital employed (for three months) = The average of (NTT DoCoMo, Inc. shareholders equity + Interest bearing liabilities), each as of September 30, 2009 and December 31, 2009 |
||
Interest bearing liabilities = Current portion of long-term debt + Short-term borrowings + Long-term debt |
Billions of yen | ||||||||||||||||
Year ended | Nine months ended | Three months ended | Nine months ended | |||||||||||||
March 31, 2009 | December 31, 2008 | December 31, 2009 | December 31, 2009 | |||||||||||||
Free cash flows excluding irregular factors and changes in investments for cash management purposes |
¥ | 93.4 | ¥ | 167.3 | ¥ | 83.6 | ¥ | 178.1 | ||||||||
Irregular factors (1) |
| (188.0 | ) | (178.0 | ) | (178.0 | ) | |||||||||
Changes in investments for cash management purposes (2) |
49.3 | 23.9 | (81.3 | ) | (108.3 | ) | ||||||||||
Free cash flows |
142.7 | 3.2 | (175.7 | ) | (108.3 | ) | ||||||||||
Net cash used in investing activities |
(1,031.0 | ) | (625.0 | ) | (259.3 | ) | (700.4 | ) | ||||||||
Net cash provided by operating activities |
1,173.7 | 628.1 | 83.6 | 592.1 | ||||||||||||
Notes: | (1) | Irregular factors represent the effects of uncollected revenues due to a bank closure at the end of the fiscal period. |
|
(2) | Changes in investments for cash management purposes were derived from purchases, redemption at maturity and disposals of financial instruments held for cash management purposes
with original maturities of longer than three months. |
21
1. | Changes in the business environment in the telecommunications industry, such as intensifying
competition from other service providers or other technologies caused by Mobile Number
Portability, new market entrants and other factors, could limit our acquisition of new
subscriptions and retention of existing subscriptions, or may lead to diminishing ARPU or an
increase in our costs and expenses. |
2. | Current and new services, usage patterns, and sales schemes introduced by our corporate group
may not develop as planned, which could affect our financial condition and limit our growth. |
3. | The introduction or change of various laws or regulations or the application of such laws and
regulations to our corporate group could restrict our business operations, which may adversely
affect our financial condition and results of operations. |
4. | Limitations in the amount of frequency spectrum or facilities made available to us could
negatively affect our ability to maintain and improve our service quality and level of
customer satisfaction. |
5. | The W-CDMA technology that we use for our 3G system and/or mobile multimedia services may not
be introduced by other overseas operators, which could limit our ability to offer
international services to our subscribers. |
6. | Our domestic and international investments, alliances and collaborations may not produce the
returns or provide the opportunities we expect. |
7. | As electronic payment capability and many other new features are built into our cellular
phones, and services of parties other than those belonging to our corporate group are provided
through our cellular handsets, potential problems resulting from malfunctions, defects or loss
of handsets, or imperfection of services provided by such other parties may arise, which could
have an adverse effect on our financial condition and results of operations. |
8. | Social problems that could be caused by misuse or misunderstanding of our products and
services may adversely affect our credibility or corporate image. |
9. | Inadequate handling of confidential business information including personal information by
our corporate group, contractors and other factors, may adversely affect our credibility or
corporate image. |
10. | Owners of intellectual property rights that are essential for our business execution may not
grant us the right to license or otherwise use such intellectual property rights on acceptable
terms or at all, which may limit our ability to offer certain technologies, products and/or
services, and we may also be held liable for damage compensation if we infringe the
intellectual property rights of others. |
11. | Earthquakes, power shortages, malfunctioning of equipment, software bugs, computer viruses,
cyber attacks, hacking, unauthorized access and other problems could cause systems failures in
the networks required for the provision of service, disrupting our ability to offer services
to our subscribers and may adversely affect our credibility or corporate image. |
12. | Concerns about wireless telecommunication health risks may adversely affect our financial
condition and results of operations. |
13. | Our parent company, NIPPON TELEGRAPH AND TELEPHONE CORPORATION (NTT), could exercise
influence that may not be in the interests of our other shareholders. |
* | Names of companies, products, etc., contained in this release are the trademarks or registered
trademarks of their respective organizations. |
22
Copyright (C) 2010 NTT DOCOMO, INC. All rights reserved.^^^^ NTT DOCOMO, INC. RESULTS FOR THE NINE MONTHS OF THE FISCAL YEAR ENDING MAR. 31, 2010 January 29, 2010 |
Forward-Looking Statements This presentation contains forward-looking statements such as forecasts of results of operations, management strategies, objectives and plans, forecasts of operational data such as the expected number of subscriptions, and the expected dividend payments. All forward-looking statements that are not historical facts are based on management's current plans, expectations, assumptions and estimates based on the information currently available. Some of the projected numbers in this presentation were derived using certain assumptions that are indispensable for making such projections in addition to historical facts. These forward-looking statements are subject to various known and unknown risks, uncertainties and other factors that could cause our actual results to differ materially from those contained in or suggested by any forward-looking statement. Potential risks and uncertainties include, without limitation, the following: 1. Changes in the business environment in the telecommunications industry, such as intensifying competition from other service providers or other technologies caused by Mobile Number Portability, new market entrants and other factors, could limit our acquisition of new subscriptions and retention of existing subscriptions, or may lead to diminishing ARPU or an increase in our costs and expenses. 2. Current and new services, usage patterns, and sales schemes introduced by our corporate group may not develop as planned, which could affect our financial condition and limit our growth. 3. The introduction or change of various laws or regulations or the application of such laws and regulations to our corporate group could restrict our business operations, which may adversely affect our financial condition and results of operations. 4. Limitations in the amount of frequency spectrum or facilities made available to us could negatively affect our ability to maintain and improve our service quality and level of customer satisfaction. 5. The W-CDMA technology that we use for our 3G system and/or mobile multimedia services may not be introduced by other overseas operators, which could limit our ability to offer international services to our subscribers. 6. Our domestic and international investments, alliances and collaborations may not produce the returns or provide the opportunities we expect. 7. As electronic payment capability and many other new features are built into our cellular phones, and services of parties other than those belonging to our corporate group are provided through our cellular handsets, potential problems resulting from malfunctions, defects or loss of handsets, or imperfection of services provided by such other parties may arise, which could have an adverse effect on our financial condition and results of operations. 8. Social problems that could be caused by misuse or misunderstanding of our products and services may adversely affect our credibility or corporate image. 9. Inadequate handling of confidential business information including personal information by our corporate group, contractors and other factors, may adversely affect our credibility or corporate image. 10.Owners of intellectual property rights that are essential for our business execution may not grant us the right to license or otherwise use such intellectual property rights on acceptable terms or at all, which may limit our ability to offer certain technologies, products and/or services, and we may also be held liable for damage compensation if we infringe the intellectual property rights of others. 11.Earthquakes, power shortages, malfunctioning of equipment, software bugs, computer viruses, cyber attacks, hacking, unauthorized access and other problems could cause systems failures in the networks required for the provision of service, disrupting our ability to offer services to our subscribers and may adversely affect our credibility or corporate image. 12.Concerns about wireless telecommunication health risks may adversely affect our financial condition and results of operations. 13.Our parent company, NIPPON TELEGRAPH AND TELEPHONE CORPORATION (NTT), could exercise influence that may not be in the interests of our other shareholders. |
US GAAP 2008/4-12 (1Q-3Q) (1) 2009/4-12 (1Q-3Q)(2) Changes (1) ^ (2) 2010/3 (full-year forecast) (3) (Announced 10/30/2009) Progress to forecast (2) / (3) Operating Revenues (Billions of yen) Operating Revenues (Billions of yen) 3,378.8 3,242.4 -4.0% 4,276.0 75.8% Cellular Services Revenues (Billions of yen) 2,791.0 2,662.7 -4.6% 3,461.0 76.9% Operating Expenses (Billions of yen) Operating Expenses (Billions of yen) 2,632.0 2,539.7 -3.5% 3,446.0 73.7% Operating Income (Billions of yen) Operating Income (Billions of yen) 746.8 702.7 -5.9% 830.0 84.7% Income Before Income Taxes (Billions of yen) Income Before Income Taxes (Billions of yen) 709.4 701.7 -1.1% 825.0 85.1% Net Income attributable to NTT DOCOMO, INC. (Billions of yen) Net Income attributable to NTT DOCOMO, INC. (Billions of yen) 437.7 419.3 -4.2% 493.0 85.1% EBITDA Margin (%) * EBITDA Margin (%) * 40.1 38.1 -2.0 points 36.6 - Adjusted Free Cash Flow (Billions of yen) * Adjusted Free Cash Flow (Billions of yen) * 167.3 178.1 +10.7 360.0 49.5% ^Consolidated financial statements in this document are unaudited. ^Adjusted free cash flow excludes the effects uncollected revenues due to bank holidays at the end of the period and changes in investment derived from purchases, redemption at maturity and disposals of financial instruments held for cash management purposes with original maturities of longer than three months. * For an explanation of the calculation processes for these numbers, please see the reconciliations to the most directly comparable financial measures calculated and presented in accordance with GAAP on Slide 38 and the IR page of our website, www.nttdocomo.co.jp. FY2009/1Q-3Q (cumulative) Financial Results |
FY2009/1-3Q (cumulative) Results Highlights (1) *1: Sum of communication network charges, depreciation and amortization, and loss on disposal of property, plant and equipment *2: Equipment sales revenues net of cost of equipment sold and distributor commissions Cellular services revenues ^ Voice revenues declined due to expanded uptake of "Value Plan", etc., but packet revenues continued to post steadfast growth Cost reduction to cope with decline in aggregate ARPU ^ Profitability of equipment sales-related business*2 improved as a result of widespread adoption of new handset purchase methods ^ Reduced network-related costs*1 by improving efficiency of capital expenditures, etc. Other factors affecting results ^Customer satisfaction improvement initiatives: "Mobile Phone Protection & Delivery" service, etc. ^Increase in no. of consolidated subsidiaries: Oak Lawn Marketing, Inc., etc. Increase in revenues & expenses |
FY2009/1-3Q (cumulative) Results Highlights (2) FY2008/1-3Q (cumulative) FY2009/1-3Q (cumulative) Operating income \746.8 billion Operating income \702.7 billion Down \44.1 billion (5.9%) year-on-year Operating revenues: Down \136.4 billion Operating expenses: Down \92.3 billion Decrease in cost of equipment sold*1: Down \ 99.6 billion Decrease in voice revenues: Down \187.5 billion *1: Sum of cost of equipment sold and distributor commissions *2: Sum of communication network charges, depreciation and amortization, and loss on disposal of property, plant and equipment (2) Cost reduction to cope with decline in aggregate ARPU Key factors behind YOY changes in operating income Decrease in equipment sales revenues: Down \84.8 billion Decrease in network-related costs*2: Down \90.6 billion Increase in other revenues: Up \76.6 billion (3) Other factors behind YOY changes (1) Increase in packet revenues: Up \59.2 billion Increase in other expenses: Up \98.0 billion |
Analysis-1: Packet Revenues Growth Key factors behind YOY changes in packet revenues Impact of users' migration from "Pake- hodai", "Packet Pack", etc. to "Pake- hodai double", and downward revision of minimum monthly rate*: Impact of revision of monthly i-mode usage charge: Impact of subscriber growth and increased packet usage, etc.: Increase resulting from expanded uptake of smartphones/ PC-based mobile data communication devices: Down approx. \20.0 billion Up approx. \60.0 billion ^ Achieved an increase in packet revenues, our No. 1 priority, of \59.2 billion year-on-year by ^growing the packet usage of mobile phone users and expanding PC-based mobile data ^access services, etc.,^making up for the negative revenue impact resulting from subscribers' ^migration to "Pake-hodai double" service introduced in 2008 Up approx. \10.0 billion Up approx. \10.0 billion Revenue growth due to increased packet usage, etc : Approx. \70.0 billion Packet revenues Up \59.2 billion (5.3%) * Impact estimated internally based on users' usage status at the time of introduction of new billing rates. |
Continue cost-cutting efforts in FY09/4Q Analysis-2: Cost Reduction to Cope With Decline in Aggregate ARPU Decline in cellular services revenues: Down \128.3 billion Reduction of network-related costs*1: Up \90.6 billion Improved profitability of equipment sales-related business*2: Up \14.9 billion *1: Sum of communication network charges, depreciation/amortization, loss on disposal of property, plant and equipment *2: Equipment sales revenues net of cost of equipment sold and distributor commissions ^ Managed business with a focus on minimizing negative revenue impact by offsetting a large portion of the decline in cellular services revenues through reduction of network-related costs and improving profitability of equipment sales- related business |
Analysis-3: Other YOY Changes "Mobile Phone Protection & Delivery" service Independent business by subsidiaries Handset repair-related costs Both revenues and expenses grew by approx. \30.0 billion year-on-year (Impact on income: negligible) Due to expanded uptake, Revenues grew by approx. \35.0 billion and expenses increased by approx. \30.0 billion year-on-year Due to inclusion of Oak Lawn Marketing, Inc. in our consolidated accounts: (Impact on income: Up approx. \7.0 billion year-on-year) Repair-related costs grew by approx. \20.0 billion year-on-year Due to increase in no. of handsets submitted for repair resulting from extended average usage period: |
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q(forecast) ^^^^ 2965 2805 1698 842 2518 2334 2174 296.5 280.5 169.8 251.8 84.2 FY2008 Operating income: \831.0 billion FY2009 Operating Income forecast: \830.0 billion (Billions of yen) ^ Achieved an operating income growth in line with forecast of 28.0% year-on-year in FY2009/3Q (Oct.-Dec. 2009) ^ Steadfast progress toward achievement of full-year income target Impact of income-boosting effect of new handset purchase methods Accelerated depreciation of mova-related assets, etc. ^FY2008 Irregular factors^ 300 0 233.4 217.4 Changes in Operating Income (FY2008/FY2009) FY2009/3Q (Oct.-Dec. 2009): Up 28.0% year-on-year |
07/9 07/12 08/3 08/6 08/9 08/12 09/3 09/6 09/9 09/12 10/3(^^) ^^ 1122 1756 22.09 25.86 28.46 30.43 32.72 34.25 34.75 34.61 3555 ^^ 4173 3559 3130 2777 2548 ^^^ 0.21 0.33 0.41 0.48 0.53 0.562 0.599 0.624 0.6296 0.6245 07/12 08/3 08/6 08/9 08/12 09/3 09/6 09/9 09/12 ^^^ 159 5.29 8.89 12.96 16.483 20.82 23.99 27.029 29.66 ?^^ 0.94 0.978 0.968 0.923 0.952 0.98 0.972 0.974 0.98 New Discount Services*1 New Purchase Methods ^ "Value Plan" subscriptions & "Value Course" selection rate*2 ^ No. of subscriptions *1: "Fami-wari MAX 50", "Hitoridemo Discount 50" and "Office-wari MAX 50" *2: Percentage of users who chose "Value Course" among total users who purchased a handset using new purchase methods (Million subs.) (Subscription rate) :"Value Course" selection rate (left axis) :No. of "Value Plan" subs (right axis) (Million subs.) (Selection rate) :Subscription rate (left axis) :No. of subscriptions (right axis) FY2007 FY2008 FY2009 FY2007 FY2008 FY2009 New Business Model "Value Plan" subscriptions: Topped 30.00 million (As of Jan. 10, 2010) |
Cellular(FOMA+mova)ARPU 05/4-6(1Q) 7-9(2Q) 10-12(3Q) 06/1-3(4Q) 06/4-6(1Q) 7-9(2Q) 10-12(3Q) 07/1-3(4Q) 4-6(1Q) 7-9(2Q) 10-12(3Q) 08/1-3(4Q) 4-6(1Q) 7-9(2Q) 10-12(3Q) 09/1-3(4Q) 4-6(1Q) 7-9(2Q) 10-12(3Q) 10/3 (full-year forecast) Packet ARPU 1820 1880 1880 1940 1970 1980 2010 2080 2120 2210 2200 2270 2330 2410 2390 2420 2430 2450 2440 2460 Voice ARPU 5120 5170 5040 4780 4930 4740 4660 4450 4440 4340 4090 3780 3560 3450 3340 2970 3010 2970 3030 2840 YOY changes in packet ARPU (%) 8.2 5.3 6.9 7.2 7.6 11.6 9.5 9.1 9.9 9.0 8.6 6.6 4.3 1.7 2.1 3.4 (Incl.) Int'l services ARPU 30 40 40 40 50 50 50 60 60 70 70 80 80 90 80 70 70 80 80 80 (Incl.) i-mode ARPU 1,810 1,870 1,860 1,920 1,950 1,960 1,990 2,060 2,090 2,180 2,170 2,230 2,290 2,360 2,350 2,370 2,380 2390 3270 2,390 (Yen) ^ For an explanation of ARPU, please see Slide 37 of this document, "Definition and Calculation Methods of MOU and ARPU". 6,560 6,550 6,290 ^ Aggregate ARPU for FY2009/1-3Q (cumulative) was \5,440 (down 6.5% year-on-year) ^Packet ARPU was \2,440 (up 3.0% year-on-year) ^ Voice ARPU for FY2009/1-3Q (cumulative) was positively affected (up \40) as a result of a review on "Nikagetsu Kurikoshi" (two-month carry over) allowances 6,050 2,120 2,210 2,200 2,270 2,330 2,410 2,390 2,420 5,890 5,860 5,730 5,390 5,440 2,430 2,450 2,460 5,300 5,420 Full-year aggregate ARPU: \6,360 (Down 5.1% year-on-year) Voice: \4,160 (down 11.3%) Packet: \2,200 (up 9.5%) Full-year aggregate ARPU: \5,710 (Down 10.2% year-on-year) Voice: \3,330 (down 20.0%) Packet: \2,380 (up 8.2%) FY08/1-3Q (cumulative) Aggregate ARPU: \5,820 (Down 10.0% year-on-year) Voice: \3,450 (down 19.6%) Packet: \2,370 (up 8.7%) FY07/1-3Q (cumulative) Aggregate ARPU: \6,470 (Down 4.3% year-on-year) Voice: \4,290 (down 10.3%) Packet: \2,180 (up 10.1%) FY09/1-3Q (cumulative) Aggregate ARPU: \5,440 (Down 6.5% year-on-year) Voice: \3,000 (down 13.0%) Packet: \2,440 (up 3.0%) 5,470 2,440 (Announced Oct. 30, 2009) |
^ Churn rate for FY2009/1Q-3Q (cumulative) was 0.45% 03/4-6(1Q) 7-9(2Q) 10-12(3Q) 04/1-3(4Q) 04/4-6(1Q) 7-9(2Q) 10-12(3Q) 05/1-3(4Q) 05/4-6(1Q) 7-9(2Q) 10-12(3Q) 06/1-3(4Q) 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q ?^^ 1.17 1.19 1.11 1.36 1.06 1.08 0.95 0.96 0.8 0.81 0.72 0.75 0.64 0.6 0.93 0.97 0.85 0.94 0.74 0.68 0.51 0.52 0.44 0.52 0.44 0.46 0.45 (%) FY07 Full-year churn rate: 0.80% 0.52% 0.51% 0.44% FY08 Full-year churn rate: 0.50% 0.52% 0.45% FY09/1Q-3Q (cumulative) churn rate: 0.45% 0.44% Churn Rate ^ Cellular (FOMA+mova) Churn Rate New discount services (Aug. 07) New handset purchase method (Nov. 07) FY2007 FY2008 FY2009 0.46% |
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q ^^ 9.89 11.55 11.98 12.33 10.6 11.45 13.29 14.55 12.1 13.31 12.56 13.58 9.6 10.23 8.86 10.67 8.86 9.32 ^^^ 5.58 6.32 6.64 6.48 5.7 6.12 6.86 7.36 6.24 6.56 6.52 6.42 4.947 5.318 4.511 5.353 4.343 4.489 4.02 ^Total no. of handsets sold in FY2009/1Q-3Q(cumulative): 13.01 million units (Down 12.0% year-on-year) FY2007 FY2008 6.56 FY2009 5.32 Full year : 25.74 mil units 1Q-3Q(cumulative) : 19.32 mil units Full year (forecast): 18.20 mil units ^^1Q-3Q(cumulative):13.01 mil units Full year : 20.13 mil units 1Q-3Q(cumulative) : 14.78 mil units Total Handset Sales (Million units) : Total handsets sold (DOCOMO + au +SOFTBANK) : Total handsets sold (DOCOMO) ^ Calculated based on financial results materials of each company ^ Handsets sold by TU-KA and EMOBILE are not included 4.46 6.24 6.52 6.42 4.95 4.51 5.35 4.34 4.20 |
06/10 11 12 07/1 2 3 4 5 6 7 8 9 10 11 12 08/1 2 3 4 5 6 7 8 9 10 11 12 09/1 2 3 4 5 6 7 8 9 10 11 12 MNP+- -73228 -163929 -109300 -98489 -74164 -110667 -89357 -58275 -63397 -82668 -90193 -77701 -70460 -58058 -61515 -61403 -66371 -136960 -59228 -58262 -38576 -51074 -43673 -26102 -13339 -1100 1200 2480 -7053 -39060 -19333 -20007 -10465 -11183 -9847 -40953 -23320 -27658 -18862 ^ DOCOMO's market share of net additions for FY2009/1Q-3Q(cumulative): 26.7% 05/4-6(1Q) 7-9(2Q) 10-12(3Q) 06/1-3(4Q) 06/4-6(1Q) 7-9(2Q) 10-12(3Q) 07/1-3(4Q) 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q Softbank -7 2 12 6 3 7 17 23 39.76 47.89 47.1 44.22 56.88 44 37 38.1 32.3 31.5 35.6 KDDI 51 52 44 46 48 47 73 54 38.95 39.73 28.35 35.65 -3.7 12.4 9.9 17.6 15.3 20.7 16.3 DoCoMo 56 45 44 48 49 46 10 23 16.78 7.51 17.53 10.78 26.09 26 22 26.8 26.3 28.2 25.4 EMOBILE 4.5 4.86 7.02 9.35 20.74 17.6 31.1 17.5 26.2 19.7 22.7 KDDI 51 52 44 46 48 47 73 54 41 Softbank -7 2 12 6 3 7 17 23 42 SoftBank au EMOBILE docomo FY07 net adds share : 12.8% FY08 net adds share : 25.5% FY09/1Q-3Q(cumulative) net adds share :26.7% FY2007 FY2008 FY2009 (10,000 subs) (%) Market Share of Net Additions/MNP ^ Market Share of Net Additions ^ Monthly Net Acquisitions/Losses of MNP Subscribers FY2009 FY2008 FY2007 FY2006 General decline in no. of MNP outflows 10 12 6 3 9 12 6 3 9 12 6 3 9 12 |
07/6 07/9 07/12 08/3 08/6 08/9 08/12 09/3 09/6 09/9 09/12 10/3(forecast) FOMA 37.854 40.0426 42.0775 43.9493 45.199 46.44 47.49 49.0403 50.246 51.258 52.05 52.98 mova 14.991 12.8991 11.073 9.4384 8.428 7.49 6.66 5.5604 4.618 3.928 3.39 2.78 mova 55.80 53.03 (95.0%) 49.04 (89.8%) 54.60 53.39 43.95 (82.3%) 9.44 5.56 2.77 52.94 53.94 12.90 7.49 40.04 (75.6%) 46.44 (86.1%) 51.26 (92.9%) 3.93 55.19 Numbers in parentheses indicate the percentage of FOMA subscriptions to total cellular subscriptions (Million subs.) ^Inclusive of Communication Module Services subscriptions FY2007 FY2008 FY2009 Subscriber Migration to FOMA ^ No. of subscribers who have migrated to FOMA in FY2009/1Q-3Q: 1.85 million 55.44 3.39 52.05 (93.9%) 54.86 54.16 53.63 53.15 52.85 4.62 6.66 8.43 11.07 14.99 50.25 (91.6%) 47.49 (87.7%) 45.20 (84.3%) 42.08 (79.2%) 37.85 (71.6%) |
Principal Actions and Results Copyright (C) 2010 NTT DOCOMO, INC. All rights reserved.^^^^ |
^ For heavy users: ^^^^ Offer rich variety of attractive content ^ For medium/light users: ^^^^ Expand user base of packet flat-rate services ^^^^ Further improve "ease of use" ^^^^ Enrich portfolio of everyday life-oriented content ^^^^ Sell service with a focus on "boosting usage" ^ Prepare environment (e.g., content, billing plans, etc.) for expanding user base ^ Appeal DOCOMO's strengths: wide coverage, high data speeds i-mode PC-based data access Smartphone Expansion of Packet Usage |
09/6 09/9 09/12 BeeTV^^^ 44 77 86 Expansion of video usage Over 70% 0.44 0.77 (Million subs) New joint venture with DeNA Combine strengths of two companies To launch UGC* site for mobile phones in FY2010/1H (planned) User base Billing system Extensive know-how in operating UGC sites for broad user segments from youth to the elderly System/service development capability New joint venture 0.86 ^ "BeeTV" service ^ Lead users to video content with less no. of clicks ^ Video usage has been growing steadily. Plan to devise new ways (e.g., easier methods to for users to reach desired content, etc.) to further expand video usage ^ Established a new joint venture with DeNA Co. Ltd. with the aim of expanding packet usage of medium users * UGC: User Generated Content. i.e., content created by general users such as novels distributed over the Internet to mobile phones Percentage of subs who have joined paid service after free trial period: ^ Expansion of i-mode Packet Usage -Heavy/Medium Users Load video on top page Promotion |
"Boost usage" ^^^^^ Face-to-face recommendation Expansion of i-mode Packet Usage -Medium/Light Users (1) Improved ease of use & convenience Everyday life-oriented content Create scheme for support Encourage subscription to "Pake-hodai double" ^ Expand user base Basic strategy ^ Encourage subscription to "Pake-hodai double" to create an environment for users to try out content services ^ Then, implement various measures primarily in the area of "improved ease of use & convenience" and "everyday life-oriented content" |
Everyday life-oriented content Delivery of garbage collection day info. Compatible with "i-concier" Video shop guide Jump to video shop guide page Community-oriented content Hobby/practical info. Delivery of store bargain info. Today is the collection day of recyclable garbage (1/29 06:00) No. of participating stores: Over 20,000 PUSH delivery of flyers/bargain info. ^^ supermarket Expansion of i-mode Packet Usage -Medium/Light Users (2) No. of participating stores: Over 7,000 |
Expansion of i-mode Packet Usage -Medium/Light Users (3) Deliver free "Deco-mail" animation materials through mail magazine Boost video usage through "i-channel" For users who find it cumbersome to fetch "Deco-mail" animation materials from network Improved ease of use & convenience New concept menu screen Trigger use of i-mode through mail Easy-to-read screen Practical content PUSH delivery Simple language Intuitive operation Shorten routes to reach desired site (Ex: For middle-aged and older) (Ex: For middle-aged and older) Effective for face-to-face recommendation Play with Deco-mail! |
05/3 05/6 05/9 05/12 06/3 06/6 06/9 06/12 07/3 07/6 07/9 07/12 08/3 08/6 08/9 08/12 09/3 09/06 09/09 09/12 10/3(?^^) ^^^^^^ 267.6689 327.0285 388.2829 444.9122 559.0038 691.949 782 856 956 1046 1126.6566 1194.5439 1274 1340 1395 1575 1760.9526 1958 2152 2307.8 2580 ^^^ 0.233 0.239 0.232 0.221 0.2382 0.263648809 0.2687 0.2666 28 Enrichment of i-mode Packet Flat-Rate Services *1: Inclusive of "Pake-hodai full", "Pake-hodai double" and "Pake-hodai simple". *2: Pake-hodai subscription rate= No. of Pake-hodai subscriptions/Total FOMA i-mode subscriptions. *3: Sum of basic monthly charge (\780) for subscribing to Mail Tsukai-hodai Type Simple (Value) plan together with "Fami-wari MAX 50", "Hitoridemo Discount 50" or other discount plans and monthly i-mode usage charge (\315). Use of mail service outside Japan or via mova connections based on "Dual Network Service" are not included covered by the flat-rate package. *4: Inclusive of "Pake-hodai simple". *5: For use at selected access points offering downlink speeds of up to 128kbps. Separate contract with service provider required. "Pake-hodai"* subscriptions*1 17.61 (million subs) 09/6 ^^ 13.40 08/12 15.75 09/3 19.58 13.95 08/9 08/6 10/3 (forecast) 09/9 ^^ 21.52 25.80 FY09 "Pake-hodai" subscription rate target: 55% "Mail Tsukai-hodai" service ("Pake-hodai simple") (Launched Dec. 1, 2009) (Launched Dec. 1, 2009) ^ Unlimited domestic i-mode mail for a fixed monthly fee of \1,095*3 ^ Allows users to use other packet services without concerns about their phone bills with the addition of "Pake-hodai simple" services, which starts from a minimum monthly rate of \0. Wireless LAN Connection cable Portable game console FOMA BTS FOMA data access Downlink: Up to 128kbps Uplink: Up to 64kbps 09/1 2 ^^ 23.08 Addition of a new menu for data access via external devices to "Pake-hodai double*4" service "Pake-hodai" subscription rate*2 49% (As of Dec. 31, 2009) Initial target (47%) was achieved ahead of plan (Sept. 2009) ^^Newly set a higher target ^ Initial "Pake-hodai" subscription rate target for FY09 (47% by Mar. 31, 2010) was achieved in September 2009. After setting a higher target (55%), no. of flat-rate subscriptions grew steadily as a result of active subscriber acquisition efforts ^ Allows unlimited access via portable game consoles and other external devices for a maximum monthly rate of \5,985*5 |
PC Data Communications ^ Strategically strengthened sales viewing PC data communications market as a growth market ^ Achieved favorable growth both in number and market share of devices sold 08/6 08/9 08/12 09/3 09/06 09/09 09/12 ^?^^^^^^^^^ 36.1723 37.359 38.4471 37.8151 38.4154 39.1283 39.737 ^?^^^^^^^^^ 8.2 9.8 11.9 15.6 19.6 28.1574 40.3056 09/6 ^^ 08/12 09/3 08/9 08/6 09/9 ^^ Affordable prices/Reduced provider fee, etc. ^ Two-tier flat-rate data package (\1,000-\5,985/month*2) ^ "mopera U U Flat-Rate HIGH-SPEED" plan ^^^^^^^^^^^^^^^^Lowered monthly rate from \840^\525 *1: Total no. of subscriptions to usage-based data plans, "Flat-Rate Data Plan Standard" and "Flat-Rate Data Plan 64K" (including "Value" plans) *2: Rates applicable to users joining "Flat-Rate Data Plan Standard Value" together with "Flat-Rate Data Standard-Wari Discount". (1,000 subs) 200 400 600 :Usage-based data plans : Flat-rate data plans 4-6(1Q) 7-9(2Q) 10-12(3Q) 1-3(4Q) 4-6(1Q) 7-9(2Q) 10-12(3Q) ^^^^^^?^^ 4.1 4.5 5.1 6.4 7.6163 11.6509 15.3446 08/6 08/9 08/12 09/3 09/6 09/9 50 150 (1,000 units) 670 580 530 500 470 440 80 100 120 160 200 280 Enriched variety of data access devices Aggressive advertisement ^ TV commercials (Revised Nov. 1, 2009) 09/12 09/12 Awarded No. 1 customer satisfaction rating in "15th mobile phone "personal use" survey 2009- overall satisfaction rating" by Nikkei BP Consulting. < PC with built-in module> As of Jan. 2009: 10 models from 4 manufacturers As of Jan. 2010: 20 models from 5 manufacturers ^ HSUPA-enabled ^ ExpressCard (Released Nov. 11, 2009) <L-07A> 800 400 100 (Manufacturer brand) PC data communication devices sales Data plan*1 subscriptions Sales reinforcement actions (Launched Jul, 1, 2009) |
Smartphone ^ Aim to broaden the sphere of smartphone market through the introduction of state-of-the-art devices and improvement of billing plans and content/application usage environment Actions undertaken Future plans ^ Various handset Platforms ^ More affordable and easy-to-use billing plans BlackBer ry Bold HT-03A T-01A Products Improvement of usage environment ^ docomo Smartphone XperiaTM ^ Enrichment of packet flat-rate plans Integrate "Biz-hodai double" with "Pake-hodai double" Expand application of "Mail Tsukai-hodai" (former "Biz-hodai simple") ^ "docomo market" (Planned for launch in April 2010) (To start application from Apr. 1, 2010) Top page icon Easy access to attractive content/apps even for beginners Content recommendation DOCOMO original content Downward revision of "Biz-hodai double" flat-rate charge (From Aug. 1, 2009) (no. of packets) Monthly rate (Conceptual) Brand-new entertainment experience New style photo communication High-spec features ^ Xperia is a trademark or registered trademark of Sony Ericsson Mobile Communications AB. To go on sale in April 2010 (planned) |
Service Personalization - i-concier - "i-concier" ^ No. of content sites ^ No. of subscriptions (Million subs) 1 2 08/12 09/3 09/06 09/09 09/12 10/3 i^^^^^ 30 93 156 233.7 310.074 387 09/6 ^^ 08/12 09/3 09/9 ^^ 1.56 0.93 0.30 3 08/12 09/3 09/6 09/9 09/12 ^^^^^^ 191 244 332 423 493 ^)^^^^^^ ^)^^^ ^)^^^^^^^^^ ^)^^^^^ 200 400 600 08/12 09/3 09/6 09/9 191 244 332 423 2.34 Introduction of auto-GPS (Launched November 2009) (content sites) 10/3 (forecast)^^ 3.90 Delivery of new type of behavior support service You have arrived near the area you set with the "Auto GPS reminder" service. "The TV feature..." Auto GPS information Auto GPS reminder Last train alert Local "machi-chara" passport Auto GPS weather/earthquake info 3.10 09/1 2^^ 493 09/12 Expansion of local content ^ Kanagawa Shimbun newspaper (Ex). Extra editions, information on events/festivals held in Kanagawa Pref. (Launched Dec. 1, 2009) Aim to further enrich local content ^ No. of "i-concier" subscriptions topped 3.10 million as a result of active promotion upon sale of handset ^ Launched more advanced behavior support services with the introduction of auto-GPS feature ^ Steadily increased no. of "i-concier" content, adding variety of local content |
Social Support -Environment/Ecology Business- Bicycle sharing Environment sensor network business ^ Joint promotion of bike-sharing service with Docon Co., Ltd. ^ Launched commercial service using environment sensor network, and achieved steadfast progress ^ Capital investment in Weather Service Inc. to utilize pollen data analysis technology in business ^ Bicycle sharing business: In preparation for verification trial Make reservation Pay, use and return Locate current position & make reservation. Receive Felica key Authentication/key unlock based on Felica. Navigation to destination Reservation of drop-off spot. Locking at destination Reservation, payment and behavior support with a single handset Unlock Navigate Lock Preparation in progress to start verification trial in Sapporo in June 2010 Started trial operation (Dec. 21, 2009) Commercial service launched (Jan. 20, 2010) ^ Develop and provide pollen data analysis technology Plan to expand to 2,500 locations in FY2010, and eventually to 9,000 locations nationwide Pollen UV ray Temper- ature Thunder- shower CO2 sensor Base station To FOMA Network Capital alliance with Weather Service Inc. (Investment made on Jan. 6, 2010) |
Converged Services ^ Launched "MyArea", Japan's first Femto BTS-based home area service ^ Started sales of "Photo Panel 02" at shops on Jan. 15, 2010, toward full-fledged sales expansion "MyArea" "Otayori Photo" Private FOMA area in home Aim to acquire 1.00 million subs (cumulative) by FY2012 Constant access to (((high-speed communication))) ^ Launched a new value-added service, "MyArea" wireless coverage, to realize dedicated use of bandwidth and offer information service leveraging in/out of home area data Dedicated use of bandwidth In/out of home area info. Exclusive content for "MyArea" Compatible with long-form video "Imasuka" function Informs family member's departure from/return to home via e-mail Possible to check family members' presence/absence status from outside Message can be stored and delivered upon return to home High- performance Femto BTS ^ Started sales of new wireless photo frame "Photo Panel 02" ^ Added new feature to "Otayori Photo" service (Launched Nov. 18, 2009) (Sales via web site started on Dec. 22, 2009) Shop sales commenced on Jan. 15, 2010 Full-scale sales expansion to acquire more subscriptions Photo Panel 02 (Launched Dec. 22, 2009) Photo delivery Transmit reservation Delivery confirmation |
08/11 08/12 09/1 09/2 09/3 09/4 09/5 09/6 09/7 09/8 09/9 09/10 09/11 09/12 ^^^^^^??^^^ 0.314649 0.997636 1.816648 2.627094 3.883635 4.909111 5.615218 6.600177 7.695902 8.70751 9.580699 10.41 11.26 12.54 STYLE PRIME SMART PRO 60 28 9 3 Handset Lineup ^ Brisk sales reported after releasing 2009 winter/spring model handsets, which offer various "advancements" in design, functionality and services, etc. ^ Cumulative sales of new handset series topped 13.00 million (Million units) * Cumulative no. of units sold after release of 2008 winder models Topped 13.00 million* (As of Jan. 11, 2010) ^ Cumulative sales of new handset series ^ Sales breakdown by series (Oct.-Dec. 2009 cumulative) |
08/11 12 09/1 2 3 4 5 6 7 8 9 10 11 12 ^^^ 0.85 0.75 1.03 1.08 1.25 0.61 0.76 0.62 2.17 3.42 4.01 3.87 3.33 3.336 ^^^^^ 0.0825 0.0691 0.0667 0.08 0.0783 0.0508 0.0656 0.0519 0.157 0.227 0.267 0.232 0.189 0.1751 Establish and strengthen foundation for overseas platform business Acquired no. 1 share of net adds in India from Aug. to Dec. 2009 Global Expansion ^ TTSL/TTML steadily increased no. of net adds, acquiring No. 1 net adds share in India for 5 straight months ^ Launched mobile "manga" comics delivery service as a new value-added service (million subs) *1: Number of subscribers, net additions and market share are the total of GSM and CDMA services offered by TTSL/TTML. (Source: TRAI) *2: Converted into Japanese yen based on exchange rate of EUR 1 =\130.21 (Launched Jan. 8, 2009) (Announced Dec. 3, 2009) Service areas^ Value-added services 14 circles (out of India's total 22 circles) Launched mobile comics delivery service TTSL/TTML (India) ^ No. of net additions*1 ^ GSM roll-out status (Brand name: TATA DOCOMO) Total subscriptions: Over 57.00 million Market share: Topped 10%*1 (As of Dec. 31, 2009) (Launched Jun. 24, 2009) Launched "i-channel" service (As of Jan. 2010) Completion of TOB for net mobile AG (Germany) Operation of platform for distributing and billing mobile content, etc. Acquired 79.59% (approx. 6.00 million shares) of total issued share of net mobile for approx. EUR 39.00 million (approx. \5.0 billion*2) TOB Outcome Business |
Names of companies, products, etc., contained in this document are the trademarks or registered trademarks of their respective organizations |
Appendices Copyright (C) 2010 NTT DOCOMO, INC. All rights reserved.^^^^ |
US GAAP 2008/4-12(1Q~3Q) 2009/4-12(1Q~3Q) 2010/3(full year forecast) Cellular services revenues (voice, packet) 2791 2662.7 3461 PHS^^ - Other revenues 120.1 196.8 274 Equipment sales revenues 467.6 382.9 541 4,276.0 Operating Revenues (Billions of yen) (Billions of yen) ^ "International services revenues" are included in "Cellular services revenues (voice, packet)". 3,242.4 -4.0% 3,378.8 (Announced 10/30/2009) |
US GAAP 2008/4-12(1Q~3Q) 2009/4-12(1Q~3Q) 2010/3(full year forecast) (Incl.) Other non-personnel expenses 564.1 617.8 877.0 (Incl.)Revenue-linked expenses* 981.3 925.0 1,226.0 Non-personnel expenses 1545.4 1542.8 2103 Communication network charges 249.1 234.3 295 Loss on disposal of property, plant and equipment and intangible assets 35.4 30.4 46 Depreciation and amortization 582.3 511.5 703 Taxes and public duties 29.2 29.2 39 Personnel expenses 190.5 191.5 260 3,446.0 Operating Expenses (Billions of yen) (Billions of yen) *Revenue-linked expenses: Cost of equipment sold + distributor commissions + cost of docomo point services (Announced 10/30/2009) 2,539.7 -3.5% 2,632.0 |
2008/4-12(1Q~3Q) 2009/4-12(1Q~3Q) 2010/3(full year forecast) Mobile phone business (Other) 59 61.9 99 Mobile phone business (mova) 7.4 5.4 7 Mobile phone business (FOMA) 346.3 332.7 442 PHS^^ Other (information systems, etc.) 87.8 84.6 142 690.0 Capital Expenditures (Billions of yen) (Billions of yen) (Announced 10/30/2009) 484.5 -3.2% 500.5 |
^ 2008/4-12 (1Q~3Q) (1) 2009/4-12 (1Q~3Q) (2) Changes (1) ^(2) 2010/3 (full year forecast) Announced 10/30/2009 Cellular Phone No. of Subscriptions (1,000)* No. of Subscriptions (1,000)* No. of Subscriptions (1,000)* No. of Subscriptions (1,000)* No. of Subscriptions (1,000)* 54,155 55,436 +2.4% 55,800 Cellular Phone mova mova mova mova 6,661 3,391 -49.1% 2,770 Cellular Phone FOMA FOMA FOMA FOMA 47,494 52,045 +9.6% 53,030 Cellular Phone i-mode i-mode i-mode i-mode 48,150 48,688 +1.1% 48,900 Cellular Phone Communication Module Service Communication Module Service Communication Module Service Communication Module Service 1,536 1,554 +1.2% 1,590 Cellular Phone Market share(%) Market share(%) Market share(%) Market share(%) Market share(%) 51.2 50.1 -1.1 points - Cellular Phone Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) Total handsets sold Total handsets sold Total handsets sold 14,775 13,009 -12.0% - Cellular Phone Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) Mova New New 56 9 -83.9% - Cellular Phone Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) Mova Replacement Replacement 36 6 -84.3% - Cellular Phone Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) FOMA New New 3,077 3,044 -1.1% - Cellular Phone Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) FOMA Migration from mova Migration from mova 2,348 1,850 -21.2% - Cellular Phone Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) Handsets sold (1,000) (including handsets sold without involving sales by DOCOMO) FOMA Other** Other** 9,258 8,101 -12.5% - Cellular Phone Churn rate (%) Churn rate (%) Churn rate (%) Churn rate (%) Churn rate (%) 0.49 0.45 -0.04 points - Cellular Phone ARPU(FOMA+mova)(yen)*** ARPU(FOMA+mova)(yen)*** ARPU(FOMA+mova)(yen)*** ARPU(FOMA+mova)(yen)*** ARPU(FOMA+mova)(yen)*** 5,820 5,440 -6.5% 5,300 Cellular Phone MOU(FOMA+mova)(minutes)*** MOU(FOMA+mova)(minutes)*** MOU(FOMA+mova)(minutes)*** MOU(FOMA+mova)(minutes)*** MOU(FOMA+mova)(minutes)*** 138 137 -0.7% - Operational Results and Forecasts *Communication Module Service subscriptions are included in the number of cellular phone subscriptions in order to align the calculation method of subscriptions with that of other cellular phone carriers. (Market share, the number of handsets sold and churn rate are calculated inclusive of Communication Module Service subscriptions.) **Other includes purchases of additional handsets by existing FOMA subscribers. ***For an explanation of MOU and ARPU, please see Slide 37 of this document, "Definition and Calculation Methods of MOU and ARPU". |
US GAAP 2008/10-12 (3Q) (1) 2009/10-12 (3Q) (2) Changes (1) ^(2) Operating Revenues (Billions of yen) Operating Revenues (Billions of yen) 1,111.0 1,096.6 -1.3% Cellular Services Revenues (Billions of yen) 919.1 896.6 -2.5% Operating Expenses (Billions of yen) Operating Expenses (Billions of yen) 941.1 879.1 -6.6% Operating Income (Billions of yen) Operating Income (Billions of yen) 169.8 217.4 +28.0% Income Before Income Taxes (Billions of yen) Income Before Income Taxes (Billions of yen) 149.2 221.8 +48.6% Net Income attributable to NTT DOCOMO, INC. (Billions of yen) Net Income attributable to NTT DOCOMO, INC. (Billions of yen) 91.0 134.6 +47.9% EBITDA Margin (%) * EBITDA Margin (%) * 37.4 36.3 -1.1 points Adjusted Free Cash Flow (Billions of yen) ** Adjusted Free Cash Flow (Billions of yen) ** 231.9 83.6 -63.9% FY2009/3Q (Oct.-Dec. 2009) Financial Results ^Consolidated financial statements in this document are unaudited. ^Adjusted free cash flow excludes the effects uncollected revenues due to bank holidays at the end of the period and changes in investment derived from purchases, redemption at maturity and disposals of financial instruments held for cash management purposes with original maturities of longer than three months. * For an explanation of the calculation processes for these numbers, please see the reconciliations to the most directly comparable financial measures calculated and presented in accordance with GAAP on Slide 38 and the IR page of our website, www.nttdocomo.co.jp. |
04/4-6(1Q) 7-9(2Q) 10-12(3Q) 05/1-3(4Q) 05/4-6(1Q) 7-9(2Q) 10-12(3Q) 06/1-3(4Q) 06/4-6(1Q) 7-9(2Q) 10-12(3Q) 07/1-3(4Q) 07/4-6(1Q) 7-9(2Q) 10-12(3Q) 08/1-3(4Q) 08/4-6(1Q) 7-9(2Q) 10-12(3Q) 09/1-3(4Q) 09/4-6(1Q) 7-9(2Q) 10-12(3Q) MOU (left axis) 152 155 153 145 149 152 151 146 145 146 146 139 140 140 139 135 137 138 139 133 135 137 138 YOY changes in MOU (right axis) -6.2 -3.7 -4.4 -5.8 -2 -1.9 -1.3 0.7 -2.7 -3.9 -3.3 -4.8 -3.4 -4.1 -4.8 -2.9 -2.1 -1.4 0 -1.5 -1.5 -0.7 -0.7 ^ FY2009/1-3Q (cumulative) MOU: 137 minutes (down 0.7% year-on-year) (%) (minutes) FY07 full-year MOU: 138 minutes (Down 4.2% year-on-year) FY07/1-3Q (cumulative) MOU: 140 minutes (Down 4.1% YOY) Cellular (FOMA+mova) MOU FY08/1-3Q (cumulative) MOU: 138 minutes (Down 1.4% YOY) FY09/1-3Q (cumulative) MOU: 137 minutes (Down 0.7% YOY) FY08 full-year MOU: 137 minutes (Down 0.7% year-on-year) ^ For an explanation of MOU, please see Slide 37 of this document, "Definition and Calculation Methods of MOU and ARPU". |
Definition and Calculation Methods of MOU and ARPU ^ MOU (Minutes of Use): Average monthly communication time per subscription. ^ ARPU (Average monthly Revenue Per Unit): Average monthly revenue per unit, or ARPU, is used to measure average monthly operating revenues attributable to designated services on a per subscription basis. ARPU is calculated by dividing various revenue items included in operating revenues from our wireless services, such as basic monthly charges, voice communication charges and packet communication charges, from designated services which are incurred consistently each month, by the number of active subscriptions to the relevant services. Accordingly, the calculation of ARPU excludes revenues that are not representative of monthly average usage such as activation fees. We believe that our ARPU figures provide useful information to analyze the average usage per subscription and the impacts of changes in our billing arrangements. The revenue items included in the numerators of our ARPU figures are based on our U.S. GAAP results of operations. ^ Aggregate ARPU (FOMA+mova): Voice ARPU (FOMA+mova) + Packet ARPU (FOMA+mova) ^^^ Voice ARPU (FOMA+mova): Voice ARPU (FOMA+mova) Related Revenues (basic monthly charges, voice communication charges) / No. of active subscriptions (FOMA+mova) ^^^ Packet ARPU (FOMA+mova): {Packet ARPU (FOMA) Related Revenues (basic monthly charges, packet communication charges) + i-mode ARPU (mova) Related Revenues (basic monthly charges, packet communication charges)} / No. of active subscriptions (FOMA+mova) ^ i-mode ARPU (FOMA+mova): i-mode ARPU (FOMA+mova) Related Revenues (basic monthly charges, packet communication charges) / No. of active subscriptions (i-mode (FOMA+mova)) ^ Aggregate ARPU (FOMA): Voice ARPU (FOMA) + Packet ARPU (FOMA) ^^^ Voice ARPU (FOMA): Voice ARPU (FOMA) Related Revenues (basic monthly charges, voice communication charges) / No. of active subscriptions (FOMA) ^^^ Packet ARPU (FOMA): Packet ARPU (FOMA) Related Revenues (basic monthly charges, packet communication charges) / No. of active subscriptions (FOMA) ^^^ i-mode ARPU (FOMA): i-mode ARPU (FOMA) Related Revenues (basic monthly charges, packet communication charges) / No. of active subscriptions (i-mode (FOMA)) ^ Aggregate ARPU (mova): Voice ARPU (mova) + i-mode ARPU (mova) ^^^ Voice ARPU (mova): Voice ARPU (mova) Related Revenues (basic monthly charges, voice communication charges) / No. of active subscriptions (mova) ^^^ i-mode ARPU (mova): i-mode ARPU (mova) Related Revenues (monthly charges, packet communication charges) / No. of active subscriptions (i-mode (mova)) ^ Number of active subscriptions used in ARPU and MOU calculations are as follows: ^^^ Quarterly data: sum of "No. of active subscriptions in each month"* of the current quarter ^^^ Half-year data: sum of "No. of active subscriptions in each month"* of the current half ^^^ Full-year data: sum of "No. of active subscriptions in each month"* of the current fiscal year ^^^* "No. of active subscriptions in each month": (No. of subs at end of previous month + No. of subs at end of current month)/2 ^The revenues and no. of subscriptions of Communication Module Services are not included in the above calculation of ARPU and MOU. |
Reconciliation of the Disclosed Non-GAAP Financial Measures to the Most Directly Comparable GAAP Financial Measures |
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