NTT DoCoMo released their financial results for the year ending 31 March earlier today, and the numbers are stellar. Despite operating revenues achieving “only” 4,844.6 bn yen, down a noticable 4% year on year, net income came in at 747.6 bn yen, up a strong 15% over last fiscal year. But the company foresees tough times ahead, predicting net income for the current fiscal year (ending 31 March 2006) to fall to 497 bn yen, a plunge of 33.5%. 

President Nakamura pointed to a “business environment undergoing major change” due to flat-rate data tariffs and the looming start of number portability in the Japan market. Nonetheless, the company has expanded the terminal line-up, reduced churn and regained the No. 1 spot in monthly net adds, which had been taken by KDDI on the strength of their WIN super-fast, flat-rate data service. Not bad results for a potentially grim year.

The 50 page Report [.PDF] is HERE

– Daniel Scuka

Related posts:

1. DoCoMo Earnings Release FY2003
2. Japan’s Mobile Year in Review
3. CyberAgent Reports Full Year Results
4. Japan Telcos Announce Fiscal 2007 Results
5. SoftBank Mobile Q3 Profit Slips

Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.

Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!