NTT DoCoMo today announced their Q3 results (1 October – 31 December) for fiscal 2006 with year-ending March 31st 2007. Reported sales rose 0.4% with operating profit up 18% during the period, however net income fell to 93.9 bln JPY compared with 131.1 bln JPY in Q3 of fiscal 2005. The 28% year-on-year decline was caused by the one-time profit (40 bln JPY) booked from the operators sale of its stake in KPN Mobile in Q3 last year.

The full 20 page package [.pdf] is Here.

DoCoMo also noted increased costs to 3G infrastructure – base station installed up to 45,000 from 30,000 on April 1st 2006 – and customer spending during the term as mobile number portability became available in the market. Despite intense efforts, the operator saw its quarterly churn rate nearly double from the second quarter to 0.93% in the third. Meanwhile the company targets having 65% of their 52 mln subscriber base migrated to 3G contracts by the end of fiscal 2006.

Watch video, in English, of the full press conference – req. Windows Media player & broadband connection – Here.

Related posts:

1. DoCoMo Share Repurchase Targets
2. DoCoMo 1H Profits off 20 Percent
3. DoCoMo Results for 1Q FY2006
4. DoCoMo Shareholders: Higher Dividend?
5. DoCoMo posts solid Q1 profit on 3G growth

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!