DoCoMo Announces Q3 Results

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.