Japan Telcos Announce Fiscal 2007 Results
NTT DoCoMo’s 2007 fiscal year ended on March 31st and the company has posted their earnings release (.pdf) Here. Operating revenues were off 1.6% YoY while operating income of 808.3 billion jpy, or approx. $8B usd, was up 4.5% with the net income growing by 7.4% to 491 billion jpy. Operating revenues, operating income, income before taxes and net income for fiscal 2008 were estimated to increase 1.2%, 2.7%, 4.3% and 2.4% respectively. See the details from KDDI and SoftBank Mobile – as available – after the jump.

DoCoMo Chieftain Tachikawa gave his final press conference of the year and looked happier and more relaxed than we’ve seen him for some time. And he should. After good first half financials and FOMA finally taking off, he was able to give a good spin on DoCoMo’s performance and managed to sling an arrow at Microsoft, as only a spin-off from a monopoly can! Japan’s phone market unexpectedly achieved solid 1H growth; net additions were almost the same 1H 03. 2H was down, but overall growth for DoCoMo will be 80 percent of 02. Japan’s phone market is NOT saturated. DoCoMo still thinks it will achieve 8 percent growth. Non-voice is growing, as well as voice. Japan’s penetration rate still lower than Europe. DoCoMo still sees growth opportunities. Full Program Run-time 20:24