Japan Mobile Telco's Q4 Forcast
NTT DoCoMo and KDDI Corp. may say Q4 operating profit fell as they paid retailers more to lure shoppers and promote new handsets. DoCoMo’s operating profit probably dropped 83 percent to 44.4 billion yen ($420 million) in the three months ended March 31, according to the median targets of nine analysts in a Bloomberg survey. The company’s biggest rival in Japan, KDDI, may say operating profit, or sales minus the cost of goods sold and administrative expenses, fell 6.8 percent to 53.5 billion yen.