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NTT DoCoMo's CEO Discusses F4Q 2011 Results - Earnings Call Transcript

Stocks in this article: DCM

First we will have a presentation from Mr. Yamada, President and CEO followed by a Q&A session. We would like to finish this meeting at 6:00, but because we are going to have three presentations for this meeting, so we may have to anticipate some extension. Please bear with us till the end. Now there are forward-looking statements included in the presentation as well as a Q&A session. For those potential risks please see the presentation and Form 20F filed with the SEC.

Now without further ado, I would like to call Mr. Yamada.

Ryuji Yamada

I am Yamada, thank you very much for taking your busy schedule to attend this meeting. I would like to also take this opportunity to express my gratitude for your continued support to the company. On March 11, there was the occurrence of a great East Japan Earthquake, an ever since we have inconvenienced our customers, we are very sorry for that.

We would like to restore our facilities at the earliest possible timing, and as of today we have nearly completed all of our service areas restorations. So I would like to explain the details regarding the recovery status as well as the damages incurred by the earthquake, also the new measures, new preparedness measures will also be introduced. Because we have so many documents to cover I will try to speak as quickly as possible.

Now without further ado, I would like to start with the damage and restoration status presentation. Page 3. This is the restoration status of the service areas. As of March 12, we 4,900 base stations were damaged or disrupted but as of 26 of April, as you can see on the right hand side of the page, most of them have been recovered. Page 4. Well many of our base stations were recovered after the power supply came back, but not all of them were done because of submerged base stations and disruption with transmission line. As of March 28, 307 base stations were disrupted and we had a plan to complete those restorations by the end of April. And most of them are on scheduled towards that goal.

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