This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

NTT DoCoMo's CEO Discusses F1Q 2012 Results - Earnings Call Transcript

For today’s meeting we’ll be using two sets of documents, the earnings release and the presentation slides. Please confirm that you have both.

For today’s meeting we will first start with the presentation from Mr. Yamada, President and CEO, followed by a Q&A session.

We would like to finish this meeting by 6 O’clock. Please also be advised that there are forward- looking statements, and for those potential risks please refer to this slide and also From 20-F filed with the U.S. SEC.

Now without further ado, I would like to ask Mr. Yamada to begin the presentation.

Ryuji Yamada

I am Yamada of NTT DoCoMo. Thank you very much, ladies and gentlemen, for sparing your precious time to attend this meeting. I would also like to take this opportunity to express our appreciation to your continued support and patronize to the company.

Now I would like to start with the presentation of the first quarter results. If you can flip to Page 3, this is the financial results for the first three months of the fiscal year ending March 2012. Operating revenues decreased 3.9% year-on-year and reached ¥1.473 trillion. Operating income increased 11.3% and reached ¥267.7 billion. So we posted a reduction in revenues, but an increase in income. And the progress of operating income to full year forecast was 31.5%, which was almost in line with our earlier expectations.

Slide 4, these are the highlights of the first quarter results. There are five major points. First, the disaster recovery and the new disaster preparedness measures. On March 11, we had the great East Japan Earthquake, which affected many people in the area, causing a lot of service disruption. We are very sorry for the inconvenience caused. We have made all our efforts to restore the service and completed the restoration in most of the areas by the end of April. For the new disaster preparedness measures, of course I will just explain the details later. We would like to complete the implementation of these measures by aggressively working on them.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs