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NTT DoCoMo's CEO Discusses F2Q 2012 Results - Earnings Call Transcript

For today’s meeting, we have four sets of documents: one, earning release; number two, the results presentation slides; number three, the presentation slide for the medium term vision 2015; and fourth, the press release entitled “DoCoMo Releases Medium Term Vision 2015

Shaping a Smart Life.”

First of all, we would like to have a presentation from Mr. Yamada, President and CEO, followed by a Q&A session. We would aim to finish this meeting at 6:00 according to our previous announcement, but because we have this announcement of that medium-term vision, we would like to extend the meeting up to 6:30. Regarding the potential risk regarding the – of our business, please take a look at our slide and also Form 20-F filed with the U.S. SEC.

Now without further ado, I would like to give the microphone to Mr. Yamada.

Ryuji Yamada

(Interpreted) I am Yamada of NTT DoCoMo. Thank you very much indeed for taking part in this meeting despite your busy schedule. I would also like to take this opportunity to express my gratitude to your continuous support to NTT DoCoMo.

Today, we would like to present the results for the first six months of the fiscal year ending March 2012 and also the medium-term vision 2015 which we just recently developed. I know you are very busy and it’s quite bulky, so I would like to extend the meeting by 30 minutes compared to the initial plan.

Now without further ado, I would like to start immediately with the presentation on the results for the first half of fiscal 2011. If you can go straight to page three of the presentation, these are the highlights of the results for the first half of fiscal 2011.

As you can see here, in the first quarter – first half we sold a total of 3.63 million units of smartphones which is much higher compared to 2.52 million units for the full year of last fiscal year. And due to this brisk smartphone sales, the second quarter ARPU for the three months’ period increased by ¥150 year-on-year. As a result, the second quarter operating revenues increased by ¥16.8 billion year-on-year.

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