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NTT DoCoMo's CEO Discusses F3Q 2012 Results - Earnings Call Transcript

Stocks in this article: DCM

We will be using five sets of documents for this meeting. We have the earning release and two sets of presentations. One for the financial results for the first three quarters and the other one entitled “Response to the Series of Network Malfunctions.” And we have two pieces of press release. One, “NTT DOCOMO to Offer Discount Campaign for LTE,” and the other one entitled “DOCOMO to Offer Discounts to Customers” using Xi for second device. Now, for today’s meeting we will first begin with the presentation by Mr. Yamada followed by a Q&A session. We will aim to finish this meeting at 7:00 sharp. Please also be advised that this meeting including the Q&A session may contain forward-looking statements.

For potential risks, please take a look our Form 20-F filed with the SEC or this presentation document.

Ryuji Yamada

(Interpreted) I am Yamada. Good afternoon to you, and thank you very much for attending this meeting despite your busy schedule. First of all, I would like to express our apologies for the inconvenience that we have caused for the network troubles in the sp-mode services. We have considerably inconvenienced to our customers, and we would like to extend our deepest apologies.

In light of the occurred network disturbances we have established a task force for the improvement of network infrastructure headed by myself. Under which we have been – we have explored many counter measures for the improvement of the situation. Now, I would like – because I am heading this task force, I would like to introduce the activities that we have been undertaking in order to improve the situation.

So, we would like to explain the results of the financial quarter or the financial results ended December 31, and also the response to the series of malfunctions. I’ll begin with the response to the malfunctions. Page two which contains the table of contents. And you see there, first, we have given the overview of the sp-mode malfunction which occurred on the 16th of August and the 20th of December as well as the 1st of January this year. Second, we have the overview of the packet switch malfunction that occurred on the 25th of January. First – and third, because we have established a taskforce for the improvement of network infrastructure, I would like to elaborate on the activities there.

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