Slide number four. This is the highlights for the 2011 results. As I said at the outset, for the first time in eight years we achieved an increase in both revenues and income in fiscal 2011. In the second, as we announced at the end of the first half, we made an upward revision to the full-year forecast of ¥870 billion. But as it turned out we even beat it, beat the forecast at ¥874.5 billion. Packet revenues reached ¥1843.9 billion, up 8.8% year-on-year.
The total number of smartphone sold increased 3.5-fold year-on-year and reached 8.82 million units. Xi devices sales increased by 87-fold year-on-year and reached 2.3 million. And also the total number of net additions reached 2.12 million. As you know although we have terminated 160,000 PDC subscribers as of the end of the fiscal year, still we were able to achieve 2.12 million units. The total number of cell subscriptions exceeded 60 million as of 11 th of March.
Slide number five, which is the results highlights. We have worked for the recovery from the damages of Great East Japan Earthquake, and of course we have also steadily implemented a new disaster preparedness measures and completed the implementation by the end of February by spending approximately ¥20 billion.
Second item, customer satisfaction improvement, both in the consumer and enterprise sector. We achieved the number one ranking in the consumer sector for two straight years and also in the enterprise sector for the third straight year. Also on 23rd of April this year, we were awarded the number one ranking in Nikkei BP Consulting's Mobile Data Devices User Satisfaction Survey for the fourth straight year.We are very happy that our customers are continually using our services. I would like to show, express my appreciation. Number three smartphone promotion, we saw it as I said 8.82 million units of smartphones for the full-year. And in the month of March alone we sold more than 1.6 million units of smartphones. Of course this was attributable to the expanded lineup and also the introduction of new billing plans and the new services launched for smartphones. Number four, transformation into an integrated service company. We started our collaboration with Radishbo-ya and introduced NOTTV service. And number five, we are sorry about the service interruptions that we have caused. I would like to once again express my apologies for inconveniencing customers. Read the rest of this transcript for free on seekingalpha.com
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts