- Operating revenues amounted to ¥2,599.6 billion a decrease of ¥54.3 billion (2.0%) from the same quarter of the previous fiscal year. Although income from IP system packet communications increased due to growth in subscribers to B FLET'S and FOMA, reduction of the basic charge in the fixed-line telephone market and discontinuation of charges for the use of touch-tone lines as well as various discount measures to bolster competitiveness in the mobile phone market resulted in a decrease of consolidated revenue compared with the same quarter of the previous fiscal year.
- Operating expenses amounted to ¥2,200 billion, a decrease of ¥32 billion (1.4%) from the same period last year.
- As a result, operating income amounted to ¥399.6 billion, a decrease of ¥2.23 billion (5.3%) from the same quarter of the previous fiscal year. On the other hand, by including pre-tax profit on the sale of H3G UK* (¥62 billion) in non-operating income, operating income totaled ¥464.3 billion (an increase over the same quarter of the previous fiscal year), and inclusion of losses from JSAT shares in losses due to equity in income of affiliated companies, the net income for the quarter totaled ¥177.6 billion (a profit decline compared with the same quarter of the previous fiscal year).
*Hutchison 3G UK Holdings Limited
- Further, since progress to forecast for the Fiscal Year Ending March 31, 2006 was a transition within the range of the general forecast announced in May (at the time of announcement of the settlement for fiscal year 2004), at this stage there has been no revision of the forecast. Nor has there been any change in forecasts for major subsidiaries.
