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NTTis... Autumn 2010

Consolidated Summary of Financial Results for the First Quarter

  • . Consolidated operating revenues for the first quarter were ¥2,498.9 billion, and the year-on-year decline greatly decreased from ¥90.7 billion in the same period of the previous fiscal year to just ¥4.0 billion.
    IP-related revenues increased due to increased FLET’S Hikari subscriptions and a higher packet ARPU by NTT DOCOMO.  Other factors contributing to this result include the declining pace of new subscriptions of the mobile phone value plan, and the smaller decline in fixed-line telephone subscriptions, which resulted in a smaller contraction of voice-related revenues.
  • . Consolidated operating expenses for the first quarter were ¥2,159.3 billion, down ¥17.9 billion (0.8%) from the same period of the previous fiscal year.
    Operating expenses declined as a result of ongoing efforts to cut costs and reduced depreciation and amortization due to higher investment efficiency.
  • . Consolidated operating income for the first quarter was ¥339.7 billion, an increase of ¥13.9 billion (4.3%) from the same period of the previous fiscal year.

Details of Year-on-Year Change (Per Item)

Details of Year-on-Year Change (Per Item)

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Consolidated and Main Subsidiaries’ Financial Results

"NTT Consolidated" refers to the consolidated financial results for NTT Group's 550 consolidated subsidiaries and 90 companies accounted for under the equity method of accounting. NIPPON TELEGRAPH AND TELEPHONE EAST CORPORATION (NTT East), NIPPON TELEGRAPH AND TELEPHONE WEST CORPORATION (NTT West), NTT COMMUNICATIONS CORPORATION (NTT Com), NTT DATA CORPORATION (NTT DATA) and NTT DOCOMO, INC. (NTT DOCOMO) are listed as the five main subsidiaries.

Consolidated and Main Subsidiaries' Financial Results

The forward-looking statements and projected figures concerning the future performance of NTT and its subsidiaries and affiliates contained or referred to herein are based on a series of assumptions, projections, estimates, judgments and beliefs of the management of NTT in light of information currently available to it regarding NTT, the economy and telecommunications industry in Japan and overseas, and other factors. These projections and estimates may be affected by the future business operations of NTT and its subsidiaries and affiliates, the state of the economy in Japan and abroad, possible fluctuations in the securities markets, the pricing of services, the effects of competition, the performance of new products, services and new businesses, changes to laws and regulations affecting the telecommunications industry in Japan and elsewhere, other changes in circumstances that could cause actual results to differ materially from the forecasts contained or referred to herein, as well as other risks included in NTT’s most recent Annual Report on Form 20-F and other filings and submissions with the United States Securities and Exchange Commission.

NTTis... Autumn 2010
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