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- NTTis... Winter 2010
- Consolidated FY2010 Financial Forecasts
Consolidated FY2010 Financial Forecasts
- Operating revenues forecasts were revised downward by ¥20.0 billion from the initial forecast to ¥10,140.0 billion (a decrease of 0.4% from the previous fiscal year).
In regards to operating revenues, despite an expected increase in revenues from the regional communications business, the anticipated decrease in revenues from the data communications business and the decrease in sales of mobile handsets by the mobile communications business caused the initial forecast for operating revenues to be revised downward by ¥20.0 billion to ¥10,140.0 billion. - Operating income forecasts were revised upward by ¥15.0 billion from the initial forecast to ¥1,180.0 billion (an increase of 5.6% from the previous fiscal year).
In regards to operating income, despite the anticipated decrease in revenues from the data communications business, due to efforts across the whole NTT Group to increase revenues led by the regional communications business, the forecast for operating income was revised upward by ¥15.0 billion from the initial forecast to ¥1,180.0 billion.
For the net income attributable to NTT, through factoring in the exchange losses resulting from the acquisition of shares in overseas subsidiaries and other factors, there is no change from the initial consolidated forecasts.
Consolidated and Main Subsidiaries' FY2010 Financial Forecasts
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.
