4. Others

4. Others

(1)	Change in significant consolidated subsidiaries during the three months ended June 30, 2010, which resulted in changes in the scope of consolidation : None
(2)	Adoption of accounting which is simplified or exceptional for quarterly consolidated financial statements: None
(3)	Change in significant accounting principles, procedures and presentation in quarterly consolidated financial statements Accounting for Transfers of Financial Assets Effective April 1, 2010, NTT Group adopted Accounting Standards Update (“ASU”) 2009-16 “Accounting for Transfers of Financial Assets” issued by Financial Accounting Standards Board (“FASB”) in December 2009. This ASU eliminates the concept and associated guidance of a “qualifying special-purpose entity,” creates more stringent conditions for reporting a transfer of a portion of a financial asset as a sale, clarifies other sale-accounting criteria, and changes the initial measurement of a transferor’s interest in transferred financial assets. This ASU also provides for transfers that occurred before and after its effective date. The adoption of this ASU did not have an impact on the results of operations and financial position of NTT Group. Improvements to Financial Reporting by Enterprises Involved with Variable Interest Entities (“VIE”). Effective April 1, 2010, NTT Group adopted ASU 2009-17 “Improvements to Financial Reporting by Enterprises Involved with Variable Interest Entities (“VIE”)” issued by FASB in December 2009. This ASU prescribes the change of the approach to determining a VIE’s primary beneficiary (the reporting entity that must consolidate the VIE) and requires companies to reassess more frequently whether they must consolidate VIEs. The adoption of this ASU had an impact on the accounting for consolidated VIE, however, management does not believe the adoption of this ASU had a material impact on the results of operations and financial position of NTT Group.