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CEO Press Conference

August 6, 2019 (Tuesday)

Financial Results for the Three Months Ended June 30, 2019
Jun Sawada, Representative Director and President, Chief Executive Officer
Also in attendance were:
Takashi Hiroi, Senior Vice President, Director of Finance and Accounting Dept.
Ryota Kitamura, Senior Vice President, Director of Corporate Strategy Planning Dept.


I am presenting a summary of our consolidated results for the three months ended June 30, 2019.
In brief, our first-quarter operating revenue increased on a year-on-year basis, but operating income decreased.
This quarter marked a record-high first-quarter operating revenue. Our first-quarter operating revenue has increased year-on-year for the ninth consecutive year, which applies to both domestic and overseas operations.
On the other hand, our first-quarter operating income decreased year on year, mainly because of the decrease in operating income of NTT DOCOMO as a result of its profit return to customers. We do not disclose specific quarterly targets, but both first-quarter operating revenue and income have exceeded their quarterly targets, showing that our operations are going well.
As to first-quarter net income, while our operating income in this quarter decreased by 6% year on year, net income declined by only 3%. This is attributable mainly to the gain on revaluation of Ennet when it was consolidated into the Group as a subsidiary.

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