September 4, 2014
NTT DOCOMO, a subsidiary of Nippon Telegraph and Telephone Corporation (“NTT”), conducted a tender offer for the repurchase of its shares from August 7, 2014 through September 3, 2014.
Of the NTT DOCOMO common shares that NTT holds, NTT tendered, and NTT DOCOMO repurchased, 176,991,100 shares. As a result, NTT expects to record an extraordinary gain of 299.0 billion yen (gain on sale of investments in affiliated companies) in its non-consolidated financial statements. Accordingly, NTT announced the following revisions to its non-consolidated financial forecasts for the fiscal year ending March 31, 2015, previously announced on May 13, 2014.
Revised Non-Consolidated Financial Forecasts for the Fiscal Year Ending March 31, 2015
|Operating Revenues||Operating Income||Recurring Profit||Net Income||Earnings
|Previous Forecast (A)||422,000||277,000||272,000||274,000||250.00 yen|
|Revised Forecast (B)||417,000||272,000||267,000||557,000||510.00 yen|
|Percentage Change (%)||(1.2)||(1.8)||(1.8)||103.3|
|(Reference) Results of the Fiscal Year Ended March 31, 2014||430,843||283,530||277,322||279,224||242.86 yen|
There is no impact on the consolidated financial forecasts for the fiscal year ending March 31, 2015.
Nippon Telegraph and Telephone Corporation
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