Financial Highlights

Full-year forecasts: As announced on April 26, 2013

Data is available in both PDF and Excel formats.

• (Open a PDF file)Financial Data (BS,PL,CF) (PDF format: 102KB) 3 pages
• (Open an Excel file)Financial Data (BS,PL,CF) (Excel format: 61.0KB) 3 pages

• There is an error in the number of "Accumrated other comprehensice income". We apologize for any inconvenience this error may have caused you and inform you that it has been revised. (As revised on May 1, 2013)

Consolidated Statements of Income

(Billions of yen)

		3/2009	3/2010	3/2011	3/2012	3/2013	3/2014 (Est.)
Operating revenues1		4,448.0	4,284.4	4,224.3	4,240.0	4,470.1	4,640.0
	Mobile communications services2	3,624.9	3,456.5	3,354.6	3,326.5	3,168.5	2,990.0
	Equipment sales	606.9	507.5	477.4	498.9	758.1	986.0
	Other operating revenues	216.2	320.4	392.2	414.6	543.6	664.0
Operating expenses1		3,617.0	3,450.2	3,379.5	3,365.5	3,632.9	3,800.0
Operating income		831.0	834.2	844.7	874.5	837.2	840.0
Income before income taxes		780.5	836.2	835.3	877.0	841.7	850.0
Net income		471.4	497.1	492.0	461.0	485.3	-
Less: Net (income) loss attributable to noncontrolling interests3		0.5	(minus2.3)	(minus1.5)	3.0	10.3	-
Net income attributable to NTT DOCOMO, INC.		471.9	494.8	490.5	463.9	495.6	510.0

• 1 Effective April 1, 2002, we adopted the accounting pronouncement issued in November 2001 relating to accounting for consideration given by a vendor to a customer (including a reseller of the vendor's products).
  The effects in operating revenue and operating expenses due to the adoption this accounting pronouncement are as follows:
• 2 With the introduction of "Other operating revenues" in the fiscal year ended March 31, 2013, some elements (revenues from content and other services) included in conventional "Packet communications revenues" for the fiscal year ended March 31, 2009 to 2012 results have been retroactively reclassified into "Other operating revenues." The amount of the reclassification for those periods are 36.4 billion yen, 42.9 billion yen, 52.5 billion yen, 59.2 billion yen respectively.
• 3 Effective April 1, 2009, we adopted the accounting pronouncement issued in December 2007 relating to noncontrolling interests in consolidated financial statements. Upon the adoption, "Net income" includes "Net income or loss attributable to noncontrolling interests", which was previously referred to as "Minority interests" and deducted from "Net income", for the fiscal year ended March 31, 2010.
  Accordingly, "Net income", and "Net income or loss attributable to noncontrolling interests" for the fiscal year ended March 31, 2009 is calculated in the same manner as those for the fiscal year ended March 31, 2010.

(Billions of yen)

	3/2009	3/2010	3/2011	3/2012	3/2013	3/2014 (Est.)
Decrease of equipment sales revenues in operating revenues	253.5	219.6	234.6	244.4	214.7	-
Decrease of equipment sales related expenses in operating expenses	265.3	219.3	235.2	242.3	212.0	-

	3/2009	3/2010	3/2011	3/2012	3/2013	3/2014 (Est.)
Operating income margin1	18.7%	19.5%	20.0%	20.6%	18.7%	18.1%
Net income margin2	10.6%	11.5%	11.6%	10.9%	11.1%	11.0%
EBITDA margin3	37.7%	36.6%	37.1%	37.3%	35.1%	34.2%

• 1 Operating income / Operating revenues
• 2 Net income attributable to NTT DOCOMO, INC. / Operating revenues
• 3 EBITDA (Operating income + Depreciation and amortization + Losses on sale or disposal of property, plant and equipment) / Operating revenues

Please see Reconciliations of the Non-GAAP Financial Measures for details of the calculation process.

Operating revenues

Operating income and Operating income margin

Net income attributable to NTT DOCOMO, INC. and Net income margin

EBITDA margin

Consolidated Balance Sheets

(Billions of yen)

	3/2009	3/2010	3/2011	3/2012	3/2013	3/2014 (Est.)
Total assets	6,488.2	6,756.8	6,791.6	6,948.1	7,228.8	-
Interest bearing liabilities	639.2	610.3	428.4	256.7	253.8	-
NTT DOCOMO, INC. shareholders' equity	4,341.6	4,635.9	4,850.4	5,062.5	5,427.6	-

Margin of safety

	3/2009	3/2010	3/2011	3/2012	3/2013	3/2014 (Est.)
Debt ratio1	12.8%	11.6%	8.1%	4.8%	4.5%	-
Equity ratio2	66.9%	68.6%	71.4%	72.9%	75.1%	-

• 1 Interest bearing liabilities / (NTT DOCOMO, INC. shareholders' equity + Interest bearing liabilities)
• 2 NTT DOCOMO, INC. shareholders' equity / Total assets

Total assets

NTT DOCOMO, INC. shareholders' equity and Equity ratio

Interest bearing liabilities and Debt ratio

Consolidated Statements of Cash Flows

(Billions of yen)

	3/2009	3/2010	3/2011	3/2012	3/2013	3/2014 (Est.)
Net cash provided by operating activities	1,173.7	1,182.8	1,287.0	1,110.6	932.4	1,103.0
Net cash used in investing activities	(minus1,031.0)	(minus1,163.9)	(minus455.4)	(minus974.6)	(minus701.9)	(minus703.0)
Free cash flows1	142.7	18.9	831.7	136.0	230.5	400.0
Free cash flows excluding the effect of irregular factors2, the effect of transfer of recievables3, and Changes in investments for cash management purposes4)	93.4	416.9	589.8	503.5	225.6	400.0

• 1 Net cash flows provided by operating activities + Net cash used in investing activities
• 2 Irregular factors: Effects of uncollected revenues due to bank closures at the end of periods.
• 3 Effect of transfer of recievables: Effect caused by the uncollected amounts of transferred recievables of telephone charges to NTT FINANCE CORPORARION
• 4 Changes in investments for cash management purposes: Changes by purchases, redemption at maturity and disposals of financial instruments held for cash management purposes with original maturities of longer than three months. Net cash used in investing activities for the year ended March, 2009 to 2013 includes changes in investments for cash management purposes. The effect of changes in investments for cash management purposes is not taken into account when we forecasted net cash used in investing activities for the year ending March 31, 2014 due to the difficulties in forecasting such effect.

Please see Reconciliations of the Non-GAAP Financial Measures for details of the calculation process.

Cash flows from operating activities and Cash flows from investing activities

Adjusted free cash flows (excluding Irregular factors and Changes in investments for cash management purposes)

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