Edgar Filing: NTT DOCOMO INC

(Millions of yen)

Operating Revenues

Income before

Income Taxes

Net Income

Year ending March 31, 2007

Form 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of January, 2007.

Commission File Number: 001-31221

Total number of pages: 53

NTT DoCoMo, Inc.

(Translation of registrant’s name into English)

Sanno Park Tower 11-1, Nagata-cho 2-chome

Chiyoda-ku, Tokyo 100-6150

Japan

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨ No x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-

Information furnished in this form:


1.		Earnings release dated January 31, 2007 announcing the company’s results for The Nine Months ended December 31, 2006.

2.		Materials presented in conjunction with the earnings release dated January 31, 2007 announcing the company’s results for The Nine Months ended December 31, 2006.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	NTT DoCoMo, Inc.

Date: January 31, 2006	By:	/s/ YOSHIKIYO SAKAI
		Yoshikiyo Sakai Head of Investor Relations

3:00 P.M. JST, January 31, 2007

NTT DoCoMo, Inc.

Earnings Release for the Nine Months Ended December 31, 2006

Consolidated financial results of NTT DoCoMo, Inc. (the “Company”) and its subsidiaries (collectively “we” or “DoCoMo”) for the nine months ended December 31, 2006 (April 1, 2006 to December 31, 2006), are summarized as follows.

<< Highlights of Financial Results >>

•

For the nine months ended December 31, 2006, operating revenues were 3,597.0 billion yen (up 0.4% compared to the same period of the prior year), operating income was 676.9 billion yen (down 2.4% compared to the same period of the prior year), income before income taxes was 680.7 billion yen (down 16.1% compared to the same period of the prior year) and net income was 403.7 billion yen (down 21.8% compared to the same period of the prior year).

•

Earnings per share were 9,154.91 yen (down 19.4% compared to the same period of the prior year) and EBITDA margin* was 34.6% (down 0.1 point compared to the same period of the prior year).

Notes:

1.	Consolidated financial statements in this release are unaudited.

2.	Amounts in this release are rounded off.

EBITDA and EBITDA margin, as we use them, are different from EBITDA as used in Item 10(e) of Regulation S-K and may not be comparable to similarly titled measures used by other companies. For an explanation of our definition of EBITDA, see the reconciliations to the most directly comparable financial measures calculated and presented in accordance with GAAP on page 18.

<< Comment by Masao Nakamura, President and CEO >>

In the third quarter of the fiscal year ending March 31, 2007, we worked continuously to enhance our network quality, released the latest “FOMA 903i” series handsets and implemented various other measures in all-out efforts to reinforce our competitiveness. As a consequence, the number of FOMA subscribers exceeded 32 million as of December 31, 2006, and our cellular churn rate for the third quarter increased slightly to 0.93%, due to subscribers’ relatively calm response to the Mobile Number Portability following its launch on October 24, 2006. Operating revenues and operating income for the nine months ended December 31, 2006 were 3,597.0 billion yen (up 14.8 billion yen compared to the same period of the prior year) and 676.9 billion yen (down 16.6 billion yen compared to the same period of the prior year), respectively.

In the coming spring, we plan to add more models to our handset lineup through the release of the new “FOMA 703i” series handsets, which will include the world’s slimmest W-CDMA handset in a clamshell form. We will also continue our endeavors to improve FOMA’s network quality and broaden the coverage of HSDPA (High-Speed Downlink Packet Access), and strive to develop and invigorate the video/music content market. In March 2007, we are planning to expand our flat-rate billing package for packet data communications, to allow users to access PC-configured web sites and video contents using a full-scale browser for a fixed monthly rate. Meanwhile, we have steadily solidified the foundation of our credit business by increasing the user count of “DCMX” mobile credit payment services to 1.39 million and the number of installed “iD” payment terminals to 100 thousand. The uptake of “Osaifu-Keitai”* services is also growing at a favorable pace, with the user base of compatible handsets expected to reach 20 million by the end of March 2007. Leveraging these services, we will pursue our goal to transform mobile phones into “lifestyle infrastructure”.

While the business climate surrounding us is expected to become increasingly harsh, we will devote ourselves to serving our customers and striving to improve every aspect of our service offerings with the aim to build up our competitiveness and strengthen our business foundation thereby.

“Osaifu-Keitai” refers to mobile phones equipped with a contactless IC card, as well as the useful function and services enabled by the IC card. With this function, a mobile phone can be utilized as electronic money, a credit card, an electronic ticket, a membership card and an airline ticket, among other things.

<< Operating Results and Financial Position >>


<Results of operations>	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2005			Increase (Decrease)					Year ended March 31, 2006
Operating revenues	¥	3,597.0		¥	3,582.2		¥	14.8		0.4	%	¥	4,765.9
Operating expenses		2,920.1			2,888.8			31.3		1.1			3,933.2

Operating income		676.9			693.5			(16.6	)	(2.4	)		832.6
Other income, net		3.8			117.7			(113.9	)	(96.8	)		119.7

Income before income taxes		680.7			811.2			(130.5	)	(16.1	)		952.3
Income taxes		276.7			293.9			(17.2	)	(5.9	)		341.4
Equity in net losses of affiliates		(0.2	)		(0.9	)		0.6		71.3			(0.4	)
Minority interests in consolidated subsidiaries		(0.0	)		0.0			(0.0	)	—			(0.1	)

Net income	¥	403.7		¥	516.4			¥ (112.7)		(21.8	)%	¥	610.5

1.	Business Overview

(1)

Operating revenues totaled 3,597.0 billion yen (up 0.4% compared to the same period of the prior year).

•

Cellular (FOMA+mova) services revenues increased to 3,157.6 billion yen (up 0.9% compared to the same period of the prior year). Despite some negative effects from our strategic billing arrangements introduced in the past, these revenues grew due to the acquisition of new subscribers and lowering of our churn rate through our customer-oriented operations.

•

Voice revenues from FOMA services increased to 1,308.3 billion yen (up 59.7% compared to the same period of the prior year) and packet communications revenues from FOMA services increased to 697.5 billion yen (up 65.2% compared to the same period of the prior year) owing to a significant increase in the number of FOMA services subscribers to 32.11 million (up 59.5% compared to the same period of the prior year). The increase in the number of FOMA subscribers resulted from factors such as the improvements in network quality and the release of new handsets, including the “FOMA 903i/702iS” series.

•

Equipment sales revenues decreased to 348.3 billion yen (down 1.4% compared to the same period of the prior year). While the number of handsets sold increased due to steady migration of subscribers from mova services to FOMA services, the amount accounted for as sales revenue per handset decreased.


<Breakdown of operating revenues>	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006		(UNAUDITED) Nine months ended December 31, 2005		Increase (Decrease)
Wireless services	¥	3,248.8	¥	3,229.0	¥	19.7		0.6	%
Cellular (FOMA+mova) services revenues (i)		3,157.6		3,130.3		27.3		0.9
- Voice revenues (ii)		2,238.5		2,303.4		(64.9	)	(2.8	)
Including: FOMA services		1,308.3		819.1		489.2		59.7
- Packet communications revenues		919.1		826.9		92.2		11.1
Including: FOMA services		697.5		422.2		275.3		65.2
PHS services revenues		18.4		32.6		(14.2	)	(43.6	)
Other revenues		72.8		66.2		6.6		10.0
Equipment sales		348.3		353.2		(4.9	)	(1.4	)

Total operating revenues	¥	3,597.0	¥	3,582.2	¥	14.8		0.4	%

Notes:

(i)

Cellular (FOMA+mova) services revenues for the nine months ended December 31, 2006 reflected the impact of recognizing as revenues the portion of “Nikagetsu Kurikoshi” (2-months carry over) allowances that are projected to expire.

(ii)

Voice revenues include data communications revenues through circuit switching system.

(2)

Operating expenses were 2,920.1 billion yen (up 1.1% compared to the same period of the prior year).

•

Personnel expenses were 188.8 billion yen (up 1.1% compared to the same period of the prior year). The number of employees as of December 31, 2006 was 22,356.

•

Non-personnel expenses increased to 1,860.4 billion (up 1.4% compared to the same period of the prior year). This increase resulted mainly from an increase in cost of equipment sold due to proportional growth in sales of FOMA handsets to the aggregate number of handsets sold.

•

Depreciation and amortization increased by 0.9% to 537.4 billion yen compared to the same period of the prior year due to an increase in capital expenditures for expansion and quality improvement of FOMA network.


<Breakdown of operating expenses>	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006		(UNAUDITED) Nine months ended December 31, 2005		Increase (Decrease)
Personnel expenses	¥	188.8	¥	186.6	¥	2.1		1.1	%
Non-personnel expenses		1,860.4		1,835.3		25.1		1.4
Depreciation and amortization		537.4		532.7		4.6		0.9
Loss on disposal of property, plant and equipment and intangible assets		35.5		26.3		9.2		35.0
Communication network charges		270.7		280.2		(9.5	)	(3.4	)
Taxes and public dues		27.4		27.7		(0.3	)	(1.0	)

Total operating expenses	¥	2,920.1	¥	2,888.8	¥	31.3		1.1	%

Note:

For the period starting from April 1, 2006, the amount of impairment loss related to PHS assets, which was separately stated in the past, is included in “Depreciation and amortization”. As the result thereof, relevant reclassifications are made to the operating results for the nine months ended December 31, 2005.

(3)

Operating income decreased to 676.9 billion yen (down 2.4% compared to the same period of the prior year). In addition, due principally to the effect of gains we recognized on the sales of Hutchison 3G UK Holdings Limited shares (62.0 billion yen) and KPN Mobile N.V. shares (40.0 billion yen) during the same period of the prior year, income before income taxes decreased to 680.7 billion yen (down 16.1% compared to the same period of the prior year).

(4)

Net income was 403.7 billion yen (down 21.8% compared to the same period of the prior year).

2.	Segment Information

(1)

Mobile phone business

Operating revenues were 3,547.9 billion yen and operating income was 694.9 billion yen.

–

The aggregate number of cellular (FOMA+mova) services subscribers increased to 52.21 million as of December 31, 2006 (up 2.1% compared to the same period of the prior year).

–

Voice ARPU, packet ARPU, and aggregate ARPU of cellular (FOMA+mova) services for the nine months ended December 31, 2006 were 4,780 yen (down 6.5% compared to the same period of the prior year), 1,980 yen (up 6.5% compared to the same period of the prior year), and 6,760 yen (down 3.0% compared to the same period of the prior year), respectively.

–

Churn rate for cellular (FOMA+mova) services for the three months and nine months ended December 31, 2006 were 0.93% (up 0.21 point compared to the same period of the prior year) and 0.72% (down 0.06 point compared to the same period of the prior year), respectively.

•

Cellular (FOMA) services

–

Reinforcement of network coverage and launch of HSDPA services

In order to enhance the network coverage and quality of radio reception, we completed FOMA network coverage nationwide for stations of Japan Railways Group, educational institutes, and public service areas for automobiles. We added base stations on high buildings and in underground shopping areas. We also reflected voices of our customers collected in the opinion survey on our web site in our network planning.

In August 2006, we launched HSDPA services, which provide packet download speed of up to 3.6Mbps, first in Metropolitan Tokyo areas, and expanded the services to other major cities in Japan by the end of October 2006.

–

Enriched variety of handset lineup

In order to meet various customer needs, we released a total of 32 models during the nine months ended December 31, 2006.

As for our high-end models, we released “FOMA 903i” series, which feature enhanced music functions and extended memory capacity for further vivid visuals in rich applications (“Mega i-appli”) such as games or GPS navigation. We released “FOMA 702is” series as standard models, which feature unique designs. We also released simple and compact handsets called “SIMPURE” series for customers who prefer simple usability.

We released two products compatible with HSDPA services, “FOMA N902iX HIGH-SPEED” and “FOMA M2501 HIGH-SPEED”, the latter of which is a PC card type terminal dedicated to data communication.

–

Providing various services and enhanced functions

As our music services, we launched “Chaku-Uta full”, which enables users to download complete music tracks, and “Music Channel”, which provides longer and high-quality music programs. We also released several handsets compatible with “Napster To Go”, which is provided by Napster Japan, Inc. to enable users to download an unlimited number of music tracks to a PC for a flat rate and to transfer the tracks to a compatible music player or cellular handset.

For customers’ security purposes, we launched “Keitai-Osagashi Service” which enables our customers to locate misplaced handsets using GPS technology by accessing the “My DoCoMo” portal for PCs. We also equipped a certain handset model with a function called “ANSHIN-KEY Lock” which automatically locks/unlocks the handset depending on the proximity of “ANSHIN-KEY”, a special IC-card key, to the handset.

–

Corporate marketing

We actively marketed mobile system solutions featuring two of our new PDA-type handsets: “hTc Z” handset, which is supplied by High Tech Computer Corporation in Taiwan, and “BlackBerry 8707h”, which is supplied by Research In Motion Limited in Canada.

–

Voice ARPU, packet ARPU and aggregate ARPU of cellular (FOMA) services for the nine months ended December 31, 2006 were 5,200 yen (down 11.1% compared to the same period of the prior year), 2,800 yen (down 8.2% compared to the same period of the prior year) and 8,000 yen (down 10.1% compared to the same period of the prior year), respectively.

•

Cellular (mova) services

–

Due to the continuous migration of subscribers from mova services to FOMA services, the proportion of mova services subscribers to the aggregated cellular (FOMA+mova) subscribers as of December 31, 2006 decreased to 38.5%.

–

Voice ARPU, i-mode ARPU and aggregate ARPU of cellular (mova) services for the nine months ended December 31, 2006 were 4,280 yen (down 10.3% compared to the same period of the prior year), 1,020 yen (down 22.7% compared to the same period of the prior year) and 5,300 yen (down 13.0% compared to the same period of the prior year), respectively.

•

i-mode services

–

Usage promotion

In order to improve convenience of “i-mode”, we launched a keyword search service. By inputting a keyword into the search box on the top page of Japanese iMenu portal, users can search official i-mode sites, as well as non-official i-mode sites through a search engine (13 search engines were available as of December 31, 2006).

Rakuten Auction, Inc., a joint venture company established by Rakuten, Inc. and DoCoMo, launched “Rakuten Auction” service which features “anonymous escrow”, which does not require sellers or winning bidders to reveal private information to one another.

In order to increase usage volume among a wide range of subscribers, we continued to promote our “i-channel”, push-type information casting service, by setting our handsets “i-channel” compatible as a default function. The number of “i-channel” service subscribers as of December 31, 2006 increased to 8.12 million.

–

Global development

In December 2006, we reached an agreement with Hutchison Essar, Ltd., one of India’s leading mobile operators, pursuant to which Hutchison Essar will introduce i-mode services in India. (The agreement is subject to governmental approval to be effective.)

The i-mode services were rolled out in 16 countries and areas including Japan as of December 31, 2006, and the aggregate number of cellular service subscribers of all the operators which participate in the i-mode services alliance reached 270 million.

•

International services

–

Addition of handsets compatible with international roaming-out service

We increased the variety of handsets compatible with “WORLD WING”, international roaming-out services, when we added five handsets such as “SIMPURE L1” and “FOMA M702iG”, which are compatible with both 3G and GSM network overseas. We also released nine handsets including “FOMA 903i” series which are “WORLD WING” compatible and available for 3G network overseas.

–

Expansion of the service area

We steadily expanded the service area of international roaming-out services for voice calls and SMS to 150 countries and areas; for packet communications to 93 countries; and for videophone calls to 32 countries and areas, each as of December 31, 2006.

–

Development of alliance among mobile operators in Asia

In April 2006, we formed a strategic alliance with six Asian mobile operators, including Far EasTone Telecommunications Co., Ltd. in Taiwan, to cooperate in international roaming and development of mobile services for corporate accounts. In December 2006, we officially named the alliance “Conexus Mobile Alliance”, and added Smart Communications, Inc., the Philippines’ leading mobile operator, to the alliance. The members of the largest alliance in the Asian region, which expanded its coverage to over 130 million mobile subscribers, started working in collaboration to enhance their competitiveness in their own countries/regions by offering services such as roaming via HSDPA, in addition to conventional roaming via GSM/GPRS and/or W-CDMA networks.

Note:

ARPU: Average monthly revenue per unit

Average monthly revenue per unit, or ARPU, is used to measure average monthly operating revenues attributable to designated services on a per user basis. ARPU is calculated by dividing various revenue items included in operating revenues from our wireless services, such as monthly charges, voice transmission charges and packet transmission charges, from designated services which are incurred consistently each month, by number of active subscribers to the relevant services. Accordingly, the calculation of ARPU excludes revenues that are not representative of monthly average usage such as activation fees. We believe that our ARPU figures provide useful information to analyze the average usage of our subscribers and the impacts of changes in our billing arrangements. The revenue items included in the numerators of our ARPU figures are based on our U.S. GAAP results of operations. This definition applies to all ARPU figures hereinafter. See page 17 for the details of the calculation methods.


<Number of subscribers by services>	Thousand subscribers
	December 31, 2006	March 31, 2006	Increase (Decrease)
Cellular (FOMA) services	32,114	23,463	8,650		36.9	%
Cellular (mova) services	20,100	27,680	(7,580	)	(27.4	)
i-mode services	47,208	46,360	848		1.8

Note:

Number of i-mode subscribers as of December 31, 2006

= Cellular (FOMA) i-mode subscribers (30,929 thousand) + Cellular (mova) i-mode subscribers (16,279 thousand)

Number of i-mode subscribers as of March 31, 2006

= Cellular (FOMA) i-mode subscribers (22,914 thousand) + Cellular (mova) i-mode subscribers (23,446 thousand)


<Operating results>	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006		(UNAUDITED) Nine months ended December 31, 2005		Increase (Decrease)
Mobile phone business operating revenues	¥	3,547.9	¥	3,521.5	¥	26.4		0.7	%
Mobile phone business operating income		694.9		697.9		(3.0	)	(0.4	)

(2)

PHS business

Operating revenues were 18.7 billion yen and operating loss was 7.4 billion yen.

•

Ahead of the scheduled termination of PHS services during the three months ending December 31, 2007, we were continuously engaged in a campaign to encourage current PHS subscribers to migrate to FOMA services.

–

PHS ARPU for nine months ended December 31, 2006 was 3,110 yen (down 5.8% compared to the same period of the prior year).

Note:

See page 17 for the details of the ARPU calculation methods.


<Number of subscribers>	Thousand subscribers
	December 31, 2006	March 31, 2005	Increase (Decrease)
PHS services	530	771	(241	)	(31.2	)%


<Operating results>	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2005			Increase (Decrease)
PHS business operating revenues	¥	18.7		¥	33.2		¥	(14.6)	(43.9	)%
PHS business operating loss		(7.4	)		(3.1	)	(4.3	)	(137.9	)

(3)

Miscellaneous businesses

Operating revenues were 30.5 billion yen and operating loss was 10.6 billion yen.

•

Credit business

–

“DCMX” mobile credit payment services

We steadily promoted our “DCMX” so that the number of “DCMX” subscribers exceeded 1 million in November 2006 and reached 1.39 million as of December 31, 2006.

–

Credit platform “iD”

We steadily expanded the number of the stores where “iD” reader/writers are available.

The number of “iD” reader/writers increased to approximately 100 thousand as of December 31, 2006.

We developed jointly with East Japan Railway Company the “common infrastructure (common reader/writer and common usage center)”, through which electronic payment becomes available for users of “iD” and “Suica”. We also agreed with other electronic commerce service providers to accommodate “QUICPay” and “Edy” to the “common infrastructure” as well.

–

The number of “Osaifu-Keitai” handsets increased to 18.3 million as of December 31, 2006.

•

Wireless LAN service

–

We completed coverage of our wireless LAN service in Tsukuba Express train. The number of our domestic hot spots increased to 1,541 as of December 31, 2006.

•

Launch of IP Phone service for corporate accounts

–

We launched a service called “Business mopera IP Centrex”, which enables users to call outbound or extension via IP Centrex device on our networks, instead of via traditional in-house PBX, with FOMA/wireless LAN compatible handset “FOMA N900iL”.

•

Quickcast service

–

Ahead of the scheduled termination of the Quickcast services on March 31, 2007, we continued to notify current Quickcast subscribers of such termination.


<Operating results>	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2005			Increase (Decrease)
Miscellaneous businesses operating revenues	¥	30.5		¥	27.5			¥ 3.0		10.8	%
Miscellaneous businesses operating loss		(10.6	)		(1.3	)		(9.3	)	(702.1	)

3.	Capital Expenditures

Total capital expenditures were 679.3 billion yen.

•

For reinforcement of our competitiveness prior to the introduction of the Mobile Number Portability, we built base stations at a record-high pace, expanded the coverage areas of FOMA services, improved network quality, and reinforced our FOMA network to meet the increase in traffic demand. We also continued our efforts to make capital expenditures more efficient and less costly by saving on equipment purchase costs and improving our design and construction processes. Total capital expenditures during the nine months ended December 31, 2006 increased by 11.6% compared to the same period of the prior year.


<Breakdown of capital expenditures>	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006		(UNAUDITED) Nine months ended December 31, 2005		Increase (Decrease)
Mobile phone business	¥	583.5	¥	515.4	¥	68.1	13.2	%
PHS business		0.9		0.7		0.2	27.1
Other (including information systems)		94.8		92.4		2.5	2.7

Total capital expenditures	¥	679.3	¥	608.5	¥	70.8	11.6	%

4.	Cash Flow Conditions

•

Net cash provided by operating activities was 582.0 billion yen (down 44.3% compared to the same period of the prior year). The combination of an increase in income tax payment and a decrease in refund of income taxes resulted in an increase in cash payment by 269.2 billion yen (we paid 89.4 billion yen for income taxes, net of a refund of income taxes, in the same period of the prior year, when deferred tax assets from the impairment of our investment in AT&T Wireless Services, Inc. were realized). The effect of a bank holiday at the end of December, which deferred our cash reception including cellular revenues to the following month, was 217.0 billion yen.

•

Net cash used in investing activities was 717.8 billion yen (down 9.6% compared to the same period of the prior year). An increase in acquisitions of tangible and intangible assets was more than offset by a decrease in acquisitions of long-term investments.

•

Net cash used in financing activities, including repurchase of our own stock, dividend payment, repayment of outstanding long-term debt, was 462.1 billion yen (up 4.5% compared to the same period of the prior year). A decrease in payment for repurchase of our own stock was more than offset by an increase in repayment of outstanding long-term debt and dividend payment. We spent 140.0 billion yen during the nine months ended December 31, 2006 to repurchase our own stock in the market.

•

Free cash flows were negative 135.7 billion yen. Free cash flows excluding irregular factors and changes in investments for cash management purposes were 31.9 billion yen.


<Statements of cash flows>	Billions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2005			Increase (Decrease)
Net cash provided by operating activities	¥	582.0		¥	1,044.7		¥ (462.7)		(44.3	)%
Net cash used in investing activities		(717.8	)		(794.0	)	76.3		9.6
Net cash used in financing activities		(462.1	)		(442.1	)	(20.0	)	(4.5	)
Free cash flows		(135.7	)		250.7		(386.4	)	—
Free cash flows excluding irregular factors and changes in investments for cash management purposes*		31.9			463.1		(431.2	)	(93.1	)

<Financial measures>	Nine months ended December 31, 2006			Nine months ended December 31, 2005			Increase (Decrease)
Equity ratio		68.2	%		63.0	%	5.2 point
Debt ratio		13.7	%		19.0	%	(5.3)point

Notes:

•

Free cash flows = Net cash provided by (used in) operating activities + Net cash provided by (used in) investing activities

•

Irregular factors = the effects of uncollected revenues due to a bank holiday at the end of the fiscal period

•

Changes in investments for cash management purposes = Changes by purchases, redemptions and disposal of financial instruments for cash management purposes with original maturities of longer than 3 months

•

Equity ratio = Shareholders’ equity / Total assets

•

Debt ratio = Interest bearing liabilities / (Shareholders’ equity + Interest bearing liabilities)

See the reconciliations to the most directly comparable financial measures calculated and presented in accordance with GAAP on page 18.

The products or company names shown in this Earnings Release are trademarks or registered trademarks of each corresponding company.

Consolidated Financial Statements

January 31, 2007

[U.S. GAAP]

For the Nine Months Ended December 31, 2006


Name of registrant:		NTT DoCoMo, Inc.
Code No.:		9437
Stock exchange on which the Company’s shares are listed:		Tokyo Stock Exchange-First Section
(URL http://www.nttdocomo.co.jp/)
Representative:		Masao Nakamura, Representative Director, President and Chief Executive Officer
Contact:		Masahiko Yamada, Senior Manager, General Affairs Department / TEL +81-3-5156-1111


1. Notes Related to the Preparation of the Consolidated Financial Statements

(1)	Adoption of simplified accounting methods:	No

(2)	Difference in the accounting policies from the most recent fiscal year:	No

(3)	Change of reporting entities


Number of consolidated companies added:	3	Number of consolidated companies removed:	6
Number of companies on equity method added:	1	Number of companies on equity method removed:	0

2. Consolidated Financial Results for the Nine Months Ended December 31, 2006 (April 1, 2006 - December 31, 2006)

(1)	Consolidated Results of Operations

Amounts are rounded off to the nearest 1 million yen.


	(Millions of yen, except per share amounts)
	Operating Revenues			Operating Income			Income before Income Taxes			Net Income
Nine months ended December 31, 2006	3,597,020	0.4	%	676,912	(2.4	)%	680,704	(16.1	)%	403,692	(21.8	)%
Nine months ended December 31, 2005	3,582,248	(1.7	)%	693,480	(7.7	)%	811,189	(35.1	)%	516,399	(31.7	)%

Year ended March 31, 2006	4,765,872			832,639			952,303			610,481


	Basic Earnings per Share		Diluted Earnings per Share

Nine months ended December 31, 2006	9,154.91	(yen)	9,154.91	(yen)
Nine months ended December 31, 2005	11,352.77	(yen)	11,352.77	(yen)

Year ended March 31, 2006	13,491.28	(yen)	13,491.28	(yen)


Notes:	1.	The weighted average number of shares outstanding:	For the nine months ended December 31, 2006:	44,095,706 shares
			For the nine months ended December 31, 2005:	45,486,620 shares
			For the fiscal year ended March 31, 2006:	45,250,031 shares

	2.	Percentage for operating revenues, operating income, income before income taxes and net income in the above tables represent changes compared to the corresponding previous periods.

(2)	Consolidated Financial Position


	(Millions of yen, except per share amounts)
	Total Assets	Shareholders’ Equity	Equity Ratio (Ratio of Shareholders’ Equity to Total Assets)		Shareholders’ Equity per Share
December 31, 2006	6,053,063	4,128,324	68.2	%	94,515.76	(yen)
December 31, 2005	6,295,347	3,967,033	63.0	%	89,016.07	(yen)

March 31, 2006	6,365,257	4,052,017	63.7	%	91,109.33	(yen)

Note:

The number of shares outstanding as of December 31, 2006 and 2005, and March 31, 2006 was 43,678,684, 44,565,359 and 44,474,227, respectively.


(3) Consolidated Cash Flows	(Millions of yen)
	Cash Flows from Operating Activities	Cash Flows from Investing Activities		Cash Flows from Financing Activities		Cash and Cash Equivalents at End of Period
Nine months ended December 31, 2006	582,048	(717,781	)	(462,076	)	243,330
Nine months ended December 31, 2005	1,044,703	(794,043	)	(442,077	)	579,964

Year ended March 31, 2006	1,610,941	(951,077	)	(590,621	)	840,724

3. Consolidated Financial Results Forecasts for the Fiscal Year Ending March 31, 2007 (April 1, 2006 - March 31, 2007)

(Reference) Forecasted earnings per share: 11,172.50 yen


Notes:		1. There has been no change in our forecasts for the fiscal year ending March 31, 2007 since we announced the forecasts on October 27, 2006.
		2. With regard to the above forecasts, please refer to page 19.

*	Consolidated financial statements are unaudited.

<< Consolidated Financial Statements >>

1.	Consolidated Balance Sheets


	Millions of yen
	(UNAUDITED) December 31, 2006			(UNAUDITED) December 31, 2005			Increase (Decrease)					March 31, 2006
ASSETS
Current assets:
Cash and cash equivalents	¥	243,330		¥	579,964		¥	(336,634	)	(58.0	)%	¥	840,724
Short-term investments		152,110 186,726			186,726			(34,616	)	(18.5	)		51,237
Accounts receivable		890,572			915,895			(25,323	)	(2.8	)		609,837
Allowance for doubtful accounts		(13,147	)		(14,960	)		1,813		12.1			(14,740	)
Inventories		168,713			121,513			47,200		38.8			229,523
Deferred tax assets		82,227			100,329			(18,102	)	(18.0	)		111,795
Prepaid expenses and other current assets		161,898			99,432			62,466		62.8			98,382

Total current assets		1,685,703			1,988,899			(303,196	)	(15.2	)		1,926,758

Property, plant and equipment:
Wireless telecommunications equipment		5,050,226			4,622,924			427,302		9.2			4,743,136
Buildings and structures		766,361			718,409			47,952		6.7			736,660
Tools, furniture and fixtures		615,499			604,378			11,121		1.8			610,759
Land		198,660			197,549			1,111		0.6			197,896
Construction in progress		131,353			154,205			(22,852	)	(14.8	)		134,240
Accumulated depreciation and amortization		(3,878,783	)		(3,562,300	)		(316,483	)	(8.9	)		(3,645,237	)

Total property, plant and equipment, net		2,883,316			2,735,165			148,151		5.4			2,777,454

Non-current investments and other assets:
Investments in affiliates		187,046			170,437			16,609		9.7			174,121
Marketable securities and other investments		269,218			279,314			(10,096	)	(3.6	)		357,824
Intangible assets, net		547,917			539,543			8,374		1.6			546,304
Goodwill		141,083			140,510			573		0.4			141,094
Other assets		216,299			265,422			(49,123	)	(18.5	)		264,982
Deferred tax assets		122,481			176,057			(53,576	)	(30.4	)		176,720

Total non-current investments and other assets		1,484,044			1,571,283			(87,239	)	(5.6	)		1,661,045

Total assets	¥	6,053,063		¥	6,295,347		¥	(242,284	)	(3.8	)%	¥	6,365,257

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	¥	149,600		¥	273,439		¥	(123,839	)	(45.3	)%	¥	193,723
Short-term borrowings		108			160			(52	)	(32.5	)		152
Accounts payable, trade		706,560			751,242			(44,682	)	(5.9	)		808,136
Accrued payroll		28,067			28,931			(864	)	(3.0	)		41,799
Accrued interest		1,378			1,749			(371	)	(21.2	)		1,264
Accrued income taxes		35,558			104,171			(68,613	)	(65.9	)		168,587
Other current liabilities		140,918			168,863			(27,945	)	(16.5	)		154,638

Total current liabilities		1,062,189			1,328,555			(266,366	)	(20.0	)		1,368,299

Long-term liabilities:
Long-term debt (exclusive of current portion)		504,289			655,476			(151,187	)	(23.1	)		598,530
Liability for employees’ retirement benefits		141,357			145,566			(4,209	)	(2.9	)		135,511
Other long-term liabilities		215,753			197,491			18,262		9.2			209,780

Total long-term liabilities		861,399			998,533			(137,134	)	(13.7	)		943,821

Total liabilities		1,923,588			2,327,088			(403,500	)	(17.3	)		2,312,120

Minority interests in consolidated subsidiaries		1,151			1,226			(75	)	(6.1	)		1,120

Shareholders’ equity:
Common stock		949,680			949,680			—		—			949,680
Additional paid-in capital		1,311,013			1,311,013			—		—			1,311,013
Retained earnings		2,439,569			2,481,316			(41,747	)	(1.7	)		2,212,739
Accumulated other comprehensive income		16,280			19,879			(3,599	)	(18.1	)		26,781
Treasury stock, at cost		(588,218	)		(794,855	)		206,637		26.0			(448,196	)

Total shareholders’ equity		4,128,324			3,967,033			161,291		4.1			4,052,017

Total liabilities and shareholders’ equity	¥	6,053,063		¥	6,295,347		¥	(242,284	)	(3.8	)%	¥	6,365,257

2.	Consolidated Statements of Income and Comprehensive Income


	Millions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2005			Increase (Decrease)					Year ended March 31, 2006
Operating revenues:
Wireless services	¥	3,248,760		¥	3,229,041		¥	19,719		0.6	%	¥	4,295,856
Equipment sales		348,260			353,207			(4,947	)	(1.4	)		470,016
Total operating revenues		3,597,020			3,582,248			14,772		0.4			4,765,872

Operating expenses:
Cost of services (exclusive of items shown separately below)		545,157			547,425			(2,268	)	(0.4	)		746,099
Cost of equipment sold (exclusive of items shown separately below)		892,223			833,360			58,863		7.1			1,113,464
Depreciation and amortization		537,362			532,720			4,642		0.9			738,137
Selling, general and administrative		945,366			975,263			(29,897	)	(3.1	)		1,335,533
Total operating expenses		2,920,108			2,888,768			31,340		1.1			3,933,233

Operating income		676,912			693,480			(16,568	)	(2.4	)		832,639

Other income (expense):
Interest expense		(4,292	)		(6,449	)		2,157		33.4			(8,420	)
Interest income		1,036			4,285			(3,249	)	(75.8	)		4,659
Gain on sale of affiliate shares		—			61,962			(61,962	)	(100.0	)		61,962
Gain on sale of other investments		5			40,030			(40,025	)	(100.0	)		40,088
Other, net		7,043			17,881			(10,838	)	(60.6	)		21,375
Total other income (expense)		3,792			117,709			(113,917	)	(96.8	)		119,664

Income before income taxes		680,704			811,189			(130,485	)	(16.1	)		952,303

Income taxes		276,730			293,931			(17,201	)	(5.9	)		341,382
Equity in net income (losses) of affiliates		(247	)		(862	)		615		71.3			(364	)
Minority interests in consolidated subsidiaries		(35	)		3			(38	)	—			(76	)

Net income	¥	403,692		¥	516,399		¥	(112,707	)	(21.8	)%	¥	610,481

Other comprehensive income (loss):
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes		(10,675	)		6,928			(17,603	)	—			7,662
Net revaluation of financial instruments, net of applicable taxes		18			87			(69	)	(79.3	)		121
Foreign currency translation adjustment, net of applicable taxes		104			(44,964	)		45,068		—			(42,597	)
Minimum pension liability adjustment, net of applicable taxes		52			219			(167	)	(76.3	)		3,986

Comprehensive income	¥	393,191		¥	478,669		¥	(85,478	)	(17.9	)%	¥	579,653


PER SHARE DATA
Weighted average common shares outstanding – basic and diluted (shares)		44,095,706			45,486,620			(1,390,914	)	(3.1	)		45,250,031

Basic and diluted earnings per share (Yen)	¥	9,154.91		¥	11,352.77		¥	(2,197.86	)	(19.4	)%	¥	13,491.28

3.	Consolidated Statements of Shareholders’ Equity


	Millions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2005			Increase (Decrease)					Year ended March 31, 2006
Common stock:
At beginning of period	¥	949,680		¥	949,680		¥	—		—	%	¥	949,680

At end of period		949,680			949,680			—		—			949,680

Additional paid-in capital:
At beginning of period		1,311,013			1,311,013			—		—			1,311,013

At end of period		1,311,013			1,311,013			—		—			1,311,013

Retained earnings:
At beginning of period		2,212,739			2,100,407			112,332		5.3			2,100,407
Cash dividends		(176,862	)		(135,490	)		(41,372	)	(30.5	)		(135,490	)
Retirement of treasury stock		—			—			—		—			(362,659	)
Net income		403,692			516,399			(112,707	)	(21.8	)		610,481

At end of period		2,439,569			2,481,316			(41,747	)	(1.7	)		2,212,739

Accumulated other comprehensive income:
At beginning of period		26,781			57,609			(30,828	)	(53.5	)		57,609
Unrealized holding gains (losses) on available-for-sale securities		(10,675	)		6,928			(17,603	)	—			7,662
Net revaluation of financial instruments		18			87			(69	)	(79.3	)		121
Foreign currency translation adjustment		104			(44,964	)		45,068		—			(42,597	)
Minimum pension liability adjustment		52			219			(167	)	(76.3	)		3,986

At end of period		16,280			19,879			(3,599	)	(18.1	)		26,781

Treasury stock, at cost:
At beginning of period		(448,196	)		(510,777	)		62,581		12.3			(510,777	)
Purchase of treasury stock		(140,022	)		(284,078	)		144,056		50.7			(300,078	)
Retirement of treasury stock		—			—			—		—			362,659

At end of period		(588,218	)		(794,855	)		206,637		26.0			(448,196	)

Total shareholders’ equity	¥	4,128,324		¥	3,967,033		¥	161,291		4.1	%	¥	4,052,017

4.	Consolidated Statements of Cash Flows


	Millions of yen
	(UNAUDITED) Nine months ended December 31, 2006			(UNAUDITED) Nine months ended December 31, 2005			Year ended March 31, 2006
I Cash flows from operating activities:
1. Net income	¥	403,692		¥	516,399		¥	610,481
2. Adjustments to reconcile net income to net cash provided by operating activities:
(1) Depreciation and amortization		537,362			532,720			738,137
(2) Deferred taxes		89,443			65,345			49,101
(3) Loss on sale or disposal of property, plant and equipment		28,605			17,100			36,000
(4) Gain on sale of affiliate shares		—			(61,962	)		(61,962	)
(5) Gain on sale of other investments		(5	)		(40,030	)		(40,088	)
(6) Expense associated with sale of other investments		—			14,062			14,062
(7) Equity in net (income) losses of affiliates		(13	)		253			(1,289	)
(8) Minority interests in consolidated subsidiaries		35			(3	)		76
(9) Changes in assets and liabilities:
(Increase) decrease in accounts receivable		(280,735	)		(285,661	)		21,345
Decrease in allowance for doubtful accounts		(1,593	)		(2,405	)		(3,623	)
Increase (decrease) in inventories		60,810			34,917			(73,094	)
(Increase) decrease in prepaid expenses and other current assets		(63,047	)		108,166			109,192
(Decrease) increase in accounts payable, trade		(60,216	)		50,261			45,108
(Decrease) increase in accrued income taxes		(133,029	)		46,725			111,141
(Decrease) increase in other current liabilities		(13,528	)		36,256			17,641
Increase (decrease) in liability for employees’ retirement benefits		5,846			6,677			(3,378	)
Increase in other long-term liabilities		8,345			12,758			24,725
Other, net		76			(6,875	)		17,366

Net cash provided by operating activities		582,048			1,044,703			1,610,941

II Cash flows from investing activities:
1. Purchases of property, plant and equipment		(570,680	)		(470,665	)		(638,590	)
2. Purchases of intangible and other assets		(163,408	)		(148,422	)		(195,277	)
3. Purchases of non-current investments		(24,418	)		(214,777	)		(292,556	)
4. Proceeds from sale and redemption of non-current investments		50,051			25,142			25,142
5. Purchases of short-term investments		(3,158	)		(251,403	)		(252,474	)
6. Redemption of short-term investments		2,533			365,000			501,433
7. Collection of loan advances		—			228			229
8. Long-term bailment for consumption to a related party		—			(100,000	)		(100,000	)
9. Other, net		(8,701	)		854			1,016

Net cash used in investing activities		(717,781	)		(794,043	)		(951,077	)

III Cash flows from financing activities:
1. Repayment of long-term debt		(142,323	)		(19,189	)		(150,304	)
2. Proceeds from short-term borrowings		17,288			27,000			27,002
3. Repayment of short-term borrowings		(17,332	)		(27,000	)		(27,010	)
4. Principal payments under capital lease obligations		(2,823	)		(3,319	)		(4,740	)
5. Payments to acquire treasury stock		(140,022	)		(284,078	)		(300,078	)
6. Dividends paid		(176,862	)		(135,490	)		(135,490	)
7. Other, net		(2	)		(1	)		(1	)

Net cash used in financing activities		(462,076	)		(442,077	)		(590,621	)

IV Effect of exchange rate changes on cash and cash equivalents		415			1,429			1,529

V Net (decrease) increase in cash and cash equivalents		(597,394	)		(189,988	)		70,772
VI Cash and cash equivalents at beginning of period		840,724			769,952			769,952

VII Cash and cash equivalents at end of period	¥	243,330		¥	579,964		¥	840,724


Supplemental disclosures of cash flow information:
Cash received during the period for:
Income taxes	¥	920		¥	93,103		¥	93,103
Cash paid during the period for:
Interest		4,177			6,210			8,666
Income taxes		359,458			182,471			182,914
Non-cash investing and financing activities:
Retirement of treasury stock		—			—			362,659

Notes to Unaudited Consolidated Financial Statements

The accompanying unaudited consolidated financial information of NTT DoCoMo, Inc. and its subsidiaries (collectively “DoCoMo”) has been prepared in accordance with accounting principles generally accepted in the United States of America.

The followings are explanations regarding the adoption of new accounting standards in the nine months ended December 31, 2006 and the summary of revenue recognition.

1.	Adoption of new accounting standards

Inventory Pricing

Effective April 1, 2006, DoCoMo adopted Statement of Financial Accounting Standards (“SFAS”) No. 151, “Inventory Costs -an amendment of Accounting Research Bulletin (“ARB”) No. 43, Chapter 4” issued by the Financial Accounting Standards Board (“FASB”). SFAS No. 151 amends the guidance in ARB No. 43, Chapter 4, “Inventory Pricing”, to clarify the accounting for abnormal amounts of idle facility expense, freight, handling costs, and wasted material (spoilage). ARB No. 43, Chapter 4 previously stated that such costs might be so abnormal as to require treatment as current period charges. SFAS No. 151 requires that those items be recognized as current-period charges regardless of whether they meet the criterion of “so abnormal”. In addition, SFAS No. 151 requires that allocation of fixed production overheads to the costs of conversion be based on the normal capacity of the production facilities. The adoption of SFAS No. 151 did not have any impact on DoCoMo’s results of operations and financial position.

Exchanges of Non-monetary Assets

Effective April 1, 2006, DoCoMo adopted SFAS No. 153, “Exchanges of Non-monetary Assets -an amendment of Accounting Principles Board (“APB”) Opinion No. 29” issued by the FASB. The amendment eliminates the exception for non-monetary exchanges of similar productive assets and replaces it with a general exception for exchanges of non-monetary assets that do not have commercial substance. The adoption of SFAS No. 153 did not have any impact on DoCoMo’s results of operations and financial position.

Accounting Changes and Error Corrections

Effective April 1, 2006, DoCoMo adopted SFAS No. 154, “Accounting Changes and Error Corrections -a replacement of APB Opinion No.20 and the FASB statement No.3” issued by the FASB. SFAS No. 154 replaces APB Opinion No. 20 (“APB No. 20”), “Accounting Changes”, and SFAS No. 3, “Reporting Accounting Changes in Interim Financial Statements”, and changes the requirements for the accounting for and reporting of a change in accounting principle. APB No. 20 previously required that most voluntary changes in accounting principle be recognized by including in net income of the period of the change the cumulative effect of changing to the new accounting principle. SFAS No. 154 requires retrospective application to prior periods’ financial statements of changes in accounting principle. The adoption of SFAS No. 154 did not have any impact on DoCoMo’s results of operations and financial position. DoCoMo will continue to apply the requirements of SFAS No. 154 to any future accounting changes and error corrections.

2.	Summary of Revenue recognition

Base monthly service charges and airtime charges are recognized as revenues as service is provided to subscribers. DoCoMo’s monthly billing plans for cellular (FOMA and mova) services generally include a certain amount of allowances (free minutes and/or packets), and the used amount of the allowances is subtracted from total usage in calculating the airtime revenue from a subscriber for the month. Prior to November 2003, the total amount of the base monthly charges was recognized as revenues in the month they were charged as subscribers could not carry over the unused allowances to the following months. In November 2003, DoCoMo introduced a billing arrangement, called “Nikagetsu Kurikoshi” (two-month carry over), in which the unused allowances are automatically carried over for up to the following two months. In addition, DoCoMo introduced an arrangement which enables the unused allowances offered in and after December 2004 that have been carried over for two months to be automatically used to cover the airtime and/or packet fees exceeding the allowances of other lines in the “Family Discount” group, a discount billing arrangement for families with between two and ten DoCoMo subscriptions. Until the year ended March 31, 2006, DoCoMo had deferred revenues based on the portion of all unused allowances at the end of the period. The deferred revenues had been recognized as revenues as subscribers make calls or utilize data connections, similar to the way airtime revenues are recognized, or as the allowance expires. As DoCoMo developed sufficient empirical evidence to reasonably estimate the portion of allowances that will be forfeited as unused, effective April 1, 2006, DoCoMo started to recognize the revenue attributable to such forfeited allowances ratably as the remaining allowances are utilized, in addition to the revenue recognized when subscribers make calls or utilize data connections. The effect of this accounting change was not material for DoCoMo’s results of operations and financial position.

Certain commissions paid to purchasers (primarily agent resellers) are recognized as a reduction of revenue upon delivery of the equipment to the purchasers (primarily agent resellers) in accordance with Emerging Issues Task Force Issue No. 01-09, “Accounting for Consideration Given by a Vendor to a Customer (Including a Reseller of the Vendor’s Products).”

Non-recurring upfront fees such as activation fees are deferred and recognized as revenues over the estimated average period of the customer relationship for each service. The related direct costs are deferred only to the extent of the upfront fee amount and are amortized over the same period.

(APPENDIX 1)

Operation Data for 3rd Quarter of FY2006


		Full-year forecast: As revised at Oct. 27, 2006
		[Ref.] Fiscal 2005 (Ended Mar. 31, 2006) Full-year result	Fiscal 2006 Nine months (Apr.-Dec. 2006) Results	[Ref.] First Quarter (Apr.-Jun. 2006) Results	[Ref.] Second Quarter (Jul.-Sep. 2006) Results	Third Quarter (Oct.-Dec. 2006) Results	[Ref.] Fiscal 2006 (Ending Mar. 31, 2007) Full-year forecast
*Cellular*
Subscribers	thousands	51,144	52,214	51,672	52,103	52,214	53,000
FOMA	thousands	23,463	32,114	26,217	29,098	32,114	34,800
mova	thousands	27,680	20,100	25,456	23,004	20,100	18,200
Market share ^(1) (2)	%	55.7	55.0	55.6	55.5	55.0	—
Net increase from previous period ⁽²⁾	thousands	2,319	1,070	529	431	111	1,856
FOMA ⁽²⁾	thousands	11,963	8,650	2,753	2,882	3,015	11,337
mova ⁽²⁾	thousands	-9,644	-7,580	-2,225	-2,451	-2,904	-9,480
Aggregate ARPU (FOMA+mova) ⁽³⁾	yen/month/contract	6,910	6,760	6,900	6,720	6,670	6,670
Voice ARPU ⁽⁴⁾	yen/month/contract	5,030	4,780	4,930	4,740	4,660	4,700
Packet ARPU	yen/month/contract	1,880	1,980	1,970	1,980	2,010	1,970
i-mode ARPU	yen/month/contract	1,870	1,970	1,950	1,960	1,990	1,950
ARPU generated purely from i-mode (FOMA+mova) ⁽³⁾	yen/month/contract	2,040	2,140	2,120	2,140	2,160	2,120
Aggregate ARPU (FOMA) ⁽³⁾	yen/month/contract	8,700	8,000	8,300	7,970	7,780	7,810
Voice ARPU ⁽⁴⁾	yen/month/contract	5,680	5,200	5,420	5,180	5,030	5,080
Packet ARPU	yen/month/contract	3,020	2,800	2,880	2,790	2,750	2,730
i-mode ARPU	yen/month/contract	2,980	2,770	2,840	2,760	2,720	2,690
ARPU generated purely from i-mode (FOMA) ⁽³⁾	yen/month/contract	3,040	2,850	2,910	2,840	2,800	2,770
Aggregate ARPU (mova ) ⁽³⁾	yen/month/contract	5,970	5,300	5,540	5,240	5,070	5,200
Voice ARPU ⁽⁴⁾	yen/month/contract	4,680	4,280	4,460	4,220	4,130	4,220
i-mode ARPU	yen/month/contract	1,290	1,020	1,080	1,020	940	980
ARPU generated purely from i-mode (mova) ⁽³⁾	yen/month/contract	1,460	1,190	1,260	1,190	1,110	1,150
MOU (FOMA+mova) ^(3) (5)	minute/month/contract	149	146	145	146	146	—
MOU (FOMA) ^(3) (5)	minute/month/contract	202	179	181	180	175	—
MOU (mova) ^(3) (5)	minute/month/contract	122	107	110	106	103	—
Churn Rate ⁽²⁾	%	0.77	0.72	0.64	0.60	0.93	—
*i-mode*
Subscribers	thousands	46,360	47,208	46,823	47,186	47,208	47,900
FOMA	thousands	22,914	30,929	25,511	28,199	30,929	—
i-appli^TM compatible ⁽⁶⁾	thousands	36,058	39,621	37,314	38,540	39,621	—
i-mode Subscription Rate ⁽²⁾	%	90.6	90.4	90.6	90.6	90.4	90.4
Net increase from previous period	thousands	2,339	848	463	364	21	1,540
i-Menu Sites (FOMA)⁽⁷⁾	sites	6,028	8,083	6,590	7,271	8,083	—
i-Menu Sites (mova)⁽⁷⁾	sites	5,043	5,566	5,158	5,340	5,566	—
Access Percentage by Content Category
Ringing tone/Screen	%	21	13	15	12	11	—
Game/Horoscope	%	24	23	23	21	24	—
Entertainment Information	%	27	32	31	34	32	—
Information	%	12	14	14	15	13	—
Database	%	5	6	6	7	7	—
Transaction	%	11	12	11	11	13	—
Percentage of Packets Transmitted
Web	%	96	97	97	97	98	—
Mail	%	4	3	3	3	2	—
*PHS*
Subscribers	thousands	771	530	679	606	530	390
Market Share⁽¹⁾	%	16.4	10.8	14.2	12.4	10.8	—
Net increase from previous period	thousands	-543	-241	-92	-74	-75	-381
ARPU ⁽⁴⁾	yen/month/contract	3,280	3,110	3,170	3,080	3,090	—
MOU ^(5) (8)	minute/month/contract	72	59	62	58	56	—
Data transmission rate (time) ⁽⁸⁾⁽⁹⁾	%	76.2	76.8	76.7	77.2	76.5	—
Churn Rate	%	4.64	4.18	4.28	3.85	4.44	—
*Others*
Prepaid Subscribers ⁽¹⁰⁾	thousands	53	46	49	47	46	—
Communication Module Service Subscribers ⁽¹⁰⁾	thousands	665	924	733	799	924	990
FOMA Ubiquitous plan ⁽¹¹⁾	thousands	1	188	40	82	188	—
DoPa Single Service ⁽¹²⁾	thousands	665	736	693	717	736	—

*	International service-related revenues have been included in the ARPU data calculation from the fiscal year ended Mar. 31, 2006, due to its growing contribution to total revenues.

[Notes associated with the above-mentioned change]

•

International service-related ARPU included in the results for FY2005, the full-year forecasts, the first quarter, the second quarter, the third quarter and the nine months results of FY2006 are as below:

FY2005

(Ended Mar. 31, 2006)
Full-year results

FY2006

Nine Months
(Apr.-Dec. 2006)
Results

First Quarter

(Apr.-Jun. 2006)
Results

Second Quarter
(Jul.-Sep. 2006)
Results

Third Quarter
(Oct.-Dec. 2006)
Results

FY2006

(Ending Mar. 31, 2007)
Full-year forecasts

Aggregate ARPU
(FOMA+mova)

40yen

50yen

60yen

Aggregate ARPU
(FOMA)

70yen

80yen

70yen

80yen

Aggregate ARPU
(mova)

30yen

20yen

*	Please refer to the attached sheet (P.17) for an explanation of the methods used to calculate ARPU, and the number of active subscribers used in calculating ARPU, MOU and Churn Rate.

(1)	Source for other cellular telecommunications operators: Data announced by Telecommunications Carriers Association

(2)	Data are calculated including Communication Module Service subscribers.

(3)	Data are calculated excluding Communication Module Services-related revenues and Communication Module Services subscribers.

(4)	Inclusive of circuit-switched data communications

(5)	MOU (Minutes of Usage): Average communication time per one month per one user

(6)	Sum of FOMA handsets and mova handsets

(7)	The number of i-menu Sites charged per view are added to the existing number of i-menu Sites charged with fixed monthly fee.

(8)	Not inclusive of data communication time via @FreeD service

(9)	Percentage of data traffic to total outbound call time

(10)	Included in total cellular subscribers

(11)	Included in FOMA subscribers

(12)	Included in mova subscribers

(APPENDIX 2)

ARPU Calculation Methods

1. ARPU (Average monthly Revenue Per Unit)^*1

ARPU (FOMA + mova)

Aggregate ARPU (FOMA+mova)=Voice ARPU (FOMA+mova) + Packet ARPU (FOMA+mova)

Voice ARPU (FOMA+mova) : Voice ARPU (FOMA+mova) Related Revenues (monthly charges, voice transmission charges) / No. of active cellular phone subscribers (FOMA+mova)

Packet ARPU (FOMA+mova) : {Packet ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges)+ i-mode ARPU (mova) Related Revenues (monthly charges, packet transmission charges)}/ No. of active cellular phone subscribers (FOMA+mova)

i-mode ARPU (FOMA+mova)^*² : i-mode ARPU (FOMA+mova) Related Revenues (monthly charges, packet transmission charges) / No. of active cellular phone subscribers (FOMA+mova)

ARPU generated purely from i-mode (FOMA+mova)^*³ : i-mode ARPU (FOMA+mova) Related Revenues (monthly charges, packet transmission charges) / No. of active i-mode subscribers (FOMA+mova)

ii)

ARPU (FOMA)

Aggregate ARPU (FOMA)=Voice ARPU (FOMA) + Packet ARPU (FOMA)

Voice ARPU (FOMA) : Voice ARPU (FOMA) Related Revenues (monthly charges, voice transmission charges) / No. of active cellular phone subscribers (FOMA)

Packet ARPU (FOMA) : Packet ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges) / No. of active cellular phone subscribers (FOMA)

i-mode ARPU^*² (FOMA) : i-mode ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges) / No. of active cellular phone subscribers (FOMA)

ARPU generated purely from i-mode (FOMA)^*³ : i-mode ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges) / No. of active i-mode subscribers (FOMA)

iii)

ARPU (mova)

Aggregate ARPU (mova)=Voice ARPU (mova) + i-mode ARPU (mova)

Voice ARPU (mova) : Voice ARPU (mova) Related Revenues (monthly charges, voice transmission charges) / No. of active cellular phone subscribers (mova)

i-mode ARPU (mova)^*² : i-mode ARPU (mova) Related Revenues (monthly charges, packet transmission charges) / No. of active cellular phone subscribers (mova)

ARPU generated purely from i-mode (mova)^*³ : i-mode ARPU (mova) Related Revenues (monthly charges, packet transmission charges) / No. of active i-mode subscribers (mova)

iv)

ARPU (PHS)

ARPU (PHS) : ARPU (PHS) Related Revenues (monthly charges, voice transmission charges) / No. of active PHS subscribers

2. Active Subscribers Calculation Methods

No. of active subscribers used in ARPU/MOU/Churn Rate calculations are sum of No. of active subscribers^*⁴ for each month.

Communication Module service subscribers and the revenues thereof are not included in the ARPU and MOU calculations.

The denominator used in calculating i-mode ARPU (FOMA+mova, FOMA, mova) is the aggregate number of cellular subscribers to each service (FOMA+mova, FOMA, mova, respectively), regardless of whether i-mode service is activated or not.

ARPU generated purely from i-mode (FOMA+mova, FOMA, mova) is calculated using only the number of active i-mode subscribers as a denominator.

active subscribers = (No. of subscribers at the end of previous month + No. of subscribers at the end of current month) / 2

(APPENDIX 3)

Reconciliations of the Disclosed Non-GAAP Financial Measures to

the Most Directly Comparable GAAP Financial Measures

1. EBITDA and EBITDA margin


	Billions of yen
	Nine months ended December 31, 2006			Nine months ended December 31, 2005
a. EBITDA	¥	1,242.9		¥	1,243.3

Depreciation and amortization		(537.4	)		(532.7	)
Losses on sale or disposal of property, plant and equipment		(28.6	)		(17.1	)

Operating income		676.9			693.5

Other income (expense)		3.8			117.7
Income taxes		(276.7	)		(293.9	)
Equity in net losses of affiliates		(0.2	)		(0.9	)
Minority interests in consolidated subsidiaries		(0.0	)		0.0

b. Net income		403.7			516.4

c. Total operating revenues		3,597.0			3,582.2

EBITDA margin (=a/c)		34.6	%		34.7	%
Net income margin (=b/c)		11.2	%		14.4	%

Note:

EBITDA and EBITDA margin, as we use them, are different from EBITDA as used in Item 10(e) of regulation S-K and may not be comparable to similarly titled measures used by other companies.

2. Free cash flows excluding irregular factors and changes in investments for cash management purpose


	Billions of yen
	Nine months ended December 31, 2006			Nine months ended December 31, 2005
Free cash flows excluding irregular factors and changes in investments for cash management purpose	¥	31.9		¥	463.1

Irregular factors (1)		(217.0	)		(226.0	)
Changes of investments for cash management purpose (2)		49.4			13.6

Free cash flows		(135.7	)		250.7

Net cash used in investing activities		(717.8	)		(794.0	)
Net cash provided by operating activities		582.0			1,044.7


Notes:	(1)	Irregular factors represent the effects of uncollected revenues due to a bank holiday at the end of nine months ended December 31, 2005 and 2006.
	(2)	Changes in investments for cash management purpose were derived from purchases, redemption at maturity and disposals of financial instruments held for cash management purpose with original maturities of longer than three months.

Special Note Regarding Forward-Looking Statements

This Earnings Release contains forward-looking statements such as forecasts of results of operations, management strategies, objectives and plans, forecasts of operational data such as expected number of subscribers, and expected dividend payments. All forward-looking statements that are not historical facts are based on management’s current plans, expectations, assumptions and estimates based on the information currently available. Some of the projected numbers in this report were derived using certain assumptions that are indispensable for making such projections in addition to historical facts. These forward-looking statements are subject to various known and unknown risks, uncertainties and other factors that could cause our actual results to differ materially from those contained in or suggested by any forward-looking statement. Potential risks and uncertainties include, without limitation, the following:

•

As competition in the market is expected to become more fierce due to changes in the business environment caused by the introduction of Mobile Number Portability and new market entrants, competition from other cellular service providers or other technologies could limit our acquisition of new subscribers, retention of existing subscribers and average revenue per unit (ARPU), or may lead to an increase in our costs and expenses.

•

The new services and usage patterns introduced by our corporate group may not develop as planned, which could limit our growth.

•

The introduction or change of various laws or regulations or the application of such laws and regulations to our corporate group may adversely affect our financial condition and results of operations.

•

Limitations in the amount of frequency spectrum or facilities made available to us could negatively affect our ability to maintain and improve our service quality and level of customer satisfaction.

•

The W-CDMA technology that we use for our 3G system and/or mobile multimedia services may not be introduced by other overseas operators, which could limit our ability to offer international services to our subscribers.

•

Our domestic and international investments, alliances and collaborations may not produce the returns or provide the opportunities we expect.

•

As electronic payment capability and many other new features are built into our cellular phones, and services of parties other than those belonging to our corporate group are provided through our cellular handsets, potential problems resulting from malfunctions, defects or loss of handsets, or imperfection of services provided by such other parties may arise, which could have an adverse effect on our financial condition and results of operations.

•

Social problems that could be caused by misuse or misunderstanding of our products and services may adversely affect our credibility or corporate image.

•

Inadequate handling of subscriber information by our corporate group or contractors may adversely affect our credibility or corporate image.

•

Owners of intellectual property rights that are essential for our business execution may not grant us the right to license or otherwise use such intellectual property rights on acceptable terms or at all, which may limit our ability to offer certain technologies, products and/or services, and we may also be held liable for damage compensation if we infringe the intellectual property rights of others.

•

Earthquakes, power shortages, malfunctioning of equipment, and software bugs, computer viruses, cyber attacks, hacking, unauthorized access and other problems could cause systems failures in the networks required for the provision of service, disrupting our ability to offer services to our subscribers and may adversely affect our credibility or corporate image.

•

Concerns about wireless telecommunications health risks may adversely affect our financial condition and results of operations.

•

Our parent company, Nippon Telegraph and Telephone Corporation (NTT), could exercise influence that may not be in the interests of our other shareholders.

NTT DoCoMo, Inc.

Results for the third quarter

of the fiscal year

ending March 31, 2007

January 31, 2007

(C)

2007

NTT

DoCoMo,

Inc.

All

rights

reserved.

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Forward-Looking Statements

The

forecasts

presented

herein

are

forward-looking

statements

within

the

meaning

Section

27A

the

U.S.

Securities

Act

1933

and

Section 21E of the U.S. Securities Exchange Act of 1934. Statements made in this presentation with respect to DoCoMo’s plans, objectives,

projected financials, operational figures, beliefs and other statements that are not historical facts are forward-looking statements about the future

performance of DoCoMo which are based on management’s expectations, assumptions, estimates, projections and beliefs in light of information

currently available to it. These forward-looking statements, such as statements regarding the introduction of new products and services or

termination or suspension of existing services, financial and operational forecasts, dividend payments, the growth of the Japanese cellular

market and the ubiquitous services market, the growth of data usage, the growth of DoCoMo’s cellular phone business, the migration of users

to DoCoMo’s 3G services and associated improvements in 3G services, improvements in 3G and 2G coverage area, the potential growth in the

Japanese credit card business and DoCoMo’s credit business, and management’s goals are subject to various risks and uncertainties that could

cause actual results to be materially different from and worse than as described in the forward-looking statements. Potential risks and

uncertainties

include,

without

limitation:

competition

the

market

expected

become

fierce

due

changes

the

business

environment caused by the introduction of mobile number portability and new market entrants, competition from other cellular service providers

or other technologies could limit our acquisition of new subscribers, retention of existing subscribers and average revenue per unit (ARPU),

or may lead to an increase in our costs and expenses; the new services and usage patterns introduced by our corporate group may not develop

as planned, which could limit our growth; the introduction or change of various laws or regulations or the application of such laws and

regulations to our corporate group may adversely affect our financial condition and results of operations; limitations in the amount of frequency

spectrum or facilities made available to us could negatively affect our ability to maintain and improve our service quality and level of customer

satisfaction; the W-CDMA technology that we use for our 3G system and/or mobile multimedia services may not be introduced by other

overseas operators, which could limit our ability to offer international services to our subscribers; our domestic and international investments,

alliances and collaborations may not produce the returns or provide the opportunities we expect; as electronic payment capability and many

other

new

features

are

built

into

our

cellular

phones,

and

services

parties

other

than

those

belonging

our

corporate

group

are

provided

through

our

cellular

handsets,

potential

problems

resulting

from

malfunctions,

defects,

lost

handsets

imperfect

services

provided

such

other

parties

may

arise,

which

could

have

adverse

effect

our

financial

condition

and

results

operations;

social

problems

that could be caused by misuse or misunderstanding of our products and services may adversely affect our credibility or corporate

image; inadequate handling of subscriber information by our corporate group or contractors may adversely affect our credibility or corporate

image;

owners

intellectual

property

rights

that

are

essential

for

our

business

execution

may

not

grant

the

right

license

otherwise

use

such

intellectual

property

rights

acceptable

terms

all,

which

may

limit

our

ability

offer

certain

technologies,

products

and/or

services,

and we may also be held liable for damage compensation if we infringe the intellectual property rights of others; earthquakes, power shortages,

malfunctioning

equipment,

and

software

bugs,

computer

viruses,

cyber

attacks,

hacking,

unauthorized

access

and

other

problems

could

cause

system failures in the networks required for the provision of service, disrupting our ability to offer services to our subscribers and may adversely

affect

our

credibility

corporate

image;

concerns

about

wireless

telecommunications

health

risks

may

adversely

affect

our

financial

condition

and results of operations; our parent, NTT, could exercise influence that may not be in the interests of our other shareholders.

Further

information

about

the

factors

that

could

affect

the

company’s

results

included

“Item

3.D:

Risk

Factors”

DoCoMo’s

annual

report

Form

20-F

filed

with

the

U.S.

Securities

and

Exchange

Commission

June

27,

2006,

which

available

the

investor

relations

section

the

company’s

web

page

www.nttdocomo.com

and

also

the

SEC’s

web

site

www.sec.gov.

FY2006

Third Quarter Results Highlights

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

US GAAP

33.4

-0.1

points

34.6

34.7

EBITDA

Margin*

(%)

11.0%

290.0

-93.1%

31.9

463.1

Adjusted Free Cash Flow* *

(Billions of yen)

75.6%

4,174.0

+0.9%

3,157.6

3,130.3

Cellular Services Revenues

(Billions of yen)

Progress to

forecast (2)/(3)

2007/3 E

(full-year) (3)

(As

announced*on

Oct

27,

2006)

Changes

(1)

(2)

2006/4-12

(1Q~3Q)

(2)

2005/4-12

(1Q~3Q)

(1)

1,601.0

488.0

815.0

810.0

4,799.0

83.5%

-16.1%

680.7

811.2

Income before Income Taxes

(Billions of yen)

83.6%

-2.4%

676.9

693.5

Operating Income

(Billions of yen)

75.0%

+0.4%

3,597.0

3,582.2

Operating revenues

(Billions of yen)

77.6%

-0.0%

1,242.9

1,243.3

EBITDA*

(Billions of yen)

82.7%

-21.8%

403.7

516.4

Net Income

(Billions of yen)

FY2006/1-3Q Financial Results

Consolidated financial statements in this document are unaudited.

]

For

explanation

the

calculation

process

these

numbers,

see

the

reconciliations

the

most

directly

comparable

financial

measures

calculated

and

presented

accordance

with

GAAP

Slide

and

the

page

our

web

site,

www.nttdocomo.co.jp

] ]

Adjusted free cash flows exclude the effects of uncollected revenues due to bank holidays at the end of the fiscal year, and changes in investment for

cash management purposes with original maturities of longer than three months.

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Financial Results Highlights for the First 9 Months of FY2006

Operating Income: 676.9 billion yen

(Down 16.6 billion yen year-on-year)

(Progress to full year forecast: 83.6%)

Operating revenues: Up 14.8 billion yen year-on-year

Cellular services revenues grew 27.3 billion yen year-on-year

(Inclusive of

impact

incurring

the

portion

“Nikagetsu

Kurikoshi”

(2-month carry-over) allowances that are projected to expire in revenues)

Operating expenses: Up 31.3 billion yen year-on-year

Revenue-linked expenses increased

33.5

billion

yen

year-on-year

due

to growth in the percentage of FOMA handsets to total handsets

sold

RESULTS

FOR

FY2006

SLIDE No.

/28

-40

-20

100

04/4

1205/1

05/4

1206/1

06/4

SoftBank

(%)

Full-year net adds share: 48.7%

Full-year net adds share: 48.4%

Net adds share from

Apr thru Dec 2006: 34.0%

Monthly Market Share of Net Additions

FY2004

FY2005

FY2006

Source

data

used

calculation:

Telecommunications

Carriers

Association

(TCA)

KDDI(au+TU-KA)

•

DoCoMo’s

share of net additions in the first 3 quarters (9 months) of

FY2006 was 34.0%

RESULTS

FOR

FY2006

SLIDE No.

/28

0.00

0.20

0.40

0.60

0.80

1.00

1.20

1.40

1.60

04/4-6(1Q)

7-9(2Q)

10-12(3Q)

05/1-3(4Q)

05/4-6(1Q)

7-9(2Q)

10-12(3Q)

06/1-3(4Q)

06/4-6(1Q)

7-9(2Q)

10-12(3Q)

Churn Rate

(%)

•

Cellular

churn

rate

for

FY2006/3Q

was

0.93%

Full year churn rate: 1.01%

Full year churn rate: 1.01%

1.01%

Full year churn rate: 0.77%

Full year churn rate: 0.77%

0.77%

0.72%

Churn rate for

Apr-Dec 2006: 0.72%

0.93%

Inclusive

Communication-Module-Service-subscribers

FY2004

FY2005

FY2006

RESULTS

FOR

FY2006

SLIDE No.

/28

1,000

2,000

3,000

4,000

5,000

6,000

04/12

05/3

05/6

05/9

05/12

06/3

06/6

06/9

06/12

5,221

5,300

2,013

(40.0%)

850

(17.7%)

3,211

(61.5%)

mova

3,480

(65.7%)

Total number

FOMA

subscribers

Dec.

31,

2006

grew

32.11

million

(or

61.5%

our

total

cellular

subscribers)

07/3

(Forecast)

Subscriber Migration to FOMA

Inclusive

Communication*

Module

Service

subscribers

Numbers

parentheses

indicate

the

percentage

FOMA

subscribers

total

cellular

subscribers

(10,000 subscribers)

FOMA subs.

projected

to reach

2/3 of total

RESULTS

FOR

FY2006

SLIDE No.

/28

For

explanation

MOU,

please

see

Slide

this

document,

“Definition

and

Calculation

Methods

MOU

and

ARPU”.

100

120

140

160

180

200

-25

-20

-15

-10

-5

MOU (left axis)

152

155

153

145

149

152

151

146

145

146

Year-on-year changes in MOU (right axis)

-6.2

-3.7

-4.4

-5.8

-2.0

-1.9

-1.3

0.7

-2.7

-3.9

-3.3

04/4-6(1Q)

7-9(2Q)

10-12(3Q)

05/1-3(4Q)

05/4-6(1Q)

7-9(2Q)

10-12(3Q)

06/1-3(4Q)

06/4-6(1Q)

7-9(2Q)

10-12(3Q)

(%)

(minutes)

MOU

for

FY2006/3Q

was

146

minutes

(Down

3.3%

year-on-year)

Cellular (FOMA

mova) MOU

Actions Planned for FY2006/4Q

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Billing Plan

-1-

200

400

600

800

1,000

2005/3

2005/6

2005/9

2005/12

2006/3

2006/6

2006/9

2006/12

(10,000 subscribers)

As of Dec. 31, 2006

8.56

million subs

(pake-hodai

subscription rate: 27%)

8.56

.56

mil

+590,000

+610,000

+570,000

+1.14 mil

+1.33 mil

+950,000

•

No. of “pake-hodai”

flat-rate subscribers nearly doubled in last 12 months to 8.56 million

as of Dec. 31, 2006 (as a result of lifting “pake-hodai”

subscription restrictions and

enriching the service menus accessible from “pake-hodai”)

+740,000

Pake-

houdai

Services

Richer content

portfolio

Grow

users

Lifted pake-hodai

subscription

restrictions

from March 2006

4.45 mil

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Billing Plan -2-

Flat-rate plan for access

via full-scale browsers

Flat-Rate Plan for Smart Phones

“pake-hodai

full”

“Biz-hodai”

Unlimited packet access via full-scale

i-mode browser for a flat rate

Unlimited packet access to

non-i-mode sites for a flat-rate

(only via flat-rate APN)

Planned for launch in Mar. 2007

Planned for launch in Apr. 2007

5,700 yen/month

Possible to view video content

developed for PCs

P903iX

High-Speed

Compatible with Windows

Media

Video and

equipped with full-scale

browsing capability

Compatible

models:

hTcZ,

M1000

(planned)

(As of Jan. 30, 2007)

Plan to launch 64kbps flat-rate PC access service (FOMA) in fall/2007

(To

replace

existing

“@FreeD”

service)

Flat-rate plan for PC access

hTcZ

M1000

* Windows Media

is a registered trademark of Microsoft Corporation in the United States and other countries.

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Products -1-

703

series

•

The

world’s

slimmest

3G(W-CDMA)handset

clamshell

form*

“703i

µ”series

•

A model equipped with two screens offering unique functionality: “D800iDS”

The world’s slimmest 3G handset

in clamshell form,

only

11.4mm

thick

Compatible with

“Chaku-uta

Full

**”,

SD-Audio

Compatible with

SD-Audio,

“Feel

Talk

***”

Analyzes caller’s emotion while talking,

and displays matching animation on screen.

*Compared among clamshell type 3G (W-CDMA) handsets as of Jan. 15, 2007, according to surveys conducted by Panasonic Mobile Communications, Co. Ltd, and NEC Corporation.

**”Chaku-uta

Full”

is a registered trademark of Sony Music Entertainment Corporation.

D800i DS

Selectable operational modes

Unique Entertainment content

enabled by two screens

3-key mode

6-key mode

10-key mode

Preinstalled with unique

games that are made

available by two screens

and touch panel capability

Character input

Multiple character input

modes: 2-touch input,

5-touch input and

handwriting input

«Handwriting input (image)»

Upper

screen

Lower

screen

****

“Unou

Tanren

Unotan”

is a registered trademark of Interchannel-Holon, Inc.

“Unou

Tanren

Unotan

****

”

“3D Golf Game”

***”Feel*Talk”

trademark

Matsushita

Electric

Industrial

Co.,

Ltd.

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Products

-2-

703

i

Series

•

The slimmest & lightest 703i series—each model designed on

different concepts to offer unique features

D703i

Straight & Super Slim

F703i

FLAT

SQUARE

N703iD

P703i

Happy

Deco-mail phone

Aroma handset

SH703i

SO703i

Super-slim non-folding

model only 9.9mm thick

Waterproof design,

enabling use in kitchen,

bath, etc.

Meticulously developed

“Deco-mail”/email

capabilities

New sense of beauty

different choices of

aroma and design

”Waterproof

Slim”

trademark

Fujitsu

Limited.

Waterproof Slim™

Slim body

in half-metallic design

model designed

in collaboration

with art director

Kashiwa Sato

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Products -3-

One-segment broadcast phones

•

4 models of one-segment TV phones developed with high degree

of perfection to come to market one after another

Compact slide display

only

19.8mm thick

6-hour continuous

playback

3.0-inch wide

high-quality LCD

based on AQUOS

technology

*BRAVIA is a registered trademark of Sony Corp.

* *

AQUOS is a registered trademark of SHARP Corp.

SO903iTV

D903iTV

P903iTV

SH903iTV

High audio-visual

quality

BRAVIA

phone, enabling

stand alone viewing of

one-segment TV.

wireless audio

hearing-enabled

Equipped with high-quality imaging technology,

“Mobile BRAVIA engine”, jointly developed by

Sony Corp. and Sony Ericsson Mobile Communications.

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

•

Combined

user

base

push

information

delivery

services

(“i-channel”

“Tokudane-News-bin”) grew to approx. 8.9 million, boosting data usage

and facilitating subscribers’

migration to flat-rate package

Push information delivery services

i-channel subscription rate: No. of “i-channel”

subscribers/Total users of compatible handset

(10,000 subscribers)

Approx.

8.9

mil

Services

07/3(Forecast)

200

400

600

800

1,000

05/9

05/10

05/11

05/12

06/1

06/2

06/3

06/4

06/5

06/6

06/7

06/8

06/9

06/10

06/11

06/12

i-channel subscription rate*

47%

(As of Dec. 31, 2006)

Tokudane-

News-bin

“i-channel”

revenue contribution

Revenue per

Approx. 370

yen/month

(FY2006/3Q (estimate))

+1.8 mil

+1.5 mil

+1.3 mil

+900,000

+2.27 mil

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

•

DCMX membership topped 1.5 million. User base of “Osaifu

Keitai”

e-wallet phones

grew to 18.3 million.

•

Plan to further increase merchants to enlarge mobile credit market and boost usage.

120

150

06/4

06/5

06/6

06/7

06/8

06/9

06/10

06/11

06/12

As of Dec. 31, 2006: Approx. 100,000

As of Mar. 31, 2007: Approx. 150,000 (planned)

No. of terminals committed for introduction*: Approx. 350,000

No. of iD

payment terminals installed

Growth of merchants

*Total

number

terminals

committed

for

installation

Jan.

31,

2007,

which

the

sum

the

units

already

installed

and

units

planned for installation in the future.

User

base

“Osaifu

”

e-wallet

phones:

approx.

18.3

million

(As of Dec. 31, 2006)

Projected user count

as of Mar. 31, 2007

approx.

million

DCMX mini usage

Used primarily in convenience stores &

electronics mass retailers

Market acceptance expanding

from small amount purchases

(10,000 subscribers)

DCMX subscribers

(DCMX,DCMX mini)

Credit Business

Expand mobile credit market

* Names of companies are listed in Japanese alphabetical order

Expand usage by deploying iD

in taxis

(within FY2006)

•

am/pm

•

Family Mart

•

Lawson

•

Checker Cab

service to be supported by

all

principal convenience store chains

(Plan to complete deployment in all outlets by Spring 2007)

•

Circle K Sunkus

(within FY2007)

•

Tokyo Radio Taxi Assn.

(Tokyo Musen

Taxi)

Approx.

1.5

million (As of Jan. 31, 2007)

Keitai

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Network

•

Continue FOMA’s

coverage expansion and quality enhancement efforts with the goal

to create the “most connectible”

network*

•

Completed HSDPA roll-out in all prefectural

capitals and other major cities across Japan

05/3

05/6

05/9

05/12

06/3

06/6

06/9

06/12

07/3 forecast

16,200

: (Outdoor base stations)

:(Indoor systems )

17,500

19,000

20,800

24,000

25,700

29,300

35,200

3,800

4,100

4,500

5,000

6,400

7,000

8,100

9,500

No. of outdoor base stations & indoor

systems to increase to 1.5 times

the number as of Mar. 31, 2006

(Cumulative installations in FY2006)

Indoor

2,700

systems

Outdoor

8,500

BSs

400 more BSs

than

initially planned

100

more systems

than initially planned

74.2%

916.0

+11.6%

679.3

608.5

CAPEX

(Billions of yen)

Changes

(1)

(2)

2007/3

(Full-year forecast)

(3)

(Announced 10/27/2006)

Progress to forecast

(2)/(3)

2006/4-12

(1Q~3Q) (2)

2005/4-12

(1Q~3Q) (1)

32,500

9,100

DoCoMo

aims

ranked

No.

customer

satisfaction

for

network

quality

RESULTS

FOR

FY2006

SLIDE No.

/28

•

Announced “CONEXUS

MOBILE

ALLIANCE”

(Dec. 5, 2006)

Aim to enrich international roaming and corporate service offerings, etc.

(Nearly

half

Japanese

travelers’

destinations,

including

Guam

through

our investee

partner, are covered)

India

Singapore

Korea

Japan

Taiwan

Members

Conexus

Mobile

Alliance

DoCoMo’s

investee

Members

CONEXUS

MOBILE

ALLIANCE

DoCoMo’s

Investees

Indonesia

Hong Kong, Macau

Guam

(Guam

Wireless)

Philippines

International Services (1)

Largest mobile alliance in Asia,

with a combined

subscriber base of 130 million

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

International Services (2)

own-handset

roamers:

No.

“World

Wing”

roaming

users

using

own

handset/Total

roaming

users

•

User base of roaming-enabled handsets expanded to 3.2 million

•

International roaming revenues grew sharply by 56% year-on-year

in first nine months of FY2006

User base of roaming-

enabled handsets

International Services

Revenues

[Int’l services revenues]

+35%

year-on-year

Int’l roaming revenues

8.0

10.2

Int’l dialing revenues

[Int’l roaming revenues]

+56%

year-on-year

12.5

12.0

FY2006 Int’l Services

Revenues (forecast):

36 billion yen

FY2005

1Q-3Q

FY2006

1Q-3Q

(Billions of yen)

18.2

24.5

100

150

200

250

300

350

400

05/6

05/9

05/12

06/3

06/6

06/9

06/12

(10,000 subscribers)

(%)

% of own-handset roamers

No. of roaming-enabled

handset users

% of own-handset

roamers:

Over 50%

Appendices

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

US GAAP

1,000

2,000

3,000

4,000

5,000

Equipment sales

353.2

348.3

494.0

Other revenues*

66.2

72.8

109.0

PHS revenues

32.6

18.4

22.0

Cellular services revenues (voice, packet))**

3,130.3

3,157.6

4,174.0

2005/4-12(1Q~3Q)

2006/4-12(1Q~3Q)

2007/3(full year

forecast)

3,582.2

Operating revenues

for the first nine months

of FY2006

Compared to same

period of FY2005:

Down 0.4%

.4%

(Cellular services revenues)

Up 0.9% year-on-year

(Equipment sales revenues)

Down 1.4% year-on-year

Progress to full year

forecast:

75.0%

(Billions of yen)

]

“Quickcast”

revenues are included in “Other revenues”

]

“International

services

revenues”

are

included

“Cellular

services

revenues”.

3,597.0

4,799.0

Operating Revenues

(Billions of yen)

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

US GAAP

(Billions of yen)

]

Revenue-linked*

expenses:

Cost

equipment*

sold

distributor*

commissions

cost

DoCoMo*

point

service

]

Impairment*loss*from*the*disposal*of*PHS*assets,*which*had*been*stated*individually*in*“impairment*loss”*in*previous*reports,*has*been

included*in*“depreciation*and*amortization”*from*FY2006/1Q.

1,000

2,000

3,000

4,000

Personnel expenses

186.6

188.8

253.0

Taxes and public duties

27.7

27.4

36.0

Depreciation and amortization**

532.7

537.4

746.0

Loss on disposal of property, plant and

equipment and intangible assets

26.3

35.5

59.0

Communication network charges

280.2

270.7

359.0

Personnel expenses

1,835.3

1,860.4

2,536.0

(incl.) Revenue-linked expenses*

1,316.4

1,349.8

1,803.0

(incl.) Other non-personnel expenses

518.9

510.6

733.0

2005/4-12(1Q~3Q)

2006/4-12(1Q~3Q)

2007/3(full year

forecast)

(Billions of yen)

2,920.1

3,989.0

Operating expenses

for the first nine months of

FY2006

Compared to same

period of FY2005:

Up 1.1%

Progress to full year

forecast:

73.2%

Operating Expenses

2,888.8

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

100

200

300

400

500

600

700

800

900

1,000

Other (Information systems, etc.)*

92.4

94.8

152.0

PHS business

0.7

0.9

1.0

Mobile phone business (FOMA)

407.1

495.7

645.0

Mobile phone business (i-mode, etc.)

22.2

26.4

34.0

Mobile phone business (mova)

27.6

15.2

18.0

Mobile phone business (transmission line)

58.5

46.3

66.0

2005/4-12(1Q~3Q)

2006/4-12(1Q~3Q)

2007/3(Full year

forecast)

(Billions of yen)

]

“Quickcast

Business”

included

“Other

(Information

systems,

etc.)”.

608.5

679.3

916.0

Capital expenditures

for the first nine months

of FY2006

Compared to same

period of FY2005:

Up 11.6%

Progress to full year

forecast:

74.2%

Capital Expenditures

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Operational Results and Forecasts

47,900

+3.5%

47,208

45,616

i-mode

Other*

Migration

from mova

New

Replace

New

PHS

FOMA

mova

Communication Module Service

FOMA

mova

MOU

(minutes)

ARPU

(yen)

No. of Subscribers (1,000)

Churn rate (%)

Handsets sold

(1,000)

(including handsets

sold without

involving sales by

DoCoMo)

Market share (%)

No. of Subscribers (1,000)

-72.6%

1,035

3,781

-65.5%

725

2,103

-0.9 points

55.0

55.9

990

+45.7%

924

634

34,800

+59.5%

32,114

20,129

18,200

-33.5%

20,100

30,237

53,000

+3.7%

52,214

50,366

-5.8%

3,110

3,300

2007/3

(Full year forecast)

Announced

10/27/2006

Changes

(1) Õ(2)

2006/4-12

(1Q~3Q) (2)

2005/4-12

(1Q~3Q) (1)

390

+135.0%

6,233

2,652

-0.3%

6,924

6,942

+22.7%

3,767

3,071

-18.1%

-39.9%

530

882

-0.06 points

0.72

0.78

* Other

includes

purchases

additional-handsets-by-existing-FOMA-subscribers.

DoPa-Single-Service-subscribers-are-included-in-the-number-of-mova-subscribers-to-align-the-calculation-method-of-subscribers-with-other-cellular-

phone-carriers.-(Market-share,-the-number-of-handsets-sold-and-churn-rate-are-calculated-inclusive-of-DoPa-Single-Service-subscribers.)

For-an-explanation-of-MOU-and-ARPU,-please-see-page-27-of-this-document,-“Definition-and-Calculation-Methods-of-MOU-and-ARPU”.

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Returning profits to shareholders is considered one of our most

important corporate policies

No. of shares repurchased

(million shares)

Budget (billions of yen)

1.40

2.20

Max. authorized

0.51

(As of Dec. 31, 2006)

90.0

(As of Dec. 31, 2006)

250

Repurchase authorized at 15

ordinary general shareholder mtg

1.98

(90.0%)

333.2

(83.3%)

400

Repurchase authorized at 14

ordinary general shareholder mtg

Actual no. of

shares repurchased

Actual amount

spent

Max. authorized

Return to Shareholders

FY ending Mar. 31, 2007 (Planned)

Repurchase of

own sharessss

Dividend per share: 4,000 yen

(Maintain the same dividend level as the fiscal year ended Mar. 31, 2006,

when it was doubled from the previous fiscal year)

Repurchase of own shares:

Study to repurchase up to 1.4 million shares for up to 250 billion yen

(Treasury shares kept in excess of 5% of total issued shares are

planned for cancellation

once a year)

RESULTS

FOR

FY2006

SLIDE No.

/28

Definition and Calculation Methods of MOU and ARPU

MOU (Minutes of usage) : Average communication time per one month per one user.

ARPU (Average

monthly Revenue Per Unit) :

Average monthly revenue per unit, or ARPU, is used to measure average monthly operating revenues attributable to designated services on a per user

basis. ARPU is calculated by dividing various revenue items included in operating revenues from our wireless services, such as monthly charges, voice

transmission charges and packet transmission charges, from designated services which are incurred consistently each month, by number of active

subscribers to the relevant services. Accordingly, the calculation of ARPU excludes revenues that are not representative of monthly average usage such

activation

fees.

believe

that

our

ARPU

figures

provide

useful

information

analyze

the

average

usage

our

subscribers

and

the

impacts

changes

our

billing

arrangements.

The

revenue

items

included

the

numerators

our

ARPU

figures

are

based

our

U.S.

GAAP

results

operations.

This definition applies to all ARPU figures hereinafter.

Aggregate ARPU (FOMA+mova): Voice ARPU (FOMA + mova) + Packet ARPU (FOMA + mova)

Voice

ARPU

(FOMA

mova):

Voice

ARPU

(FOMA

mova)

Revenues

(monthly

charges,

voice

transmission

charges)

No.

of active cellular phone subscribers (FOMA + mova)

Packet ARPU (FOMA + mova):

{Packet ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges) +

i-mode ARPU (mova) Related Revenues (monthly charges, packet transmission charges)} /

No. of active cellular phone subscribers (FOMA + mova)

i-mode ARPU (FOMA + mova):

i-mode ARPU (FOMA + mova) Related Revenues (monthly charges, packet transmission charges) /

No. of active cellular phone subscribers (FOMA + mova)

Aggregate ARPU (FOMA): Voice ARPU (FOMA) + Packet ARPU (FOMA)

Voice ARPU (FOMA):

Voice ARPU (FOMA) Related Revenues (monthly charges, voice transmission charges) / No. of active

cellular phone subscribers (FOMA)

Packet ARPU (FOMA):

Packet ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges) / No. of active

cellular phone

subscribers (FOMA)

i-mode ARPU (FOMA):

i-mode ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges) / No. of active

cellular phone subscribers (FOMA)

Aggregate ARPU (mova): Voice ARPU (mova) + i-mode ARPU (mova)

Voice

ARPU

(mova):

Voice

ARPU

(mova)

Revenues

(monthly

charges,

voice

transmission

charges)

No.

active

cellular phone subscribers (mova)

i-mode ARPU (mova):

i-mode ARPU (mova) Related Revenues (monthly charges, packet transmission charges) / No. of active

cellular phone subscribers (mova)

Number of active subscribers used in ARPU and MOU calculations are as follows:

Quarterly data: sum of “No. of active subscribers in each month”*

of the current quarter

Half-year data: sum of “No. of active subscribers in each month”*

of the current half

Full-year data: sum of “No. of active subscribers in each month”*

of the current fiscal year

“No. of active subscribers in each month”: (No. of subs at end of previous month + No. of subs at end of current month)/2

The revenues and number of subscribers of Communication Module Service are not included in the above calculation of ARPU and

MOU.

RESULTS FOR 3Q

OF FY2006

SLIDE No.

/28

Reconciliation of the Disclosed Non-GAAP Financial Measures to

the Most Directly Comparable GAAP Financial Measures

EBITDA and EBITDA margin

Billions of yen

Nine months ended

December 31, 2006

Nine months ended

December 31, 2005

a. EBITDA

1,242.9

1,243.3

(537.4)

(532.7)

(28.6)

(17.1)

676.9

693.5

3.8

117.7

(276.7)

(293.9)

(0.2)

(0.9)

(0.0)

0.0

403.7

516.4

3,597.0

3,582.2

34.6%

34.7%

11.2%

14.4%

Note:

Free cash flows excluding irregular factors and changes in investments for cash management purpose

Billions of yen

Nine months ended

December 31, 2006

Nine months ended

December 31, 2005

31.9

463.1

(217.0)

(226.0)

49.4

13.6

(135.7)

250.7

(717.8)

(794.0)

582.0

1,044.7

Notes:

Irregular factors (1)

(2)

Changes

investments

for

cash

management

purpose

were

derived

from

purchases,

redemption

maturity

and

disposals

financial

instruments

held

for

cash

management

purpose

with

original

maturities

longer

than

three

months.

Depreciation and amortization

Losses on sale or disposal of property, plant and equipment

Operating income

Other income (expense)

Income taxes

Equity in net losses of affiliates

Free cash flows excluding irregular factors and changes in investments

for cash management purpose

Net income margin (=b/c)

EBITDA

and

EBITDA

margin,

use

them,

are

different

from

EBITDA

used

Item

10(e)

regulation

S-K

and

may

not

comparable

similarly

titled

measures

used

other

companies.

Minority interests in consolidated subsidiaries

b. Net income

c. Total operating revenues

EBITDA margin (=a/c)

(1)

Irregular

factors

represent

the

effects

uncollected

revenues

due

bank

holiday

the

end

nine

months

ended

December

31,

2005

and

2006.

Changes of investments for cash management purpose (2)

Free cash flows

Net cash used in investing activities

Net cash provided by operating activities

“FOMA,”

“mova,”

“i-mode,”

“pake-houdai,”

“Osaifu-Keitai,”

“iD,”

“DCMX,”

“i-channel,”

“Tokudane-News-bin,”

and “Deco-mail”

are trademarks or registered trademarks of NTT

DoCoMo, Inc. Other names of companies or products presented in this material are trademarks or registered trademarks of their respective organizations.