Edgar Filing: NTT DOCOMO INC

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 July, 2007.

Commission File Number: 001-31221

Total number of pages: 50

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 July 27, 2007 announcing the company’s results for the three months ended June 30, 2007.

2.		Materials presented in conjunction with the earnings release dated July 27, 2007 announcing the company’s results for the three months ended June 30, 2007.

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: July 30, 2007	By:	/s/ YOSHIKIYO SAKAI
		Yoshikiyo Sakai Head of Investor Relations

3:00 P.M. JST, July 27, 2007

NTT DoCoMo, Inc.

Earnings Release for the Three Months Ended June 30, 2007

Consolidated financial results of NTT DoCoMo, Inc. and its subsidiaries (collectively “we” or “DoCoMo”) for the three months ended June 30, 2007 (April 1, 2007 to June 30, 2007), are summarized as follows.

<< Highlights of Financial Results >>

•

For the three months ended June 30, 2007, operating revenues were ¥1,182.9 billion (down 2.9% compared to the same period of the prior year), operating income was ¥203.9 billion (down 25.2% compared to the same period of the prior year), income before income taxes was ¥205.5 billion (down 25.1% compared to the same period of the prior year) and net income was ¥122.8 billion (down 24.9% compared to the same period of the prior year).

•

Earnings per share were ¥2,825.21 (down 23.3% compared to the same period of the prior year) and EBITDA margin* was 32.7% (down 3.8 point compared to the same period of the prior year).

Notes:

Consolidated financial statements in this release are unaudited.

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 17.

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

Amid intensified competition following the launch of Mobile Number Portability (MNP) last year, we embarked on the “DoCoMo 2.0” campaign during the first quarter of this fiscal year, and implemented various measures with a goal to create new values for cellular services. As a part of these efforts, we released FOMA 904i series handsets equipped with various new advanced features including, among others, the “2in1” service, which allows users to carry two phone numbers and two mail addresses with a single handset, and “Chokkan Game” that is played using intuitive motion. Meanwhile, the subscriber base of our “pake-hodai” flat-rate packet access service grew steadily, topping the 10 million mark in May 2007. Operating revenues and operating income for the first three months of this fiscal year ending March 31, 2008 were ¥1,182.9 billion and ¥203.9 billion, respectively, posting a decrease compared to the same period of last fiscal year due mainly to the impact of the accounting change during the same period of the prior year to initially recognize as revenues the portion of “Nikagetsu Kurikoshi (two-month carry-over)” allowances that are estimated to expire, and growth in operating expenses resulting from an increase in the number of handsets sold.

In the second quarter, more models of the “slim and compact” FOMA 704i series handsets offering a wide range of convenient features will go on sale, and new billing plans such as “Fami-wari MAX 50” and “Hitoridemo Discount 50” are planned for introduction. With the aim to further enhance DoCoMo’s brand and reinforce our marketing capability, we decided to newly establish Corporate Branding Division. We have also reorganized our existing DCMX credit business by setting up DCMX Business Department to accelerate the uptake of DCMX subscriptions, which reached 2.85 million as of June 30, 2007.

Going forward, we will step up our efforts to improve our handsets, network, services, billing plans and after-sales support, to enhance the level of satisfaction of every single customer, and at the same time, take up the challenge to create new values placing cellular phones in the center of the hub, through, for example, collaboration with other companies.

<< 1. Operating Results >>

1.	Business Overview

(1)

Results of operations


	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2007			Increase (Decrease)					Year ended March 31, 2007
Operating revenues	¥	1,218.6		¥	1,182.9		¥	(35.7	)	(2.9	)%	¥	4,788.1
Operating expenses		945.8			979.0			33.2		3.5			4,014.6

Operating income		272.7			203.9			(68.8	)	(25.2	)		773.5
Other income (expense)		1.7			1.6			(0.1	)	(4.3	)		(0.6	)

Income before income taxes		274.4			205.5			(68.9	)	(25.1	)		772.9
Income taxes		110.7			82.6			(28.2	)	(25.5	)		313.7
Equity in net income (losses) of affiliates		(0.1	)		(0.1	)		0.0		36.5			(1.9	)
Minority interests in consolidated subsidiaries		(0.0	)		(0.0	)		(0.0	)	(188.9	)		(0.0	)

Net income	¥	163.5		¥	122.8		¥	(40.7	)	(24.9	)%	¥	457.3

(2)

Operating revenues


<Breakdown of operating revenues>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006		(UNAUDITED) Three months ended June 30, 2007		Increase (Decrease)
Wireless services	¥	1,094.9	¥	1,062.3	¥	(32.7	)	(3.0	)%
Cellular services revenues		1,065.4		1,032.7		(32.8	)	(3.1	)
- Voice revenues		764.1		702.8		(61.2	)	(8.0	)
Including: FOMA services		409.2		521.3		112.1		27.4
- Packet communications revenues		301.4		329.8		28.5		9.5
Including: FOMA services		215.0		291.1		76.1		35.4
PHS services revenues		7.0		3.8		(3.1	)	(45.1	)
Other revenues		22.5		25.8		3.2		14.4
Equipment sales		123.6		120.6		(3.0	)	(2.5	)

Total operating revenues	¥	1,218.6	¥	1,182.9	¥	(35.7	)	(2.9	)%

Notes:

Cellular services revenues for the three months ended June 30, 2006 reflect the impact of changes in estimates regarding initially recognizing as revenues the portion of “Nikagetsu Kurikoshi” (two-month carry-over) allowances that are estimated to expire.

Voice revenues include data communications revenues through circuit switching systems.

•

Operating revenues totaled ¥1,182.9 billion (down 2.9% compared to the same period of the prior year).

•

Cellular services revenues decreased to ¥1,032.7 billion (down 3.1% compared to the same period of the prior year), due to the impact of changes in estimates regarding initially recognizing as revenues during the same period of the prior year the portion of “Nikagetsu Kurikoshi (two-month carry-over)” allowances that are estimated to expire.

•

Voice revenues from FOMA services increased to ¥521.3 billion (up 27.4% compared to the same period of the prior year) and packet communications revenues from FOMA services increased to ¥291.1 billion (up 35.4% compared to the same period of the prior year) owing to a significant increase in the number of FOMA services subscriptions to 37.85 million (up 44.4% compared to the same period of the prior year).

•

Equipment sales totaled ¥120.6 billion (down 2.5% compared to the same period of the prior year), as the amount accounted for as sales revenue per handset decreased while the number of handsets sold increased.

(3)

Operating expenses


<Breakdown of operating expenses>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006		(UNAUDITED) Three months ended June 30, 2007		Increase (Decrease)
Personnel expenses	¥	62.9	¥	62.8	¥	(0.1	)	(0.1	)%
Non-personnel expenses		609.3		633.5		24.2		4.0
Depreciation and amortization		169.3		177.1		7.8		4.6
Loss on disposal of property, plant and equipment and intangible assets		4.3		7.6		3.3		77.5
Communication network charges		90.7		88.1		(2.6	)	(2.9	)
Taxes and public dues		9.3		9.8		0.5		5.5

Total operating expenses	¥	945.8	¥	979.0	¥	33.2		3.5	%

•

Operating expenses were ¥979.0 billion (up 3.5% compared to the same period of the prior year).

•

Personnel expenses were ¥62.8 billion (down 0.1% compared to the same period of the prior year). The number of employees as of June 30, 2007 was 22,049.

•

Non-personnel expenses increased to ¥633.5 billion (up 4.0% compared to the same period of the prior year) mainly due to an increase in cost of equipment sold, reflecting the increased number of handsets sold as well as the proportional growth in sales of FOMA handsets to the aggregate number of handsets sold.

•

Depreciation and amortization increased to ¥177.1 billion (up 4.6% compared to the same period of the prior year) following active capital expenditures in the prior fiscal year.

(4)

Operating income

•

Operating income decreased to ¥203.9 billion (down 25.2% compared to the same period of the prior year).

(5)

Income before income taxes

•

Income before income taxes decreased to ¥205.5 billion (down 25.1% compared to the same period of the prior year), due to a decrease in operating income.

(6)

Net income

•

Net income was ¥122.8 billion (down 24.9% compared to the same period of the prior year).

2.	Key Performance Indicators

(1)	Number of subscriptions


<Number of subscriptions by services>	Thousand subscriptions
	March 31, 2007	June 30, 2007	Increase (Decrease)
Cellular (FOMA+mova) services	52,621	52,846	225		0.4	%
Cellular (FOMA) services	35,529	37,854	2,325		6.5
Cellular (mova) services	17,092	14,991	(2,100	)	(12.3	)
i-mode services	47,574	47,725	151		0.3
PHS services	453	374	(79	)	(17.5	)

Note:

Number of i-mode subscriptions = Cellular (FOMA) i-mode subscriptions + Cellular (mova) i-mode subscriptions


<Number of handsets sold>	Thousand units
	Three months ended June 30, 2006		Three months ended June 30, 2007		Increase (Decrease)
Cellular (FOMA+mova) services	5,703		6,238		535		9.4	%
Cellular (FOMA) services
New FOMA subscription	1,190		1,492		302		25.4
FOMA subscription by mova subscribers	2,117		1,780		(337	)	(15.9	)
Handset upgrade by FOMA subscribers	1,583		2,791		1,208		76.3
Cellular (mova) services
New mova subscription	345		78		(267	)	(77.3	)
Handset upgrade by mova subscribers	468		97		(372	)	(79.4	)
Churn Rate	0.64	%	0.85	%	0.21point		—

•

The aggregate number of cellular (FOMA+mova) services subscriptions was 52.85 million as of June 30, 2007, an increase of 0.22 million compared to the number as of March 31, 2007. The increase derived from our continued efforts to strengthen total competitiveness from a customer-centric viewpoint, including the offering of subscriber-friendly billing arrangements, enrichment of our handset lineup and network services and enhancement of network quality.

•

Due to the steady migration of subscribers from mova services to FOMA services, the number of FOMA services subscriptions increased to 37.85 million, up 2.32 million from the number as of March 31, 2007, and the proportion of FOMA services subscriptions to the aggregate cellular (FOMA+mova) subscriptions increased to 71.6% as of June 30, 2007.

•

The number of handsets sold (FOMA+mova) increased to 6.24 million units (up 9.4% compared to the same period of the prior year), owing to an increase in the number of handsets sold for new FOMA subscriptions and handset upgrades by FOMA subscribers.

•

Churn rate for cellular (FOMA+mova) services for the three months ended June 30, 2007 was 0.85% (up 0.21 point compared to the same period of the prior year), due to the influence of the MNP. The churn rate for the three months ended June 30, 2007 decreased by 0.12 point from 0.97% for the three months ended March 31, 2007.

(2)	Trend of ARPU


<ARPU and other operation data>	Yen/Minutes/Thousand subscriptions
	Three months ended June 30, 2006		Three months ended June 30, 2007		Increase (Decrease)
Aggregate ARPU (FOMA+mova)	¥	6,900	¥	6,560	¥	(340	)	(4.9	)%
Voice ARPU		4,930		4,440		(490	)	(9.9	)
Packet ARPU		1,970		2,120		150		7.6
Aggregate ARPU (FOMA)		8,300		7,370		(930	)	(11.2	)
Voice ARPU		5,420		4,710		(710	)	(13.1	)
Packet ARPU		2,880		2,660		(220	)	(7.6	)
MOU (FOMA+mova) (minutes)		145		140		(5	)	(3.4	)

Number of i-channel subscriptions (thousand)		3,624		12,272		8,648		238.6	%
Number of subscriptions for flat-rate billing plans for unlimited i-mode usage (thousand)		6,912		10,455		3,543		51.3	%

Note:

Number of subscriptions for flat-rate billing plans for unlimited i-mode usage: “pake-hodai” subscriptions + “pake-hodai full” subscriptions

See “Definition and Calculation Methods of ARPU and MOU”on page 16 for details of definitions and calculation methods of ARPU and MOU.

•

Aggregate ARPU of cellular (FOMA+mova) services decreased to ¥6,560 for the three months ended June 30, 2007 (down 4.9% compared to the same period of the prior year) due mainly to the impact of changes in estimates regarding initially recognizing as revenues during the same period of the prior year the portion of “Nikagetsu Kurikoshi (two-month carry-over)” allowances that are estimated to expire.

(3)	Trend of capital expenditure


<Breakdown of capital expenditures>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006		(UNAUDITED) Three months ended June 30, 2007		Increase (Decrease)
Mobile phone business	¥	187.3	¥	126.2	¥	(61.1	)	(32.6	)%
PHS business		0.2		0.1		(0.1	)	(69.8	)
Other (including information systems)		27.1		24.9		(2.2	)	(8.2	)

Total capital expenditures	¥	214.7	¥	151.2	¥	(63.5	)	(29.6	)%


<Approximate number of base stations installed>	Units/Facilities
	March 31, 2007	June 30, 2007	Increase (Decrease)
Outside base stations (units)	35,700	37,300	1,600	4.5	%
Facilities with indoor systems (facilities)	10,400	11,300	900	8.7

•

After focusing on the geographical expansion of FOMA network coverage in the prior fiscal year, we were involved more in enhancement of its network quality reflecting requests from our customers so far this fiscal year, while we continued our efforts to save on equipment procurement costs. As a result, total capital expenditure during the three months ended June 30, 2007 decreased to ¥151.2 billion (down 29.6% compared to the same period of the prior year).

•

The aggregate number of outside base stations installed was approximately 37,300, an increase by 1,600 from the number as of March 31, 2007, and the aggregate number of facilities with indoor systems was approximately 11,300, an increase by 900 from the number as of March 31, 2007.

(4)	Segment information


<Results of operations by segment>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2007			Increase (Decrease)
Operating revenues
Mobile phone business	¥	1,202.5		¥	1,168.9		¥	(33.6	)	(2.8	)%
PHS business		7.1			3.9			(3.1	)	(44.5	)
Miscellaneous businesses		9.0			10.0			1.0		11.3
Total operating revenues (consolidated)	¥	1,218.6		¥	1,182.9		¥	(35.7	)	(2.9	)%

Operating expenses
Mobile phone business	¥	923.6		¥	955.7		¥	32.2		3.5	%
PHS business		9.3			7.7			(1.6	)	(17.3	)
Miscellaneous businesses		12.9			15.5			2.6		20.2
Total operating expenses (consolidated)	¥	945.8		¥	979.0		¥	33.2		3.5	%

Operating income
Mobile phone business	¥	278.9		¥	213.2		¥	(65.7	)	(23.6	)%
PHS business		(2.3	)		(3.8	)		(1.5	)	(67.5	)
Miscellaneous businesses		(3.9	)		(5.5	)		(1.6	)	(40.6	)
Total operating income (consolidated)	¥	272.7		¥	203.9		¥	(68.8	)	(25.2	)%


Mobile phone business	<<Handsets>>	• Nine new FOMA handsets were released, including the latest “FOMA 904i” series. • The aggregate number of “FOMA Raku Raku Phone” series handsets sold exceeded 10 million.

	<<Services>>	• “2in1” service, which enables a single handset to contain the capabilities of two separate handsets and subscriptions, was launched. • “Business mopera internet” services were launched. • PBX connection capability was added to “OFFICEED” services. • “Emerge cast” services, which enables corporate and municipal customers to send emergency messages to pre-registered members all at once in case of a disaster, was introduced. • It was announced that “CITYPHONE”, a 1.5GHz digital mobile service will be terminated on June 30, 2008. • i-mode services were launched in Romania and Hong Kong. • We expanded the service area of international roaming-out services (for voice calls and SMS to 153 countries and areas, for packet communications to 101 countries and areas, and for videophone calls to 37 countries and areas as of June 30, 2007).
	<<Billing>>	• A new optional packet billing plan called “Biz-hodai”, which enables users of FOMA smart phones without i-mode capability to utilize packet communications at a flat rate, was introduced. • A new discount program for corporate subscribers called “Office Discount” was introduced and the discount rate of “Business Discount” was expanded. • The aggregate number of subscriptions to the flat-rate packet billing plans surpassed 10 million (to reach 10.46 million as of June 30, 2007).

PHS business		• We were continuously engaged in a campaign to encourage current PHS subscribers to migrate to FOMA services. (PHS services will be terminated on January 7, 2008 as already announced.)

Miscellaneous business		• Settlement capability via Internet was added to “iD” services. • We started offering “DCMX GOLD” mobile credit cards. • We started issuing “DCMX” MasterCard credit cards as an addition to the “DCMX” mobile credit cards.

<< 2. Financial Position >>

(1)

Financial position


<Financial position>	Billions of yen
	June 30, 2006			June 30, 2007			Increase (Decrease)
Total Assets	¥	6,022.3		¥	5,923.4		¥	(98.8	)	(1.6	)%
Shareholders’ equity		4,065.5			4,125.2			59.7		1.5
Liabilities		1,955.6			1,797.0			(158.6	)	(8.1	)
Interest bearing liabilities		650.1			502.7			(147.4	)	(22.7	)

Equity ratio (1)		67.5	%		69.6	%		2.1 point		—
Debt ratio (2)		13.8	%		10.9	%		(2.9) point		—

Notes:

(1)

Equity ratio = Shareholders’ equity / Total assets

(2)

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

(2)

Cash flow conditions


<Cash flow>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2007			Increase (Decrease)
Net cash provided by operating activities	¥	98.4		¥	300.7		¥	202.4	205.7	%
Net cash used in investing activities		(264.6	)		(157.8	)		106.7	40.3
Net cash used in financing activities		(282.4	)		(259.3	)		23.2	8.2
Free cash flows (1)		(166.2	)		142.9			309.1	—
Adjusted free cash flows excluding the effects of irregular factors (2) and changes in investments for cash management purposes (3)		(165.9	)		49.2			215.0	—

Notes:

(1)

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

(2)

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

(3)

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.

See the reconciliations to the most directly compatible financial measures calculated and presented in accordance with GAAP on page 17.

•

Net cash provided by operating activities was ¥300.7 billion (up 205.7% compared to the same period of the prior year). The increase in net cash provided by operating activities resulted mainly from a decrease in payment of income taxes to ¥95.1 billion from ¥218.6 billion in the same period of the prior year, after the deferred tax assets from the impairment of our investment in Hutchison 3G UK Holdings Limited was realized during the prior fiscal year. As the bank was closed both on the end of March and June 2007, which fell on weekends, cash in the amount of ¥210.0 billion including cellular revenues, which had been earned during the prior fiscal year, was received during the three months ended June 30, 2007, while the cash reception of ¥214.0 billion including cellular revenues, which were earned during the three months ended June 30, 2007, was deferred to July 2007.

•

Net cash used in investing activities decreased to ¥157.8 billion (down 40.3% compared to the same period of the prior year). An increase in acquisition of long-term investments was more than offset by a combination of a decrease in acquisitions of tangible and intangible assets and an increase in net cash inflows from changes of investments for cash management purposes.

•

Net cash used in financing activities decreased to ¥259.3 billion (down 8.2% compared to the same period of the prior year). An increase in payment for repurchase of our own stock was more than offset by a decrease of repayments for outstanding long-term debt. We spent ¥73.0 billion in the three months ended June 30, 2007 to repurchase our own stock in the market.

•

Free cash flows were ¥142.9 billion. Free cash flows excluding the effects of irregular factors and changes in investments for cash management purposes were ¥49.2 billion.

Financial Statements

For the Three Months Ended June 30, 2007

July 27, 2007

[U.S. GAAP]


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

1. Consolidated Financial Results for the Three Months Ended June 30, 2007 (April 1, 2007 - June 30, 2007)

(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
Three months ended June 30, 2007	1,182,864	(2.9	)%	203,881	(25.2	)%	205,466	(25.1	)%	122,810	(24.9	)%
Three months ended June 30, 2006	1,218,560	2.7	%	272,727	(5.2	)%	274,383	(22.4	)%	163,512	(21.3	)%
(Reference) Year ended March 31, 2007	4,788,093	0.5	%	773,524	(7.1	)%	772,943	(18.8	)%	457,278	(25.1	)%


	Basic Earnings per Share		Diluted Earnings per Share
Three months ended June 30, 2007	2,825.21	(yen)	—
Three months ended June 30, 2006	3,684.23	(yen)	—
(Reference) Year ended March 31, 2007	10,396.21	(yen)	—

Notes:

Percentage indications for operating revenue, operating income, income before income taxes, and net income were the rate of changes compared with the same period of the prior year.

(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
June 30, 2007	5,923,446	4,125,232	69.6	%	95,395.94	(yen)
June 30, 2006	6,022,271	4,065,546	67.5	%	91,999.59	(yen)
(Reference) March 31, 2007	6,116,215	4,161,303	68.0	%	95,456.65	(yen)

(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
Three months ended June 30, 2007	300,736	(157,840	)	(259,284	)	226,966
Three months ended June 30, 2006	98,381	(264,584	)	(282,441	)	391,992
(Reference) Year ended March 31, 2007	980,598	(947,651	)	(531,481	)	343,062

2. Dividends


	Cash dividends per share (yen)
Date of record	September 30	March 31	Total
Year ended March 31, 2007	2,000.00	2,000.00	4,000.00
Year ending March 31, 2008	—	—	—
(Forecasts) Year ending March 31, 2008	2,400.00	2,400.00	4,800.00

3.	Consolidated Financial Results Forecasts for the Fiscal Year Ending March 31, 2008 (April 1, 2007 - March 31, 2008)


	(Millions of yen)
	Operating Revenues	Operating Income	Income before Income Taxes	Net Income
Year ending March 31, 2008	4,728,000 (1.3)%	780,000 0.8%	788,000 1.9%	476,000 4.1%

(Reference)

Expected earnings per share is 11,007.49 yen.

Notes:

We did not revise our earnings forecasts for the fiscal year ending March 31, 2008. (The amounts above are the same as we announced as of April 27, 2007 on “Financial Statements for the Fiscal Year Ended March 31, 2007”.)

4.	Others


(1)	Change of reporting entities (Change of condition of significant consolidated subsidiaries)	None
(2)	Adoption of simplified accounting and reporting policies	None
(3)	Change of significant accounting and reporting policies for consolidated financial statements	None

LOGO Explanation for forecasts of operation and other notes.

The mobile communications market in Japan is characterized by rapid changes in the market environment due to technical innovations, market entry by new competitors and other factors. To respond to such changes, our corporate group may introduce new billing plans or other measures that could potentially have a significant impact on our revenues and income. The timing of introduction of such measures will be decided after comprehensively taking into consideration our operational circumstances and the actions of our competitors, and therefore, is not necessarily decided beforehand. Such measures, depending on the timing of implementation, may significantly affect our results forecasts to be made at the time of our first-half results announcement. Providing such prospects on a half-year basis, therefore, may not be adequate or useful as information to be disclosed to investors. Accordingly, we will provide prospects for the full year only, and report the progress vis-à-vis the projected full-year forecasts by disclosing actual results on a quarterly basis.

With regard to the assumptions and other related matters concerning consolidated financial results forecasts for the fiscal year ending March 31, 2008, please refer to page 18.

Consolidated financial statements in this earnings release are unaudited.

<< Consolidated Financial Statements >>

1.	Consolidated Balance Sheets


	Millions of yen
	(UNAUDITED) June 30, 2006			(UNAUDITED) June 30, 2007			Increase (Decrease)					March 31, 2007
ASSETS
Current assets:
Cash and cash equivalents	¥	391,992		¥	226,966		¥	(165,026	)	(42.1	)%	¥	343,062
Short-term investments		151,747			102,783			(48,964	)	(32.3	)		150,543
Accounts receivable		612,228			862,382			250,154		40.9			872,323
Allowance for doubtful accounts		(14,258	)		(13,010	)		1,248		8.8			(13,178	)
Inventories		252,098			168,772			(83,326	)	(33.1	)		145,892
Deferred tax assets		95,773			88,438			(7,335	)	(7.7	)		94,868
Prepaid expenses and other current assets		148,825			152,133			3,308		2.2			138,403

Total current assets		1,638,405			1,588,464			(49,941	)	(3.0	)		1,731,913

Property, plant and equipment:
Wireless telecommunications equipment		4,824,010			5,223,631			399,621		8.3			5,149,132
Buildings and structures		744,284			783,452			39,168		5.3			778,638
Tools, furniture and fixtures		616,688			616,940			252		0.0			613,945
Land		198,128			199,227			1,099		0.6			199,007
Construction in progress		174,381			107,301			(67,080	)	(38.5	)		114,292
Accumulated depreciation and amortization		(3,743,584	)		(4,066,484	)		(322,900	)	(8.6	)		(3,954,361	)

Total property, plant and equipment, net		2,813,907			2,864,067			50,160		1.8			2,900,653

Non-current investments and other assets:
Investments in affiliates		177,207			177,364			157		0.1			176,376
Marketable securities and other investments		300,150			291,896			(8,254	)	(2.7	)		261,456
Intangible assets, net		550,412			554,355			3,943		0.7			551,029
Goodwill		141,055			147,696			6,641		4.7			147,821
Other assets		214,129			169,747			(44,382	)	(20.7	)		219,271
Deferred tax assets		187,006			129,857			(57,149	)	(30.6	)		127,696

Total non-current investments and other assets		1,569,959			1,470,915			(99,044	)	(6.3	)		1,483,649

Total assets	¥	6,022,271		¥	5,923,446		¥	(98,825	)	(1.6	)%	¥	6,116,215

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	¥	149,607		¥	59,326		¥	(90,281	)	(60.3	)%	¥	131,005
Short-term borrowings		160			110			(50	)	(31.3	)		102
Accounts payable, trade		715,526			716,746			1,220		0.2			761,108
Accrued payroll		28,053			31,094			3,041		10.8			46,584
Accrued interest		1,044			1,198			154		14.8			809
Accrued income taxes		69,747			53,951			(15,796	)	(22.6	)		68,408
Other current liabilities		141,599			163,116			21,517		15.2			154,909

Total current liabilities		1,105,736			1,025,541			(80,195	)	(7.3	)		1,162,925

Long-term liabilities:
Long-term debt (exclusive of current portion)		500,300			443,253			(57,047	)	(11.4	)		471,858
Liability for employees’ retirement benefits		137,344			137,799			455		0.3			135,890
Other long-term liabilities		212,218			190,429			(21,789	)	(10.3	)		183,075

Total long-term liabilities		849,862			771,481			(78,381	)	(9.2	)		790,823

Total liabilities		1,955,598			1,797,022			(158,576	)	(8.1	)		1,953,748

Minority interests in consolidated subsidiaries		1,127			1,192			65		5.8			1,164

Shareholders’ equity:
Common stock		949,680			949,680			—		—			949,680
Additional paid-in capital		1,311,013			1,135,958			(175,055	)	(13.4	)		1,135,958
Retained earnings		2,287,302			2,528,778			241,476		10.6			2,493,155
Accumulated other comprehensive income		15,745			14,178			(1,567	)	(10.0	)		12,874
Treasury stock, at cost		(498,194	)		(503,362	)		(5,168	)	(1.0	)		(430,364	)

Total shareholders’ equity		4,065,546			4,125,232			59,686		1.5			4,161,303

Total liabilities and shareholders’ equity	¥	6,022,271		¥	5,923,446		¥	(98,825	)	(1.6	)%	¥	6,116,215

2.	Consolidated Statements of Income and Comprehensive Income


	Millions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2007			Increase (Decrease)					Year ended March 31, 2007
Operating revenues:
Wireless services	¥	1,094,933		¥	1,062,279		¥	(32,654	)	(3.0	)%	¥	4,314,140
Equipment sales		123,627			120,585			(3,042	)	(2.5	)		473,953
Total operating revenues		1,218,560			1,182,864			(35,696	)	(2.9	)		4,788,093

Operating expenses:
Cost of services (exclusive of items shown separately below)		170,022			184,855			14,833		8.7			766,960
Cost of equipment sold (exclusive of items shown separately below)		300,667			315,727			15,060		5.0			1,218,694
Depreciation and amortization		169,288			177,071			7,783		4.6			745,338
Selling, general and administrative		305,856			301,330			(4,526	)	(1.5	)		1,283,577
Total operating expenses		945,833			978,983			33,150		3.5			4,014,569

Operating income		272,727			203,881			(68,846	)	(25.2	)		773,524

Other income (expense):
Interest expense		(1,438	)		(1,557	)		(119	)	(8.3	)		(5,749	)
Interest income		267			455			188		70.4			1,459
Other, net		2,827			2,687			(140	)	(5.0	)		3,709
Total other income (expense)		1,656			1,585			(71	)	(4.3	)		(581	)

Income before income taxes		274,383			205,466			(68,917	)	(25.1	)		772,943

Income taxes		110,736			82,550			(28,186	)	(25.5	)		313,679
Equity in net losses of affiliates		(126	)		(80	)		46		36.5			(1,941	)
Minority interests in consolidated subsidiaries		(9	)		(26	)		(17	)	(188.9	)		(45	)

Net income	¥	163,512		¥	122,810		¥	(40,702	)	(24.9	)%	¥	457,278

Other comprehensive income (loss):
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes		(10,852	)		2,068			12,920		—			(15,763	)
Net revaluation of financial instruments, net of applicable taxes		(98	)		20			118		—			34
Foreign currency translation adjustment, net of applicable taxes		(205	)		(602	)		(397	)	(193.7	)		1,103
Pension liability adjustment, net of applicable taxes		—			(182	)		(182	)	—			—
Minimum pension liability adjustment, net of applicable taxes		119			—			(119	)	(100.0	)		5,562

Comprehensive income	¥	152,476		¥	124,114		¥	(28,362	)	(18.6	)%	¥	448,214

PER SHARE DATA
Weighted average common shares outstanding – basic and diluted (shares)		44,381,601			43,469,272			(912,329	)	(2.1	)		43,985,082

Basic and diluted earnings per share (Yen)	¥	3,684.23		¥	2,825.21		¥	(859.02	)	(23.3	)%	¥	10,396.21

3.	Consolidated Statements of Shareholders’ Equity


	Millions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2007			Increase (Decrease)					Year ended March 31, 2007
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			1,135,958			(175,055	)	(13.4	)		1,311,013
Retirement of treasury stock		—			—			—		—			(175,055	)

At end of period		1,311,013			1,135,958			(175,055	)	(13.4	)		1,135,958

Retained earnings:
At beginning of period		2,212,739			2,493,155			280,416		12.7			2,212,739
Cash dividends		(88,949	)		(87,187	)		1,762		2.0			(176,862	)
Net income		163,512			122,810			(40,702	)	(24.9	)		457,278

At end of period		2,287,302			2,528,778			241,476		10.6			2,493,155

Accumulated other comprehensive income:
At beginning of period		26,781			12,874			(13,907	)	(51.9	)		26,781
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes		(10,852	)		2,068			12,920		—			(15,763	)
Net revaluation of financial instruments, net of applicable taxes		(98	)		20			118		—			34
Foreign currency translation adjustment, net of applicable taxes		(205	)		(602	)		(397	)	(193.7	)		1,103
Pension liability adjustment, net of applicable taxes		—			(182	)		(182	)	—			—
Minimum pension liability adjustment, net of applicable taxes		119			—			(119	)	(100.0	)		5,562
Adjustment to initially apply SFAS No.158, net of applicable taxes		—			—			—		—			(4,843	)

At end of period		15,745			14,178			(1,567	)	(10.0	)		12,874

Treasury stock, at cost:
At beginning of period		(448,196	)		(430,364	)		17,832		4.0			(448,196	)
Purchase of treasury stock		(49,998	)		(72,998	)		(23,000	)	(46.0	)		(157,223	)
Retirement of treasury stock		—			—			—		—			175,055

At end of period		(498,194	)		(503,362	)		(5,168	)	(1.0	)		(430,364	)

Total shareholders’ equity	¥	4,065,546		¥	4,125,232		¥	59,686		1.5	%	¥	4,161,303

4.	Consolidated Statements of Cash Flows


	Millions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2007			Year ended March 31, 2007
I Cash flows from operating activities:
1. Net income	¥	163,512		¥	122,810		¥	457,278
2. Adjustments to reconcile net income to net cash provided by operating activities-
(1) Depreciation and amortization		169,288			177,071			745,338
(2) Deferred taxes		12,253			3,467			74,987
(3) Loss on sale or disposal of property, plant and equipment		2,981			5,661			55,708
(4) Equity in net losses (income) of affiliates		(189	)		21			2,791
(5) Minority interests in consolidated subsidiaries		9			26			45
(6) Changes in assets and liabilities:
(Increase) decrease in accounts receivable		(2,391	)		9,941			(262,032	)
Decrease in allowance for doubtful accounts		(482	)		(168	)		(1,600	)
Increase in inventories		(22,575	)		(22,880	)		83,716
Increase in prepaid expenses and other current assets		(50,431	)		(13,560	)		(39,254	)
(Decrease) increase in accounts payable, trade		(58,341	)		28,963			(42,013	)
Decrease in accrued income taxes		(98,840	)		(14,457	)		(100,197	)
(Decrease) increase in other current liabilities		(13,039	)		8,200			534
Increase in liability for employees’ retirement benefits		1,833			1,909			379
Increase (decrease) in other long-term liabilities		4,419			7,722			(26,241	)
Other, net		(9,626	)		(13,990	)		31,159

Net cash provided by operating activities		98,381			300,736			980,598

II Cash flows from investing activities:
1. Purchases of property, plant and equipment		(185,941	)		(143,705	)		(735,650	)
2. Purchases of intangible and other assets		(63,391	)		(80,927	)		(213,075	)
3. Purchases of non-current investments		(15,017	)		(31,259	)		(41,876	)
4. Proceeds from sale and redemption of non-current investments		36			50,452			50,594
5. Purchases of short-term investments		(762	)		(2,416	)		(3,557	)
6. Redemption of short-term investments		411			141			4,267
7. Long-term bailment for consumption to a related party		—			50,000			—
8. Other, net		80			(126	)		(8,354	)

Net cash used in investing activities		(264,584	)		(157,840	)		(947,651	)

III Cash flows from financing activities:
1. Repayment of long-term debt		(142,316	)		(98,200	)		(193,723	)
2. Proceeds from short-term borrowings		160			60			18,400
3. Repayment of short-term borrowings		(152	)		(52	)		(18,450	)
4. Principal payments under capital lease obligations		(1,185	)		(905	)		(3,621	)
5. Payments to acquire treasury stock		(49,998	)		(72,998	)		(157,223	)
6. Dividends paid		(88,949	)		(87,187	)		(176,862	)
7. Other, net		(1	)		(2	)		(2	)

Net cash used in financing activities		(282,441	)		(259,284	)		(531,481	)

IV Effect of exchange rate changes on cash and cash equivalents		(88	)		292			872

V Net increase (decrease) in cash and cash equivalents		(448,732	)		(116,096	)		(497,662	)
VI Cash and cash equivalents at beginning of period		840,724			343,062			840,724

VII Cash and cash equivalents at end of period	¥	391,992		¥	226,966		¥	343,062

Supplemental disclosures of cash flow information:
Cash received during the period for
Income taxes	¥	5		¥	6		¥	925
Cash paid during the period for:
Interest		1,659			1,169			6,203
Income taxes		218,557			95,078			359,861
Non-cash investing and financing activities:
Retirement of treasury stock		—			—			175,055

Notes to Unaudited Consolidated Financial Statements

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

The adoption of a new accounting standard and a subsequent event for the three months ended June 30, 2007 are as follows:

1.	Adoption of a new accounting standard

Accounting for Uncertainty in Income Taxes

Effective April 1, 2007, DoCoMo applied the Financial Accounting Standards Board Interpretation No. 48 “Accounting for Uncertainty in Income Taxes—an interpretation of Statement of Financial Accounting Standards (“SFAS”) No. 109” (“FIN 48”). FIN 48 clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements in accordance with SFAS No. 109. FIN 48 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return as well as provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The application of FIN 48 did not have a material impact on DoCoMo’s results of operations and financial position.

2.	Subsequent event

Disbursement of substitutional portion to the NTT Plan

DoCoMo participates in a contributory defined benefit welfare pension plan sponsored by the NTT group (“NTT Plan”). On July 1, 2007, the NTT plan was granted an approval by the Japanese government, which permitted the NTT plan to be released from the past obligation to disburse the NTT Plan benefits covering the substitutional portion. No accounting should be recognized until the completion of the entire transfer. It is undetermined when the transfer of the benefit obligations and related plan assets will take place and what the net effect of settlement on DoCoMo’s result of operations and financial position will be. If the amount equivalent to the substitutional portion had been repaid on March 31, 2007, the estimated amount of such effect on DoCoMo’s results of operations would have been approximately ¥25 billion.

(APPENDIX 1)

Operation Data for 1st Quarter of Fiscal Year Ending March 31, 2008


		[Ref.] Fiscal Year Ended Mar. 31, 2007 Full-year Results		[Ref.] First Quarter (Apr.-Jun.2006) Results		Fiscal Year Ending Mar. 2008 First Quarter (Apr.-Jun. 2007) Results		[Ref.] Fiscal Year Ending Mar. 31, 2008 Full-year Forecast
*Cellular*
Subscriptions	thousands	52,621		51,672		52,846		53,890
FOMA	thousands	35,529		26,217		37,854		44,420
mova	thousands	17,092		25,456		14,991		9,470
Market share (1) (2)	%	54.4		55.6		53.9		—
Net increase from previous period (2)	thousands	1,477		529		225		1,269
FOMA (2)	thousands	12,066		2,753		2,325		8,891
mova (2)	thousands	(10,589	)	(2,225	)	(2,100	)	(7,622	)
Aggregate ARPU (FOMA+mova) (3)	yen/month/contract	6,700		6,900		6,560		6,480
Voice ARPU (4)	yen/month/contract	4,690		4,930		4,440		4,330
Packet ARPU	yen/month/contract	2,010		1,970		2,120		2,150
i-mode ARPU	yen/month/contract	1,990		1,950		2,090		2,130
ARPU generated from international services (5)	yen/month/contract	50		50		60		70
ARPU generated purely from i-mode (FOMA+mova) (3)	yen/month/contract	2,160		2,120		2,270		2,310
Aggregate ARPU (FOMA) (3)	yen/month/contract	7,860		8,300		7,370		7,150
Voice ARPU (4)	yen/month/contract	5,070		5,420		4,710		4,540
Packet ARPU	yen/month/contract	2,790		2,880		2,660		2,610
i-mode ARPU	yen/month/contract	2,750		2,840		2,630		2,570
ARPU generated from international services (5)	yen/month/contract	80		70		80		80
ARPU generated purely from i-mode (FOMA) (3)	yen/month/contract	2,830		2,910		2,730		2,680
Aggregate ARPU (mova ) (3)	yen/month/contract	5,180		5,540		4,600		4,370
Voice ARPU (4)	yen/month/contract	4,190		4,460		3,800		3,650
i-mode ARPU	yen/month/contract	990		1,080		800		720
ARPU generated from international services (5)	yen/month/contract	20		20		10		20
ARPU generated purely from i-mode (mova) (3)	yen/month/contract	1,160		1,260		970		890
MOU (FOMA+mova) (3)	minute/month/contract	144		145		140		—
MOU (FOMA) (3)	minute/month/contract	175		181		161		—
MOU (mova) (3)	minute/month/contract	104		110		89		—
Churn Rate (2)	%	0.78		0.64		0.85		—
2in1 Subscriptions (6)	thousands	—		—		67		—
Communication Module Service Subscriptions (7)	thousands	1,027		733		1,140		1,310
FOMA Ubiquitous plan (8)	thousands	277		40		392		—
DoPa Single Service (9)	thousands	750		693		748		—
Prepaid Subscriptions (9)	thousands	45		49		43		—
*i-mode*
Subscriptions	thousands	47,574		46,823		47,725		48,590
FOMA	thousands	34,052		25,511		36,089		—
i-appli compatible (10) (11)	thousands	38,800		36,000		39,206		—
i-mode Subscription Rate (2)	%	90.4		90.6		90.3		90.2
Net increase from previous period	thousands	1,214		463		151		1,016
i-mode Flat-rate Packet Communication Plan Subscriptions (12)	thousands	9,563		6,912		10,455		—
i-channel Subscriptions	thousands	10,580		3,624		12,272		—
Percentage of Packets Transmitted
Web	%	98		97		98		—
Mail	%	2		3		2		—
*Others*
PHS Subscriptions	thousands	453		679		374		—
DCMX Subscriptions (13)	thousands	2,090		310		2,850		4,000

*	Please refer to the attached sheet (P.16) for the definition of ARPU and MOU, and 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 subscriptions.

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

(4)	Inclusive of circuit-switched data communications

(5)	Inclusive of Voice Communications and Packet Communications

(6)	Not included in Cellular subscriptions nor FOMA subscriptions

(7)	Included in total cellular subscriptions

(8)	Included in FOMA subscriptions

(9)	Included in mova subscriptions

(10)	Sum of FOMA handsets and mova handsets

(11)	The number of subscribers prior to the third quarter results of Fiscal Year ended March 31, 2007 are revised due to the change of calculation method.

(12)	Sum of “pake-hodai” subscriptions and “pake-hodai full” subscriptions

(13)	Inclusive of DCMX mini subscriptions

(APPENDIX 2)

Definition and Calculation Methods of ARPU and MOU

1. Definition of ARPU and MOU

ARPU (Average monthly Revenue Per Unit)¹:

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 communication charges and packet communication charges, from designated services which are incurred consistently each month, by the 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.

ii)

MOU (Minutes of Usage): Average monthly communication time per user.

2. ARPU Calculation Methods

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

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

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

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

i-mode ARPU (mova) ²: i-mode ARPU (mova) Related Revenues (monthly charges, packet communication 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 communication charges) / No. of active i-mode subscribers (mova)

iv)

ARPU (PHS)

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

3. Active Subscribers Calculation Methods

No. of active subscribers used in ARPU/MOU/Churn Rate calculations is the sum of No. of active subscribers⁴ for each month.

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

2	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.

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

4	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
	Three months ended June 30, 2006			Three months ended June 30, 2007
a. EBITDA	¥	445.0		¥	386.6

Depreciation and amortization		(169.3	)		(177.1	)
Losses on sale or disposal of property, plant and equipment		(3.0	)		(5.7	)

Operating income		272.7			203.9

Other income (expense)		1.7			1.6
Income taxes		(110.7	)		(82.6	)
Equity in net losses of affiliates		(0.1	)		(0.1	)
Minority interests in consolidated subsidiaries		(0.0	)		(0.0	)

b. Net income		163.5			122.8

c. Total operating revenues		1,218.6			1,182.9

EBITDA margin (=a/c)		36.5	%		32.7	%
Net income margin (=b/c)		13.4	%		10.4	%


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 purposes

	Billions of yen
	Three months ended June 30, 2006			Three months ended June 30, 2007
Free cash flows excluding irregular factors and changes in investments for cash management purposes	¥	(165.9	)	¥	(49.2	)

Irregular factors (1)		—			(4.0	)
Changes of investments for cash management purposes (2)		(0.4	)		97.7

Free cash flows		(166.2	)		142.9

Net cash used in investing activities		(264.6	)		(157.8	)
Net cash provided by operating activities		98.4			300.7

Note:

(1) Irregular factors represent the effects of uncollected revenues due to a bank closure at the end of the fiscal period.

Irregular factors during the three months ended June 30, 2007 was net effects of bank closures as of March 31,
2007 and June 30, 2007.

(2) Changes in investments for cash management purposes were derived from purchases, redemption at maturity and disposals of financial instruments held for cash management purposes 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 becomes more fierce due to changes in the business environment caused by the Mobile Number Portability, new market entrants, competition from other cellular service providers or other technologies, and other factors, could limit our acquisition of new subscribers, retention of existing subscribers and 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 could restrict our business operations, which 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 confidential business information including personal information by our corporate group, contractors and other factors, may adversely affect our credibility or corporate image.

10.

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.

11.

Earthquakes, power shortages, malfunctioning of equipment, 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.

12.

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

13.

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

Names of companies or products presented in this document are the trademarks or registered trademarks of their respective organizations.

NTT DoCoMo, Inc.

RESULTS FOR THE FIRST THREE MONTHS

OF THE FISCAL YEAR ENDING MAR. 31, 2008

JULY 27, 2007

RESULTS

FOR

FY2007

SLIDE No.

/27

Forward-Looking Statements

This presentation 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

differ

materially

from

those

contained

suggested

any

forward-looking statement. Potential risks and uncertainties include, without limitation, the following:

1. As competition in the market becomes more fierce due to changes in the business environment caused by the Mobile Number Portability,

new market

entrants,

competition

from

other

cellular

service

providers

other

technologies,

and

other

factors,

could

limit

our

acquisition of new subscribers, retention of existing subscribers and ARPU, or may lead to an increase in our costs and expenses.

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

3. The introduction or change of various laws or regulations or the application of such laws and regulations to our corporate group could

restrict our

business

operations,

which

may

adversely

affect

our

financial

condition

and

results

operations.

4. Limitations in

the

amount

frequency

spectrum

facilities

made

available

could

negatively

affect

our

ability

maintain

and

improve

our service quality and level of customer satisfaction.

5. 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.

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

7. 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

los

of handsets,

imperfection

services

provided

such

other

parties

may

arise,

which

could

have

adverse

effect

our financial

condition and results of operations.

8. Social

problems

that

could

caused

misuse

misunderstanding

our

products

and

services

may

adversely

affect

our

credibility

corporate image.

9. Inadequate handling of confidential business information, including personal information by our corporate group, contractors and other

factors, may adversely affect our credibility or corporate image.

10. 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.

11. Earthquakes, power shortages, malfunctioning of equipment, software bugs, computer viruses, cyber attacks, hacking, unauthorized

access and other problems could cause systems failures in the networks required for the provision of services, disrupting our ability to offer

services to our subscribers and may adversely affect our credibility or corporate image.

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

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

our other shareholders.

Copyright (C) 2007

NTT DoCoMo, Inc. All rights reserved.

FY2007 First Quarter

Results Highlights

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

FY2007 1Q Financial Results Highlights

US GAAP

-3.8

points

-13.1

-24.9 %

-25.1 %

-25.2 %

-3.1 %

-2.9 %

Changes

(1)

(2)

33.3

32.7

36.5

EBITDA

margin

(%)

8.8 %

560.0

49.2

-165.9

Adjusted Free Cash Flow

(Billions of yen) **

25.1 %

4,118.0

1,032.7

1,065.4

Cellular Services Revenues

(Billions of yen)

Progress to

forecast

(2) /(3)

2008/3

(Full year

forecast)

(3)

2007/4-6

(1Q) (2)

2006/4-6

(1Q) (1)

1,573.0

476.0

788.0

780.0

4,728.0

26.1 %

205.5

274.4

Income Before Income Taxes

(Billions of yen)

26.1 %

203.9

272.7

Operating Income

(Billions of yen)

25.0 %

1,182.9

1,218.6

Operating Revenues

(Billions of yen)

24.6

386.6

445.0

EBITDA

(Billions of yen)*

25.8 %

122.8

163.5

Net income

(Billions of yen)

Consolidated financial statements in this document are unaudited.

* For an explanation of the calculation processes for these numbers, please see the reconciliations to the most directly comparable financial measures

calculated

and

presented

accordance

with

GAAP

Slide

and the IR page of our web site, www.nttdocomo.co.jp.

**Adjusted free cash flow excludes 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 1Q OF FY2007

SLIDE No.

/27

FY2007 1Q Results Highlights

Operating income: 203.9 billion yen

(Down 68.8

billion yen year-on-year)

Progress to FY2007 full-year forecast: 26.1%

Operating revenues:

Down 35.7 billion yen year-on-year

Cellular services revenues decreased 32.8 billion yen year-on-year.

(Inclusive of 30.6 billion-yen impact of incurring in revenues the portion of

“Nikagetsu

Kurikoshi”

(2-month carry over) allowances that are projected

to expire)

Operating expenses:

Up 33.2 billion yen year-on-year

Revenue-linked expenses grew 9.5 billion yen due to increased handset sales

Depreciation/amortization increased 7.8 billion yen (inclusive of impact of

changes in depreciation methods)

Other expenses grew 14.7 billion yen, due to increase in no. of base stations,

etc.

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

-20

100

05/4

06/1

06/4

07/1

07/4

DoCoMo’s

market share of net additions in FY2007/1Q was 17.6%

* No. of “2 in 1”

service subscribers as of June 30, 2007: 66,800

DoCoMo’s

market

net

adds

calculated

inclusive

“2in1”

subscribers:

June: 29.7%, FY2007/1Q cumulative: 21.7%

Source

data

used

calculation:

Telecommunications

Carriers

Association

(TCA)

SoftBank

KDDI(au+TU-KA)

Subscribers of EMOBILE, Ltd. are not included

Full-year net adds share: 48.4%

Full-year net adds share: 30.0%

Monthly Market Share of Net Additions

FY2005

FY2006

FY2007

(%)

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

·Churn rate for FY2007/1Q was 0.85%

0.00

0.50

1.00

1.50

2.00

05/4-6(1Q)

7-9(2Q)

10-12(3Q)

06/1-3(4Q)

06/4-6(1Q)

7-9(2Q)

10-12(3Q)

07/1-3(4Q)

07/4-6(1Q)

0.85%

0.97%

0.93%

Churn Rate

Full-year churn rate:

0.77%

Full-year churn rate:

0.78%

FY2006/2H:0.95%

Inclusive of Communication Module Service subscribers

FY2005

FY2006

FY2007

(%)

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

FOMA subscribers reached 37.85 million as of June 30, 2007

(71.6% of DoCoMo’s

total cellular subscribers)

1,000

2,000

3,000

4,000

5,000

6,000

05/6

05/9

05/12

06/3

06/6

06/9

06/12

07/3

07/6

08/3(Forecast)

mova

5,389

1,371

(27.7%)

2,622

(50.7%)

4,442

(82.4%)

3,785

(71.6%)

5,285

3,553

(67.5%)

FOMA subs. 

projected

to reach 

80% of total

Numbers in

parentheses

indicate

the

percentage

FOMA

subscribers

total

cellular subscribers

(10,000 subs.)

Inclusive of Communication Module Service subscribers

Subscriber Migration to FOMA

% of FOMA subs

to total:

Topped

70%

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

100

120

140

160

180

200

-25

-20

-15

-10

-5

MOU

(

Left axis

)

149

152

151

146

145

146

139

140

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

-2.0

-1.9

-1.3

0.7

-2.7

-3.9

-3.3

-4.8

-3.4

05/4-6(1Q)

7-9(2Q)

10-12(3Q)

06/1-3(4Q)

06/4-6(1Q)

7-9(2Q)

10-12(3Q)

07/1-3(4Q)

07/4-6(1Q)

·MOU for

FY2007/1Q

was

140

minutes

(down 3.4% year-on-year)

Cellular (FOMA+mova) MOU

For an explanation of MOU, please see Slide 26

of this document, “Definition and Calculation Methods of MOU and ARPU”

(%)

(minutes)

Full-year MOU: 149

minutes

(Down 1.3% year-on-year)

Full-year MOU: 144 minutes

(Down 3.4% year-on-year)

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

-20.0

-15.0

-10.0

-5.0

0.0

5.0

10.0

15.0

20.0

Packet ARPU (Left axis)

1,820

1,880

1,940

1,970

1,980

2,010

2,080

2,120

(Incl.) i-mode ARPU

1,810

1,870

1,860

1,920

1,950

1,960

1,990

2,060

2,090

Voice ARPU (Left Axis)

5,120

5,170

5,040

4,780

4,930

4,740

4,660

4,450

4,440

International service ARPU

30(Incl.)

40(Incl.)

50(Incl.)

60(Incl.)

Year-on-year changes in aggregate ARPU (Right axis)

-6.2

-4.0

-3.5

-2.9

-0.6

-4.7

-3.6

-2.8

-4.9

05/4-6(1Q)

7-9(2Q)

10-12(3Q)

06/1-3(4Q)

4-6(1Q)

7-9(2Q)

10-12(3Q)

07/1-3(4Q)

4-6(1Q)

6,940

7,050

6,920

6,530

6,900

6,720

6,670

6,720

Cellular (FOMA+mova) ARPU

Full-year aggregate ARPU: ¥6,910

(Down 4.0% year-on-year)

Full-year aggregate ARPU: ¥6, 700

(Down 3.0% year-on-year)

•The ARPU data for FY2006/1Q and FY2006 full-year include the impact of

incurring revenues for the portion of “Nikagetsu

Kurikoshi(two

month carryover)”

allowances that are projected to expire, which are estimated as fellows:

u FY2006/1Q (actual): 200 yen

u FY2006/full-year (actual): 50 yen

YOY

changes

aggregate

ARPU

(excluding

the

impact

incurring

revenues

for

the

portion

“Nikagetsu

Kurikoshi(two

month

carryover)”

allowances

that

are

projected

expire)

International service-related revenues, which had not been included in previous reports, have been included in the ARPU data calculations as of the fiscal year ended Mar. 31, 2006,

in view of their growing contribution to total revenues.

For

explanation

ARPU,

please

see

Slide

this

document,

“Definition

and

Calculation

Methods

MOUand

ARPU”.

(%)

(yen)

•

FY2007/1Q aggregate ARPU: 6,560

yen

(Excluding impact of irregular factors: Down 2.1%

year-on-year)

6,560

Principal Actions

Planned For FY2007

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

“pake-hodai”

Subscribers

·Subscriber base

“pake-hodai”

service

grew

10.46 million

200

400

600

800

1,000

1,200

1,400

05/6

05/9

05/12

06/3

06/6

06/9

06/12

07/3

07/6

08/3(Forecast)

Richer contents

Pake-hodai

Service menu

Grow users

1,046

“pake-hodai”

subscription rate *

28%

(As of June 2007)

* *

“pake-hodai”

subscription rate=No. of “pake-hodai”

subscribers/total FOMA subscribers

* Inclusive of “pake-hodai

full”

subscribers

No. of “pake-hodai”

subscribers

(10,000 subscribers)

Lifted pake-hodai

subscription

restrictions

from March 2006

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

i-channel

No. of i-channel subscribers reached 12.27 million

(Boosting

ARPU

and

facilitating

users’

migration

flat-rate

package)

200

400

600

800

1,000

1,200

1,400

1,600

1,800

05/9

05/12

06/3

06/6

06/9

06/12

07/3

07/6

08/3

(

Forecast

)

1,227

i-channel subscription rate*

46%

(As of June 2007)

n Boosted data ARPU

i-channel revenue per subscriber:

340 yen/month

Equivalent to 70

yen of data ARPU

(Estimated value for FY2007/1Q)

No. of “i-channel”

subscribers

(10,000 subscribers)

i-channel subscription

rate:

No.

“i-channel”

subscribers/Total

users

compatible handsets

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

Video

“i-movie gate”

Improved video viewing environment

via cell phones

Faster

transmission

speeds

Enhanced

video viewing

functions

HSDPA

10MB

i-motion

Targets of service

Pioneer “mobile video market”

ahead of competition

Animation

Movie

Music Video

Gravure

Comprehensive variety entertainment

video delivery site

Overwhelmingly large content portfolio

500

titles

1,500

titles

(at launch)

(by 2007/end)

(Planned)

Sukima

Switch

*“The

Melancholy

Haruhi

Suzumiya”

(C)Nagaru

Tanigawa/Noizi

Ito/SOS

Brigade

AkiHoshino,

G-Telemovie

“Scandal”

(C)Kadokawa

The

Television

Co.

Ltd.

Kadokawa

Movies

Newly

opened

video

delivery

web

site

“i-movie

gate”

leveraging

our

alliance with Kadokawa

Group.

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

Credit Business

100

150

200

250

300

06/4

07/1

(10,000 subscribers)

As of Mar. 31, 2008:

Target no. of DCMX members:

million

Target no. of iD

payment terminals installed:

Approx. 250,000

Enriched card lineup

Establish CXD NEXT Co.,

Ltd

Started

issuance of:

Gold card

Family card

ETC card

Started accepting

applications for :

MasterCard

Reinforce DCMX member acquisition

e-payment-related

Proprietor Support

Mobile credit iD

Magnetic credit card

Sales calculation/

management

Scanning

April 2007

May 2007

DCMX

membership

topped

million.

No.

payment

terminals installed grew to approx. 190,000 units.

Expand iD

usage opportunities in

small/medium-size retail outlets

DCMX membership:

Over 3 million

No. of iD

payment terminals installed:

Approx. 190,000

(As of Jul. 26, 2007)

Establish DCMX Business Dept.

RESULTS

FOR

FY2007

SLIDE No.

/27

International Services

200

400

600

800

1,000

06/3

06/6

06/9

06/12

07/3

07/6

(10,000 subscribers)

(%)

% of own-handset roamers*

No. of roaming-enabled

handset users

(Billions of yen)

own-handset

roamers:

No.

“World

Wing”

roaming

users

using

own

handset//Total

roaming

service

users

FY2006/1Q

FY2007/1Q

Int’l dialing

revenues

Int’l roaming

revenues

3.6

7.3

10.3

10. 3

5.6

International Services Revenues

of own-handset roamers

International services revenues grew 41% year-on-year

Expanded W-CDMA roaming coverage (effect of overseas investment/alliance)

+41%

+56%

Saipan

refers

Commonwealth

the

Northern

Mariana

Islands

(CNMI),

self-governing

dominion

the

USA,

comprising 14 islands including Saipan.

Grow

int’l

roaming

revenues

Boost

DoCoMo’s

competitiveness

home

market

Effects of overseas investment/

alliance becoming increasingly visible

Korea

Completed nationwide rollout of

W-CDMA and HSDPA

Guam/Saipan

Plan to launch W-CDMA and HSDPA in

2008 and beyond

To enable use of DoCoMo’s

3G roaming-

enabled handsets

Hawaii Islands

Plan to launch W-CDMA in 2007/2H

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

Combine with “Family Discount”

for more benefits!

Billing Plans

**The unused communication allowances remaining after carried over for two months can be shared with other family members in

proportion to each family member’s usage in excess of the allowance provided for the applicable month.

With a 2-year contract,*

Subscribers can immediately receive

50% discount on basic

monthly charge

Cancellation fee of 9,975 yen will be incurred if subscribers cancels discount service, cancels subscription or suspends use

of subscribed circuit during the two-year period (except for month following the maturity of contract).

Carry over up to 2

months and share

allowances with

family members* *

* *

Call charge

between family

members:

30%OFF

30%OFF

%OFF

OFF

Mail between

family members:

Free

(i-mode mail)

To introduce 2 new billing plans on Aug. 22, 2007.

(To start accepting applications from Aug. 1, 2007)

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

704i Series

D704i

L704i

P704i

SH704i

SO704i

F704i

N704iµ

P704iµ

Sliding style

“Compact one-segment TV”

phone

HIGH SPEED-enabled

Music phone

Smart Flash™

for clear photos

“Slim slide”

phone

“Compact one-segment

TV”

phone

Optional illuminating

“Style Up”

panel”

Waterproof slim™

“Global”

phone

Illuminating “My

Signal”™

indicator

“SuperSlim”

global phone

Equipped with refined & tough body

“SuperSlim”

global phone

“Slim

& Compact”

704i series, each model equipped with distinctive

set of functions to cater to varying needs of users.

* “Smart Flash”

is a trademark of Matsushita Electric Industrial, Co. Ltd.

* “Waterproof slim”

is a trademark of Fujitsu Limited.

* “My Signal”

is a trademark of NEC Corporation

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

FOMA Network

Capital expenditures

for

FY2007/1Q

were

151.2

billion

yen

(Progress to full-year forecast: 20.2%)

06/6

06/9

06/12

07/3

07/6

08/3 forecast

(No. of outdoor base stations)

: (No. of indoor systems)

25,700

29,300

7,000

8,100

20.2%

750.0

-29.6%

151.2

214.7

CAPEX

(Billions of yen)

Changes

(1) Õ (2)

2008/3

(Full year forecast)

(3)

(As announced 07/4/27)

Progress to forecast

(2)/(3)

2007/4-6

(1Q) (2)

2006/4-6

(1Q) (1)

32,500

9,100

10,400

35,700

42,700

14,000

Enhance quality of

FOMA’s

coverage

HSDPA coverage

Expanded to 82% of populated areas in Japan

Facility buildup responding to

increased data capacity

11,300

37,300

Strengthen area tuning

Interactive coverage roll-out

listening to customers’

requests

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

Reinforce Brand Marketing

Customers

Dialogue with

customers/market

Corporate Branding Division

Marketing research

Design

“one step ahead”

brand strategy

Comprehensive

promotion based on

brand strategy

Collect

customers’

comments

System

Channel

Coverage

Billing

plan

Handset

Service

Promotion

Deployment at business unit

•

To establish Corporate Branding Division in August 2007

RESULTS

FOR

FY2007

SLIDE No.

/27

Fiscal year ending Mar. 31, 2008

Planned

Dividend

per

4,800

yen

(Up

20%)

Repurchase of own shares :

Authorized to repurchase up to 1 million shares (upper limit) for up to

200 billion

yen

Ordinary

General

Meeting

Shareholders

June

19,

2007.

(Plan to cancel treasury shares kept in excess of 5% of issued shares at end of fiscal year)

Repurchase of Own Shares

No. of shares repurchased

(millions of shares)

Budget (billions of yen)

1.0

1.4

Max. authorized

200

Repurchase

authorized

16th

ordinary

general shareholder mtg

0.95

(67.7%)

180.2

(72.1%)

250

Repurchase

authorized

15th

ordinary

general shareholder mtg

Actual no. of shares

repurchased

Actual amount

spent

Max.

authorized

Return to Shareholders

Returning profits to shareholders is considered one of the most important

issues in our corporate policies

Appendices

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

US GAAP

1,000

2,000

3,000

4,000

5,000

Equipment sales

123.6

120.6

478.0

Other revenues

22.5

25.8

123.0

PHS revenues

7.0

3.8

9.0

Cellular services revenues (voice, packet)*

1,065.4

1,032.7

4,118.0

2006/4-6(1Q)

2007/4-6(1Q)

2008/3(Full-year forecast)

4,728.0

1,218.6

1,182.9

Operating Revenues-

“International

services

revenues”

are

included

“Cellular

services

revenues

(voice,

packet)”.

(Billions of yen)

FY2007

Operating revenues

Compared to FY2006:

Down 2.9%

(Cellular services revenues)

Compared to FY2006:

Down 3.1%

(Equipment sales revenues)

Compared to FY2006:

Down 2.5%

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

US GAAP

3,948.0

945.8

979.0

Operating Expenses

Revenue-linked expenses: Cost of equipment sold + distributor commissions + cost of DoCoMo Point service

(Billions of yen)

1,000

2,000

3,000

4,000

Personnel expenses

62.9

62.8

253.0

Taxes and public duties

9.3

9.8

39.0

Depreciation and amortization

169.3

177.1

753.0

Loss on disposal of property, plant and

equipment and intangible assets

4.3

7.6

64.0

Communication network charges

90.7

88.1

349.0

Non-personnel expenses

609.3

633.5

2,490.0

(Incl.) Revenue-linked expenses*

447.1

456.5

1,727.0

(Incl.) Other non-personnel expenses

162.3

177.0

763.0

2006/4-6(1Q)

2007/4-6(1Q)

2008/3 (Full year forecast)

FY2007

Operating expenses

Compared to FY2006:

Up 3.5%

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

100

200

300

400

500

600

700

800

Other (information systems, etc.)*

27.1

24.9

139.0

PHS business

0.2

0.1

0.0

Mobile phone business (FOMA)

156.4

106.9

518.0

Mobile phone business (mova)

6.5

2.7

8.0

Mobile phone business (Other)

24.5

16.7

85.0

2006/4-6(1Q)

2007/4-6(1Q)

2008/3(Full year forecast)

214.7

750.0

151.2

Capital Expenditures

(Billions of yen)

FY2007

CAPEX

Compared to FY2006:

Down 29.6%

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

48,590

+1.9

47,725

46,823

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)*

-79.3

468

-77.4

345

-1.7

Points

53.9

55.6

1,310

+55.5

1,140

733

44,420

+44.4

37,854

26,217

9,470

-41.1

14,991

25,456

53,890

+2.3

52,846

51,672

-4.4

3,030

3,170

2008/3

(Full year forecast)

Changes

(1) Õ(2)

2007/4-6

(1Q)

(2)

2006/4-6

(1Q)

(1)

+76.3

2,791

1,583

-15.9

1,780

2,117

+25.4 %

1,492

1,190

-19.4

-44.9

374

679

+0.21

Points

0.85

0.64

*Communication Module Service subscribers are included in the no. of cellular phone subscribers to align the calculation method of subscribers with

other

cellular

phone

carriers.

(Market

share,

the

no.

handsets

sold

and

churn

rate

are

calculated

inclusive

Communication

Module

Service

subscribers.)

** Other includes purchases of additional handsets by existing FOMA subscribers.

***

For an explanation of MOU and ARPU, please see Slide 26 of this document, “Definition and Calculation Methods of MOU and ARPU”.

Operational

Results

and

Forecasts-

RESULTS

FOR

FY2007

SLIDE No.

/27

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

calculated

dividing

various

revenue

items

included

our

wireless

services

revenues,

such

monthly

charges,

voice

transmission

charges and packet transmission charges, from designated services which are incurred consistently each month, by the 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. The revenue items included in the

numerators of our ARPU figures are based on our U.S. GAAP results of operations.

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) Related Revenues (monthly charges, voice transmission charges) / No. of 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 no. of subscribers of Communication Module Service are not included in the above calculation of ARPU and MOU.

RESULTS FOR 1Q OF FY2007

SLIDE No.

/27

Reconciliation of the Disclosed Non-GAAP Financial Measures to

the Most Directly Comparable GAAP Financial Measures

EBITDA and EBITDA margin

Billions of yen

Three months ended

June 30, 2006

Three months ended

June 30, 2007

a. EBITDA

445.0

386.6

(169.3)

(177.1)

(3.0)

(5.7)

272.7

203.9

1.7

1.6

(110.7)

(82.6)

(0.1)

(0.0)

163.5

122.8

1,218.6

1,182.9

36.5%

32.7%

13.4%

10.4%

Note:

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

Billions of yen

Three months ended

June 30, 2006

Three months ended

June 30, 2007

(¥

165.9)

49.2

(4.0)

(¥

0.4)

97.7

(166.2)

142.9

(264.6)

(157.8)

98.4

300.7

Note:

Irregular

factors

during

the

three

months

ended

June

30,

2007

was

net

effects

bank

closures

March

31,

2007

and

June

30,

2007.

(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.

Irregular factors (1)

Depreciation and amortization

Losses on sale or disposal of property, plant and equipment

Operating income

Other income (expense)

Income taxes

Equity in net income (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, 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.

Minority interests in consolidated subsidiaries

b. Net income

c. Total operating revenues

EBITDA margin (=a/c)

(1) Irregular factors represent the effects of uncollected revenues due to a bank closure at the end of the fiscal period.

Changes of investments for cash management purpose (2)

Free cash flows

Net cash used in investing activities

Net cash provided by operating activities

Names of companies, products, etc.,

contained in this document are the trademarks or registered trademarks of their respective organizations