THREE-MONTH PERIOD ENDED DECEMBER 31
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
2015
|
|
|
2016
|
|
|
Increase
(Decrease)
|
|
Regional communications business
|
|
|
|
|
|
|
|
|
|
|
|
|
External customers
|
|
¥
|
713,006
|
|
|
¥
|
667,608
|
|
|
¥
|
(45,398
|
)
|
Intersegment
|
|
|
126,659
|
|
|
|
146,801
|
|
|
|
20,142
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
839,665
|
|
|
|
814,409
|
|
|
|
(25,256
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long distance and international communications business
|
|
|
|
|
|
|
|
|
|
|
|
|
External customers
|
|
|
555,991
|
|
|
|
504,408
|
|
|
|
(51,583
|
)
|
Intersegment
|
|
|
22,219
|
|
|
|
27,388
|
|
|
|
5,169
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
578,210
|
|
|
|
531,796
|
|
|
|
(46,414
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mobile communications business
|
|
|
|
|
|
|
|
|
|
|
|
|
External customers
|
|
|
1,157,153
|
|
|
|
1,167,597
|
|
|
|
10,444
|
|
Intersegment
|
|
|
11,320
|
|
|
|
13,615
|
|
|
|
2,295
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
1,168,473
|
|
|
|
1,181,212
|
|
|
|
12,739
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Data communications business
|
|
|
|
|
|
|
|
|
|
|
|
|
External customers
|
|
|
375,703
|
|
|
|
375,191
|
|
|
|
(512
|
)
|
Intersegment
|
|
|
26,372
|
|
|
|
27,391
|
|
|
|
1,019
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
402,075
|
|
|
|
402,582
|
|
|
|
507
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other business
|
|
|
|
|
|
|
|
|
|
|
|
|
External customers
|
|
|
104,549
|
|
|
|
121,365
|
|
|
|
16,816
|
|
Intersegment
|
|
|
200,433
|
|
|
|
200,948
|
|
|
|
515
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
304,982
|
|
|
|
322,313
|
|
|
|
17,331
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Elimination
|
|
|
(387,003
|
)
|
|
|
(416,143
|
)
|
|
|
(29,140
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated total
|
|
¥
|
2,906,402
|
|
|
¥
|
2,836,169
|
|
|
¥
|
(70,233
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2. Segment profit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
2015
|
|
|
2016
|
|
|
Increase
(Decrease)
|
|
Segment profit
|
|
|
|
|
|
|
|
|
|
|
|
|
Regional communications business
|
|
¥
|
77,568
|
|
|
¥
|
98,216
|
|
|
¥
|
20,648
|
|
Long distance and international communications business
|
|
|
34,625
|
|
|
|
(23,484
|
)
|
|
|
(58,109
|
)
|
Mobile communications business
|
|
|
221,855
|
|
|
|
255,598
|
|
|
|
33,743
|
|
Data communications business
|
|
|
35,847
|
|
|
|
31,175
|
|
|
|
(4,672
|
)
|
Other business
|
|
|
18,529
|
|
|
|
29,619
|
|
|
|
11,090
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total segment profit
|
|
|
388,424
|
|
|
|
391,124
|
|
|
|
2,700
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Elimination
|
|
|
4,694
|
|
|
|
946
|
|
|
|
(3,748
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consolidated total
|
|
¥
|
393,118
|
|
|
¥
|
392,070
|
|
|
¥
|
(1,048
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As indicated in 2(3) Change of accounting policy, effective April 1, 2016, NTT and its
subsidiaries in Japan adopted the straight-line method of depreciation and made changes to the residual carrying amount of property, plant, and equipment where necessary.
As a result of the change in depreciation method, segment profit on a consolidated basis for the nine months ended December 31, 2016 increased by ¥66,632 million for Regional
communications business, ¥5,788 million for Long distance and international communications business, ¥109,236 million for Mobile communications business, ¥3,977 million for Other,
decreased by ¥311 million for Data communications business, and increased by ¥185,322 million for total. Segment profit on a consolidated basis for the three months ended December 31, 2016 increased by
¥15,411 million for Regional communications business, ¥1,434 million for Long distance and international communications business, ¥39,806 million for Mobile communications business,
¥218 million for Data communications business, ¥1,790 million for Other, and ¥58,659 million for total.
18
(6) NTT Shareholders Equity
1. Dividends
Cash dividends paid during the nine months ended
December 31, 2016 were as follows:
|
|
|
Resolution
|
|
The shareholders meeting on June 24, 2016
|
Class of shares
|
|
Common stock
|
Source of dividends
|
|
Retained earnings
|
Total cash dividends paid
|
|
¥125,768 million
|
Cash dividends per share
|
|
¥60
|
Record date
|
|
March 31, 2016
|
Date of payment
|
|
June 27, 2016
|
|
|
|
|
|
Resolution
|
|
The Board of Directors meeting on November 11, 2016
|
Class of shares
|
|
Common stock
|
Source of dividends
|
|
Retained earnings
|
Total cash dividends paid
|
|
¥122,225 million
|
Cash dividends per share
|
|
¥60
|
Record date
|
|
September 30, 2016
|
Date of payment
|
|
December 12, 2016
|
2. Treasury stock
On May 13, 2016, the board of directors resolved that NTT may acquire up to 68 million shares of its outstanding common stock for an amount in total not exceeding ¥350 billion from
May 16, 2016 through March 31, 2017. Based on this resolution, NTT repurchased 59,038,100 shares of its common stock at ¥267,384 million on June 14, 2016 using the
ToSTNeT-3,
and
concluded the repurchase of its common stock authorized by board of directors resolution.
On December 12, 2016,
the board of directors resolved that NTT may acquire up to 33 million shares of its outstanding common stock for an amount in total not exceeding ¥150 billion from December 13, 2016 through June 30, 2017. Based on this
resolution, NTT repurchased 2,120,700 shares of its common stock for a total purchase price of ¥10,442 million in December 2016.
NTT also repurchased 7,861,900 shares of its common stock for a total purchase price of ¥39,558 million in January 2017.
(7) Additional Information
Goodwill impairment
As a result of the annual impairment test conducted for the fiscal year ending March 31, 2017, a goodwill impairment loss of
¥48,823 million was recognized during the nine months ended December 31, 2016 for goodwill attributable to the Dimension Data reporting unit in the long distance and international communications business segment. The fair value of the
reporting unit was determined using the discount cashflow method.
(8) Subsequent events
For information on NTTs repurchase of its common stock, see Note 6.
19
4. (Reference)
NON-CONSOLIDATED
FINANCIAL STATEMENTS
(1)
Non-Consolidated
Balance Sheets
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
Millions of yen
|
|
|
|
March 31,
2016
|
|
|
December 31,
2016
|
|
ASSETS
|
|
|
|
|
|
|
|
|
Current assets:
|
|
|
|
|
|
|
|
|
Cash and bank deposits
|
|
|
119
|
|
|
|
1,700
|
|
Accounts receivable, trade
|
|
|
1,573
|
|
|
|
541
|
|
Supplies
|
|
|
337
|
|
|
|
291
|
|
Subsidiary deposits
|
|
|
177,796
|
|
|
|
|
|
Other
|
|
|
371,541
|
|
|
|
489,346
|
|
|
|
|
|
|
|
|
|
|
Total current assets
|
|
|
551,369
|
|
|
|
491,879
|
|
|
|
|
|
|
|
|
|
|
Fixed assets:
|
|
|
|
|
|
|
|
|
Property, plant and equipment
|
|
|
150,044
|
|
|
|
142,606
|
|
Intangible fixed assets
|
|
|
16,609
|
|
|
|
12,681
|
|
Investments and other assets
|
|
|
|
|
|
|
|
|
Investments in subsidiaries and affiliated companies
|
|
|
5,083,451
|
|
|
|
5,069,680
|
|
Long-term loans receivable to subsidiaries
|
|
|
1,211,416
|
|
|
|
1,080,894
|
|
Other
|
|
|
39,171
|
|
|
|
37,403
|
|
|
|
|
|
|
|
|
|
|
Total investments and other assets
|
|
|
6,334,039
|
|
|
|
6,187,977
|
|
|
|
|
|
|
|
|
|
|
Total fixed assets
|
|
|
6,500,693
|
|
|
|
6,343,266
|
|
|
|
|
|
|
|
|
|
|
TOTAL ASSETS
|
|
|
7,052,062
|
|
|
|
6,835,145
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes:
|
|
1.
|
|
The above
non-consolidated
quarterly financial statements are exempt from auditor review for purposes of legal disclosure.
|
|
|
2.
|
|
The above
non-consolidated
quarterly financial statements are prepared based on the Regulation for Terminology, Forms and Preparation
of Quarterly Financial Statements.
|
20
(Reference)
|
|
|
|
|
|
|
|
|
|
|
Millions of yen
|
|
|
|
March 31,
2016
|
|
|
December 31,
2016
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Current liabilities:
|
|
|
|
|
|
|
|
|
Accounts payable, trade
|
|
|
709
|
|
|
|
36
|
|
Current portion of corporate bonds
|
|
|
170,000
|
|
|
|
229,722
|
|
Current portion of long-term borrowings
|
|
|
106,600
|
|
|
|
218,600
|
|
Short-term borrowings
|
|
|
|
|
|
|
3,243
|
|
Accrued taxes on income
|
|
|
601
|
|
|
|
17,745
|
|
Deposits received from subsidiaries
|
|
|
54,113
|
|
|
|
74,130
|
|
Other
|
|
|
24,669
|
|
|
|
33,740
|
|
|
|
|
|
|
|
|
|
|
Total current liabilities
|
|
|
356,693
|
|
|
|
577,218
|
|
|
|
|
|
|
|
|
|
|
Long-term liabilities:
|
|
|
|
|
|
|
|
|
Corporate bonds
|
|
|
686,391
|
|
|
|
556,706
|
|
Long-term borrowings
|
|
|
1,205,874
|
|
|
|
1,075,074
|
|
Long-term borrowings from subsidiaries
|
|
|
50,000
|
|
|
|
100,000
|
|
Liability for employees retirement benefits
|
|
|
31,233
|
|
|
|
32,833
|
|
Asset retirement obligations
|
|
|
1,405
|
|
|
|
1,426
|
|
Other
|
|
|
2,540
|
|
|
|
3,599
|
|
|
|
|
|
|
|
|
|
|
Total long-term liabilities
|
|
|
1,977,445
|
|
|
|
1,769,639
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES
|
|
|
2,334,138
|
|
|
|
2,346,857
|
|
|
|
|
|
|
|
|
|
|
NET ASSETS
|
|
|
|
|
|
|
|
|
Shareholders equity:
|
|
|
|
|
|
|
|
|
Common stock
|
|
|
937,950
|
|
|
|
937,950
|
|
Capital surplus
|
|
|
2,672,826
|
|
|
|
2,672,826
|
|
Earned surplus
|
|
|
1,108,698
|
|
|
|
1,157,723
|
|
Treasury stock
|
|
|
(883
|
)
|
|
|
(278,835
|
)
|
|
|
|
|
|
|
|
|
|
Total shareholders equity
|
|
|
4,718,591
|
|
|
|
4,489,664
|
|
|
|
|
|
|
|
|
|
|
Unrealized gains (losses), translation adjustments, and others:
|
|
|
|
|
|
|
|
|
Net unrealized gains (losses) on securities
|
|
|
(666
|
)
|
|
|
(1,376
|
)
|
|
|
|
|
|
|
|
|
|
Total unrealized gains (losses), translation adjustments, and others
|
|
|
(666
|
)
|
|
|
(1,376
|
)
|
|
|
|
|
|
|
|
|
|
TOTAL NET ASSETS
|
|
|
4,717,924
|
|
|
|
4,488,287
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES AND NET ASSETS
|
|
|
7,052,062
|
|
|
|
6,835,145
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes:
|
|
1.
|
|
The above
non-consolidated
quarterly financial statements are exempt from auditor review for purposes of legal disclosure.
|
|
|
2.
|
|
The above
non-consolidated
quarterly financial statements are prepared based on the Regulation for Terminology, Forms and Preparation
of Quarterly Financial Statements.
|
21
(Reference)
(2)
Non-Consolidated
Statements of Income
NINE-MONTH PERIOD ENDED DECEMBER 31
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
Millions of yen
|
|
|
|
2015
|
|
|
2016
|
|
Operating revenues
|
|
|
386,749
|
|
|
|
440,604
|
|
Operating expenses
|
|
|
93,074
|
|
|
|
91,364
|
|
|
|
|
|
|
|
|
|
|
Operating income
|
|
|
293,675
|
|
|
|
349,239
|
|
|
|
|
|
|
|
|
|
|
Non-operating
revenues:
|
|
|
|
|
|
|
|
|
Interest income
|
|
|
11,702
|
|
|
|
9,453
|
|
Lease and rental income
|
|
|
7,894
|
|
|
|
7,826
|
|
Miscellaneous income
|
|
|
890
|
|
|
|
829
|
|
|
|
|
|
|
|
|
|
|
Total
non-operating
revenues
|
|
|
20,487
|
|
|
|
18,108
|
|
|
|
|
|
|
|
|
|
|
Non-operating
expenses:
|
|
|
|
|
|
|
|
|
Interest expenses
|
|
|
9,594
|
|
|
|
8,897
|
|
Corporate bond interest expenses
|
|
|
9,358
|
|
|
|
7,538
|
|
Miscellaneous expenses
|
|
|
4,008
|
|
|
|
4,921
|
|
|
|
|
|
|
|
|
|
|
Total
non-operating
expenses
|
|
|
22,960
|
|
|
|
21,356
|
|
|
|
|
|
|
|
|
|
|
Recurring profit
|
|
|
291,202
|
|
|
|
345,990
|
|
|
|
|
|
|
|
|
|
|
Special losses
|
|
|
|
|
|
|
48,310
|
|
|
|
|
|
|
|
|
|
|
Income before income taxes
|
|
|
291,202
|
|
|
|
297,680
|
|
|
|
|
|
|
|
|
|
|
Income taxes
|
|
|
748
|
|
|
|
661
|
|
|
|
|
|
|
|
|
|
|
Net income
|
|
|
290,454
|
|
|
|
297,018
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Reference) Major components of operating revenues
|
|
|
|
|
|
|
|
|
Dividends received
|
|
|
288,733
|
|
|
|
343,634
|
|
Revenues from group management
|
|
|
13,876
|
|
|
|
15,798
|
|
Revenues from basic R&D
|
|
|
76,499
|
|
|
|
74,999
|
|
|
|
|
|
|
Notes:
|
|
1.
|
|
The above
non-consolidated
quarterly financial statements are exempt from auditor review for purposes of legal disclosure.
|
|
|
2.
|
|
The above
non-consolidated
quarterly financial statements are prepared based on the Regulation for Terminology, Forms and Preparation
of Quarterly Financial Statements.
|
22
[Note]
The forward-looking statements and projected figures concerning the future performance of NTT and its subsidiaries and affiliates
contained or referred to herein are based on a series of assumptions, projections, estimates, judgments and beliefs of the management of NTT in light of information currently available to it regarding NTT and its subsidiaries and affiliates, the
economy and telecommunications industry in Japan and overseas, and other factors. These projections and estimates may be affected by the future business operations of NTT and its subsidiaries and affiliates, the state of the economy in Japan and
abroad, possible fluctuations in the securities markets, the pricing of services, the effects of competition, the performance of new products, services and new businesses, changes to laws and regulations affecting the telecommunications industry in
Japan and elsewhere, other changes in circumstances that could cause actual results to differ materially from the forecasts contained or referred to herein, as well as other risks included in NTTs most recent Annual Report on Form
20-F
and other filings and submissions with the United States Securities and Exchange Commission.
23
Attachment
Nippon Telegraph and Telephone Corporation
February 10, 2017
NTTs Shares and Shareholders (as of
December 31, 2016)
1.
|
Classification of Shareholders
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Details
|
|
NTTs Shares and Shareholders (1 unit = 100 shares)
|
|
|
Shares
Representing
Less Than
One Unit
|
|
|
Government
and Public
Bodies
|
|
|
Financial
Institutions
|
|
|
Securities
Firms
|
|
|
Other
Domestic
Corporations
|
|
|
Foreign Corporations, etc.
|
|
|
Domestic
Individuals,
etc.
|
|
|
Total
|
|
|
|
|
|
|
|
Non-
Individuals
|
|
|
Individuals
|
|
|
|
|
Total Holders
|
|
|
4
|
|
|
|
261
|
|
|
|
70
|
|
|
|
5,562
|
|
|
|
1,512
|
|
|
|
751
|
|
|
|
680,540
|
|
|
|
688,700
|
|
|
|
|
|
Total Shares (Units)
|
|
|
6,791,445
|
|
|
|
3,609,154
|
|
|
|
79,990
|
|
|
|
238,572
|
|
|
|
6,486,588
|
|
|
|
8,747
|
|
|
|
3,722,781
|
|
|
|
20,937,277
|
|
|
|
2,666,770
|
|
%
|
|
|
32.44
|
|
|
|
17.24
|
|
|
|
0.38
|
|
|
|
1.14
|
|
|
|
30.98
|
|
|
|
0.04
|
|
|
|
17.78
|
|
|
|
100.00
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes:
|
|
|
(1)
|
|
|
The total number of units held by Domestic Individuals, etc. includes 614,411 units of treasury stock, and the number of Shares Representing Less Than One
Unit includes 47 shares of treasury stock. 61,441,147 shares of treasury stock are recorded in the shareholders register; the actual number of shares of treasury stock as of December 31, 2016 was 61,440,547.
|
|
|
|
(2)
|
|
|
The total number of units held by Other Domestic Corporations includes 295 units held in the name of the Japan Securities Depository Center, and the number of
Shares Representing Less Than One Unit includes 44 shares held in the name of the Japan Securities Depository Center.
|
|
|
|
(3)
|
|
|
There were 186,393 shareholders who only own shares representing less than one unit.
|
2.
|
Classification by Number of Shares
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Details
|
|
NTTs Shares and Shareholders (1 unit = 100 shares)
|
|
|
Shares
Representing
Less Than
One Unit
|
|
|
At Least
1,000 Units
|
|
|
At Least
500 Units
|
|
|
At Least
100 Units
|
|
|
At Least
50 Units
|
|
|
At Least
10 Units
|
|
|
At Least
5 Units
|
|
|
At Least
1 Unit
|
|
|
Total
|
|
|
Number of Holders
|
|
|
573
|
|
|
|
256
|
|
|
|
1,318
|
|
|
|
2,038
|
|
|
|
57,864
|
|
|
|
82,360
|
|
|
|
544,291
|
|
|
|
688,700
|
|
|
|
|
|
%
|
|
|
0.08
|
|
|
|
0.04
|
|
|
|
0.19
|
|
|
|
0.30
|
|
|
|
8.40
|
|
|
|
11.96
|
|
|
|
79.03
|
|
|
|
100.00
|
|
|
|
|
|
Total Shares (Units)
|
|
|
17,557,394
|
|
|
|
183,123
|
|
|
|
264,119
|
|
|
|
131,027
|
|
|
|
918,123
|
|
|
|
544,455
|
|
|
|
1,339,036
|
|
|
|
20,937,277
|
|
|
|
2,666,770
|
|
%
|
|
|
83.86
|
|
|
|
0.87
|
|
|
|
1.26
|
|
|
|
0.63
|
|
|
|
4.39
|
|
|
|
2.60
|
|
|
|
6.40
|
|
|
|
100.00
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes:
|
|
|
(1)
|
|
|
At Least 1,000 Units includes 614,411 units of treasury stock, and the number of Shares Representing Less Than One Unit includes 47 shares of treasury
stock.
|
|
|
|
(2)
|
|
|
At Least 100 Units includes 295 units held in the name of the Japan Securities Depository Center, and the number of Shares Representing Less Than One Unit
includes 44 shares held in the name of the Japan Securities Depository Center.
|
3.
|
Principal Shareholders
|
|
|
|
|
|
|
|
|
|
Name
|
|
Share Holdings
(in
thousands
of shares)
|
|
|
Percentage of
Total
Shares
Issued (%)
|
|
The Minister of Finance
|
|
|
679,123
|
|
|
|
32.39
|
|
Japan Trustee Services Bank, Ltd. (Trust Account)
|
|
|
85,595
|
|
|
|
4.08
|
|
The Master Trust Bank of Japan, Ltd. (Trust Account)
|
|
|
62,597
|
|
|
|
2.99
|
|
JP Morgan Chase Bank 380055
|
|
|
42,166
|
|
|
|
2.01
|
|
Moxley and Co LLC
|
|
|
28,771
|
|
|
|
1.37
|
|
Japan Trustee Services Bank, Ltd. (Trust Account 9)
|
|
|
26,169
|
|
|
|
1.25
|
|
State Street Bank and Trust Company
|
|
|
24,482
|
|
|
|
1.17
|
|
State Street Bank and Trust Company 505202
|
|
|
20,373
|
|
|
|
0.97
|
|
JP Morgan Chase Bank 385632
|
|
|
19,522
|
|
|
|
0.93
|
|
The Bank of New York Mellon SA/NV 10
|
|
|
17,309
|
|
|
|
0.83
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
|
1,006,110
|
|
|
|
47.99
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes:
|
|
|
(1)
|
|
|
Shareholdings is rounded down to the nearest thousand.
|
|
|
|
(2)
|
|
|
NTTs holdings of treasury stock (61,440,547 shares) are not included in the above table.
|
|
|
|
(3)
|
|
|
Percentage of Total Shares Issued includes treasury stock.
|
NTT Financial Results for the Nine
Months Ended December 31, 2016 February 10, 2017
The forward-looking statements and projected figures concerning the future performance of NTT and its
subsidiaries and affiliates contained or referred to herein are based on a series of assumptions, projections, estimates, judgments and beliefs of the management of NTT in light of information currently available to it regarding NTT and its
subsidiaries and affiliates, the economy and telecommunications industry in Japan and overseas, and other factors. These projections and estimates may be affected by the future business operations of NTT and its subsidiaries and affiliates, the
state of the economy in Japan and abroad, possible fluctuations in the securities markets, the pricing of services, the effects of competition, the performance of new products, services and new businesses, changes to laws and regulations affecting
the telecommunications industry in Japan and elsewhere, other changes in circumstances that could cause actual results to differ materially from the forecasts contained or referred to herein, as well as other risks included in NTTs most recent
Annual Report on Form
20-F
and other filings and submissions with the United States Securities and Exchange
Commission. * E in this material represents that the figure is a plan or projection for operation.
** FY in this material indicates the fiscal year ending March 31 of the succeeding
year. *** 3Q in this material represents the
9-month
period beginning on
April 1 and ending on December 31. NTT Financial Results for the Nine Months Ended December 31, 2016 1 Copyright (c) 2017 Nippon Telegraph and Telephone Corporation
FY2016/3Q Highlights Consolidated Results of Operations Operating Revenues
: ¥8,360.5 billion (¥134.9 billion [1.6%] decrease
year-on-year)
Operating Income : ¥1,318.6
billion (¥192.0 billion [17.0%] increase
year-on-year)
Net
Income *1 : ¥668.7 billion (¥64.7 billion [10.7%] increase
year-on-year)
Overseas Results of Operations Overseas
Sales: Yen-based
: ¥1,312.5 billion (¥110.2 billion [7.7%] decrease
year-on-year)
US dollar-based : US$12.18 billion (US$0.43 billion [3.6%] increase
year-on-year)
Overseas Operating Income*2:
Yen-based
: ¥58.9 billion (¥4.5 billion [7.1%] decrease
year-on-year)
US dollar-based : US$0.55 billion (US$0.02 billion [4.4%] increase
year-on-year)
*1 Net income represents net income attributable to NTT, excluding noncontrolling interests. *2 Operating Income excludes
M&A-related
temporary expenses, such as depreciation costs of intangible fixed assets. *3 In this document, unless otherwise noted, listed numbers are totals for the nine months (from April 1 to December
31). Financial Results for the Nine Months Ended December 31, 2016 2 Copyright (c) 2017 Nippon Telegraph and Telephone Corporation NTT
FY2016/3Q Topics Expansion of Global Cloud Services ? Cross-selling Order Volume : US$0.82 billion
Enhanced Operating Revenues from Network Services ?Expansion of NTTs user base 73.59 million mobile phone subscribers (net increase of 2.62 million subscribers), including 35.20 million subscribers to Kake-hodai &
Pake-aeru (net increase of 5.49 million subscribers) 19.90 million FTTH subscribers (net increase of 0.64 million subscribers), including 7.85 million subscribers to the Hikari Collaboration
Model (opened connections of 3.61 million subscribers (1.40 million new subscribers and 2.20 million subscribers who switched subscriptions from FLETS Hikari to the Hikari Collaboration Model)) Growing number of
Wi-Fi
area owners*1: 494 (+101 increase compared to end of FY2015) *1 Total number of large-scale corporate or local
government customers. Excludes small-scale restaurants, etc. Shareholder Returns ?Share buybacks (acquired in and after December 2016 *2 ) : ¥50 billion acquired as of the end of January 2017 *2 Aggregate amount: up
to ¥150 billion; Total number of shares : up to 33 million shares; Period: December 13, 2016 ~ June 30, 2017 Aggregate amount of FY2016 share buybacks: ¥ 317.4 billion as of the end of January 2017
(¥277.8 billion as of the end of December 2016) Financial Results for the Nine Months Ended December 31, 2016 3 Copyright (c) 2017 Nippon Telegraph and Telephone Corporation NTT
FY2016 Contributing Factors by Segment Regional communications business: Operating income increased due to a
reduction in the level of decreasing revenues from fixed voice services and cost efficiency improvement, among other things. Long distance and international communications business: Operating revenues decreased due to the impact of exchange rate
fluctuations on NTTs overseas businesses; operating income decreased due to impairment losses and other temporary expenses. Mobile communications business: Operating income increased due to an increase of revenues in the mobile communications
and Smart Life areas and cost efficiency improvement. Data communications business: Operating income decreased due to temporary
M&A-related
expenses; sales increased due to overseas organic
growth, among other things. Operating Revenues
(Year-on-year:
(134.9)) (Billions of yen) Regional Long distance and Data communications Mobile international
communications Other business communications communications business business * 85.4 business business 47.3 8,495.4 104.8 85.7 16.9 8,360.5 ?FY2016
4-12?
?2,434.8? ?1,570.6? ?3,469.2? ?1,164.6? FY2015
4-12
FY2016
4-12
Operating Income
(Year-on-year
: +192.0) Mobile Data Long distance and Other
Regional communications communications international business * communications business business communications business business 156.3 7.0 7.9 98.3 63.5 1,318.6 1,126.6 ?FY2016
4-12?
?330.5? ?18.7? ?839.3?
?67.1? FY2015
4-12
FY2016
4-12
*Includes adjustments such as elimination Financial Results for the Nine Months Ended December 31, 2016 4 Copyright (c)
2017 Nippon Telegraph and Telephone Corporation NTT
Progress of Broadband Services NTT
Progress of Broadband Services Number of Subscribers for Fixed Broadband Services FLETS FLETS
Hikari ADSL (including Hikari Number of Subscribers *1 * 2 Collaboration Model) (Thousands) Hikari Denwa 22,000 20,691 20,858 20,855 20,312 20,540 20,113 20,161 20,248 896 987 955 20,000 1,053 1,019 1,162 1,125 1,090 19,903 19,959 19,520 19,704
19,036 19,157 19,259 [7,854] [8,541] 18,951 [5,912] [6,917] 18,000 [2,348] [3,478] [4,691] [1,322] 17,574 17,655 16,000 17,545 17,335 17,374 17,451 17,243 17,293 14,000 12,000 2015.6 2015.9 2015.12 2016.3 2016.6 2016.9 2016.12 2017.3E Changes from
the Preceding Quarter (Thousands) FY2015 FY2016 FY2015 FY2016E
4-6
7-9
10-12
1-3
4-6
7-9
10-12
4-12
FLETS Hikari *1 235 85 121 102 261 183 199 644 543 700 Number of
opened * 3 810 559 580 669 786 649 672 2,107 2,619 2,700 connections FLETS ADSL (58) (37) (35) (37) (34) (32) (32) (98) (167) (157) Hikari Denwa *4 * 5 135 50 42 39 77 93 111 281 267 200 *1 Number of FLETS Hikari
(including Hikari Collaboration Model) subscribers includes B FLETS, FLETS Hikari Next, FLETS Hikari Light, FLETS Hikari Lightplus, and FLETS Hikari WiFi Access provided by NTT East, B FLETS, FLETS Hikari
Premium, FLETS Hikari Mytown, FLETS Hikari Next, FLETS Hikari Light and FLETS Hikari WiFi Access provided by NTT West, and wholesale services (Hikari Collaboration Model) provided by both NTT East and NTT West. *2 Figures in
[ ] represent the number of subscribers to Hikari Collaboration Model, the wholesale provision of services by NTT East and NTT West to service providers. *3 Number of opened connections excludes openings as a
result of relocations. *4 Numbers for Hikari Denwa include wholesale services provided to service providers by NTT East and NTT West. *5 Numbers of Hikari Denwa subscribers are presented in thousands of channels. Financial Results for the Nine
Months Ended December 31, 2016 5 Copyright (c) 2017 Nippon Telegraph and Telephone Corporation NTT
Progress of Broadband Services Number of Subscribers for Mobile Broadband Services Number of Subscribers*
(Thousands) LTE(Xi) 80,000 FOMA 72,943 73,588 74,800 70,964 71,614 68,494 69,602 70,000 67,532 60,000 32,609 34,504 36,293 38,679 39,893 41,281 42,671 45,100 50,000 40,000 30,000 20,000 34,923 33,989 33,309 32,285 31,721 31,662 30,917
29,700 10,000 0 2015.6 2015.9 2015.12 2016.3 2016.6 2016.9 2016.12 2017.3E Changes from the Preceding Quarter (Thousands) FY2015 FY2016 FY2015 FY2016E
4-6
7-9
10-12
1-3
4-6
7-9
10-12
4-12
LTE(Xi)+FOMA 936 962 1,108 1,362 650 1,330 645 2,624 4,368 3,800 * The number of subscribers for Mobile Broadband Services includes communications module service
subscribers Financial Results for the Nine Months Ended December 31, 2016 6 Copyright (c) 2017 Nippon Telegraph and Telephone Corporation NTT
Progress of Broadband Services Number of Subscribers for Video Services FLETS TV *1 *2 Hikari TV
(Thousands) 5,000 4,416 4,442 4,464 4,484 4,492 4,505 4,521 4,516 4,000 1,464 1,489 1,456 1,378 1,398 1,417 1,432 1,445 3,000 2,000 3,038 3,043 3,047 3,052 3,047 3,041 3,032 3,060 1,000 0 2015.6 2015.9 2015.12 2016.3 2016.6 2016.9 2016.12 2017.3E *1
FLETS TV requires a subscription to FLETS TV Transmission Services provided by NTT East and NTT West, and a subscription to SKY Perfect JSATs SKY Perfect JSAT Facility Use Services broadcast
service. *2 Numbers of subscribers to FLETS TV Transmission Services include wholesale services provided to service providers by NTT East and NTT West. Financial Results for the Nine Months Ended
December 31, 2016 7 Copyright (c) 2017 Nippon Telegraph and Telephone Corporation NTT
Financial Information NTT
Details of Consolidated Statement of Income Operating (Billions of yen) Revenues
(Year-on-year:
(134.9)) services Voice related revenues SI revenues and sales of telecommunications IP/packet 48.5 equipment communications Other
revenues services revenues Fixed voice : (75.3) 164.2 55.0 Mobile voice : + 26.8 22.8 8,495.4 Systems Integration: (88.5) Telecommunications
8,360.5 equipment: (75.7) FY2015
4-12
FY2016
4-12
Operating Expenses
(Year-on-year:
(326.8)) 232.9 Expenses of goods and for purchase services and other expenses 7,368.8 Personnel expenses Other expenses expenses
Depreciation and loss on 106.8 disposal of assets 49.6 62.4 7,041.9 FY2015
4-12
FY2016
4-12 Financial
Results for the Nine Months Ended December 31, 2016 8 Copyright (c) 2017 Nippon
Telegraph and Telephone Corporation NTT
Details of Consolidated Balance Sheet March 31, 2016 December 31, 2016 (Billions of yen) 21,035.9
21,024.2 Assets Liabilities Assets Liabilities 9,750.8 21,024.2 9,689.0 21,035.9 [(11.7)] [(61.7)] Interest-Bearing Debt Interest-Bearing Debt Cash and Cash 4,163.3 Cash and Cash 4,497.1 Equivalents [+333.8] Equivalents 1,088.3 664.8 Accounts
payable, trade [(423.4)] Accounts payable, trade 1,572.8 1,220.2 [(352.6)] Current Assets Other Current Assets Other (except Cash and Cash 45.1 (except Cash and Cash 56.7 [+11.6] Equivalents) Equivalents) 4,338.7 Equity 4,694.7 11,240.1 [+356.0]
11,278.5 Depreciable Assets [+38.5] (property, plant and Depreciable Assets Retained earnings Retained earnings equipment) (property, plant and 5,494.8 5,074.2 equipment) 7,896.5 [+420.5] 7,817.5 Treasury Stock [(79.0)] Treasury Stock (0.9) (278.8)
[(278.0)] Financial Results for the Nine Months Ended December 31, 2016 9 Copyright (c) 2017 Nippon Telegraph and Telephone
Corporation NTT
Details of Consolidated Cash Flows Cash flows from Cash flows from FCF Cash flows from operating investing (A)
+ (B) financing activities activities activities (A) (B) (Billions of yen) 2,000 1,672.1 1,715.8 (297.5) Acquisitions/Sales of property, plant, equipment (253.8) 1,000 and intangibles [(61.9)] Acquisitions of subsidiaries [(198.7)] 338.6 84.9 0
+43.7 (453.8) (492.9) Increase in net income [+85.4] (1,000) (39.2) (1,333.4) Increase/Decrease in debt [+220.1] Acquisition of treasury stock [(184.2)] (1,630.9) Acquisition of shares of subsidiaries [(147.4)] (2,000)
Increase/Decrease period of the previous from fiscal the year same FY2015
4-12
FY2016
4-12
Financial Results for the Nine Months Ended
December 31, 2016 10 Copyright (c) 2017 Nippon Telegraph and Telephone Corporation NTT
Details of Capital Investment (Billions of yen) 1,817.5 1,710.0 1,687.2 1,197.3 182.9 175.3 95.8 153.1 Other
74.1 105.6 88.1 NTT DATA (Consolidated) 83.6 91.5 NTT Communications 213.9 NTT West 164.8 189.9 NTT East 191.3 NTT DOCOMO 162.2 155.7 (Consolidated) 439.3 399.4 362.5 FY2014
4-12
FY2015
4-12
FY2016
4-12
FY2014 FY2015 FY2016E Financial Results for the Nine Months Ended December 31, 2016 11 Copyright (c) 2017 Nippon Telegraph and Telephone
Corporation 1,039.4 1,092.3 NTT
Shareholder Returns Share Buybacks (Billions of yen) * 539.4 417.4 406.5 (Max) 366.5
381.7 338.1 ¥317.4 billion of buybacks as of the end 200.0 of Jan. 2017 120.0 100.0 150.0 86.2 94.4 FY 1999 FY 2002 FY 2003 FY 2004 FY 2005 FY 2007 FY 2008 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 June 2017 E * On December 12, 2016, NTT
resolved to acquire up to ¥150 billion in share buybacks. Period of buybacks: December 13, 2016 through June 30, 2017 Dividends per 120 (Yen) Share
Pay-out
ratio 110 Note: Dividends have
been adjusted to reflect the
two-for-one
stock split carried out on July 1,
2015 90 85 70 80 60 60 55 38.2% 37.2% 38.0% 40 45 32.3% 31.2% 33.4% 31.4% 31.9% 25 30 30 27.5% 23.0% 12.3% 13.0% 19.5% 17.1% FY 2003 FY 2004 FY 2005 FY
2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 E Financial Results for the Nine Months Ended December 31, 2016 12 NTT
February 10, 2017
FOR IMMEDIATE RELEASE
Financial Statements for the Nine Months Ended December 31, 2016
The financial results of
Nippon Telegraph and Telephone East Corporation (NTT East) for the nine months ended December 31, 2016 are presented in the following attachments.
(Attachments)
1.
|
Non-Consolidated
Comparative Balance Sheets
|
2.
|
Non-Consolidated
Comparative Statements of Income
|
3.
|
Business Results
(Non-Consolidated
Operating Revenues)
|
For inquiries, please contact:
Mr. Kenkichi Nakata or Mr. Masaki Akutsu
Accounting
Section, Finance Division
Nippon Telegraph and Telephone East Corporation
Tel:
+81-3-5359-3331
E-mail:
kessan_info@sinoa.east.ntt.co.jp
1. Non-Consolidated Comparative Balance Sheets
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
March 31, 2016
|
|
|
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed assets - telecommunications businesses
|
|
|
|
|
|
|
|
|
|
|
|
|
Property, plant and equipment
|
|
|
|
|
|
|
|
|
|
|
|
|
Machinery and equipment
|
|
|
395,419
|
|
|
|
346,814
|
|
|
|
(48,604
|
)
|
Antenna facilities
|
|
|
3,791
|
|
|
|
3,675
|
|
|
|
(116
|
)
|
Terminal equipment
|
|
|
31,807
|
|
|
|
24,639
|
|
|
|
(7,168
|
)
|
Local line facilities
|
|
|
835,446
|
|
|
|
847,870
|
|
|
|
12,424
|
|
Long-distance line facilities
|
|
|
3,353
|
|
|
|
3,029
|
|
|
|
(323
|
)
|
Engineering facilities
|
|
|
595,052
|
|
|
|
583,306
|
|
|
|
(11,745
|
)
|
Submarine line facilities
|
|
|
872
|
|
|
|
767
|
|
|
|
(105
|
)
|
Buildings
|
|
|
420,792
|
|
|
|
407,940
|
|
|
|
(12,851
|
)
|
Construction in progress
|
|
|
17,626
|
|
|
|
16,274
|
|
|
|
(1,351
|
)
|
Other
|
|
|
263,272
|
|
|
|
260,055
|
|
|
|
(3,217
|
)
|
Total property, plant and equipment
|
|
|
2,567,433
|
|
|
|
2,494,374
|
|
|
|
(73,059
|
)
|
Intangible fixed assets
|
|
|
84,019
|
|
|
|
80,749
|
|
|
|
(3,270
|
)
|
Total fixed assets - telecommunications businesses
|
|
|
2,651,453
|
|
|
|
2,575,123
|
|
|
|
(76,330
|
)
|
Investments and other assets
|
|
|
|
|
|
|
|
|
|
|
|
|
Other investments and assets
|
|
|
187,503
|
|
|
|
187,058
|
|
|
|
(444
|
)
|
Allowance for doubtful accounts
|
|
|
(913
|
)
|
|
|
(864
|
)
|
|
|
49
|
|
Total investments and other assets
|
|
|
186,589
|
|
|
|
186,194
|
|
|
|
(395
|
)
|
Total fixed assets
|
|
|
2,838,043
|
|
|
|
2,761,317
|
|
|
|
(76,725
|
)
|
Current assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and bank deposits
|
|
|
8,675
|
|
|
|
4,326
|
|
|
|
(4,348
|
)
|
Notes receivable
|
|
|
|
|
|
|
38
|
|
|
|
38
|
|
Accounts receivable, trade
|
|
|
224,181
|
|
|
|
237,257
|
|
|
|
13,075
|
|
Supplies
|
|
|
26,221
|
|
|
|
24,427
|
|
|
|
(1,794
|
)
|
Other current assets
|
|
|
341,341
|
|
|
|
422,066
|
|
|
|
80,724
|
|
Allowance for doubtful accounts
|
|
|
(442
|
)
|
|
|
(387
|
)
|
|
|
55
|
|
Total current assets
|
|
|
599,977
|
|
|
|
687,729
|
|
|
|
87,751
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL ASSETS
|
|
|
3,438,021
|
|
|
|
3,449,047
|
|
|
|
11,025
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
March 31, 2016
|
|
|
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term borrowings from parent company
|
|
|
365,835
|
|
|
|
275,620
|
|
|
|
(90,215
|
)
|
Liability for employees retirement benefits
|
|
|
235,919
|
|
|
|
248,762
|
|
|
|
12,842
|
|
Reserve for point services
|
|
|
8,574
|
|
|
|
10,424
|
|
|
|
1,850
|
|
Reserve for unused telephone cards
|
|
|
8,671
|
|
|
|
7,890
|
|
|
|
(781
|
)
|
Allowance for environmental measures
|
|
|
5,289
|
|
|
|
5,289
|
|
|
|
|
|
Asset retirement obligations
|
|
|
1,092
|
|
|
|
922
|
|
|
|
(170
|
)
|
Other long-term liabilities
|
|
|
23,092
|
|
|
|
30,475
|
|
|
|
7,382
|
|
Total long-term liabilities
|
|
|
648,475
|
|
|
|
579,384
|
|
|
|
(69,090
|
)
|
Current liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Current portion of long-term borrowings from parent company
|
|
|
65,120
|
|
|
|
152,775
|
|
|
|
87,655
|
|
Accounts payable, trade
|
|
|
85,229
|
|
|
|
40,869
|
|
|
|
(44,360
|
)
|
Accrued taxes on income
|
|
|
11,793
|
|
|
|
8,722
|
|
|
|
(3,071
|
)
|
Allowance for environmental measures
|
|
|
2,601
|
|
|
|
2,600
|
|
|
|
(0
|
)
|
Other current liabilities
|
|
|
428,764
|
|
|
|
391,668
|
|
|
|
(37,095
|
)
|
Total current liabilities
|
|
|
593,508
|
|
|
|
596,635
|
|
|
|
3,127
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES
|
|
|
1,241,983
|
|
|
|
1,176,020
|
|
|
|
(65,963
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders equity:
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock
|
|
|
335,000
|
|
|
|
335,000
|
|
|
|
|
|
Capital surplus
|
|
|
1,499,726
|
|
|
|
1,499,726
|
|
|
|
|
|
Earned surplus
|
|
|
357,191
|
|
|
|
434,341
|
|
|
|
77,150
|
|
Total shareholders equity
|
|
|
2,191,918
|
|
|
|
2,269,068
|
|
|
|
77,150
|
|
Unrealized gains (losses), translation adjustments, and others:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net unrealized gains (losses) on securities
|
|
|
4,119
|
|
|
|
3,958
|
|
|
|
(160
|
)
|
Total unrealized gains (losses), translation adjustments, and others
|
|
|
4,119
|
|
|
|
3,958
|
|
|
|
(160
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL NET ASSETS
|
|
|
2,196,037
|
|
|
|
2,273,027
|
|
|
|
76,989
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES AND NET ASSETS
|
|
|
3,438,021
|
|
|
|
3,449,047
|
|
|
|
11,025
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note:
|
|
*NTT East participates in a consolidated tax return system, which has been adopted by NTT (Holding Company) and its wholly-owned subsidiaries in Japan. However, except for a
portion of the calculation of taxes, income taxes have not been calculated on a consolidated basis in the quarterly financial statements.
|
2
2. Non-Consolidated Comparative Statements of Income
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
Nine months ended
December 31, 2015
|
|
|
Nine months ended
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
|
Year ended
March 31, 2016
|
|
Telecommunications businesses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues
|
|
|
1,194,499
|
|
|
|
1,149,281
|
|
|
|
(45,218
|
)
|
|
|
1,585,580
|
|
Operating expenses
|
|
|
1,056,798
|
|
|
|
989,295
|
|
|
|
(67,503
|
)
|
|
|
1,444,775
|
|
Operating income from telecommunications businesses
|
|
|
137,700
|
|
|
|
159,985
|
|
|
|
22,285
|
|
|
|
140,804
|
|
|
|
|
|
|
Supplementary businesses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues
|
|
|
92,586
|
|
|
|
87,407
|
|
|
|
(5,178
|
)
|
|
|
136,726
|
|
Operating expenses
|
|
|
78,208
|
|
|
|
73,617
|
|
|
|
(4,590
|
)
|
|
|
115,702
|
|
Operating income from supplementary businesses
|
|
|
14,378
|
|
|
|
13,790
|
|
|
|
(588
|
)
|
|
|
21,024
|
|
Operating income
|
|
|
152,079
|
|
|
|
173,775
|
|
|
|
21,696
|
|
|
|
161,828
|
|
|
|
|
|
|
Non-operating revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income
|
|
|
98
|
|
|
|
20
|
|
|
|
(78
|
)
|
|
|
138
|
|
Dividends received
|
|
|
3,134
|
|
|
|
3,222
|
|
|
|
88
|
|
|
|
3,169
|
|
Gains on sales of fixed assets
|
|
|
7,514
|
|
|
|
14,403
|
|
|
|
6,889
|
|
|
|
7,789
|
|
Miscellaneous income
|
|
|
2,145
|
|
|
|
1,816
|
|
|
|
(328
|
)
|
|
|
6,415
|
|
Total non-operating revenues
|
|
|
12,892
|
|
|
|
19,464
|
|
|
|
6,571
|
|
|
|
17,512
|
|
|
|
|
|
|
Non-operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expenses
|
|
|
3,756
|
|
|
|
3,547
|
|
|
|
(209
|
)
|
|
|
4,987
|
|
Miscellaneous expenses
|
|
|
515
|
|
|
|
199
|
|
|
|
(315
|
)
|
|
|
914
|
|
Total non-operating expenses
|
|
|
4,271
|
|
|
|
3,747
|
|
|
|
(524
|
)
|
|
|
5,901
|
|
Recurring profit
|
|
|
160,699
|
|
|
|
189,492
|
|
|
|
28,793
|
|
|
|
173,439
|
|
Special losses
|
|
|
3,758
|
|
|
|
|
|
|
|
(3,758
|
)
|
|
|
3,758
|
|
Income before income taxes
|
|
|
156,940
|
|
|
|
189,492
|
|
|
|
32,552
|
|
|
|
169,681
|
|
Income taxes
|
|
|
43,762
|
|
|
|
52,947
|
|
|
|
9,184
|
|
|
|
50,895
|
|
Net income
|
|
|
113,177
|
|
|
|
136,545
|
|
|
|
23,367
|
|
|
|
118,786
|
|
|
|
|
Note:
|
|
* NTT East participates in a consolidated tax return system, which has been adopted by NTT (Holding Company) and its wholly-owned subsidiaries in Japan. However, except for a
portion of the calculation of taxes, income taxes have not been calculated on a consolidated basis in the quarterly financial statements.
|
3
3. Business Results (Non-Consolidated Operating Revenues)
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
Nine months ended
December 31, 2015
|
|
|
Nine months ended
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
|
Percent
Increase
(Decrease)
|
|
|
Year ended
March 31, 2016
|
|
Voice transmission services revenues (excluding IP services revenues)
|
|
|
324,683
|
|
|
|
300,683
|
|
|
|
(23,999
|
)
|
|
|
(7.4
|
)
|
|
|
427,802
|
|
Monthly charge revenues*
|
|
|
242,948
|
|
|
|
226,876
|
|
|
|
(16,072
|
)
|
|
|
(6.6
|
)
|
|
|
321,137
|
|
Call rates revenues*
|
|
|
23,254
|
|
|
|
20,181
|
|
|
|
(3,073
|
)
|
|
|
(13.2
|
)
|
|
|
30,319
|
|
Interconnection call revenues*
|
|
|
39,071
|
|
|
|
34,911
|
|
|
|
(4,159
|
)
|
|
|
(10.6
|
)
|
|
|
51,118
|
|
IP services revenues
|
|
|
646,012
|
|
|
|
637,542
|
|
|
|
(8,470
|
)
|
|
|
(1.3
|
)
|
|
|
855,444
|
|
Leased circuit services revenues (excluding IP services revenues)
|
|
|
79,845
|
|
|
|
70,680
|
|
|
|
(9,164
|
)
|
|
|
(11.5
|
)
|
|
|
103,761
|
|
Telegram services revenues
|
|
|
9,545
|
|
|
|
8,411
|
|
|
|
(1,134
|
)
|
|
|
(11.9
|
)
|
|
|
12,812
|
|
Other telecommunications services revenues
|
|
|
134,412
|
|
|
|
131,962
|
|
|
|
(2,449
|
)
|
|
|
(1.8
|
)
|
|
|
185,759
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications total revenues
|
|
|
1,194,499
|
|
|
|
1,149,281
|
|
|
|
(45,218
|
)
|
|
|
(3.8
|
)
|
|
|
1,585,580
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Supplementary business total revenues
|
|
|
92,586
|
|
|
|
87,407
|
|
|
|
(5,178
|
)
|
|
|
(5.6
|
)
|
|
|
136,726
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating revenues
|
|
|
1,287,085
|
|
|
|
1,236,688
|
|
|
|
(50,397
|
)
|
|
|
(3.9
|
)
|
|
|
1,722,307
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4
February 10, 2017
FOR IMMEDIATE RELEASE
Financial Results for the Nine Months Ended
December 31, 2016
The financial results of Nippon Telegraph and Telephone West Corporation (NTT West) for the nine months ended
December 31, 2016 are presented in the following attachments.
(Attachments)
1.
|
Non-Consolidated
Comparative Balance Sheets
|
2.
|
Non-Consolidated
Comparative Statements of Income
|
3.
|
Business Results (Non-Consolidated Operating Revenues)
|
For inquiries, please contact:
Junichiro Maekawa or Ryosuke Yamashita
Accounting Section, Finance Division
Nippon
Telegraph and Telephone West Corporation
Tel:
+81-6-4793-3141
E-mail:
kessan-info@west.ntt.co.jp
1.
Non-Consolidated
Comparative Balance Sheets
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
March 31, 2016
|
|
|
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed assets - telecommunications businesses
|
|
|
|
|
|
|
|
|
|
|
|
|
Property, plant and equipment
|
|
|
|
|
|
|
|
|
|
|
|
|
Machinery and equipment
|
|
|
371,004
|
|
|
|
310,245
|
|
|
|
(60,759
|
)
|
Antenna facilities
|
|
|
6,224
|
|
|
|
6,076
|
|
|
|
(148
|
)
|
Terminal equipment
|
|
|
17,166
|
|
|
|
12,921
|
|
|
|
(4,245
|
)
|
Local line facilities
|
|
|
993,040
|
|
|
|
1,021,196
|
|
|
|
28,155
|
|
Long-distance line facilities
|
|
|
2,138
|
|
|
|
1,786
|
|
|
|
(352
|
)
|
Engineering facilities
|
|
|
530,501
|
|
|
|
517,726
|
|
|
|
(12,774
|
)
|
Submarine line facilities
|
|
|
3,587
|
|
|
|
3,245
|
|
|
|
(342
|
)
|
Buildings
|
|
|
327,911
|
|
|
|
313,801
|
|
|
|
(14,110
|
)
|
Construction in progress
|
|
|
18,488
|
|
|
|
21,438
|
|
|
|
2,949
|
|
Other
|
|
|
220,696
|
|
|
|
218,338
|
|
|
|
(2,357
|
)
|
Total property, plant and equipment
|
|
|
2,490,761
|
|
|
|
2,426,777
|
|
|
|
(63,984
|
)
|
Intangible fixed assets
|
|
|
65,914
|
|
|
|
65,056
|
|
|
|
(858
|
)
|
Total fixed assets - telecommunications businesses
|
|
|
2,556,676
|
|
|
|
2,491,833
|
|
|
|
(64,842
|
)
|
Investments and other assets
|
|
|
|
|
|
|
|
|
|
|
|
|
Other investments and assets
|
|
|
170,251
|
|
|
|
173,511
|
|
|
|
3,259
|
|
Allowance for doubtful accounts
|
|
|
(638
|
)
|
|
|
(709
|
)
|
|
|
(71
|
)
|
Total investments and other assets
|
|
|
169,613
|
|
|
|
172,802
|
|
|
|
3,188
|
|
Total fixed assets
|
|
|
2,726,289
|
|
|
|
2,664,636
|
|
|
|
(61,653
|
)
|
|
|
|
|
Current assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and bank deposits
|
|
|
21,765
|
|
|
|
12,816
|
|
|
|
(8,949
|
)
|
Notes receivable
|
|
|
|
|
|
|
25
|
|
|
|
25
|
|
Accounts receivable, trade
|
|
|
201,155
|
|
|
|
201,518
|
|
|
|
362
|
|
Supplies
|
|
|
34,656
|
|
|
|
31,411
|
|
|
|
(3,244
|
)
|
Other current assets
|
|
|
163,910
|
|
|
|
126,055
|
|
|
|
(37,854
|
)
|
Allowance for doubtful accounts
|
|
|
(514
|
)
|
|
|
(433
|
)
|
|
|
81
|
|
Total current assets
|
|
|
420,973
|
|
|
|
371,394
|
|
|
|
(49,579
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL ASSETS
|
|
|
3,147,263
|
|
|
|
3,036,030
|
|
|
|
(111,233
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
March 31, 2016
|
|
|
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term borrowings from parent company
|
|
|
651,707
|
|
|
|
611,400
|
|
|
|
(40,307
|
)
|
Liability for employees retirement benefits
|
|
|
233,574
|
|
|
|
243,143
|
|
|
|
9,569
|
|
Reserve for point services
|
|
|
4,672
|
|
|
|
2,310
|
|
|
|
(2,361
|
)
|
Reserve for unused telephone cards
|
|
|
8,200
|
|
|
|
7,461
|
|
|
|
(738
|
)
|
Allowance for environmental measures
|
|
|
9,074
|
|
|
|
9,074
|
|
|
|
|
|
Asset retirement obligations
|
|
|
361
|
|
|
|
361
|
|
|
|
(0
|
)
|
Other long-term liabilities
|
|
|
5,544
|
|
|
|
4,947
|
|
|
|
(597
|
)
|
Total long-term liabilities
|
|
|
913,134
|
|
|
|
878,698
|
|
|
|
(34,435
|
)
|
Current liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Current portion of long-term borrowings from parent company
|
|
|
127,120
|
|
|
|
132,867
|
|
|
|
5,747
|
|
Accounts payable, trade
|
|
|
70,067
|
|
|
|
39,524
|
|
|
|
(30,543
|
)
|
Short-term borrowings
|
|
|
142,465
|
|
|
|
84,241
|
|
|
|
(58,223
|
)
|
Accrued taxes on income
|
|
|
8,102
|
|
|
|
*5,036
|
|
|
|
(3,065
|
)
|
Allowance for loss on disaster
|
|
|
|
|
|
|
3,625
|
|
|
|
3,625
|
|
Allowance for environmental measures
|
|
|
2,467
|
|
|
|
2,423
|
|
|
|
(43
|
)
|
Asset retirement obligations
|
|
|
|
|
|
|
5
|
|
|
|
5
|
|
Other current liabilities
|
|
|
327,940
|
|
|
|
306,314
|
|
|
|
(21,625
|
)
|
Total current liabilities
|
|
|
678,163
|
|
|
|
574,039
|
|
|
|
(104,124
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES
|
|
|
1,591,297
|
|
|
|
1,452,737
|
|
|
|
(138,560
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders equity:
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock
|
|
|
312,000
|
|
|
|
312,000
|
|
|
|
|
|
Capital surplus
|
|
|
1,170,054
|
|
|
|
1,170,054
|
|
|
|
|
|
Earned surplus
|
|
|
73,358
|
|
|
|
100,784
|
|
|
|
27,426
|
|
Total shareholders equity
|
|
|
1,555,412
|
|
|
|
1,582,838
|
|
|
|
27,426
|
|
Unrealized gains (losses), translation adjustments, and others:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net unrealized gains (losses) on securities
|
|
|
553
|
|
|
|
454
|
|
|
|
(99
|
)
|
Total unrealized gains (losses), translation adjustments, and others
|
|
|
553
|
|
|
|
454
|
|
|
|
(99
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL NET ASSETS
|
|
|
1,555,965
|
|
|
|
1,583,292
|
|
|
|
27,327
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES AND NET ASSETS
|
|
|
3,147,263
|
|
|
|
3,036,030
|
|
|
|
(111,233
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note:
|
|
*NTT West participates in a consolidated tax return system, which has been adopted by NTT (Holding Company) and its wholly-owned subsidiaries in Japan. However, except for a portion
of the calculation of taxes, income taxes have not been calculated on a consolidated basis in the quarterly financial statements.
|
2
2.
Non-Consolidated
Comparative Statements of
Income
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
Nine months ended
December 31, 2015
|
|
|
Nine months ended
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
|
Year ended
March 31, 2016
|
|
Telecommunications businesses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues
|
|
|
1,030,033
|
|
|
|
993,893
|
|
|
|
(36,140
|
)
|
|
|
1,372,571
|
|
Operating expenses
|
|
|
971,660
|
|
|
|
904,627
|
|
|
|
(67,032
|
)
|
|
|
1,312,941
|
|
Operating income from telecommunications businesses
|
|
|
58,373
|
|
|
|
89,265
|
|
|
|
30,892
|
|
|
|
59,630
|
|
|
|
|
|
|
Supplementary businesses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues
|
|
|
99,106
|
|
|
|
99,331
|
|
|
|
225
|
|
|
|
155,452
|
|
Operating expenses
|
|
|
89,682
|
|
|
|
91,339
|
|
|
|
1,657
|
|
|
|
141,010
|
|
Operating income from supplementary businesses
|
|
|
9,424
|
|
|
|
7,992
|
|
|
|
(1,432
|
)
|
|
|
14,442
|
|
Operating income
|
|
|
67,797
|
|
|
|
97,257
|
|
|
|
29,460
|
|
|
|
74,072
|
|
|
|
|
|
|
Non-operating
revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income
|
|
|
2
|
|
|
|
9
|
|
|
|
6
|
|
|
|
3
|
|
Dividends received
|
|
|
1,566
|
|
|
|
613
|
|
|
|
(952
|
)
|
|
|
1,568
|
|
Miscellaneous income
|
|
|
2,434
|
|
|
|
1,628
|
|
|
|
(806
|
)
|
|
|
4,203
|
|
Total
non-operating
revenues
|
|
|
4,004
|
|
|
|
2,252
|
|
|
|
(1,752
|
)
|
|
|
5,775
|
|
|
|
|
|
|
Non-operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expenses
|
|
|
7,265
|
|
|
|
5,477
|
|
|
|
(1,787
|
)
|
|
|
9,410
|
|
Miscellaneous expenses
|
|
|
1,618
|
|
|
|
132
|
|
|
|
(1,486
|
)
|
|
|
3,290
|
|
Total
non-operating
expenses
|
|
|
8,884
|
|
|
|
5,609
|
|
|
|
(3,274
|
)
|
|
|
12,701
|
|
Recurring profit
|
|
|
62,917
|
|
|
|
93,900
|
|
|
|
30,982
|
|
|
|
67,146
|
|
Special losses
|
|
|
|
|
|
|
6,055
|
|
|
|
6,055
|
|
|
|
|
|
Income before income taxes
|
|
|
62,917
|
|
|
|
87,844
|
|
|
|
24,926
|
|
|
|
67,146
|
|
Income taxes
|
|
|
*16,950
|
|
|
|
*24,201
|
|
|
|
7,251
|
|
|
|
(5,278
|
)
|
Net income
|
|
|
45,967
|
|
|
|
63,643
|
|
|
|
17,675
|
|
|
|
72,425
|
|
|
|
|
Note:
|
|
*NTT West participates in a consolidated tax return system, which has been adopted by NTT (Holding Company) and its wholly-owned subsidiaries in Japan. However, except for a
portion of the calculation of taxes, income taxes have not been calculated on a consolidated basis in the quarterly financial statements.
|
3
3. Business Results
(Non-Consolidated
Operating
Revenues)
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
Nine months ended
December 31, 2015
|
|
|
Nine months ended
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
|
Percent
Increase
(Decrease)
|
|
|
Year ended
March 31, 2016
|
|
Voice transmission services revenues (excluding IP services revenues)
|
|
|
325,471
|
|
|
|
300,613
|
|
|
|
(24,857
|
)
|
|
|
(7.6
|
)
|
|
|
428,645
|
|
Monthly charge revenues*
|
|
|
241,923
|
|
|
|
225,645
|
|
|
|
(16,278
|
)
|
|
|
(6.7
|
)
|
|
|
319,687
|
|
Call rates revenues*
|
|
|
21,682
|
|
|
|
18,877
|
|
|
|
(2,805
|
)
|
|
|
(12.9
|
)
|
|
|
28,259
|
|
Interconnection call revenues*
|
|
|
42,691
|
|
|
|
38,044
|
|
|
|
(4,647
|
)
|
|
|
(10.9
|
)
|
|
|
55,840
|
|
IP services revenues
|
|
|
526,823
|
|
|
|
523,275
|
|
|
|
(3,547
|
)
|
|
|
(0.7
|
)
|
|
|
702,712
|
|
Leased circuit services revenues (excluding IP services revenues)
|
|
|
71,209
|
|
|
|
65,194
|
|
|
|
(6,015
|
)
|
|
|
(8.4
|
)
|
|
|
93,383
|
|
Telegram services revenues
|
|
|
10,551
|
|
|
|
9,362
|
|
|
|
(1,189
|
)
|
|
|
(11.3
|
)
|
|
|
14,088
|
|
Other telecommunications services revenues
|
|
|
95,977
|
|
|
|
95,447
|
|
|
|
(529
|
)
|
|
|
(0.6
|
)
|
|
|
133,741
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications total revenues
|
|
|
1,030,033
|
|
|
|
993,893
|
|
|
|
(36,140
|
)
|
|
|
(3.5
|
)
|
|
|
1,372,571
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Supplementary business total revenues
|
|
|
99,106
|
|
|
|
99,331
|
|
|
|
225
|
|
|
|
0.2
|
|
|
|
155,452
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating revenues
|
|
|
1,129,140
|
|
|
|
1,093,224
|
|
|
|
(35,915
|
)
|
|
|
(3.2
|
)
|
|
|
1,528,023
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4
February 10, 2017
FOR IMMEDIATE RELEASE
NTT Com Announces Financial Results for the Nine Months
Ended December 31, 2016
TOKYO, JAPAN NTT Communications Corporation (NTT Com) announced today its financial results for the nine
months ended December 31, 2016. Please see the following attachments for further details:
I.
|
Financial Results of NTT Communications Group
|
II.
|
Non-Consolidated
Comparative Balance Sheets
|
III.
|
Non-Consolidated
Comparative Statements of Income
|
IV.
|
Business Results
(Non-Consolidated
Operating Revenues)
|
# # #
About NTT Communications Corporation
NTT Communications provides consultancy,
architecture, security and cloud services to optimize the information and communications technology (ICT) environments of enterprises. These offerings are backed by the companys worldwide infrastructure, including a leading global
tier-1
IP network, the Arcstar Universal One VPN network, reaching 196 countries/regions, and 140 secure data centers worldwide. NTT Communications solutions leverage the global resources of NTT Group
companies, including Dimension Data, NTT DOCOMO and NTT DATA.
www.ntt.com
|
Twitter@NTT
Communications
|
Facebook@NTT Communications
|
LinkedIn@NTT
For more information
(Mr.) Akira Ito or (Mr.) Shinichi Shimizu
Accounting and Taxation, Finance, NTT Communications
Tel: +81 3 6700 4311
Email: info-af@ntt.com
I. Financial Results of NTT Communications Group
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
Nine months ended
December 31, 2015
|
|
|
Nine months ended
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
|
Percent
Increase
(Decrease)
|
|
Operating revenues
|
|
|
971,795
|
|
|
|
937,331
|
|
|
|
(34,464
|
)
|
|
|
(3.5
|
)
|
Operating expenses
|
|
|
879,024
|
|
|
|
831,468
|
|
|
|
(47,556
|
)
|
|
|
(5.4
|
)
|
Operating income
|
|
|
92,771
|
|
|
|
105,863
|
|
|
|
13,092
|
|
|
|
14.1
|
|
1
II.
Non-Consolidated
Comparative Balance Sheets
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
March 31, 2016
|
|
|
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed assets - telecommunications businesses
|
|
|
|
|
|
|
|
|
|
|
|
|
Property, plant and equipment
|
|
|
|
|
|
|
|
|
|
|
|
|
Machinery and equipment
|
|
|
134,315
|
|
|
|
139,774
|
|
|
|
5,458
|
|
Antenna facilities
|
|
|
1,707
|
|
|
|
1,641
|
|
|
|
(66
|
)
|
Terminal equipment
|
|
|
1,397
|
|
|
|
1,825
|
|
|
|
428
|
|
Local line facilities
|
|
|
730
|
|
|
|
1,063
|
|
|
|
332
|
|
Long-distance line facilities
|
|
|
5,759
|
|
|
|
5,250
|
|
|
|
(509
|
)
|
Engineering facilities
|
|
|
51,789
|
|
|
|
50,444
|
|
|
|
(1,345
|
)
|
Submarine line facilities
|
|
|
13,408
|
|
|
|
11,685
|
|
|
|
(1,722
|
)
|
Buildings
|
|
|
199,178
|
|
|
|
195,936
|
|
|
|
(3,241
|
)
|
Construction in progress
|
|
|
28,085
|
|
|
|
36,895
|
|
|
|
8,809
|
|
Other
|
|
|
91,332
|
|
|
|
96,975
|
|
|
|
5,642
|
|
Total property, plant and equipment
|
|
|
527,706
|
|
|
|
541,492
|
|
|
|
13,786
|
|
Intangible fixed assets
|
|
|
101,766
|
|
|
|
95,686
|
|
|
|
(6,079
|
)
|
Total fixed assets - telecommunications businesses
|
|
|
629,472
|
|
|
|
637,178
|
|
|
|
7,706
|
|
Investments and other assets
|
|
|
|
|
|
|
|
|
|
|
|
|
Investment securities
|
|
|
135,291
|
|
|
|
102,212
|
|
|
|
(33,078
|
)
|
Investments in subsidiaries and affiliated companies
|
|
|
381,949
|
|
|
|
388,031
|
|
|
|
6,082
|
|
Other investments and assets
|
|
|
53,283
|
|
|
|
62,200
|
|
|
|
8,916
|
|
Allowance for doubtful accounts
|
|
|
(207
|
)
|
|
|
(229
|
)
|
|
|
(21
|
)
|
Total investments and other assets
|
|
|
570,316
|
|
|
|
552,215
|
|
|
|
(18,100
|
)
|
Total fixed assets
|
|
|
1,199,789
|
|
|
|
1,189,394
|
|
|
|
(10,394
|
)
|
Current assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash and bank deposits
|
|
|
12,607
|
|
|
|
4,880
|
|
|
|
(7,727
|
)
|
Accounts receivable, trade
|
|
|
179,839
|
|
|
|
178,817
|
|
|
|
(1,021
|
)
|
Supplies
|
|
|
9,806
|
|
|
|
10,632
|
|
|
|
826
|
|
Other current assets
|
|
|
94,874
|
|
|
|
73,267
|
|
|
|
(21,607
|
)
|
Allowance for doubtful accounts
|
|
|
(1,017
|
)
|
|
|
(1,329
|
)
|
|
|
(312
|
)
|
Total current assets
|
|
|
296,110
|
|
|
|
266,268
|
|
|
|
(29,842
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL ASSETS
|
|
|
1,495,899
|
|
|
|
1,455,662
|
|
|
|
(40,236
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
March 31, 2016
|
|
|
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term borrowings from parent company and subsidiary
|
|
|
199,504
|
|
|
|
199,694
|
|
|
|
189
|
|
Liability for employees retirement benefits
|
|
|
86,722
|
|
|
|
91,562
|
|
|
|
4,840
|
|
Reserve for point services
|
|
|
547
|
|
|
|
424
|
|
|
|
(123
|
)
|
Reserve for unused telephone cards
|
|
|
3,628
|
|
|
|
3,301
|
|
|
|
(326
|
)
|
Asset retirement obligations
|
|
|
3,296
|
|
|
|
3,344
|
|
|
|
48
|
|
Other long-term liabilities
|
|
|
10,354
|
|
|
|
18,198
|
|
|
|
7,844
|
|
Total long-term liabilities
|
|
|
304,053
|
|
|
|
316,526
|
|
|
|
12,472
|
|
Current liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
Current portion of long-term borrowings from parent company
|
|
|
43,360
|
|
|
|
41,680
|
|
|
|
(1,680
|
)
|
Accounts payable, trade
|
|
|
31,894
|
|
|
|
18,317
|
|
|
|
(13,577
|
)
|
Short-term borrowings
|
|
|
7,766
|
|
|
|
|
|
|
|
(7,766
|
)
|
Accrued taxes on income
|
|
|
6,968
|
|
|
|
*2,628
|
|
|
|
(4,339
|
)
|
Allowance for losses on construction
|
|
|
13
|
|
|
|
3
|
|
|
|
(10
|
)
|
Asset retirement obligations
|
|
|
|
|
|
|
1
|
|
|
|
1
|
|
Other current liabilities
|
|
|
179,304
|
|
|
|
153,497
|
|
|
|
(25,806
|
)
|
Total current liabilities
|
|
|
269,307
|
|
|
|
216,128
|
|
|
|
(53,179
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES
|
|
|
573,360
|
|
|
|
532,654
|
|
|
|
(40,706
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET ASSETS
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders equity:
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock
|
|
|
211,763
|
|
|
|
211,763
|
|
|
|
|
|
Capital surplus
|
|
|
131,615
|
|
|
|
131,615
|
|
|
|
|
|
Earned surplus
|
|
|
517,436
|
|
|
|
540,374
|
|
|
|
22,938
|
|
Total shareholders equity
|
|
|
860,815
|
|
|
|
883,753
|
|
|
|
22,938
|
|
Unrealized gains (losses), translation adjustments, and others:
|
|
|
|
|
|
|
|
|
|
|
|
|
Net unrealized gains (losses) on securities
|
|
|
61,723
|
|
|
|
38,846
|
|
|
|
(22,876
|
)
|
Deferred gains or losses on hedges
|
|
|
|
|
|
|
408
|
|
|
|
408
|
|
Total unrealized gains (losses), translation adjustments, and others
|
|
|
61,723
|
|
|
|
39,254
|
|
|
|
(22,468
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL NET ASSETS
|
|
|
922,538
|
|
|
|
923,008
|
|
|
|
469
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES AND NET ASSETS
|
|
|
1,495,899
|
|
|
|
1,455,662
|
|
|
|
(40,236
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note:
|
*NTT Com participates in a consolidated tax return system, which has been adopted by NTT (Holding Company) and its wholly-owned subsidiaries in Japan. However, except
for a portion of the calculation of taxes, income taxes have not been calculated on a consolidated basis in the quarterly financial statements.
|
3
III.
Non-Consolidated
Comparative Statements of
Income
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
Nine months ended
December 31, 2015
|
|
|
Nine months ended
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
|
Year ended
March 31, 2016
|
|
Telecommunications businesses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues
|
|
|
515,907
|
|
|
|
522,293
|
|
|
|
6,386
|
|
|
|
691,290
|
|
Operating expenses
|
|
|
457,198
|
|
|
|
462,077
|
|
|
|
4,879
|
|
|
|
613,093
|
|
Operating income from telecommunications businesses
|
|
|
58,709
|
|
|
|
60,216
|
|
|
|
1,507
|
|
|
|
78,196
|
|
|
|
|
|
|
Supplementary businesses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating revenues
|
|
|
152,314
|
|
|
|
151,884
|
|
|
|
(429
|
)
|
|
|
227,018
|
|
Operating expenses
|
|
|
144,241
|
|
|
|
139,001
|
|
|
|
(5,240
|
)
|
|
|
214,072
|
|
Operating income from supplementary businesses
|
|
|
8,072
|
|
|
|
12,883
|
|
|
|
4,811
|
|
|
|
12,946
|
|
Operating income
|
|
|
66,781
|
|
|
|
73,099
|
|
|
|
6,318
|
|
|
|
91,143
|
|
|
|
|
|
|
Non-operating
revenues:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest income
|
|
|
200
|
|
|
|
52
|
|
|
|
(148
|
)
|
|
|
272
|
|
Dividends received
|
|
|
12,392
|
|
|
|
8,160
|
|
|
|
(4,231
|
)
|
|
|
12,486
|
|
Lease and rental income
|
|
|
8,739
|
|
|
|
8,456
|
|
|
|
(282
|
)
|
|
|
11,581
|
|
Miscellaneous income
|
|
|
856
|
|
|
|
491
|
|
|
|
(364
|
)
|
|
|
2,822
|
|
Total
non-operating
revenues
|
|
|
22,188
|
|
|
|
17,162
|
|
|
|
(5,026
|
)
|
|
|
27,163
|
|
|
|
|
|
|
Non-operating
expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expenses
|
|
|
1,237
|
|
|
|
814
|
|
|
|
(423
|
)
|
|
|
1,514
|
|
Lease and rental expenses
|
|
|
4,114
|
|
|
|
4,111
|
|
|
|
(3
|
)
|
|
|
5,551
|
|
Miscellaneous expenses
|
|
|
530
|
|
|
|
401
|
|
|
|
(128
|
)
|
|
|
1,034
|
|
Total
non-operating
expenses
|
|
|
5,881
|
|
|
|
5,326
|
|
|
|
(555
|
)
|
|
|
8,100
|
|
Recurring profit
|
|
|
83,088
|
|
|
|
84,935
|
|
|
|
1,847
|
|
|
|
110,206
|
|
Special losses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5,847
|
|
Income before income taxes
|
|
|
83,088
|
|
|
|
84,935
|
|
|
|
1,847
|
|
|
|
104,359
|
|
Income taxes
|
|
|
*23,906
|
|
|
|
*23,555
|
|
|
|
(350
|
)
|
|
|
32,046
|
|
Net income
|
|
|
59,182
|
|
|
|
61,380
|
|
|
|
2,198
|
|
|
|
72,312
|
|
Note:
|
*NTT Com participates in a consolidated tax return system, which has been adopted by NTT (Holding Company) and its wholly-owned subsidiaries in Japan. However, except
for a portion of the calculation of taxes, income taxes have not been calculated on a consolidated basis in the quarterly financial statements.
|
4
IV. Business Results
(Non-Consolidated
Operating Revenues)
(Based on accounting principles generally accepted in Japan)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Millions of yen)
|
|
|
|
Nine months ended
December 31, 2015
|
|
|
Nine months ended
December 31, 2016
|
|
|
Increase
(Decrease)
|
|
|
Percent
Increase
(Decrease)
|
|
|
Year ended
March 31, 2016
|
|
Cloud Computing Platforms
|
|
|
51,252
|
|
|
|
52,435
|
|
|
|
1,182
|
|
|
|
2.3
|
|
|
|
70,029
|
|
Data Networks
|
|
|
275,565
|
|
|
|
286,327
|
|
|
|
10,762
|
|
|
|
3.9
|
|
|
|
369,871
|
|
Voice Communications
|
|
|
195,840
|
|
|
|
190,144
|
|
|
|
(5,696
|
)
|
|
|
(2.9
|
)
|
|
|
260,329
|
|
Applications & Content
|
|
|
28,834
|
|
|
|
28,037
|
|
|
|
(797
|
)
|
|
|
(2.8
|
)
|
|
|
38,729
|
|
Solution Services
|
|
|
105,119
|
|
|
|
105,907
|
|
|
|
787
|
|
|
|
0.7
|
|
|
|
162,352
|
|
Others
|
|
|
11,608
|
|
|
|
11,326
|
|
|
|
(281
|
)
|
|
|
(2.4
|
)
|
|
|
16,997
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating revenues
|
|
|
668,221
|
|
|
|
674,178
|
|
|
|
5,956
|
|
|
|
0.9
|
|
|
|
918,309
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5
February 10, 2017
Nippon Telegraph and Telephone Corporation
Supplementary Data for
the Nine Months Ended December 31, 2016
Contents
|
|
|
|
|
|
|
pages
|
|
|
|
1. Financial Results Summary (Consolidated)
|
|
|
1
|
|
|
|
2. Financial Results (Business Segments)
|
|
|
2
|
|
|
|
3. Financial Results (Holding Company and Subsidiaries)
|
|
|
3-5
|
|
|
|
4. Operating Data
|
|
|
6-8
|
|
The projected figures concerning the future performance of NTT and its subsidiaries and affiliates contained herein are
based on a series of assumptions, projections, estimates, judgments and beliefs of the management of NTT in light of information currently available to it regarding NTT and its subsidiaries and affiliates, the economy and telecommunications industry
in Japan and overseas, and other factors. These projections and estimates may be affected by the future business operations of NTT and its subsidiaries and affiliates, the state of the economy in Japan and abroad, possible fluctuations in the
securities markets, the pricing of services, the effects of competition, the performance of new products, services and new businesses, changes to laws and regulations affecting the telecommunications industry in Japan and elsewhere, other changes in
circumstances that could cause actual results to differ materially from the forecasts contained herein, as well as other risks included in NTTs most recent Annual Report on Form
20-F
and other filings
and submissions with the United States Securities and Exchange Commission.
1.
|
Financial Results Summary (Consolidated)
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(Billions of yen)
|
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A
Nine
Months
Ended December 31,
2015
|
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|
B
Nine Months
Ended December 31,
2016
|
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|
C
Year Ending
March 31, 2017
(Forecast)
(2)
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Change
|
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|
Progress
|
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B-A
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B/C
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Consolidated (US GAAP)
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Operating Revenues
|
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|
8,495.4
|
|
|
|
8,360.5
|
|
|
|
(134.9
|
)
|
|
|
73.3
|
%
|
|
|
11,410.0
|
|
Fixed Voice Related Services
|
|
|
994.5
|
|
|
|
919.2
|
|
|
|
(75.3
|
)
|
|
|
|
|
|
|
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|
Mobile Voice Related Services
|
|
|
624.6
|
|
|
|
651.4
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|
|
|
26.8
|
|
|
|
|
|
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|
IP/Packet Communications Services
|
|
|
2,819.5
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|
2,842.4
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|
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|
22.8
|
|
|
|
|
|
|
|
|
|
Sales of Telecommunications Equipment
|
|
|
725.8
|
|
|
|
650.1
|
|
|
|
(75.7
|
)
|
|
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|
|
|
|
|
|
System Integration
|
|
|
2,212.2
|
|
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|
2,123.7
|
|
|
|
(88.5
|
)
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|
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Other
|
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|
1,118.8
|
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|
1,173.7
|
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|
55.0
|
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|
|
|
|
|
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Operating Expenses
|
|
|
7,368.8
|
|
|
|
7,041.9
|
|
|
|
(326.8
|
)
|
|
|
70.8
|
%
|
|
|
9,940.0
|
|
Cost of Services (excluding items shown separately below)
|
|
|
1,733.4
|
|
|
|
1,751.4
|
|
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|
18.0
|
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Cost of Equipment Sold (excluding items shown separately below)
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699.5
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|
654.8
|
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(44.7
|
)
|
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|
Cost of System Integration (excluding items shown separately below)
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|
1,577.7
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|
1,496.6
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|
(81.1
|
)
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Depreciation and Amortization
|
|
|
1,317.1
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|
1,082.9
|
|
|
|
(234.2
|
)
|
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|
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|
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|
Impairment Losses
|
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|
6.0
|
|
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|
66.0
|
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|
60.0
|
|
|
|
|
|
|
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Goodwill
|
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53.3
|
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|
53.3
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Other
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|
6.0
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|
12.7
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|
6.7
|
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Selling, General and Administrative Expenses
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|
2,035.1
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|
1,990.3
|
|
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|
(44.8
|
)
|
|
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|
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|
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|
Operating Income
|
|
|
1,126.6
|
|
|
|
1,318.6
|
|
|
|
192.0
|
|
|
|
89.7
|
%
|
|
|
1,470.0
|
|
Income Before Income Taxes
|
|
|
1,121.2
|
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|
|
1,307.2
|
|
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|
186.0
|
|
|
|
90.8
|
%
|
|
|
1,440.0
|
|
Net Income Attributable to NTT
|
|
|
604.1
|
|
|
|
668.7
|
|
|
|
64.7
|
|
|
|
86.8
|
%
|
|
|
770.0
|
|
(Ref.) Details of Cost of Services, Cost of Equipment Sold, Cost of System Integration and
Selling, General and Administrative Expenses
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Personnel
|
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|
1,724.5
|
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|
1,674.9
|
|
|
|
(49.6
|
)
|
|
|
|
|
|
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|
Cost of Services and Equipment Sold, and Selling, General and Administrative Expenses
|
|
|
4,054.5
|
|
|
|
3,947.8
|
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|
|
(106.8
|
)
|
|
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|
|
|
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|
|
Loss on Disposal of Property, Plant and Equipment
|
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|
98.9
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|
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|
100.2
|
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|
|
1.3
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Other Expenses
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|
167.8
|
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|
170.3
|
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|
|
2.5
|
|
|
|
|
|
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Total
|
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|
6,045.6
|
|
|
|
5,893.1
|
|
|
|
(152.6
|
)
|
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|
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|
|
EBITDA and EBITDA Margin with Reconciliation
|
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EBITDA (a+b)
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|
2,495.4
|
|
|
|
2,453.8
|
|
|
|
(41.6
|
)
|
|
|
79.0
|
%
|
|
|
3,108.0
|
|
a Operating Income
|
|
|
1,126.6
|
|
|
|
1,318.6
|
|
|
|
192.0
|
|
|
|
89.7
|
%
|
|
|
1,470.0
|
|
b Depreciation and Amortization, and Loss on Disposal of Property, Plant and
Equipment
|
|
|
1,368.8
|
|
|
|
1,135.2
|
|
|
|
(233.5
|
)
|
|
|
69.3
|
%
|
|
|
1,638.0
|
|
EBITDA Margin [(c/d)X100]
|
|
|
29.4
|
%
|
|
|
29.3
|
%
|
|
|
(0.0) points
|
|
|
|
|
|
|
|
27.2
|
%
|
c EBITDA (a+b)
|
|
|
2,495.4
|
|
|
|
2,453.8
|
|
|
|
(41.6
|
)
|
|
|
79.0
|
%
|
|
|
3,108.0
|
|
d Operating Revenues
|
|
|
8,495.4
|
|
|
|
8,360.5
|
|
|
|
(134.9
|
)
|
|
|
73.3
|
%
|
|
|
11,410.0
|
|
Capital Investment
(1)
|
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|
|
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|
|
|
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Capital Investment
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|
1,039.4
|
|
|
|
1,092.3
|
|
|
|
52.9
|
|
|
|
63.9
|
%
|
|
|
1,710.0
|
|
Regional communications business
|
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|
369.2
|
|
|
|
345.6
|
|
|
|
(23.6
|
)
|
|
|
58.9
|
%
|
|
|
587.0
|
|
Long distance and international communications business
|
|
|
154.9
|
|
|
|
168.3
|
|
|
|
13.4
|
|
|
|
69.0
|
%
|
|
|
244.0
|
|
Mobile communications business
|
|
|
362.5
|
|
|
|
399.4
|
|
|
|
36.9
|
|
|
|
68.3
|
%
|
|
|
585.0
|
|
Data communications business
|
|
|
88.1
|
|
|
|
105.6
|
|
|
|
17.5
|
|
|
|
69.0
|
%
|
|
|
153.0
|
|
Other business
|
|
|
64.7
|
|
|
|
73.3
|
|
|
|
8.6
|
|
|
|
52.0
|
%
|
|
|
141.0
|
|
(Ref.) Core Group Companies
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NTT (Holding Company)
|
|
|
6.6
|
|
|
|
7.6
|
|
|
|
1.0
|
|
|
|
42.4
|
%
|
|
|
18.0
|
|
NTT East
|
|
|
162.2
|
|
|
|
155.7
|
|
|
|
(6.5
|
)
|
|
|
57.7
|
%
|
|
|
270.0
|
|
NTT West
|
|
|
189.9
|
|
|
|
164.8
|
|
|
|
(25.1
|
)
|
|
|
59.9
|
%
|
|
|
275.0
|
|
NTT Communications
|
|
|
83.6
|
|
|
|
91.5
|
|
|
|
7.8
|
|
|
|
71.0
|
%
|
|
|
129.0
|
|
NTT DOCOMO (Consolidated)
|
|
|
362.5
|
|
|
|
399.4
|
|
|
|
37.0
|
|
|
|
68.3
|
%
|
|
|
585.0
|
|
NTT DATA (Consolidated)
|
|
|
88.1
|
|
|
|
105.6
|
|
|
|
17.4
|
|
|
|
69.0
|
%
|
|
|
153.0
|
|
|
|
|
|
|
|
Interest-Bearing Liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of
March 31,
2016
|
|
|
As of
December 31, 2016
|
|
|
As of
March 31, 2017
(Forecast)
(2)
|
|
|
|
|
|
|
|
Interest-Bearing Liabilities
|
|
|
4,163.3
|
|
|
|
4,497.1
|
|
|
|
4,300.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes:
|
|
|
(1
|
)
|
|
Capital Investment figures for domestic access network businesses for A. Nine Months Ended December 31, 2015, B. Nine Months Ended December 31,
2016 and C. Year Ending March 31, 2017 (Forecast) are 789.4 billion yen, 800.8 billion yen and 1,253.0 billion yen respectively.
|
|
|
|
|
|
|
(2
|
)
|
|
Forecasts for the year ending March 31, 2017 have not been changed from those announced in the financial results for the six months ended September 30,
2016.
|
-1-
2.
|
Financial Results (Business Segments)
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Billions of yen)
|
|
|
|
A
Nine Months
Ended
December 31, 2015
|
|
|
B
Nine Months
Ended
December 31, 2016
|
|
|
C
Year Ending
March
31, 2017
(Forecast)
(2)
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
Progress
|
|
|
|
|
|
|
|
|
|
|
|
|
B-A
|
|
|
B/C
|
|
|
|
|
Business segments
(1)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Regional communications business
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
2,520.2
|
|
|
|
2,434.8
|
|
|
|
(85.4
|
)
|
|
|
74.2
|
%
|
|
|
3,280.0
|
|
Operating Expenses
|
|
|
2,288.1
|
|
|
|
2,104.4
|
|
|
|
(183.7
|
)
|
|
|
71.1
|
%
|
|
|
2,960.0
|
|
Operating Income
|
|
|
232.2
|
|
|
|
330.5
|
|
|
|
98.3
|
|
|
|
103.3
|
%
|
|
|
320.0
|
|
Long distance and international communications business
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
1,675.5
|
|
|
|
1,570.6
|
|
|
|
(104.8
|
)
|
|
|
72.7
|
%
|
|
|
2,160.0
|
|
Operating Expenses
|
|
|
1,593.2
|
|
|
|
1,551.9
|
|
|
|
(41.3
|
)
|
|
|
75.3
|
%
|
|
|
2,060.0
|
|
Operating Income
|
|
|
82.2
|
|
|
|
18.7
|
|
|
|
(63.5
|
)
|
|
|
18.7
|
%
|
|
|
100.0
|
|
Mobile communications business
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
3,383.5
|
|
|
|
3,469.2
|
|
|
|
85.7
|
|
|
|
75.3
|
%
|
|
|
4,610.0
|
|
Operating Expenses
|
|
|
2,700.5
|
|
|
|
2,629.9
|
|
|
|
(70.6
|
)
|
|
|
71.6
|
%
|
|
|
3,675.0
|
|
Operating Income
|
|
|
683.0
|
|
|
|
839.3
|
|
|
|
156.3
|
|
|
|
89.8
|
%
|
|
|
935.0
|
|
Data communications business
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
1,147.8
|
|
|
|
1,164.6
|
|
|
|
16.9
|
|
|
|
70.6
|
%
|
|
|
1,650.0
|
|
Operating Expenses
|
|
|
1,073.8
|
|
|
|
1,097.6
|
|
|
|
23.8
|
|
|
|
70.8
|
%
|
|
|
1,550.0
|
|
Operating Income
|
|
|
74.0
|
|
|
|
67.1
|
|
|
|
(7.0
|
)
|
|
|
67.1
|
%
|
|
|
100.0
|
|
Other business
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
872.7
|
|
|
|
889.9
|
|
|
|
17.2
|
|
|
|
67.4
|
%
|
|
|
1,320.0
|
|
Operating Expenses
|
|
|
826.6
|
|
|
|
830.6
|
|
|
|
4.0
|
|
|
|
66.2
|
%
|
|
|
1,255.0
|
|
Operating Income
|
|
|
46.2
|
|
|
|
59.3
|
|
|
|
13.1
|
|
|
|
91.2
|
%
|
|
|
65.0
|
|
|
|
|
|
|
Notes:
|
|
(1)
|
|
Figures for each segment include inter-segment transactions.
|
|
|
|
|
|
(2)
|
|
Forecasts for the year ending March 31, 2017 have not been changed from those announced in the financial results for the six months ended September 30,
2016.
|
-2-
3.
|
Financial Results (Holding Company and Subsidiaries)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Billions of yen)
|
|
|
|
A
|
|
|
|
|
|
B
|
|
|
|
|
|
C
|
|
|
[Ref.]
|
|
|
|
Nine Months Ended
December 31, 2015
|
|
|
Nine Months Ended
December 31, 2016
|
|
|
Year Ending
March 31, 2017
(Forecast)
|
|
|
Year Ending
March 31, 2017
(Forecast when
previous
2Q results were
announced)
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
Progress
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B-A
|
|
|
B/C
|
|
|
|
|
|
|
|
NTT (Holding Company) (JPN GAAP)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
386.7
|
|
|
|
440.6
|
|
|
|
53.8
|
|
|
|
92.8
|
%
|
|
|
475.0
|
|
|
|
475.0
|
|
Operating Expenses
|
|
|
93.0
|
|
|
|
91.3
|
|
|
|
(1.7
|
)
|
|
|
68.2
|
%
|
|
|
134.0
|
|
|
|
134.0
|
|
Operating Income
|
|
|
293.6
|
|
|
|
349.2
|
|
|
|
55.5
|
|
|
|
102.4
|
%
|
|
|
341.0
|
|
|
|
341.0
|
|
Non-Operating
Revenues
|
|
|
20.4
|
|
|
|
18.1
|
|
|
|
(2.3
|
)
|
|
|
72.4
|
%
|
|
|
25.0
|
|
|
|
25.0
|
|
Non-Operating
Expenses
|
|
|
22.9
|
|
|
|
21.3
|
|
|
|
(1.6
|
)
|
|
|
73.6
|
%
|
|
|
29.0
|
|
|
|
29.0
|
|
Recurring Profit
|
|
|
291.2
|
|
|
|
345.9
|
|
|
|
54.7
|
|
|
|
102.7
|
%
|
|
|
337.0
|
|
|
|
337.0
|
|
Net Income
|
|
|
290.4
|
|
|
|
297.0
|
|
|
|
6.5
|
|
|
|
102.4
|
%
|
|
|
290.0
|
|
|
|
317.0
|
|
NTT East (JPN GAAP)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
1,287.0
|
|
|
|
1,236.6
|
|
|
|
(50.3
|
)
|
|
|
74.8
|
%
|
|
|
1,653.0
|
|
|
|
1,653.0
|
|
Voice Transmission Services (excluding IP)
(1)
|
|
|
324.6
|
|
|
|
300.6
|
|
|
|
(23.9
|
)
|
|
|
76.5
|
%
|
|
|
393.0
|
|
|
|
393.0
|
|
IP Services
|
|
|
646.0
|
|
|
|
637.5
|
|
|
|
(8.4
|
)
|
|
|
76.0
|
%
|
|
|
839.0
|
|
|
|
839.0
|
|
Leased Circuit (excluding IP)
|
|
|
79.8
|
|
|
|
70.6
|
|
|
|
(9.1
|
)
|
|
|
72.9
|
%
|
|
|
97.0
|
|
|
|
97.0
|
|
Other
|
|
|
143.9
|
|
|
|
140.3
|
|
|
|
(3.5
|
)
|
|
|
70.3
|
%
|
|
|
324.0
|
|
|
|
324.0
|
|
Supplementary Business
|
|
|
92.5
|
|
|
|
87.4
|
|
|
|
(5.1
|
)
|
|
|
|
Operating Expenses
|
|
|
1,135.0
|
|
|
|
1,062.9
|
|
|
|
(72.0
|
)
|
|
|
71.9
|
%
|
|
|
1,478.0
|
|
|
|
1,478.0
|
|
Personnel
|
|
|
72.2
|
|
|
|
70.5
|
|
|
|
(1.6
|
)
|
|
|
74.3
|
%
|
|
|
95.0
|
|
|
|
95.0
|
|
Cost of Services and Equipment Sold, and Selling, General and Administrative Expenses
|
|
|
721.8
|
|
|
|
691.4
|
|
|
|
(30.3
|
)
|
|
|
71.7
|
%
|
|
|
964.0
|
|
|
|
964.0
|
|
Depreciation and Amortization
|
|
|
259.9
|
|
|
|
220.8
|
|
|
|
(39.1
|
)
|
|
|
74.9
|
%
|
|
|
295.0
|
|
|
|
295.0
|
|
Loss on Disposal of Property, Plant and Equipment
|
|
|
26.6
|
|
|
|
24.3
|
|
|
|
(2.2
|
)
|
|
|
47.8
|
%
|
|
|
51.0
|
|
|
|
51.0
|
|
Taxes and Public Dues
|
|
|
54.3
|
|
|
|
55.6
|
|
|
|
1.3
|
|
|
|
76.3
|
%
|
|
|
73.0
|
|
|
|
73.0
|
|
Operating Income
|
|
|
152.0
|
|
|
|
173.7
|
|
|
|
21.6
|
|
|
|
99.3
|
%
|
|
|
175.0
|
|
|
|
175.0
|
|
Non-Operating
Revenues
|
|
|
12.8
|
|
|
|
19.4
|
|
|
|
6.5
|
|
|
|
108.1
|
%
|
|
|
18.0
|
|
|
|
18.0
|
|
Non-Operating
Expenses
|
|
|
4.2
|
|
|
|
3.7
|
|
|
|
(0.5
|
)
|
|
|
74.9
|
%
|
|
|
5.0
|
|
|
|
5.0
|
|
Recurring Profit
|
|
|
160.6
|
|
|
|
189.4
|
|
|
|
28.7
|
|
|
|
100.8
|
%
|
|
|
188.0
|
|
|
|
188.0
|
|
Net Income
|
|
|
113.1
|
|
|
|
136.5
|
|
|
|
23.3
|
|
|
|
105.0
|
%
|
|
|
130.0
|
|
|
|
130.0
|
|
NTT West (JPN GAAP)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
1,129.1
|
|
|
|
1,093.2
|
|
|
|
(35.9
|
)
|
|
|
73.8
|
%
|
|
|
1,481.0
|
|
|
|
1,481.0
|
|
Voice Transmission Services (excluding IP)
(1)
|
|
|
325.4
|
|
|
|
300.6
|
|
|
|
(24.8
|
)
|
|
|
76.3
|
%
|
|
|
394.0
|
|
|
|
394.0
|
|
IP Services
|
|
|
526.8
|
|
|
|
523.2
|
|
|
|
(3.5
|
)
|
|
|
75.3
|
%
|
|
|
695.0
|
|
|
|
695.0
|
|
Leased Circuit (excluding IP)
|
|
|
71.2
|
|
|
|
65.1
|
|
|
|
(6.0
|
)
|
|
|
77.6
|
%
|
|
|
84.0
|
|
|
|
84.0
|
|
Other
|
|
|
106.5
|
|
|
|
104.8
|
|
|
|
(1.7
|
)
|
|
|
66.3
|
%
|
|
|
308.0
|
|
|
|
308.0
|
|
Supplementary Business
|
|
|
99.1
|
|
|
|
99.3
|
|
|
|
0.2
|
|
|
|
|
Operating Expenses
|
|
|
1,061.3
|
|
|
|
995.9
|
|
|
|
(65.3
|
)
|
|
|
71.3
|
%
|
|
|
1,396.0
|
|
|
|
1,396.0
|
|
Personnel
|
|
|
67.2
|
|
|
|
60.3
|
|
|
|
(6.9
|
)
|
|
|
74.5
|
%
|
|
|
81.0
|
|
|
|
81.0
|
|
Cost of Services and Equipment Sold, and Selling, General and Administrative Expenses
|
|
|
674.0
|
|
|
|
640.9
|
|
|
|
(33.0
|
)
|
|
|
71.1
|
%
|
|
|
902.0
|
|
|
|
902.0
|
|
Depreciation and Amortization
|
|
|
239.3
|
|
|
|
215.4
|
|
|
|
(23.9
|
)
|
|
|
74.5
|
%
|
|
|
289.0
|
|
|
|
289.0
|
|
Loss on Disposal of Property, Plant and Equipment
|
|
|
31.1
|
|
|
|
29.1
|
|
|
|
(2.0
|
)
|
|
|
51.1
|
%
|
|
|
57.0
|
|
|
|
57.0
|
|
Taxes and Public Dues
|
|
|
49.5
|
|
|
|
50.0
|
|
|
|
0.5
|
|
|
|
74.7
|
%
|
|
|
67.0
|
|
|
|
67.0
|
|
Operating Income
|
|
|
67.7
|
|
|
|
97.2
|
|
|
|
29.4
|
|
|
|
114.4
|
%
|
|
|
85.0
|
|
|
|
85.0
|
|
Non-Operating
Revenues
|
|
|
4.0
|
|
|
|
2.2
|
|
|
|
(1.7
|
)
|
|
|
37.5
|
%
|
|
|
6.0
|
|
|
|
6.0
|
|
Non-Operating
Expenses
|
|
|
8.8
|
|
|
|
5.6
|
|
|
|
(3.2
|
)
|
|
|
51.0
|
%
|
|
|
11.0
|
|
|
|
11.0
|
|
Recurring Profit
|
|
|
62.9
|
|
|
|
93.9
|
|
|
|
30.9
|
|
|
|
117.4
|
%
|
|
|
80.0
|
|
|
|
80.0
|
|
Net Income
|
|
|
45.9
|
|
|
|
63.6
|
|
|
|
17.6
|
|
|
|
122.4
|
%
|
|
|
52.0
|
|
|
|
52.0
|
|
|
|
|
|
|
Note:
|
|
(1)
|
|
Operating Revenues from Voice Transmission Services (excluding IP) of NTT East and NTT West for the nine months ended December 31, 2016 include monthly charges, call charges
and interconnection charges of 226.8 billion yen, 20.1 billion yen and 34.9 billion yen for NTT East, and 225.6 billion yen, 18.8 billion yen and 38.0 billion yen for NTT West, respectively.
|
-3-
3.
|
Financial Results (Holding Company and Subsidiaries)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Billions of yen)
|
|
|
|
A
Nine Months
Ended
December 31, 2015
|
|
|
B
Nine Months Ended
December 31, 2016
|
|
|
C
Year Ending
March 31, 2017
(Forecast)
|
|
|
C
Year Ending
March 31, 2017
(Forecast
when
previous 2Q results
were announced)
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
Progress
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
B-A
|
|
|
B/C
|
|
|
|
|
|
|
|
NTT Communications (JPN GAAP)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
(1)
|
|
|
668.2
|
|
|
|
674.1
|
|
|
|
5.9
|
|
|
|
73.3
|
%
|
|
|
920.0
|
|
|
|
920.0
|
|
Cloud Computing Platforms
|
|
|
51.2
|
|
|
|
52.4
|
|
|
|
1.1
|
|
|
|
62.4
|
%
|
|
|
84.0
|
|
|
|
84.0
|
|
Data Networks
|
|
|
275.5
|
|
|
|
286.3
|
|
|
|
10.7
|
|
|
|
75.0
|
%
|
|
|
382.0
|
|
|
|
382.0
|
|
Voice Communications
|
|
|
195.8
|
|
|
|
190.1
|
|
|
|
(5.6
|
)
|
|
|
77.3
|
%
|
|
|
246.0
|
|
|
|
246.0
|
|
Applications & Content
|
|
|
28.8
|
|
|
|
28.0
|
|
|
|
(0.7
|
)
|
|
|
73.8
|
%
|
|
|
38.0
|
|
|
|
38.0
|
|
Solution Services
|
|
|
105.1
|
|
|
|
105.9
|
|
|
|
0.7
|
|
|
|
68.8
|
%
|
|
|
154.0
|
|
|
|
154.0
|
|
Others
|
|
|
11.6
|
|
|
|
11.3
|
|
|
|
(0.2
|
)
|
|
|
70.8
|
%
|
|
|
16.0
|
|
|
|
16.0
|
|
Operating Expenses
|
|
|
601.4
|
|
|
|
601.0
|
|
|
|
(0.3
|
)
|
|
|
72.2
|
%
|
|
|
832.0
|
|
|
|
832.0
|
|
Personnel
|
|
|
57.1
|
|
|
|
57.2
|
|
|
|
0.0
|
|
|
|
73.4
|
%
|
|
|
78.0
|
|
|
|
78.0
|
|
Cost of Services, Cost of Equipment Sold, and Selling, General and Administrative Expenses
|
|
|
301.0
|
|
|
|
284.8
|
|
|
|
(16.2
|
)
|
|
|
72.2
|
%
|
|
|
628.0
|
|
|
|
628.0
|
|
Communication Network Charges
|
|
|
153.0
|
|
|
|
168.6
|
|
|
|
15.6
|
|
|
|
|
Depreciation and Amortization
|
|
|
78.6
|
|
|
|
77.4
|
|
|
|
(1.2
|
)
|
|
|
73.7
|
%
|
|
|
105.0
|
|
|
|
105.0
|
|
Loss on Disposal of Property, Plant and Equipment
|
|
|
1.9
|
|
|
|
2.5
|
|
|
|
0.6
|
|
|
|
36.4
|
%
|
|
|
7.0
|
|
|
|
7.0
|
|
Taxes and Public Dues
|
|
|
9.5
|
|
|
|
10.2
|
|
|
|
0.7
|
|
|
|
73.5
|
%
|
|
|
14.0
|
|
|
|
14.0
|
|
Operating Income
|
|
|
66.7
|
|
|
|
73.0
|
|
|
|
6.3
|
|
|
|
83.1
|
%
|
|
|
88.0
|
|
|
|
88.0
|
|
Non-Operating
Revenues
|
|
|
22.1
|
|
|
|
17.1
|
|
|
|
(5.0
|
)
|
|
|
78.0
|
%
|
|
|
22.0
|
|
|
|
22.0
|
|
Non-Operating
Expenses
|
|
|
5.8
|
|
|
|
5.3
|
|
|
|
(0.5
|
)
|
|
|
66.6
|
%
|
|
|
8.0
|
|
|
|
8.0
|
|
Recurring Profit
|
|
|
83.0
|
|
|
|
84.9
|
|
|
|
1.8
|
|
|
|
83.3
|
%
|
|
|
102.0
|
|
|
|
102.0
|
|
Net Income
|
|
|
59.1
|
|
|
|
61.3
|
|
|
|
2.1
|
|
|
|
85.3
|
%
|
|
|
72.0
|
|
|
|
72.0
|
|
Dimension Data (IFRS)
(2)(3)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
700.5
|
|
|
|
601.7
|
|
|
|
(98.8
|
)
|
|
|
74.3
|
%
|
|
|
810.0
|
|
|
|
835.0
|
|
Operating Expenses
|
|
|
698.2
|
|
|
|
611.5
|
|
|
|
(86.7
|
)
|
|
|
74.6
|
%
|
|
|
820.0
|
|
|
|
831.0
|
|
Operating Income
(4)
|
|
|
2.3
|
|
|
|
(9.9
|
)
|
|
|
(12.1
|
)
|
|
|
|
|
|
|
(10.0
|
)
|
|
|
4.0
|
|
Net Income Attributable to Dimension Data
|
|
|
(1.5
|
)
|
|
|
(26.5
|
)
|
|
|
(25.0
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes:
|
|
|
(1
|
)
|
|
The following are the main services included in each line item:
Cloud Computing Platforms: Data center
services and Private Cloud (Enterprise Cloud, etc.)
Data Networks: Closed network services (Arcstar Universal One, etc.) and Open network service (OCN, etc.)
Voice Communications: Telephone services and
VoIP services (050 plus, etc.)
Applications & Content: Application services (Mail services, etc.)
Solution Services: System integration services
|
|
|
|
|
|
|
(2
|
)
|
|
Because Dimension Datas statements of income from January 1 to December 31 are consolidated into NTTs consolidated statements of income from April 1 to March 31,
Dimension Datas financial results for the nine months ended September 30, 2015 are stated under A. Nine Months Ended December 31, 2015, its financial results for the nine months ended September 30, 2016 are stated under B.
Nine Months Ended December 31, 2016 and its forecasts for the twelve months ended December 31, 2016 are stated under C. Year Ending March 31, 2017.
|
|
|
|
|
|
|
(3
|
)
|
|
The conversion rate used for Dimension Data figures for the nine months ended December 31, 2016 is USD1.00 = JPY108.57
|
|
|
|
|
|
|
(4
|
)
|
|
Operating Income for the nine months ended December 31, 2016 under US GAAP was (17.8) billion yen.
This figure does not include Goodwill Impairment Losses because of the recorded period difference noted in (2) above.
|
-4-
3.
|
Financial Results (Holding Company and Subsidiaries)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Billions of yen)
|
|
|
|
A
Nine Months Ended
December 31, 2015
|
|
|
B
Nine Months Ended
December 31, 2016
|
|
|
C
Year Ending
March 31, 2017
(Forecast)
(1)
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
Progress
|
|
|
|
|
|
|
|
|
|
|
|
|
B-A
|
|
|
B/C
|
|
|
|
|
NTT DOCOMO Consolidated (US GAAP)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
3,383.5
|
|
|
|
3,469.6
|
|
|
|
86.1
|
|
|
|
75.3
|
%
|
|
|
4,610.0
|
|
Telecommunications Services
|
|
|
2,099.6
|
|
|
|
2,225.2
|
|
|
|
125.6
|
|
|
|
74.4
|
%
|
|
|
2,989.0
|
|
Mobile Communications Services
|
|
|
2,070.2
|
|
|
|
2,129.1
|
|
|
|
59.0
|
|
|
|
74.7
|
%
|
|
|
2,850.0
|
|
Voice Revenues
|
|
|
633.4
|
|
|
|
660.2
|
|
|
|
26.8
|
|
|
|
75.2
|
%
|
|
|
878.0
|
|
Packet Communications Revenues
|
|
|
1,436.7
|
|
|
|
1,468.9
|
|
|
|
32.2
|
|
|
|
74.5
|
%
|
|
|
1,972.0
|
|
Optical-fiber broadband services and other telecommunications services
|
|
|
29.5
|
|
|
|
96.1
|
|
|
|
66.6
|
|
|
|
69.1
|
%
|
|
|
139.0
|
|
Equipment Sales
|
|
|
657.8
|
|
|
|
586.3
|
|
|
|
(71.5
|
)
|
|
|
81.2
|
%
|
|
|
722.0
|
|
Other Operating Revenues
|
|
|
626.0
|
|
|
|
658.1
|
|
|
|
32.1
|
|
|
|
73.2
|
%
|
|
|
899.0
|
|
Operating Expenses
|
|
|
2,698.0
|
|
|
|
2,627.3
|
|
|
|
(70.7
|
)
|
|
|
71.6
|
%
|
|
|
3,670.0
|
|
Personnel
|
|
|
216.4
|
|
|
|
217.3
|
|
|
|
0.9
|
|
|
|
74.7
|
%
|
|
|
291.0
|
|
Cost of Services, Cost of Equipment Sold, and Selling, General and Administrative Expenses
|
|
|
1,754.7
|
|
|
|
1,754.8
|
|
|
|
0.1
|
|
|
|
71.2
|
%
|
|
|
2,463.0
|
|
Depreciation and Amortization
|
|
|
457.1
|
|
|
|
334.4
|
|
|
|
(122.7
|
)
|
|
|
74.5
|
%
|
|
|
449.0
|
|
Loss on Disposal of Property, Plant and Equipment
|
|
|
34.7
|
|
|
|
41.3
|
|
|
|
6.5
|
|
|
|
49.2
|
%
|
|
|
84.0
|
|
Communication Network Charges
|
|
|
204.7
|
|
|
|
247.6
|
|
|
|
42.9
|
|
|
|
72.4
|
%
|
|
|
342.0
|
|
Taxes and Public Dues
|
|
|
30.3
|
|
|
|
31.8
|
|
|
|
1.5
|
|
|
|
77.7
|
%
|
|
|
41.0
|
|
Operating Income
|
|
|
685.5
|
|
|
|
842.3
|
|
|
|
156.8
|
|
|
|
89.6
|
%
|
|
|
940.0
|
|
Non-Operating
Income (Loss)
|
|
|
(8.1
|
)
|
|
|
3.8
|
|
|
|
12.0
|
|
|
|
|
|
|
|
(4.0
|
)
|
Income Before Income Taxes
|
|
|
677.4
|
|
|
|
846.2
|
|
|
|
168.8
|
|
|
|
90.4
|
%
|
|
|
936.0
|
|
Net Income Attributable to NTT DOCOMO
|
|
|
492.4
|
|
|
|
589.4
|
|
|
|
97.0
|
|
|
|
90.0
|
%
|
|
|
655.0
|
|
NTT DATA Consolidated (JPN GAAP)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating Revenues
|
|
|
1,145.3
|
|
|
|
1,180.8
|
|
|
|
35.5
|
|
|
|
70.7
|
%
|
|
|
1,670.0
|
|
Public & Social Infrastructure
|
|
|
277.5
|
|
|
|
296.3
|
|
|
|
18.8
|
|
|
|
69.6
|
%
|
|
|
426.0
|
|
Financial
|
|
|
372.7
|
|
|
|
370.7
|
|
|
|
(1.9
|
)
|
|
|
71.3
|
%
|
|
|
520.0
|
|
Enterprise & Solutions
|
|
|
280.6
|
|
|
|
304.0
|
|
|
|
23.3
|
|
|
|
74.9
|
%
|
|
|
406.0
|
|
Global
|
|
|
382.6
|
|
|
|
396.7
|
|
|
|
14.1
|
|
|
|
69.7
|
%
|
|
|
569.0
|
|
Elimination or Corporate
|
|
|
(168.1
|
)
|
|
|
(186.9
|
)
|
|
|
(18.7
|
)
|
|
|
74.5
|
%
|
|
|
(251.0
|
)
|
Cost of Sales
|
|
|
862.3
|
|
|
|
874.9
|
|
|
|
12.6
|
|
|
|
69.8
|
%
|
|
|
1,253.0
|
|
Gross Profit
|
|
|
282.9
|
|
|
|
305.8
|
|
|
|
22.9
|
|
|
|
73.4
|
%
|
|
|
417.0
|
|
Selling, General and Administrative Expenses
|
|
|
218.6
|
|
|
|
231.3
|
|
|
|
12.6
|
|
|
|
74.2
|
%
|
|
|
312.0
|
|
Operating Income
|
|
|
64.2
|
|
|
|
74.5
|
|
|
|
10.2
|
|
|
|
71.0
|
%
|
|
|
105.0
|
|
Non-Operating
Income (Loss)
|
|
|
(3.3
|
)
|
|
|
(1.3
|
)
|
|
|
1.9
|
|
|
|
19.9
|
%
|
|
|
(7.0
|
)
|
Recurring Profit
|
|
|
60.9
|
|
|
|
73.1
|
|
|
|
12.1
|
|
|
|
74.6
|
%
|
|
|
98.0
|
|
Net Income Attributable to Owners of Parent
|
|
|
43.9
|
|
|
|
45.0
|
|
|
|
1.1
|
|
|
|
92.0
|
%
|
|
|
49.0
|
|
|
|
|
|
|
|
|
Note:
|
|
|
(1
|
)
|
|
Forecasts for the year ending March 31, 2017 have not been changed from those announced in the financial results for the six months ended September 30,
2016.
|
-5-
4.
|
Operating Data (Number of Subscribers)
|
Number
of Subscribers
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands except for Public Telephones)
|
|
|
|
A
As
of
March 31, 2016
|
|
|
B
As
of
June 30, 2016
|
|
|
C
As
of
September 30, 2016
|
|
|
D
As of
December 31, 2016
|
|
|
E
As of
March 31, 2017
(Forecast)
(9)
|
|
|
|
|
|
|
|
|
|
|
|
|
F
|
|
|
|
|
|
G
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change
|
|
|
Progress
|
|
|
|
|
|
Change
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
D-A
|
|
|
F/G
|
|
|
|
|
|
E-A
|
|
Telephone Subscriber Lines
(1)
|
|
|
19,943
|
|
|
|
19,671
|
|
|
|
19,413
|
|
|
|
19,117
|
|
|
|
(826
|
)
|
|
|
74.4
|
%
|
|
|
18,833
|
|
|
|
(1,110
|
)
|
NTT East
|
|
|
9,875
|
|
|
|
9,740
|
|
|
|
9,617
|
|
|
|
9,471
|
|
|
|
(404
|
)
|
|
|
93.9
|
%
|
|
|
9,445
|
|
|
|
(430
|
)
|
NTT West
|
|
|
10,068
|
|
|
|
9,931
|
|
|
|
9,796
|
|
|
|
9,647
|
|
|
|
(422
|
)
|
|
|
62.0
|
%
|
|
|
9,388
|
|
|
|
(680
|
)
|
INS-Net
(2)
|
|
|
2,776
|
|
|
|
2,719
|
|
|
|
2,661
|
|
|
|
2,602
|
|
|
|
(174
|
)
|
|
|
71.0
|
%
|
|
|
2,531
|
|
|
|
(245
|
)
|
NTT East
|
|
|
1,414
|
|
|
|
1,384
|
|
|
|
1,356
|
|
|
|
1,325
|
|
|
|
(89
|
)
|
|
|
74.2
|
%
|
|
|
1,294
|
|
|
|
(120
|
)
|
NTT West
|
|
|
1,361
|
|
|
|
1,334
|
|
|
|
1,305
|
|
|
|
1,276
|
|
|
|
(85
|
)
|
|
|
67.8
|
%
|
|
|
1,236
|
|
|
|
(125
|
)
|
Telephone Subscriber Lines +
INS-Net
|
|
|
22,718
|
|
|
|
22,390
|
|
|
|
22,074
|
|
|
|
21,719
|
|
|
|
(999
|
)
|
|
|
73.8
|
%
|
|
|
21,363
|
|
|
|
(1,355
|
)
|
NTT East
|
|
|
11,289
|
|
|
|
11,125
|
|
|
|
10,973
|
|
|
|
10,796
|
|
|
|
(493
|
)
|
|
|
89.6
|
%
|
|
|
10,739
|
|
|
|
(550
|
)
|
NTT West
|
|
|
11,429
|
|
|
|
11,265
|
|
|
|
11,102
|
|
|
|
10,923
|
|
|
|
(506
|
)
|
|
|
62.9
|
%
|
|
|
10,624
|
|
|
|
(805
|
)
|
Public Telephones
|
|
|
171,179
|
|
|
|
168,673
|
|
|
|
166,120
|
|
|
|
163,921
|
|
|
|
(7,258
|
)
|
|
|
84.5
|
%
|
|
|
162,589
|
|
|
|
(8,590
|
)
|
NTT East
|
|
|
78,199
|
|
|
|
76,511
|
|
|
|
74,846
|
|
|
|
73,357
|
|
|
|
(4,842
|
)
|
|
|
69.2
|
%
|
|
|
71,199
|
|
|
|
(7,000
|
)
|
NTT West
|
|
|
92,980
|
|
|
|
92,162
|
|
|
|
91,274
|
|
|
|
90,564
|
|
|
|
(2,416
|
)
|
|
|
151.9
|
%
|
|
|
91,390
|
|
|
|
(1,590
|
)
|
FLETS ISDN
|
|
|
85
|
|
|
|
83
|
|
|
|
81
|
|
|
|
79
|
|
|
|
(6
|
)
|
|
|
105.7
|
%
|
|
|
79
|
|
|
|
(6
|
)
|
NTT East
|
|
|
37
|
|
|
|
36
|
|
|
|
35
|
|
|
|
34
|
|
|
|
(3
|
)
|
|
|
282.0
|
%
|
|
|
36
|
|
|
|
(1
|
)
|
NTT West
|
|
|
48
|
|
|
|
47
|
|
|
|
46
|
|
|
|
45
|
|
|
|
(4
|
)
|
|
|
70.4
|
%
|
|
|
43
|
|
|
|
(5
|
)
|
FLETS ADSL
|
|
|
1,053
|
|
|
|
1,019
|
|
|
|
987
|
|
|
|
955
|
|
|
|
(98
|
)
|
|
|
62.4
|
%
|
|
|
896
|
|
|
|
(157
|
)
|
NTT East
|
|
|
475
|
|
|
|
459
|
|
|
|
444
|
|
|
|
428
|
|
|
|
(47
|
)
|
|
|
78.6
|
%
|
|
|
415
|
|
|
|
(60
|
)
|
NTT West
|
|
|
577
|
|
|
|
560
|
|
|
|
543
|
|
|
|
527
|
|
|
|
(51
|
)
|
|
|
52.4
|
%
|
|
|
480
|
|
|
|
(97
|
)
|
FLETS Hikari (including Hikari Collaboration Model)
(3)(4)(5)
|
|
|
19,259
|
|
|
|
19,520
|
|
|
|
19,704
|
|
|
|
19,903
|
|
|
|
644
|
|
|
|
92.0
|
%
|
|
|
19,959
|
|
|
|
700
|
|
NTT East
|
|
|
10,666
|
|
|
|
10,839
|
|
|
|
10,958
|
|
|
|
11,078
|
|
|
|
411
|
|
|
|
102.8
|
%
|
|
|
11,066
|
|
|
|
400
|
|
NTT West
|
|
|
8,593
|
|
|
|
8,681
|
|
|
|
8,746
|
|
|
|
8,825
|
|
|
|
233
|
|
|
|
77.5
|
%
|
|
|
8,893
|
|
|
|
300
|
|
(incl.) Hikari Collaboration Model
|
|
|
4,691
|
|
|
|
5,912
|
|
|
|
6,917
|
|
|
|
7,854
|
|
|
|
3,163
|
|
|
|
82.2
|
%
|
|
|
8,541
|
|
|
|
3,850
|
|
NTT East
|
|
|
3,077
|
|
|
|
3,781
|
|
|
|
4,337
|
|
|
|
4,846
|
|
|
|
1,769
|
|
|
|
82.3
|
%
|
|
|
5,227
|
|
|
|
2,150
|
|
NTT West
|
|
|
1,615
|
|
|
|
2,131
|
|
|
|
2,580
|
|
|
|
3,008
|
|
|
|
1,394
|
|
|
|
82.0
|
%
|
|
|
3,315
|
|
|
|
1,700
|
|
Hikari Denwa
(6)
|
|
|
17,374
|
|
|
|
17,451
|
|
|
|
17,545
|
|
|
|
17,655
|
|
|
|
281
|
|
|
|
140.5
|
%
|
|
|
17,574
|
|
|
|
200
|
|
NTT East
|
|
|
9,123
|
|
|
|
9,180
|
|
|
|
9,242
|
|
|
|
9,311
|
|
|
|
189
|
|
|
|
94.3
|
%
|
|
|
9,323
|
|
|
|
200
|
|
NTT West
|
|
|
8,252
|
|
|
|
8,271
|
|
|
|
8,302
|
|
|
|
8,344
|
|
|
|
92
|
|
|
|
|
|
|
|
8,252
|
|
|
|
|
|
Conventional Leased Circuit Services
|
|
|
232
|
|
|
|
231
|
|
|
|
229
|
|
|
|
227
|
|
|
|
(6
|
)
|
|
|
71.3
|
%
|
|
|
224
|
|
|
|
(8
|
)
|
NTT East
|
|
|
113
|
|
|
|
112
|
|
|
|
111
|
|
|
|
110
|
|
|
|
(3
|
)
|
|
|
77.8
|
%
|
|
|
109
|
|
|
|
(4
|
)
|
NTT West
|
|
|
120
|
|
|
|
118
|
|
|
|
118
|
|
|
|
117
|
|
|
|
(3
|
)
|
|
|
64.8
|
%
|
|
|
116
|
|
|
|
(4
|
)
|
High Speed Digital Services
|
|
|
115
|
|
|
|
114
|
|
|
|
112
|
|
|
|
110
|
|
|
|
(5
|
)
|
|
|
33.4
|
%
|
|
|
99
|
|
|
|
(16
|
)
|
NTT East
|
|
|
59
|
|
|
|
58
|
|
|
|
57
|
|
|
|
56
|
|
|
|
(3
|
)
|
|
|
62.8
|
%
|
|
|
54
|
|
|
|
(5
|
)
|
NTT West
|
|
|
56
|
|
|
|
56
|
|
|
|
55
|
|
|
|
54
|
|
|
|
(2
|
)
|
|
|
20.1
|
%
|
|
|
45
|
|
|
|
(11
|
)
|
NTT Group Major ISPs
(7)
|
|
|
11,411
|
|
|
|
11,360
|
|
|
|
11,328
|
|
|
|
11,303
|
|
|
|
(108
|
)
|
|
|
74.7
|
%
|
|
|
11,266
|
|
|
|
(145
|
)
|
(incl.) OCN
|
|
|
8,046
|
|
|
|
7,969
|
|
|
|
7,905
|
|
|
|
7,847
|
|
|
|
(199
|
)
|
|
|
86.9
|
%
|
|
|
7,817
|
|
|
|
(229
|
)
|
(incl.) Plala
|
|
|
3,005
|
|
|
|
3,024
|
|
|
|
3,047
|
|
|
|
3,075
|
|
|
|
70
|
|
|
|
128.1
|
%
|
|
|
3,060
|
|
|
|
55
|
|
Hikari TV
|
|
|
3,052
|
|
|
|
3,047
|
|
|
|
3,041
|
|
|
|
3,032
|
|
|
|
(20
|
)
|
|
|
|
|
|
|
3,060
|
|
|
|
8
|
|
FLETS TV Transmission Services
(6)
|
|
|
1,432
|
|
|
|
1,445
|
|
|
|
1,464
|
|
|
|
1,489
|
|
|
|
57
|
|
|
|
239.2
|
%
|
|
|
1,456
|
|
|
|
24
|
|
NTT East
|
|
|
910
|
|
|
|
917
|
|
|
|
926
|
|
|
|
939
|
|
|
|
29
|
|
|
|
288.6
|
%
|
|
|
920
|
|
|
|
10
|
|
NTT West
|
|
|
522
|
|
|
|
528
|
|
|
|
538
|
|
|
|
551
|
|
|
|
29
|
|
|
|
204.0
|
%
|
|
|
536
|
|
|
|
14
|
|
Mobile Telecommunications Services
(8)
|
|
|
70,964
|
|
|
|
71,614
|
|
|
|
72,943
|
|
|
|
73,588
|
|
|
|
2,624
|
|
|
|
68.4
|
%
|
|
|
74,800
|
|
|
|
3,836
|
|
(incl.) Kake-hodai & Pake-aeru billing plan
|
|
|
29,704
|
|
|
|
31,586
|
|
|
|
33,416
|
|
|
|
35,198
|
|
|
|
5,494
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Telecommunications Services (LTE (Xi))
|
|
|
38,679
|
|
|
|
39,893
|
|
|
|
41,281
|
|
|
|
42,671
|
|
|
|
3,992
|
|
|
|
62.2
|
%
|
|
|
45,100
|
|
|
|
6,421
|
|
Telecommunications Services (FOMA (3G))
|
|
|
32,285
|
|
|
|
31,721
|
|
|
|
31,662
|
|
|
|
30,917
|
|
|
|
(1,368
|
)
|
|
|
52.9
|
%
|
|
|
29,700
|
|
|
|
(2,585
|
)
|
sp-mode
|
|
|
32,463
|
|
|
|
33,082
|
|
|
|
33,809
|
|
|
|
34,749
|
|
|
|
2,286
|
|
|
|
66.5
|
%
|
|
|
35,900
|
|
|
|
3,437
|
|
i-mode
|
|
|
18,770
|
|
|
|
18,136
|
|
|
|
17,416
|
|
|
|
16,503
|
|
|
|
(2,267
|
)
|
|
|
67.3
|
%
|
|
|
15,400
|
|
|
|
(3,370
|
)
|
|
|
|
|
|
|
|
Notes:
|
|
|
(1
|
)
|
|
Number of Telephone Subscriber Lines is the total of individual lines and central station lines (Subscriber Telephone Light Plan is included).
|
|
|
|
|
|
|
(2
|
)
|
|
INS-Net
includes
INS-Net
64 and
INS-Net
1500. In terms of number of channels, transmission rate, and line use rate (base rate),
INS-Net
1500 is in all cases roughly ten times
greater than
INS-Net
64. For this reason, one
INS-Net
1500 subscription is calculated as ten
INS-Net
64 subscriptions (including subscriptions to the
INS-Net
64 Lite Plan).
|
|
|
|
|
|
|
(3
|
)
|
|
Number of FLETS Hikari (including Hikari Collaboration Model) subscribers includes subscribers to B FLETS, FLETS Hikari
Next, FLETS Hikari Light, FLETS Hikari Lightplus and FLETS Hikari WiFi Access provided by NTT East, subscribers to B FLETS, FLETS Hikari Premium,
FLETS Hikari Mytown, FLETS Hikari Next, FLETS Hikari Light and FLETS Hikari WiFi Access provided by NTT West and subscribers to the Hikari Collaboration Model, the
wholesale provision of services to service providers by NTT East and NTT West.
|
|
|
|
|
|
|
(4
|
)
|
|
The comparative results for the nine months ended December 31, 2016 compared to the year ended March 31, 2016 for FLETS Hikari (including Hikari
Collaboration Model) are as follows: the numbers of new subscribers for NTT East and NTT West were 1,217 thousand lines and 890 thousand lines, respectively, for a total of 2,107 thousand lines; the numbers of new subscribers
(excluding switchover lines) for the Hikari Collaboration Model for NTT East and NTT West were 826 thousand lines and 579 thousand lines, respectively, for a total of 1,405 thousand lines; and the numbers of switchover
lines for NTT East and NTT West were 1,229 thousand lines and 974 thousand lines, respectively, for a total of 2,203 thousand lines.
|
|
|
|
|
|
|
(5
|
)
|
|
The comparative forecast As of March 31, 2017 for the year ending March 31, 2017 compared to the results for the year ended March 31, 2016 for
FLETS Hikari (including Hikari Collaboration Model) are as follows: the numbers of new subscribers for NTT East and NTT West are expected to be 1,550 thousand lines and 1,150 thousand lines, respectively, for a total of
2,700 thousand lines; the numbers of new subscribers (excluding switchover lines) for the Hikari Collaboration Model for NTT East and NTT West are expected to be 1,000 thousand lines and 700 thousand lines, respectively,
for a total of 1,700 thousand lines; and the numbers of switchover lines for NTT East and NTT West are expected to be 1,500 thousand lines and 1,200 thousand lines, respectively, for a total of 2,700 thousand lines.
|
|
|
|
|
|
|
(6
|
)
|
|
Numbers of subscribers for Hikari Denwa and FLETS TV Transmission Services include wholesale services provided to service providers by NTT East and
NTT West.
|
|
|
|
|
|
|
(7
|
)
|
|
NTT Group Major ISPs includes WAKWAK and InfoSphere, in addition to OCN and Plala.
|
|
|
|
|
|
|
(8
|
)
|
|
Number of Mobile Telecommunications Services (including Telecommunications Services (LTE (Xi)) and Telecommunications Services (FOMA (3G))) includes
Communication Module Services.
|
|
|
|
|
|
|
(9
|
)
|
|
Forecasts for the year ending March 31, 2017 have not been changed from those announced in the financial results for the six months ended September 30,
2016.
|
-6-
Average Monthly Revenue
per Unit (ARPU)
Average monthly revenue per unit, or ARPU, is used to measure average monthly operating revenues attributable
to each designated service on a per user basis. In the case of NTT Groups fixed-line business, ARPU is calculated by dividing revenue items included in the operating revenues of NTT Groups regional communications business segment, that
is, fixed-line (telephone subscriber lines and
INS-NET)
and FLETS Hikari, by the number of active subscribers to the relevant services.
In the case of NTT Groups mobile communications business, ARPU is calculated by dividing revenue items included in operating
revenues from its mobile communications business segment, such as revenues from LTE(Xi) mobile phone services, FOMA mobile phone services and docomo Hikari services, that are incurred consistently each month, by the number of
active users to the relevant services. The calculation of these figures excludes revenues that are not representative of monthly average usage, such as telecommunications equipment sales, activation fees and universal service charges.
NTT believes that its ARPU figures calculated in this way provide useful information regarding the monthly average usage of its
subscribers. The revenue items included in the numerators of NTT Groups ARPU figures are based on its financial results comprising its U.S. GAAP results of operations.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Yen)
|
|
|
|
Three Months
Ended
June 30,
2016
(From
April to
June 2016)
|
|
|
Three Months
Ended
September 30,
2016
(From
July to
September 2016)
|
|
|
Three Months
Ended
December 31,
2016
(From
October to
December 2016)
|
|
|
Nine Months
Ended
December 31,
2015
(From
April to
December 2015)
|
|
|
Nine Months
Ended
December 31,
2016
(From
April to
December 2016)
|
|
|
Year
Ended
March 31,
2016
|
|
|
Year
Ending
March 31,
2017
(Forecast)
(10)
|
|
NTT East
(1)(2)(3)(4)(5)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate Fixed Line ARPU (Telephone Subscriber
Lines + INS-NET
Subscriber Lines)
|
|
|
2,620
|
|
|
|
2,620
|
|
|
|
2,620
|
|
|
|
2,660
|
|
|
|
2,620
|
|
|
|
2,650
|
|
|
|
2,600
|
|
FLETS Hikari ARPU
(6)
|
|
|
5,340
|
|
|
|
5,280
|
|
|
|
5,230
|
|
|
|
5,550
|
|
|
|
5,280
|
|
|
|
5,510
|
|
|
|
5,270
|
|
Basic Monthly Charge
|
|
|
3,750
|
|
|
|
3,720
|
|
|
|
3,690
|
|
|
|
3,850
|
|
|
|
3,710
|
|
|
|
3,830
|
|
|
|
3,700
|
|
Optional Services
|
|
|
1,590
|
|
|
|
1,560
|
|
|
|
1,540
|
|
|
|
1,700
|
|
|
|
1,570
|
|
|
|
1,680
|
|
|
|
1,570
|
|
NTT West
(1)(2)(3)(4)(5)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate Fixed Line ARPU (Telephone Subscriber Lines +
INS-NET
Subscriber
Lines)
|
|
|
2,580
|
|
|
|
2,580
|
|
|
|
2,580
|
|
|
|
2,610
|
|
|
|
2,580
|
|
|
|
2,610
|
|
|
|
2,570
|
|
FLETS Hikari ARPU
(6)
|
|
|
5,350
|
|
|
|
5,300
|
|
|
|
5,260
|
|
|
|
5,500
|
|
|
|
5,310
|
|
|
|
5,470
|
|
|
|
5,250
|
|
Basic Monthly Charge
|
|
|
3,640
|
|
|
|
3,620
|
|
|
|
3,590
|
|
|
|
3,740
|
|
|
|
3,620
|
|
|
|
3,720
|
|
|
|
3,580
|
|
Optional Services
|
|
|
1,710
|
|
|
|
1,680
|
|
|
|
1,670
|
|
|
|
1,760
|
|
|
|
1,690
|
|
|
|
1,750
|
|
|
|
1,670
|
|
NTT DOCOMO
(7)(8)(9)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate ARPU
|
|
|
4,330
|
|
|
|
4,420
|
|
|
|
4,450
|
|
|
|
4,140
|
|
|
|
4,400
|
|
|
|
4,170
|
|
|
|
4,430
|
|
Voice ARPU (LTE(Xi)+FOMA)
|
|
|
1,240
|
|
|
|
1,250
|
|
|
|
1,280
|
|
|
|
1,200
|
|
|
|
1,250
|
|
|
|
1,210
|
|
|
|
1,250
|
|
Data ARPU
|
|
|
3,090
|
|
|
|
3,170
|
|
|
|
3,170
|
|
|
|
2,940
|
|
|
|
3,150
|
|
|
|
2,960
|
|
|
|
3,180
|
|
Packet ARPU (LTE(Xi)+FOMA)
|
|
|
2,960
|
|
|
|
2,990
|
|
|
|
2,960
|
|
|
|
2,900
|
|
|
|
2,970
|
|
|
|
2,910
|
|
|
|
2,980
|
|
docomo Hikari ARPU
|
|
|
130
|
|
|
|
180
|
|
|
|
210
|
|
|
|
40
|
|
|
|
180
|
|
|
|
50
|
|
|
|
200
|
|
|
|
|
|
|
|
|
|
|
Notes:
|
|
(1)
|
|
We compute the following two categories of ARPU for business conducted by each of NTT East and NTT West.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Aggregate Fixed Line ARPU (Telephone Subscriber Lines +
INS-NET
Subscriber Lines): Calculated based on revenues from monthly charges and call
charges for Telephone Subscriber Lines and
INS-NET
Subscriber Lines, which are included in operating revenues from Voice Transmission Services (excluding IP Services), and revenues from FLETS
ADSL and FLETS ISDN, which are included in operating revenues from IP Services.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FLETS Hikari ARPU: Calculated based on revenues from FLETS Hikari (including FLETS Hikari optional services), which are included in
operating revenues from IP Services, revenues from monthly charges, call charges and connection device charges for Hikari Denwa, and revenues from FLETS Hikari optional services, which are included in Supplementary
Business revenues.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FLETS Hikari includes B FLETS, FLETS Hikari Next, FLETS Hikari Light, FLETS Hikari
Lightplus and FLETS Hikari WiFi Access provided by NTT East, and B FLETS, FLETS Hikari Premium, FLETS Hikari Mytown, FLETS Hikari Next, FLETS
Hikari Light and FLETS Hikari WiFi Access provided by NTT West. In addition, FLETS Hikari also includes the Hikari Collaboration Model, the wholesale provision of services to service providers by
NTT East and NTT West.
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FLETS Hikari Optional Services includes wholesale services provided to service providers by NTT East and NTT West.
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(2)
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Revenues from interconnection charges are excluded from the calculation of Aggregate Fixed Line ARPU (Telephone Subscriber Lines +
INS-NET
Subscriber Lines) and FLETS Hikari ARPU.
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(3)
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Numbers of active subscribers used in the ARPU calculation of NTT East and NTT West are as below.
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Quarterly Results: Sum of number of active subscribers* for each month in the relevant quarter
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Nine-month Results (from April to December): Sum of number of active users* for each month from April to December
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FY Results: Sum of number of active subscribers* for each month from April to March
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FY Forecast: Sum of number of active subscribers* for each month from April to September and sum of the average expected active number of subscribers from October to March ((number
of subscribers at September 30, 2016 + number of expected subscribers at March 31, 2017)/2)x6
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*active subscribers = (number of subscribers at end of previous month + number of subscribers at end of the current month)/2
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(4)
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For purposes of calculating Aggregate Fixed Line ARPU (Telephone Subscriber Lines +
INS-NET
Subscriber Lines), the number of
subscribers is determined based on the number of subscriptions for fixed-line services (Telephone Subscriber Lines +
INS-NET
Subscriber Lines).
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(5)
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In terms of number of channels, transmission rate, and line use rate (base rate),
INS-Net
1500 is in all cases roughly ten times
greater than
INS-Net
64. For this reason, for the purpose of calculating Aggregate Fixed Line ARPU (Telephone Subscriber Lines +
INS-NET
Subscriber Lines), one
INS-Net
1500 subscription is calculated as ten
INS-Net
64 subscriptions.
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(6)
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For purposes of calculating FLETS Hikari ARPU, the number of subscribers is determined based on the number of FLETS Hikari subscribers, which includes
subscribers to B FLETS, FLETS Hikari Next, FLETS Hikari Light, FLETS Hikari Lightplus and FLETS Hikari WiFi Access provided by NTT East, subscribers to B
FLETS, FLETS Hikari Premium, FLETS Hikari Mytown, FLETS Hikari Next, FLETS Hikari Light and FLETS Hikari WiFi Access provided by NTT West, and the
Hikari Collaboration Model, the wholesale provision of services to service providers by NTT East and NTT West.
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(7)
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The following is the formula we use to compute ARPU for NTT DOCOMO.
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Aggregate ARPU = Voice ARPU + Packet ARPU + docomo Hikari ARPU
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Data ARPU= Packet ARPU + docomo Hikari ARPU
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Voice ARPU: Voice ARPU Related Revenues (basic monthly charges, voice communication charges) / No. of active users
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docomo Hikari ARPU: docomo Hikari ARPU Related Revenues (basic monthly charges, voice communication charges) / No. of active users
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(8)
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Numbers of active users used in the ARPU calculation of NTT DOCOMO are as below.
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Quarterly Results: Sum of number of active users* for each month in the relevant quarter
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Nine-month Results (from April to December): Sum of number of active users* for each month from April to December
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FY Results/FY Forecast : Sum of number of active users*/expected number of active users* for each month from April to March
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*active users = (number of users at end of previous month + number of users at end of current month)/2
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(9)
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The number of users used to calculate ARPU is the total number of subscriptions, excluding the subscriptions listed below:
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a.
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Subscriptions to communication module services, Phone Number Storage, Mail Address Storage, docomo Business Transceiver and wholesale
telecommunications services and interconnecting telecommunications facilities that are provided to Mobile Virtual Network Operators (MVNOs); and
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b.
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Data Plan subscriptions which the customer contracting for such subscription in his/her name also has a subscription for Xi services in his/her
name.
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Note that revenues from communication module services, Phone Number Storage, Mail Address Storage, docomo Business Transceiver and
wholesale telecommunications services and interconnecting telecommunications facilities that are provided to Mobile Virtual Network Operators (MVNOs) are not included in ARPU calculations.
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(10)
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Forecasts for the year ending March 31, 2017 have not been changed from those announced in the financial results for the six months ended September 30,
2016.
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-7-
4.
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Operating Data (Number of Employees)
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Number of
Employees
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(Persons)
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A
As
of
December 31, 2015
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B
As of
December 31, 2016
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C
As
of
March 31, 2017
(Forecast)
(2)
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Change
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B-A
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NTT Consolidated
(1)
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249,650
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280,600
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30,950
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271,600
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Regional communications business
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72,500
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73,700
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1,200
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62,250
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Long distance and international communications business
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44,200
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44,050
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(150
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)
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44,600
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Mobile communications business
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26,700
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27,400
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700
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26,900
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Data communications business
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80,600
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109,950
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29,350
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113,050
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Other business
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25,650
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25,500
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(150
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)
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24,800
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Core Group Companies
(1)
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NTT (Holding Company)
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2,800
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2,750
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(50
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)
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2,750
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NTT East
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5,150
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4,950
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(200
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)
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4,750
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NTT West
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4,600
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4,450
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(150
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)
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4,400
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NTT Communications
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6,550
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6,450
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(100
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)
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6,350
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NTT DOCOMO (Consolidated)
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26,700
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27,400
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700
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26,900
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NTT DATA (Consolidated)
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80,600
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109,950
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29,350
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113,050
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|
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Notes:
|
|
|
(1
|
)
|
|
Starting from the nine-month period ended December 31, 2016, Number of Employees includes employees whose contracts were changed from fixed-term
contracts to open-ended contracts.
|
|
|
|
|
|
|
(2
|
)
|
|
Forecasts for the year ending March 31, 2017 have not been changed from those announced in the financial results for the six months ended September 30,
2016.
|
-8-