Japanese telecoms giant NTT DOCOMO has published its results for the financial year ended 31 March 2014 (FY2013), reporting a marginal 0.2% decrease in operating revenues to JPY4.461 trillion (USD43.66 billion), down from JPY4.470 trillion reported in end-March 2013. Operating income also decreased, by 2.1%, to JPY819.199 billion year-on-year, mainly due to the impact of discount programmes and a decrease in voice revenues, partially offset by an increase in equipment sales (JPY113.9 billion). As a result, the company’s net profit decreased to JPY464.729 billion, down 5.4% from JPY491.026 billion reported in in FY2012. Further, NTT DOCOMO’s EBITDA reached JPY1.572 trillion, up marginally from JPY1.569 trillion reported in March 2013. The company forecasts that it will return to growth in FY2014, with its operating revenues projected to amount to JPY4.59 trillion by the end of the financial year (31 March 2015), an increase of 2.9%, with estimated net profit of JPY480 billion for the period.
In operational terms, NTT DOCOMO reported a total of 63.105 million subscribers at end-March 2014, up 2.6% year-on-year from 61.536 million in FY2013. Further, the company reported that subscribers to its 3G services, marketed under the ‘FOMA’ brand, decreased by 17.7% y-o-y to 41.140 million users, while subscribers to its 4G Long Term Evolution (LTE) service, marketed under the brand name ‘Xi’, increased almost two-fold to 21.965 million, compared to the 11.566 million reported twelve months previously. Further, NTT DOCOMO revealed that 79% of its smartphone subscribers were LTE-enabled at end-March. The company also exceeded its initial plans to have 50,000 LTE base stations in operation by end-March 2014, with 55,300 reported LTE-enabled base transceiver stations (BTS) in service. NTT DOCOMO said that LTE technology will account for two-thirds of its expected JPY690 billion investment for FY2014; the company expects to increase the number of its LTE-enabled BTS to 95,300 stations within the next twelve months.