Plus   Neg

NTT DOCOMO FY18 Profit To Shareholders Declines - Quick Facts

NTT DOCOMO, INC. (DCM) reported that its profit attributable to shareholders for the fiscal year ended March 31, 2019 was 663.6 billion yen, down from 790.8 billion yen, prior year. Basic earnings per share was 187.79 yen compared to 214.27 yen. Operating profit increased to 1.01 trillion yen from 987 billion yen.

For the fiscal year ended March 31, 2019, operating revenues increased to 4.84 trillion yen from 4.76 trillion yen, previous year. The company said this was mainly due to an increase in optical-fiber broadband service revenues due to growth in the number of "docomo Hikari" user as well as an increase in equipment sales due to an increase in the proportion of advanced smartphones in the number of handsets sold.

For the fiscal year ending March 31, 2020, the company projects operating revenues to be 4.58 trillion yen, a decrease of 260.8 billion yen from the previous fiscal year due to a decline in mobile communications services revenues resulting from the introduction of new billing plans. Operating profit for the fiscal year is projected to be 830 billion yen. Basic earnings per share is projected to be 175.00 yen, for the fiscal year.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
U.S. President Donald Trump said he discussed with Apple Inc.'s CEO Tim Cook about the impact of the U.S. tariffs on goods imported from China as well as the competition for Apple from South Korea's Samsung Electronics Co. Cook reportedly warned Trump that the tariffs on Chinese imports would hurt Apple's business as the tech giant relies heavily on manufacturing in China. Just Egg, a plant-based egg alternative, will be available in 2,100 stores owned by grocery chain Kroger Co. later this month. The product launch comes as plant-based meat and egg alternatives gain traction in the country. Just Egg, a product of California-based food technology company Just Inc., will be available at Kroger-owned stores, including Kroger, Fred Meyer and Ralphs. Boeing has delivered the first 787-10 Dreamliner to Vietnam Airlines, the flag carrier of Vietnam, as part of the eight 787-10 Dreamliner airplanes to be delivered on lease through Air Lease. Vietnam Airlines said the 787-10 Dreamliner, claimed by Boeing to be the most fuel-efficient twin-aisle airplane in the industry, will help it raise the customer experience on the Hanoi to Ho Chi Minh route.
Follow RTT