TOKYO (dpa-AFX) - NTT Docomo Inc. (DCM) reported that its reported that net income attributable to the company for Six months ended September 30, 2016 climbed 27.8 percent to 405.41 billion Japanese yen from last year's 317.14 billion yen. Earnings per share were 108.32 yen, higher than 81.70 yen last year.
Operating income increased 123.0 billion yen year-over-year to 585.6 billion yen.
Operating revenues for the period were 2.29 trillion yen, up 3.3 from 2.21 trillion yen a year ago.
The company revised upward its operating income forecasts for the fiscal year ending March 31, 2017 by 30.0 billion yen, or 3.3% from the original forecasts to 940.0 billion yen.
Operating revenues for the fiscal year ending March 31, 2017 are estimated to be 4.61 trillion billion, yen, a decrease of 10.0 billion yen, or 0.2%, compared to the original forecasts, due mainly to a greater-than-expected decrease in equipment sales revenues, despite an increase in telecommunications services revenues resulting from the expansion of smartphone user base and a growth of demand for tablets and other devices purchased as a second mobile device for individual use, and an increase in optical-fiber broadband service and other telecommunications services revenues due to the projected growth of 'docomo Hikari' users.
Copyright RTT News/dpa-AFX