If a company registered in Japan at anytime expects net income to change by more than 30% - either up or down - from previously announced forecasts it must notify the Tokyo Stock Exchange.
In the previous week, NTT DoCoMo reported fiscal 2008 annual revenue declined 1.6% to 4.7 trillion yen and net income rose 7.4% to 491 billion yen. The company guided for the current year ending in March 2009 revenue to rise 1.2% to 4.77 trillion yen and net income to increase 2.4% to 503 billion yen. The mobile telecom expects the number of subscribers to increase at the end of March 2009 to 31 million from 22 million at the end of March 2008 as the company offered new discount rate plans. |