Edgar Filing: NTT DOCOMO INC

1. The weighted average number of shares outstanding:

For the three months ended June 30, 2006: 44,381,601 shares

For the three months ended June 30, 2005: 46,242,384 shares

For the fiscal year ended March 31, 2006: 45,250,031 shares

2. Percentage for operating revenues, operating income, income before income taxes and net income in the above tables represents changes compared to the corresponding previous period.

Form 6-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

For the month of July, 2006.

Commission File Number: 001-31221

Total number of pages: 50

NTT DoCoMo, Inc.

(Translation of registrant’s name into English)

Sanno Park Tower 11-1, Nagata-cho 2-chome

Chiyoda-ku, Tokyo 100-6150

Japan

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨ No x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-

Information furnished in this form:


1.		Earnings release dated July 28, 2006 announcing the company’s results for the Three Months ended June 30, 2006.

2.		Materials presented in conjunction with the earnings release dated July 28, 2006 announcing the company’s results for the Three Months ended June 30, 2006.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	NTT DoCoMo, Inc.

Date: July 31, 2006	By:	/s/ YOSHIKIYO SAKAI
		Yoshikiyo Sakai Head of Investor Relations

3:00 P.M. JST, July 28, 2006

NTT DoCoMo, Inc.

Earnings Release for the Three Months Ended June 30, 2006

Consolidated financial results of NTT DoCoMo, Inc. and its subsidiaries (collectively “we” or “DoCoMo”) for the three months ended June 30, 2006 (April 1, 2006 to June 30, 2006), are summarized as follows.

<< Highlights of Financial Results >>

•

For the three months ended June 30, 2006, operating revenues were ¥1,218.6 billion (up 2.7% compared to the same period of the prior year), operating income was ¥272.7 billion (down 5.2% compared to the same period of the prior year), income before income taxes was ¥274.4 billion (down 22.4% compared to the same period of the prior year) and net income was ¥163.5 billion (down 21.3% compared to the same period of the prior year).

•

Earnings per share were ¥ 3,684.23 and EBITDA margin* was 36.5%, down 1.8 points compared to the same period of the prior year.

Notes:

Consolidated financial statements in this release are unaudited.

Amounts in this release are rounded off.

EBITDA and EBITDA margin, as we use them, are different from EBITDA as used in Item 10(e) of Regulation S-K and may not be comparable to similarly titled measures used by other companies. For an explanation of our definition of EBITDA, see the reconciliations to the most directly comparable financial measures calculated and presented in accordance with GAAP on page 16.

<< Comment from Masao Nakamura, President and CEO >>

In the first quarter of the fiscal year ending March 31, 2007, we achieved solid results in our business operations. Our cellular churn rate was 0.64%, 0.16 points lower compared to the same period of the prior year, and we secured the largest market share of net additional subscribers, owing to the addition of new models to our handset lineup and the brisk growth of “pake-hodai” flat-rate subscribers after making more billing plans available to subscribers earlier this year. We have also moved forward in migrating existing subscribers to the FOMA network, successfully growing the number of FOMA subscribers to more than half of our total cellular subscribers. As a consequence, operating income for the first quarter reached ¥272.7 billion, making a favorable progress toward our full-year forecast.

In view of the scheduled introduction of Mobile Number Portability system this fall, we will continue our endeavors to reinforce our overall competitiveness by improving every aspect of our business, including our billing plans, handsets lineup, network quality and after-sales support. As for the services we offer, following the launch of the “Chaku-Uta Full”, full music track downloading service in June, we plan to start a new service dubbed “Music Channel”—a service that allows users to download music programs of high sound quality—in conjunction with the introduction of High Speed Downlink Packet Access (HSDPA) this summer, in an effort to enrich our music-related offerings. We also plan to respond proactively to users’ growing needs for search engines of information sites.

The subscriber base of “DCMX” credit payment service, commenced in the first quarter, already exceeded 300,000 as of June 30, 2006, delivering tangible results toward our goal to create new revenue sources. The uptake of “i-channel” service has also grown remarkably, acquiring over 4.0 million subscribers in 10 months after its service launch. We aim to boost the usage of subscribers even further by promoting various services such as “i-channel” going forward.

In order to react swiftly to the changes in our business environment, we, as always, will strive to respond earnestly to customers’ voices, strengthen our competitiveness by enhancing existing services and introducing attractive new services, and thereby solidify our business foundation.

<< Operating Results and Financial Position >>


<Results of operations>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2005			Increase (Decrease)					Year ended March 31, 2006
Operating revenues	¥	1,218.6		¥	1,187.1		¥	31.5		2.7	%	¥	4,765.9
Operating expenses		945.8			899.5			46.4		5.2			3,933.2

Operating income		272.7			287.6			(14.9	)	(5.2	)		832.6
Other income (expense)		1.7			65.8			(64.2	)	(97.5	)		119.7

Income before income taxes		274.4			353.4			(79.0	)	(22.4	)		952.3
Income taxes		110.7			144.8			(34.1	)	(23.5	)		341.4
Equity in net income (losses) of affiliates		(0.1	)		(0.8	)		0.6		83.3			(0.4	)
Minority interests in consolidated subsidiaries		(0.0	)		0.0			(0.0	)	—			(0.1	)

Net income	¥	163.5		¥	207.9		¥	(44.3	)	(21.3	%)	¥	610.5

1.	Business Overview

(1)

Operating revenues totaled ¥1,218.6 billion (up 2.7% compared to the same period of the prior year).

•

Cellular (FOMA+mova) services revenues increased to ¥1,065.4 billion (up 3.5% compared to the same period of the prior year). Despite the negative impact on revenues from our strategic billing arrangements, the acquisition of new subscribers and lowered churn rate, which resulted from our continued implementation of customer-oriented operations, delivered positive impacts on our operating revenues.

•

Voice revenues from FOMA services increased to ¥409.2 billion (up 78.9% compared to the same period of the prior year) and packet communications revenues from FOMA services increased to ¥215.0 billion (up 83.9% compared to the same period of the prior year) owing to a significant increase in the number of FOMA services subscribers to 26.22 million (up 91.2% compared to the same period of the prior year), which resulted from the release of new handsets such as the “FOMA902i/702i” series, further enhancement of our network quality, and increase in the number of billing plans that can be combined with “pake-hodai”, our flat-rate packet billing plan for unlimited i-mode usage.

•

Equipment sales totaled ¥123.6 billion (down 2.9% compared to the same period of the prior year). While the number of handset sold increased due to steady migration of subscribers from mova to FOMA services, the amount accounted for as sales revenue per handset decreased.


<Breakdown of operating revenues>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006		(UNAUDITED) Three months ended June 30, 2005		Increase (Decrease)
Wireless services	¥	1,094.9	¥	1,059.8	¥	35.2		3.3	%
Cellular (FOMA+mova) services revenues		1,065.4		1,029.0		36.4		3.5
- Voice revenues		764.1		761.7		2.4		0.3
Including: FOMA services		409.2		228.8		180.5		78.9
- Packet communications revenues		301.4		267.3		34.1		12.7
Including: FOMA services		215.0		116.9		98.1		83.9
PHS services revenues		7.0		12.4		(5.5	)	(44.0	)
Other revenues		22.5		18.3		4.2		23.1
Equipment sales		123.6		127.3		(3.7	)	(2.9	)

Total operating revenues	¥	1,218.6	¥	1,187.1	¥	31.5		2.7	%

Notes:

Cellular (FOMA+mova) services revenues reflect the impact of including the portion of “Nikagetsu Kurikoshi” (2-months carry over) allowances that are projected to expire.

Voice revenues include data communications revenues through circuit switching system.

(2)

Operating expenses were ¥945.8 billion (up 5.2% compared to the same period of the prior year).

•

Personnel expenses were ¥62.9 billion (up 1.4% compared to the same period of the prior year). The number of employees as of June 30, 2006 was 22,217.

•

Non-personnel expenses increased to ¥609.3 billion (up 7.6% compared to the same period of the prior year) mainly due to an increase in cost of equipment sold, reflecting the increased number of handsets sold, and an increase in our after-sales service expenses, such as provision of free-of-charge battery packs and warranty services for handsets.

•

Depreciation and amortization increased by 2.3% to ¥169.3 billion compared to the same period of the prior year due to an increase in capital expenditures for reinforcement of our FOMA network.


<Breakdown of operating expenses>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006		(UNAUDITED) Three months ended June 30, 2005		Increase (Decrease)
Personnel expenses	¥	62.9	¥	62.0	¥	0.9		1.4	%
Non-personnel expenses		609.3		566.2		43.1		7.6
Depreciation and amortization		169.3		165.5		3.8		2.3
Loss on disposal of property, plant and equipment and intangible assets		4.3		2.8		1.5		52.2
Communication network charges		90.7		93.7		(3.0	)	(3.2	)
Taxes and public dues		9.3		9.2		0.1		1.2

Total operating expenses	¥	945.8	¥	899.5	¥	46.4		5.2	%

Notes:

For the period starting from April 1, 2006, the amount of impairment loss related to PHS assets, which was separately stated in the past, is included in “Depreciation and amortization”. As the result thereof, certain reclassifications are made to the operating results for the three months ended June 30, 2005.

(3)

Operating income decreased to ¥272.7 billion (down 5.2% compared to the same period of the prior year). Income before income taxes decreased to ¥274.4 billion (down 22.4% compared to the same period of the prior year), due to the impact of a gain on sale of Hutchison 3G UK Holdings Limited shares (¥62.0 billion) recorded in the same period of the prior year.

(4)

Net income was ¥163.5 billion (down 21.3% compared to the same period of the prior year).

2.	Segment Information

(1)

Mobile phone business

Operating revenues were ¥1,202.5 billion and operating income was ¥278.9 billion.

•

Cellular (FOMA) services

–

Beginning in May 2006, we released our high-end models, the “FOMA 902iS” series handsets, all of which are equipped with a pre-installed application software for our “DCMX” mobile credit service, enhanced security and music player function. We also launched optional services to the compatible handsets including; “Data Security Services” which enable subscribers to store their phonebook list on DoCoMo’s network, “Omakase Lock” which enables users to lock their lost handsets by remote control through our call center or website, “Chaku-moji” which enables a caller to transmit a message that is displayed on the receiver’s screen until the call is answered, and “Chaku-Uta Full” which enables users to download full music tracks from i-mode sites. In June 2006, we also released the “FOMA SO902iWP+”, the first waterproof handset for FOMA. In May 2006, we released our standard model the “FOMA SO702i”, which is a compact handset with changeable front and rear covers. In June we released the “FOMA D702iBCL”, a camera-less handset for corporate users. Beginning in April 2006, we released a simple and compact handset series called “SIMPURE”, which are equipped with basic features and compatible with our international roaming-out service “WORLD WING”. The number of FOMA services subscribers increased steadily and reached 26.22 million as of June 30, 2006.

–

Voice ARPU, packet ARPU and aggregate ARPU of cellular (FOMA) services were ¥5,420, ¥2,880 and ¥8,300, respectively.

•

Cellular (mova) services

–

In April 2006, we released the “mova P506iC II” which is compatible with “Osaifu-Keitai”*. Due to continuous progress in the migration of subscribers from mova services to FOMA services, the number of mova subscribers decreased to 25.46 million as of June 30, 2006.

–

Voice ARPU, i-mode ARPU and aggregate ARPU of cellular (mova) services were ¥4,460, ¥1,080 and ¥5,540, respectively.

“Osaifu-Keitai” refers to mobile phones equipped with a contactless IC card, as well as the useful function and services enabled by the IC card. With this function, a mobile phone can be utilized as electronic money, a credit card, an electronic ticket, a membership card, an airline ticket, among other things.

–

The aggregate number of FOMA and mova services subscribers increased to 51.67 million. In June 2006, FOMA service surpassed mova service in the number of subscribers.

–

Voice ARPU, packet ARPU and aggregate ARPU of cellular (FOMA+mova) services were ¥4,930, ¥1,970 and ¥6,900, respectively.

–

Churn rate for cellular (FOMA+mova) services for the three months ended June 30, 2006 was 0.64%, a decrease of 0.16 points compared to the same period of the prior year.

•

i-mode services

–

The number of subscribers using i-mode-FeliCa compatible handsets reached approximately 13.80 million as of June 30, 2006. The total number of i-mode services subscribers reached 46.82 million as of June 30, 2006.

–

As for the global development, in June 2006, we agreed with Hutchison Telephone Company Limited (HTCL), a mobile operator in Hong Kong, that HTCL will introduce i-mode services in Hong Kong and Macau. The i-mode services are rolled out in 15 countries and areas including Japan as of June 30, 2006, and the number of i-mode services subscribers of all foreign carriers increased steadily.

•

International services

–

In June 2006, we lowered our tariffs and handset rental fees for “WORLD WALKER”, our international roaming-out service for mova users, and integrated the service brand name to “WORLD WING”, the service brand name for our international roaming-out service for FOMA users. As of June 30, 2006, we expanded the service area of international roaming-out services for voice calls and SMS to 136 countries and areas; for packet communications to 77 countries and areas; and for videophone calls to 25 countries and areas.

Note:

ARPU: Average monthly revenue per unit

Average monthly revenue per unit, or ARPU, is used to measure average monthly operating revenues attributable to designated services on a per user basis. ARPU is calculated by dividing various revenue items included in operating revenues from our wireless services, such as monthly charges, voice transmission charges and packet transmission charges, from designated services which are incurred consistently each month, by number of active subscribers to the relevant services. Accordingly, the calculation of ARPU excludes revenues that are not representative of monthly average usage such as activation fees. We believe that our ARPU figures provide useful information to analyze the average usage of our subscribers and the impacts of changes in our billing arrangements. The revenue items included in the numerators of our ARPU figures are based on our U.S. GAAP results of operations. This definition applies to all ARPU figures hereinafter. See page 15 for the details of the calculation methods.


<Number of subscribers by services>	Thousand subscribers
	June 30, 2006	March 31, 2006	Increase (Decrease)
Cellular (FOMA) services	26,217	23,463	2,753		11.7	%
Cellular (mova) services	25,456	27,680	(2,225	)	(8.0	)
i-mode services	46,823	46,360	463		1.0

Note:

Number of i-mode subscribers as of June 30, 2006 = Cellular (FOMA) i-mode subscribers (25,511 thousand) + Cellular (mova) i-mode subscribers (21,312 thousand)

Number of i-mode subscribers as of March 31, 2006 = Cellular (FOMA) i-mode subscribers (22,914 thousand) + Cellular (mova) i-mode subscribers (23,446 thousand)


<Operating results>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006		(UNAUDITED) Three months ended June 30, 2005		Increase (Decrease)
Mobile phone business operating revenues	¥	1,202.5	¥	1,166.3	¥	36.2		3.1	%
Mobile phone business operating income		278.9		288.9		(10.0	)	(3.5	)

(2)

PHS business

Operating revenues were ¥7.1 billion and operating loss was ¥2.3 billion.

•

In January 2006, we decided to terminate our PHS services during the three months ending December 31, 2007. We are continuously engaged in the campaign for migration of current PHS subscribers to FOMA services.

•

PHS ARPU was ¥3,170.

Note:

See page 15 for the details of the ARPU calculation methods.


<Number of subscribers>	Thousand subscribers
	June 30, 2006			March 31, 2006			Increase (Decrease)
PHS services		679			771			(92	)	(11.9	)%

<Operating results>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2005			Increase (Decrease)
PHS business operating revenues	¥	7.1		¥	12.9		¥	(5.9	)	(45.4	)%
PHS business operating income (loss)		(2.3	)		(0.9	)		(1.4	)	(162.8	)

(3)

Miscellaneous businesses

Operating revenues were ¥9.0 billion and operating loss was ¥3.9 billion.

•

In order to further promote convenience of our “Osaifu-Keitai” handsets, we launched “DCMX” consumer credit services via the “iD” platform, which we established for mobile credit transactions. In April 2006, we first launched “DCMX mini”, which offers a monthly credit line of ¥10,000 with simple application procedures on i-mode. In May 2006, we launched “DCMX”, which allows users a higher credit line. With “DCMX” service, members can earn “DoCoMo points” based on their credit usage and apply for revolving or installment payment. The number of “DCMX” and “DCMX mini” members surpassed 300,000 as of June 30, 2006. We will continue to increase the number of shops and other sites equipped with “ID” compatible readers/writers.

•

In our public wireless LAN service, the number of our domestic hot spots increased to 1,284 as of June 30, 2006.

•

In April 2005, we decided to terminate Quickcast services on March 31, 2007.


<Operating results>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2005			Increase (Decrease)
Miscellaneous businesses operating revenues	¥	9.0		¥	7.9		¥	1.1		14.4	%
Miscellaneous businesses operating income (loss)		(3.9	)		(0.4	)		(3.5	)	(793.6	)

3.	Capital Expenditures

Total capital expenditures were ¥214.7 billion.

•

For reinforcement of our competitiveness prior to the introduction of the Mobile Number Portability, we expanded the coverage areas of FOMA services, improved network quality, and reinforced our FOMA network to meet the increase in traffic demand. We also continued our efforts to make capital expenditures more efficient and less costly by saving on equipment purchase costs and improving our design and construction process. Total capital expenditures during the three months ended June 30, 2006 increased by 1.9% compared to the same period of the prior year.


<Breakdown of capital expenditures>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006		(UNAUDITED) Three months ended June 30, 2005		Increase (Decrease)
Mobile phone business	¥	187.3	¥	185.5	¥	1.9		1.0	%
PHS business		0.2		0.2		(0.0	)	(7.0	)
Other (including information systems)		27.1		25.0		2.1		8.3
Total capital expenditures	¥	214.7	¥	210.7	¥	4.0		1.9	%

4.	Cash Flow Conditions

•

Net cash provided by operating activities was ¥98.4 billion (down 69.9% compared to the same period of the prior year). Net cash provided by operating activities decreased mainly owing to an increase in the payment of income taxes to ¥218.6 billion from ¥56.2 billion in the same period of the prior year, when deferred tax assets from the impairment of our investment in AT&T Wireless Services, Inc. were realized.

•

Net cash used in investing activities was ¥264.6 billion (up 87.4% compared to the same period of the prior year). Net cash used in investing activities increased mainly due to increases in acquisitions of property, plant and equipment and non-current investments, and decreases in inflow of cash from sales of non-current investments and net-inflow of cash from investments with original maturities of longer than 3 months for cash management purpose.

•

Net cash used in financing activities was ¥282.4 billion (up 314.7% compared to the same period of the prior year). Net cash used in financing activities increased mainly due to increases in repayments of outstanding debt, repurchasing of our own stock, and payment of dividend. We repurchased ¥50.0 billion of our own stock in the stock market during the three months ended June 30, 2006.

•

Free cash flows were negative ¥166.2 billion. Free cash flows excluding changes in investments for cash management purpose were negative ¥165.9 billion.


<Statements of cash flows>	Billions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2005			Increase (Decrease)
Net cash provided by operating activities	¥	98.4		¥	326.3		¥	(228.0	)	(69.9	)%
Net cash used in investing activities		(264.6	)		(141.2	)		(123.4	)	(87.4	)
Net cash used in financing activities		(282.4	)		(68.1	)		(214.3	)	(314.7	)
Free cash flows		(166.2	)		185.2			(351.4	)	—
Free cash flows excluding changes in investments for cash management purpose *		(165.9	)		135.2			(301.0	)	—

<Financial measures>	Three months ended June 30, 2006			Three months ended June 30, 2005			Increase (Decrease)
Equity ratio		67.5	%		64.9	%				2.6	points
Debt ratio		13.8			19.0					(5.2	)

Notes:

•

Free cash flows = Net cash provided by (used in) operating activities + Net cash provided by (used in) investing activities

•

Changes in investments for cash management purpose = Changes by purchase, redemption and disposal of financial instruments with original maturities of longer than 3 months for cash management purpose

•

Equity ratio = Shareholders’ equity / Total assets

•

Debt ratio = Interest bearing liabilities / (Shareholders’ equity + Interest bearing liabilities)

See the reconciliations to the most directly comparable financial measures calculated and presented in accordance with GAAP on page 16.

The names of companies, products and services shown in this Earnings Release are registered trade marks or trade marks of the respective related companies.


		July 28, 2006
Consolidated Financial Statements		[U.S. GAAP]
For the Three Months Ended June 30, 2006


Name of registrant:		NTT DoCoMo, Inc.
Code No.:		9437
Stock exchange on which the Company’s shares are listed:		Tokyo Stock Exchange-First Section
(URL http://www.nttdocomo.co.jp/)
Representative:		Masao Nakamura, Representative Director, President and Chief Executive Officer
Contact:		Masahiko Yamada, Senior Manager, General Affairs Department / TEL +81-3-5156-1111

1. Notes Related to the Preparation of the Consolidated Financial Statements


(1)	Adoption of simplified accounting methods: No
(2)	Difference in the method of accounting recognition from the most recent fiscal year: No
(3)	Change of reporting entities
	Number of consolidated companies added:	1	Number of consolidated companies removed: 0
	Number of companies on equity method added:	0	Number of companies on equity method removed: 0

2. Consolidated Financial Results for the Three Months Ended June 30, 2006 (April 1, 2006 - June 30, 2006)

(1)	Consolidated Results of Operations

Amounts are rounded off to the nearest 1 million yen.


	(Millions of yen, except per share amounts)
	Operating Revenues			Operating Income			Income before Income Taxes			Net Income
Three months ended June 30, 2006	1,218,560	2.7	%	272,727	(5.2	)%	274,383	(22.4	)%	163,512	(21.3	)%
Three months ended June 30, 2005	1,187,082	(2.8	)%	287,614	4.0	%	353,426	27.6	%	207,860	22.0	%

Year ended March 31, 2006	4,765,872			832,639			952,303			610,481



	Basic Earnings per Share		Diluted Earnings per Share
Three months ended June 30, 2006	3,684.23	(yen)	3,684.23	(yen)
Three months ended June 30, 2005	4,495.01	(yen)	4,495.01	(yen)

Year ended March 31, 2006	13,491.28	(yen)	13,491.28	(yen)

(2)	Consolidated Financial Position


	(Millions of yen, except per share amounts)
	Total Assets	Shareholders’ Equity	Equity Ratio (Ratio of Shareholders’ Equity to Total Assets)		Shareholders’ Equity per Share
June 30, 2006	6,022,271	4,065,546	67.5	%	91,999.59	(yen)
June 30, 2005	6,212,590	4,029,498	64.9	%	87,275.57	(yen)

March 31, 2006	6,365,257	4,052,017	63.7	%	91,109.33	(yen)

Note:

The number of shares outstanding as of June 30, 2006 and 2005, and March 31, 2006 were 44,190,915, 46,169,825 and 44,474,227, respectively.


(3) Consolidated Cash Flows	(Millions of yen)
	Cash Flows from Operating Activities	Cash Flows from Investing Activities		Cash Flows from Financing Activities		Cash and Cash Equivalents at End of Period
Three months ended June 30, 2006	98,381	(264,584	)	(282,441	)	391,992
Three months ended June 30, 2005	326,334	(141,159	)	(68,100	)	890,676

Year ended March 31, 2006	1,610,941	(951,077	)	(590,621	)	840,724

3. Consolidated Financial Results Forecasts for the Fiscal Year Ending March 31, 2007 (April 1, 2006 - March 31, 2007)

(Reference) Expected Earnings per Share: 10,972.65 yen

Notes:

1. There has been no change in our forecasts for the fiscal year ending March 31, 2007 since we announced the forecasts on April 28, 2006.

2. With regard to the above forecasts, please refer to page 17.

* Consolidated financial statements are unaudited.

<< Consolidated Financial Statements >>

1.	Consolidated Balance Sheets


	Millions of yen
	(UNAUDITED) June 30, 2006			(UNAUDITED) June 30, 2005			Increase (Decrease)					March 31, 2006
ASSETS
Current assets:
Cash and cash equivalents	¥	391,992		¥	890,676		¥	(498,684	)	(56.0	)%	¥	840,724
Short-term investments		151,747			150,017			1,730		1.2			51,237
Accounts receivable		612,228			613,723			(1,495	)	(0.2	)		609,837
Allowance for doubtful accounts		(14,258	)		(16,279	)		2,021		12.4			(14,740	)
Inventories		252,098			167,874			84,224		50.2			229,523
Deferred tax assets		95,773			97,641			(1,868	)	(1.9	)		111,795
Income taxes receivable		20,189			92,869			(72,680	)	(78.3	)		—
Prepaid expenses and other current assets		128,636			156,538			(27,902	)	(17.8	)		98,382

Total current assets		1,638,405			2,153,059			(514,654	)	(23.9	)		1,926,758

Property, plant and equipment:
Wireless telecommunications equipment		4,824,010			4,473,715			350,295		7.8			4,743,136
Buildings and structures		744,284			701,240			43,044		6.1			736,660
Tools, furniture and fixtures		616,688			592,854			23,834		4.0			610,759
Land		198,128			196,361			1,767		0.9			197,896
Construction in progress		174,381			167,804			6,577		3.9			134,240
Accumulated depreciation and amortization		(3,743,584	)		(3,410,284	)		(333,300	)	(9.8	)		(3,645,237	)

Total property, plant and equipment, net		2,813,907			2,721,690			92,217		3.4			2,777,454

Non-current investments and other assets:
Investments in affiliates		177,207			41,084			136,123		331.3			174,121
Marketable securities and other investments		300,150			226,082			74,068		32.8			357,824
Intangible assets, net		550,412			539,270			11,142		2.1			546,304
Goodwill		141,055			140,176			879		0.6			141,094
Other assets		214,129			217,218			(3,089	)	(1.4	)		264,982
Deferred tax assets		187,006			174,011			12,995		7.5			176,720

Total non-current investments and other assets		1,569,959			1,337,841			232,118		17.4			1,661,045

Total assets	¥	6,022,271		¥	6,212,590		¥	(190,319	)	(3.1	)%	¥	6,365,257

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	¥	149,607		¥	288,794		¥	(139,187	)	(48.2	)%	¥	193,723
Short-term borrowings		160			—			160		—			152
Accounts payable, trade		715,526			651,060			64,466		9.9			808,136
Accrued payroll		28,053			27,060			993		3.7			41,799
Accrued interest		1,044			1,637			(593	)	(36.2	)		1,264
Accrued income taxes		69,747			71,633			(1,886	)	(2.6	)		168,587
Other current liabilities		141,599			159,964			(18,365	)	(11.5	)		154,638

Total current liabilities		1,105,736			1,200,148			(94,412	)	(7.9	)		1,368,299

Long-term liabilities:
Long-term debt (exclusive of current portion)		500,300			657,978			(157,678	)	(24.0	)		598,530
Liability for employees’ retirement benefits		137,344			140,911			(3,567	)	(2.5	)		135,511
Other long-term liabilities		212,218			183,111			29,107		15.9			209,780

Total long-term liabilities		849,862			982,000			(132,138	)	(13.5	)		943,821

Total liabilities		1,955,598			2,182,148			(226,550	)	(10.4	)		2,312,120

Minority interests in consolidated subsidiaries		1,127			944			183		19.4			1,120

Shareholders’ equity:
Common stock		949,680			949,680			—		—			949,680
Additional paid-in capital		1,311,013			1,311,013			—		—			1,311,013
Retained earnings		2,287,302			2,261,994			25,308		1.1			2,212,739
Accumulated other comprehensive income		15,745			34,504			(18,759	)	(54.4	)		26,781
Treasury stock, at cost		(498,194	)		(527,693	)		29,499		5.6			(448,196	)

Total shareholders’ equity		4,065,546			4,029,498			36,048		0.9			4,052,017

Total liabilities and shareholders’ equity	¥	6,022,271		¥	6,212,590		¥	(190,319	)	(3.1	)%	¥	6,365,257

2.	Consolidated Statements of Income and Comprehensive Income


	Millions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2005			Increase (Decrease)					Year ended March 31, 2006
Operating revenues:
Wireless services	¥	1,094,933		¥	1,059,768		¥	35,165		3.3	%	¥	4,295,856
Equipment sales		123,627			127,314			(3,687	)	(2.9	)		470,016
Total operating revenues		1,218,560			1,187,082			31,478		2.7			4,765,872

Operating expenses:
Cost of services (exclusive of items shown separately below)		170,022			166,179			3,843		2.3			746,099
Cost of equipment sold (exclusive of items shown separately below)		300,667			264,471			36,196		13.7			1,113,464
Depreciation and amortization		169,288			165,484			3,804		2.3			738,137
Selling, general and administrative		305,856			303,334			2,522		0.8			1,335,533
Total operating expenses		945,833			899,468			46,365		5.2			3,933,233

Operating income		272,727			287,614			(14,887	)	(5.2	)		832,639

Other income (expense):
Interest expense		(1,438	)		(2,203	)		765		34.7			(8,420	)
Interest income		267			2,339			(2,072	)	(88.6	)		4,659
Gain on sale of affiliate shares		—			61,962			(61,962	)	(100.0	)		61,962
Gain on sale of other investments		3			—			3		—			40,088
Other, net		2,824			3,714			(890	)	(24.0	)		21,375
Total other income (expense)		1,656			65,812			(64,156	)	(97.5	)		119,664

Income before income taxes		274,383			353,426			(79,043	)	(22.4	)		952,303

Income taxes		110,736			144,820			(34,084	)	(23.5	)		341,382
Equity in net income (losses) of affiliates		(126	)		(754	)		628		83.3			(364	)
Minority interests in consolidated subsidiaries		(9	)		8			(17	)	—			(76	)

Net income	¥	163,512		¥	207,860		¥	(44,348	)	(21.3	)%	¥	610,481

Other comprehensive income (loss):
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes		(10,852	)		(2,312	)		(8,540	)	(369.4	)		7,662
Net revaluation of financial instruments, net of applicable taxes		(98	)		192			(290	)	—			121
Foreign currency translation adjustment, net of applicable taxes		(205	)		(21,055	)		20,850		99.0			(42,597	)
Minimum pension liability adjustment, net of applicable taxes		119			70			49		70.0			3,986

Comprehensive income	¥	152,476		¥	184,755		¥	(32,279	)	(17.5	)%	¥	579,653

PER SHARE DATA
Weighted average common shares outstanding – basic and diluted (shares)		44,381,601			46,242,384			(1,860,783	)	(4.0	)		45,250,031

Basic and diluted earnings per share (Yen)	¥	3,684.23		¥	4,495.01		¥	(810.78	)	(18.0	%)	¥	13,491.28

3.	Consolidated Statements of Shareholders’ Equity


	Millions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2005			Increase (Decrease)					Year ended March 31, 2006
Common stock:
At beginning of period	¥	949,680		¥	949,680		¥	—		—	%	¥	949,680

At end of period		949,680			949,680			—		—			949,680

Additional paid-in capital:
At beginning of period		1,311,013			1,311,013			—		—			1,311,013

At end of period		1,311,013			1,311,013			—		—			1,311,013

Retained earnings:
At beginning of period		2,212,739			2,100,407			112,332		5.3			2,100,407
Cash dividends		(88,949	)		(46,273	)		(42,676	)	(92.2	)		(135,490	)
Retirement of treasury stock		—			—			—		—			(362,659	)
Net income		163,512			207,860			(44,348	)	(21.3	)		610,481

At end of period		2,287,302			2,261,994			25,308		1.1			2,212,739

Accumulated other comprehensive income:
At beginning of period		26,781			57,609			(30,828	)	(53.5	)		57,609
Unrealized holding gains (losses) on available-for-sale securities		(10,852	)		(2,312	)		(8,540	)	(369.4	)		7,662
Net revaluation of financial instruments		(98	)		192			(290	)	—			121
Foreign currency translation adjustment		(205	)		(21,055	)		20,850		99.0			(42,597	)
Minimum pension liability adjustment		119			70			49		70.0			3,986

At end of period		15,745			34,504			(18,759	)	(54.4	)		26,781

Treasury stock, at cost:
At beginning of period		(448,196	)		(510,777	)		62,581		12.3			(510,777	)
Purchase of treasury stock		(49,998	)		(16,916	)		(33,082	)	(195.6	)		(300,078	)
Retirement of treasury stock		—			—			—		—			362,659

At end of period		(498,194	)		(527,693	)		29,499		5.6			(448,196	)

Total shareholders’ equity	¥	4,065,546		¥	4,029,498		¥	36,048		0.9	%	¥	4,052,017

4.	Consolidated Statements of Cash Flows


	Millions of yen
	(UNAUDITED) Three months ended June 30, 2006			(UNAUDITED) Three months ended June 30, 2005			Year ended March 31, 2006
I Cash flows from operating activities:
1. Net income	¥	163,512		¥	207,860		¥	610,481
2. Adjustments to reconcile net income to net cash provided by operating activities—
(1) Depreciation and amortization		169,288			165,484			738,137
(2) Deferred taxes		12,253			73,707			49,101
(3) Loss on sale or disposal of property, plant and equipment		2,981			1,868			36,000
(4) Gain on sale of affiliate shares		—			(61,962	)		(61,962	)
(5) Gain on sale of other investments		(3	)		—			(40,088	)
(6) Expense associated with sale of other investments		—			—			14,062
(7) Equity in net losses (income) of affiliates		(189	)		810			(1,289	)
(8) Minority interests in consolidated subsidiaries		9			(8	)		76
(9) Changes in assets and liabilities:
(Increase) decrease in accounts receivable, trade		(2,391	)		16,150			21,345
Decrease in allowance for doubtful accounts		(482	)		(1,197	)		(3,623	)
Increase in inventories		(22,575	)		(11,448	)		(73,094	)
(Increase) decrease in income taxes receivable		(20,189	)		—			92,869
(Increase) decrease in prepaid expenses and other current assets		(30,242	)		(42,125	)		16,323
(Decrease) increase in accounts payable, trade		(58,341	)		(53,023	)		45,108
(Decrease) increase in accrued income taxes		(98,840	)		14,190			111,141
(Decrease) increase in other current liabilities		(13,039	)		23,076			17,641
Increase (decrease) in liability for employees’ retirement benefits		1,833			2,237			(3,378	)
Increase in other long-term liabilities		4,419			682			24,725
Other, net		(9,623	)		(9,967	)		17,366

Net cash provided by operating activities		98,381			326,334			1,610,941

II Cash flows from investing activities:
1. Purchases of property, plant and equipment		(185,941	)		(166,682	)		(638,590	)
2. Purchases of intangible and other assets		(63,391	)		(49,133	)		(195,277	)
3. Purchases of non-current investments		(15,017	)		(41	)		(292,556	)
4. Proceeds from sale of non-current investments		36			23,870			25,142
5. Purchases of short-term investments		(762	)		—			(252,474	)
6. Redemption of short-term investments		411			100,000			501,433
7. Collection of loan advances		—			228			229
8. Long-term bailment for consumption to a related party		—			(50,000	)		(100,000	)
9. Other, net		80			599			1,016

Net cash used in investing activities		(264,584	)		(141,159	)		(951,077	)

III Cash flows from financing activities:
1. Repayment of long-term debt		(142,316	)		(3,826	)		(150,304	)
2. Proceeds from short-term borrowings		160			19,500			27,002
3. Repayment of short-term borrowings		(152	)		(19,500	)		(27,010	)
4. Principal payments under capital lease obligations		(1,185	)		(1,084	)		(4,740	)
5. Payments to acquire treasury stock		(49,998	)		(16,916	)		(300,078	)
6. Dividends paid		(88,949	)		(46,273	)		(135,490	)
7. Other, net		(1	)		(1	)		(1	)

Net cash used in financing activities		(282,441	)		(68,100	)		(590,621	)

IV Effect of exchange rate changes on cash and cash equivalents		(88	)		3,649			1,529

V Net increase (decrease) in cash and cash equivalents		(448,732	)		120,724			70,772
VI Cash and cash equivalents at beginning of period		840,724			769,952			769,952

VII Cash and cash equivalents at end of period	¥	391,992		¥	890,676		¥	840,724

Supplemental disclosures of cash flow information:
Cash received during the year for
Income taxes	¥	5		¥	1		¥	93,103
Cash paid during the period for:
Interest		1,659			2,076			8,666
Income taxes		218,557			56,223			182,914
Non-cash investing and financing activities:
Retirement of treasury stock		—			—			362,659

Notes to Unaudited Consolidated Financial Statements

The accompanying unaudited consolidated financial statements of NTT DoCoMo, Inc. and its subsidiaries (collectively “DoCoMo”) has been prepared in accordance with accounting principles generally accepted in the United States of America.

The followings are explanations regarding the adoption of new accounting standards in the three months ended June 30, 2006 and the summary of revenue recognition.

1.	Adoption of new accounting standards

Inventory Pricing

Effective April 1, 2006, DoCoMo adopted Statement of Financial Accounting Standards (“SFAS”) No. 151, “Inventory Costs -an amendment of Accounting Research Bulletin (“ARB”) No. 43, Chapter 4” issued by the Financial Accounting Standards Board (“FASB”). SFAS No. 151 amends the guidance in ARB No. 43, Chapter 4, “Inventory Pricing”, to clarify the accounting for abnormal amounts of idle facility expense, freight, handling costs, and wasted material (spoilage). ARB No. 43, Chapter 4 previously stated that such costs might be so abnormal as to require treatment as current period charges. SFAS No. 151 requires that those items be recognized as current-period charges regardless of whether they meet the criterion of “so abnormal”. In addition, SFAS No. 151 requires that allocation of fixed production overheads to the costs of conversion be based on the normal capacity of the production facilities. The adoption of SFAS No. 151 did not have any impact on DoCoMo’s results of operations and financial position.

Exchanges of Non-monetary Assets

Effective April 1, 2006, DoCoMo adopted SFAS No. 153, “Exchanges of Non-monetary Assets -an amendment of Accounting Principles Board (“APB”) Opinion No. 29” issued by the FASB. The amendment eliminates the exception for non-monetary exchanges of similar productive assets and replaces it with a general exception for exchanges of non-monetary assets that do not have commercial substance. The adoption of SFAS No. 153 did not have any impact on DoCoMo’s results of operations and financial position.

Accounting Changes and Error Corrections

Effective April 1, 2006, DoCoMo adopted SFAS No. 154, “Accounting Changes and Error Corrections -a replacement of APB Opinion No. 20 and the FASB statement No. 3” issued by the FASB. SFAS No. 154 replaces APB Opinion No. 20 (“APB No. 20”), “Accounting Changes”, and SFAS No. 3, “Reporting Accounting Changes in Interim Financial Statements”, and changes the requirements for the accounting for and reporting of a change in accounting principle. APB No. 20 previously required that most voluntary changes in accounting principle be recognized by including in net income of the period of the change the cumulative effect of changing to the new accounting principle. SFAS No. 154 requires retrospective application to prior periods’ financial statements of changes in accounting principle. The adoption of SFAS No. 154 did not have any impact on DoCoMo’s results of operations and financial position. DoCoMo will continue to apply the requirements of SFAS No. 154 to any future accounting changes and error corrections.

2.	Summary of revenue recognition

Base monthly service charges and airtime charges are recognized as revenues as service is provided to the subscribers. DoCoMo’s monthly rate plans for cellular (FOMA and mova) services generally include a certain amount of allowances (free minutes and/or packets), and the used amount of the allowances is subtracted from total usage in calculating the airtime revenue from a subscriber for the month. Prior to November 2003, the total amount of the base monthly charges was recognized as revenues in the month they were charged as the subscribers could not carry over the unused allowances to the following months. In November 2003, DoCoMo introduced a billing arrangement, called “Nikagetsu Kurikoshi” (two-month carry over), in which the unused allowances are automatically carried over up to the following two months. In addition, DoCoMo introduced an arrangement which enables the unused allowances offered in and after December 2004 that have been carried over for two months to be automatically used to cover the airtime and/or packet fees exceeding the allowances of the other lines in the “Family Discount” group, a discount billing arrangement for families with between two and ten DoCoMo subscriptions. Until the year ended March 31, 2006, DoCoMo had deferred revenues based on the portion of all unused allowances at the end of the period. The deferred revenues are recognized as revenues as the subscribers make calls or data communications, similar to the way airtime revenues are recognized, or as the allowance expires. As DoCoMo developed sufficient empirical evidence to reasonably estimate the portion of allowance that will be forfeited as unused, DoCoMo started to recognize the revenue attributable to such forfeited allowances ratably as the remaining allowances are utilized, effective April 1, 2006. The effect of this accounting change was not material for DoCoMo’s results of operations and financial position.

Certain commissions paid to purchasers (primarily agent resellers) are recognized as a reduction of revenue upon delivery of the equipment to the purchasers (primarily agent resellers) in accordance with Emerging Issues Task Force Issue No. 01-09, “Accounting for Consideration Given by a Vendor to a Customer (Including a Reseller of the Vendor’s Products)”.

Non-recurring upfront fees such as activation fees are deferred and recognized as revenues over the estimated average period of the customer relationship for each service. The related direct costs are deferred only to the extent of the upfront fee amount and are amortized over the same period.

(APPENDIX 1)

Operation Data for 1st Quarter of FY2006


		Full-year forecasts: As announced at Apr. 28,
		[Ref.] Fiscal 2005 (Ended Mar. 31, 2006) Full-year results	[Ref.] First Quarter (Apr.-Jun. 2005) Results	Fiscal 2006 First Quarter (Apr.-Jun. 2006) Results	[Ref.] Fiscal 2006 (Ending Mar. 31, 2007) Full-year forecasts
*Cellular*

Subscribers	thousands	51,144	49,430	51,672	52,900
FOMA	thousands	23,463	13,710	26,217	35,000
mova	thousands	27,680	35,719	25,456	17,900
Market share ^(1) (2)	%	55.7	56.1	55.6	—
Net increase from previous period ⁽²⁾	thousands	2,319	605	529	1,756
FOMA ⁽²⁾	thousands	11,963	2,210	2,753	11,537
mova ⁽²⁾	thousands	-9,644	-1,605	-2,225	-9,780
Aggregate ARPU (FOMA+mova) ⁽³⁾	yen/month/contract	6,910	6,940	6,900	6,690
Voice ARPU ⁽⁴⁾	yen/month/contract	5,030	5,120	4,930	4,760
Packet ARPU	yen/month/contract	1,880	1,820	1,970	1,930
i-mode ARPU	yen/month/contract	1,870	1,810	1,950	1,910
ARPU generated purely from i-mode (FOMA+mova) ⁽³⁾	yen/month/contract	2,040	1,990	2,120	2,070
Aggregate ARPU (FOMA) ⁽³⁾	yen/month/contract	8,700	9,090	8,300	7,790
Voice ARPU ⁽⁴⁾	yen/month/contract	5,680	5,990	5,420	5,090
Packet ARPU	yen/month/contract	3,020	3,100	2,880	2,700
i-mode ARPU	yen/month/contract	2,980	3,070	2,840	2,660
ARPU generated purely from i-mode (FOMA) ⁽³⁾	yen/month/contract	3,040	3,110	2,910	2,740
Aggregate ARPU (mova) ⁽³⁾	yen/month/contract	5,970	6,190	5,540	5,240
Voice ARPU ⁽⁴⁾	yen/month/contract	4,680	4,820	4,460	4,320
i-mode ARPU	yen/month/contract	1,290	1,370	1,080	920
ARPU generated purely from i-mode (mova) ⁽³⁾	yen/month/contract	1,460	1,550	1,260	1,080
MOU (FOMA+mova) ^(3) (5)	minute/month/contract	149	149	145	—
MOU (FOMA) ^(3) (5)	minute/month/contract	202	214	181	—
MOU (mova) ^(3) (5)	minute/month/contract	122	126	110	—
Churn Rate ⁽²⁾	%	0.77	0.80	0.64	—
*i-mode*
Subscribers	thousands	46,360	44,659	46,823	47,900
FOMA	thousands	22,914	13,514	25,511	—
i-appli^TMcompatible ⁽⁶⁾	thousands	36,058	31,330	37,314	—
i-mode Subscription Rate ⁽²⁾	%	90.6	90.3	90.6	90.5
Net increase from previous period	thousands	2,339	638	463	1,540
i-Menu Sites (FOMA)⁽⁷⁾	sites	6,028	5,082	6,590	—
i-Menu Sites (mova)⁽⁷⁾	sites	5,043	4,681	5,158	—
Access Percentage by Content Category
Ringing tone/Screen	%	21	24	16	—
Game/Horoscope	%	24	22	24	—
Entertainment Information	%	27	27	32	—
Information	%	12	12	10	—
Database	%	5	5	6	—
Transaction	%	11	10	12	—
Percentage of Packets Transmitted
Web	%	96	96	97	—
Mail	%	4	4	3	—
*PHS*
Subscribers	thousands	771	1,150	679	320
Market Share ⁽¹⁾	%	16.4	25.7	14.2	—
Net increase from previous period	thousands	-543	-164	-92	-451
ARPU ⁽⁴⁾	yen/month/contract	3,280	3,320	3,170	—
MOU ^(5) (8)	minute/month/contract	72	74	62	—
Data transmission rate (time) ⁽⁸⁾⁽⁹⁾	%	76.2	75.8	76.7	—
Churn Rate	%	4.64	4.83	4.28	—
*Others*
Prepaid Subscribers ⁽¹⁰⁾	thousands	53	68	49	—
Communication Module Service Subscribers ⁽¹⁰⁾	thousands	665	582	733	990
FOMA Ubiquitous plan ⁽¹¹⁾	thousands	1	—	40	—
DoPa Single Service ⁽¹²⁾	thousands	665	582	693	—

*	International service-related revenues, which had not been included in previous reports, have been included in the ARPU data calculation from the fiscal year ended Mar. 31, 2006, due to its growing contribution to total revenues.

[Notes associated with the above-mentioned change]

•

International service-related ARPU included in the ARPU results for FY2005 and forecasts for FY2006, are as below:


	FY2005 (Ended Mar. 31, 2006) Full-year results	First Quarter (Apr.-Jun. 2005) Results	FY2006 First Quarter (Apr.-Jun. 2006) Results	FY2006 (Ending Mar. 31, 2007) Full-year forecasts
Aggregate ARPU (FOMA+mova)	40 yen	30 yen	50 yen	60 yen
Aggregate ARPU (FOMA)	70 yen	60 yen	70 yen	80 yen
Aggregate ARPU (mova)	30 yen	20 yen	20 yen	40 yen

*	Please refer to the attached sheet (P.15) for an explanation of the methods used to calculate ARPU, and the number of active subscribers used in calculating ARPU, MOU and Churn Rate.

(1)	Source for other cellular telecommunications operators: Data announced by Telecommunications Carriers Association

(2)	Data are calculated including Communication Module Service subscribers.

(3)	Data are calculated excluding Communication Module Services-related revenues and Communication Module Services subscribers.

(4)	Inclusive of circuit-switched data communications

(5)	MOU (Minutes of Usage): Average communication time per one month per one user

(6)	Sum of FOMA handsets and mova handsets

(7)	The number of i-menu Sites charged per view are added to the existing number of i-menu Sites charged with fixed monthly fee.

(8)	Not inclusive of data communication time via @FreeD service

(9)	Percentage of data traffic to total outbound call time

(10)	Included in total cellular subscribers

(11)	Included in FOMA subscribers

(12)	Included in mova subscribers

(APPENDIX 2)

ARPU Calculation Methods

1. ARPU (Average monthly revenue per unit)^*1

ARPU (FOMA + mova)

Aggregate ARPU (FOMA+mova)=Voice ARPU (FOMA+mova) + Packet ARPU (FOMA+mova)

Voice ARPU (FOMA+mova) : Voice ARPU (FOMA+mova) Related Revenues (monthly charges, voice transmission charges) / No. of active cellular phone subscribers (FOMA+mova)

Packet ARPU (FOMA+mova) : {Packet ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges)+ i-mode ARPU (mova) Related Revenues (monthly charges, packet transmission charges)}/ No. of active cellular phone subscribers (FOMA+mova)

i-mode ARPU (FOMA+mova) ^*2 : i-mode ARPU (FOMA+mova) Related Revenues (monthly charges, packet transmission charges) / No. of active cellular phone subscribers (FOMA+mova)

ARPU generated purely from i-mode (FOMA+mova) ^*3 : i-mode ARPU (FOMA+mova) Related Revenues (monthly charges, packet transmission charges) / No. of active i-mode subscribers (FOMA+mova)

ii)

ARPU (FOMA)

Aggregate ARPU (FOMA)=Voice ARPU (FOMA) + Packet ARPU (FOMA)

Voice ARPU (FOMA) : Voice ARPU (FOMA) Related Revenues (monthly charges, voice transmission charges) / No. of active cellular phone subscribers (FOMA)

Packet ARPU (FOMA) : Packet ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges) / No. of active cellular phone subscribers (FOMA)

i-mode ARPU^*2 (FOMA) : i-mode ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges) / No. of active cellular phone subscribers (FOMA)

ARPU generated purely from i-mode (FOMA) ^*3 : i-mode ARPU (FOMA) Related Revenues (monthly charges, packet transmission charges) / No. of active i-mode subscribers (FOMA)

iii)

ARPU (mova)

Aggregate ARPU (mova)=Voice ARPU (mova) + i-mode ARPU (mova)

Voice ARPU (mova) : Voice ARPU (mova) Related Revenues (monthly charges, voice transmission charges) / No. of active cellular phone subscribers (mova)

i-mode ARPU (mova) ^*2 : i-mode ARPU (mova) Related Revenues (monthly charges, packet transmission charges) / No. of active cellular phone subscribers (mova)

ARPU generated purely from i-mode (mova) ^*3 : i-mode ARPU (mova) Related Revenues (monthly charges, packet transmission charges) / No. of active i-mode subscribers (mova)

iv)

ARPU (PHS)

ARPU (PHS) : ARPU (PHS) Related Revenues (monthly charges, voice transmission charges) / No. of active PHS subscribers

2. Active Subscribers Calculation Methods

No.

of active subscribers used in ARPU/MOU/Churn Rate calculations are sum of No. of active subscribers ^*4 for each month.

Communication Module service subscribers and the revenues thereof are not included in the ARPU and MOU

calculations.

The denominator used in calculating i-mode ARPU (FOMA+mova, FOMA, mova) is the aggregate number of cellular subscribers to each service (FOMA+mova, FOMA, mova, respectively), regardless of whether i-mode

service is activated or not.

ARPU generated purely from i-mode (FOMA+mova, FOMA, mova) is calculated using only the number of active

i-mode subscribers as a denominator.

active subscribers = (No. of subscribers at the end of previous month + No. of subscribers at the end of current month) / 2

(APPENDIX 3)

Reconciliations of the Disclosed Non-GAAP Financial Measures to

the Most Directly Comparable GAAP Financial Measures

1. EBITDA and EBITDA margin


	Billions of yen
	Three months ended June 30, 2006			Three months ended June 30, 2005
a. EBITDA	¥	445.0		¥	455.0

Depreciation and amortization		(169.3	)		(165.5	)
Losses on sale or disposal of property, plant and equipment		(3.0	)		(1.9	)

Operating income		272.7			287.6

Other income (expense)		1.7			65.8
Income taxes		(110.7	)		(144.8	)
Equity in net income (losses) of affiliates		(0.1	)		(0.8	)
Minority interests in consolidated subsidiaries		(0.0	)		0.0

b. Net income		163.5			207.9

c. Total operating revenues		1,218.6			1,187.1

EBITDA margin (=a/c)		36.5	%		38.3	%
Net income margin (=b/c)		13.4	%		17.5	%


Note: EBITDA and EBITDA margin, as we use them, are different from EBITDA as used in Item 10(e) of regulation S-K and may not be comparable to similarly titled measures used by other companies.

2. Free cash flows excluding changes in investments for cash management purpose

	Billions of yen
	Three months ended June 30, 2006			Three months ended June 30, 2005
Free cash flows excluding changes in investments for cash management purpose	¥	(165.9	)	¥	135.2

Changes in investments for cash management purpose		(0.4	)		50.0

Free cash flows		(166.2	)		185.2

Net cash used in investing activities		(264.6	)		(141.2	)
Net cash provided by operating activities		98.4			326.3

Note:

Changes in investments for cash management purpose were derived from purchases, redemption at maturity and disposals of financial instruments held for cash management purpose with original maturities of longer than three months.

Special Note Regarding Forward-Looking Statements

This Earnings Release contains forward-looking statements such as forecasts of results of operations, management strategies, objectives and plans, forecasts of operational data such as expected number of subscribers, and expected dividend payments. All forward-looking statements that are not historical facts are based on management’s current plans, expectations, assumptions and estimates based on the information currently available. Some of the projected numbers in this report were derived using certain assumptions that are indispensable for making such projections in addition to historical facts. These forward-looking statements are subject to various known and unknown risks, uncertainties and other factors that could cause our actual results to differ materially from those contained in or suggested by any forward-looking statement. Potential risks and uncertainties include, without limitation, the following:

•

As competition in the market is expected to become more fierce due to changes in the business environment caused by the introduction of Mobile Number Portability and new market entrants, competition from other cellular service providers or other technologies could limit our acquisition of new subscribers, retention of existing subscribers and average revenue per unit (ARPU), or may lead to an increase in our costs and expenses.

•

The new services and usage patterns introduced by our corporate group may not develop as planned, which could limit our growth.

•

The introduction or change of various laws or regulations or the application of such laws and regulations to our corporate group may adversely affect our financial condition and results of operations.

•

Limitations in the amount of frequency spectrum or facilities made available to us could negatively affect our ability to maintain and improve our service quality and level of customer satisfaction.

•

The W-CDMA technology that we use for our 3G system and/or mobile multimedia services may not be introduced by other overseas operators, which could limit our ability to offer international services to our subscribers.

•

Our domestic and international investments, alliances and collaborations may not produce the returns or provide the opportunities we expect.

•

As electronic payment capability and many other new features are built into our cellular phones, and services of parties other than those belonging to our corporate group are provided through our cellular handsets, potential problems resulting from malfunctions, defects, or missing of handsets or imperfection of services provided by such other parties may arise, which could have an adverse effect on our financial condition and results of operations.

•

Social problems that could be caused by misuse or misunderstanding of our products and services may adversely affect our credibility or corporate image.

•

Inadequate handling of subscriber information by our corporate group or contractors may adversely affect our credibility or corporate image.

•

Owners of intellectual property rights that are essential for our business execution may not grant us the right to license or otherwise use such intellectual property rights on acceptable terms or at all, which may limit our ability to offer certain technologies, products and/or services, and we may also be held liable for damage compensation if we infringe the intellectual property rights of others.

•

Earthquakes, power shortages, malfunctioning of equipment, and software bugs, computer viruses, cyber attacks, hacking, unauthorized access and other problems could cause systems failures in the networks required for the provision of service, disrupting our ability to offer services to our subscribers and may adversely affect our credibility or corporate image.

•

Concerns about wireless telecommunications health risks may adversely affect our financial condition and results of operations.

•

Our parent company, Nippon Telegraph and Telephone Corporation (NTT), could exercise influence that may not be in the interests of our other shareholders.

NTT DoCoMo, Inc.

RESULTS FOR THE FIRST QUARTER

OF THE FISCAL YEAR ENDING Mar. 31, 2007

JULY 28, 2006

SLIDE No.

Results For 1Q of 2006

/27

Forward-Looking Statements

The

forecasts

presented

herein

are

forward-looking

statements

within

the

meaning

Section

27A

the

U.S.

Securities

Act

1933 and

Section 21E of the U.S. Securities Act of 1934. Statements made

in this presentation with respect to DoCoMo’s plans, objectives, projected

financials, operational figures, beliefs and other statements that are not historical fasts are forward-looking statements about the future

performance of DoCoMo which are based on management’s expectations, assumptions, estimates, projections and beliefs in light of information

currently available to it. These forward-looking statements, such as statements regarding the introduction of new products and services or

termination or suspension of existing services, financial and operational forecasts, dividend payments, the growth of the Japanese cellular

market and the ubiquitous services market, the growth of data usage, the growth of DoCoMo’s cellular phone business, the migration of users

to DoCoMo’s 3G services and associated improvements in 3G services, improvements in 3G and 2G coverage area, the potential growth in the

Japanese credit card business and DoCoMo’s credit business, and managements goals are subject to various risks and uncertainties that could

cause actual results to be materially different from and worse than as described in the forward-looking statements. Potential risks and

uncertainties

include,

without

limitation,

competition

the

market

expected

become

fierce

due

changes

the business

environment caused by the introduction of mobile number portability and new market entrants, competition from other cellular service providers

or other technologies could limit our acquisition of new subscribers, retention of existing subscribers and average revenue per unit (ARPU),

or may lead to an increase in our costs and expenses; the new services and usage patterns introduced by our corporate group may not develop

as planned, which could limit our growth; the introduction or change of various laws or regulations or the application of such laws and

regulations to our corporate group may adversely affect our financial condition and results of operations; limitations in the amount of frequency

spectrum or facilities made available to us could negatively affect our ability to maintain and improve our service quality and level of customer

satisfaction; the W-CDMA technology that we use for our 3G system and/or mobile multimedia services may not be introduced by other

overseas operators, which could limit our ability to offer international services to our subscribers; our domestic and international investments,

alliances and collaborations may not produce the returns or provide the opportunities we expect; as electronic payment capability and many

other

new

features

are

built

into

our

cellular

phones,

and

services

parties

other

than

those

belonging

our

corporate

group

are provided

through

our

cellular

handsets,

potential

problems

resulting

from

malfunctions,

defects,

missing

handsets

imperfection

of services

provided by such other parties may arise, which could have an adverse effect on our financial condition and results of operations; social

problems

that

could

caused

misuse

misunderstanding

our

products

and

services

may

adversely

affect

our

credibility

or corporate

image; inadequate handling of subscriber information by our corporate group or contractors may adversely affect our credibility or corporate

image; owners of intellectual property rights that are essential

for our business execution may not grant us the right to license or otherwise use

such intellectual property rights on acceptable terms or at all,

which may limit our ability to offer certain technologies, products and/or services,

and we may also be held liable for damage compensation if we infringe the intellectual property rights of others; earthquakes, power shortages,

malfunctioning

equipment,

and

software

bugs,

computer

viruses,

cyber

attacks,

hacking,

unauthorized

access

and

other

problems

could cause

system failures in the networks required for the provision of service, disrupting our ability to offer services to our subscribers and may adversely

affect our credibility or corporate image; concerns about wireless telecommunications health risks may adversely affect our financial condition

and results of operations; our parent, NTT, could exercise influence that may not be in the interests of our other shareholders.

Further

information

about

the

factors

that

could

affect

the

company’s

results

included

“Item

3.D:

Risk

Factors”

its

annual

report on

Form

20-F

filed

with

the

U.S.

Securities

and

Exchange

Commission

June

27,

2005,

which

available

the

investor

relations

section of

the company’s web page at www.nttdocomo.com and also at the SEC’s web site at www.sec.gov.

FY2006 First Quarter Results Highlights

SLIDE No.

Results For 1Q of 2006

/27

Consolidated financial statements in this document are unaudited.

Adjusted

free

cash

flows

exclude

the

effects

irregular

factors

and

changes

investments

for

cash

management

purposes.

Irregular

Factors

represent

the

effects

uncollected

revenues

due

bank

holidays

the

end

the

fiscal

year.

Changes

investment

for

cash

management

purposes

were

derived

from

purchases,

redemption

maturity

and

disposals

financial

instruments

held

for

cash

management

purposes

with

original

maturities

longer

than

three

months.

[

For

explanation

the

calculation

process

these

numbers,

see

the

reconciliations

the

most

directly

comparable

financial

measures

calculated

and

presented

accordance

with

GAAP

Slide

and

the

page

our

web

site,

www.nttdocomo.co.jp.

FY2006 1Q Financial Results Highlights

US GAAP

—

-1.8

points

-2.2

-21.3

-22.4

-5.2

+3.5

+2.7

Changes

(1) Õ (2)

—

33.1

36.5

38.3

EBITDA

Margin

(%)

—

280.0

-165.9

135.2

Adjusted Free Cash Flows

(Billions of Yen)

25.5

4,176.0

1,065.4

1,029.0

Cellular Services Revenues

(Billions of Yen)

Progress to

Forecast

(2) /(3)

2007/3

Full-Year

Forecast (3)

2006/4-6

(1Q) (2)

2005/4-6

(1Q) (1)

1,601.0

488.0

815.0

810.0

4,838.0

33.7

274.4

353.4

Income Before Income Taxes

(Billions of Yen)

33.7

272.7

287.6

Operating Income

(Billions of Yen)

25.2

1,218.6

1,187.1

Operating Revenues

(Billions of Yen)

27.8

445.0

455.0

EBITDA

(Billions of Yen)

33.5

163.5

207.9

1Q/Full-year Net Income

(Billions of Yen)

SLIDE No.

Results For 1Q of 2006

/27

FY2006 1Q Results Highlights

Operating Income: Down

14.9

billion year-on-year

•

Progress

FY2006

full-year

forecast:33.7%

Operating Revenues: Up 31.5

billion year-on-year

•

Cellular

services

revenues

grew

36.4

billion

yen

year-on-year.

(Inclusive

the

impact

including

revenues

the

portion

“Nikagetsu

Kurikoshi”

(2-month carry over) allowances that are projected to expire)

Operating Expenses: Up 46.4

billion year-on-year

•

Equipment sales-related expenses increased 28.4 billion yen, due to growth

in no. of handsets sold and percentage of FOMA handsets to total sales.

Capital Expenditures: 215

billion yen

•

Progress to FY2006 full-year forecast: 23.7%

w Equipment sales-related expenses = Cost of equipment + Distributor commissions

Capital Expenditures

Operating Revenues/Income/Expenses

SLIDE No.

Results For 1Q of 2006

/27

0.6

0.7

0.8

0.9

1.0

1.1

1.2

1.3

1.4

(1Q)

(2Q)

(3Q)

(4Q)

(1Q)

(2Q)

(3Q)

(4Q)

(1Q)

(2Q)

(3Q)

(4Q)

(1Q)

FY2003

FY2004

FY2005

FY2006

Successfully

maintained

low

churn

rate

0.64%

FY2006/1Q

Inclusive

Communication

Module

Service

subscribers

(%)

Full year churn rate: 1.01%

Full year churn rate: 1.21%

Full year churn rate: 0.77%

-0.16

points

0.80%

0.64%

Successful

Reduction

Churn

Rate

SLIDE No.

Results For 1Q of 2006

/27

-30

-20

-10

04/4

05/4

06/4

FY2004

FY2005

FY2006

Monthly Market Share of Net Additions

(%)

Source of data used in calculation: Telecommunications Carriers

Association (TCA)

DoCoMo

was

No.1

in market share of net additions in FY2006/1Q,

acquiring

49.1%

of total.

Vodafone

KDDI(au+TU-KA)

SLIDE No.

Results For 1Q of 2006

/27

1,000

2,000

3,000

4,000

5,000

6,000

04/6

04/9

04/12

05/3

05/6

05/9

05/12

06/3

06/06

07/3 (Forecast)

Subscriber Migration to FOMA

(10,000 subscribers)

5,167

5,290

u Inclusive of Communication Module Service subscribers

1,371

(27.7%)

458

(9.8%)

2,622

(50.7%)

Numbers in parentheses indicate the percentage of FOMA subscribers to total cellular subscribers

FOMA subscribers exceeded

50%

of DoCoMo’s

total subscribers.

(Total FOMA

subs:

26.22

million, 50.7%

of total

(As of Jun. 30, 2006)

)

% of FOMA subs

topped

50%

of total

(Jun. 18, 2006)

mova

3,500

(66.2%)

FOMA subs.

projected to

reach

2/3 of total

SLIDE No.

Results For 1Q of 2006

/27

100

120

140

160

180

200

-20.0

-15.0

-10.0

-5.0

0.0

5.0

10.0

15.0

20.0

MOU (Left axis)

152

155

153

145

149

152

151

146

145

Year-on-year changes in MOU (Right axis)

-6.2

-3.7

-4.4

-5.8

-2.0

-1.9

-1.3

0.7

-2.7

04/4-6(1Q)

04/7-9(2Q)

04/10-12(3Q)

05/1-3(4Q)

05/4-6(1Q)

05/7-9(2Q)

05/10-12(3Q)

06/1-3(4Q)

06/4-6(1Q)

Cellular (FOMA+mova)

MOU

for

FY2006/1Q

was

145

minutes

(Down

-2.7%

year-on-year)

For an explanation of MOU, see Slide 26 of this document, “Definition and Calculation Methods of MOU and ARPU”.

(%)

(Minutes)

SLIDE No.

Results For 1Q of 2006

/27

-12

-8

-4

0

1,000   

2,000   

3,000   

4,000   

5,000   

6,000   

7,000   

8,000   

0

4

8

12

16

Packet ARPU (Left axis)

1,950

1,900

1,820

1,830

1,820

1,880

1,940

1,970

1,930

(Incl.)

i-mode ARPU

1940

1890

1810

1820

1,810

1,870

1,860

1,920

1950

1,910

Voice ARPU (Left axis)

5,450

5,440

5,350

5,090

5,120

5,170

5,040

4,780

4,930

4,760

International service ARPU

(

Excl.

)

(

Excl.

)

(

Excl.

)

(

Excl.

)

(

Incl.

)

(

Incl.

)

(

Incl.

)

(

Incl.

)

(

Incl.

)

(

Incl.

)

YOY decline in aggregate ARPU (right axis)

-8.2

-9.3

-8.3

-9.1

-6.2

-4

-3.5

-2.9

-0.6

04/4-6(1Q)

7-9(2Q)

10-12(3Q)

05/1-3(4Q)

4-6(1Q)

7-9(2Q)

10-12(3Q)

06/1-3(4Q)

4-6(1Q)

07/(E)

Cellular (FOMA+mova)

ARPU

(Yen)

6,940

7,050

6,920

6,720

6,690

ARPU

for

FY2006/1Q

was

6,900

yen

(Down

0.6%

year-on-year)

Impact from including in revenues the portion of “Nikagetsu

Kurikoshi”

(2-month carry over) allowances that are projected to expire : 200

yen

International service-related revenues, which had not been included in previous reports, have been included in the ARPU data calculations from the fiscal year ended Mar.

31, 2006, in view of their growing contribution to total revenues.

For an explanation of ARPU, see Slide 26 of this document, “Definition and Calculation Methods of MOU and ARPU”.

7,400

7,340

7,170

6,920

6,900

Year-on-year

changes

aggregate

ARPU

(Excluding

the

impact

incurring

revenues

the

portion

Nikagetsu

Kurikoshi

allowances

that

are

projected

expire)

Inclusive of the impact of

incurring in revenues the

“Nikagetsu

Kurikoshi”allowances

that are projected to expire (200

yen)

(%)

Principal Actions for FY2006

SLIDE No.

Results For 1Q of 2006

/27

100

200

300

400

500

600

700

2005/3

2005/6

2005/9

2005/12

2006/3

2006/6

10%

15%

20%

25%

30%

Strengthen Core Business Even Further (1) Pricing Measures

691

•

The

growth

“pake-houdai”

subscribers

accelerated

after

lifting

the

subscription restrictions.

As of Jun. 30, 2006

6.91 million

(pake-houdai

subscription

rate:

26%)

(10,000 subs)

(subscription rat: %e)

No. of subscribers

(Left axis)

*“pake-houdai”

subscription

rate:

No.

“pake-houdai”

subs/Total

no.

FOMA

subs

“pake-houdai”

subscription rate*

(right axis)

Lifted

“pake-houdai”

subscription

restrictions

from March 2006

SLIDE No.

Results For 1Q of 2006

/27

Strengthen Core Business Even Further (2) Products

Enriched

product

lineup,

e.g.,

the“902iS”

series

equipped

with

powerful

credit

payment/music

capabilities,

and

the

“702iS”

series

featuring

unique

and

stylish designs, etc.

902iS series

702iS series

Mobile devices for businesses

•

Significantly enhanced music

capabilities

•

Preinstalled with DCMX-appli

(Biometric authentication,

“Omakase

Lock”, etc.

)

•

Powerful security features

High-spec models

Unique and stylish designs

Mobile solutions

Models “hTc Z”

(HTC) and “Blackberry (RIM)

planned for release

hTc

SLIDE No.

Results For 1Q of 2006

/27

Strengthen Core Business Even Further (3) Music-related Services

Rich

portfolio

music-related

services,

e.g.,

“Chaku-Uta

Full”,

“music player”

and “Music Channel”, etc.

Windows

Media®

Audio

registered

trademark

Microsoft

Corporation

the

United

States

and

other

countries.

Chaku-Uta

Full®

is a registered trademark of Sony Computer Entertainment, Inc.

Chaku-Uta

Full®

Music Player

Music Channel

Downloading of full music tracks

“avex

Chaku-Uta

Full mu-mo”

“Reco-choku

Full”

(Label Mobile, Inc.)

P902iS

(Photo)

N902iX HIGH-SPEED

(Planned for release)

P702iD

(Planned for release)

*More models to be added in the future

[Compatible Models]

Long-hour playback

Large external memory

n Compatible with a wide

array of music stores

(Japan’s

first

WMA-enabled

phone

(F902iS) )

F902iS

The new series are compatible with

17 sites of music stores

HSDPA

“Music Channel”—a new service

leveraging higher data speeds

Automatic download

during night

Long-hour playback/

High quality sound

n Wide variety of music

programs

HSDPA

N902iX HIGH-SPEED

LABEL MOBILE INC.

Downloading of music of

choice from a rich variety of stores

*No. of sites compatible with WMA

and SD Audio (As of July 24, 2006)

SLIDE No.

Results For 1Q of 2006

/27

Network

Handsets

[POP coverage]

Mar. 31, 2007 :

70%

Mar. 31, 2008

: over

: over

over

90%

3.6Mbps

(downlink)

(Possible to upgrade to

max.

14Mbps )

[Transmission speed]

[Initially]

[Future plans]

Plan to offer 2 models

N902iX HIGH-SPEED / M2501

HIGH-SPEED

Add 2 more models around spring/2007

Embed HSPDA as a standard feature in

future 90X series phones

Services

Descriptions above are all plans.

•

Animation

•

Short films

•

Music videos, etc.

Provide services that leverage HSDPA’s

higher download speeds

•

“Music Channel”

•

Large-capacity i-motion, etc.

Late Aug.2006 (Planned)

[Service launch]

Service launch]

ervice launch]

Strengthen Core Business Even Further (4) HSDPA

[

Broadband content originally developed for PCs

]

[Services uniquely available on mobile phones]

SLIDE No.

Results

For

2006

/27

Improve ease of search on i-menu/general sites by enabling keyword search,

with the aim to reinforce DoCoMo’s

competitiveness and expand data revenues.

?50??

*Presented

in Japanese

kana

order

Tie-ups for General Site Search

Tie up with a wide range of search engines

based on an open model to improve users’

convenience

i Menu Site Search

Genre

narrow-down

function

Improve ease of use of iMenu’s

rich official sites

DoCoMo’s

proprietary search function

Intra-site

search function

[Top page]

[Search

results]

keyword search

Strengthen Core

Business Even Further (5) Search Engine

Strengthen

i-mode’s search function

(Planned for launch in Oct. 2006)

SLIDE No.

Results For 1Q of 2006

/27

10,000

20,000

30,000

40,000

05/3

05/6

05/9

05/12

06/3

06/6

07/3E

5,000

10,000

15,000

20,000

Strengthen

Core

Business

Even

Further

(6)

Network

(No. of outdoor base stations)

Outdoor base stations

(Left axis)

Indoor systems

(Right axis)

(No. of indoor systems)

FOMA Outdoor/Indoor Coverage

Reinforce

network quality

to prepare for MNP

4,100

7,000

17,500

25,700

34,800

9,400

+10,800

10,800

base stations

+3,000

3,000

locations

24,000

6,400

Expand FOMA coverage to a level

superior to mova’s

by 2006/fall

Comprehensive

coverage in buildings/underground areas

Plan to cover all JR stations/highway service areas/

“michi-no-eki”

rest areas

Examples

measures

implemented

Kanto-Koshinetsu

region

·Installed base stations at the fastest pace in our history, to build up competitiveness prior

to MNP

No. of base stations as of Mar. 31, 2007 expected to increase

to 1.5 times the

number as of Mar. 31, 2006.

Area quality improvement catered to customer requests

Proactive PR campaigns

“We’ll

increase

FOMA

antennas

declaration”

etc.

“We value your comments on FOMA quality”

campaign*, etc.

SLIDE No.

Results For 1Q of 2006

/27

500

1,000

1,500

04/9

04/12

05/3

05/6

05/9

05/12

06/3

06/6

(10,000 subs)

Create

New

Revenue

Sources

(1)

Credit

card

Business

“DCMX”

made

favorable

start,

acquiring

over

450,000

subs

late

July

2006.

“DCMX-mini”

has been used primarily for small-amount purchases.

No. of i-mode Felica-

enabled handset users

(As of Jun. 30, 2006)

13.8

million

Projected user count

as of Mar. 31, 2007

million

DCMX

Started receiving applications

May 26, 2006

DCMX-mini

Launched Apr. 28, 2006

Apr.         

May

Jun.     

(10,000 subscribers)

DCMX/DCMX-mini subscribers

No. of installed

payment terminals

Approx.

30,000

(As of Jun. 30, 2006)

Approx. 150,000

(planned)

(By Mar. 31, 2007)

SLIDE No.

Results For 1Q of 2006

/27

Create New Revenue Sources (2) Boost Usage

(10,000 subscribers)

Uptake of push information delivery services (“i-channel”+“Tokudane-News-bin”)

has been growing at a rapid pace.

Push info. delivery services

0

100

200

300

400

500

600

700

05/9

06/1

07/3

(E)

“i-channel”

subscription

rate:

No.

“i-channel”

subscribers/

Total

users

compatible

handsets

Tokudane-

News-bin

4.6

mil

+900,000

900,000

+1.3 mil

1.3 mil

+1.5 mil

1.5 mil

“i-channel”

subscription rate

45%

(June 2006)

SLIDE No.

Results For 1Q of 2006

/27

Create New Revenue Sources (3) International Services

No. of roaming subscribers using their own handset has grown sharply after the release of

“SIMPURE”

and “902iS”

models

International service revenues posted favorable growth in FY2006/1Q (up 43%

year-on-year)

3

FY06

(1Q)

FY05

(1Q)

[Int’l service revenues]

+43%

year-on-year

(Billions of yen)

5.1

7.3

Int’l dialing revenues

Int’l roaming revenues

[Int’l roaming
revenues]

+68%

year-on-year

(1,000 subs)

(%)

User base of roaming-

enabled handsets

Released

SIMPURE (Apr.

06)

own

handset

roamers:

No.

“World

Wing”

roaming

users

using

own

handset/

Total

roaming

users

Released P902iS/N902iS

(Jun. 06)

International

service revenues

100

150

200

250

300

350

400

450

05/4

06/4

No. of roaming-enabled handset users

Int’l dialing revenues

No. of roaming-enabled handset users

% of own handset roamers*

SLIDE No.

Results For 1Q of 2006

/27

Return to Shareholders

Returning profits to shareholders is considered one of the most

important issues in our corporate agenda

Dividend per share: 4,000 yen

(Maintain the same dividend level as FY ended Mar. 31, 2006, when it was

doubled from the previous fiscal year)

Repurchase of own shares:

Study to repurchase up to 1.4 million shares for up to 250 billion yen

(Treasury shares kept in excess of 5% of total issued shares are

planned for cancellation

once a year)

FY ending Mar. 31, 2007 (Planned)

Repurchase of

own shares

Max. authorized

Actual amount spent

Max. authorized

Actual no. of shares

repurchased

Repurchase authorized at 13th

ordinary general shareholder meeting

600

433.7

(72.3%)

2.5

2.38

(95.3%)

Repurchase authorized at 14th

ordinary general shareholder meeting

400

333.2

(83.3%)

2.2

1.98

(90.0%)

Ref) Repurchase authorized at

ordinary 15th general shareholder meeting

250

–

1.4

Budget (Billions of yen)

No. of shares repurchased

(million shares)

–

Appendices

SLIDE No.

Results For 1Q of 2006

/27

1,000

2,000

3,000

4,000

5,000

Equipment sales

127.3

123.6

527.0

Other revenues

18.3

22.5

114.0

PHS revenues

12.4

7.0

21.0

Cellular

services

revenues

(voice,

packet)

1,029.0

1,065.4

4,176.0

2005/4-6(1Q)

2006/4-6(1Q)

2007/3(Full-year forecast)

Operating Revenues

US GAAP

(billions of Yen)

(billions of yen)

“Quickcast

revenues”

are

included

“Other

revenues”.

“International

services

revenues”

are

included

“Cellular

services

revenues”.

48,38.0

FY2006

Operating revenues

compared to FY2005

-2.7%

(Cellular services revenues)

Compared to FY2005

+3.5%

(Equipment sales revenues)

Compared to FY2005

-2.9%

11,87.1

1,218.6

SLIDE No.

Results For 1Q of 2006

/27

1,000

2,000

3,000

4,000

Personnel expenses

62.0

62.9

252.0

Taxes and public dues

9.2

9.3

37.0

Depreciation and amortization

165.5

169.3

753.0

Loss on dispostal

of property, plant and equipment

and intangible assets

2.8

4.3

52.0

Communication network charges

93.7

90.7

370.0

Non-personnel expenses

566.2

609.3

2,564.0

(incl) Revenue-linked expenses*

411.8

447.1

1826.0

(incl) Other non-personnel expenses

154.4

162.3

738.0

2005/4-6(1Q)

2006/4-6(1Q)

2007/3(Full-year forecast)

Operating Expenses

US GAAP

(billions of yen)

(billions of yen)

Revenue-linked

expenses:

cost

equipment

sold

distributor

commissions

cost

DoCoMo

Point

Service

4,028.0

FY2006

Operating expenses for

Compared to FY2005

+5.2%

899.5

945.8

Impairment

loss

from

the

disposal

PHS

assets,

which

had

been

stated

individually

“impairment

loss”

reports,

has

been

included

“depreciation

and

amortization”

from FY2006/1Q.

SLIDE No.

Results For 1Q of 2006

/27

FY2006

CAPEX

Compared to FY2005

+1.9%

(billions of yen)

“Quickcast

business”

is included in “Other (information systems, etc)”

Capital Expenditures

201.7

905.0

214.7

0.0

100.0

200.0

300.0

400.0

500.0

600.0

700.0

800.0

900.0

1,000.0

Other (information systems, etc.)

25.0

27.1

150.0

PHS business

0.2

1.0

Mobile phone business (FOMA)

142.2

156.4

639.0

Mobile phone business (i-mode, etc.)

9.6

9.4

32.0

Mobile phone business (mova)

10.9

6.5

17.0

Mobile phone business (transmission line)

22.9

15.1

66.0

2005/4-6(1Q)

2006/4-6(1Q)

2007/3

(Full-year

forecast)

SLIDE No.

Results For 1Q of 2006

/27

Operational Results

*Other

includes

purchase

additional

handsets

existing

FOMA

subscribers.

Communication

Module

Service

subscribers

are

included

the

no.

cellular

subscribers

align

the

calculation

method

subscribers

with

other

cellular

phone

carriers.

(Market

share,

the

no.

handsets

sold

and

churn

rate

are

calculated

inclusive

Communication

Module

Service

subscribers).

For an explanation of MOU and ARPU, see Slide 26 of this document, “Definition and Calculation Method of MOU and ARPU”.

47,900

4.8 %

46,823

44,659

i-mode

Other*

Migration

from mova

New

Replace

New

PHS

FOMA

mova

Communication Module Service

FOMA

mova

MOU

(minutes)

ARPU

(yen)

No. of subscribers (1,000)

Churn rate

Handsets sold

(1,000)

(Including handsets

sold without

involving sales by

DoCoMo)

Market share (%)

No. of Subscribers (1,000)

-69.3

468

1,525

-63.5

345

945

-0.5 points

55.6

56.1

990

25.9%

733

582

35,000

91.2 %

26,217

13,710

17,900

-28.7 %

25,456

35,719

52,900

4.5 %

51,672

49,430

-4.5

3,170

3,320

2007/3

(Full-year

forecast)

Changes

(1) Õ

(2)

2006/4-6

(1Q)

(2)

2005/4-6

(1Q)

(1)

320

208.0

1,583

514

24.5

2,117

1,701

32.5 %

1,190

898

-16.2

-41.0

679

1,150

-0.16 points

0.64

0.80

Communication

SLIDE No.

Results For 1Q of 2006

/27

Definition and Calculation Methods of MOU and ARPU

u MOU(Minutes of usage): Average communication time per one month per one user.

u ARPU(Average

monthly Revenue Per Unit ):

Average monthly revenue per unit, or ARPU, is used to measure average monthly operating revenues attributable to designated services on a per user

basis. ARPU is calculated by dividing various revenue items included in operating revenues from our wireless services, such as monthly charges, voice

transmission charges and packet transmission charges, from designated services which are incurred consistently each month, by number of active

subscribers to the relevant services. Accordingly, the calculation of ARPU excludes revenues that are not representative of monthly average usage such

activation

fees.

believe

that

our

ARPU

figures

provide

useful

information

analyze

the

average

usage

our

subscribers

and

the

impacts

changes

our

billing

arrangements.

The

revenue

items

included

the

numerators

our

ARPU

figures

are

based

our

U.S.

GAAP

results

operations. This definition applies to all ARPU figures hereinafter.

u Aggregate ARPU(FOMA+mova): Voice ARPU (FOMA+mova) + Packet ARPU (FOMA+mova)

Voice

ARPU

(FOMA+mova)

Voice

ARPU

(FOMA+mova)

Revenues

(monthly

charges,

voice

transmission

charges) /

No.

of active cellular phone subscribers (FOMA+mova)

Packet

ARPU

(FOMA+mova)

{Packet

ARPU

(FOMA)

Revenues

(monthly

charges,

packet

transmission

charges)

i-mode ARPU (mova) Related Revenues (monthly charges, packet transmission charges)} /

No. of active cellular phone subscribers (FOMA+mova)

i-mode

ARPU

(FOMA+mova) :

i-mode

ARPU

(FOMA+mova)

Revenues

(monthly

charges,

packet

transmission

charges)

No. of active cellular phone subscribers (FOMA+mova)

u Aggregate ARPU

(FOMA) : Voice ARPU (FOMA) + Packet ARPU (FOMA)

Voice

ARPU

(FOMA)

Voice

ARPU

(FOMA)

Revenues

(monthly

charges,

voice

transmission

charges)

No.

active

cellular phone

subscribers (FOMA)

Packet

ARPU

(FOMA):

Packet

ARPU

(FOMA)

Revenues

(monthly

charges,

packet

transmission

charges)

No.

active

cellular phone subscribers (FOMA)

i-mode

ARPU

(FOMA)

i-mode

ARPU

(FOMA+)

Revenues

(monthly

charges,

packet

transmission

charges)

No.

active

cellular phone subscribers (FOMA)

u Aggregate ARPU

(mova) : Voice ARPU (mova) + i-mode ARPU (mova)

Voice

ARPU

(mova)

Voice

ARPU

(mova)

Revenues

(monthly

charges,

voice

transmission

charges)

No.

active

cellular phone subscribers (mova)

i-mode

ARPU

(mova)

i-mode

ARPU

(mova+)

Revenues

(monthly

charges,

packet

transmission

charges)

No.

active

cellular phone subscribers (mova)

u Number of active subscribers used in ARPU and MOU calculations are as follows:

Quarterly data: sum of “No. of active subscribers in each month”* of the current quarter

Half-year

data:

sum

“No.

active

subscribers

each

month”*

the

current

half

Full-year data: sum of “No. of active subscribers in each month”* of the current fiscal year

“No. of active subscribers in each month”: (No. of subs at end of previous month+No. of subs at end of current month)/2

w The revenues and no. of subscribers of Communication Module Service are not included in the above calculation of ARPU and MOU.

SLIDE No.

Results For 1Q of 2006

/27

Reconciliation of the Disclosed Non-GAAP Financial Measures to

the Most Directly Comparable GAAP Financial Measures

EBITDA and EBITDA margin

Billions of yen

Three months ended

June 30, 2006

Three months ended

June 30, 2005

a. EBITDA

¥ 445.0

¥ 455.0

(169.3)

(165.5)

(3.0)

(1.9)

272.7

287.6

1.7

65.8

(110.7)

(144.8)

(0.1)

(0.8)

(0.0)

0.0

163.5

207.9

1,218.6

1,187.1

36.5%

38.3%

13.4%

17.5%

Note:

Free cash flows excluding changes in investments for cash management purpose

Billions of yen

Three months ended

June 30, 2006

Three months ended

June 30, 2005

(¥ 165.9)

¥ 135.2

(0.4)

50.0

(166.2)

185.2

(264.6)

(141.2)

98.4

326.3

Note:

Changes in investments for cash management purpose were derived from purchases, redemption at maturity and disposals of financial instruments

held for cash management purpose with original maturities of longer than three months.

Changes in investments for cash management purpose

Free cash flows

Net cash used in investing activities

Net cash provided by operating activities

Other income (expense)

Income taxes

Equity in net losses of affiliates

Free cash flows excluding changes in investments for cash management purpose

Net income margin (=b/c)

EBITDA and EBITDA margin, as we use them, are different from EBITDA as defined in Item 10(e) of regulation S-K and may not be comparable to

similarly titled measures used by other companies.

Minority interests in consolidated subsidiaries

b. Net income

c. Total operating revenues

EBITDA margin (=a/c)

Depreciation and amortization

Losses on sale or disposal of property, plant and equipment

Operating income

“FOMA”

, “mova”, “Quickcast”, “i-mode”, “pake-houdai”

, “Osaifu-Keitai”, “iD”

“DCMX”, “Music Channel”, “i-channel”, and “Tokudane-News-bin”

are trademarks or registered trademarks of NTT DoCoMo, Inc.

Other names of companies or products presented in this material are trademarks or registered trademarks of their respective organizations.