NTT DoCoMo, Inc. |
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Date: November 12, 2008 | By: | /S/ OSAMU HIROKADO | ||
Osamu Hirokado | ||||
Head of Investor Relations | ||||
NTT DoCoMo, Inc. Sanno Park Tower 2-11-1 Nagata-cho Chiyoda-ku, Tokyo 100-6150, Japan |
1. | Outline of subsidiaries |
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1) | Inter-touch Ltd. |
Company name:
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Inter-touch Ltd. | |
Address:
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3rd Floor, Goumas Building, 123 Hannam-dong, | |
Yongsan-gu Seoul, Korea | ||
Representative:
|
Koichi Takahara | |
Business:
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Provider of high-speed broadband connectivity services and video applications to hotels in Korea | |
Capital:
|
300,000,000 Won | |
Shares issued:
|
300,000 shares | |
Fiscal year end
|
31-Dec | |
Employees
|
5 | |
Shareholders:
|
100% owned by DOCOMO interTouch Pte. Ltd. |
2) | MagiNet Philippines Inc. |
Company name:
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MagiNet Philippines Inc. | |
Address:
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8/F Alabang Corporate Centre, West Service Road, Alaband, Muntinlupa City 1770, Philippines |
|
Representative:
|
Charles George St. John Reed | |
Business:
|
Provider of high-speed broadband connectivity services and video applications to hotels in the Philippines | |
Capital:
|
19,050,000 Philippine Peso | |
Shares issued:
|
190,500 shares | |
Fiscal year end
|
31-Dec | |
Employees
|
101 | |
Shareholders:
|
100% owned by MagiNet Pte. Ltd. |
3) | MagiNet Europe B.V. |
Company name:
|
MagiNet Europe B.V. | |
Address:
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Busitel 1, Orlyplein 85, 1043 DS Amsterdam, the Netherlands | |
Representative:
|
Charles George St. John Reed | |
Business:
|
Provider of high-speed broadband connectivity services and video applications to hotels in the Netherlands | |
Capital:
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18,000 Euro | |
Shares issued:
|
180 shares | |
Fiscal year end
|
31-Dec | |
Employees
|
0 | |
Shareholders:
|
100% owned by MagiNet Pte. Ltd. |
2. | Reasons for Dissolution |
|
DOCOMO has decided to dissolve its subsidiaries in Korea, Philippines and the Netherlands, as a
part of the integration process, following the acquisition of MagiNet Pte. Ltd. by interTouch in
January 2008. |
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3. | Schedule |
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The dissolution is expected to be completed in 2009. |
4. | Impact on DOCOMOs Operating Results |
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The dissolution is expected to have very little impact on DOCOMOs consolidated and
non-consolidated financial results for the fiscal year ending March 31, 2009 and DOCOMO is not
amending its forecast earnings for the fiscal year ending March 31, 2009 in connection with the
dissolution. |