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

Total number of pages: 13

NTT DOCOMO, INC.

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 þ            Form 40-F o

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): o 

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): o 

 

 

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.

Information furnished in this form:

1.

Report filed on February 3, 2011 with the Director of the Kanto Local Finance Bureau of Japan pursuant to the Financial Instruments and Exchange Law of Japan

NTT DOCOMO, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

DECEMBER 31, 2010 and MARCH 31, 2010

		Millions of yen
		December 31, 2010				March 31, 2010
ASSETS
Current assets:
Cash and cash equivalents		¥	367,189			¥	357,715
Short-term investments			371,437				403,010
Accounts receivable			934,527				838,226
Credit card receivables			167,272				126,009
Allowance for doubtful accounts			(17,966	)			(15,633	)
Inventories			174,635				141,277
Deferred tax assets			70,159				100,545
Prepaid expenses and other current assets			122,735				109,829
Total current assets			2,189,988				2,060,978
Property, plant and equipment:
Wireless telecommunications equipment			5,559,996				5,478,833
Buildings and structures			840,944				830,921
Tools, furniture and fixtures			518,116				516,084
Land			199,126				199,018
Construction in progress			94,949				83,608
Accumulated depreciation and amortization			(4,667,975	)			(4,500,874	)
Total property, plant and equipment, net			2,545,156				2,607,590
Non-current investments and other assets:
Investments in affiliates			547,304				578,095
Marketable securities and other investments			137,901				151,026
Intangible assets, net			653,623				628,691
Goodwill			209,018				198,436
Other assets			264,377				257,911
Deferred tax assets			301,226				274,048
Total non-current investments and other assets			2,113,449				2,088,207
Total assets		¥	6,848,593			¥	6,756,775
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt		¥	353,928			¥	180,716
Short-term borrowings			41				78
Accounts payable, trade			584,451				632,437
Accrued payroll			40,331				54,580
Accrued interest			1,101				995
Accrued income taxes			97,730				185,890
Other current liabilities			142,891				133,466
Total current liabilities			1,220,473				1,188,162
Long-term liabilities:
Long-term debt (exclusive of current portion)			255,037				429,553
Accrued liabilities for point programs			206,502				151,628
Liability for employees’ retirement benefits			144,351				138,447
Other long-term liabilities			157,008				186,539
Total long-term liabilities			762,898				906,167
Total liabilities			1,983,371				2,094,329
Equity:
NTT DOCOMO, INC. shareholders’ equity
Common stock			949,680				949,680
Additional paid-in capital			757,109				757,109
Retained earnings			3,575,463				3,347,830
Accumulated other comprehensive income (loss)			(59,884	)			(37,379	)
Treasury stock, at cost			(384,532	)			(381,363	)
Total NTT DOCOMO, INC. shareholders’ equity			4,837,836				4,635,877
Noncontrolling interests			27,386				26,569
Total equity			4,865,222				4,662,446
Commitments and contingencies
Total liabilities and equity		¥	6,848,593			¥	6,756,775

See accompanying notes to consolidated financial statements (unaudited).

NTT DOCOMO, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

AND COMPREHENSIVE INCOME (UNAUDITED)

NINE MONTHS ENDED DECEMBER 31, 2009 and 2010

		Millions of yen
		Nine Months Ended				Nine Months Ended
		December 31, 2009				December 31, 2010
Operating revenues:
Wireless services		¥	2,859,472			¥	2,850,116
Equipment sales			382,892				359,013
Total operating revenues			3,242,364				3,209,129
Operating expenses:
Cost of services (exclusive of items shown separately below)			682,777				687,578
Cost of equipment sold (exclusive of items shown separately below)			510,168				482,552
Depreciation and amortization			511,529				496,112
Selling, general and administrative			835,237				784,386
Total operating expenses			2,539,711				2,450,628
Operating income			702,653				758,501
Other income (expense):
Interest expense			(4,108	)			(3,638	)
Interest income			969				1,024
Other, net			2,173				(7,250	)
Total other income (expense)			(966	)			(9,864	)
Income before income taxes and equity in net income (losses) of affiliates			701,687				748,637
Income taxes:
Current			291,393				289,489
Deferred			(7,586	)			13,881
Total income taxes			283,807				303,370
Income before equity in net income (losses) of affiliates			417,880				445,267
Equity in net income (losses) of affiliates, net of applicable taxes			3,186				375
Net income			421,066				445,642
Less: Net (income) loss attributable to noncontrolling interests			(1,720	)			(1,659	)
Net income attributable to NTT DOCOMO, INC.		¥	419,346			¥	443,983
Net income		¥	421,066			¥	445,642
Other comprehensive income (loss):
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes			4,527				(3,449	)
Change in fair value of derivative instruments, net of applicable taxes			(72	)			(14	)
Foreign currency translation adjustment, net of applicable taxes			(8,678	)			(19,050	)
Pension liability adjustment, net of applicable taxes			446				(30	)
Total other comprehensive income (loss)			(3,777	)			(22,543	)
Comprehensive income			417,289				423,099
Less: Comprehensive (income) loss attributable to noncontrolling interests			(1,704	)			(1,621	)
Comprehensive income attributable to NTT DOCOMO, INC.		¥	415,585			¥	421,478
PER SHARE DATA
Weighted average common shares outstanding — Basic and Diluted (shares)			41,738,464				41,604,852
Basic and Diluted earnings per share attributable to NTT DOCOMO, INC. (yen)		¥	10,046.99			¥	10,671.42

See accompanying notes to consolidated financial statements (unaudited).

THREE MONTHS ENDED DECEMBER 31, 2009 and 2010

		Millions of yen
		Three Months Ended				Three Months Ended
		December 31, 2009				December 31, 2010
Operating revenues:
Wireless services		¥	966,207			¥	951,121
Equipment sales			130,349				119,856
Total operating revenues			1,096,556				1,070,977
Operating expenses:
Cost of services (exclusive of items shown separately below)			233,160				235,767
Cost of equipment sold (exclusive of items shown separately below)			169,291				161,722
Depreciation and amortization			173,720				174,146
Selling, general and administrative			302,956				272,311
Total operating expenses			879,127				843,946
Operating income			217,429				227,031
Other income (expense):
Interest expense			(1,119	)			(1,114	)
Interest income			302				333
Other, net			5,194				(4,621	)
Total other income (expense)			4,377				(5,402	)
Income before income taxes and equity in net income (losses) of affiliates			221,806				221,629
Income taxes:
Current			80,506				84,968
Deferred			9,178				5,199
Total income taxes			89,684				90,167
Income before equity in net income (losses) of affiliates			132,122				131,462
Equity in net income (losses) of affiliates, net of applicable taxes			2,894				3,353
Net income			135,016				134,815
Less: Net (income) loss attributable to noncontrolling interests			(388	)			(579	)
Net income attributable to NTT DOCOMO, INC.		¥	134,628			¥	134,236
Net income		¥	135,016			¥	134,815
Other comprehensive income (loss):
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes			(9,555	)			4,137
Change in fair value of derivative instruments, net of applicable taxes			(37	)			40
Foreign currency translation adjustment, net of applicable taxes			(20,369	)			(5,715	)
Pension liability adjustment, net of applicable taxes			150				(40	)
Total other comprehensive income (loss)			(29,811	)			(1,578	)
Comprehensive income			105,205				133,237
Less: Comprehensive (income) loss attributable to noncontrolling interests			(358	)			(557	)
Comprehensive income attributable to NTT DOCOMO, INC.		¥	104,847			¥	132,680
PER SHARE DATA
Weighted average common shares outstanding — Basic and Diluted (shares)			41,696,009				41,603,083
Basic and Diluted earnings per share attributable to NTT DOCOMO, INC. (yen)		¥	3,228.80			¥	3,226.59

See accompanying notes to consolidated financial statements (unaudited).

NINE MONTHS ENDED DECEMBER 31, 2009 and 2010

		Millions of yen
		Nine Months Ended				Nine Months Ended
		December 31, 2009				December 31, 2010
Cash flows from operating activities:
Net income		¥	421,066			¥	445,642
Adjustments to reconcile net income to net cash provided by operating activities-
Depreciation and amortization			511,529				496,112
Deferred taxes			(5,335	)			13,371
Loss on sale or disposal of property, plant and equipment			20,386				13,672
Equity in net (income) losses of affiliates			(5,150	)			376
Changes in assets and liabilities:
(Increase) / decrease in accounts receivable			(151,584	)			(96,694	)
(Increase) / decrease in credit card receivables			(24,080	)			(20,986	)
Increase / (decrease) in allowance for doubtful accounts			2,062				2,396
(Increase) / decrease in inventories			(51,135	)			(33,477	)
(Increase) / decrease in prepaid expenses and other current assets			(4,241	)			(13,503	)
(Increase) / decrease in non-current installment receivable for handsets			5,212				3,155
Increase / (decrease) in accounts payable, trade			(63,170	)			(19,876	)
Increase / (decrease) in accrued income taxes			(143,278	)			(88,114	)
Increase / (decrease) in other current liabilities			(13,857	)			5,564
Increase / (decrease) in accrued liabilities for point programs			66,724				54,874
Increase / (decrease) in liability for employees’ retirement benefits			8,002				5,906
Increase / (decrease) in other long-term liabilities			18,893				(30,744	)
Other, net			52				16,849
Net cash provided by operating activities			592,096				754,523
Cash flows from investing activities:
Purchases of property, plant and equipment			(369,476	)			(318,769	)
Purchases of intangible and other assets			(183,670	)			(193,996	)
Purchases of non-current investments			(9,617	)			(4,765	)
Proceeds from sale of non-current investments			9,262				794
Acquisitions of new subsidiaries, net of cash acquired			(29,209	)			(7,678	)
Purchases of short-term investments			(136,656	)			(744,825	)
Redemption of short-term investments			38,310				686,335
Long-term bailment for consumption to a related party			—				(20,000	)
Short-term bailment for consumption to a related party			(10,000	)			(20,000	)
Proceeds from redemption of short-term bailment for consumption to a related party			—				110,000
Other, net			(9,335	)			(6,994	)
Net cash used in investing activities			(700,391	)			(519,898	)
Cash flows from financing activities:
Repayment of long-term debt			(15,000	)			(32	)
Proceeds from short-term borrowings			138,149				367
Repayment of short-term borrowings			(138,149	)			(395	)
Principal payments under capital lease obligations			(2,461	)			(3,249	)
Payments to acquire treasury stock			(20,000	)			(3,169	)
Dividends paid			(208,488	)			(216,088	)
Other, net			(3	)			(1,243	)
Net cash provided by (used in) financing activities			(245,952	)			(223,809	)
Effect of exchange rate changes on cash and cash equivalents			77				(1,342	)
Net increase (decrease) in cash and cash equivalents			(354,170	)			9,474
Cash and cash equivalents at beginning of period			599,548				357,715
Cash and cash equivalents at end of period		¥	245,378			¥	367,189
Supplemental disclosures of cash flow information:
Cash received during the period for:
Income tax refunds		¥	679			¥	301
Cash paid during the period for:
Interest, net of amount capitalized			4,050				3,533
Income taxes			436,076				378,858

See accompanying notes to consolidated financial statements (unaudited).

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

1. Basis of presentation:

The accompanying quarterly consolidated financial statements of NTT DOCOMO, INC. and its subsidiaries (“DOCOMO”) were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Certain disclosures required by U.S. GAAP have been omitted. Since DOCOMO’s American Depositary Shares were listed on the New York Stock Exchange in March 2002, DOCOMO has prepared its consolidated financial statements pursuant to the terminology, forms and preparation methods required in order to issue American Depositary Shares, which are registered with the Securities and Exchange Commission of the United States of America.

2. Summary of significant accounting and reporting policies:

(1) Adoption of new accounting standards —

Financing Receivables

Effective October 1, 2010, DOCOMO adopted Accounting Standards Update (“ASU”) 2010-20 “Receivables (Topic 310): Disclosures about the Credit Quality of Financing Receivables and the Allowance for Credit Losses” issued by Financial Accounting Standards Board (“FASB”) in July 2010. ASU2010-20 requires enhanced disclosures regarding the nature of the credit risk inherent in the entity’s financing receivables, how that credit risk is analyzed and assessed, and the reasons for the change in the allowance for credit losses. The adoption of ASU2010-20 did not have any impact on DOCOMO’s results of operations and financial position. The disclosure required by ASU2010-20 was omitted.

(2) Recent accounting pronouncements—

In October 2009, FASB issued ASU2009-13 “Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements”. ASU2009-13 will require allocation of the overall consideration to each deliverable in an arrangement with multiple deliverables using the estimated selling price in the absence of vendor-specific objective evidence or third-party evidence of selling price for deliverables and eliminate residual method of allocation. ASU2009-13 is effective for fiscal years beginning on or after June 15, 2010. DOCOMO is currently evaluating the impact of adopting ASU2009-13 on DOCOMO’s result of operations and financial position.

(3) Reclassifications—

Certain reclassifications have been made to the prior periods’ consolidated financial statements to conform to the presentation used for the nine months ended December 31, 2010.

3. Equity:

Effective May 1, 2006, the Corporate Law of Japan provides that (i) dividends of earnings require approval at a general meeting of shareholders, (ii) interim cash dividends can be distributed upon the approval of the board of directors, if the articles of incorporation provide for such interim cash dividends and (iii) an amount equal to at least 10% of decrease in retained earnings by dividends payment be appropriated from retained earnings to a legal reserve up to 25% of capital stock. The legal reserve is available for distribution upon approval of the shareholders.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

In the general meeting of shareholders held on June 18, 2010, the shareholders approved cash dividends of ¥108,175 million or ¥2,600 per share, payable to shareholders recorded as of March 31, 2010, which were declared by the board of directors on April 28, 2010. The source of dividends was “Retained earnings”. DOCOMO started paying the dividends on June 21, 2010.

On October 28, 2010, the board of directors declared cash dividends of ¥108,175 million or ¥2,600 per share, payable to shareholders recorded as of September 30, 2010. The source of dividends was “Retained Earnings”. DOCOMO started paying the dividends on November 19, 2010.

In order to improve capital efficiency and to implement flexible capital policies in accordance with the business environment, DOCOMO acquires treasury stock.

With regard to the acquisition of treasury stock, the Corporate Law of Japan provides that (i) it can be done according to the resolution of the general meeting of shareholders, and (ii) the acquisition of treasury stock through open market transactions can be done according to the resolution of the board of directors if the articles of incorporation contain such a provision. The provision is stipulated in DOCOMO’s articles of incorporation.

Issued shares and treasury stock —

The changes in the number of issued shares and treasury stock were as follows.

DOCOMO has not issued shares other than shares of its common stock.

		Number of				Number of
		issued shares				treasury stock
As of March 31, 2009			43,950,000				2,190,193
As of September 30, 2009			43,950,000				2,190,193
Acquisition of treasury stock based on the resolution of the board of directors			—				154,065
As of December 31, 2009			43,950,000				2,344,258
Retirement of treasury stock			(160,000	)			(160,000	)
As of March 31, 2010			43,790,000				2,184,258
As of September 30, 2010			43,790,000				2,184,258
Acquisition of treasury stock based on the resolution of the board of directors			—				22,155
As of December 31, 2010			43,790,000				2,206,413

The general meeting of shareholders approved stock repurchase plans as follows:

Approved maximum

Approved maximum

number of treasury stock to

budget for share

Date of the general

be repurchased

repurchase

meeting of shareholders

Term of repurchase

(Shares)

(Millions of yen)

June 20, 2008

June 21, 2008 – June 20, 2009

900,000

¥

150,000

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

The meeting of the board of directors approved stock repurchase plans as follows:

Approved maximum

Approved maximum

number of treasury stock to

budget for share

Date of the meeting

be repurchased

repurchase

of the board of directors

Term of repurchase

(Shares)

(Millions of yen)

November 9, 2009

November 10, 2009 – November 30, 2009

160,000

¥

20,000

December 17, 2010

December 20, 2010 – January 28, 2011

160,000

20,000

Aggregate number and price of shares repurchased are summarized as follows:

		Share/Millions of yen
		Nine months ended				Nine months ended
		December 31, 2009				December 31, 2010
Aggregate number of shares repurchased			154,065				22,155
Aggregate price of shares repurchased		¥	20,000			¥	3,169

		Share/Millions of yen
		Three months ended				Three months ended
		December 31, 2009				December 31, 2010
Aggregate number of shares repurchased			154,065				22,155
Aggregate price of shares repurchased		¥	20,000			¥	3,169

In January 2011, DOCOMO repurchased total of 115,986 shares for ¥16,831 million based on the resolution of the board of directors on December 17, 2010. Aggregate number and price of shares repurchased based on this resolution were 138,141 shares and ¥20,000 million, respectively, and DOCOMO concluded the share repurchase on January 26, 2011.

Per share data —

Per share data is as follows:

		Yen
		Nine months ended				Nine months ended
		December 31, 2009				December 31, 2010
Basic and Diluted earnings per share attributable to NTT DOCOMO, INC.		¥	10,046.99			¥	10,671.42

		Yen
		Three months ended				Three months ended
		December 31, 2009				December 31, 2010
Basic and Diluted earnings per share attributable to NTT DOCOMO, INC.		¥	3,228.80			¥	3,226.59

		Yen
		December 31, 2010				March 31, 2010
NTT DOCOMO, INC. shareholders’ equity per share		¥	116,340.04			¥	111,423.97

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

4. Segment information:

The operating segments reported below are those for which segment-specific financial information is available. DOCOMO’s management uses this financial information to make decisions on the allocation of management resources and to evaluate business performance. Accounting policies used to determine segment profit or loss and segment assets are consistent with those used to prepare the consolidated financial statements in accordance with U.S. GAAP.

DOCOMO has two operating segments. The mobile phone business segment includes Xi services, FOMA services, mova services, packet communications services, satellite mobile communications services, international services and the equipment sales related to these services. The miscellaneous businesses segment includes home shopping services provided primarily through TV media, high-speed internet connection for hotel facilities, advertisement services, development, sales and maintenance of IT systems, credit services and other miscellaneous services, which in the aggregate are not significant in amount. DOCOMO plans to terminate mova services on March 31, 2012.

DOCOMO identifies its reportable segments based on the nature of services included, as well as the characteristics of the telecommunications networks used to provide those services. DOCOMO’s management monitors and evaluates the performance of its segments based on the information derived from DOCOMO’s management reports.

Segment information is as follows:

		Millions of yen
Three months ended		Mobile phone				Miscellaneous
December 31, 2009		business				businesses				Consolidated
Operating revenues		¥	1,067,046			¥	29,510			¥	1,096,556
Operating expenses			846,429				32,698				879,127
Operating income (loss)		¥	220,617			¥	(3,188	)		¥	217,429

		Millions of yen
Three months ended		Mobile phone				Miscellaneous
December 31, 2010		business				businesses				Consolidated
Operating revenues		¥	1,035,015			¥	35,962			¥	1,070,977
Operating expenses			803,372				40,574				843,946
Operating income (loss)		¥	231,643			¥	(4,612	)		¥	227,031

		Millions of yen
Nine months ended		Mobile phone				Miscellaneous
December 31, 2009		business				businesses				Consolidated
Operating revenues		¥	3,156,079			¥	86,285			¥	3,242,364
Operating expenses			2,445,959				93,752				2,539,711
Operating income (loss)		¥	710,120			¥	(7,467	)		¥	702,653

		Millions of yen
Nine months ended		Mobile phone				Miscellaneous
December 31, 2010		business				businesses				Consolidated
Operating revenues		¥	3,106,817			¥	102,312			¥	3,209,129
Operating expenses			2,342,048				108,580				2,450,628
Operating income (loss)		¥	764,769			¥	(6,268	)		¥	758,501

DOCOMO does not disclose geographical information, since the amounts of operating revenues generated outside Japan are immaterial.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

5. Contingencies:

Litigation —

As of December 31, 2010, DOCOMO had no litigation or claims outstanding, pending or threatened against which in the opinion of management would have a materially adverse effect on its results of operations or financial position.

Guarantees —

DOCOMO enters into agreements in the normal course of business that provide guarantees for counterparties. These counterparties include subscribers, related parties, foreign wireless telecommunications service providers and other business partners.

DOCOMO provides subscribers with guarantees for product defects of cellular phone handsets sold by DOCOMO, but DOCOMO is provided with similar guarantees by the handset vendors and no liabilities were recognized for these guarantees.

Though the guarantees or indemnifications provided in transactions other than those with the subscribers are different in each contract, the likelihood of almost all of the performance of these guarantees or indemnifications are remote and amount of payments DOCOMO could be claimed for is not specified in almost all of the contracts. Historically, DOCOMO has not made any significant guarantee or indemnification payments under such agreements. DOCOMO estimates the fair value of the obligations related to these agreements is not significant. Accordingly, no liabilities were recognized for these obligations.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

6. Fair value measurements:

Fair value is defined as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date”. U.S. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value according to observability. The inputs are described as follows:

Level 1 — quoted prices in active markets for identical assets or liabilities

Level 2 — inputs other than quoted prices included within Level 1 that are observable for the asset or liability

Level 3 — unobservable inputs for the asset or liability

DOCOMO also distinguishes assets and liabilities measured at fair value every period on a recurring basis from those measured on a nonrecurring basis under specific situation (for example, impaired assets).

(1) Assets and liabilities measured at fair value on a recurring basis

DOCOMO’s assets and liabilities measured at fair value on a recurring basis include available-for-sale securities and derivatives.

DOCOMO’s assets and liabilities that were measured at fair value on a recurring basis at December 31, 2010 and March 31, 2010 were as follows:

		Millions of yen
		December 31, 2010
		Total				Level 1				Level 2				Level 3
Assets:
Available-for-sale securities
Equity securities (domestic)		¥	50,585			¥	50,585			¥	—			¥	—
Equity securities (foreign)			74,246				74,246				—				—
Debt securities (foreign)			4				4				—				—
Total available-for-sale securities			124,835				124,835				—				—
Derivatives
Interest rate swap agreements			2,054				—				2,054				—
Non-deliverable forward contracts (NDF)			1				—				1				—
Total derivatives			2,055				—				2,055				—
Total assets		¥	126,890			¥	124,835			¥	2,055			¥	—
Liabilities:
Derivatives
Foreign exchange forward contracts		¥	0			¥	—			¥	0			¥	—
Foreign currency option contracts			2,301				—				2,301				—
Total derivatives			2,301				—				2,301				—
Total liabilities		¥	2,301			¥	—			¥	2,301			¥	—

There were no significant transfers between Level 1 and Level 2.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

		Millions of yen
		March 31, 2010
		Total				Level 1				Level 2				Level 3
Assets:
Available-for-sale securities
Equity securities (domestic)		¥	53,029			¥	53,029			¥	—			¥	—
Equity securities (foreign)			83,598				83,598				—				—
Debt securities (foreign)			4				4				—				—
Total available-for-sale securities			136,631				136,631				—				—
Derivatives
Interest rate swap agreements			3,297				—				3,297				—
Total derivatives			3,297				—				3,297				—
Total assets		¥	139,928			¥	136,631			¥	3,297			¥	—
Liabilities:
Derivatives
Foreign exchange forward contracts		¥	108			¥	—			¥	108			¥	—
Foreign currency option contracts			1,552				—				1,552				—
Total derivatives			1,660				—				1,660				—
Total liabilities		¥	1,660			¥	—			¥	1,660			¥	—

There were no significant transfers between Level 1 and Level 2.

Available-for-sale securities

Available-for-sale securities include marketable equity securities and debt securities, which are valued using quoted prices in active markets for identical assets. Therefore, these securities are classified as Level 1.

Derivatives

Derivative instruments are interest rate swap agreements, foreign exchange forward contracts, non-deliverable forward contracts (NDF) and foreign currency option contracts, which are measured using valuation provided by financial institutions based on observable market data. Therefore, these derivatives are classified as Level 2.

(2) Assets and liabilities measured at fair value on a nonrecurring basis

Certain assets and liabilities are measured at fair value on a nonrecurring basis and are not included in the table above. Changes of fair value in such assets and liabilities typically result from impairments.

DOCOMO may be required to measure fair value of long-lived assets, equity securities whose fair values are not readily determinable, and other assets or liabilities on a nonrecurring basis.

DOCOMO omitted the disclosure about assets and liabilities measured on a nonrecurring basis because of its immateriality.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

7. Subsequent event:

There had been no significant subsequent event to be disclosed other than those described in other footnotes that occurred subsequent to the balance sheet date through the date when the accompanying quarterly consolidated financial statements were issued.