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NTT DoCoMo fiscal Q3 profit climbs 5.7% YOY

NTT Docomo Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, was ¥32.19 per share, an increase of 7.7% from ¥29.90 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥124.93 billion, a gain of 5.7% from ¥118.18 billion in the year-earlier period.

The normalized profit margin increased to 10.7% from 10.2% in the year-earlier period.

Total revenue climbed on an annual basis to ¥1.168 trillion from ¥1.154 trillion, and total operating expenses declined from the prior-year period to ¥945.54 billion from ¥966.25 billion.

Reported net income grew 43.3% on an annual basis to ¥175.31 billion, or ¥45.17 per share, from ¥122.33 billion, or ¥30.94 per share.

As of Feb. 4, US$1 was equivalent to ¥117.24.