DoCoMo joins the tech slump; investments outside Japan result in parent company's first loss

Article Abstract:

Japan's largest mobile phone company, NTT DoCoMo Inc., reported a sales increase of 18% for the six months ending September 30th, but net income was down 52% from one year earlier. Foreign investments are attributed to the drop. The firm took a write-down for its investment in KPN Mobile NV. Next year it might have to do the same with an investment in AT&T Wireless Inc.

Statistical Data Included, NTT DoCoMo Inc.

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Nippon Telegraph & Telephone triples net view of fiscal year

Article Abstract:

Nippon Telegraph and Telephone Corp. has tripled its net income forecast for the year ending March 31, 2004. The company is forecasting 251 billion yen for the fiscal year, compared to its original forecast of 74 billion yen.

Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis

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NTT swings to profit, powered by DoCoMo

Article Abstract:

Nippon Telegraph and Telephone Corp. (NTT) posted a 233.4 billion yen (1.73 billion euros) profit for the year ending March 31, 2003. The company was helped by the performance of its NTT DoCoMo Inc. arm.

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