Today I will talk about NTT docomo, Japan's largest mobile telecommunications carrier which provides wireless communication services for mobile phones.
※The above image is from NTT docomo's website.
NTT docomo's sales from the telecommunications business account for over 80%, and this
is of course the main source of income, but recently it is strengthening its non-communication business.
The main non-communications business is content services, and there are application sales, web security tools such as virus scanning and antispam tech, and a service that allows you to enjoy
unlimited play of various content by paying 380 yen each month.
￥2,410.5（4/26 last closing price) The latest stock price← click here Trading unit: 100
The final month of the settlement: March Dividend yield 4.98% PER 12.93 PBR 1.63
Equity ratio 68.7%
Not only is the financial soundness strong, but business performance is also good, and
the dividend tends to be increased almost every year, so the attractiveness as a high-dividend stock has been restored.
However, recently there has been a period where temporary stock prices have fluctuated due to the news that Rakuten will enter the mobile phone industry, and to make matters worse it has been
pointed out that it may have been too profitable so a substantial price cut was implemented prior to other companies and that news has created bearish sentiment to the stock price.
Transition of business results
|
|
Net sales |
Operating profit |
Net profit |
Net profit per share |
dividend |
Dividend payout ratio |
|
2017.3 |
4,584,552 |
944,783 |
652,538 |
175.1 |
80 |
46% |
|
2018.3 |
4,769,409 |
973,264 |
744,542 |
201.7 |
100 |
50% |
|
2019.3 |
4,840,849 |
1,013,645 |
663,629 |
187.8 |
110 |
56% |
|
2020.3 |
4,580,000 |
830,000 |
575,000 |
172.4 |
120 |
70% |
※Unit of sales, operating profit, net income is one-million yen
※The figure for March, 2020 is the predicted value
|
Cash flow statement |
2019.3 |
2018.3 |
|
CF operating activities |
12,160 |
14,986 |
|
CF investing activities |
▲2,965 |
▲7,055 |
|
CF financing activities |
▲10,901 |
▲6,908 |
※One unit is one hundred million yen
Note: You should be responsible for your own investment. Please make your own final judgment.