DoCoMo Liquidates Subsidiary

NTT DoCoMo liquidates its Trynotes subsidiary; announces changes in executive positions

May 14, 2004

4 Min Read

TOKYO -- NTT DoCoMo, Inc. ("DoCoMo") announced today that it made a decision to liquidate its subsidiary, Trynotes, Inc. Details of the decision are as follows.

Table 1:

Outline of the subsidiary

Company name:

Trynotes, Inc.

Address:

2-22-24 Akasaka Minato-ku, Tokyo

Representative:

Kouji Morita

Business:

Operation and maintenance of music distribution servers

Date established:

February 2000

Capital:

980 million yen

Number of shares issued:

19,600 shares

Fiscal year-end:

March 31

Number of employees:

5 (as of March 31, 2004)

Major business partner:

NTT DoCoMo, Inc.

NIPPON TELEGRAPH AND TELEPHONE EAST CORPORATION

Panasonic Mobile communications Co., Ltd.

NI and C Co., Ltd.

IBM Japan, Ltd.

Sony Corporation

Major Shareholder:

NTT DoCoMo, Inc. (55.0%)

Panasonic Mobile communications Co., Ltd. (20.0%)

Sony Corporation (20.0%)





Reasons for Liquidation
Although DoCoMo established Trynotes to provide support for mobile music distribution services, it was decided to liquidate the subsidiary due to changes within the business environment which have made continuation of the business difficult.

Schedule
Liquidation is expected to be completed by December 2004.

Impact on DoCoMo's Results of Operations
The liquidation is not expected to have any significant impact on DoCoMo's consolidated or non-consolidated results of operations. The liquidation does not affect the forecast of DoCoMo's results of operations for the fiscal year ending March 31, 2005.

In a separate release:

TOKYO -- NTT DoCoMo, Inc. announced today that it will propose at the 13th annual general meeting of its shareholders to make the following changes in executive positions, including members of the board of directors and statutory auditors, effective June 18, 2004.

New Members of the Board of Directors (candidates)
(Name) (Current Post)
Seijiro Adachi: Chief Executive Officer, The Foundation for the Policyholders of Postal Office Life Insurance
Yoshiaki Ugaki: Senior Vice President, NTT DoCoMo Kansai, Inc.
Seiji Tanaka: Advisor, NTT DoCoMo, Inc.
Hiroaki Nishioka: General Manager, Nagano Branch, NTT DoCoMo, Inc.
Fumio Nakanishi: Advisor, National Institute of Information and Communications Technology
Akio Ooshima: Senior Vice President, NTT DoCoMo Kyushu, Inc.
Masatoshi Suzuki: General Manager, Miyagi Branch, NIPPON TELEGRAPH AND TELEPHONE EAST CORPORATION
Fumio Iwasaki: Senior Vice President, NTT DoCoMo Chugoku, Inc.
Tsuyoshi Nishiyama: Managing Director of Radio Access Network Engineering Department, Network Division, NTT DoCoMo, Inc.

New Corporate Auditor (candidate)
(Name) (Current Post)
Shoichi Matsuhashi: President, DoCoMo Engineering Tohoku, Inc.

Resigning Members of the Board of Directors
Senior Executive Vice President: Shiro Tsuda
Senior Executive Vice President: Toyotaro Kato
Executive Vice President: Kimio Tani
Executive Vice President: Kota Kinoshita
Executive Vice President: Kunio Ushioda
Executive Vice President: Noboru Inoue
Senior Vice President: Kunito Abe
Senior Vice President: Tamon Mitsuishi
Senior Vice President: Toshiharu Nishigaichi
Senior Vice President: Minoru Hyuga
Senior Vice President: Yoshiaki Noda

Resigning Corporate Auditor
Corporate Auditor: Kiyoto Uehara
Representative Directors of New Board (candidates)
President and Chief Executive Officer
(Name) (Current Post)
Masao Nakamura: Senior Executive Vice President, NTT DoCoMo, Inc.

Senior Executive Vice President
(Name) (Current Post)
Masayuki Hirata: Executive Vice President, NTT DoCoMo, Inc.
Kunio Ishikawa: Executive Vice President, NTT DoCoMo, Inc.
Seijiro Adachi: Chief Executive Officer, The Foundation for the Policyholders of Postal Office Life Insurance

Executive Vice President of New Board (candidates)
(Name) (Current Post)
Kei-ichi Enoki: Executive Vice President, NTT DoCoMo, Inc.
Yasuhiro Kadowaki: Executive Vice President, NTT DoCoMo, Inc.
Takanori Utano: Senior Vice President, NTT DoCoMo, Inc.
Kiyoyuki Tsujimura: Senior Vice President, NTT DoCoMo, Inc.
Shunichi Tamari: Senior Vice President, NTT DoCoMo, Inc.
Takashi Sakamoto: Senior Vice President, NTT DoCoMo, Inc.
Shuro Hoshizawa: Senior Vice President, NTT DoCoMo, Inc.
Yoshiaki Ugaki: Senior Vice President, NTT DoCoMo Kansai, Inc.

NTT DoCoMo Inc.

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