Word: half-year
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...simple-to-use service and quickly adopted it for diversions such as online gaming, wireless e-commerce and displaying Hello Kitty on their color screens. Unlike clumsy WAP services offered elsewhere in the world, DoCoMo's proprietary system was a smash, registering 120% growth in new subscribers over the half-year ending Sept. 30. DoCoMo's profits leaped tenfold in four years; for the last fiscal year, ended March 2001, it posted record earnings of $3 billion. Last year DoCoMo overtook Toyota as Japan's biggest company, measured by market capitalization. When its share price peaked last spring, DoCoMo...
...however, DoCoMo's international investments have yielded more red ink than respect. DoCoMo was forced to take a $2 billion write-down for its KPN purchase this past half-year due to the plunge in telecom stocks. It will likely report another hit for its AT&T Wireless investment in the quarter ending March 31. DoCoMo overpaid for its overseas stakes, says Kenshi Tazaki, managing director of consultancy Gartner Japan. "On the other hand, DoCoMo's stock was valued higher then, too," Tazaki says. "At the time they had buying power that, with all the problems they currently face, they...
...first half-year of his presidency, Summers has become a regular in national headlines and has seemingly stirred up more controversy than Neil L. Rudenstine did in his decade-long tenure as president...
...have faced since the end of World War II." To meet it, the carrier announced costsaving measures, including a cut of 2,500 jobs, or 12% of the workforce. The package of cuts will let Alitalia bring losses down from an estimated $350 million to $150 million in the half-year ending in March. The government has promised Italian carriers - Alitalia and a handful of private lines - a bailout of up to $200 million to reduce airport taxes and help pay for heightened security...
...project will address the valley's rapid growth and repay some of the environment-related capital expenses Rio Tinto has incurred during its 12-year ownership--a $2 billion total that includes a new, cleaner, $1 billion smelter. Bingham Canyon will wind down in the next 15 years, sticking Rio Tinto with further cleanup bills. The company's half-year returns show that K.U.C. constitutes 15% to 20% of its asset base but generated just 3% to 4% of its $841 million profit. Over the next 20 to 25 years, K.U.C.'s Sunrise could bring Rio Tinto the current equivalent...