UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934

For the month of November 2011.

Commission File Number: 001-31221

Total number of pages: 12

NTT DOCOMO, INC.

Sanno Park Tower 11-1, Nagata-cho 2-chome
Chiyoda-ku, Tokyo 100-6150
Japan
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F þ            Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Information furnished in this form:

1.

Report filed on November 8, 2011 with the Director of the Kanto Local Finance Bureau of Japan pursuant to the Financial Instruments and Exchange Act of Japan

NTT DOCOMO, INC. AND SUBSIDIARIES

		Millions of yen
		March 31, 2011				September 30, 2011
ASSETS
Current assets:
Cash and cash equivalents		¥	765,551			¥	515,928
Short-term investments			141,028				461,271
Accounts receivable			762,411				705,352
Credit card receivables			160,446				179,826
Allowance for doubtful accounts			(18,021	)			(21,417	)
Inventories			146,357				174,576
Deferred tax assets			83,609				88,107
Prepaid expenses and other current assets			113,918				108,828
Total current assets			2,155,299				2,212,471
Property, plant and equipment:
Wireless telecommunications equipment			5,569,818				5,670,016
Buildings and structures			845,588				851,292
Tools, furniture and fixtures			507,914				512,284
Land			198,842				199,234
Construction in progress			95,251				123,174
Accumulated depreciation and amortization			(4,694,094	)			(4,848,322	)
Total property, plant and equipment, net			2,523,319				2,507,678
Non-current investments and other assets:
Investments in affiliates			525,456				516,098
Marketable securities and other investments			128,138				110,993
Intangible assets, net			672,256				673,666
Goodwill			205,573				205,480
Other assets			249,919				239,887
Deferred tax assets			331,633				327,689
Total non-current investments and other assets			2,112,975				2,073,813
Total assets		¥	6,791,593			¥	6,793,962
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt		¥	173,102			¥	83,216
Short-term borrowings			276				1,048
Accounts payable, trade			609,337				522,902
Accrued payroll			54,801				54,988
Accrued interest			916				871
Accrued income taxes			162,032				181,169
Other current liabilities			122,704				140,150
Total current liabilities			1,123,168				984,344
Long-term liabilities:
Long-term debt (exclusive of current portion)			255,000				240,000
Accrued liabilities for point programs			199,587				183,926
Liability for employees’ retirement benefits			152,647				156,741
Other long-term liabilities			183,597				170,796
Total long-term liabilities			790,831				751,463
Total liabilities			1,913,999				1,735,807
Equity:
NTT DOCOMO, INC. shareholders’ equity
Common stock			949,680				949,680
Additional paid-in capital			732,914				732,914
Retained earnings			3,621,965				3,813,167
Accumulated other comprehensive income (loss)			(76,955	)			(88,295	)
Treasury stock, at cost			(377,168	)			(377,168	)
Total NTT DOCOMO, INC. shareholders’ equity			4,850,436				5,030,298
Noncontrolling interests			27,158				27,857
Total equity			4,877,594				5,058,155
Commitments and contingencies
Total liabilities and equity		¥	6,791,593			¥	6,793,962

See accompanying notes to consolidated financial statements (unaudited).

NTT DOCOMO, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF INCOME

		Millions of yen
		Six Months Ended				Six Months Ended
		September 30, 2010				September 30, 2011
Operating revenues:
Wireless services		¥	1,898,995			¥	1,877,776
Equipment sales			239,157				235,206
Total operating revenues			2,138,152				2,112,982
Operating expenses:
Cost of services (exclusive of items shown separately below)			451,811				436,585
Cost of equipment sold (exclusive of items shown separately below)			320,830				317,830
Depreciation and amortization			321,967				318,384
Selling, general and administrative			512,074				531,682
Total operating expenses			1,606,682				1,604,481
Operating income			531,470				508,501
Other income (expense):
Interest expense			(2,523	)			(1,680	)
Interest income			691				672
Other, net			(2,630	)			4,378
Total other income (expense)			(4,462	)			3,370
Income before income taxes and equity in net income (losses) of affiliates			527,008				511,871
Income taxes:
Current			204,522				195,627
Deferred			8,682				11,958
Total income taxes			213,204				207,585
Income before equity in net income (losses) of affiliates			313,804				304,286
Equity in net income (losses) of affiliates, net of applicable taxes			(2,978	)			(5,810	)
Net income			310,826				298,476
Less: Net (income) loss attributable to noncontrolling interests			(1,079	)			542
Net income attributable to NTT DOCOMO, INC.		¥	309,747			¥	299,018
Net income		¥	310,826			¥	298,476
Other comprehensive income (loss):
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes			(7,586	)			(9,379	)
Change in fair value of derivative instruments, net of applicable taxes			(54	)			(9	)
Foreign currency translation adjustment, net of applicable taxes			(13,335	)			(2,201	)
Pension liability adjustment, net of applicable taxes			10				234
Total other comprehensive income (loss)			(20,965	)			(11,355	)
Comprehensive income			289,861				287,121
Less: Comprehensive (income) loss attributable to noncontrolling interests			(1,063	)			557
Comprehensive income attributable to NTT DOCOMO, INC.		¥	288,798			¥	287,678
PER SHARE DATA
Weighted average common shares outstanding — Basic and Diluted (shares)			41,605,742				41,467,601
Basic and Diluted earnings per share attributable to NTT DOCOMO, INC. (yen)		¥	7,444.81			¥	7,210.88

See accompanying notes to consolidated financial statements (unaudited).

NTT DOCOMO, INC. AND SUBSIDIARIES

		Millions of yen
		Three Months Ended				Three Months Ended
		September 30, 2010				September 30, 2011
Operating revenues:
Wireless services		¥	955,098			¥	943,673
Equipment sales			93,809				122,021
Total operating revenues			1,048,907				1,065,694
Operating expenses:
Cost of services (exclusive of items shown separately below)			229,620				218,134
Cost of equipment sold (exclusive of items shown separately below)			136,317				168,142
Depreciation and amortization			163,917				162,596
Selling, general and administrative			228,101				276,036
Total operating expenses			757,955				824,908
Operating income			290,952				240,786
Other income (expense):
Interest expense			(1,196	)			(774	)
Interest income			334				354
Other, net			(3,641	)			1,250
Total other income (expense)			(4,503	)			830
Income before income taxes and equity in net income (losses) of affiliates			286,449				241,616
Income taxes:
Current			114,855				103,507
Deferred			1,286				(5,314	)
Total income taxes			116,141				98,193
Income before equity in net income (losses) of affiliates			170,308				143,423
Equity in net income (losses) of affiliates, net of applicable taxes			(2,067	)			(3,636	)
Net income			168,241				139,787
Less: Net (income) loss attributable to noncontrolling interests			(647	)			484
Net income attributable to NTT DOCOMO, INC.		¥	167,594			¥	140,271
Net income		¥	168,241			¥	139,787
Other comprehensive income (loss):
Unrealized holding gains (losses) on available-for-sale securities, net of applicable taxes			1,371				(9,629	)
Change in fair value of derivative instruments, net of applicable taxes			(29	)			(2	)
Foreign currency translation adjustment, net of applicable taxes			(22,435	)			(8,879	)
Pension liability adjustment, net of applicable taxes			46				86
Total other comprehensive income (loss)			(21,047	)			(18,424	)
Comprehensive income			147,194				121,363
Less: Comprehensive (income) loss attributable to noncontrolling interests			(624	)			508
Comprehensive income attributable to NTT DOCOMO, INC.		¥	146,570			¥	121,871
PER SHARE DATA
Weighted average common shares outstanding — Basic and Diluted (shares)			41,605,742				41,467,601
Basic and Diluted earnings per share attributable to NTT DOCOMO, INC. (yen)		¥	4,028.15			¥	3,382.66

See accompanying notes to consolidated financial statements (unaudited).

NTT DOCOMO, INC. AND SUBSIDIARIES

		Millions of yen
		Six Months Ended				Six Months Ended
		September 30, 2010				September 30, 2011
Cash flows from operating activities:
Net income		¥	310,826			¥	298,476
Adjustments to reconcile net income to net cash provided by operating activities—
Depreciation and amortization			321,967				318,384
Deferred taxes			6,377				7,127
Loss on sale or disposal of property, plant and equipment			7,231				7,173
Equity in net (income) losses of affiliates			5,514				10,565
Changes in assets and liabilities:
(Increase) / decrease in accounts receivable			92,307				57,226
(Increase) / decrease in credit card receivables			(14,213	)			(10,790	)
Increase / (decrease) in allowance for doubtful accounts			(35	)			3,393
(Increase) / decrease in inventories			(32,919	)			(28,215	)
(Increase) / decrease in prepaid expenses and other current assets			(5,372	)			4,976
(Increase) / decrease in non-current installment receivables for handsets			6,210				(2,764	)
Increase / (decrease) in accounts payable, trade			(96,289	)			(63,925	)
Increase / (decrease) in accrued income taxes			14,437				19,139
Increase / (decrease) in other current liabilities			(17,558	)			17,849
Increase / (decrease) in accrued liabilities for point programs			42,544				(15,661	)
Increase / (decrease) in liability for employees’ retirement benefits			3,623				4,094
Increase / (decrease) in other long-term liabilities			(29,322	)			(12,095	)
Other, net			17,937				9,421
Net cash provided by operating activities			633,265				624,373
Cash flows from investing activities:
Purchases of property, plant and equipment			(215,806	)			(217,795	)
Purchases of intangible and other assets			(124,330	)			(122,357	)
Purchases of non-current investments			(2,529	)			(11,037	)
Proceeds from sale of non-current investments			525				2,138
Purchases of short-term investments			(373,671	)			(551,462	)
Redemption of short-term investments			313,394				241,268
Long-term bailment for consumption to a related party			(10,000	)			—
Short-term bailment for consumption to a related party			(20,000	)			—
Proceeds from redemption of short-term bailment for consumption to a related party			90,000				—
Other, net			(6,236	)			(2,543	)
Net cash used in investing activities			(348,653	)			(661,788	)
Cash flows from financing activities:
Repayment of long-term debt			(32	)			(104,037	)
Proceeds from short-term borrowings			367				1,439
Repayment of short-term borrowings			(353	)			(702	)
Principal payments under capital lease obligations			(2,135	)			(2,226	)
Dividends paid			(108,135	)			(107,792	)
Other, net			(1,243	)			1,170
Net cash provided by (used in) financing activities			(111,531	)			(212,148	)
Effect of exchange rate changes on cash and cash equivalents			(1,070	)			(60	)
Net increase (decrease) in cash and cash equivalents			172,011				(249,623	)
Cash and cash equivalents at beginning of period			357,715				765,551
Cash and cash equivalents at end of period		¥	529,726			¥	515,928
Supplemental disclosures of cash flow information:
Cash received during the period for:
Income tax refunds		¥	301			¥	228
Cash paid during the period for:
Interest, net of amount capitalized			2,530				1,724
Income taxes			189,772				176,913

See accompanying notes to consolidated financial statements (unaudited).

NTT DOCOMO, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

1. Basis of presentation:

The accompanying consolidated financial statements of NTT DOCOMO, INC. and its subsidiaries (“DOCOMO”) were prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Certain disclosures required by U.S. GAAP have been omitted. Since DOCOMO’s American Depositary Shares were listed on the New York Stock Exchange in March 2002, DOCOMO has prepared its consolidated financial statements pursuant to the terminology, forms and preparation methods required in order to issue American Depositary Shares, which are registered with the Securities and Exchange Commission of the United States of America.

2. Summary of significant accounting and reporting policies:

(1) Adoption of new accounting standards —

Multiple-Deliverable Revenue Arrangements

Effective April 1, 2011, DOCOMO adopted Accounting Standards Update (“ASU”) 2009-13 “Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements” issued by the Financial Accounting Standards Board (“FASB”) in October 2009. ASU2009-13 requires allocation of the overall consideration to each deliverable in an arrangement with multiple deliverables using the estimated selling price in the absence of vendor-specific objective evidence or third-party evidence of selling price for deliverables and eliminates residual method of allocation. The adoption of ASU2009-13 did not have a material impact on DOCOMO’s results of operations and financial position.

(2) Recent accounting pronouncements —

In May 2011, the FASB issued ASU2011-04 “Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.” ASU2011-04 is intended to develop common requirements for measuring fair value and for disclosing information about fair value measurements in accordance with U.S. GAAP and International Financial Reporting Standards. To achieve this objective, ASU2011-04 clarifies existing fair value measurement and disclosure requirements and changes a particular principle or requirement regarding fair value measurement and disclosure. ASU2011-04 is effective during interim and annual periods beginning after December 15, 2011. DOCOMO currently estimates that the adoption of ASU2011-04 will not have a material impact on DOCOMO’s results of operations and financial position. DOCOMO is currently considering the additional disclosures in accordance with ASU2011-04.

In September 2011, the FASB issued ASU2011-08 “Intangibles—Goodwill and Other (Topic 350): Testing Goodwill for Impairment.” ASU2011-08 will permit an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount before applying the two-step goodwill impairment test. If an entity concludes that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, it would not be required to perform the two-step impairment test for that reporting unit. ASU2011-08 is effective for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. DOCOMO is currently considering changing the process of impairment tests in accordance with ASU2011-08. The adoption of ASU2011-08 will not have any impact on DOCOMO’s results of operations and financial position.

NTT DOCOMO, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

In September 2011, the FASB issued ASU2011-09 “Compensation—Retirement Benefits—Multiemployer Plans (Subtopic 715-80): Disclosures about an Employer’s Participation in a Multiemployer Plan.” ASU2011-09 will require that an employer provides more detailed information about an employer’s involvement in multiemployer pension plans, including the names of the significant multiemployer plans and the level of an employer’s participation in the significant multiemployer plans. ASU2011-09 is effective for annual periods for fiscal years ending after December 15, 2011. The adoption of ASU2011-09 will not have any impact on DOCOMO’s results of operations and financial position. DOCOMO is currently considering the additional disclosures in accordance with ASU2011-09.

3. Equity:

Effective May 1, 2006, the Corporate Law of Japan provides that (i) dividends of earnings require approval at a general meeting of shareholders, (ii) interim cash dividends can be distributed upon the approval of the board of directors, if the articles of incorporation provide for such interim cash dividends and (iii) an amount equal to at least 10% of decrease in retained earnings by dividends payment be appropriated from retained earnings to a legal reserve up to 25% of capital stock. The legal reserve is available for distribution upon approval of the shareholders.

In the general meeting of shareholders held on June 17, 2011, the shareholders approved cash dividends of ¥107,816 million or ¥2,600 per share, payable to shareholders recorded as of March 31, 2011, which were declared by the board of directors on April 28, 2011. The source of dividends was “Retained earnings.” DOCOMO started paying the dividends on June 20, 2011.

On November 2, 2011, the board of directors declared cash dividends of ¥116,109 million or ¥2,800 per share, payable to shareholders recorded as of September 30, 2011. The source of dividends will be “Retained Earnings.” DOCOMO plans to start paying the dividends on November 18, 2011.

In order to improve capital efficiency and to implement flexible capital policies in accordance with the business environment, DOCOMO acquires treasury stock.

With regard to the acquisition of treasury stock, the Corporate Law of Japan provides that (i) it can be done according to the resolution of the general meeting of shareholders, and (ii) the acquisition of treasury stock through open market transactions can be done according to the resolution of the board of directors if the articles of incorporation contain such a provision. The provision is stipulated in DOCOMO’s articles of incorporation.

NTT DOCOMO, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

Issued shares and treasury stock —

The changes in the number of issued shares and treasury stock were as follows.

DOCOMO has not issued shares other than shares of its common stock.

		Number of				Number of
		issued shares				treasury stock
As of March 31, 2010			43,790,000				2,184,258
As of September 30, 2010			43,790,000				2,184,258
Acquisition of treasury stock based on the resolution of the board of directors			—				138,141
Retirement of treasury stock			(140,000	)			(140,000	)
As of March 31, 2011			43,650,000				2,182,399
As of September 30, 2011			43,650,000				2,182,399

The meeting of the board of directors approved stock repurchase plans as follows:

Approved maximum

Approved maximum

number of treasury stock to

budget for share

Date of the meeting of the

be repurchased

repurchase

board of directors

Term of repurchase

(Shares)

(Millions of yen)

December 17, 2010

December 20, 2010 - January 28, 2011

160,000

¥

20,000

DOCOMO did not repurchase shares for the six months ended September 30, 2010 and 2011.

Per share data —

Per share data is as follows:

		Yen
		Six months ended				Six months ended
		September 30, 2010				September 30, 2011
Basic and Diluted earnings per share attributable to NTT DOCOMO, INC.		¥	7,444.81			¥	7,210.88
		Yen
		Three months ended				Three months ended
		September 30, 2010				September 30, 2011
Basic and Diluted earnings per share attributable to NTT DOCOMO, INC.		¥	4,028.15			¥	3,382.66
		Yen
		March 31, 2011				September 30, 2011
NTT DOCOMO, INC. shareholders’ equity per share		¥	116,969.29			¥	121,306.70

NTT DOCOMO, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

4. Segment reporting:

DOCOMO’s management uses the following segment financial information to make decisions on the allocation of management resources and to evaluate business performance. Accounting policies used to determine segment profit or loss and segment assets are consistent with those used to prepare the consolidated financial statements in accordance with U.S. GAAP.

DOCOMO has two operating segments. The mobile phone business segment includes Xi services, FOMA services, mova services, packet communications services, satellite mobile communications services, international services and the equipment sales related to these services. The miscellaneous businesses segment includes home shopping services provided primarily through TV media, high-speed internet connection services for hotel facilities, advertisement services, development, sales and maintenance of IT systems, credit services and other miscellaneous services, which in the aggregate are not significant in amount. DOCOMO plans to terminate mova services on March 31, 2012.

DOCOMO identifies its reportable segments based on the nature of services included, as well as the characteristics of the telecommunications networks used to provide those services. DOCOMO’s management monitors and evaluates the performance of its segments based on the information derived from DOCOMO’s management reports.

		Millions of yen
Three months ended		Mobile phone				Miscellaneous
September 30, 2010		business				businesses				Consolidated
Operating revenues		¥	1,017,785			¥	31,122			¥	1,048,907
Operating expenses			726,629				31,326				757,955
Operating income (loss)		¥	291,156			¥	(204	)		¥	290,952

		Millions of yen
Three months ended		Mobile phone				Miscellaneous
September 30, 2011		business				businesses				Consolidated
Operating revenues		¥	1,035,034			¥	30,660			¥	1,065,694
Operating expenses			792,469				32,439				824,908
Operating income (loss)		¥	242,565			¥	(1,779	)		¥	240,786

		Millions of yen
Six months ended		Mobile phone				Miscellaneous
September 30, 2010		business				businesses				Consolidated
Operating revenues		¥	2,071,802			¥	66,350			¥	2,138,152
Operating expenses			1,538,676				68,006				1,606,682
Operating income (loss)		¥	533,126			¥	(1,656	)		¥	531,470

		Millions of yen
Six months ended		Mobile phone				Miscellaneous
September 30, 2011		business				businesses				Consolidated
Operating revenues		¥	2,050,844			¥	62,138			¥	2,112,982
Operating expenses			1,537,997				66,484				1,604,481
Operating income (loss)		¥	512,847			¥	(4,346	)		¥	508,501

DOCOMO does not disclose geographical information since the amounts of operating revenues generated outside Japan are immaterial.

NTT DOCOMO, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

5. Contingencies:

Litigation —

DOCOMO is involved in litigation and claims arising in the ordinary course of business and at least quarterly reviews them. DOCOMO believes that no litigation or claims outstanding, pending or threatened against which in the opinion of management would have a materially adverse effect on its results of operations or financial position.

Guarantees —

DOCOMO enters into agreements in the normal course of business that provide guarantees for counterparties. These counterparties include subscribers, related parties, foreign wireless telecommunications service providers and other business partners.

DOCOMO provides subscribers with guarantees for product defects of cellular phone handsets sold by DOCOMO, but DOCOMO is provided with similar guarantees by the handset vendors and no liabilities were recognized for these guarantees.

Though the guarantees or indemnifications provided in transactions other than those with the subscribers are different in each contract, the likelihood of almost all of the performance of these guarantees or indemnifications are remote and amount of payments DOCOMO could be claimed for is not specified in almost all of the contracts. Historically, DOCOMO has not made any significant guarantee or indemnification payments under such agreements. DOCOMO estimates the fair value of the obligations related to these agreements is not significant. Accordingly, no liabilities were recognized for these obligations.

NTT DOCOMO, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

6. Fair value measurements:

Fair value is defined as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.” U.S. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value according to observability. The inputs are described as follows:

Level 1 — quoted prices in active markets for identical assets or liabilities

Level 2 — inputs other than quoted prices included within Level 1 that are observable for the asset or liability

Level 3 — unobservable inputs for the asset or liability

DOCOMO also distinguishes assets and liabilities measured at fair value every period on a recurring basis from those measured on a nonrecurring basis under specific situation (for example, impaired assets).

(1) Assets and liabilities measured at fair value on a recurring basis

DOCOMO’s assets and liabilities measured at fair value on a recurring basis include available-for-sale securities and derivatives.

DOCOMO’s assets and liabilities that were measured at fair value on a recurring basis at March 31, 2011 and September 30, 2011 were as follows:

		Millions of yen
		March 31, 2011
		Total				Level 1				Level 2				Level 3
Assets:
Available-for-sale securities
Equity securities (domestic)		¥	46,631			¥	46,631			¥	—			¥	—
Equity securities (foreign)			71,128				71,128				—				—
Debt securities (foreign)			4				4				—				—
Total available-for-sale securities			117,763				117,763				—				—
Derivatives
Interest rate swap agreements			1,232				—				1,232				—
Total derivatives			1,232				—				1,232				—
Total assets		¥	118,995			¥	117,763			¥	1,232			¥	—
Liabilities:
Derivatives
Foreign exchange forward contracts		¥	154			¥	—			¥	154			¥	—
Foreign currency option contracts			1,859				—				1,859				—
Total derivatives			2,013				—				2,013				—
Total liabilities		¥	2,013			¥	—			¥	2,013			¥	—

There were no significant transfers between Level 1 and Level 2.

NTT DOCOMO, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) — (Continued)

		Millions of yen
		September 30, 2011
		Total				Level 1				Level 2				Level 3
Assets:
Available-for-sale securities
Equity securities (domestic)		¥	44,882			¥	44,882			¥	—			¥	—
Equity securities (foreign)			56,638				56,638				—				—
Debt securities (foreign)			4				4				—				—
Total available-for-sale securities			101,524				101,524				—				—
Derivatives
Interest rate swap agreements			378				—				378				—
Total derivatives			378				—				378				—
Total assets		¥	101,902			¥	101,524			¥	378			¥	—
Liabilities:
Derivatives
Non-deliverable forward contracts (NDF)		¥	1			¥	—			¥	1			¥	—
Foreign currency option contracts			1,972				—				1,972				—
Total derivatives			1,973				—				1,973				—
Total liabilities		¥	1,973			¥	—			¥	1,973			¥	—

There were no significant transfers between Level 1 and Level 2.

Available-for-sale securities

Available-for-sale securities include marketable equity securities and debt securities, which are valued using quoted prices in active markets for identical assets. Therefore, these securities are classified as Level 1.

Derivatives

Derivative instruments are interest rate swap agreements, foreign exchange forward contracts, non-deliverable forward contracts (NDF) and foreign currency option contracts, which are measured using valuation provided by financial institutions based on observable market data. Therefore, these derivatives are classified as Level 2.

(2) Assets and liabilities measured at fair value on a nonrecurring basis

Certain assets and liabilities are measured at fair value on a nonrecurring basis and are not included in the table above. Changes of fair value in such assets and liabilities typically result from impairments.

DOCOMO may be required to measure fair value of long-lived assets, equity securities whose fair values are not readily determinable, and other assets or liabilities on a nonrecurring basis.

DOCOMO omitted the disclosure about assets and liabilities measured on a nonrecurring basis because of its immateriality.

7. Subsequent event:

There were no significant subsequent events to be disclosed.