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The unofficial independent imode FAQ

10. NTT DoCoMo

10.1 How is NTT DoCoMo related to imode?
NTT-DoCoMo owns imode, owns imode's trademark and operates the infrastructure (network, imode center and imode portal service) of imode in Japan. NTT-DoCoMo also operates a system of content partners, and invests in a number of imode related service companies. Outside Japan, DoCoMo has invested in a number of telecommunication companies and DoCoMo has licensed imode to several operations (such as KPN in the Netherlands, and e-Plus in Germany, and to other carriers in France, Spain, Australia, Italy, Greece, Belgium). In Japan i-mode is operated and owned directly by DoCoMo, in other countries by licensees.
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10.2 Who is NTT DoCoMo?
NTT DoCoMo is a subsidiary of Japan's incumbent telephone operator NTT. The majority of NTT-DoCoMo's shares is owned by NTT, and the majority of NTT's shares is owned by the Japanese government. NTT-DoCoMo's shares are separately listed on the Tokyo Stock Exchange, Osaka Stock Exchange and New York Stock Exchange (DCM), and NTT-DoCoMo's market value (capitalization) makes it one of the world's most valued companies.
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10.3 Can I invest in NTT DoCoMo, buy NTT DoCoMo's shares?
NTT DoCoMo is listed on the Tokyo Stock Exchange, Osaka Stock Exchange and the New York Stock Exchange. You should be able to purchase DoCoMo's stock through your normal brokerage services (we cannot assist you with this).
(Note that Eurotechnology Japan K. K. does not recommend any investments, and you need to make your own research and decisions about investments.)
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10.4 Where can I find NTT-DoCoMo's stock price?
DoCoMo Stock quote on Yahoo.co.jp
(You will need a Japanese enabled browser to read this page) You can find the quotation of DoCoMo's share price in New York on all usual financial news services.

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10.5 Why is NTT-DoCoMo's stock price so expensive?
In Japan it is custom that stock prices have very high values. One reason is that traditionally individual Japanese people invest much less in stocks and shares than US people, therefore a large part of the investors are institutional. Another reason may be that individual transaction costs are pretty high in Japan, so that individual stock transactions need to be high, in order to set off the costs. This may all change in the future. (Note that Eurotechnology Japan K. K. does not recommend any investments, and you need to make your own research and decisions about investments.)
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- Japan's telecommunication industry overview: [report]
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