1. Non-Consolidated Comparative Balance Sheets（Based on accounting principles generally accepted in Japan ）(Millions of yen)
Increase(Decrease)

March 31, 2010

September 30, 2010

521,075

519,807(1,268)

Antenna facilities

8,466

8,130(335)Terminal equipment

20,81321,360546

Local line facilities

838,843

836,129(2,714)

3,551

3,248

(303)

586,802581,811(4,991)

2,396

2,175

(220)

Buildings

432,441

424,964(7,476)

Construction in progress

32,574

31,673

(900)

Other

236,439

231,161(5,277)2,683,403

2,660,461(22,941)

96,68889,628(7,060)2,780,091

2,750,089(30,002)

205,022

205,848

826

(516)

(416)

99

204,505

205,432926

2,984,597

2,955,521(29,075)

124,065

80,372(43,693)

170

(17)

Accounts receivable, trade280,946

250,148(30,798)

Supplies

24,102

26,545

2,443

Other current assets

46,14975,03328,884

Allowance for doubtful accounts(2,399)(2,648)(248)

472,882

429,452(43,429)3,457,479

3,384,974(72,505)

ASSETS
Fixed assets:
Fixed assets - telecommunications businesses
Property, plant and equipment
Machinery and equipment

Long-distance line facilities
Engineering facilities
Submarine line facilities

Total property, plant and equipment
Intangible fixed assets
Total fixed assets - telecommunications businesses
Investments and other assets
Other investments and assets
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
Current assets:
Cash and bank deposits
Notes receivable

Total current assets
TOTAL ASSETS-1-(Millions of yen)
Increase(Decrease)

March 31, 2010

September 30, 2010

Long-term borrowings from parent company

966,527

931,813(34,714)

Liability for employees' retirement benefits

296,001

290,224(5,776)

Reserve for unused telephone cards

14,56014,840

280

-337

337

Other long-term liabilities

18,06017,015(1,045)

Total long-term liabilities

1,295,149

1,254,231(40,918)

Current portion of long-term borrowings from parent company

151,170

180,799

29,628

Accounts payable, trade84,54656,861(27,684)

Accrued taxes on income

1,093

819

(273)

Other current liabilities

417,879

376,013(41,865)

Total current liabilities

654,690

614,495(40,194)

1,949,839

1,868,726(81,113)

Common stock

312,000

312,000-

Capital surplus

1,170,054

1,170,054-

Earned surplus

25,52934,321

8,791

1,507,583

1,516,375

8,791

Net unrealized gains (losses) on securities

56

(127)

(183)

Total unrealized gains (losses), translation adjustments, and others

56

(127)

(183)

1,507,640

1,516,247

8,607

3,457,479

3,384,974(72,505)

LIABILITIESLong-term liabilities:

Asset retirement obligations

Current liabilities:

TOTAL LIABILITIES*NET ASSETS
Shareholders' equity:

Total shareholders' equity
Unrealized gains (losses), translation adjustments, and others:

TOTAL NET ASSETSTOTAL LIABILITIES AND NET ASSETS

Note: *NTT West participates in a consolidated tax return system, which has been adopted by NTT (Holding Company) and its wholly-owned
subsidiaries in Japan. However, except for a portion of the calculation of taxes, income taxes have not been calculated on a consolidated
basis in the quarterly financial statements.

-2-2. Non-Consolidated Comparative Statements of Income（Based on accounting principles generally accepted in Japan）(Millions of yen)Six months ended
Six months ended
September 30, 2009 September 30, 2010

Increase(Decrease)

Year ended
March 31, 2010

Telecommunications businesses:
Operating revenues

812,094

798,792(13,302)

1,622,163

Operating expenses

792,768

764,973(27,795)

1,597,993

Operating income from telecommunications businesses

19,32533,81814,49324,169Operating revenues

64,122

69,240

5,117

158,658

Operating expenses

65,75968,601

2,842

164,352

Operating income (losses) from supplementary businesses(1,636)

639

2,275

(5,693)

17,68934,457

16,76818,47543(0)9Dividends received

1,423

2,140

716

1,434

Lease and rental income

20,77622,428

1,651

40,730Miscellaneous income

2,318

2,005

(312)

8,988

Total non-operating revenues

24,523

26,5782,054

51,163

Interest expenses

8,713

8,208(505)

17,225

Lease and rental expenses

7,335

6,868

(467)

15,695

Miscellaneous expenses

1,416

1,196

(220)

6,379

Total non-operating expenses

17,466

16,273(1,192)39,300Recurring profit

24,74644,76220,01530,338

Income before income taxes

24,74644,76220,01530,338

10,967

6,267

5,494

33,795

13,747

24,844

Supplementary businesses:

Operating income
Non-operating revenues:
Interest income

Non-operating expenses:

Income taxes*Net income

4,699
20,047*Note: *NTT West participates in a consolidated tax return system, which has been adopted by NTT (Holding Company) and its wholly-owned subsidiaries in Japan.
However, except for a portion of the calculation of taxes, income taxes have not been calculated on a consolidated basis in the quarterly financial statements.

-3-(Millions of yen)Three months ended
September 30, 2009

Three months ended
September 30, 2010

Increase(Decrease)

Operating revenues

405,942

399,133(6,808)Operating expenses

392,752

381,321(11,430)

Operating income from telecommunications businesses

13,18917,811

4,621

Operating revenues

34,52240,2595,737

Operating expenses

35,94040,796

4,856

Operating losses from supplementary businesses(1,418)

(537)

880

11,771

17,273

5,502Interest income

11(0)Dividends received

340

Lease and rental income

10,29211,206

914

Miscellaneous income

832

1,013

180

11,131

12,226

1,095Interest expenses

4,382

4,127(255)

Lease and rental expenses

3,724

3,570

(153)

Miscellaneous expenses

593

548

(44)

8,700

8,246(453)

Recurring profit

14,202

21,253

7,050

Income before income taxes

14,202

21,253

7,050

5,429

2,123

15,824

4,927

Telecommunications businesses:

Supplementary businesses:

Operating income
Non-operating revenues:

Total non-operating revenues
Non-operating expenses:

Total non-operating expenses*Income taxes
Net income

3,306
10,896*Note: *NTT West participates in a consolidated tax return system, which has been adopted by NTT (Holding Company) and its wholly-owned subsidiaries in Japan.
However, except for a portion of the calculation of taxes, income taxes have not been calculated on a consolidated basis in the quarterly financial statements.

-4-

3. Business Results (Non-Consolidated Operating Revenues)（Based on accounting principles generally accepted in Japan ）(Millions of yen)Six months ended
September 30, 2010

Voice transmission services revenues(excluding IP services revenues)

409,533373,302(36,230)(8.8)

798,161Monthly charge revenues*

281,113

256,511(24,602)(8.8)

550,982

Call rates revenues*

39,32632,445(6,880)(17.5)

74,949Interconnection call revenues*

56,911

55,977

(933)

(1.6)

110,527

IP services revenues

255,022284,209

29,187

11.4

525,558

Leased circuit services revenues(excluding IP services revenues)

70,596

67,112(3,483)(4.9)

140,428

Telegram services revenues

11,71010,744

(965)

(8.2)

24,195

Other telecommunications services
revenues

65,232

63,421(1,810)(2.8)

133,818

Telecommunications total revenues

812,094

798,792(13,302)(1.6)

1,622,163

Supplementary business total revenues

64,122

69,2405,117

8.0

158,658

Total operating revenues

876,217

868,032(8,184)(0.9)

1,780,821*Partial listing only

-5-Increase(Decrease)

Percent
Increase(Decrease)

Six months ended
September 30, 2009

Year ended
March 31, 2010

(Millions of yen)Three months ended
September 30, 2010

Voice transmission services revenues(excluding IP services revenues)

202,844

184,825(18,019)(8.9)

Monthly charge revenues*

139,220

127,076(12,143)(8.7)

Call rates revenues*

19,307

15,934(3,372)(17.5)

Interconnection call revenues*

28,172

27,856

(316)

(1.1)

IP services revenues

130,043

143,847

13,804

10.6

Leased circuit services revenues(excluding IP services revenues)

35,07333,386(1,686)(4.8)

Telegram services revenues

5,239

4,804

(434)

(8.3)

Other telecommunications services
revenues

32,741

32,268

(473)

(1.4)

Telecommunications total revenues

405,942

399,133(6,808)(1.7)

Supplementary business total revenues

34,52240,259

5,737

16.6

Total operating revenues

440,464

439,392(1,071)(0.2)*Partial listing only-6-Increase(Decrease)

PercentIncrease(Decrease)

Three months ended
September 30, 2009

4. Non-Consolidated Comparative Statements of Cash Flows（Based on accounting principles generally accepted in Japan）(Millions of yen)Six months ended
September 30, 2009

Six months ended
September 30, 2010

Increase(Decrease)

Year ended
March 31, 2010

Income before income taxes

24,74644,76220,01530,338Depreciation and amortization

198,092188,946(9,145)394,191

7,173

7,769

596

20,997

Cash flows from operating activities:

Loss on disposal of property, plant and equipment
Increase (decrease) in liability for employees' retirement benefits

1,670(5,776)(7,447)(8,695)(Increase) decrease in accounts receivable

34,32431,870(2,454)

3,677

598

(4,436)(5,034)

3,810(66,048)(61,973)

4,075(1,339)(Increase) decrease in inventories
Increase (decrease) in accounts payable and accrued expenses
Increase (decrease) in accrued consumption tax2,169

939(1,230)

1,498

996

(9,334)(10,331)45,202

203,722

192,767(10,955)

489,681Interest and dividends received

1,429

2,145

716

1,445

Interest paid

(8,736)(8,228)508(17,766)

Other
Sub-total

Income taxes received (paid)

4,590(3,025)(7,615)2,578

201,005

183,658(17,347)

475,938(197,940)(199,227)(1,287)(385,574)

Proceeds from sale of property, plant and equipment

867

1,261

394

2,456

Payments for purchase of investment securities

(429)

-429

(429)

Proceeds from sale of investment securities

425

13(412)

450

Other

463

(1,023)(1,486)494(196,613)(198,976)(2,362)(382,603)

110,000

20,000(90,000)

140,000

Payments for settlement of long-term debt

(83,016)(25,085)

57,931(158,333)

Net increase (decrease) in short-term borrowings(33,994)

999

34,994(25,994)

Payments for settlement of lease obligations(7,575)

(918)

6,657

(8,951)Dividends paid

(13,004)(25,003)(11,999)(13,004)

Net cash provided by (used in) financing activities(27,591)(30,007)(2,416)(66,283)

Net increase (decrease) in cash and cash equivalents(23,198)(45,325)(22,126)

27,051

Cash and cash equivalents at beginning of period

106,470

133,522

27,051

106,470

Cash and cash equivalents at end of period

83,271

88,196

4,924

133,522Net cash provided by (used in) operating activities
Cash flows from investing activities:
Payments for property, plant and equipment

Net cash provided by (used in) investing activities
Cash flows from financing activities:
Proceeds from issuance of long-term debt-7-