February 6, 2013

FOR IMMEDIATE RELEASE

Financial Statements for the Nine Months Ended December 31, 2012
The results of Nippon Telegraph and Telephone West Corporation (NTT West)for the nine months ended December 31, 2012 are presented in thefollowing attachments.
(Attachments)
1. Non-Consolidated Comparative Balance Sheets
2. Non-Consolidated Comparative Statements of Income
3. Business Results (Non-Consolidated Operating Revenues)

For inquiries, please contact:
Takashi Sasaki or Yusuke Umeda
Accounting Section, Finance Division
Nippon Telegraph and Telephone West Corporation
Tel: +81-6-4793-3141
E-mail: kessan-info@west.ntt.co.jp

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

March 31, 2012

December 31, 2012

485,967

473,729(12,238)

7,158

6,953

(204)

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

21,18820,680(508)

Local line facilities

892,312903,293

10,980Long-distance line facilities
Engineering facilities
Submarine line facilities

2,858

2,665

(193)

571,763561,711(10,052)

2,427

2,062

(364)

Buildings

397,185

380,038(17,146)

Construction in progress

31,14726,361(4,786)

Other
Total property, plant and equipment
Intangible fixed assets
Total fixed assets - telecommunications businesses

229,033

224,036(4,996)

2,641,042

2,601,532(39,509)

77,02469,853(7,170)2,718,066

2,671,386(46,680)

154,493

156,699

2,206(352)

(285)

66

Investments and other assets
Other investments and assets
Allowance for doubtful accounts
Total investments and other assets

154,140

156,4132,272

2,872,207

2,827,799(44,407)103,362

14,341(89,020)

1915

(3)

Accounts receivable, trade291,480

207,103(84,376)

Supplies

35,212

34,321(891)

Other current assets

44,965150,304

105,338

Allowance for doubtful accounts(2,840)(1,285)

1,554

Total fixed assets
Current assets:
Cash and bank deposits
Notes receivable

Total current assets
TOTAL ASSETS-1-

472,199404,800(67,399)

3,344,407

3,232,600(111,807)

(Millions of yen)
Increase(Decrease)

March 31, 2012

December 31, 2012

Long-term borrowings from parent company

960,947

892,507(68,440)

Liability for employees' retirement benefits

1,131

LIABILITIESLong-term liabilities:

224,695

225,826

Reserve for point services

5,093

6,061

967

Reserve for unused telephone cards

13,48012,359(1,120)Asset retirement obligations

305

308

3

Other long-term liabilities

13,636

11,191(2,444)

Total long-term liabilities

1,218,158

1,148,255(69,902)

Current portion of long-term borrowings from parent company

133,151

201,364

68,212

Accounts payable, trade74,124

46,397(27,726)

Short-term borrowings

30,00025,000(5,000)761(76)Current liabilities:

Accrued taxes on income

838

Asset retirement obligations

39-(39)367,111

299,139(67,972)

Other current liabilities
Total current liabilities
TOTAL LIABILITIES*

605,265

572,662(32,602)

1,823,423

1,720,918(102,505)-

NET ASSETS
Shareholders' equity:
Common stock

312,000

312,000

Capital surplus

1,170,054

1,170,054-

Earned surplus

38,90529,621(9,283)

1,520,959

1,511,675(9,283)24

6(17)Total shareholders' equity
Unrealized gains (losses), translation adjustments, and others:
Net unrealized gains (losses) on securities
Total unrealized gains (losses), translation adjustments, and others
TOTAL NET ASSETSTOTAL LIABILITIES AND NET ASSETS

24

6(17)

1,520,983

1,511,682(9,301)

3,344,407

3,232,600(111,807)

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)
Nine months ended
December 31, 2011

Nine months ended
December 31, 2012

Increase(Decrease)

Year ended
March 31, 2012

Operating revenues

1,154,319

1,114,541(39,778)

1,537,887

Operating expenses

1,126,833

1,103,516(23,317)

1,508,068

27,485

11,024(16,460)

29,819Operating revenues

93,355

94,049693

138,460

Operating expenses89,019

86,784(2,235)

131,236

Telecommunications businesses:

Operating income from telecommunications businesses
Supplementary businesses:

Operating income from supplementary businesses
Operating income

4,336

7,264

2,928

7,223

31,821

18,289(13,532)

37,043Non-operating revenues:
Interest income

46

18

Dividends received

1,159

857(302)

1,160

Lease and rental income

29,10427,895(1,209)38,660Miscellaneous income

2,142

4,078

1,935

4,826

Total non-operating revenues

32,411

32,837425

44,656

Interest expenses

11,903

11,350(553)

15,732

Lease and rental expenses

11,60812,558949

17,032588

440(148)

6,572

Non-operating expenses:

Miscellaneous expenses

24,101

24,348247

39,337

Recurring profit

Total non-operating expenses

40,132

26,778(13,354)

42,361

Income before income taxes

40,132

26,778(13,354)

42,361

4,862(16,865)

21,867

21,916

3,511

20,493

Income taxes*

21,727

Net income

18,404*

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-3. Business Results (Non-Consolidated Operating Revenues)（Based on accounting principles generally accepted in Japan ）(Millions of yen)
Nine months ended
December 31, 2012

Voice transmission services revenues(excluding IP services revenues)

491,891

441,369(50,522)(10.3)

646,816Monthly charge revenues*

347,104

315,703(31,400)(9.0)

457,610Call rates revenues*

39,39333,711(5,681)(14.4)

51,162

Interconnection call revenues*

69,113

61,691(7,422)(10.7)

90,242IP services revenues

468,306

493,881

25,574

5.5

629,402

Leased circuit services revenues(excluding IP services revenues)

94,057

84,571(9,486)(10.1)

125,491

Telegram services revenues

15,06013,733(1,327)(8.8)

20,282Other telecommunications services
revenues

85,00280,985(4,016)(4.7)

115,894

1,154,319

1,114,541(39,778)(3.4)

1,537,887

93,355

94,049693

0.7

138,460

1,247,675

1,208,590(39,085)(3.1)

1,676,348

Telecommunications total revenues

Supplementary business total revenues

Total operating revenues*Partial listing only.

-4-Increase(Decrease)

Percent
Increase(Decrease)

Nine months ended
December 31, 2011

Year ended
March 31, 2012