NTT DoCoMo DCM reported fiscal year-end results that were generally in line with our expectations, but margin guidance for this year was lower than we anticipated. We have put our fair value estimate under review as we revise our model projections. There is no change to our economic moat rating. Revenue grew 5.4% year over year, a bit below our projection of 6.5%. DoCoMo increased … Continue reading DoCoMo Reports In-Line Fiscal 4Q, but Provides Lower Guidance; Under Review