Attachment 4


NON-CONSOLIDATED STATEMENT OF CASH FLOWS


(Based on Japanese Accounting Principles)


NON-CONSOLIDATED STATEMENT OF CASH FLOWS
Note:Yen amounts have been translated, for convenience only, at 106 yen=US1.00 dollar, the approximate exchange rate on March 31, 2000. Fractions are rounded down.
The above figures represent the results after the business transfer from Nippon Telegraph and Telephone Corporation.



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