KDDI Announces Upward Revision of Parent Earnings for the Fiscal Year Ending March 2002

KDDI Corporation
President: Tadashi Onodera

KDDI Announces Upward Revision of Parent Earnings
for the Fiscal Year Ending March 2002

Tokyo July 24, 2001 -- KDDI announced it has revised its forecast for parent company earnings for the fiscal year ending March 31, 2002.

At the KDDI board meeting on July 24, 2001, KDDI decided to absorb its 100% subsidiary, au CORPORATION on October 1, 2001. This merger is the sole reason for this revised forecast. Since au is already KDDI's 100%-owned subsidiary there will be no effect on the group performance.

The original earnings forecast was released with the financial statements announced previously on May 18th, 2001.

2001.04.01～2002.03.31

Unit: Millions of yen, except for percentages

	Operating Revenues	Ordinary Income	Net Income
Previous forecast as of May 18th (A)	1,716,000	74,000	42,000
Revised forecast (B)	1,996,000	92,000	53,000
Amount of increase (B-A)	280,000	18,000	11,000
Rate of increase	16.3	24.3	26.2
Previous year's performance	1,151,552	53,064	26,540