J:COM cable TV subscribers up 6.9% in 2011

Jupiter Telecommunications announces December 2011 subscriber figures

TOKYO, Japan — Jupiter Telecommunications Co., Ltd. (J:COM, JASDAQ: 4817), the largest multiple system operator (MSO) in Japan based on the number of customers served, has announced that the total subscribing households*1 as of December 31, 2011 served by J:COM’s 16 consolidated franchises*2 reached approximately 3.66 million, up 230,400 or 6.7% from December 31, 2010. Combined revenue generating units (RGUs) for cable television, high speed Internet access and telephony services reached approximately 6.92 million, up 560,400 or 8.8% from December 31, 2010. The bundle ratio*3 increased to 1.89 as of December 31, 2011 from 1.86 as of December 31, 2010.

Year-Over-Year Subscribing Household Comparisons:
(Rounded to the nearest hundred)

Total consolidated subsidiaries*2: 16 franchises; 51 systems:

                                            Revenue Generating Units (RGUs)
                             ---------------------------------------------------------
                                         High Speed                              Total
                                  Cable    Internet  Telephony        RGU  Subscribing
                             Television      Access       (*4)      Total   Households
                             ----------  ----------  ---------  ---------  -----------
As of December 31, 2011       2,875,400   1,826,200  2,216,400  6,918,000    3,656,500
As of December 31, 2010       2,691,000   1,695,900  1,970,700  6,357,600    3,426,100
Net increase year-over-year     184,400     130,300    245,700    560,400      230,400
Net increase as percentage         6.9%        7.7%      12.5%       8.8%         6.7%

APPENDIX

Subscribing figures as of December 31, 2011 (referential) based on the definitions below (1.and 2.) are as follows:

1. In the light of the industry’s common practice to include the BS digital retransmission subscribers as cable television service subscribers, J:COM includes pay terrestrial digital and BS digital retransmission service subscribers into cable television subscribers.

2. For service subscriptions under Bulk Discount Plan (Bulk Plan) for households residing in multi dwelling units, the number of subscriptions to cable television and high-speed Internet access services and the total subscribing households are calculated using multipliers based on discount rates from listing pricing applied to owners/management associations and residents, respectively. As below, the numbers of cable television, high-speed Internet access service subscribers and total subscribing households are counted based on the actual number of users. (Telephony subscriber numbers are already counted based on the actual number of users).

(Rounded to the nearest hundred)

                                            Revenue Generating Units (RGUs)
                             ---------------------------------------------------------
                                  Cable  High Speed                              Total
                             Television    Internet                   RGU  Subscribing
                                   (*5)      Access  Telephony      Total   Households
                             ----------  ----------  ---------  ---------  -----------
As of December 31, 2011       3,072,500   1,820,000  2,216,400  7,108,900    3,620,900
As of December 31, 2010       2,845,100   1,676,100  1,970,700  6,491,900    3,392,300
Net increase year-over-year     227,400     143,900    245,700    617,000      228,600
Net increase as percentage         8.0%        8.6%      12.5%       9.5%         6.7%

*1 Number of households subscribing to one or more of J:COM’s services
*2 Based on U.S. GAAP, J:COM includes subsidiaries, where it owns majority interest, in the consolidated accounts.
*3 Average number of services received per subscribing household
*4 The number of telephony service subscribers includes the number of Cable-plus Phone service subscribers offered by the former Cable-West group, the former Mediatti Communications group, and YOKOHAMA CABLE VISION Inc.
*5 Cable television service includes multi-channel service as well as terrestrial digital and BS digital retransmission services.