Liberty Global 8-K Consolidated Quarterly Financial Results Release

EXHIBIT 99.1

(Translation from Japanese disclosure to JASDAQ)

October 28, 2005
[U.S. GAAP]

Consolidated Quarterly Financial Results Release

For the Nine Months Ended September 30, 2005

Jupiter Telecommunications Co., Ltd. (Consolidated)

Company code number: 4817 (URL http://www.jcom.co.jp/)
Shares traded: JASDAQ
Location of headquarters: Tokyo
Executive position of legal representative: Tomoyuki Moriizumi, Chief Executive Officer
Please address all communications to:

Koji Kobayashi, IR Office	Phone: +81-3-6765-8158 E-Mail: KobayashiKo@jupiter.jcom.co.jp
Hiroto Motomiya, Accounting Controlling	Phone: +81-3-6765-8140 E-Mail: MotomiyaH@jupiter.jcom.co.jp

1. Accounting Policy

	Adoption of any simplified accounting method		: No
‚	Accounting policy or method change from last		: No
	reporting period
ƒ	Changes of consolidated companies		: Yes
		Nos. of consolidated subsidiaries as of September 30, 2005: 19 (increased by 2 and decreased
		by 2 from Dec.31, 2004)
		Nos. of consolidated affiliates (equity method) as of September 30, 2005: 7 (increased by 1
		from Dec.31, 2004)

2. Consolidated operating results (From January 1, 2005 to September 30, 2005)

(1) Consolidated financial results

(In millions of yen, with fractional amounts rounded)
	Revenue				Operating income
	(Millions of yen)		%		(Millions of yen)		%
September 30, 2005		133,413		12.7		17,705		(3.3	)
September 30, 2004		118,382		—		18,307		—
[Ref] Annual forecast 2005		185,000		14.7		27,000		19.5
December 31, 2004		161,346		—		22,592		—

							Net income per share,
	Net income				Net income per share		(diluted)
	(Millions of yen)		%		(Yen)		(Yen)
September 30, 2005		13,969		23.2		2,332.90		2,326.73
September 30, 2004		11,342		—		2,373.46		2,373.46
[Ref] Annual forecast 2005		19,000		75.6		3,125.24		—
December 31, 2004		10,821		—		2,221.47		2,221.47

(Notes)

1. The percentages shown next to revenue, operating income and net income represent year-on-year changes.

2. Average number of outstanding shares during term (consolidated):

Basic
	September 2005 interim term: 5,987,696 shares December 2004 term: 4,871,169 shares	September 2004 interim term: 4,778,865 shares
Diluted
	September 2005 interim term: 6,003,572 shares	September 2004 interim term: 4,778,865 shares
	December 2004 term: 4,871,169 shares

1

3. For annual forecast 2005, there is no change from the last disclosure.

4. Weighted average per share diluted for the third quarter 2005 includes outstanding stock options and over-allotment options.

(2) Consolidated financial position

					Equity capital ratio to		Shareholders’ equity
	Total assets		Shareholders’ equity		total assets		per share
	(Millions of yen)		(Millions of yen)		%		(Yen)
September 30, 2005		501,358		246,046		49.1		38,699.56
December 31, 2004		439,291		138,370		31.5		26,888.43

(Notes)
Number of outstanding shares at end of term (consolidated):

     September 2005 interim term: 6,357,870 shares

     December 2004 term: 5,146,074 shares

(3) Consolidated cash flow statement

	Cash flows from		Cash flows from			Cash flows from			Balance of cash & cash
	operating activities		investing activities			financing activities			equivalents
	(Millions of yen)		(Millions of yen)			(Millions of yen)			(Millions of yen)
September 30, 2005		42,917		(41,249	)		25,867			37,955
September 30, 2004		38,788		(26,892	)		(11,020	)		8,662

2

3.  Business Results and Financial Conditions

(1) Business Results (comparisons are year-on-year)

During the nine months ended September 30, 2005, the Jupiter Telecommunications consolidated Group (J:COM) steadily executed its growth strategies, “Volume plus Value” strategy, pursuing economy of scale (expanding volume) while enhancing the attractiveness of the group’s services (increasing value).

In terms of volume strategy, the J:COM group strengthened its sales and marketing capabilities by increasing the number of its direct sales representatives to approximately 2,000, which cover the densely populated areas of the Kanto, Kansai and Kyushu regions, and also Sapporo. The J:COM group also endeavored to provide a higher level of training to sales personnel, and actively promoted bulk contracts with MDUs called “J:COM IN THE ROOM,” promising product to convert MDUs into a stable revenue source.

J:COM also concentrated resources on extending its network in order to increase the number of homes passed (“homes passed” refers to the number of households that can be connected through lines that have been laid for cable television, high-speed Internet access and telephony). In addition, the group, on September 30, purchased all the shares of Odakyu Telecommunication Services Co., Ltd. (“Odakyu Cable Vision”), which operates in areas close to its own stations in the central Kanto region. On July 29, the group made an investment in Japan Digital Service Corp. (JDS), an operator of a broad-area distribution network for cable television providers. Consequently, starting this autumn the J:COM group is scheduled to begin using the nationwide optical transmission network that JDS is developing in the Tokyo-Nagoya-Osaka-Fukuoka corridor, enabling the J:COM group to offer CS digital programming to its digital service subscribers without relying on satellites. In concert with JDS, the J:COM group will build a platform that enables cable television operators to provide highly individualized programming, which ranges from CS high-definition broadcasting to shows with local content.

As to value strategy, with the aim of increasing ARPU (average revenue per unit) and reducing churn rates, J:COM further promoted to offer bundled service, in which the three services provided by the group (J:COM TV, J:COM NET, and J:COM PHONE) are combined into a single package. The group promoted subscription to J:COM TV Digital service and the shift to the digital services from analog, while it begun a video-on-demand (VOD) service (J:COM On Demand) through all of its managed franchises from July 1, 2005. For customers who require even higher-speed Internet access, the group has introduced a new service called “J:COM NET Hikari” with access speed of up to 100Mbps to residents of MDUs. Starting this April, J:COM Sapporo, which did not have telephony service before, begun offering fixed-line primary telephony services based on IP technologies.

Customers connected of our Consolidated Group, excluding Odakyu, has increased by 152,600 (8.9%) to 1,865,000 as of September 30, 2005. Breakdown per services are as follows: cable TV increased by 114,600 (7.9%) to 1,574,400 households, their of digital services are 494,300 households which is 3.2 times compared to September 30, 2004 and occupy 31.4% of cable TV. High-speed Internet access and telephony services, increased by 112,000 (16.5%) to 791,700 and by 177,900 (26.3%) to 854,400 households, respectively. The RGU per customer also increased, standing at 1.73 compared to 1.64 as of the end of the nine-month period to September 2004.

3

As a result of subscriber growth, subscription fees increased by 15% (by ¥15,513 million) to ¥119,344 million. Other revenue decreased by 3% (by ¥482 million) to ¥14,069 million for the nine months ended September 30, 2005. This decrease was primarily due to lower installation fees charged by the Company in conjunction with marketing campaigns. As a result, total revenue increased by 13% (by ¥15,031 million) to ¥133,413 million.

Operating and programming costs increased by 13% (by ¥6,292 million) to ¥54,814 million. This increase was primarily the result of increased programming costs and network operating and maintenance expenses associated with the increase in the number of subscribers of our franchises. Selling, general and administrative expenses increased by 17 %(by ¥3,915 million) to ¥26,756 million. This increase was primarily attributable to an increase in sales related headcount and associated labor costs to provide for the future expansion of service area and to support M&A activity. This increase was also due to an increase in advertising and marketing expenses in order to promote the J:COM brand. Stock compensation expense increased by ¥2,582 million to ¥2,651 million. This increase was primarily attributable to the increase in our stock price since our IPO in March 2005, compared to the applicable exercise price of stock options issued to our management and staff. Depreciation and amortization expenses increased by 10%(¥2,844 million) to ¥31,487 million. The increase was primarily attributable to additions to the fixed assets related to the installation of services to new customers, and the expansion and upgrade of our network. As a result, operating income decreased by 3% (¥602 million) to ¥17,705 million.

Other income (expense), primary comprised of interest expense, decreased by 31% (by ¥1,739 million) to ¥3,861 million. This decrease was primarily due to the repayment of our ¥50,000 million subordinated loan facility following our successful initial public offering. As a result, income before income tax was increased by 7% (by ¥914 million) to ¥13,656 million.

Net income for the nine months ended September 30, 2005, increased by 23% (by ¥2,626 million) to ¥13,969 million primarily due to recognition of reversal of valuation allowance.

(2) Financial situation

As of September 30, 2005, cash and cash equivalents balance was ¥37,955 million, an increase of 338% (of ¥29,293 million) compared to cash to September 30, 2004.

The following is a summary of cash flow during the interim period ended September 30, 2005.

Cash Flows from Operating Activities

Net cash provided by operating activities amounted to ¥42,917 million, an increase of ¥4,129 million compared to net cash provided in the previous period of ¥38,788 million. This was primarily the result of a ¥4,824 million increase in operating income before depreciation, amortization and non-cash stock compensation charges.

Cash Flows from Investing Activities

Net cash used in investing activities amounted to ¥41,249 million, an increase of ¥14,357 million compared to net cash used in the previous period of ¥26,892 million. This was primarily the result of a ¥12,651 million increase in amounts spent on acquisitions of new consolidated subsidiaries.

4

Cash Flows from Financing Activities

Net cash provided by financing activities amounted to ¥25,867 million, an increase of ¥36,887 million compared to net cash used in the previous period of ¥11,020 million. The Company raised ¥90,980 million from the proceeds on the issuance of the common stock and repaid ¥59,032 million in long-term and short-term debt and ¥8,885 million of principal on its capital leases.

(3) Forecasts for the year ending December 2005

There is no change to our forecast in this quarter.

(Cautionary note regarding future-related information)

The forecasts contained in this report have been prepared on the basis of information that is currently available. Because such estimates are inherently very uncertain, actual results may differ from the forecasts. The Company does not guarantee that it will achieve these estimated results and advises readers to refrain from depending solely on these forecasts. Readers should also note that the Company is under no obligation to revise this information on a regular basis.

5

Consolidated interim Financial Statements

JUPITER TELECOMMUNICATIONS CO., LTD.
AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

(YEN IN MILLIONS, EXCEPT SHARE AND PER SHARE AMOUNTS)

	Nine months			Nine months ended			Change						12 months ended
	ended September 30, 2005			September 30, 2004									Dec. 31, 2004
Account	Amount			Amount			Amount			(%)			Amount
Revenue:
Subscription fees		119,344			103,830			15,513			14.9			140,826
Other		14,069			14,552			(482	)		(3.3	)		20,520
		133,413			118,382			15,031			12.7			161,346
Operating costs and expenses
Operating and programming costs		(54,814	)		(48,522	)		(6,292	)		(13.0	)		(66,570	)
Selling, general and administrative		(26,756	)		(22,841	)		(3,915	)		(17.1	)		(31,527	)
Stock compensation		(2,651	)		(69	)		(2,582	)					(84	)
Depreciation and amortization		(31,487	)		(28,643	)		(2,844	)		(9.9	)		(40,573	)
		(115,708	)		(100,075	)		(15,633	)		(15.6	)		(138,754	)
Operating income		17,705			18,307			(602	)		(3.3	)		22,592
Other income :
Interest expense, net:
Related parties		(727	)		(3,231	)		2,504			77.5			(4,055	)
Other		(3,411	)		(2,428	)		(983	)		(40.5	)		(6,046	)
Other income, net		277			59			217			368.4			37
Income before income taxes and other items		13,844			12,707			1,136			8.9			12,528
Equity in earnings of affiliates		301			478			(177	)		(36.9	)		610
Minority interest in net (income) losses of consolidated subsidiaries		(489	)		(443	)		(46	)		(10.3	)		(458	)
Income before income taxes		13,656			12,742			914			7.2			12,680
Income taxes		313			(1,400	)		1,713						(1,859	)
Net income		13,969			11,342			2,626			23.2			10,821
Per Share data
Net income per share – basic		2,332.90			2,373.46			(40.56	)		(1.7	)		2,221.47
Net income per share – diluted		2,326.73			2,373.46			(46.73	)		(2.0	)		2,221.47
Weighted average number of ordinary shares outstanding – basic		5,987,696			4,778,865			1,208,831			25.3			4,871,169
Weighted average number of ordinary shares outstanding – diluted		6,003,572			4,778,865			1,224,707			25.6			4,871,169

(Note)1

Fractional rounded makes some differences with sum of breakdown and total in Change column.

6

(Note)2

To unify the financial statements of subsidiaries of Liberty Global, Inc. the Company reclassified certain expenses from “sales, general and administrative expenses” to “operating and programming costs” for all periods presented. These reclassifications resulted in¥9,236 million (7.8% of revenues) and¥12,700 million (7.9% of revenues) being moved from the former to the latter category for the nine-month period ended September 2004 and for the year ended 2004, respectively. The main expenses subject to reclassification were subscriber billing costs and customer center-related expenses.

7

JUPITER TELECOMMUNICATIONS CO., LTD.
AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(YEN IN MILLIONS)

	September 30, 2005			December 31, 2004			Change
Account	Amount			Amount			Amount
Current assets:
Cash and cash equivalents		37,955			10,420			27,534
Accounts receivable		8,880			8,823			57
Loans to related party		—			4,030			(4,030	)
Prepaid expenses and other current assets		5,650			4,099			1,551
Total current assets		52,485			27,372			25,112
Investments:
Investments in affiliates		4,443			3,773			670
Investments in other securities, at cost		2,891			2,901			(11	)
		7,334			6,674			659
Property and equipment, at cost:
Land		1,796			1,796			—
Distribution system and equipment		380,855			344,208			36,647
Support equipment and buildings		17,234			12,613			4,622
		399,885			358,617			41,269
Less accumulated depreciation		(133,390	)		(108,614	)		(24,776	)
		266,495			250,003			16,493
Other assets:
Goodwill, net		151,548			140,659			10,889
Other		23,496			14,583			8,913
		175,044			155,242			19,802
		501,358			439,291			62,067

8

	September 30, 2005			December 31, 2004			Change
Account	Amount			Amount			Amount
Current liabilities:
Short-term loans		1,334			250			1,084
Long-term debt—current portion		10,772			5,386			5,386
Capital lease obligations—current portion
Related parties		8,721			8,237			484
Other		1,430			1,292			138
Accounts payable		17,209			17,164			45
Accrued expenses and other liabilities		7,827			6,156			1,672
Total current liabilities		47,293			38,485			8,808
Long-term debt, less current portion		136,123			194,088			(57,965	)
Capital lease obligations, less current portion:
Related parties		23,059			19,715			3,344
Other		2,798			2,561			237
Deferred revenue		43,693			41,699			1,993
Severance and retirement allowance		166			2,719			(2,553	)
Redeemable preferred stock of consolidated subsidiary		500			500			—
Other liabilities		143			180			(37	)
Total liabilities		253,775			299,947			(46,173	)
Minority interests		1,537			974			563
Shareholders’ equity:
Ordinary shares no par value		114,242			78,133			36,109
Additional paid-in capital		195,458			137,931			57,527
Accumulated deficit		(63,717	)		(77,686	)		13,969
Accumulated other comprehensive loss		63			(8	)		72
Treasury stock		(0	)		—			(0	)
Total shareholders’ equity		246,046			138,370			107,677
		501,358			439,291			62,067

(Note)

Fractional rounded makes some differences with sum of breakdown and total in Change column.

9

JUPITER TELECOMMUNICATIONS CO., LTD.
AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(YEN IN MILLIONS)

	Nine months ended			Nine months ended			12 months ended
	September 30, 2005			September 30, 2004			Dec. 31, 2004
Classification	Amount			Amount			Amount
Cash flows from operating activities:
Net income		13,969			11,342			10,821
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		31,487			28,643			40,573
Equity in earnings of affiliates		(301	)		(478	)		(610	)
Minority interest in net income of consolidated subsidiaries		489			443			458
Stock compensation expenses		2,651			69			84
Deferred income taxes		(1,798	)		108			46
Provision for retirement allowance		(2,579	)		420			648
Changes in operating assets and liabilities, excluding effects of business combinations:
(Increase)/decrease in accounts receivable, net		422			(332	)		(431	)
(Increase)/decrease in prepaid expenses and other current assets		(1,479	)		(1,674	)		5
(Increase)/decrease in other assets		(315	)		(425	)		2,444
Increase/(decrease) in accounts payable		930			(4,767	)		(1,185	)
Increase/(decrease) in accrued expenses and other liabilities		630			5,798			40
Increase/(decrease) in deferred revenue		(1,189	)		(359	)		(381	)
Net cash provided by operating activities		42,917			38,788			52,512
Cash flows from investing activities:
Capital expenditures		(23,669	)		(22,974	)		(31,793	)
Acquisition of new subsidiaries, net of cash acquired		(13,094	)		(443	)		(443	)
Investments in and advances to affiliates		165			19			(360	)
Decrease in restricted cash		—			1,460			1,773
Loans to related party		—			—			(4,030	)
Acquisition of minority interest in consolidated subsidiaries		(4,017	)		(4,958	)		(4,960	)
Other investing activities		(634	)		4			(69	)
Net cash used in investing activities		(41,249	)		(26,892	)		(39,882	)

10

(YEN IN MILLIONS)

	Nine months ended			Nine months ended			12 months ended
	September 30, 2005			September 30, 2004			Dec. 31, 2004
Classification	Amount			Amount			Amount
Cash flows from financing activities:
Proceeds from issuance of common stock		90,980			30,000			30,000
Net increase in short-term loans		1,084			—			250
Proceeds from long-term debt		1,720			5,302			185,302
Principal payments of long-term debt		(59,032	)		(38,245	)		(210,098	)
Principal payments under capital lease obligations		(8,885	)		(8,077	)		(11,887	)
Other financing activities		—			—			(3,563	)
Net cash provided by (used in) financing activities		25,867			(11,020	)		(9,996	)
Net increase in cash and cash equivalents		27,535			876			2,634
Cash and cash equivalents at beginning of year		10,420			7,786			7,786
Cash and cash equivalents at end of term		37,955			8,662			10,420

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Segment Information

(1)	Operating segments
	The Jupiter Telecommunications Group (the Company and its consolidated subsidiaries) has determined it has one reportable segment “Broadband services”. Therefore, information on operating segments are omitted in this section.
(2)	Segment information by region
	Because the Company does not have any overseas subsidiaries or branches, this section is not applicable.

12

October 28, 2005
Jupiter Telecommunications Co., Ltd.

Highlight of 2005 3Q Results (1/2)

	Unit: Yen in 100 million(rounding in 10 million yen )
	Nine months			Nine months									2005 FY			2004 FY
	ended			ended			Change						estimation			result
Consolidated Income *1	September 30,			September 30,									(achieve-			(estimate			Explanation of changes
	2005			2004				Amount		%			ment)			vs. 2004)
Revenue:
Subscription fees		1,193			1,038				155		15	%							Revenue breakdown: CableTV 623(+59up, or +10%), Internet 346(+51up, or +17%), Phone 225(+45up, or+25%)
Other		141			146				Δ5		Δ3	%							Install revenue decreased due to marketing campaign
Total		1,334			1,184				150		13	%		1,850			1,613
Operating costs and expenses:														(72	)%		(15	)%
Operating & programming costs		Δ548			Δ485				Δ63		Δ13	%							In line with increase of RGU, programming costs, network maintenance costs.
Selling, general & administrative		Δ268			Δ228				Δ39		Δ17	%							Headcount increase in sales force to provide for expansion of service area, branding expense, etc
Adjusted EBITDA		518			470				48		10	%		725			632
Stock compensation		Δ27			Δ1				Δ26					(71	)%		(15	)%	Fair value exceeded exercisable price
Depreciation & amortization		Δ315			Δ286				Δ28		Δ10	%							Increase of installation equipments
Operating income		177			183				Δ6		Δ3	%
Other income (expense):
Interest expense, net		Δ41			Δ56				15		27	%							Debt repayment of 300 in August 04 by capital increase & 500 in March 05 by IPO.
Other income (expense), net		3			1				2		368	%
Income before tax, equity, minority		138			127				11		9	%
Equity in earnings of affiliates		3			5				Δ2		Δ37	%
Minority interest in net income		Δ5			Δ4				Δ0		Δ10	%
Income before income taxes		137			127				9		7	%
Income taxes		3			Δ14				17										Reversal of valuation allowance(39)
Net income		140			113				26		23	%		190			108
														(74	)%		(76	)%
Adjusted EBITDA margin		39	%		40	%		Δ1pts				%
Capital expenditures		237			230				7		3	%
Capital Lease expenditure		112			95				17		18	%
Total		349			325				24		7	%

	Nine months		Nine months
	ended		ended				As of			As of
Cash Flows	September 30,		September 30,			Assets and Liabilities   *1	September			December			Changes
	2005		2004				30, 2005			31, 2004
Cash provided by operating activities		429		388	Improvement of EBITDA(518)	Total Assets		5,014			4,393			621
Cash used in investing activities		Δ412		Δ269	Capital expenditure (237) and Acquisition of new subsidiaries (131) etc.	Equity		2,460			1,384			1,076
Free Cash Flow*2		80		64	(Cash provided operating activities 429) — (Capital expenditure 237) — (Capital lease 112)	Equity capital ratio to total assets		49	%		32	%	17pts up
Cash generated from financing activities		259		Δ110	Proceeds on the issuance of common stock (+910), Repayment (+679 incl. capital lease principal payments)	Debt (including capital lease obligations)		1,842			2,315			Δ473
Increase (decrease) of cash		275		9		Net Debt		1,463			2,211			Δ748
						D/E Ratio (Net)		0.59			1.60		1.01pts up

*1:Financial data of Odakyu is reflected in Assets and Liabilities, but not in Consolidated Income.

That of CTK is no impact to neither Assets and Liabilities nor Consolidated Income.

*2:Free Cash Flow=(Cash provided by operating activities)—(Capital expenditures)—(Capital lease expenditures)

13

Jupiter Telecommunications Co., Ltd.

Highlight of 2005 3Q Results (2/2)

							(Reference)
	As of		As of				As of
Jcom Group	September 30,		December 31,		Change		September 30,			Explanation of changes
	2005		2004				2004
Consolidated subsidiaries										Increase(2) - Chofu (Feb. '05), and Odakyu (Sept '05)
Franchises		16		16		0		17	(a)	Decrease(2) - Three subsidiaries (Super Network U, Cable Network
Others		3		3		0		2		Yachiyo and Kisarazu Cable Television) merged to create J:COM Chiba (Apr. '05)
total		19		19		0		19	(1)	Others(3) - @NH, J-Finance, and TEC-J
Equity-method affiliates
Franchises		2		2		0		2	(b)	Franchises (2) - FCN (Fukuoka) and Shimonoseki
Others		5		4		1		3		Increase (1) - JDS (July ’05)
total		7		6		1		5	(2)	Others(5) - CTK*3, Green City CATV, KMS, Jupiter VOD, and JDS
Other franchises		0		1		Δ1		1	(c)	Decrease (1) - Chofu (to subsidiaries, Feb ’05)
Group total ((1)+(2))		26		25		1		24
Franchise ((a) +(b)+(c))		18		19		Δ1		20

									(Reference)
	As of			As of					As of
Operating Data	September 30,			December 31,			Change		September 30,			Explanation of changes
	2005			2004					2004
RGU — managed franchises*4
CATV		1,684,900			1,592,500			92,400		1,569,000
(Digital CATV)		518,700			243,500			275,200		163,000
High-speed internet		837,700			751,600			86,100		721,100
Telephony		909,900			773,000			136,900		718,600
Total RGU		3,432,500			3,117,100			315,400		3,008,700
Customers connected		1,996,100			1,873,000			123,100		1,838,600
RGU per customer		1.72			1.66			0.06		1.64
Customers homes passed		7,303,100			6,861,700			441,400		6,829,100
Rate of taking all 3 services		21.8	%		19.1	%	2.7pts up			17.8	%

	Nine months		Nine months
	ended		ended
	September 30,		September 30,
	2005		2004		Change		Explanation of changes
Average franchise revenue		7,444		7,025		419	Due to increase in average RGU per customer and increase in ratio of
per customer per month(yen)*4		*5		*6			digital and internet 30M
Monthly churn rate*7
CATV		1.3		1.4		Δ0.1
High-speed internet		1.3		1.2		0.1
Telephony		0.8		0.8		0.0

(Reference)

								(Reference)									(Reference)
Consolidated Franchise Only		As of		As of				As of		J:COM Chofu	As of		As of				As of
		September 30,		December 31,		Change		September 30,			September 30,		December 31,		Change		September 30,
		2005		2004				2004			2005		2004				2004
	RGU									RGU
	CATV		1,574,400		1,482,600		91,800		1,459,800	CATV		33,700		29,900		3,800		28,700
	(Digital CATV)		494,300		232,000		262,300		155,600	(Digital CATV)		14,000		6,200		7,800		3,800
	High-speed internet		791,700		708,600		83,100		679,700	High-speed internet		11,400		9,800		1,600		9,200
	Telephony		854,400		726,500		127,900		676,500	Telephony		0		0		0		0
	Total RGU		3,220,500		2,917,700		302,800		2,816,000	Total RGU		45,100		39,700		5,400		37,900
	Customers connected		1,865,000		1,744,800		120,200		1,712,400	Customers connected		37,200		32,900		4,300		31,500
	RGU per customer		1.73		1.67		0.06		1.64
	Customers Homes Passed		6,717,100		6,287,800		429,300		6,262,500

*3:	CTK will become consolidated subsidiaries of J:COM from Nov 7, 2005.
*4:	Managed franchise data at December 31, 2004 excludes Chofu, with which we had a management agreement, but in which we did not have an equity investment until 2005. The data at September 30, 2005 includes FCN and Shimonoseki, but excludes Odakyu.
*5:	Actual results for January — September, 2005
*6:	Actual results for January — September, 2004
*7:	Monthly churn rate=number of cancellation÷average customers connected÷number of months

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