NTT (9432) investor relations material

Executive summary

• Operating revenues for the quarter ended June 30, 2026, rose 10.9% year-over-year to ¥3,617.7 billion, with operating profit up 4.9% to ¥425.1 billion and profit attributable to shareholders up 5.8% to ¥274.8 billion, marking record highs and a solid start to the fiscal year.

• Net sales increased by JPY 174.6 billion year-on-year, with operating profit up JPY 5.7 billion, while net income decreased by JPY 0.8 billion year-on-year.

• Comprehensive income attributable to shareholders increased 12.2% year-over-year to ¥345,754 million.

• Significant progress in global expansion, digital transformation, and sustainability initiatives, including disaster recovery and infrastructure resilience.

Financial highlights

• Operating revenues: ¥3,617.7B, up ¥355.7B (+10.9%) year-over-year; EBITDA: ¥836.2B, up ¥34.8B (+4.3%); operating profit: ¥425.1B, up ¥20.0B (+4.9%); profit attributable to parent: ¥274.8B, up ¥15.1B (+5.8%).

• Basic earnings per share increased to ¥3.38 from ¥3.14 year-over-year.

• Total assets grew to ¥47,459,702 million as of June 30, 2026.

• Net cash provided by operating activities was ¥574,494 million, up ¥48,239 million year-over-year.

• Dividend increased for the 16th consecutive year.

Outlook and guidance

• The company targets a 50% EBITDA increase over five years, aiming for JPY 1.2 trillion by 2030, with a 10% annual growth rate in revenue and profit.

• Fiscal year ending March 31, 2027, forecasts operating revenues of ¥15,060,000 million (+4.5%), operating profit of ¥1,710,000 million (+0.2%), and profit attributable to shareholders of ¥980,000 million (-5.5%).

• Data center business is expected to grow at 15%-25% per annum, with annual investments of JPY 400-500 billion planned over the next five years.

• Ongoing investments in AI, quantum computing, and sustainability to drive future growth.

• Dividend forecast for the year ending March 31, 2027, is ¥5.40 per share.