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.

• Net sales increased by JPY 174.6 billion year-on-year, with strong growth in both Japan and overseas segments.

• Comprehensive income attributable to shareholders increased 12.2% year-over-year to ¥345.8 billion.

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

• The company is advancing its AI-driven strategy and expanding next-gen infrastructure and AI solutions globally.

Financial highlights

• Operating revenues reached ¥3,617.7 billion, up ¥355.7 billion (+10.9%) year-over-year, with EBITDA at ¥836.2 billion (+4.3%).

• Operating profit rose by JPY 5.7 billion year-on-year, while net income decreased by JPY 0.8 billion.

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

• Total assets grew to ¥47,459.7 billion as of June 30, 2026.

• Net cash provided by operating activities was ¥574.5 billion, up ¥48.2 billion year-over-year.

Outlook and guidance

• Fiscal year ending March 31, 2027, forecasts operating revenues of ¥15,060.0 billion (+4.5%), operating profit of ¥1,710.0 billion (+0.2%), and profit attributable to shareholders of ¥980.0 billion (-5.5%).

• Solid start to the fiscal year, in line with earnings forecast.

• Focus remains on achieving quality growth through AI, productivity, and infrastructure investments.

• EBITDA target of 50% increase over five years, aiming for JPY 1.2 trillion by 2030.

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