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NTT DATA Group (9613) investor relations material
NTT DATA Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 and the nine months ended December 31, 2025, saw strong fee income in the data center segment, including one-off positive factors and gains on data center transfers, with overseas operations facing stretch targets and some downside risk, while domestic public sector performance was negative year-over-year.
Overseas business showed improvement in profit margins, aided by structural reforms and one-off factors, with North America and the UK seeing positive order trends.
Net sales and operating profit rose year-over-year, driven by large-scale project acquisitions in Japan and overseas.
New orders received increased 9.2% year-over-year, reflecting strong demand across segments.
Profit including non-controlling interests surged 140% year-over-year to ¥216.9 billion.
Financial highlights
Q3 included approximately JPY 5 billion in one-off data center fee income, with a nine-month total of about JPY 10 billion; an additional JPY 3 billion government subsidy was received in North America.
Net sales for the nine months reached ¥3,643.8 billion, up 6.9% year-over-year, and operating profit rose 62.8% to ¥384.2 billion, with margin improving to 10.5%.
Profit before tax increased to ¥323.8 billion, up ¥146.9 billion year-over-year.
Full-year net sales forecast revised to ¥4,910.7 billion, reflecting a lower-than-expected gain on DC transfer.
Capital investment for the period was ¥435.4 billion.
Outlook and guidance
Q4 is expected to have limited headroom for outperformance, especially overseas, but efforts are focused on achieving full-year targets.
Full-year operating profit forecast revised to ¥496.0 billion, reflecting a ¥26.0 billion shortfall in DC transfer gain.
Data center investment from FY2023 to FY2027 is projected to exceed JPY 1.5 trillion, with continued strong demand from hyperscalers.
Net sales for FY2025 expected to grow by ¥272.0 billion year-over-year.
No fixed plan for data center asset sales in FY2026; future deals will depend on market trends and liquidity needs.
- Strong FY2024 sales growth, with FY2025 profit gains expected despite FX headwinds.9613
Q4 2024 - Profit recovery and strong growth expected, driven by data center gains and new large-scale orders.9613
Q2 2026 - Slight profit decline, sharp income drop, and delisting as asset sales and restructuring proceed.9613
Q1 2026 - Sales and profit rose sharply, but FX effects reduced comprehensive income.9613
Q2 2025 - Net sales up 9.6% and new orders up 46.7% year-over-year, but profit declined 23.2%.9613
Q1 2025 - FY2026 profit is forecast to surge 61%, driven by data center and AI investments.9613
Investor Day 2025 - Record sales and profit, with major data center REIT and ownership changes ahead.9613
Q4 2025 - Profits and sales rose, driven by data center and cloud business growth.9613
Q3 2025
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