TOKYO--(BUSINESS WIRE)-- #NTT--NTT and Mitsubishi Heavy Industries Group demonstrated the world's most efficient optical wireless power transmission under atmospheric interference. ...

Group 1 - NTT has announced a significant acquisition of NTT Data Group Corp. for 2.37 trillion yen (approximately 16.3 billion USD), aimed at enhancing its artificial intelligence strategy and simplifying its corporate structure [1] - The acquisition settlement is set to begin on June 26, with NTT currently holding about 58% of NTT Data's shares and offering 4,000 yen per share for the remaining shares to take the company private [1] - As one of the largest data center operators globally, the acquisition will position artificial intelligence as a core business for NTT Group, facilitating expansion in global markets [1] Group 2 - The Japanese government holds about one-third of NTT's shares and is promoting the development of domestic AI platforms to compete with international players like OpenAI and China's DeepSeek, with NTT competing alongside KDDI and SoftBank in the growing AI sector [1] - This acquisition reflects the regulatory pressure faced by Japanese corporate groups, as regulators urge companies to streamline their structures, particularly in light of warnings from the Tokyo Stock Exchange regarding listed parent-subsidiary structures [1] - Following NTT's move, NEC Group has completed the acquisition of its subsidiary NEC Networks and System Integration, and Toyota's chairman has also planned to acquire Toyota Industries, suggesting a trend of consolidation among Japanese companies [2]

据报道，日本电报电话公司(NTT)将通过收购要约使日本电信电话子公司NTT数据(NTT DATA)成为其全 资子公司。(智通财经) ...

智通财经5月8日电，据报道，日本电报电话公司（NTT）将通过收购要约使日本电信电话子公司NTT数 据（NTT DATA）成为其全资子公司。 ...

Financial Data and Key Metrics Changes - Operating revenue increased by JPY 332.9 billion, reaching JPY 10,049.7 billion, marking a record high for the third quarter, driven by growth in domestic and global revenue, particularly from the Smart Life Business at Docomo [10][129] - Operating profit decreased by JPY 87 billion to JPY 1,399.2 billion, attributed to declines in communication service revenues in mobile and fixed line segments, and increased marketing expenses [11][130] - Net profit was JPY 850.7 billion, down JPY 160.4 billion year-on-year due to declining operating profit and a rebound from gains on stock sales from the previous year [13][132] - EBITDA was JPY 2,552.5 billion, down JPY 19.2 billion year-on-year due to the decline in operating profit [12][131] Business Segment Data and Key Metrics Changes - Integrated ICT business segment showed year-on-year growth despite a decline in mobile communication service revenue, mainly due to growth in finance and payment in the Smart Life business [14][133] - Regional Communication Business segment experienced decreases in both revenue and profit due to reduced network revenue and the impact of slowing down non-core assets [15][134] - Global Solution business segment saw increased sales in public, financial, and corporate sectors in Japan, with operating profit rising year-on-year due to higher operating income in the data center business overseas [17][136] - The Others segment reported increased sales and profit year-on-year due to the expansion of data center engineering and NTT Urban solutions [18][137] Market Data and Key Metrics Changes - The net increase in optical fiber services showed year-on-year growth due to enhanced marketing efforts, with strong results in mobile network portability [12][131] - The company is actively reviewing its cost structure to achieve medium-term growth, particularly in the context of regional revitalization and urban development initiatives [16][135] Company Strategy and Development Direction - The company is focusing on strengthening its customer base and enhancing marketing efforts, despite the short-term impact on profits [32][36] - Plans to open hotels, parks, and cultural facilities in the Osaka area in connection with Expo 2025, indicating a commitment to regional development [20][139] - The company aims to expand its data center business in India, which holds the number one market share, and is planning to exhibit its business strategy at the Mobile World Congress [21][142] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges in achieving annual profit targets but emphasized efforts to recover through cost reduction and improved sales quality [12][131] - The competitive landscape is expected to remain intense, particularly in the mobile communication sector, impacting profitability [82] - Management is optimistic about the growth potential in the AI market and plans to reinforce capacities in this area [45] Other Important Information - The company is exploring various initiatives for cost reduction and efficiency improvements across its operating companies [53][56] - There are ongoing discussions regarding shareholder returns, with a commitment to maintain dividend payments in line with conventional policies [60][61] Q&A Session Summary Question: Concerns about Integrated ICT business and ARPU - The management acknowledged the challenges in the Integrated ICT business, particularly regarding ARPU and service revenue, and indicated that marketing expenses are increasing to secure market share [26][30] Question: Profitability in the enterprise section - Management confirmed that the enterprise section is facing difficulties, particularly in the SME market, and emphasized the need to fortify the network business and offer tailored solutions [38][42] Question: Cost reduction initiatives - Management stated that fundamental cost reforms are planned, and various initiatives are being implemented to improve efficiency, although significant effects may not be seen immediately [52][54] Question: Impact of inflation on pricing - Management acknowledged the impact of inflation on pricing strategies and indicated that they are considering how to reflect these increases while remaining competitive [104][105] Question: AI initiatives and revenue generation - Management highlighted ongoing AI initiatives aimed at increasing revenue and improving operational efficiency, although specific financial impacts are not yet available [110][112]

Financial Results for the Nine Months Ended December 31, 2024 February 7, 2025 This document is a translation of the Japanese original. The Japanese original is authoritative. The forward-looking statements and projected figures concerning the future performance of NTT and its subsidiaries and affiliates contained or referred to herein are based on a series of assumptions, projections, estimates, judgments and beliefs of the management of NTT in light of information currently available to it regarding NTT a ...

Nippon Telegraph and Telephone Corporation (OTCPK:NTTYY) Q2 2025 Earnings Conference Call November 7, 2024 2:00 AM ET Company Participants Takuro Hanaki - Head of Investor Relations Akira Shimada - Representative Member of the Board, President and Chief Executive Officer Takashi Hiroi - Representative Member of the Board and Senior Executive Vice President Toshihiko Nakamura - Executive Officer, Head of Finance and Accounting Conference Call Participants Daisaku Masuno - Nomura Securities Kazuki Tokunaga - ...

Financial Results for the Six Months Ended September 30, 2024 November 7, 2024 | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------| | | | | | This document is a translation of the Japanese original. The Japanese original is authoritative. | | | The forward-looking statements and projected figures concerning the future performance of NTT and its | | | subsidiaries and affiliates contained or referred to herein are based on a ser ...

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Financial Data and Key Metrics Changes - Operating revenue increased by ¥129 billion to ¥3.240 trillion, driven by gains in the Integrated ICT Business and Global Solutions Business, with a positive foreign exchange impact of approximately ¥80 billion [3][4] - Operating profit decreased by ¥38.8 billion to ¥435.8 billion due to a drop in telecommunication service revenue and costs related to customer base reinforcement and disaster recovery [4] - Profit decreased by ¥101.6 billion to ¥274.1 billion, reflecting the decline in operating profit and a rebound from last year's share sales [4] - EBITDA decreased by ¥23.1 billion year-on-year to ¥815.3 billion due to the drop in operating profit [4] Business Segment Data and Key Metrics Changes - Integrated ICT Business segment saw growth in finance payment and Smart Life business, but overall operating profit decreased due to increased costs [5] - Regional Communications segment experienced declines in both operating revenue and profit due to reduced network revenue and costs associated with asset removal and disaster recovery [5][6] - Global Solutions Business segment reported increased operating revenue driven by public sector finance and enterprise sector growth, while operating profit remained flat [6] Market Data and Key Metrics Changes - The company is focusing on reinforcing customer base and improving network quality to counteract declines in telecommunication service revenue [4] - The establishment of NTT AI-CIX aims to promote linked AI across businesses and industries, addressing social issues like labor shortages [8] - The renewable energy business anticipates achieving a forecast of 8 billion kilowatt-hours per year by 2030, following the acquisition of Green Power Investment [11] Company Strategy and Development Direction - The company plans to conduct a share buyback of up to ¥200 billion to enhance capital efficiency and shareholder returns [7] - Emphasis on cost reduction and operational efficiency improvements across various segments, particularly in the Regional Communications segment [5][6] - The company is pursuing a medium-term management strategy with a focus on expanding enterprise business and reinforcing customer base [12] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging environment, particularly in the consumer side of the Integrated ICT Business, and emphasized the need for improved sales reinforcement [39][40] - Future quarters are expected to show a reduction in the negative impact from PSTN migration, with efforts to control the impact throughout fiscal year 2024 [22][23] - Management remains committed to achieving the annual profit plan despite current challenges in mobile service revenue and ARPU [25] Other Important Information - The number of shareholders increased by 2.5 times to 2.26 million since the stock split announcement, indicating a diverse age composition among shareholders [12] - The company is expanding its data center operations domestically, with strong demand anticipated for DX and cloud services [42] Q&A Session Summary Question: Cost transformation in Regional Communication Business - Management outlined four pillars for cost transformation: improving operational efficiency, simplifying service delivery, enhancing facility utilization, and reducing outsourcing costs [16][17][18][19] Question: Impact of PSTN migration on revenue - Management confirmed that while there will be a decline in operating profit due to PSTN migration, the impact is expected to lessen in future quarters [22][23] Question: Benefits of wholly owning DOCOMO - Management noted positive effects in enterprise business and customer bundling since acquiring DOCOMO, although immediate changes in consumer telecommunications are not yet evident [28][29] Question: Data center business and interest expenses - Management acknowledged the increasing interest expenses due to expanding the data center business but emphasized efforts to manage and suppress these costs [31][33] Question: Outlook for Urban Solutions group - Management indicated that while profits may slightly drop this year, strong performance in condominium sales and leasing is expected to help achieve annual plans [46] Question: Share buyback flexibility - Management stated that additional share buybacks would depend on market conditions and volatility, emphasizing a commitment to shareholder returns [48] Question: Integration of NTT East and West - Management discussed potential benefits of integration, including improved operational efficiency and consistent service offerings across Japan [57]