Financial Data and Key Metrics Changes - Operating revenue increased by ¥979.7 billion year-on-year, reaching ¥13,136.2 billion, attributed to growth in the Global Solutions business and electricity revenue [7][12] - Operating income rose by ¥60.4 billion year-on-year to ¥1,829 billion, driven by increased revenue and cost reductions [8][9] - Profit decreased by ¥32 billion to ¥1,213.1 billion, despite the increase in operating income [9] - Overseas operating income margin improved by 0.9 points to 7.2%, achieving the medium-term financial target of 7% one year ahead of schedule [9] Business Segment Data and Key Metrics Changes - Integrated ICT business segment saw an increase in both operating revenue and income year-on-year, despite price reductions in consumer communications [10] - Regional communications business experienced a drop in both operating revenue and income due to increased costs and delays in cost reduction measures [11] - Global Solutions business segment reported year-on-year increases in both operating revenue and income, driven by robust demand for digital services [12] - Other segment's operating revenue and income increased due to higher electricity business revenue reflecting rising fuel prices [12] Market Data and Key Metrics Changes - The impact of foreign currency fluctuations was noted as ¥280 billion [8] - Operating revenue is expected to decrease year-on-year in fiscal year 2023, while operating income and profit are forecasted to increase [13][14] Company Strategy and Development Direction - The new medium-term management strategy, titled "New Value Creation and Sustainability 2027, powered by ION," aims to innovate for a sustainable future and increase investment in growth areas by ¥8 trillion over five years [20][21] - The company plans to increase EBITDA by 20% to approximately ¥4 trillion by fiscal year 2027 [21] - Key initiatives include enhancing customer experience, improving employee experience, and promoting a circular economy [22][28] Management's Comments on Operating Environment and Future Outlook - Management expressed a commitment to achieving cash generation capabilities by fiscal year 2027 to support new growth areas [103] - The focus will be on maintaining a balance between investment and shareholder returns, with a robust shareholder return program planned [51][41] Other Important Information - The company announced a dividend increase to ¥125 per share for fiscal year 2023 and a 25:1 stock split effective July 1st [42] - The establishment of new organizational structures to enhance R&D and marketing capabilities was also discussed [43] Q&A Session Summary Question: EPS growth and share buyback assumptions - Management indicated that the EPS target of ¥370 for the fiscal year assumes some level of share buyback [48][49] Question: Investment in new business areas - Management acknowledged the need for upfront investments in new business areas and emphasized careful planning to ensure returns [55][56] Question: Interest rate impacts on data center investments - Management confirmed that rising interest rates would be considered in future investments, with a focus on recouping costs through customer payments [59][60] Question: Medium-term financial targets and indicators - Management reiterated that while EPS is not a primary indicator, they aim to maintain similar growth levels as in the past [67][68] Question: Clarification on capital expenditures - Management stated that while specific breakdowns of capital versus equity investments are not available, they aim to maintain trends in capital investment [70][72]

Nippon Telegraph and Telephone Corporation (OTCPK:NTTYY) Q3 2022 Earnings Conference Call February 7, 2022 3:00 AM ET Company Participants Natsuko Fujiki - Head, IR, Finance & Accounting Department Akira Shimada - CFO Kazuhiko Nakayama - SVP & Head, Finance & Accounting Takashi Taniyama - SVP & Head, Corporate Strategy Planning Conference Call Participants Yoshio Ando - Daiwa Securities Satoru Kikuchi - SMBC Nikko Securities Yoshiyuki Kinoshita - BofA Securities Mitsunobu Tsuruo - Citigroup Chikai Tanaka - ...

Nippon Telegraph and Telephone Corp (OTCPK:NTTYY) Q2 2022 Earnings Conference Call November 10, 2021 3:00 AM ET Company Participants Natsuko Fujiki - Head, IR, Finance & Accounting Department Jun Sawada - President & CEO Kazuhiko Nakayama - SVP & Head, Finance & Accounting Takashi Taniyama - SVP & Head, Corporate Strategy Planning Akira Shimada - CFO Conference Call Participants Yoshio Ando - Daiwa Securities Hideaki Tanaka - Mitsubishi UFJ Morgan Stanley Securities Satoru Kikuchi - SMBC Nikko Securities Da ...

Financial Results for the Three Months Ended June 30, 2021 August 6, 2021 | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------| | | | | | 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 o ...

| --- | --- | --- | --- | --- | |-------|-------|---------------------|-------------------------------------------|-------| | | | | | | | | | | | | | | | Financial Results | | | | | | | | | | | | | for the Fiscal Year Ended March 31, 2021 | | | | | | | | | | | and | | | | | | | | | | | | Financial Forecasts | | | | | | | for the Fiscal Year Ending March 31, 2022 | | May 12, 2021 | --- | --- | |------------------------------------------------------------------------------------------------------------------- ...

Financial Performance & Forecasts - FY2020 2Q operating revenues decreased by ¥178.2 billion (3.0%) year-on-year, but operating income increased by ¥25.8 billion (2.6%) year-on-year[12] - COVID-19 had a negative impact of approximately ¥130.0 billion on operating revenues and approximately ¥20.0 billion on operating income in FY2020 2Q[15] - FY2020 forecast anticipates a decrease in operating revenues of approximately ¥350.0 billion and a decrease in operating income of approximately ¥70.0 billion due to COVID-19[15] - FY2020 operating revenues are expected to decrease by approximately ¥400.0 billion compared to FY2019, while operating income will increase, supported by ¥80.0 billion of reductions in capital investments and ¥100.0 billion of cost reductions[35] - FY2020 operating revenues forecast is ¥11,500.0 billion, a decrease of ¥399.4 billion year-on-year, while operating income is forecast at ¥1,590.0 billion, an increase of ¥27.8 billion year-on-year[38] - The company board of directors resolved to buy back shares in an amount up to ¥250.0 billion to enhance shareholder returns[13, 20] Strategic Initiatives - NTT DOCOMO will terminate FOMA (3G) service on March 31, 2026[39, 148] - The company is promoting structural reforms at NTT Ltd, aiming for a business shift to attractive markets centered on managed IT services, targeting 50% of revenue from these markets by FY2023[17, 94] - The company is migrating PSTN to IP networks, with nationwide call rates to fixed-line telephones set at ¥8.5 per every 3 minutes from January 2024[43, 161, 163] - The company is targeting ¥600.0 billion in B2B2X sales for FY2023[166] Global Business - The company is targeting overseas sales of $25 billion and an overseas operating income margin of 7% by FY2023[68]

Nippon Telegraph and Telephone Corporation (OTCPK:NTTYY) Q1 2021 Earnings Conference Call August 11, 2020 4:00 AM ET Company Participants Natsuko Fujiki – Head of Investor Relations Jun Sawada – Chief Executive Officer and Representative Director Akira Shimada – Senior Executive Vice President and Chief Financial Officer Ryota Kitamura – Senior Vice President Kazuhiko Nakayama – Senior Vice President and Head of Finance and Accounting Conference Call Participants Daisaku Masuno – Nomura Securities Satoru Ki ...

Financial Results for the Three Months Ended June 30, 2020 and Financial Forecasts for the Fiscal Year Ending March 31, 2021 August 11, 2020 | --- | --- | |-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

Financial Results for the Fiscal Year Ended March 31, 2020 May 15, 2020 | --- | --- | |-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Nippon Telegraph and Telephone Corp (OTCPK:NTTYY) Q4 2020 Earnings Conference Call May 15, 2020 5:00 AM ET Company Participants Natsuko Fujiki - Head, IR, Finance & Accounting Department Jun Sawada - President, CEO & Representative Director Takashi Hiroi - SVP, Head, Finance & Accounting and Director Conference Call Participants Daisaku Masuno - Nomura Securities Yoshiyuki Kinoshita - Bank of America Merrill Lynch Yoshio Ando - Daiwa Securities Mitsunobu Tsuruo - Citigroup Jun Tanabe - JPMorgan Chase & Co. ...