ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Nippon Telegraph & Telephone Corp.

Business Summary

Nippon Telegraph & Telephone Corp. operates as a holding company, which engages in the provision of telecommunication services. It operates through the following businesses: Regional Communications, Long-Distance and International Communications, Mobile Communications, Data Communications, and Other Businesses. The Regional Communications business offers domestic intra-prefectural communication services such as fixed voice-related, Internet protocol (IP), and packet communications services; and sells telecommunications equipment. The Long Distance and International Communications business deals with the domestic intra-prefectural and international communications and system integration services. The Mobile Communications business provides mobile voice-related, IP, and packet communications services. The Data Communications business covers the system integration and network system services. The Other Businesses includes in the real estate, finance, engineering, system integration and data processing, and development of technologies and shared operations. The company was founded on August 1, 1952 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Gross Profit2,261.44B20,799.52M
Operating income1,787.71B16,442.41M
Income before tax1,570.14B14,441.29M
Net income855,306M7,866.63M
Diluted EPS231.202.12
Dividends Per Share950.87
Total Assets23,370.54B216,484.16M
Total liabilities11,907.92B110,304.48M
Total equity9,061.10B83,934.07M
Operating cash flow2,995.21B27,548.30M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 11,540.99B 11,391.01B 11,782.14B 11,879.84B 11,899.41B
Gross Profit 4,148.63B 4,400.46B 2,416.56B 2,472.78B 2,261.44B
Operating income 1,380.87B 1,613.64B 1,973.11B 2,016.97B 1,787.71B
Income before tax 1,329.25B 1,527.76B 1,740.47B 1,671.86B 1,570.14B
Net income 737,738M 800,129M 897,887M 854,561M 855,306M
EBITDA 3,147.19B 3,075.87B 3,320.04B 3,350.62B 3,253.02B
Diluted EPS 175.17 195.47 224.93 220.12 231.20
Dividends Per Share 55 60 75 90 95
Total Assets 21,035.93B 21,250.32B 21,888.63B 22,702.52B 23,370.54B
Total liabilities 9,795.84B 9,691.75B 10,322.61B 10,897.73B 11,907.92B
Total equity 8,833.80B 9,052.47B 9,050.35B 9,264.91B 9,061.10B
Operating cash flow 2,711.84B 2,917.35B 2,541.27B 2,406.15B 2,995.21B
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 96,107.46M 105,192.34M 106,305.97M 107,127.26M 109,444.28M
Gross Profit 34,547.65M 40,636.83M 21,803.72M 22,298.52M 20,799.52M
Operating income 11,499.17M 14,901.45M 17,802.69M 18,188.23M 16,442.41M
Income before tax 11,069.38M 14,108.45M 15,703.69M 15,076.11M 14,441.29M
Net income 6,143.50M 7,388.93M 8,101.30M 7,706.06M 7,866.63M
EBITDA 26,208.21M 28,404.71M 29,955.55M 30,214.48M 29,919.52M
Diluted EPS 1.45 1.80 2.02 1.98 2.12
Dividends Per Share 0.45 0.55 0.67 0.81 0.87
Total Assets 187,160.73M 190,705.59M 205,816.88M 205,109.32M 216,484.16M
Total liabilities 87,155.55M 86,976.12M 97,062.62M 98,457.19M 110,304.48M
Total equity 78,596.07M 81,239.15M 85,099.72M 83,705.23M 83,934.07M
Operating cash flow 22,582.84M 26,940.84M 22,928.94M 21,697.68M 27,548.30M

Valuation Measures

Mar 2020
Operating margin15.02%
Profit margin7.18%

Key executives

  • President, CEO & Representative Director: Jun Sawada
  • Chief Financial Officer & Representative Director: Akira Shimada
  • Representative Director & Chief Technology Officer: Naoki Shibuya
  • Chief Information Security Officer: Shinichi Yokohama
  • Executive Officer: Hiroki Kuriyama


  • Government of Japan (32.3%)
  • Nippon Telegraph & Telephone Corp. (7.1%)
  • Nomura Asset Management Co., Ltd. (2.1%)
  • Toyota Motor Corp. (2.0%)
  • Daiwa Asset Management Co. Ltd. (0.9%)
  • Nikko Asset Management Co., Ltd. (0.9%)
  • The Vanguard Group, Inc. (0.7%)
  • BlackRock Fund Advisors (0.6%)
  • DWS Investment GmbH (0.5%)
  • Norges Bank Investment Management (0.4%)

Contact Details

  • Website:
  • Address: Otemachi First Square East Tower, 1-5-1 Ote-machi, Tokyo, 100-8116, Japan
  • Phone: +81.3.6838.5111

Related Companies

  • NTT Com ICT DC Solutions (Australia) Pty Ltd.
  • NTT Security (France) SAS
  • NTT Managed Services Americas Intermediate Holdings, Inc.
  • Symmetry Holding LLC
  • NTT Urban Solutions, Inc.
  • NTT East-Minamikanto Corp.
  • NTT Data ABIC Co., Ltd.
  • NTT Ltd. (United Kingdom)
  • NTT Malaysia Solutions Sdn. Bhd.
  • US Services LLC
  • NTT Anode Energy Corp.
  • NTT Research, Inc.
  • e-shelter power supply GmbH & Co. KG
  • Ntt Sh KK
  • NTT Venture Capital
  • NTT, Inc. (Japan)
  • Dimension Data India Pvt Ltd.
  • NTT Photonics Laboratories
  • NTT Fieldtechno Corp.
  • NTT Security Corp.
  • NTT Service Evolution Laboratories
  • NTT Com Security (Netherlands) BV
  • NTT Data Been (China) Information Technology Co. Ltd.
  • NTT Data Enterprise Services Holdings, Inc.
  • NTT Innovation Institute, Inc.
  • Tianjin NTT Data Corp. Ltd.
  • NTT DATA MSE Dalian Corp.
  • Arkadin International SAS
  • NTT Com Security (France) SAS
  • NTT Com Security (Austria) GmbH


  • Internet Initiative Japan Inc.
  • Orange SA
  • CDW Corp.
  • PT Telkom Indonesia (Persero) Tbk Class B
  • CSP Inc.
  • Rakuten Group, Inc.
  • GDS Holdings Ltd.
  • NeoPhotonics Corporation
  • CoreSite Realty Corporation
  • Tenable Holdings, Inc.
Last Updated on 11 May, 2021

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends January 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more