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FY2022.3Q Financial Results : Key Points

Last updated : February 9, 2023

  • In FY2022.3Q, operating revenues and profit both reached record-high levels. We will continue to work towards achieving the fiscal year plan.
  • Operating revenues increased by ¥649.4 billion (an increase of 7.3%) year-over-year due to, among other factors, an increase in revenues in the Global Solutions Business Segment. Operating income decreased by ¥18.8 billion (a decrease of 1.2%) year-over-year as a result of being unable to cover rising electricity rates despite the positive effect of the increase in operating revenues, among other factors.
  • Profit increased by ¥2.2 billion (an increase of 0.2%) year-over-year as a result of an increase in profit from non-recurring factors such as corporate taxes.
  • Will it be possible to achieve the revenue growth plan for the full fiscal year, even though operating income decreased year-over-year again in the third quarter?

    Operating income continued to decrease year-over-year due to the impact of rising electricity rates and other factors. We are aiming to achieve the fiscal year plan through increases in income in the Integrated ICT Business Segment and the Global Solutions Business Segment, in addition to cost reductions across the entire NTT Group as a whole.

  • Please discuss the status of the Integrated ICT Business Segment.

    In the enterprise business, there has been a steady increase in revenues from integrated solutions, such as solutions for large businesses and cloud infrastructure. In the smart life business, there has also been an increase in revenues from finance/payment and marketing solutions. In the consumer communications business, as a result of an increase in medium- and large-volume plans, mobile ARPU has improved and MNP (mobile number portability) has also continued to be positive, despite the impact of price reductions and rising electricity rates. We will continue our initiatives to expand our enterprise and smart life businesses and to fully achieve our ARPU potential, and continue to work to achieve the fiscal year plan.

  • Please discuss the status of the integration of the global businesses in the Global Solutions Business Segment, as well as your progress with respect to overseas operating income margin.

    With respect to the integration of our global businesses, we have started initiatives such as improving our sales collaboration, and our progress on achieving the results of synergies is proceeding according to plan. Our overseas operating income margin increased by 1.0 pt year-over-year to 6.4% as a result of increases in revenues from expanding the scale of our SI business in Europe and elsewhere and the expansion of our data center business, as well as the effect of cost reductions from structural reforms, among other factors.

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