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Message from the CEO

Aiming to be an NTT Group that "connects to the future," we will work on transformation and deliver new experiences and excitement.

Last updated : December 15, 2023

We would like to offer our sincere apologies to our shareholders, our customers and all other affected parties for the concern and inconvenience caused by the recent unauthorized leak of customer information at one of our group companies. At NTT Group, we are further strengthening our countermeasures and working to prevent this from reoccurring in the future.

Financial Results for the First Half of the Fiscal Year Ending March 31, 2024 and Forecast for the Fiscal Year

Regarding our financial results for the first half of the fiscal year ending March 31, 2024, operating revenues increased by ¥78.4 billion year-on-year to ¥6,364.6 billion, setting a new record-high level. Operating profit decreased by ¥45.6 billion year-on-year to ¥950.9 billion, and profit decreased by ¥25.8 billion year-on-year to ¥670.8 billion.

With respect to the forecast for the fiscal year ending March 31, 2024, we are forecasting operating revenues of ¥13.6 trillion, operating profit of ¥1.950 trillion and profit of ¥1.255 trillion. Although operating profit and profit for the first half of the fiscal year both decreased compared to the same period of the prior fiscal year, they are both generally progressing in line with expectations. We expect that increased profit in the second half of the fiscal year will make up for the first half of the fiscal year and enable us to achieve our fiscal year plan, and we will also continue to work to achieve our EPS target.

This past May, we announced our new medium-term management strategy. The fundamental principle of our strategy is “Innovating a Sustainable Future for People and Planet.” We are continuing to promote this initiative, and will do our utmost to meet the expectations of our shareholders.

I would like to conclude this message by thanking all of our shareholders in advance for their continued understanding and support.

2023 December

President and Chief Executive Officer,
Representative Member of the Board

Akira Shimada

Akira Shimada

Stock Price (Real Time)

- TSE Prime : 9432

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