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February 7, 2019

NOTICE REGARDING THE REVISION OF DIVIDEND FORECASTS FOR THE FISCAL YEAR ENDING MARCH 31, 2019

Nippon Telegraph and Telephone Corporation ("NTT") hereby announces that, at a meeting of its Board of Directors held today, NTT resolved to amend its forecast of dividend per share for the fiscal year ending March 31, 2019, as stated below.

1.Reason for the Revision

NTT has identified the return of profits to shareholders as an important management goal, and the implementation of steady dividend increases is a fundamental policy of its medium-term management strategy. NTT plans to increase its dividend as a result of taking into account a full range of factors, including business performance, financial standing and dividend payout ratio.

2.Details of the Revision

Annual Dividends

Interim Dividend

Year-end Dividend

Annual Total

Year Ending March 31, 2019
(Forecasts when previous annual results were announced)

85 yen
(Actual)

85 yen

170 yen

Year Ending March 31, 2019
(Revised Forecast)

95 yen

180 yen

Year Ended March 31, 2018
(Results)

75 yen

75 yen

150 yen

For further inquiries, please contact:

Takumi Matsumoto or Takayuki Kimura
Investor Relations Office
Finance and Accounting Department
Nippon Telegraph and Telephone Corporation
Contact us by email:

Information is current as of the date of issue of the individual press release.
Please be advised that information may be outdated after that point.