Nippon Telegraph and Telephone

Basic Information

Stock Code
9432
Industry
Information and Communications
Category Detail
Telecommunications Services
Prefecture
Tokyo
Establishment Year
April 1985
Listing Year
February 1987
Official Website
https://group.ntt/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Soracom, Meek, AIR-U, Toyota, Mitsubishi Corp, Mitsubishi UFJ, Vision, Nippon Telegraph, KDDI, SoftBank, Okinawa Cellular Telephone, FiberGate, SoftBank Group

Overview

Nippon Telegraph and Telephone, established in 1985, is Japan's largest telecommunications carrier. As a holding company, it oversees the NTT Group and develops cutting-edge ICT research and multi-field services.

Current Situation

Nippon Telegraph and Telephone Corporation (NTT) recorded consolidated revenue of 13.3745 trillion yen and net profit of 1.2795 trillion yen for the fiscal year ended March 2024, making it Japan's largest telecommunications service provider. As a holding company, it has numerous subsidiaries including NTT East, NTT West, NTT Docomo, and NTT Data, boasting overwhelming market share in the telecommunications sector. In research and development, it is advancing the IOWN initiative and actively investing in next-generation infrastructure technologies. It plans to change its name to 'NTT Corporation' in July 2025, introducing a new CI and undergoing organizational restructuring. For social contributions, it bears the obligation to ensure communications under the Disaster Countermeasures Basic Act and continues to stably provide regional telecommunications services. Despite intense competition from major carriers like SoftBank and KDDI, it maintains superiority through multifaceted technological capabilities and group synergies. Toward 2030, it has set strategic goals of strengthening global expansion and contributing to digital society.

Trivia

Interesting Facts

  • Was the world's largest company by market capitalization from 1987 to 1991
  • CI logo based on a trochoid curve design from the 17th century
  • Launched Japan's first mobile phone service in 1985
  • NTT Group bears the obligation to ensure communications during disasters
  • NTT manages the .ntt domain
  • Advances basic research and technical standardization as the group's holding company
  • NTT has past listing experience on the New York and London Stock Exchanges
  • NTT is a pioneer in IoT and smart city technologies
  • Colloquially referred to as 'mikaka' for communication fees
  • NTT operates medical institutions and advances medical ICT development
  • Laboratories have multiple R&D bases domestically and internationally
  • Reports of entertainment issues involving dinners with successive Ministers of Internal Affairs and Communications
  • Fully subsidisarized NTT Docomo in 2020
  • NTT is one of the official sponsors of the Tokyo Olympics
  • Deploys storage battery business in the energy sector

Hidden Connections

  • Toyota Motor Corporation is listed as a major shareholder and company of interest in NTT
  • NTT has strong collaborative relationships with industries such as Japan Tobacco and Mitsubishi Heavy Industries
  • NTT Group's public mission is directly linked to government regulations and laws
  • NTT's CI logo was designed by renowned Japanese graphic designer Yusaku Kamekura
  • NTT's entertainment issues were debated in the Diet as a problem of collusion between administration and private enterprises
  • NTT is registered as a sector member of the International Telecommunication Union (ITU)
  • In the PC communications era, NTT was called 'mikaka' by Nifty-Serve users
  • NTT subsidiary NTT Urban Solutions specializes in urban development

Future Outlook

Growth Drivers

  • Improved communication quality and efficiency through IOWN implementation
  • Expansion of next-generation communication infrastructure such as 5G and 6G
  • New business creation through digital transformation (DX)
  • Deployment of corporate services in global markets
  • Smart city business addressing social challenges
  • Service innovation through integration of AI and IoT technologies
  • Expansion of sustainable energy business
  • Growth in corporate cloud and data center business
  • Expanding demand in security enhancement market
  • Adaptation to changes in policy and regulatory environment

Strategic Goals

  • Realization of nationwide and global rollout of IOWN infrastructure
  • Achievement of group revenue exceeding ¥15 trillion
  • Construction of communication infrastructure with net-zero CO2 emissions
  • Building close co-creation models with regional communities
  • Establishment as a leading DX company domestically and internationally
  • Expansion of share in next-generation mobile communications
  • Enhanced transparency in sustainability reporting
  • Workplace environment excelling in diversity and inclusion
  • Building robust cybersecurity framework
  • Establishment of innovation promotion system focused on social value creation

Business Segments

Enterprise Network Services

Overview
Provides highly reliable, high-quality network infrastructure to support customer business efficiency and secure communications.
Competitiveness
Japan's largest-scale telecommunications infrastructure and extensive operational track record
Customers
  • Large enterprises
  • Government agencies
  • Small and medium enterprises
  • Educational institutions
  • Financial institutions
  • Telecommunications carriers
  • Manufacturing industry
Products
  • Dedicated line services
  • VPN services
  • Data centers
  • Cloud services
  • Network monitoring

IT Solutions and System Integration

Overview
Provides integrated system planning, development, and operation to optimize customers' IT environments.
Competitiveness
NTT Group's technological resources and extensive know-how
Customers
  • Manufacturing industry
  • Retail industry
  • Public institutions
  • Financial institutions
  • Telecommunications carriers
  • Medical institutions
Products
  • System construction
  • Cloud integration
  • Business application development
  • Operation support
  • Security measures

Data Centers and Cloud Services

Overview
Provides secure, high-performance data environments to support customer business continuity.
Competitiveness
Networks spanning Japan and overseas with redundant facilities
Customers
  • Financial institutions
  • Large enterprises
  • IT vendors
  • Startups
  • Public institutions
Products
  • Data center usage
  • Cloud computing
  • Storage services
  • Backup and recovery

Mobile Communication Infrastructure

Overview
Builds and operates high-quality wireless communication infrastructure to improve communication quality.
Competitiveness
NTT Docomo's strong technological development and operational capabilities
Customers
  • Mobile phone carriers
  • MVNOs
  • Local governments
  • Transportation operators
Products
  • Base station installation
  • Network construction
  • Operation and maintenance
  • 5G-related technologies

Smart City and IoT Solutions

Overview
Supports smart city construction using ICT technologies to solve regional issues.
Competitiveness
Comprehensive support from both telecommunications technology and urban development perspectives
Customers
  • Local governments
  • Construction companies
  • Energy companies
  • Transportation managers
Products
  • Smart meters
  • Sensor installation
  • Data analysis
  • Infrastructure management

Real Estate and Urban Development Solutions

Overview
Advances value creation by utilizing ICT in urban development and real estate management.
Competitiveness
Utilization of the group's diverse business resources
Customers
  • Real estate operators
  • Large enterprises
  • Local governments
  • Construction companies
Products
  • Land development
  • Office building management
  • Rental management
  • Smart building technology

Energy-related Services

Overview
Provides next-generation energy solutions leveraging telecommunications and ICT technologies.
Competitiveness
Advanced technologies from NTT Anode Energy
Customers
  • Electric power companies
  • Industrial facilities
  • Public facilities
Products
  • Smart grids
  • Storage battery systems
  • Renewable energy management

Financial and Payment Services

Overview
Provides secure and convenient financial infrastructure and payment systems.
Competitiveness
Achieves high security through integration with telecommunications infrastructure
Customers
  • Banks
  • Credit companies
  • Commercial facilities
Products
  • Electronic payment platforms
  • ATM management
  • Data security

Medical Information Systems

Overview
Supports business efficiency in medical settings and improved patient services through advanced ICT technologies.
Competitiveness
Long track record in medical system development
Customers
  • Hospitals
  • Medical research institutions
  • Health management organizations
Products
  • Medical data management
  • Hospital networks
  • Remote medical support

Research and Development Support Services

Overview
Supports cutting-edge technology R&D to promote innovation.
Competitiveness
Close collaboration with NTT Laboratories
Customers
  • Corporate research labs
  • Universities
  • Public research institutions
Products
  • Technology development support
  • Joint research
  • Data analysis services

International Telecommunications Business

Overview
Provides global communication infrastructure to support international business.
Competitiveness
Extensive international networks and local subsidiaries
Customers
  • Overseas telecommunications carriers
  • Multinational corporations
  • International organizations
Products
  • International fiber optic networks
  • Overseas data centers
  • International VPNs

IT Infrastructure Operation Services

Overview
Supports efficient operation and security maintenance of customers' IT infrastructure.
Competitiveness
Know-how in operating large-scale infrastructure
Customers
  • Public institutions
  • Financial companies
  • Manufacturing industry
Products
  • Cloud operation management
  • Network monitoring
  • Security management

Competitive Advantage

Strengths

  • Japan's largest telecommunications infrastructure development
  • Strong group company structure
  • Cutting-edge research and development capabilities
  • Abundant capital strength and asset scale
  • High brand reliability
  • Nationwide network coverage
  • Diverse service provision capabilities
  • Stable business base due to legal regulations
  • Strong customer base
  • Extensive overseas collaboration experience
  • Strategic investment capabilities
  • Significant contributions to technical standardization
  • Comprehensive ICT services
  • Sustainability initiatives
  • Partnerships across multiple industries

Competitive Advantages

  • Optimal resource allocation possible through group oversight as a holding company
  • Leadership in next-generation telecommunications technologies via proprietary IOWN concept
  • Overwhelming share in NTT Docomo's mobile communications business
  • Status as a special company with stable revenue sources in regulated markets
  • Covers diverse customer needs with broad BtoB services
  • Strengthened global expansion through overseas subsidiary integration
  • Basic research and technical standardization promotion via powerful research labs
  • Risk diversification through diversification as a comprehensive ICT company
  • Advanced corporate cloud and data center services
  • Proprietary energy solutions business
  • High-quality telecommunications infrastructure and reliable operations management
  • Comprehensive disaster measures ensuring public role
  • Ongoing social contributions and regional collaborations
  • Strong customer loyalty and brand power
  • Stable management backed by government's maintained shareholding ratio

Threats

  • Intense competition and price wars in mobile communications market
  • Intensified competition due to telecommunications deregulation
  • Burden of keeping pace with rapid technological innovation and cutting-edge investments
  • Fluctuations in international economic environment and currency risks
  • Risks of communication infrastructure disruptions from disasters
  • Increasing demands for personal information protection and security enhancements
  • Diversification of new entrants
  • Difficulty in balancing public role and competitiveness
  • Political risks in regulatory relations with the Ministry of Internal Affairs and Communications
  • Complications in intra-group coordination
  • Local regulatory risks in overseas operations
  • Technology leakage and intellectual property issues

Innovations

2024: IOWN Specifications Finalized

Overview
Completed specifications for next-generation communication infrastructure technology 'IOWN', contributing to improved communication efficiency.
Impact
Contributes to building the foundation for new social infrastructure

2023: NTT Green & Food Established

Overview
Launched sustainable land-based aquaculture business in collaboration with Regional Fish.
Impact
Supports environmental burden reduction and food issue resolution

2023: 5G Network Enhancement

Overview
Accelerated 5G base station deployment and expanded high-speed communication services.
Impact
Expanded customer base and strengthened market competitiveness

2022: NTT Docomo Integration and Restructuring

Overview
Consolidated long-distance and mobile communications businesses within the group under Docomo Group.
Impact
Improved management efficiency and service integration

2021: DX Promotion for Business Innovation

Overview
Advanced business efficiency inside and outside the company using AI and big data.
Impact
Improved productivity and cost reductions

2025: Full Subsidiary of NTT Data

Overview
Strengthened data business with investment on the scale of ¥2.3 trillion.
Impact
Enhanced competitiveness in IT services

2024: Acceleration of Fiber Optic IP Conversion

Overview
Advanced IP conversion for fixed telephone and data communications, achieving network efficiency.
Impact
Reduced operational costs and improved service quality

2023: Energy Management Technology Development

Overview
Commercial deployment of new storage battery systems for smart grids.
Impact
Promotes energy savings and renewable energy adoption

2022: Global ICT Holding Company Established

Overview
Strengthened international competitiveness through overseas business integration.
Impact
Market expansion and management efficiency

2021: Telework Promotion Framework Established

Overview
Established remote work as standard in response to COVID-19, realizing diverse work styles.
Impact
Improved employee satisfaction and cost control

Sustainability

  • Compliance with communication assurance obligations as a designated public institution under the Basic Act on Disaster Control Measures
  • Building energy-efficient communication infrastructure through the IOWN concept
  • Deployment of smart energy business aimed at reducing environmental impact
  • Promotion of sustainable urban development through collaboration with local communities
  • Fostering corporate culture that respects diversity and inclusion
  • Strengthening recycling promotion and plastic usage reduction activities
  • Setting and managing progress toward greenhouse gas emission reduction targets
  • Employee safety and health management and comfortable workplace creation
  • Privacy protection and information security enhancements
  • Ongoing implementation of regional education support programs
  • Active participation in domestic and international volunteer activities
  • Establishment and compliance with sustainable procurement standards