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The latest update is out from Nippon Telegraph and Telephone ( (JP:9432) ).
NTT has announced the acquisition of SBI Sumishin Net Bank, Ltd., making it a wholly owned subsidiary as of October 1, 2025. This acquisition, executed through NTT’s subsidiary NTT DOCOMO, is part of a strategic move to enhance NTT’s position in the financial services industry by taking SBI Sumishin Net Bank private, thereby consolidating its banking services under NTT’s umbrella.
The most recent analyst rating on (JP:9432) stock is a Hold with a Yen150.00 price target. To see the full list of analyst forecasts on Nippon Telegraph and Telephone stock, see the JP:9432 Stock Forecast page.
More about Nippon Telegraph and Telephone
Nippon Telegraph and Telephone Corporation (NTT) operates in the telecommunications industry, providing a wide range of services including mobile communications, fixed-line services, and data communications. The company is focused on expanding its presence in the financial services sector through strategic acquisitions.
Average Trading Volume: 149,830,860
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen13245.6B
For a thorough assessment of 9432 stock, go to TipRanks’ Stock Analysis page.