NTT Announces Amendments to Tender Offer for SBI Sumishin Net Bank

Nippon Telegraph and Telephone ( (JP:9432) ) has shared an update.

NTT announced changes to its previous notice regarding a tender offer by its subsidiary, NTT DOCOMO, for SBI Sumishin Net Bank. The tender offer, which began on May 30, 2025, received necessary approvals from the Financial Services Agency, leading to amendments in the tender offer statement and related documents. These changes do not affect the conditions of purchase, maintaining the stability of the offer and potentially strengthening NTT’s market position in the financial services sector.

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) is a major player in the telecommunications industry, providing a wide range of services including mobile communications, network systems, and data services. The company operates primarily in Japan and is listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 175,013,688

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen13330.8B

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