NTT Cuts Full-Year Profit Forecast on Intensifying Competition and Weaker Global Conditions

An announcement from Nippon Telegraph and Telephone ( (JP:9432) ) is now available.

NTT has revised downward its consolidated financial forecasts for the fiscal year ending March 31, 2026, trimming expected operating revenue to ¥14.164 trillion and cutting projected operating profit, profit before taxes and profit attributable to NTT, resulting in lower basic earnings per share compared with its previous guidance. The company cited weaker profitability in its Integrated ICT Business Segment, where intensified and prolonged competition is driving up costs to strengthen its customer base, as well as reduced revenue and profit in its Global Solutions Business Segment due to adverse market conditions and exchange rate fluctuations that offset gains from data-center transfers; despite the softer outlook, NTT will maintain its dividend forecast, signaling a commitment to shareholder returns even as near-term earnings come under pressure.

The most recent analyst rating on (JP:9432) stock is a Buy with a Yen174.00 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 (NTT, Inc.) is a leading Japanese telecommunications and ICT services group, operating across integrated information and communications technology, network services, and global solutions. The company provides fixed and mobile communications, data centers, and various digital and IT solutions to enterprise and consumer customers in Japan and overseas, positioning itself as a core infrastructure and services provider in the telecom and ICT markets.

Average Trading Volume: 184,328,315

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen13075.1B

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