NTT lifts full-year revenue and profit as infrastructure spending rises

The latest update is out from Nippon Telegraph and Telephone ( (JP:9432) ).

NTT reported consolidated IFRS results for the fiscal year ended March 31, 2026, showing growth in operating revenues, expenses, and EBITDA, with an improving EBITDA margin and higher profit attributable to the company. Segment data and quarterly figures indicate rising capital investment, depreciation, and personnel costs, underscoring continued spending on network assets and technology, which may support long-term competitiveness but also weighs on short-term profitability and cost structure.

The group’s full-year forecasts point to further increases in operating revenues and profit before taxes, while maintaining disciplined financial targets such as stable EPS and operating profit guidance. These trends suggest NTT is balancing expansion and modernization of its infrastructure with shareholder-focused metrics, positioning itself to navigate competitive pressures and regulatory changes in domestic and international telecom markets.

The most recent analyst rating on (JP:9432) stock is a Hold with a Yen160.00 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) is a major Japanese telecommunications group providing fixed-line, mobile, data, and ICT services in Japan and overseas. The company operates multiple segments, invests heavily in network and digital infrastructure, and reports under IFRS, reflecting its role as a core communications and technology provider in the Japanese economy.

Average Trading Volume: 212,022,849

Technical Sentiment Signal: Buy

Current Market Cap: Yen12955.8B

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