NTT Posts Higher Nine-Month Earnings as Investment and Leverage Rise

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

NTT has released supplementary consolidated financial data for the nine months ended 31 December 2025, showing steady growth in operating revenues and operating profit versus the prior year, alongside a higher consolidated EBITDA and increased depreciation reflecting continued capital-intensive network and data-center operations. While operating cash flow remained solid, the period featured large swings in investing and financing cash flows, including higher interest-bearing liabilities largely tied to its finance and data-center businesses, underscoring NTT’s ongoing balance sheet expansion as it invests in infrastructure and related financial services. The updated full-year forecasts indicate management’s expectation of further increases in revenues, EBITDA and operating profit compared with the previous fiscal year, suggesting confidence in the resilience of its core telecom and ICT operations despite heavier leverage and continued capex, a trend that will be closely watched by creditors, shareholders and customers reliant on its network and data capabilities.

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) is a Japan-based telecommunications and ICT conglomerate that provides fixed and mobile network services, data and cloud infrastructure, and a range of digital and financial solutions in Japan and overseas. Through businesses including NTT DOCOMO and its Global Technology Services and data center units, the group targets both domestic consumers and enterprises as well as global corporate clients, positioning itself as a core infrastructure and integrated ICT provider.

Average Trading Volume: 184,328,315

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen13075.1B

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