NTT Revamps Medium-Term Strategy and Incentives to Drive AI and Data Center Growth

Nippon Telegraph and Telephone ( (JP:9432) ) just unveiled an update.

NTT has partially revised its Medium-Term Management Strategy, resetting its financial targets to aim for consolidated EBITDA of 4 trillion yen and ROIC of 5.5% by fiscal 2030, excluding financial businesses. The company plans to broaden value-added growth areas by expanding AI-related services for domestic corporate clients, scaling overseas operations centered on data centers, and deepening personal finance offerings, while transitioning its connectivity business to AI-native AIOWN infrastructure optimized for GPUs, networks, and power.

Management said the revision reflects a more competitive environment and rising traffic, prompting a balance between aggressive growth investment and maintaining a stable financial base. In line with the strategy update, NTT will revise its performance-linked stock compensation for directors and officers and adjust executive bonus KPIs for fiscal 2026, tying a larger share of incentives to EBITDA, EPS, ROIC, capital expenditures, and sustainability metrics such as customer and employee engagement, greenhouse gas emissions, and promotion of female managers.

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, Inc.) is a leading Japanese telecommunications and ICT group listed on the Tokyo Stock Exchange Prime Market. The company provides connectivity services, domestic corporate solutions, data center and overseas communications, as well as personal services including finance-related offerings, and is increasingly focusing on AI-related businesses and next-generation network infrastructure.

Average Trading Volume: 212,022,849

Technical Sentiment Signal: Buy

Current Market Cap: Yen12955.8B

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