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MarketScreener Homepage  >  Equities  >  Tokyo  >  Nippon Telegraph And Telephone Corp    9432   JP3735400008

NIPPON TELEGRAPH AND TELEPHONE CORP

(9432)
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Changes in NTT Communications Directors

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05/13/2019 | 06:24am EDT

(Subject to Shareholders' Approval).

1. Candidates scheduled to take office as Directors

Hidemune Sugahara President & CEO of NTT Com Solutions Corporation

Tomohiro Ando Advisor of Mitsubishi UFJ Trust and Banking Corporation

Kazuhiko Nakayama Head of Finance

Toshio Kanai Vice President of Technology Planning Department,

NIPPON TELEGRAPH AND TELEPHONE CORPORATION

Katsushige Kojima Deputy Senior Vice President of Fourth Sales Division

Shuji Inaba Head of Corporate Planning

Masayuki Oikawa Head of Systems

Kenichiro Iida Head of Cloud Services

2. Candidates scheduled to take office as Statutory Auditors

Shigeru Toyoda Vice President and Representative Director of Hibiya Engineering, Ltd.

Ikuo Izutsu Executive Vice President of DOCOMO Technology, Inc.

3. Directors scheduled to resign

Eiichi Tanaka Executive Vice President

Denji Sakurai Executive Vice President

(scheduled to transfer to NTT Com Solutions Corporation)

Kazuhiro Gomi Senior Vice President

Ken Kusunoki Senior Vice President

(scheduled to transfer to NTT Resonant Incorporated)

Atsuhiro Fuseya Senior Vice President

4. Statutory Auditors scheduled to resign

Satoshi Shinoda Statutory Auditor

Nobuhiro Takeuchi Statutory Auditor

5. Candidates scheduled to take office as Representative Directors

Candidate scheduled to take office as Executive Vice President, Representative Director Hidemune Sugahara President & CEO of NTT Com Solutions Corporation

Candidate scheduled to take office as Executive Vice President Tomohiro Ando Advisor of Mitsubishi UFJ Trust and Banking Corporation

6. New Executive Positions and Organizational Responsibilities

Name New Position(s) and Organizational Responsibilities Current Position(s) and Organizational Responsibilities

Toru Maruoka Senior Executive Vice President

In charge of Sales

In charge of Corporate

In charge of Global Business

In charge of 2020 Project

In charge of Digital Transformation Senior Executive Vice President

In charge of Sales

In charge of Corporate

In charge of 2020 Project

In charge of Digital Transformation

Masaaki Moribayashi Senior Executive Vice President Senior Executive Vice President

In charge of Technology

In charge of Services

In charge of Operations

In charge of Information Security

In charge of Global Business

Hidemune Sugahara Executive Vice President

In charge of Technology

In charge of Services

In charge of Operations

In charge of Information Security

Tomohiro Ando Executive Vice President

In charge of CSR

Yoichiro Takaya Senior Vice President

Head of Third Sales Division Senior Vice President

Head of Fifth Sales Division

Kazuhiko Nakayama Senior Vice President

Head of Finance Head of Finance

Toshio Kanai Duputy Senior Vice President of ICT Consulting Division Vice President of Technology Planning Department, NIPPON TELEGRAPH AND TELEPHONE CORPORATION

Katsushige Kojima Senior Vice President

Head of Fourth Sales Division Deputy Senior Vice President of Fourth Sales Division

Shuji Inaba Senior Vice President

Head of Corporate Planning Head of Corporate Planning

Masayuki Oikawa Senior Vice President

Head of Systems Head of Systems

Kenichiro Iida Senior Vice President

Head of Cloud Services Head of Cloud Services

Notes:

Among the Directors scheduled to resign from office, Ken Kusunoki is expected to resign on June 13, 2019, Denji Sakurai is expected to resign on June 19, 2019, and Eiichi Tanaka, Kazuhiro Gomi and Atsuhiro Fuseya are expected to resign at the close of the 20th Annual General Shareholders' Meeting (to be held on June 21, 2019).

Yoichiro Takaya is expected to be appointed as Head of Third Sales Division on June 13, 2019.

Katsushige Kojima is expected to be appointed as Head of Fourth Sales Division on June 19, 2019.

Masaaki Moribayashi is expected to concurrently serve on the board of directors for NTT Ltd. on July 1, 2019.

Takanobu Maeda, Naoki Kajita and Kenichiro Iida are expected to resign on June 30, 2019 and to be scheduled to take office at NTT Ltd. on July 1, 2019.

About NTT Communications

NTT Communications solves the world's technology challenges by helping enterprises overcome complexity and risk in their ICT environments with managed IT infrastructure solutions. These solutions are backed by our worldwide infrastructure, including industry leading, global tier-1 public and private networks reaching over 190 countries/regions, and more than 400,000m2 of the world's most advanced data center facilities. Our global professional services teams provide consultation and architecture for the resiliency and security required for your business success, and our scale and global capabilities are unsurpassed. Combined with NTT Data, NTT Security, NTT DOCOMO and Dimension Data, we are NTT Group.

www.ntt.com | Twitter@NTT Com | Facebook@NTT Com | LinkedIn@NTT Com

For more information

Public Relations

NTT Communications

Tel: +81 3 6700 4010Contact Us

(C) 2019 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
NIPPON TELEGRAPH AND TELEPHONE CORP -0.50% 5015 End-of-day quote.11.89%
NTT DATA CORP 0.07% 1348 End-of-day quote.13.95%
NTT DOCOMO INC -0.76% 2467 End-of-day quote.1.84%
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Financials (JPY)
Sales 2020 11 822 B
EBIT 2020 -
Net income 2020 875 B
Debt 2020 2 834 B
Yield 2020 3,80%
P/E ratio 2020 10,79
P/E ratio 2021 10,43
EV / Sales 2020 1,06x
EV / Sales 2021 1,05x
Capitalization 9 688 B
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 5 810  JPY
Spread / Average Target 17%
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Managers
NameTitle
Jun Sawada President, CEO & Representative Director
Satoshi Miura Chairman
Tsunehisa Okuno Director & Manager-Global Business Promotions
Mitsuyoshi Kobayashi Managing Director & Manager-Technology Planning
Katsuhiko Shirai Independent Outside Director
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