Financial Results for the Three Months Ended June 30, 2022
August 8, 2022
This document is a translation of the Japanese original. The Japanese original is authoritative.
The forward-looking statements and projected figures concerning the future performance of NTT and its subsidiaries and affiliates contained or referred to herein are based on a series of assumptions, projections, estimates, judgments and beliefs of the management of NTT in light of information currently available to it regarding NTT and its subsidiaries and affiliates, the economy and telecommunications industry in Japan and overseas, and other factors. These projections and estimates may be affected by the future business operations of NTT and its subsidiaries and affiliates, the state of the economy in Japan and abroad, possible fluctuations in the securities markets, the pricing of services, the effects of competition, the performance of new products, services and new businesses, changes to laws and regulations affecting the telecommunications industry in Japan and elsewhere, other changes in circumstances that could cause actual results to differ materially from the forecasts contained or referred to herein, as well as other risks included in NTT's most recent Annual Securities Report and in any other materials publicly disclosed by NTT on its website.
"E" in this material represents that the figure is a plan or projection for operation.
"FY" in this material indicates the fiscal year ending March 31 of the succeeding year.
Copyright 2022 NTT CORPORATION
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Table of Contents
Overview of Consolidated Results for FY2022.1Q
Topics
Appendix
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Overview of Consolidated Results for the Three Months
Ended June 30, 2022
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Status of Consolidated Results for FY2022.1Q
Operating Revenues, Operating Income and Profit all increased
Operating Revenues and Profit reached new record high levels
Status of Consolidated Results
Operating Revenues:
¥3,068.9B
<+¥176.3B
[+6.1%] year-on-year>
Operating Income:
¥503.4B
<
+¥17.1B
[+3.5%] year-on-year>
Profit(1):
¥368.6B
<
+¥28.6B
[+8.4%] year-on-year>
Overseas Operating
Income Margin(2):
6.1%< +2.1pt year-on-year>
Profit presented above represents the profit attributable to NTT, excluding noncontrolling interests.
The scope of consolidation consists of the subsidiaries of NTT, Inc. at the time the medium-term strategy was formulated (NTT DATA's overseas businesses,
NTT Ltd., NTT Communications' overseas businesses, etc.). Overseas Operating Income Margin excludes temporary expenses, such as M&A-related depreciation costs of intangible fixed assets.
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NTT - Nippon Telegraph & Telephone Corporation published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2022 07:52:04 UTC.
Nippon Telegraph and Telephone Corporation (NTT) is one of the Japanese largest telecommunications operators. Net sales break down by activity as follows:
- systems integration services (32.8%). In addition, the group offers cloud services, data hosting, managed services, etc.;
- networking and interconnection services (28.3%);
- mobile telephony services (9.1%): 84.8 million subscribers at the end of March 2022;
- fixed-line telecommunications services (7.5%): local and long-distance telephony services
- sale of telecommunications terminals (5.7%);
- other (16.6%): primarily distribution of films, music and e-books, financial services, real estate management and renewable energy production.
Japan accounts for 81.9% of net sales.