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Communicating with our customers
| The NTT Group showcases its vision to its customers for the future of communications at various exhibitions and events. NTT Dream Kids Net Town 2006 was held in Tokyo and Sendai during July and August 2006. The event's intended audience of 4th through 6th grade students was fascinated to learn about the latest communications services and network structures. The event welcomed 940 visitors and lasted eight days, five days in Tokyo (July 26-30) and three days in Sendai (August 14-16). NTT, together with NTT Communications and NTT DoCoMo, exhibited at ITU TELECOM WORLD 2006 held in Hong Kong (December 4-8). The exhibit highlighted the NTT Group's vision for a society equipped with ubiquitous broadband communications, and its efforts to contribute to the achievement of that vision in Asia and throughout the world. The NTT R&D Forum (February 8-9, 2007) focused on the theme "Towards a Communication Future Focused on People and the Earth". The forum presented NTT's new R&D Vision along with the latest technologies that will transform business in the future and cutting edge technologies that anticipate telecommunications in ten to twenty years' time. |
NTT Dream Kids Net Town 2006 NTT R&D Forum ITU TELECOM WORLD 2006 |
Communicating with our suppliers
To continue to provide customers with competitive, state-of-the-art services at reasonable prices, the NTT Group considers it essential to introduce cost-effective new technologies and products on a timely basis. To that end, it has become increasingly important for us to accurately identify customer needs, establish good partnerships with suppliers, and work closely with them to equip society with ubiquitous broadband communications.Green procurement policies that encourage all relevant parties to consider the impact of procured products on the environment are also indispensable.
To build trust-based, open partnerships with our suppliers, we established and published our Basic Procurement Policy in 1999. (See Basic Procurement Policy on the right.)
For the benefit of suppliers, we also post procurement information on our website, and have procurement contact points in North America and Europe as well as in Japan for fielding inquiries and providing guidance on procurement.
Basic Procurement Policy
When procuring products, NTT will:- conduct its procurement in an open and transparent manner, taking into account its business needs;
- provide non-discriminatory and competitive opportunities to both domestic and foreign suppliers; and
- conduct global and market-driven procurement of competitive products that meet its business needs.
Communicating with our shareholders and investors
1. Basic philosophy
NTT recognizes that it is critically important to serve the best interests of its shareholders and other investors over the long term. The group as a whole has been making a concerted effort to enhance corporate value and make appropriate returns to shareholders. At the same time, we are striving to improve the transparency of management through appropriate disclosure and IR activities so that shareholders, investors, and other stakeholders can make correct evaluations of our business performance.2. About NTT stock
NTT stock has, since privatization in 1985, gone through six offerings of government-owned shares, and as of the end of March 2007, is in the hands of approximately 1.45 million shareholders (including holders of fractional shares). We also instituted a repurchase of shares on September 6, 2005, at which time the government sold a part of its remaining stock, bringing its share down to only 33.78% and almost completely eliminating supply pressure (overhang) from government offerings. The chart below shows the breakdown of NTT shareholders as of the end of March 2007.
NTT shareholders
3. Dividends
NTT determines the size of dividends based on overall business performance including dividend payout ratio as well as the company's overall financial conditions with the additional consideration on the stability and continuity of dividends. During fiscal 2007, NTT increased its yearly dividend from \6,000 to \8,000 per share, and dividends for fiscal 2008 are expected to rise to \9,000.4. Disclosure and IR activities
NTT has listed its shares on several stock exchanges (Tokyo, Osaka, Nagoya, Fukuoka, Sapporo, New York, and London), and has issued domestic and foreign bonds to procure funds. NTT considers it extremely important to establish and maintain relationships of trust with its shareholders and investors in both domestic and foreign capital markets, and accordingly discloses information in a timely, appropriate and impartial manner, fulfilling its accountability as a business corporation and ensuring management transparency.To help shareholders and investors to better understand its management strategy, NTT also actively conducts IR activities, and provides opportunities for direct communications between shareholders and top management of the company by holding various events in addition to general shareholders' meetings, including IR roadshows, corporate strategy briefings, financial results briefings, and presentations for investors in corporate bonds.
NTT is committed to impartial disclosure to shareholders, investors, and other stakeholders, and is enriching the content of its IR website in this respect. The site provides presentation materials and videos of various briefings in addition to financial results announcements, annual securities reports, and annual reports.
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| IR website
- Selected by Daiwa Investor
Relations for an Internet IR Best
Company Award for the 7th
consecutive year Annual report and "NTT is..." pamphlets for communication with shareholders |
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| Socially Responsible Investment (SRI) NTT has been rated highly by SRI evaluation organizations. It is listed on international SRI indexes such as the Ethibel Excellence Index and Ethibel Pioneer Index (Belgium) and FTSE4Good Global Index (UK), and also in Japan on Morningstar Japan's SRI Index (as of September 1, 2007).
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Ethibel Excellence Index
Ethibel Pioneer Index
Morningstar
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