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NTTis... Summer 2009

Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2010

  • It is expected that the economy will continue to worsen during the fiscal year ending March 31, 2010. NTT Group’s financial results for this fiscal year are forecasted as follows: consolidated operating revenues, 10,300.0 billion yen (a decrease of 1.1% from the previous fiscal year); consolidated operating income, 1,110.0 billion yen (0.0% change from the previous fiscal year); and consolidated net income, 460.0 billion yen (a decrease of 14.6% from the previous fiscal year).
  • Although the decrease in revenues will become less pronounced due to the declining effects of NTT DOCOMO’s new discount services, consolidated operating revenues for the fiscal year ending March 31, 2010 are expected to decline over 100.0 billion yen mainly as a result of decreased revenues from voice communication services.
  • Consolidated operating expenses for the fiscal year ending March 31, 2010 are expected to decrease by more than 100.0 billion yen due to extensive group-wide efforts to reduce costs.
  • As a result, NTT Group’s target is to maintain its consolidated operating income for the fiscal year ending March 31, 2010 at the same level as the previous fiscal year.

Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2010

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Consolidated and Main Subsidiaries' Financial Results Forecasts for the Fiscal Year Ending March 31, 2010

Consolidated and Main Subsidiaries' Financial Results Forecasts for the Fiscal Year Ending March 31, 2010

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, 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 Report on Form 20-F and other filings and submissions with the United States Securities and Exchange Commission.

NTTis... Summer 2009
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