Shareholder Return

Last updated : November 10, 2017

Basic policy concerning profit distribution and dividends per share

In addition to increasing corporate value over the medium- and long-term, NTT has identified the return of profits to shareholders as an important management goal. In determining the level of dividends, NTT, while giving consideration to stability and sustainability, takes into account a full range of factors, including business performance, financial standing and dividend payout ratio. In the fiscal year ending March 31, 2018, the Company plans to increase annual dividends by ¥30 per share, to ¥150 per share.

  • *Dividend is adjusted according to the two-for-one stock split effective on July 1, 2015.
  Interim Dividends End-of-term Dividends Annual Dividends
Thirty-Third Term (to March 2018) ¥75 ¥75 E ¥150 E
Thirty-second Term (to March 2017) ¥60 ¥60 ¥120
Thirty-first Term (to March 2016) ¥50 ¥60 ¥110
* Stocks held by shareholders were split at a ratio of 1 to 2 with an effective date of July 1, 2015.
Thirtieth Term (to March 2015) ¥45
[¥90]
¥45
[¥90]
¥90
[¥180]

View past info

  Interim Dividends End-of-term Dividends Annual Dividends
Twenty-Nine Term (to March 2014) ¥40
[¥80]
¥45
[¥90]
¥85
[¥170]
Twenty-Eight Term (to March 2013) ¥40
[¥80]
¥40
[¥80]
¥80
[¥160]
Twenty-Seven Term (to March 2012) ¥35
[¥70]
¥35
[¥70]
¥70
[¥140]
Twenty-Six Term (to March 2011) ¥30
[¥60]
¥30
[¥60]
¥60
[¥120]
Twenty-Five Term (to March 2010) ¥30
[¥60]
¥30
[¥60]
¥60
[¥120]
Twenty-Four Term (to March 2009) ¥27.5
[¥5,500]
¥27.5
[¥55]
¥55
[ - ]
* Stocks held by shareholders were split at a ratio of 1 to 100 with an effective date of January 4, 2009.
Twenty-Third Term (to March 2008) ¥22.5
[¥4,500]
¥22.5
[¥4,500]
¥45
[¥9,000]
Twenty-Second Term (to March 2007) ¥20
[¥4,000]
¥20
[¥4,000]
¥40
[¥8,000]
Twenty-first Term (to March 2006) ¥15
[¥3,000]
¥15
[¥3,000]
¥30
[¥6,000]
Twentieth Term (to March 2005) ¥15
[¥3,000]
¥15
[¥3,000]
¥30
[¥6,000]
Nineteenth Term (to March 2004) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Eighteenth Term (to March 2003) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Seventeenth Term (to March 2002) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Sixteenth Term (to March 2001) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Fifteenth Term (to March 2000) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Fourteenth Term (to March 1999) ¥12.5
[¥2,500]
¥37.5
[¥7,500]
¥50
[¥10,000]
Thirteenth Term (to March 1998) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Twelfth Term (to March 1997) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Eleventh Term (to March 1996) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Tenth Term (to March 1995) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Ninth Term (to March 1994) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
¥5,000
Eighth Term (to March 1993) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Seventh Term (to March 1992) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Sixth Term (to March 1991) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Fifth Term (to March 1990) ¥12.5
[¥2,500]
¥17.5
[¥3,500]
¥30
[¥6,000]
Fourth Term (to March 1989) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Third Term (to March 1988) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
Second Term (to March 1987) ¥12.5
[¥2,500]
¥12.5
[¥2,500]
¥25
[¥5,000]
First Term (to March 1986) - ¥25
[¥5,000]
¥25
[¥5,000]
  • *Dividend is adjusted according to the 100-for-1 stock split effective on January 4, 2009 and the 2-for-1 stock split effective on July 1, 2015. ([ ]:It is before stock split)
  • *In November 1995 the Company's shares were split in the ratio of 1.02 for each share held.
  • *Stocks held by shareholders were split at a ratio of 1 to 100 with an effective date of January 4, 2009.
  • *Stocks held by shareholders were split at a ratio of 1 to 2 with an effective date of July 1, 2015.

Acquisitions of Treasury Stock (Cumulative)

With consideration for business and market trends, the Company has taken an agile and flexible approach to acquisitions of treasury stock with the objective of achieving EPS targets and increasing capital efficiency.

  • *On September 25, 2017 NTT resolved to acquire up to ¥150 billion in stock repurchases.

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