News Release 030513c

March 31, 2003
[Japanese GAAP]

Non-consolidated Financial Results ReleaseMay 13, 2003
For the Fiscal Year Ended March 31, 2003

Name of registrant: Nippon Telegraph and Telephone Corporation
Code No.: 9432
Stock exchanges on which the Company's shares are listed: Tokyo, Osaka, Nagoya, Fukuoka, and Sapporo
Address of principal executive office: Tokyo, Japan
(URL http://www.ntt.co.jp/ir/)
Representative: Norio Wada, President
Contact: Shigehito Katsuki, Head of IR, Department 4/ TEL (03) 5205-5581
Date of the meeting of the board of directors for approval of the non-consolidated financial statements: May 13, 2003
Interim dividends plan: Yes
Date of the ordinary general meeting of shareholders: June 27, 2003
Adoption of the Unit Share System: No

1. Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2003 (April 1, 2002 - March 31, 2003)
Amounts are rounded off per 1 million yen throughout this report.

(1) Non-consolidated Results of Operations

(Millions of yen, except per share amounts)

Notes:

1. Weighted average number of shares outstanding (non-consolidated):

	For the fiscal year ended March 31, 2003:	16,039,415 shares
	For the fiscal year ended March 31, 2002:	16,134,538 shares
2. Change in accounting policy	No

3. Percentages above represent changes compared to the previous year.

(2) Dividends

(3) Non-consolidated Financial Position

(Millions of yen, except per share amounts)

Notes:

1. Number of shares outstanding at end of period (non-consolidated):	March 31, 2003:	15,932,436 shares
	March 31, 2002:	16,134,375 shares
2. Number of treasury stock:March 31, 2003:9 shares	March 31, 2003:	9 shares
	March 31, 2002:	215 shares

2. Non-consolidated Financial Results Forecasts for the Fiscal Year Ending March 31, 2004 (April 1, 2003 - March 31, 2004)

(Millions of yen, except per share amounts)

(Reference) Expected Earnings per Share (Fiscal year ending March 31, 2004): 4,644.61 yen