News Release ghvz090513b

May 13, 2009
[U.S. GAAP]

Financial Results Release
For the Year Ended March 31, 2009

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
(URL http://www.ntt.co.jp/ir/)
Representative: Satoshi Miura, President
Contact: Koji Ito, Head of IR, Finance and Accounting Department/ TEL(03)5205-5581
Scheduled date of the ordinary general meeting of shareholders: June 24, 2009
Scheduled date of dividend payments: June 25, 2009
Scheduled date of filing securities report: June 30, 2009

1.	Consolidated Financial Results for the Year Ended March 31, 2009 (April 1, 2008 - March 31, 2009)

Amounts are rounded off to nearest million yen throughout this report.

(1)	Consolidated Results of Operations

(2)	Consolidated Financial Position

(3)	Consolidated Cash Flows

2.	Dividends

3.	Consolidated Financial Results Forecasts for the Year Ending March 31, 2010 (April 1, 2009 - March 31, 2010)

3. Consolidated Financial Results Forecasts for the Year Ending March 31, 2010 (April 1, 2009 - March 31, 2010)

Other

(1)

Change in reporting entities (change in significant consolidated subsidiaries): None

(2)

Change in significant accounting policy and reclassification

1.	Change caused by revision of accounting standard: Yes
2.	Others: None (For further details, please see "<1> Application of New Accounting Standard".)

(3)

Number of shares outstanding (common stock)

Number of shares outstanding (including treasury stock) at end of year:

March 31, 2009:		1,574,120,900 shares
March 31, 2008:		15,741,209 shares

Number of treasury stock at end of year:

March 31, 2009:		250,844,167 shares
March 31, 2008:		2,102,471 shares

Weighted average number of shares outstanding:

For the year ended March 31, 2009:		1,345,302,411 shares
For the year ended March 31, 2008:		13,775,614 shares

(Reference)

Non-Consolidated Financial Results

For the Year Ended March 31, 2009

[Japanese GAAP]

1.	Non-consolidated Financial Results for the Year Ended March 31, 2009 (April 1, 2008 - March 31, 2009)

Amounts are rounded off per 1 million yen throughout this report.

(1)	Non-consolidated Results of Operations

(1) Non-consolidated Results of Operations

(2)	Non-consolidated Financial Position

2.	Non-consolidated Financial Results Forecasts for the Year Ending March 31, 2010 (April 1, 2009- March 31, 2010)

2. Non-consolidated Financial Results Forecasts for the Year Ending March 31, 2010 (April 1, 2009- March 31, 2010)

Notes:	1.	With regard to the assumptions and other related matters concerning the above estimated results, please refer to Disclaimer Information. As NTT evaluates the business performance on an annual basis, prospects on a half-year basis are not provided.
	2.	Figures provided for Earnings per Share, Net Assets per Share and Year-end Dividends per Share for the Fiscal Year Ended March 31, 2009, Dividends per Share for the Fiscal Year Ending March 31, 2010 (Forecasts) and Earnings per Share in the Financial Results Forecasts for the Year Ending March 31, 2010 are calculated based on the number of shares after the stock split that took effect on January 4, 2009. For information about the stock split, please see "<3> Stock Split and Implementation of Unit Share System".

(Reference)

Statement of Financial Accounting Standards No. 160, "Noncontrolling Interests in Consolidated Financial Statements - an Amendment of ARB No. 51."

In December 2007, the Financial Accounting Standards Board ("FASB") issued SFAS 160, "Noncontrolling Interests in Consolidated Financial Statements - an Amendment of ARB No. 51." SFAS 160 establishes accounting and reporting standards for the noncontrolling interest (previously referred to as minority interests) in a subsidiary and for the deconsolidation of a subsidiary. SFAS 160 requires single method of accounting as equity transactions for changes in a parent's ownership interest in a subsidiary that do not result in deconsolidation. This statement is effective for financial statements issued for fiscal years beginning on or after December 15, 2008.
In accordance with this statement, "Net Income" in the consolidated statements of income will include income from noncontrolling interests. "Net Income attributable to the parent" and "Earnings per Share attributable to the parent" in the Consolidated Financial Results Forecasts for the year ending March 31, 2010, excluding noncontrolling interests, are as follows:

Consolidated Financial Results Forecasts for the Year Ending March 31, 2010 (April 1, 2009 - March 31, 2010)

Consolidated Financial Results Forecasts for the Year Ending March 31, 2010 (April 1, 2009 - March 31, 2010)

*	"Net income attributable to the parent" is calculated in the same manner as "Net income" for the year ended March 31, 2009. (Percentages above represent changes from the previous year.)