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March 29, 2018

Notice Regarding Adoption of International Financial Reporting Standards (IFRS)

Nippon Telegraph and Telephone Corporation (“NTT”) hereby announces its decision to replace the currently applied Generally Accepted Accounting Principles in the United States (“U.S. GAAP”) and adopt International Financial Reporting Standards (“IFRS”) for its consolidated financial statements in order to improve the international comparability of its financial information in the capital markets, among other reasons. The period for disclosure based on IFRS will begin with the first quarter of the fiscal year ending March 31, 2019.

(Reference) Schedule for Transition to IFRS

Year ending March 31, 2018 Financial results release, consolidated financial statements and annual securities report - U.S. GAAP*
First quarter of the fiscal year ending March 31, 2019 Quarterly financial results release and quarterly securities report - IFRS
Thereafter, disclosure will be based on IFRS.
  • *Financial forecasts for the year ending March 31, 2019 in the financial results release will be prepared and disclosed in accordance with IFRS.

For further inquiries, please contact

Tetsuya Yasuda

Accounting and Tax Subgroup
Finance and Accounting Department
Nippon Telegraph and Telephone Corporation
Phone: +81-3-6838-5421

Information is current as of the date of issue of the individual press release.
Please be advised that information may be outdated after that point.

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