|May 12, 2006|
NTT Implements Organizational Reform
In order to strengthen internal control functions of the NTT Group amid the growing social demand for enhanced internal control, Nippon Telegraph and Telephone Corporation (NTT) has decided to establish the Internal Control Office.
1. Overview of the Organizational Reform
NTT has set up the Internal Control Office under Department V to improve Group-wide internal control functions including its response to the Company Law of Japan and the Sarbanes-Oxley Act of the United States, and to increase transparency and soundness of the Group's management.
With the establishment of the Internal Control Office, all the works previously handled by the Internal Audit Office under Department IV have been transferred to the Internal Control Office.
Attachment: Organizational Structure of NTT
2. Effective Date of Implementation
Friday, May 12, 2006
For more information, please contact:
Mr. Kurita or Mr. Saitou
Copyright (c) 2006 Nippon telegraph and telephone corporation