Ntt Inc · TSE:9432

Ntt — Investor Presentation (October 2021)

78 slides from Ntt's investor presentation, October 2021

1. Slide 1: IR Presentation

   IR Presentation Ver.21101

2. Slide 2: Forward-looking statements disclaimer

   This document is a translation of the Japanese original. The Japanese original is authoritative. The forward-looking statements and projected figures concerning the future performance of NTT and its subsidiaries and affiliates contained or referred to herein are based on a series of assumptions, pro

3. Slide 3: Contents

   Contents Overview of Consolidated Results for FY2021.1Q and FY2021 Forecast Other Businesses FY2021.1Q Financial Results – Key Points 4 Promote B2B2X Model 45 Status of Consolidated Results for FY2021.1Q 5-6 Strategic Business Alliance with Fujitsu for the 46 Future Outlook Based on FY2021.1Q Result

4. Slide 4: Overview of Consolidated Results for FY2021.1Q and FY2021 Forecast

   Overview of Consolidated Results for FY2021.1Q and FY2021 Forecast Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 3

5. Slide 5: 2021.1Q Financial Results – Key Points

   2021.1Q Financial Results – Key Points ・In FY2021 1Q, revenues and profit both progressed more strongly than expected. ➢ Operating revenues increased by 126.1 billion yen (an increase of 4.6%) year-over-year due to an increase in sales of devices by NTT DOCOMO and an increase in SI revenues at NTT D

6. Slide 6: Status of Consolidated Results for FY2021.1Q

   Status of Consolidated Results for FY2021.1Q ◼ Both revenues and income exceeded expectations ◼ Year-on-year, operating revenues increased, operating income decreased and profit increased ◼ Profit set a new record high level Status of Consolidated Results ⚫ Operating Revenues: ¥2,892.6B <+¥126.1B [+

7. Slide 7: Contributing Factors by Segment for FY2021.1Q

   Contributing Factors by Segment for FY2021.1Q (Billions of yen) Operating Revenues <Year-on-year:＋126.1> Regional Long Distance and Mobile Data Other Elimination of Communications International Communications Communications Business Inter-Segment Business Communications Business Business Transaction

8. Slide 8: Future Outlook Based on FY2021.1Q Results

   Future Outlook Based on FY2021.1Q Results ◼ Mobile Competitive Environment • Sales, especially in ahamo, were strong, with both net increases and MNP improving as expected • Acquisition of the younger market in particular has been strong, and we are aiming to further expand our customer base • The d

9. Slide 9: FY2021 Forecast Summary

   FY2021 Forecast Summary ◼ Operating Revenues, Operating Income and Profit will all increase ◼ Operating Revenues, Operating Income and Profit are each expected to reach record high levels Consolidated Revenues and Income Plan FY2020 Results FY2021 Forecast Year-on-Year Operating ¥11,944.0B ¥12,000.0

10. Slide 10: FY2021 Forecast Summary by Segment

    FY2021 Forecast Summary by Segment (Billions of yen) Operating Revenues [Year-on-year: ＋56.0] Regional Long Distance and Mobile Data Other Elimination of Communications International Communications Communications Business Inter-Segment Business Communications Business Business Transactions Business

11. Slide 11: Topics

    Topics Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 10

12. Slide 12: Contributions to the Tokyo 2020 Olympic and Paralympic Games

    Contributions to the Tokyo 2020 Olympic and Paralympic Games ◼ Management of the Games (Network Operation, Etc.) • NTT has been operating the networks used for broadcasting and for the management of the games without any issues to this point, and will continue to provide for the networks’ stable ope

13. Slide 13: Contributions to Sports through R&D

    Contributions to Sports through R&D ◼ Joint Testing with the Japan Softball Association • November 2017 Entered into Joint Testing Agreement NTT conducted experimental and actual measurements of top players’ and younger players’ “series of actions for batting,” promoting research on the performance

14. Slide 14: Initiatives in Response to COVID-19

    Initiatives in Response to COVID-19 ◼ Employee Vaccination Status • NTT Group as a whole plans to vaccinate approximately 164,000 people by the end of the year • Began in stages on June 28, with vaccinations of approximately 58,000 people completed as of July 31 ◼ Rate of Remote Work • Rate of remot

15. Slide 15: Strengthening and Globalizing R&D

    Strengthening and Globalizing R&D ◼ Launch new business using “Personalized Sound Zone (PSZ) Technology” • Helps achieve a more fulfilling life by effectively controlling the spaces where sounds can be heard and creating a comfortable acoustic space • “NTT sonority, Inc.” to be established in Septem

16. Slide 16: Initiatives to Create a Remote World

    Initiatives to Create a Remote World ◼ Launch New Services ① Began development of “evidence.path™”, a cloud service that converts corporate bond issuance processes to DX (NTT Data Group, services planned to launch in February 2022) ✓ Converts paper-based processes that are done through paper, stamps

17. Slide 17: NTT Group Medium-Term Management Strategy

    NTT Group Medium-Term Management Strategy Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 16

18. Slide 18: Directionality of Refinement of the Medium-Term Management Strategy

    Directionality of Refinement of the Medium-Term Management Strategy FY2023 Effect of Synergies in Profit Increase the Newly Formed of DOCOMO Group ¥100.0 billion FY2023 Achieving Transformation to a New Cost Reductions EPS of Management Style over ¥200.0 ¥370 in (Further Promotion of DX) billion FY2

19. Slide 19: Directionality of NTT Group's Transformation

    Directionality of NTT Group’s Transformation Social/Economic NTT Group’s Directionality Directionality Contribution to the Achievement Advancement of Enhance Domestic and Digitalization/DX Global Business of a Sustainable Society Society During A New Management Style COVID-19 and Suitable for a Dece

20. Slide 20: New Strategic Framework

    New Strategic Framework • Growth and strengthening of the newly formed ① DOCOMO Group Enhance • Promotion of the IOWN development/rollout plan Domestic/Global • Enhance competitiveness in global business Business • Promote B2B2X model • Strengthening of new businesses ② Transformation to a • New sty

21. Slide 21: Growth and Strengthening of the Newly Formed DOCOMO Group

    Growth and Strengthening of the Newly Formed DOCOMO Group ◼ Challenge of the New DOCOMO Group New DOCOMO Group Medium-Term Strategy Expansion of enterprise business Expansion of the Smart Life Business Strengthening the telecommunications Strengthening global business business Strengthening IT Stren

22. Slide 22: Refinement of Medium-Term Financial Targets

    Refinement of Medium-Term Financial Targets (Reference) Target Current Target New Target FY2021 Plan EPS Approx. ¥320 ¥370 ¥302 (FY2023) (FY2023) Overseas (1), (2) ＄25B ー ＄19B Sales (FY2023) (FY2023) Overseas (1) Operating Income 7% 7% 6% (FY2023) (FY2023) Margin Cost Reductions (3) At least At leas

23. Slide 23: Transition of Medium-Term Targets

    Transition of Medium-Term Targets *1 EPS Growth Cost Reductions （in fixed-line/mobile access networks） Oct. 2021 Profit expansion 370yen Refinement /share buybacks FY 2017 FY 2018 FY 2019 FY 2020 FY 2021E FY 2023 Target 248yen 302yen 231yen ▲220 212yen 220yen billion yen ▲500 *2 billion yen ▲670 bil

24. Slide 24: Global Business

    Global Business Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 23

25. Slide 25: Global Business Overview

    Global Business Overview Overseas Sales/Overseas Operating Income Margin* Operating profit Margin 6.0% Revenue $18.4B $18.9B $19.5B $18.6B $19.0B Operating Profit 3.2% 3.0% 3.1% 2.4% $1.14B $0.56B $0.60B $0.46B $0.56B FY 2017 FY 2018 FY 2019 FY 2020 FY 2021E * Including results from the global holdi

26. Slide 26: Organization Chart of Global Business

    Organization Chart of Global Business ⚫ We established a new global holding company under NTT Corporation by the third quarter of the fiscal year ending March 31, 2019.And NTT Communications, Dimension Data, NTT DATA, NTT Security, and NTTi3 will be transferred to NTT, Inc. and will align together u

27. Slide 27: Structural Reform of NTT Ltd.

    Structural Reform of NTT Ltd. ⚫ Promoted integration at NTT Ltd. since its establishment in July 2019 ⚫ Promoting structural reforms to realize business shift to attractive markets centered on managed IT services • Streamlining business operations - Optimization by consolidating operations and overl

28. Slide 28: Smart City Project (Las Vegas City)

    Smart City Project (Las Vegas City) Pain Point of the City: To reduce “Response Time” Requirements: ① Reactive actions: Notify “What is going on？” ② Proactive actions: Notify “What is going to happen next？” ③ Flexible ICT : Deploy ICT resources ASAP NW bandwidth Actions by Officers City Sensor setti

29. Slide 29: Smart City Project (Chicago City)

    Smart City Project (Chicago City) ・By leveraging the Smart City technology being provided in Las Vegas, facilitates real-time awareness of on-site situations and provides information to visitors by using statistical data on space occupancy and analysis of usage patterns for particular times ・ Contri

30. Slide 30: Global Data Centers Service delivery schedule

    Global Data Centers Service delivery schedule FY2020 FY2021 India UK Japan US Malaysia US US US In 20 + Countries/ Regions Mumbai 7 London 1 Tokyo 11 Hillsboro 1 Cyberjaya 5 Chicago 1 Silicon Valley 1 Ashburn 5 Data Center Data Center Data Center Data Center Data Center Data Center Data Center Data

31. Slide 31: Mobile Communication Business

    Mobile Communication Business Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 30

32. Slide 32: NTT DOCOMO Recent Major Topics

    NTT DOCOMO Recent Major Topics ・ Cumulative total of over 10,000 “Lightning Speed 5G” base stations (June) Communications business ・ Launch of “U15 Hajimete Sumaho Plan” (July) ・ Launch of "home 5G" (scheduled for August) • Introduction of a new genre "Live" to dTV (May) • Development of a business

33. Slide 33: NTT DOCOMO Fast Expansion of 5G Area

    NTT DOCOMO Fast Expansion of 5G Area Number of 5G base stations reached 10,000 and is expanding steadily Introduction of 5G Core Network and launch of standalone 5G services planned for the third quarter (Number of 5G base stations) 32,000 20,000 Population coverage* approx.70% 10,000 Population 7,1

34. Slide 34: NTT DOCOMO Launch docomo Economy MVNOs

    NTT DOCOMO Launch docomo Economy MVNOs • Agreed with FreeBit Co. Ltd. and NTT Communications Corporation as first economy MVNOs • Create synergies with economy MVNOs in both line business and membership business • Promote transition to • Enhance customer support smartphones Line (docomo Shops nation

35. Slide 35: NTT DOCOMO Rate services (docomo, economy MVNOs)

    NTT DOCOMO Rate services (docomo, economy MVNOs) • Provide rate services catering to individual lifestyles for long-term reliable use • Meet low-cost, low-capacity customers' needs with economy MVNO rate services Data Students Seniors Price range 20–29 30–39 40–49 50–59 capacity (aged 10–19) (60 and

36. Slide 36: NTT DOCOMO Provision of 5G Solutions

    NTT DOCOMO Provision of 5G Solutions Expand and advance sectors by enrichment of 5G solutions, etc. Accelerate growth through horizontal deployment in Japan and overseas Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 35

37. Slide 37: Smart Life Business: Principal Services

    NTT DOCOMO Smart Life Business: Principal Services Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 36

38. Slide 38: Growth and Scope Expansion of Finance/Payment Business

    NTT DOCOMO Growth and Scope Expansion of Finance/Payment Business Further grow finance/payment business by stimulating everyday use, and broaden scope of business by strengthening customer touchpoints and data utilization Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 37

39. Slide 39: NTT DOCOMO Creation of New Lifestyles

    NTT DOCOMO Creation of New Lifestyles Reinforce video business leveraging 5G’s unique properties and tackle new business development making use of our membership base Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 38

40. Slide 40: NTT DOCOMO Digitalization of Sales Channel

    NTT DOCOMO Digitalization of Sales Channel Accelerate digital shift of sales channel and DX utilization responding to the needs of society (Support digitalization and DX of customers) Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 39

41. Slide 41: NTT DOCOMO Termination of FOMA (3G) Service

    NTT DOCOMO Termination of FOMA (3G) Service Terminate 3G service on Mar.31, 2026 ◆ Stop accepting ◆ Terminate service on Mar. 31, 2026 new applications for 3G after Mar.31 2020. ◆ Max.download speed of 1.7Gbps to be offered from Mar. 2020 ◆ Commercial launch in Mar. 2020 Copyright 2021 NIPPON TELEGR

42. Slide 42: Fixed-line Communication Business

    Fixed-line Communication Business Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 41

43. Slide 43: Local 5G utilization example

    Local 5G utilization example ➢ Realizing the improvement of the manufacturing site by remote monitoring, etc. by utilizing local 5G, eliminates labor shortage and improves productivity .(Collaboration agreement with Yamaguchi Prefecture and joint experimental agreement with Hibiki Seiki Co., Ltd. Ap

44. Slide 44: Migrate PSTN to IP Networks

    Migrate PSTN to IP Networks Simplify services and networks with IP networks ⚫ Nation-wide call rates to fixed-line telephones will be 8.5 yen per every 3 minutes (from January 2024) ⚫ Migrate tandem/signal transfer switches to IP, and connect to other carriers through IP (scheduled completion by Jan

45. Slide 45: Other Businesses

    Other Businesses Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 44

46. Slide 46: Promote B2B2X Model

    Promote B2B2X Model ⚫ Number of B2B2X Projects: 112 (as of the end of July 2021) ⚫ Set B2B2X Sales Target: ¥600.0 billion (for FY2023) Sales / Number of Projects Target ¥ 600.0 billion Create new B2B2X project 440円 ¥ 60 billion FY 2018 FY 2020 1Q FY 2023 target Number of Projects 39 112 Copyright 20

47. Slide 47: Strategic Business Alliance with Fujitsu

    Strategic Business Alliance with Fujitsu for the “Realization of a Sustainable Future Digital Society” NTT Fujitsu As “Your Value Partner,” aims to resolve Makes the world more sustainable by social issues through its business building trust in society through operations, working together with its i

48. Slide 48: Create New Lines of Business (1)

    Create New Lines of Business(1) We are rolling out urban development plans with maximum use of resources such as nationwide exchange station buildings by collaborating with NTT Group's regional bases and building partnerships with other companies and organizations. Main group resources Telephone exc

49. Slide 49: Create New Lines of Business (2): Smart Energy Business

    Create New Lines of Business(2) Promotion of Smart Energy Business FY2025 (Target) ⚫ Establishment of “NTT Anode Energy” (June 3, 2019) ⚫ Efforts to popularize and expand the use of renewable energy ■ Expansion of Green energy (capital tie-up etc.) Geothermal power July 2020 ／ Biomass August 2020 Wi

50. Slide 50: R&D

    R&D Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 49

51. Slide 51: Worldwide promotion of research and development

    Worldwide promotion of research and development Road to (1) Wireless - Expanding wireless coverage IOWN and increasing capacity - 6G strategy Cognitive Foundation (4) Disaggregated Computing / OS (2) All-Photonics Network (APN) (3) Digital Twin - LSI serving as a key Computing (DTC) to the APN - 4D

52. Slide 52: Open access networks (O-RAN plus vRAN)

    Open access networks (O-RAN plus vRAN) Flexible and advanced management Operational vCU vDU operations High availability Scalability RU RU Resilience RU Virtualization management Operational vCU vRAN vDU NEC NTT RU RU - Software technology - Verification for practical RU - Production technology use

53. Slide 53: Three elements that make up IOWN

    Three elements that make up IOWN Cognitive Foundation Digital Twin Computing API Cloud Ctrl Ctrl Edge Multi-orchestrator API Fixed network Mobile network API Ctrl Operator A Operator B Operator C Operator D Ctrl Ctrl Ctrl API API Ctrl All Photonics Network Copyright 2021 NIPPON TELEGRAPH AND TELEPHO

54. Slide 54: Shareholder Returns/ ESG

    Shareholder Returns/ ESG Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 53

55. Slide 55: Shareholder Returns (1)

    Shareholder Returns (1) ◆Dividend Policy • Basic policy is steady dividend increases ◆Share Buybacks • Carry out buybacks flexibly to improve capital efficiency Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 54

56. Slide 56: Shareholder Returns (2)

    Shareholder Returns (2) Share Buybacks ⚫ Resolved to buy back shares in order to improve capital efficiency and enhance shareholder returns ⚫ Details of Share Buybacks ・Aggregate Amount: Up to ¥250.0 billion ・Aggregate Number of Shares: Up to 100,000,000 shares ・Buyback Period: From August 10, 2021

57. Slide 57: Changes in Dividend

    Changes in Dividend 110 （Yen） 105 100 85% 75 65% Dividend per share Payout Ratio 50 45% 40.9% 41.1% 42.3% 38.2% 37.0% 38.0% 36.4% 32.3% 31.2% 33.4% 32.9% 25 31.4% 30.7% 12.5 25% 27.5% 23.2% 19.5% 17.2% 12.3% 13.1% 0 5% • Dividend reflects the one hundred-for-one stock split effective on January 4, 2

58. Slide 58: Record of Share Buybacks

    Record of Share Buybacks Approx. 4.5 Trillion Yen in Buybacks (Billions of yen) From From From From From From From From From From From From Market/ Market/Gov’t Market/ Market/ Market/ Gov’t Gov’t Market Gov’t Market Market Gov’t Market Market Gov’t Gov’t 600 539.4 *8 501.1 500 *5 406.5 *7 400 *4 38

59. Slide 59: Changes of EPS and Outstanding Shares

    Changes of EPS and Outstanding Shares EPS(right axis) (mil shares) （Yen） 302 EPS Growth (Average Annual Growth Rate +11.0%) 96 (Note1) Outstanding Shares : Average number of shares outstanding, excluding own shares (Note2) This chart reflects the two-for-one stock split effective on July 1, 2015 , a

60. Slide 60: Promote ESG Management (1)

    Promote ESG Management (1) Environment Social Governance ⚫ Reduce ⚫ Promote diversity ⚫ Enhance structure on environmental impact ⚫ Protect personal the basis of the intent ⚫ Leverage ICT to information of Japan’s Corporate contribute to the ⚫ Support customers in Governance Code environment reinfor

61. Slide 61: Promote ESG Management (2): NTT Green Innovation toward 2040

    Promote ESG Management (2) NTT Green Innovation toward 2040 80% Reduction in Greenhouse Gas Emissions 2030 (compared to FY2013) Mobile (NTT DOCOMO) Carbon-Neutral Data Centers 2040 Carbon-Neutral • Targets of the Above Reduction Objectives GHG Protocol: Scope 1 (our own direct greenhouse gas emissio

62. Slide 62: Promote ESG Management (2)

    Promote ESG Management (2) Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 61

63. Slide 63: Promote ESG Management (3)

    Promote ESG Management (3) ◼ Enhancement of Governance ① Introduced the outside member of the board/executive officer system to major subsidiaries (NTT East, NTT West, NTT Com and NTT Urban Solutions) ② Expanded the scope of performance-based compensation from 30% to 50%, and introduced a new stock

64. Slide 64: Financial Data, etc.

    Financial Data, etc. Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 63

65. Slide 65: NTT Group Formation

    NTT Group Formation Voting rights to major subsidiaries (As of March 31, 2021) Operating revenue：¥4,725.2 billion 100% Operating income ：¥ 913.2 billion Mobile communications No. of employees ： 28,100 business No. of subsidiaries： 82 Operating revenue：¥3,207.4 billion 100% Operating income ：¥ 420.2

66. Slide 66: Trend in Consolidated Financial Results

    Trend in Consolidated Financial Results 11.9 11.9 11.9 12.0 11.8 ■ Operating 11.8 11.5 11.4 Revenues 11.1 10.9 （Trillion yen） ■ Operating 1.54 1.64 1.64 1.69 1.56 1.67 1.73 Income 1.21 1.08 1.35 /Operating Profit （Trillion yen） 0.91 0.90 0.85 0.86 0.92 1.09 0.80 * 0.74 ■ Net Income 0.59 0.52 /Profit

67. Slide 67: Changes in Consolidated Operating Revenues

    Changes in Consolidated Operating Revenues ：Mobile communications business ：Data communications business ：Regional communications business ：Other business ：Long distance and international （Billion yen） communications business 15,000 12,000.0 11,799.6 11,782.1 11,879.8 11,899.4 11,944.0 11,541.0 11,3

68. Slide 68: Changes in Consolidated Operating Income

    Changes in Consolidated Operating Income ：Mobile communications business ：Data communications business ：Regional communications business ：Other business （Billion yen） ：Long distance and international 2,000 communications business 1,730.0 1,693.8 1,671.4 1,642.8 1,641.1 1,539.8 1,562.2 1,500 1,348.1

69. Slide 69: Changes in CAPEX

    Changes in CAPEX ：Mobile communications business ：Data communications business ：Regional communications business ：Other business ：Long distance and international （Billion yen） communications business 1,892.8 2,000 1,817.5 1,687.2 1,806.6 1,700.0 1,674.8 1,697.0 1,728.3 1,750.0 1,697.9 753.7 703.1 57

70. Slide 70: Changes in Interest-bearing Debt

    Changes in Interest-bearing Debt （Billion yen） Debt/Equity ratio* * Debt Equity ratio = Interest-bearing debt / Shareholders’ equity x 100 Copyright 2021 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 69

71. Slide 71: Medium-Term Debt Levels

    Medium-Term Debt Levels ◼ Medium-Term Debt Levels are ¥6 trillion that mean Debt/EBITDA Ratio is Approx. 2x ◼ Debt will be repaid while maintaining the same shareholder returns as before. Acquisition Spin-Off Securitizations of NTT of of Debt DOCOMO Leasing Business Receivables Repayments 〔¥9.0 tril

72. Slide 72: Changes in Number of Employees

    Changes in Number of Employees ：Mobile communications business ：Data communications business ：Regional communications business ：Other business ：Long distance and international communications business 319,050 324,650 327,750 307,900 (296,500) (298,900) (319,500) (284,550) 28,100 29,100 284,550 27,550

73. Slide 73: Age Distribution of Employees at NTT East, NTT West and Outsourcing Companies

    Age Distribution of Employees at NTT East, NTT West and “Outsourcing Companies” (As of March 31, 2021） 4,000 Number of Employees 2,000 0 20 30 40 50 60 65 Age * Figures for East Outsourcing Companies include employees from the consolidated regional outsourcing companies (NTT EAST-MINAMIKANTO and oth

74. Slide 74: Changes in Personnel expenses (NTT East Group, NTT West Group)

    Changes in Personnel expenses (NTT East Group, NTT West Group) （Billion yen） 1000 500 938.5 885.7 827.6 785.1 738.1 709.4 683.2 675.4 664.0 0 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E * The scope of aggregation for each of the figures are not audited and are provided for refere

75. Slide 75: Broadband Access Services in Japan

    Broadband Access Services in Japan Mobile Fixed Mobile FTTH Approx. Approx. Rakuten mobile 194.33M subs 35.02M subs market share Approx. 2％ SoftBank SoftBank market share 150M Approx. 25％ 30M KDDI KDDI market share 100M Approx. 31％ NTT EAST and 20M NTT WEST Approx. 22.56M subs NTT DOCOMO CATV Approx

76. Slide 76: Fixed Broadband Business FTTH Subscriptions

    Fixed Broadband Business FTTH Subscriptions FTTH Subscriptions (Sum of NTT East and NTT West） * 23.26 22.56 Reference: (millions subs) 21.66 FY2021E Breakdown of FTTH Subscriptions (millions subs) 21.08 20.05 20.53 Hikari FY2021E Collaboration Total FTTH Service: +0.70 Model Change from preceding Fi

77. Slide 77: Share Buybacks and Cancellation

    Share Buybacks and Cancellation ＜＞：share holding ratio Buyback from Buyback from Buyback from Disposal of treasury stock by way of Buyback from Gov’t and Cancellation Gov’t and Cancellation Gov’t and third-party Market Market Market Market allotment Excess Holdings 118mil. shares Excess Holdings 98m

78. Slide 78: Your Value Partner

    Your Value Partner

Nippon Telegraph and Telephone Corporation (NTT) — Investor Presentation (October 2021) on 6ix