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Nippon Telegraph and Telephone Corporation
Headquarters at Otemachi 1st Square in Ōtemachi, Chiyoda, Tokyo
Native name
日本電信電話株式会
Romanized name
Nippon Denshin Denwa kabushiki gaisha
Company type
Public
Traded as
TYO: 9432
OTC Pink Limited: NPPXF
OTC Pink Limited: NTTYY (ADR)
Nikkei 225 component (9432)
TOPIX Core30 component (9432)
Previous listings:
NYSE: NTT
LSE: NPN
Industry
Telecommunications
Predecessor
Nippon Telegraph and Telephone Public Corporation
Founded
April 1, 1985; 39 years ago (1985-04-01)
Founder
Government of Japan
Headquarters
Ōtemachi, Chiyoda, Tokyo, Japan
Key people
Jun Sawada (chairman)
Akira Shimada (president and CEO)
Products
Fixed line telephone
Mobile telephony
Broadband
Digital television
Internet television
IT and network services
Revenue
¥11.94 trillion (2021)[1]
Operating income
¥1.67 trillion (2021)[1]
Net income
¥1.12 trillion (2021)[1]
Total assets
¥22.96 trillion (2021)[1]
Total equity
¥8.20 trillion (2021)[1]
Owner
Minister of Finance (34.25%)[2]
Number of employees
303,350 (2021)[1]
Subsidiaries
NTT Docomo
NTT Communications
NTT Comware
Nippon Telegraph and Telephone East Corporation [ja]
Nippon Telegraph and Telephone West Corporation [ja]
NTT Data
NTT Urban Solutions [ja]
NTT Anode Energy [ja]
Website
group.ntt global.ntt
The Nippon Telegraph and Telephone Corporation[a] (NTT) (Corporate Number: 7010001065142)[3] is a Japanese telecommunications holding company headquartered in Tokyo, Japan. Ranked 55th in Fortune Global 500, NTT is the fourth largest telecommunications company in the world in terms of revenue,[4] as well as the third largest publicly traded company in Japan after Toyota and Sony, as of June 2022.[5] In 2023, the company was ranked 56th in the Forbes Global 2000.[6]
The company is incorporated pursuant to the NTT Law (Law Concerning Nippon Telegraph and Telephone Corporation, Etc.[b]).[7] The purpose of the company defined by the law is to own all the shares issued by Nippon Telegraph and Telephone East Corporation [ja] (NTT East) and Nippon Telegraph and Telephone West Corporation [ja] (NTT West) and to ensure proper and stable provision of telecommunications services all over Japan including remote rural areas by these companies as well as to conduct research relating to the telecommunications technologies that will form the foundation for telecommunications.
On 1 July 2019, NTT Corporation launched NTT Ltd., an $11 billion de facto holding company business consisting of 28 brands from across NTT Security, NTT Communications and Dimension Data.[8]
While NTT is listed on the Tokyo Stock Exchange and the OTC Markets Group's Pink (and formerly in the New York Stock Exchange under the ticker code "NTT" and in the London Stock Exchange under the ticker code "NPN"), the Japanese government still owns roughly one-third of NTT's shares, regulated by the NTT Law.
^ abcdef"NTT Group Website". Nippon Telegraph and Telephone Corporation. Retrieved May 6, 2020.
^"The Japanese Government Asset System and Current Conditions" (PDF). Ministry of Finance Japan. March 2019. Retrieved May 27, 2019.
^"日本電信電話株式会社の情報". National Tax Agency Corporate Number Publication Site. Retrieved 2023-12-09.
^"The World's Largest Public Companies". Forbes. Archived from the original on April 23, 2011. Retrieved 2018-09-26.
^"Largest Japanese companies by market capitalization". Retrieved 2022-06-03.
^"The Global 2000 2023". Forbes. Archived from the original on 2024-01-29. Retrieved 2024-02-07.
^"English translation of the "Law Concerning Nippon Telegraph and Telephone Corporation, Etc."" (PDF).
^Duckett, Chris. "Dimension Data, NTT Communication, and NTT Security bundled into NTT Ltd". ZDNet. Retrieved 2019-07-10.
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