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Presentation materials for financial results9432NTT,Inc.Information and Communications, Services and Others

Supplementary Financial Results Materials for Fiscal 2025

In FY2025, operating revenues were ¥14,409.1 billion and operating profit was ¥1,706.2 billion, representing year-on-year increases in both operating revenues and operating profit. Net income and EBITDA also increased, while some segments, including Other Businesses, deteriorated.

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
14.4091
¥ trillion (FY2025 operating revenues)
Wording
Conditional
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportFY2025 (fiscal year ending March 2026), full year7 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥14,409.1 billion
Operating profit¥1,706.2 billion
Ordinary income¥1,581.9 billion profit before tax
Net income¥1,037 billion net income attributable to the Company
Results for the three months of the current quarter
Operating revenue
¥3,988.1 billion FY2025 4Q
Operating profit
¥249.1 billion FY2025 4Q
Income before taxes
¥208.2 billion FY2025 4Q
Net income attributable to the Company
¥111 billion FY2025 4Q
EBITDA
¥766 billion FY2025 4Q
Full-year earnings forecast
Operating revenue
¥15,060 billion
Operating Expenses
¥13,350 billion
Operating profit
¥1,710 billion
Income before taxes
¥1,500 billion
Net income attributable to the Company
¥980 billion
EBITDA
¥3,430 billion
EPS
¥12.1
Capital expenditures
¥2,430 billion
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Financial business reorganizationScheduled for July 2026
New initiatives
  • Reorganization of the financial business scheduled for July 2026
  • Transition to the “NTT DOCOMO Financial Group” structure
Key KPIsA metric the company considers important as a management benchmark.
  • Consolidated EBITDA¥3,423.3 billion
  • EBITDA margin23.8 %
  • ROIC (excluding the financial business)5.4 %
  • Interest-bearing debt/EBITDA multiple (excluding the financial business)4.2 times
Segment results
  • Integrated ICT Business segment
    Operating revenue¥6,458.1 billion
    Operating profit¥942.1 billion
    EBITDA¥1,743.1 billion
  • Global Solutions Business segment
    Operating revenue¥5,004.6 billion
    Operating profit¥488.2 billion
    EBITDA¥803.7 billion
  • Regional Communications Business segment
    Operating revenue¥3,210.2 billion
    Operating profit¥307.4 billion
    EBITDA¥740.6 billion
  • Other (real estate, energy, etc.)
    Operating revenue¥1,752.6 billion
    Operating profit¥-1.6 billion
    EBITDA¥172.6 billion
Medium-term management plan targets
Target fiscal yearFY2030
EBITDA
¥4 trillion
Value EBITDA
¥2.3 trillion
Connectivity EBITDA
¥1.7 trillion
ROIC (excluding the financial business)
5.5 %
Financial targets
ROIC (excluding the financial business)
FY2025 actual5.4 %
FY2026 forecast5 %
FY2030 target5.5 %
Interest-bearing debt/EBITDA multiple (excluding the financial business)
FY2025 actual4.2 times
FY2030 target3.5 times
Capital expenditures
¥2,326 billion
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredFY2025 (fiscal year ending March 2026), full year
Net Sales¥14,409.1 billion
Operating profit¥1,706.2 billion
Ordinary income¥1,581.9 billion (profit before tax)
Net income¥1,037 billion (net income attributable to the Company)
Results for the three months of the current quarterOperating revenue ¥3,988.1 billion (FY2025 4Q) / Operating profit ¥249.1 billion (FY2025 4Q) / Income before taxes ¥208.2 billion (FY2025 4Q) / Net income attributable to the Company ¥111 billion (FY2025 4Q) / EBITDA ¥766 billion (FY2025 4Q)
Full-year earnings forecastOperating revenue ¥15,060 billion / Operating Expenses ¥13,350 billion / Operating profit ¥1,710 billion / Income before taxes ¥1,500 billion / Net income attributable to the Company ¥980 billion / EBITDA ¥3,430 billion / EPS ¥12.1 / Capital expenditures ¥2,430 billion
Segment resultsSegment Integrated ICT Business segment / Operating revenue ¥6,458.1 billion / Operating profit ¥942.1 billion / EBITDA ¥1,743.1 billion / Year on year against the same period last year Not disclosed, Segment Global Solutions Business segment / Operating revenue ¥5,004.6 billion / Operating profit ¥488.2 billion / EBITDA ¥803.7 billion / Year on year against the same period last year Not disclosed, Segment Regional Communications Business segment / Operating revenue ¥3,210.2 billion / Operating profit ¥307.4 billion / EBITDA ¥740.6 billion / Year on year against the same period last year Not disclosed, Segment Other (real estate, energy, etc.) / Operating revenue ¥1,752.6 billion / Operating profit ¥-1.6 billion / EBITDA ¥172.6 billion / Year on year against the same period last year Not disclosed
Key KPIsIndicator name Consolidated EBITDA / Value ¥3,423.3 billion / Year on year against the same period last year Not disclosed, Indicator name EBITDA margin / Value 23.8 % / Year on year against the same period last year Not disclosed, Indicator name ROIC (excluding the financial business) / Value 5.4 % / Year on year against the same period last year Not disclosed, Indicator name Interest-bearing debt/EBITDA multiple (excluding the financial business) / Value 4.2 times / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookFinancial business reorganization Scheduled for July 2026
Medium-term management plan targetsTarget fiscal year FY2030 / EBITDA ¥4 trillion / Value EBITDA ¥2.3 trillion / Connectivity EBITDA ¥1.7 trillion / ROIC (excluding the financial business) 5.5 %
Financial targetsROIC (excluding the financial business) FY2025 actual 5.4 % / FY2026 forecast 5 % / FY2030 target 5.5 % / Interest-bearing debt/EBITDA multiple (excluding the financial business) FY2025 actual 4.2 times / FY2030 target 3.5 times
Capital expenditures¥2,326 billion
New initiativesReorganization of the financial business scheduled for July 2026, Transition to the “NTT DOCOMO Financial Group” structure
Items this document does not state (16)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The reasons for changes in results are not explained in the body of the materials provided. The medium-term financial targets for FY2026 are based on the financial business reorganization scheduled for July 2026 and the transition to the “NTT DOCOMO Financial Group” structure.

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Supplementary Financial Results Materials for Fiscal 2025 | NTT,Inc. (9432) timely disclosure | Komori