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Financial results presentation9432NTT,Inc.Information and Communications, Services and Others

FY2026 Second-Quarter (Interim) Results Supplementary Materials

In the first half of FY2026, operating revenue exceeded the year-earlier period, while operating profit, pretax profit and net income fell below the year-earlier period. The full-year forecast announced in November includes upward revisions from the forecast announced in May for some items, including operating revenue, operating profit, profit and EBITDA.

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Contents of this document

Supplementary materials to the earnings reportSecond quarter (interim period) of the fiscal year ending March 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥7,362.2 billion
Operating profit¥830.1 billion
Ordinary income¥766.4 billion
Net income¥500.2 billion
Results for the three months of the current quarter
Operating revenue
¥3,744.4 billion
Operating profit
¥404.9 billion
Profit before tax for the quarter
¥345 billion
Profit for the quarter attributable to the company
¥225.4 billion
Full-year earnings forecast
Operating revenue
¥15,080 billion
Operating profit
¥1,730 billion
Pretax profit
¥1,520 billion
Net income attributable to the Company
¥994 billion
EBITDA
¥3,450 billion
Capital expenditures
¥2,473 billion
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The materials state that the estimates are based on certain premises and assumptions, but specific figures for foreign exchange rates, raw material prices, volumes and other factors are Not disclosed
Key KPIsA metric the company considers important as a management benchmark.
  • Consolidated EBITDA¥1,655.7 billion
  • EBITDA margin22.5 %
  • ROIC (excluding the financial business)
Segment results
  • Integrated ICT Business segment
    Operating revenue¥3,282.1 billion
    EBITDA¥885.2 billion
    Operating profit¥482.1 billion
  • Global Solutions Business segment
    Operating revenue¥2,616.8 billion
    EBITDA¥303.3 billion
Medium-term management plan targets
EBITDA
¥4 1 trillion
Target fiscal yearFY2030
ROIC (excluding the financial business)
5.5 %
Target fiscal yearFY2030
Interest-bearing debt/EBITDA multiple (excluding the financial business)
3.5 times
Target fiscal yearFY2030
Financial targets
ROIC (excluding the financial business)
FY2025 actual5.4 %
FY2026 full-year forecast5.1 %
FY2030 target5.5 %
Interest-bearing debt/EBITDA multiple (excluding the financial business)
FY2025 actual4.2 times
FY2030 targetApproximately 3.5
Capital expenditures
¥1,059.5 billion first-half FY2026 results
Acquisition of treasury shares
DescriptionStates expenditure for the acquisition of treasury shares
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending March 2026
Net Sales¥7,362.2 billion
Operating profit¥830.1 billion
Ordinary income¥766.4 billion
Net income¥500.2 billion
Results for the three months of the current quarterOperating revenue ¥3,744.4 billion / Operating profit ¥404.9 billion / Profit before tax for the quarter ¥345 billion / Profit for the quarter attributable to the company ¥225.4 billion
Full-year earnings forecastOperating revenue ¥15,080 billion / Operating profit ¥1,730 billion / Pretax profit ¥1,520 billion / Net income attributable to the Company ¥994 billion / EBITDA ¥3,450 billion / Capital expenditures ¥2,473 billion
Segment resultsSegment Integrated ICT Business segment / Operating revenue ¥3,282.1 billion / EBITDA ¥885.2 billion / Operating profit ¥482.1 billion / Year on year against the same period last year Not disclosed, Segment Global Solutions Business segment / Operating revenue ¥2,616.8 billion / EBITDA ¥303.3 billion / Operating profit Not disclosed / Year on year against the same period last year Not disclosed
Key KPIsIndicator Consolidated EBITDA / Value ¥1,655.7 billion / Year on year against the same period last year Not disclosed, Indicator EBITDA margin / Value 22.5 % / Year on year against the same period last year Not disclosed, Indicator ROIC (excluding the financial business) / Value Not disclosed / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookThe materials state that the estimates are based on certain premises and assumptions, but specific figures for foreign exchange rates, raw material prices, volumes and other factors are Not disclosed
Medium-term management plan targetsEBITDA ¥4 1 trillion / ROIC (excluding the financial business) 5.5 % / Interest-bearing debt/EBITDA multiple (excluding the financial business) 3.5 times
Financial targetsROIC (excluding the financial business) FY2025 actual 5.4 % / FY2026 full-year forecast 5.1 % / FY2030 target 5.5 % / Interest-bearing debt/EBITDA multiple (excluding the financial business) FY2025 actual 4.2 times / FY2030 target Approximately 3.5
Acquisition of treasury sharesDescription States expenditure for the acquisition of treasury shares / Buyback limit Not disclosed / Period Not disclosed
Capital expenditures¥1,059.5 billion (first-half FY2026 results)
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 ratioOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives

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 materials provided do not explain the reasons for the increase or decrease in results. They also state that the forward-looking estimates are based on certain premises and assumptions and that actual results may differ from the estimates.

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FY2026 Second-Quarter (Interim) Results Supplementary Materials | NTT,Inc. (9432) timely disclosure | Komori