NTT shares extended their decline in the afternoon session, falling to ¥164.80. On the afternoon of 4 April, the company announced consolidated net profit of ¥994 billion for the fiscal year ending March 2027 and raised its previous forecast, but the figure fell short of market expectations.
NTT shares extended their decline in the afternoon session, falling ¥9.70 from the previous day to ¥164.80. The company announced that consolidated net profit for the fiscal year ending March 2027 is expected to be ¥994 billion, representing a 4% decline from the previous year.
The outlook announced the same day was revised upward from the previous forecast of ¥980 billion, but was reportedly below the market consensus. Although NTT cited factors supporting improvement in its mobile business, many observers viewed the outlook as falling short of expectations.
Following the announcement, the stock traded temporarily lower. Investors are reportedly focused on future earnings trends and the sustainability of the mobile business's earnings improvement.