NTT, Inc.

9432.T
Telecom Services
2026/01/16 Updated
Market Cap: $82.3B (¥13.0T)
Stock Price: $1.01 (¥160)
Exchange Rate: 1 USD = ¥158.48

Stock Price Chart

2026/01/16 Updated
12.71
PER (Price Earnings Ratio)
vs Industry Avg: +3.2
1.43
PBR (Price to Book Ratio)
vs Industry Avg: +0.1
3.32%
Dividend Yield
vs Industry Avg: +0.37%

Price Trend

2026/01/16 Updated
Short-term
5-Day MA
+0.44%
Near-term
25-Day MA
+1.57%
Mid-term
75-Day MA
+2.44%
Long-term
200-Day MA
+4.41%

Price & Trading Details

2026/01/16 Updated

PRICE

Previous Close ¥159
Open ¥159
High ¥160
Low ¥158
Close ¥160

TRADING

Volume 232,520,900
Average Volume 189,042,620
Turnover ¥371億
Min. Purchase ¥15,950

Analyst Recommendations 14 analysts

Updated 2026/01/11
Strong Buy
2
2
Buy
6
6
Hold
6
6
Sell
0
Strong Sell
0
Target Price (Mean)
¥178
Buy
¥215
High
¥178
Median
¥150
Low
+14% vs Current Price
This information is based on market data from third-party data providers and is for reference only. Investment decisions are your own responsibility.

Shareholder Composition

Updated 2026/01/11
35.2%
Insider Holdings
14.0%
Institutional
50.9%
Public Float
418
Institutional Holders
Insider Holdings 35.2%
Institutional 14.0%
Public Float 50.9%

Top Mutual Funds / ETFs

Updated 2026/01/11

Major Holders

Updated 2026/01/11
Fund Name Ownership Shares Change
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
0.44%
400.7M +0.17%
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
0.28%
255.5M +2.79%
iShares Trust-iShares Core MSCI EAFE ETF
0.22%
199.2M +1.34%
Fidelity Concord Street Trust-Fidelity International Index Fund
0.12%
105.2M -0.16%
iShares, Inc.-iShares MSCI Japan ETF
0.12%
104.2M +0.94%
iShares Trust-iShares MSCI EAFE ETF
0.11%
102.3M 0.00%
Institution Ownership Shares Change
Pacer Advisors, Inc.
<0.01%
428.7K +9.42%
Paradigm Asset Management Company, LLC
<0.01%
70.0K 0.00%

Dividend History 4Years Growth

Updated 2026/01/11
-%
Dividend Yield
¥5
Annual Dividend
+1.0%
YoY Growth
43.9%
Payout Ratio
Year Dividend Change
2025 ¥5 +1.0%
2024 ¥5 +6.1%
2023 ¥5 +2.1%
2022 ¥5 +14.3%
2021 ¥4 -

Financial Performance

2026/01/11 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2022 2023 2024 2025
Income Statement
Revenue ¥12,156,447M ¥13,136,194M ¥13,374,569M ¥13,704,727M
Gross Profit ¥9,590,320M ¥10,367,483M ¥10,439,104M ¥10,606,124M
Operating Income ¥1,806,645M ¥1,844,953M ¥1,937,382M ¥1,669,639M
Pretax Income ¥1,851,775M ¥1,897,103M ¥2,110,942M ¥1,734,210M
Net Income ¥1,181,083M ¥1,213,116M ¥1,279,521M ¥1,000,016M
EPS ¥13.17 ¥13.92 ¥15.09 ¥11.96
Operating Margin 14.86% 14.04% 14.49% 12.18%
Balance Sheet
Total Assets ¥23,862,241M ¥25,308,851M ¥29,604,223M ¥30,062,483M
Total Equity ¥8,282,456M ¥8,561,353M ¥9,844,160M ¥10,221,587M
Total Liabilities ¥15,579,785M ¥16,747,498M ¥19,760,063M ¥19,840,896M
Cash ¥834,564M ¥793,920M ¥982,874M ¥1,000,994M
Interest-bearing Debt ¥8,209,495M ¥9,150,533M ¥10,714,011M ¥11,171,213M
Equity Ratio 34.71% 33.83% 33.25% 34.00%
D/E Ratio 0.99 1.07 1.09 1.09
Cash Flow
Operating CF ¥3,010,257M ¥2,261,013M ¥2,374,159M ¥2,364,031M
Investing CF -¥1,699,152M -¥1,736,912M -¥1,989,235M -¥1,999,644M
Financing CF -¥1,438,130M -¥590,197M -¥234,454M -¥343,027M
Free CF ¥1,252,212M ¥409,134M ¥290,155M ¥231,739M
Efficiency
ROE 14.26% 14.17% 13.00% 9.78%
ROA 4.95% 4.79% 4.32% 3.33%

Company Information

English Name NTT, Inc.
Japanese Name NTT(株)
Stock Code 9432.T (JPX)
Sector / Industry Communication Services / Telecom Services
Employees 341,321

About

NTT, Inc. operates as a telecommunications company in Japan and internationally. It operates through Integrated ICT Business, Regional Communications Business, Global Solutions Business, and Others segments. The Integrated ICT Business segment offers mobile phone, domestic inter-prefectural communications, international communications, solutions, and system development and related services. Its Regional Communications Business segment provides intra-prefectural communications and related ancillary services. The Global Solutions Business segment offers system integration, network system, cloud, global center, and related services, as well as consulting, managed, and system and software development services. Its Others segment engages in the real estate and construction, energy, and other businesses. The company was formerly known as Nippon Telegraph and Telephone Corporation and changed its name to NTT, Inc. in July 2025. NTT, Inc. was founded in 1952 and is headquartered in Tokyo, Japan.

Data provided by Yahoo Finance