NTT, Inc.
Notice Regarding Sale of Marketable Securities
NTT, Inc. will sell all 65,118 thousand shares (4.90%) of NEC held by the company through an off-market sale and by tendering shares to NEC's treasury share tender offer. The shares to be sold are 32,559 thousand shares in each tranche; the tender offer price is 3,462 yen per share; settlement is scheduled to begin in January 2027. Under IFRS, there is no impact on consolidated profit; on a non-consolidated basis, a special gain of approximately 189.0 billion yen is expected to be recorded.
Key Figures
- Number of NEC shares held: 65,118 thousand shares (holding ratio 4.90%)
- Shares to be sold: 32,559 thousand shares
- Tender offer price: 3,462 yen／share
- Special gain to be recorded: approx. 189.0 hundred million yen (non-consolidated)
AI要約
Transaction Overview
NTT, Inc. has long held shares of NEC and, while maintaining a strategic partnership without capital ties, has decided to sell all 65,118 thousand shares (4.90%). The sale will be executed in two steps: an off-market sale to institutional investors and tendering shares to NEC's treasury share tender offer. The price for the off-market sale is undecided; the tender offer price is 3,462 yen per share. The period runs from November 13, 2026 to December 14, 2026, and settlement is scheduled to begin on January 7, 2027.
Financial Impact and Outlook
The NTT Group applies IFRS, and the NEC shares are treated as financial assets measured at fair value; therefore, no gain on sale of marketable securities will arise in consolidated financial statements and there is no impact on current period profit. Conversely, on a non-consolidated basis, a gain on sale of marketable securities of approximately 189.0 hundred million yen is expected to be recorded as a special gain. The amount may vary depending on actual sale prices and other conditions.
NTT, Inc.
Company overview · Stock price · Financial data · All IR
