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.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9432","jir_company_name":"NTT, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-09","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/9432-20261109-01.pdf","jir_short_summary":"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.","jir_summary":"### Transaction Overview\nNTT, 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.\n\n### Financial Impact and Outlook\nThe 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.","jir_financial_highlights":"Number of NEC shares held: 65,118 thousand shares (Holding ratio 4.90%)\nShares to be sold (off-market sale): 32,559 thousand shares (As planned)\nTender offer shares: 32,559 thousand shares (Tendering to NEC's treasury share tender offer)\nTender offer price: 3,462 yen\uff0fshare (Determined)\nSettlement start date: 2027-01-07 (Start date)\nSpecial gain to be recorded in non-consolidated financial statements: approx. 189.0 hundred million yen (Planned to be recorded)","jir_category":"","jir_hashtags":"#NTT,Inc., #TenderOffer, #NECShareSale","jir_key_figures":"Number of NEC shares held: 65,118 thousand shares (holding ratio 4.90%)\nShares to be sold: 32,559 thousand shares\nTender offer price: 3,462 yen\uff0fshare\nSpecial gain to be recorded: approx. 189.0 hundred million yen (non-consolidated)","jir_meta_title":"NTT, Inc. Decides to Sell NEC Shares\uff5cNovember 9","jir_meta_description":"NTT, Inc. will sell all NEC shares it holds via an off-market sale and by tendering to NEC's treasury share tender offer. Each tranche comprises 32,559 thousand shares; the tender offer price is 3,462 yen per share; settlement is scheduled to begin on 2027-01-07. No impact on consolidated results; approx. 189.0 hundred million yen special gain expected in non-consolidated statements.","jir_og_title":"NTT, Inc. Decides to Sell NEC Shares\uff5cNovember 9","jir_og_description":"NTT, Inc. announced the sale of NEC shares via an off-market sale and tender offer participation. Settlement will begin in 2027. A special gain of approx. 189.0 hundred million yen is expected in non-consolidated financials.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6833,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"sales_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-145821","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n