Nippon Telegraph and Telephone

Nippon Telegraph and Telephone Corporation
Native name
日本電信電話株式会
Nippon Denshin Denwa kabushiki gaisha
Company typePublic
IndustryTelecommunications
PredecessorNippon Telegraph and Telephone Public Corporation
FoundedApril 1, 1985 (1985-04-01)
FounderGovernment of Japan
HeadquartersŌtemachi, Chiyoda, Tokyo, Japan
Key people
Products
RevenueIncrease ¥11.94 trillion (2021)[1]
Increase ¥1.67 trillion (2021)[1]
Increase ¥1.12 trillion (2021)[1]
Total assetsIncrease ¥22.96 trillion (2021)[1]
Total equityDecrease ¥8.20 trillion (2021)[1]
OwnerMinister of Finance (34.25%)[2]
Number of employees
303,350 (2021)[1]
Subsidiaries
Websitegroup.ntt
global.ntt

The Nippon Telegraph and Telephone Corporation[a] (NTT) (Corporate Number: 7010001065142)[3] is a Japanese telecommunications holding company headquartered in Tokyo, Japan. Ranked 55th in Fortune Global 500, NTT is the fourth largest telecommunications company in the world in terms of revenue,[4] as well as the third largest publicly traded company in Japan after Toyota and Sony, as of June 2022.[5] In 2023, the company was ranked 56th in the Forbes Global 2000.[6]

The company is incorporated pursuant to the NTT Law (Law Concerning Nippon Telegraph and Telephone Corporation, Etc.[b]).[7] The purpose of the company defined by the law is to own all the shares issued by Nippon Telegraph and Telephone East Corporation (NTT East) and Nippon Telegraph and Telephone West Corporation (NTT West) and to ensure proper and stable provision of telecommunications services all over Japan including remote rural areas by these companies as well as to conduct research relating to the telecommunications technologies that will form the foundation for telecommunications.

On 1 July 2019, NTT Corporation launched NTT Ltd., an $11 billion de facto holding company business consisting of 28 brands from across NTT Security, NTT Communications and Dimension Data.[8]

While NTT is listed on the Tokyo Stock Exchange and the OTC Markets Group's Pink (and formerly in the New York Stock Exchange under the ticker code "NTT" and in the London Stock Exchange under the ticker code "NPN"), the Japanese government still owns roughly one-third of NTT's shares, regulated by the NTT Law.

  1. ^ a b c d e f "NTT Group Website". Nippon Telegraph and Telephone Corporation. Retrieved May 6, 2020.
  2. ^ "The Japanese Government Asset System and Current Conditions" (PDF). Ministry of Finance Japan. March 2019. Retrieved May 27, 2019.
  3. ^ "日本電信電話株式会社の情報". National Tax Agency Corporate Number Publication Site. Retrieved 2023-12-09.
  4. ^ "The World's Largest Public Companies". Forbes. Archived from the original on April 23, 2011. Retrieved 2018-09-26.
  5. ^ "Largest Japanese companies by market capitalization". Retrieved 2022-06-03.
  6. ^ "The Global 2000 2023". Forbes. Archived from the original on 2024-01-29. Retrieved 2024-02-07.
  7. ^ "English translation of the "Law Concerning Nippon Telegraph and Telephone Corporation, Etc."" (PDF).
  8. ^ Duckett, Chris. "Dimension Data, NTT Communication, and NTT Security bundled into NTT Ltd". ZDNet. Retrieved 2019-07-10.


Cite error: There are <ref group=lower-alpha> tags or {{efn}} templates on this page, but the references will not show without a {{reflist|group=lower-alpha}} template or {{notelist}} template (see the help page).


© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search