NTT announced its financial results for April to December 2023 on February 8th. Operating revenue was 9,716.9 billion yen (up 144.3 billion yen from the previous year), and operating income was 1,486.2 billion yen (down 34.6 billion yen from the previous year). Sales increased but profits decreased. Operating revenue is at a new high.
Operating revenue in the regional communications segment was 2,306.2 billion yen (down 23.7 billion yen from the previous year). Operating income decreased by 339.6 billion yen (down 47.1 billion yen from the previous year). Sales and profits decreased.
NTT President Akira Shimada said, ”The demand from the coronavirus pandemic has run its course, and optical sales and voice traffic are in a difficult situation. In addition, costs are expected to increase due to factors such as an increase in the cost of removing unnecessary assets in an effort to streamline assets, and disaster recovery costs due to the Noto Peninsula Earthquake”.
President Shimada also stated, ”We are expecting an increase in profits in the fourth quarter through efforts such as streamlining non-core assets.We will steadily implement cost reduction measures and aim to achieve our plan of increasing profits for the year”.
NTT Group aims to realize a distributed data center using IOWN APN.
Connect NTT Group’s major data centers with APN within FY2023. Furthermore, from fiscal 2024, the company plans to expand to regional data centers and build a distributed data center. By taking advantage of the characteristics of APN and linking remote data centers, it becomes possible to use them as if they were one data center.
After the Noto Peninsula Earthquake, in addition to restoring communications, they directly visited approximately 300 locations, including those not designated evacuation centers, and provided mobile phone and sanitary phone services such as Widestar II and Starlink.
In addition to the 171 pre-installed disaster public telephones, we also installed post-installable portable satellites at 23 locations based on requests.
President Shimada said, ”About 97% of the area has been restored.We are prioritizing restoration of mobile services.There are some areas that are inaccessible due to roads, and there are 15 mobile base stations that have not been restored, and 5 for fixed communications. About the same amount as a station remains. The total restoration cost is not yet clear, but based on past disasters such as the 2016 Kumamoto earthquake, we estimate it to be around 10 billion yen.”
NTT Data Group announced its financial results for April to December 2023 on February 7th. Operating revenue was 3,176.2 billion yen (up 770.1 billion yen from the previous year), and operating income was 197.1 billion yen (up 13.6 billion yen from the previous year). Sales and profits increased.
Operating revenue increased significantly to 770.1 billion yen due to the consolidation of NTT Limited, expansion in the Japanese segment of public and social infrastructure, finance, and corporate, as well as in Europe, and the impact of exchange rates. In the Japan segment, we have won large-scale projects in the public and financial sectors, and as a whole we are making good progress against our annual performance forecast.
Orders in North America were negative year-on-year until the second quarter, but turned positive year-on-year due to the acquisition of multiple projects in the third quarter, including a long-term large-scale project worth over 60 billion yen for a U.S. life insurance company.
Vice President Kazuhiko Nakayama commented, ”Although the North American market continues to be affected by factors such as delays in customer decision-making due to uncertainty about the future, we will continue our efforts to achieve our annual performance forecast.”