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NTT announces share buyback, dividend increase, and autonomous driving venture

November 4, 2025 at 04:51 AM UTCBy FilingReader AI

NTT, Inc. announced a significant share repurchase update, having bought back 325,895,400 common shares for 50,776,141,490 yen from October 1 to October 31, 2025. This forms part of a larger plan to repurchase up to 200 billion yen worth of shares by March 31, 2026, with 82.6 billion yen already repurchased as of October 31, 2025, representing approximately 40% of the target.

In its unaudited financial results for the six months ended September 30, 2025, NTT reported a 2.8% year-on-year increase in operating revenues to 6,772,713 million yen and a 2.7% increase in operating profit to 945,029 million yen. Profit attributable to NTT grew by 7.4% to 595,651 million yen. The company also declared an interim dividend of 2.65 yen per share, projecting a total annual dividend of 5.30 yen per share, marking the 15th consecutive year of expected increases.

Strategic initiatives include establishing NTT Mobility, Inc. in December 2025 to advance autonomous driving through various projects and leveraging insights from Expo 2025 Osaka, Kansai, to expand IOWN APN technology globally. NTT also plans to commercialize optical switches using photonics-electronics convergence devices by 2026 and optical chiplets by 2028.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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