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NTT's Quarterly Revenue Hits a Record ¥3.62tn, but Guidance Points to a Profit Slowdown

NTT's operating revenue climbed 10.9% to a record ¥3.62tn in the quarter through June, but profit grew only about half as fast, and the group's untouched full-year forecast points to operating profit growth slowing to just 0.2% for the year to March 2027.

Aug 6, 20261 min readNTT, Inc.9432
Illustration of a data center server hall with fiber-optic cabling and abstract rising bar shapes, evoking NTT's quarterly telecom and IT earnings.

NTT, Inc. reported consolidated operating revenue of ¥3.62tn for the three months to June 30, 2026, up 10.9% from a year earlier and a quarterly record. Operating profit rose a more modest 4.9% to ¥425.1bn, and profit attributable to NTT climbed 5.8% to ¥274.8bn.

The growth came mainly from two of the group's four reporting segments. External revenue in the Global Solutions business, which covers NTT Data's consulting and IT services work along with data-center operations, rose to roughly ¥1.23tn from ¥1.05tn a year earlier. The Integrated ICT segment, which houses NTT Docomo's mobile, broadband and enterprise services, rose to roughly ¥1.54tn from ¥1.42tn.

NTT left its full-year forecast untouched: revenue of ¥15.06tn (+4.5%), operating profit of ¥1.71tn (+0.2%), net profit of ¥980bn (down 5.5%), and an annual dividend of ¥5.40 a share.

NTT: Quarterly Results vs Full-Year Guidance
Figures for the three months to June 30, 2026, compared with management's unchanged full-year forecast for the year to March 2027.
MetricQ1 (Apr-Jun 2026)Q1 YoY changeFull-year guidance YoY
Operating revenue¥3.62tn+10.9%+4.5%
Operating profit¥425.1bn+4.9%+0.2%
Net profit attributable to NTT¥274.8bn+5.8%-5.5%

The gap between the quarter's pace and the guided full-year rate means the rest of the fiscal year is expected to carry most of the slowdown implied in that forecast.

Comprehensive income, which folds in currency and hedging swings on top of reported profit, rose 12.2% to ¥345.8bn, a reversal from the 12.4% drop booked in the same quarter a year earlier.