Added to YB: 2026-09-18
Pitch date: 2026-09-16
9432.T [bullish]
NTT, Inc.
Author Info
JapaneseIPO writes about unknown but growing Japanese small cap stocks. Sign up for the newsletter.
Company Info
NTT, Inc. operates as a telecommunications company in Japan and internationally. The company operates through the Comprehensive ICT Business, Regional Communications Business, Global Solutions Business, and Others segments.
Market Cap
JPY 14.5T
Pitch Price
N/A
Price Target
N/A
Dividend
3.03%
EV/EBITDA
7.93
P/E
13.87
EV/Sales
2.03
Sector
Diversified Telecommunication Services
Category
turnaround
NTT (9432): What Investors Are Getting Wrong About It
9432.T (monitor): NTT’s shift from stagnant connectivity toward a broader ecosystem is underrecognized after the shares remained nearly flat from May 2024 to July 2026 while the Nikkei roughly doubled. Improving Docomo ARPU and NTT Data’s capture of AI/data-center demand drove early reassessment after August results; another quarter of momentum could confirm the inflection, though the ¥4tn EBITDA target was delayed from FY3/28 to FY3/31.
Read full article (3 min)