
Approval of Resolution on Surplus Appropriation (Interim Dividend) of Nippon Telegraph and Telephone Corporation
On December 7, 2012, the Minister for Internal Affairs and Communications (MIC) approved the resolution on surplus appropriation (interim dividend) as applied for approval by Nippon Telegraph and Telephone Corporation based on the provision of Article 11, Paragraph 1 of the Act on Nippon Telegraph and Telephone Corporation, etc. (Act No.85 of 1984).
1. Target carrier
Nippon Telegraph and Telephone Corporation (CEO: Hiroo Unoura)
2. Total amount of surplus appropriation
Approx. 97.7 billion yen
(Reference)
Act on Nippon Telegraph and Telephone Corporation, etc. (Act No.85 of 1984)
(Excerpt)
(Change in Articles of Incorporation, etc.)
Article 11: Any resolution for change in the articles of incorporation, or for merger, partition or dissolution of the Company and the Regional Companies or for disposal of profits of the Company shall not take effect unless authorized by the Minister.
2. (Omitted)