March 31, 2021 Approval of FY2021 Business Plan for Nippon Telegraph and Telephone Corporation, Etc.

The Minister for Internal Affairs and Communications has today approved the submitted fiscal 2021 business plans of Nippon Telegraph and Telephone Corporation (headed by President SAWADA Jun, hereafter referred to as “NTT Holdings”), Nippon Telegraph and Telephone East Corporation (headed by President INOUE Fukuzo, hereafter referred to as “NTT East”) and Nippon Telegraph and Telephone West Corporation (headed by President KOBAYASHI Mitsuyoshi, hereafter referred to as “NTT West”).

Under the provisions of Article 12 of the Act on Nippon Telegraph and Telephone Corporation, etc. (Act No. 85, 1984), the Minister for Internal Affairs and Communications has today approved the FY2021 business plans^* submitted by NTT Holdings, NTT East, and NTT West.

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  Reference: Overview of each company’s FY2021 business plan.

  • 1.

    Service plans (expected number of subscribers, number of lines, and number of contracts, etc. at the end of FY2021)

    	NTT East	NTT West
    Subscribed phone (×10,000 subscribers)	Approximately 653	Approximately 652
    INS Net 64 (×1,000 lines)	Approximately 693	Approximately 739
    INS Net 1500 (×1,000 lines)	Approximately 9	Approximately 5
    FLET’S Hikari* (×10,000 contracts)	Approximately 1,309	Approximately 1,007

    • *
      Includes optical collaboration models.
  • 2.

    Capital investment plans (Unit: 100 million yen)

    	NTT East	NTT West	NTT Holdings
    Total capital investment	2,400	2,250	160
    Access network optical investment	Approximately 840	Approximately 700

  • 3.

    Income and expenditure plans (Unit: 100 million yen)

    	NTT East	NTT West	NTT Holdings
    Operating income	15,850	13,410	6,200
    Operating expenses	13,450	12,310	1,660
    Operating income	2,400	1,100	4,540

  • 4.

    Financial plan (Unit: 100 million yen)

    	NTT East	NTT West	NTT Holdings
    Cash revenue	21,050	17,530	19,150
    Cash expenditure	21,050	17,530	19,150