Message from the CEO

I would like to take this opportunity to thank all of NTT's shareholders for your continued support.

During the 41st fiscal year (from April 1, 2025, to March 31, 2026), under our medium-term management strategy, the NTT Group intensified its focus on growth areas (value-added areas) and driven transformative initiatives to enhance corporate value. Through the conversion of NTT DATA Group as a wholly owned subsidiary and the acquisition of banking functions through NTT DOCOMO making SBI Sumishin Net Bank, Ltd. its consolidated subsidiary, we are actively strengthening our business portfolio and expanding our revenue base. On the other hand, in the mobile business, the competitive environment has become increasingly intense, driven by the need to strengthen measures to maintain and expand the customer base and to respond to continued growth in communication traffic.

In light of these changes in the business environment, we have partially revised our medium-term management strategy. Looking ahead, we aim to further broaden growth areas (value-added areas) by expanding our business from the perspective of value provided to customers – specifically through AI-related businesses in the Domestic Corporate Businesses, the growth of overseas businesses centered on data centers, and the expansion of personal services with a focus on finance offerings. Additionally, within existing areas (connectivity areas), we will promote the transition to AI-native next-generation infrastructure "AIOWN", optimized for GPU, network, and power. Through these initiatives, we aim to achieve EBITDA of 4 trillion yen in FY2030.

Moreover, toward realization of the "AIOWN" concept, we will advance the expansion of the IOWN All-Photonics Network (APN), targeting deployment in prefectural capitals by FY2027 and nationwide expansion by 2030. In parallel, we will enhance collaboration with a wide range of partners to expand the ecosystem of photonic-electronic convergence devices and accelerate the social implementation of IOWN.

I would like to conclude this message by thanking all of our shareholders for their continued understanding and support.

May 2026