Nippon Telegraph and Telephone

Nippon Telegraph and Telephone Corporation
Native name
日本電信電話株式会社
Nippon Denshin Denwa kabushiki gaisha
Company typePublic
IndustryTelecommunications
PredecessorNippon Telegraph and Telephone Public Corporation
FoundedApril 1, 1985 (1985-04-01)
FounderGovernment of Japan
HeadquartersŌtemachi, Chiyoda, Tokyo, Japan
Key people
Products
RevenueIncrease ¥11.94 trillion (2021)[1]
Increase ¥1.67 trillion (2021)[1]
Increase ¥1.12 trillion (2021)[1]
Total assetsIncrease ¥22.96 trillion (2021)[1]
Total equityDecrease ¥8.20 trillion (2021)[1]
OwnerMinister of Finance (34.25%)[2]
Number of employees
303,350 (2021)[1]
ParentNTT Group
Subsidiaries
Websitegroup.ntt
global.ntt

The Nippon Telegraph and Telephone Corporation[a] (NTT) is a Japanese telecommunications holding company headquartered in Tokyo, Japan. Ranked 55th in Fortune Global 500, NTT is the fourth largest telecommunications company in the world in terms of revenue,[3] as well as the third largest publicly traded company in Japan after Toyota and Sony, as of June 2022.[4] In 2023, the company was ranked 56th in the Forbes Global 2000.[5] NTT was the world's largest company by market capitalization in the late 1980s, and remained among the world's top 10 largest companies by market capitalization until the burst of the Dot-com bubble in the early 2000s.[6]

The company traces its origin to the national telegraph service established in 1868, which came under the purview of the Ministry of Communications in the 1880s. In 1952, the telegraph and telephone services were spun off as the government-owned Nippon Telegraph and Telephone Public Corporation (日本電信電話公社, Nippon Denshin Denwa Kōsha, shortened to Den-Den Kōsha (電電公社)). Under Prime Minister Yasuhiro Nakasone, the company was privatised in 1985 along with the Japanese National Railways and the Japan Tobacco and Salt Public Corporation, adopting the current name.[7] While NTT has been listed on the Tokyo Stock Exchange since 1985, the Japanese government still owns roughly one-third of NTT's shares, regulated by the NTT Law.

The company is incorporated pursuant to the NTT Law (Law Concerning Nippon Telegraph and Telephone Corporation, Etc.[b]).[8] The purpose of the company defined by the law is to own all the shares issued by Nippon Telegraph and Telephone East Corporation (NTT East) and Nippon Telegraph and Telephone West Corporation (NTT West) and to ensure proper and stable provision of telecommunications services all over Japan including remote rural areas by these companies as well as to conduct research relating to the telecommunications technologies that will form the foundation for telecommunications. On 1 July 2019, NTT Corporation launched NTT Ltd., an $11 billion de facto holding company business consisting of 28 brands from across NTT Security, NTT Communications and Dimension Data.[9]

  1. ^ a b c d e f "NTT Group Website". Nippon Telegraph and Telephone Corporation. Retrieved 6 May 2020.
  2. ^ "The Japanese Government Asset System and Current Conditions" (PDF). Ministry of Finance Japan. March 2019. Archived from the original (PDF) on 5 April 2018. Retrieved 27 May 2019.
  3. ^ "Fortune Global 500 – The largest companies in the world by revenue". Retrieved 16 January 2025.
  4. ^ "Largest Japanese companies by market capitalization". Retrieved 3 June 2022.
  5. ^ "The Global 2000 2023". Forbes. Archived from the original on 29 January 2024. Retrieved 7 February 2024.
  6. ^ "NTTが「世界一」の企業に! 投資初心者も株に殺到…歴史的暴落の末路". Retrieved 5 January 2025.
  7. ^ "ダイナミックに変化する現実の経済と社会に触れる". 関西学院大学 (in Japanese). Retrieved 9 May 2025.
  8. ^ "English translation of the "Law Concerning Nippon Telegraph and Telephone Corporation, Etc."" (PDF). Archived from the original (PDF) on 28 February 2004.
  9. ^ Duckett, Chris. "Dimension Data, NTT Communication, and NTT Security bundled into NTT Ltd". ZDNet. Retrieved 10 July 2019.


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