Nippon Telegraph and Telephone Corp NOTICE THE AMENDMENT OF DIVIDEND FORECAST (5701S)

TIDMNPN

RNS Number : 5701S

Nippon Telegraph and Telephone Corp

08 November 2013

November 8, 2013

 
 
           Company Name: Nippon Telegraph and Telephone Corporation 
Representative: Hiroo Unoura, President and Chief Executive Officer 
            (Code No.: 9432, First section of Tokyo Stock Exchange)

Notice Regarding the Amendment of Dividend Forecast

for the Fiscal Year Ending March 31, 2014

Nippon Telegraph and Telephone Corporation ("NTT") hereby announces that, at a meeting of its board of directors held today, NTT resolved to amend its forecast of dividend per share for the fiscal year ending March 31, 2014, as stated below.

   1.             Reasons for the amendment

NTT has identified the return of profits to shareholders as an important management goal and considers the enhancement of shareholder returns in the medium term to be a key policy. NTT plans to increase its dividend as a result of taking into account a full range of factors, including business performance, financial standing and dividend payout ratio, while also giving consideration to stability and sustainability.

   2.             Details of the amendment 
 
                                        Annual Dividends 
                       --------------  -----------------  ---------- 
                        End of second       Year-end         Total 
                           quarter 
---------------------  --------------  -----------------  ---------- 
 Year Ending                        -           80 (yen)   160 (yen) 
  March 31, 2014 
  (Forecasts when 
  previous annual 
  results were 
  announced) 
---------------------  --------------  -----------------  ---------- 
 Year Ending                        -           90 (yen)   170 (yen) 
  March 31, 2014 
   (Revised Forecast) 
---------------------  --------------  -----------------  ---------- 
 Year Ending                 80 (yen)                  -           - 
  March 31, 2014 
  (Results) 
---------------------  --------------  -----------------  ---------- 
 Year Ended March            80 (yen)           80 (yen)   160 (yen) 
  31 2013 
  (Results) 
---------------------  --------------  -----------------  ---------- 
 
 
 
For further information, please contact: 
Takuro Hanaki 
Investor Relations Office 
Finance and Accounting Department 
 Nippon Telegraph and Telephone Corporation 
TEL: +81-3-5205-5581 
FAX: +81-3-5205-5589

This information is provided by RNS

The company news service from the London Stock Exchange

END

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