Nippon Telegraph and Telephone Corporation ADR (NTTYY)
NTT: Bullish On Capital Return Improvement And Potential REIT Listing
I rate NTT Corporation stock as a Buy due to the company's improved shareholder returns and its potential REIT listing. NTT Corporation's shareholder yield is at the mid-single digit percentage level, driven by a higher dividend payout ratio and a new share repurchase program. The potential data center REIT listing in Singapore could help to re-rate NTT Corporation's valuations by having a market valuation for the company's data center assets.
Nippon Telegraph and Telephone Corporation (NTTYY) Q1 2025 Earnings Call Transcript
Nippon Telegraph and Telephone Corporation (OTCPK:NTTYY) Q1 2025 Earnings Conference Call August 7, 2024 3:00 AM ET Company Participants Takuro Hanaki - Head of IR Takashi Hiroi - Representative Member of the Board and Senior Executive Vice President Toshihiko Nakamura - Executive Officer, Head of Finance and Accounting Conference Call Participants Daisaku Masuno - Nomura Securities Satoru Kikuchi - SMBC Nikko Securities Kazuki Tokunaga - Daiwa Securities Mitsunobu Tsuruo - Citi Securities Yusuke Okumura - Okasan Securities Takuro Hanaki Thank you very much for attending today despite your busy schedules. We would like to start the briefing session on NTT's fiscal year 2024 first quarter financial results.
NTT: Focus On Long-Term Driver And Short-Term Catalyst
NTT DATA Group Corporation is rated as Buy with a potential short-term catalyst and a key long-term growth engine. The company's international expansion efforts for the long run are strengthened by the creation of a new entity and positive regulatory changes. In the near term, a new share repurchase program announcement in August could possibly be a potential re-rating catalyst.
