NTT Set to Benefit From Subsidiary's Mobile Rate Increases -- Market Talk
Dow Jones2026/10/07 05:180518 GMT - NTT stands to benefit from its subsidiary's mobile rate increases, Nomura's Daisaku Masuno says in a research report. The increases, announced in September, are slated to be introduced in December and will boost sales by around Y35 billion for fiscal year ending March 2027 and by about Y55 billion for next fiscal year, the analyst estimates. Meanwhile, growth in NTT's overseas data center business will probably act as a catalyst for modest share price growth from here. The brokerage raises the stock's target price to Y197 from Y194 to factor in the planned mobile rate increases, with unchanged buy rating. Shares are 1.1% higher at Y172.0. (ronnie.harui@wsj.com) (END) Dow Jones Newswires October 07, 2026 01:18 ET (05:18 GMT)
0518 GMT - NTT stands to benefit from its subsidiary's mobile rate increases, Nomura's Daisaku Masuno says in a research report. The increases, announced in September, are slated to be introduced in December and will boost sales by around Y35 billion for fiscal year ending March 2027 and by about Y55 billion for next fiscal year, the analyst estimates. Meanwhile, growth in NTT's overseas data center business will probably act as a catalyst for modest share price growth from here. The brokerage raises the stock's target price to Y197 from Y194 to factor in the planned mobile rate increases, with unchanged buy rating. Shares are 1.1% higher at Y172.0. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
October 07, 2026 01:18 ET (05:18 GMT)
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