1.Reason for the Revision

NTT's Board of Directors resolved today that NTT may participate in the tender offer to sell 74,599,000 shares (approximately 200 billion yen) of its current holdings of NTT DOCOMO, INC. ('NTT DOCOMO') common stock. Accordingly, NTT announced the following revisions to its non-consolidated financial forecasts for the fiscal year ending March 31, 2018, previously announced on November 10, 2017.
NTT will not revise its consolidated financial forecasts for the fiscal year ending March 31, 2018, because such events will not have a material impact on NTT's consolidated results of operations.

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