Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Nippon Telegraph And Telephone Corp    9432   JP3735400008

NIPPON TELEGRAPH AND TELEPHONE CORP (9432)
Mes dernières consult.
Most popular
  Report  
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

NTT : DATA to establish a subsidiary in Myanmar - Seeking to expand offshore development sites and launch local operations -(NTT DATA)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/20/2012 | 06:52am EDT

NTT DATA Corporation has decided to establish a subsidiary in Myanmar, a country with a large potential for economic development. NTT DATA and its subsidiary NTT DATA Asia Pacific Pte. Ltd. (President and CEO: Ryoji Fukaya; Head office: Singapore) will jointly own the new company. With preparations for application for incorporation already underway, we plan to submit an application in mid-May and establish the company in September. The new subsidiary is expected to start operations by the end of this fiscal year.

NTT DATA is expanding offshore development sites for Japan in China, India, and Vietnam. Recognizing the large IT-related potential of Myanmar, which has made significant progress in democratization recently, we have decided to establish a business base in Myanmar. We believe that the country has many advantages as an offshore development center for Japan, such as being more cost competitive than China and India, the availability of ample human resources of high quality, and linguistic similarity between Burmese and Japanese.

Upon establishment of an offshore development site in Myanmar, we will create jobs by employing local people, contribute to the development of IT professionals in collaboration with a local computer college, and help Myanmar modernize and expand its economy.

The new subsidiary will be our offshore development center that mainly carries out software development projects outsourced from Japan. Beyond that, the company looks to provide support for Japanese companies operating in Myanmar and launch business directed at local financial institutions and government and public agencies, based on NTT DATA's track record in Japan.

News Releases.

The services, prices of products and services, specifications, telephone numbers, etc. for inquiries and other information included in news releases are the data available on the day of the release. This information may be changed at any time without notice. In certain circumstances, due to various risks or unexpected occurrences, actual results may also be different from the plans or projections in news releases.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NIPPON TELEGRAPH AND TELEP
11:53aNIPPON TELEGRAPH AND TELEPHONE : Sophisticated hi-tech puts poachers on spot
AQ
05/26NIPPON TELEGRAPH AND TELEPHONE : Supply chain new weak link in business security..
AQ
05/25NTT DATA : MapmyIndia to develop 3D map datasets for India
AQ
05/24NIPPON TELEGRAPH AND TELEPHONE : Notice regarding the status and conclusion of s..
PU
05/23NIPPON TELEGRAPH AND TELEPHONE : Supply chain the new weak link in business secu..
AQ
05/23SUPPLY CHAIN THE NEW WEAK LINK IN BU : study
AQ
05/23GLOBAL CLOUD MIGRATION SERVICES MARK : This Research Provides an in-depth analys..
AQ
05/23NTT DATA : Japan's NTT Data partners with Indian firm to tap 3D mapping market
AQ
05/22Global Wireless Security in LTE Networks Market Report, Trends, Size, Share, ..
AQ
05/22NIPPON TELEGRAPH AND TELEPHONE : Supply Chain the New Weak Link in Business Secu..
AQ
More news
News from SeekingAlpha
05/14Nippon Telegraph & Telephone Corp. 2017 Q4 - Results - Earnings Call Slides 
02/28Only One Sector Has Experienced A True Earnings Recovery 
01/24BLCN ETF : The Deep Dive 
01/04Oppenheimer International Growth Fund Inst (OIGYX) December Summary 
2017Oppenheimer International Growth Fund Inst (OIGYX) November Summary 
Financials ( JPY)
Sales 2019 11 924 B
EBIT 2019 -
Net income 2019 898 B
Debt 2019 2 643 B
Yield 2019 3,22%
P/E ratio 2019 11,15
P/E ratio 2020 10,63
EV / Sales 2019 1,13x
EV / Sales 2020 1,08x
Capitalization 10 771 B
Chart NIPPON TELEGRAPH AND TELEP
Duration : Period :
Nippon Telegraph And Telep Technical Analysis Chart | 9432 | JP3735400008 | 4-Traders
Technical analysis trends NIPPON TELEGRAPH AND TELEP
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 6 285  JPY
Spread / Average Target 22%
EPS Revisions
Managers
NameTitle
Hiroo Unoura President & Representative Director
Satoshi Miura Chairman
Hiromichi Shinohara Representative Director & Chief Technology Officer
Tsunehisa Okuno Director & Manager-Global Business Promotions
Mitsuyoshi Kobayashi Managing Director & Manager-Technology Planning
Sector and Competitors
1st jan.Capitalization (M$)
NIPPON TELEGRAPH AND TELEPHONE CORP-4.71%98 439
VERIZON COMMUNICATIONS-8.11%200 480
DEUTSCHE TELEKOM-9.63%74 165
TELEFONICA-4.28%47 042
ORANGE3.18%46 283
SAUDI TELECOM COMPANY SJSC--.--%46 133