(Update) NTT to Take Full Control of NTT Data Group
Tokyo, May 8 (Jiji Press)--Nippon Telegraph and Telephone Corp. is poised to take full control of listed subsidiary NTT Data Group Corp., it was learned Thursday.
The major Japanese telecommunications company plans to spend over 2 trillion yen on the move, which is aimed at helping promote overseas expansion of NTT Data Group's information technology services for corporations by speeding up management decisions, sources familiar with the matter said.
(2025/05/08-13:36)
To read a full story, please click here to find out how to subscribe.
BUSINESS
-
05/09 19:02 Panasonic Holdings to Cut 10,000 Jobs Globally -
05/09 17:04 "NTT" to Become Official Corporate Name in July - 05/09 16:16 (Update) Nissan Abandons Plan for EV Battery Plant in Japan
- 05/09 15:40 Nissan Abandons Plan for EV Battery Plant in Japan
- 05/09 10:42 3 Major Japan Shipping Firms Expect Sharp Profit Falls
- 05/08 21:42 (Update 3) NTT to Take Full Control of NTT Data Group
- 05/08 20:31 (Update) Nintendo Expects Higher Revenue, Profits on Switch 2
- 05/08 20:08 JFE to Halt Blast Furnace in Western Japan in FY 2027
- 05/08 19:26 (Update 2) Toyota Forecasts 34.9 Pct Drop in Annual Net Profit
- 05/08 19:06 Marubeni to Join Exxon Mobil's Hydrogen, Ammonia Project
- 05/08 18:33 Nidec Withdraws Takeover Bid for Makino Milling
- 05/08 18:17 NEC, KDDI to Consider Cybersecurity Collaboration
- 05/08 17:47 15 Hotel Operators in Tokyo Warned over Possible Price-Fixing
- 05/08 17:26 Nintendo's Revenue, Profits Fall on Weak Switch Sales
- 05/08 17:24 (Update) Toyota Forecasts 34.9 Pct Drop in Annual Net Profit
- 05/08 16:46 (Update 2) NTT Announces Plan to Fully Own NTT Data Group
- 05/08 15:08 Toyota Forecasts 34.9 Pct Drop in Net Profit
- 05/08 13:36 (Update) NTT to Take Full Control of NTT Data Group
- 05/08 13:07 NTT to Take Full Control of NTT Data Group
- 05/07 21:50 Shionogi to Acquire Torii Pharmaceutical
- 05/07 20:59 Mitsubishi Motors to Get EV Supplies from Foxconn
- 05/07 14:01 Mitsubishi UFJ to Set Up Online Bank in FY 2026
- 05/02 22:51 3 JR Firms Post Sales, Profit Growth
- 05/02 22:10 3 Major Japanese Traders Expect Lower Profits
- 05/02 21:06 Japanese Securities Firms to Compensate for Illegal Trade Damages
