Record Operating Revenue: NTT reported a record high operating revenue of JPY 10,049.7 billion for the third quarter of fiscal year 2024, an increase of JPY 332.9 billion year-over-year (YOY). The revenue growth was driven by anticipated increases in both domestic and global segments, particularly from the Smart Life Business at Docomo, aided by a JPY 125 billion favorable impact from foreign exchange rates.

Decrease in Profitability: Operating profit decreased by JPY 87 billion to JPY 1,399.2 billion, primarily due to declining communication service revenues in mobile and fixed-line segments, coupled with higher marketing expenses aimed at strengthening Docomo's customer base. Net profit also fell by JPY 160.4 billion YOY to JPY 850.7 billion, challenging future profitability targets.

Challenges in Integrated ICT Business Segment: The Integrated ICT business, despite its growth in finance and payment services, faced declines primarily from mobile communication service revenues. The management cautioned that the realization of annual profit plans could be tough due to a highly competitive market environment, leading to adjustments in marketing strategies and potential cost increases.