Nippon Telegraph and Telephone Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2013. For the year, on consolidated basis, the company reported operating revenues of JPY 10,700,740 million, operating income of JPY 1,201,968 million, income before income taxes of JPY 1,201,099 million, net income attributable to company of JPY 524,071 or JPY 432.44 per basic share, ROE of 6.5% and ROA of 6.2% compared to operating revenues of JPY 10,507,362 million, operating income of JPY 1,222,966 million, income before income taxes of JPY 1,239,330 million, net income attributable to company of JPY 467,701 or JPY 366.67 per basic share, ROE of 5.9% and ROA of 6.3% a year ago. Net cash provided by operating activities was JPY 2,453,682 million compared to JPY 2,508,299 million a year ago. Payments for property, plant and equipment were JPY 1,538,115 million compared to JPY 1,395,087 million a year ago. Payments for intangibles were JPY 446,588 million compared to JPY 458,176 million a year ago. For the year, on non-consolidated basis, the company reported operating revenues of JPY 432,785 million, operating income of JPY 278,610 million, recurring profit of JPY 274,429 million and net income of JPY 271,527 or JPY 224.05 per basic share compared to operating revenues of JPY 411,352 million, operating income of JPY 257,686 million, recurring profit of JPY 259,316 million, net income of JPY 257,297 or JPY 201.72 per basic share a year ago. Income before income taxes was JPY 269,898 million compared to JPY 259,316 million a year ago. Net cash provided by operating activities was JPY 312,820 million compared to JPY 346,144 million a year ago. Payments for property, plant and equipment were JPY 32,359 million compared to JPY 34,537 million a year ago. For the year ending March 31, 2014, on consolidated basis, the company expects operating revenues of JPY 11,000,000 million, operating income of JPY 1,230,000 million, income before income taxes of JPY 1,280,000 million and net income attributable to company of JPY 585,000 million or JPY 503.22 per share. For the year ending March 31, 2014, on non-consolidated basis, the company expects operating revenues of JPY 433,000 million, operating income of JPY 284,000 million, recurring profit of JPY 280,000 million and net income of JPY 282,000 million or JPY 242.58 per share. The company declared a year-end dividend of JPY 80.00 per share for the year ended March 31, 2013 against JPY 70.00 per share for the same period in the last year. Scheduled date of dividend payments is June 26, 2013 The company provided second quarter and year-end dividends guidance for the fiscal year ending March 31, 2014. The company expects to pay fiscal 2013 second quarter dividend of JPY 80.00 per share and year-end dividend of JPY 80.00 per share against fiscal 2012 second quarter dividend of JPY 80.00 per share and year-end dividend of JPY 80.00 per share. Thus the total dividend would amount to JPY 160.00 per share, unchanged from previous year.

Nippon Telegraph and Telephone Corporation, Board Meeting, May 10, 2013.

Nippon Telegraph and Telephone Corporation (TSE:9432) is looking forward to possible acquisitions, an unidentified representative of Nippon Telegraph and Telephone said during an earnings call.