StocksMedium•9 November 2026•
1 min read
NTT to Divest 4.9% Stake in NEC Corporation for 250 Billion Yen
Key Facts
1NTT plans to sell its entire 4.9% stake in NEC Corporation, valued at up to 250 billion yen.
NTT plans to sell its entire 4.9% stake in NEC Corporation, a transaction valued at approximately 250 billion yen. Investing.com reported that the divestment is part of the Japanese telecom giant's strategy to improve capital efficiency and optimize its balance sheet.
The move follows NTT's recent earnings report, which highlighted declining net profits despite achieving record revenues. Regarding market performance, NTTYY closed at $25.39 on November 6, 2026, while NIPNF closed at $29.5 on the same date.