trending Market Intelligence /marketintelligence/en/news-insights/trending/d2QIQ-7CJKJqOIBaYWFv7g2 content esgSubNav
In This List

NTT Data fiscal Q2 profit falls YOY

Blog

Global M&A By the Numbers: Q3 2021

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Case Study

Honing Sustainable Investing Strategies with Robust Environmental Data


NTT Data fiscal Q2 profit falls YOY

NTT DATA Corp. said its normalized net income for the fiscal second quarter ended Sept. 30 came to ¥11.75 per share, a decrease from ¥11.88 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥16.48 billion, a decrease from ¥16.67 billion in the prior-year period.

The normalized profit margin fell to 3.4% from 4.3% in the year-earlier period.

Total revenue rose 24.0% year over year to ¥480.52 billion from ¥387.43 billion, and total operating expenses climbed 25.4% from the prior-year period to ¥450.62 billion from ¥359.47 billion.

Reported net income declined 27.7% year over year to ¥13.74 billion, or ¥9.80 per share, from ¥19.00 billion, or ¥13.55 per share.

As of Nov. 10, US$1 was equivalent to ¥113.32.