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OFFON

NIPPON TELEGRAPH AND TELEPHONE CORPORATION

(9432)
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NTT Research and NTT Global Sourcing Unveil New Hybrid Workspace in Sunnyvale

09/17/2021 | 08:07am EDT

NTT Research Inc., a division of NTT officially unveiled its brand new hybrid-remote smart workspace in Sunnyvale, Calif. Named the NTT OneVision Center, it is one of the first office buildings in Silicon Valley built for a post-pandemic vision of the workplace, with collaboration-focused spaces, health monitoring capabilities, and new layouts. The building, currently accessible only to a limited number of employees, is now fully open. This decision was made in accordance with Santa Clara County official standards for reopening businesses across the region in light of ongoing COVID-19 guidelines. NTT Global Sourcing, a wholly owned company within NTT Inc., has diligently worked with local partners to bring the vision for this approximately 35,100 sq. ft. space to life. The building features an open space design with circulation routes as pathways for employees to move and connect easily between shared and individual working spaces. There are multiple casual and collaborative spaces, working pods, and offices for research staff; and the lobby and cafeteria areas will display living walls to help purify the air. The design, created by CBRE Design Hub Spain architects, supports a hybrid-remote working environment where a subset of company individuals can commute to work in a physical space, while others continue to work remotely. The building is on track to become carbon negative with energy returned to the local municipality of Sunnyvale. NTT Research are the landlords with room for up to 10 group companies who will eventually share the space. The company is also in the process of working towards LEED certification. The official ribbon-cutting ceremony will be performed by NTT Research President and CEO, Kazuhiro Gomi, and the Mayor of Sunnyvale, Larry Klein. The Deputy Consul General of Japan in San Francisco, Keiichi Higuchi, and Sunnyvale Chamber of Commerce CEO, Dawn Maher, will also attend. As COVID-19 remains an ongoing concern, there are protocols in place to ensure the health and safety of employees, tenants and visitors accessing the building. This includes a wearable band that monitors and tracks the constant temperature of individuals working or visiting the space, and data is automatically shared with the local healthcare system and all in accordance with HIPAA guidelines. It will notify the wearer by text message if there are any changes in temperature that might indicate the need for a telehealth consultation as a precaution. NTT Research will not gather any data related to the health monitoring of individuals using the space.


© S&P Capital IQ 2021
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Financials
Sales 2022 12 046 B 105 B 105 B
Net income 2022 1 095 B 9 589 M 9 589 M
Net Debt 2022 6 870 B 60 157 M 60 157 M
P/E ratio 2022 10,0x
Yield 2022 3,57%
Capitalization 11 283 B 98 774 M 98 803 M
EV / Sales 2022 1,51x
EV / Sales 2023 1,45x
Nbr of Employees 324 667
Free-Float 58,4%
Chart NIPPON TELEGRAPH AND TELEPHONE CORPORATION
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Nippon Telegraph and Telephone Corporation Technical Analysis Chart | 9432 | JP3735400008 | MarketScreener
Technical analysis trends NIPPON TELEGRAPH AND TELEPHONE CORPORATION
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Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 3 111,00 JPY
Average target price 3 433,89 JPY
Spread / Average Target 10,4%
EPS Revisions
Managers and Directors
Jun Sawada Executive President, CEO & Representative Director
Akira Shimada Chief Financial Officer & Representative Director
Hiromichi Shinohara Chairman
Naoki Shibuya Representative Director & Chief Technology Officer
Katsuhiko Shirai Independent Outside Director
Sector and Competitors