REG - Nippon Telegraph - Subsidiary's Announcement

Nippon Telegraph and TelephoneAnnouncement

06/02/2019 08:05

RNS Number : 2284P
Nippon Telegraph and Telephone Corp
06 February 2019
 


February 6, 2019
 



















Company Name: Nippon Telegraph and Telephone Corporation




















Representative: Jun Sawada, President and Chief Executive Officer




















(Code No.: 9432, First section of Tokyo Stock Exchange)



 
 
NOTICE REGARDING PARTIAL CORRECTION TO "NTT DATA CORPORATION'S COMMENCEMENT OF TENDER OFFER FOR SHARES OF NETYEAR GROUP CORPORATION
AND ENTRY INTO CAPITAL AND BUSINESS ALLIANCE AGREEMENT
BETWEEN NTT DATA CORPORATION AND NETYEAR GROUP CORPORATION"
 
 
NTT DATA CORPORATION ("NTT DATA"), a subsidiary of Nippon Telegraph and Telephone Corporation ("NTT"), has announced February 6, 2019, 'Partial Correction to "Notice Regarding Commencement of Tender Offer for Shares of Netyear Group Corporation and Entry Into Capital and Business Alliance Agreement with the Company." ' For more details, please see the attached press release by NTT DATA.
 
 
 
 





















  


For further inquiries, please contact:








  


Takumi Matsumoto or Takayuki Kimura








  


Investor Relations Office








  


Finance and Accounting Department
Nippon Telegraph and Telephone Corporation








  





Contact us by email:




http://www.ntt.co.jp/ir/form_e/ref_contact.html







 




 
February 6, 2019



















Company Name: NTT DATA CORPORATION




















Representative Director: Yo Honma, President and Chief Executive Officer




















(Code No.: 9613, First section of Tokyo Stock Exchange)




















Contact: Hiroshi Setoguchi, Senior Executive Manager




















Investor Relations Office




















Phone: +81-3-5546-8119



Partial Correction to "Notice Regarding Commencement of Tender Offer for Shares of Netyear Group Corporation and Entry Into Capital and Business Alliance Agreement with the Company"
NTT DATA CORPORATION hereby announces that there was a place to correct in "Notice Regarding Commencement of Tender Offer for Shares of Netyear Group Corporation and Entry Into Capital and Business Alliance Agreement with the Company," announced on February 5, 2019. Corrected parts are underlined and displayed.
Corrected Parts
"4. Other" on page 20.
(2) Other Information Necessary for Investors to Decide whether to Accept the Tender Offer
[Before Correction]
① Revision of Earnings Forecast by the Target
The Target has published a "Notice on Revision of Earnings Forecast" today, as summarized below. The following overview is a partial excerpt of the content published by the Target, and the Offeror is not in a position to independently verify the accuracy and truth thereof, and has not actually performed any such verification. See the content of the Target's announcement for details.
Revision of Consolidated Earnings Forecast Figures for the Fiscal Year Ending March 31, 2019 (from April 1, 2018 to March 31, 2019)







Net Sales


Operating Income


Ordinary Income


Net Income Attributable to Owners of Parent
 


Net Income per Share
 




Previously Announced Forecast (A)


Millions of yen
6,100


Millions of yen
80


Millions of yen
79


Millions of yen
56


Yen
8.00




Revised forecast (B)


5,400


(70)


(71)


(168)


(24.00)




Change (B-A)


(700)


(150)


(150)


(224)


－




Percentage Change (%)


(11.5)


－


－


－


－




(Reference) Previous Fiscal Year Results
(Fiscal year ended March 31, 2018)


Millions of yen
6,189


Millions of yen
(51)


Millions of yen
(53)


Millions of yen
312


Yen
44.71



 
② Announcement of the "Financial Results for the Nine Months Ended December 31, 2018 (Japanese GAAP) (Consolidated)" by the Target
The Target published its financial results today, as summarized below. The following overview is a partial excerpt of the content published by the Target, and the Offeror is not in a position to independently verify the accuracy and truth thereof, and has not actually performed any such verification. See the Target's financial results for details.
(i) Profit and Loss (Consolidated)



Accounting Period


Third Quarter of the Fiscal Year Ending March 31, 2019




Net Sales


3,860 million yen




Cost of Sales


3,401 million yen




Selling, General and Administrative Expenses


634 million yen




Operating Loss


(175) million yen




Non-Operating Income


1 million yen




Non-Operating Expenses


1 million yen




Ordinary Loss


(175) million yen




Net Loss Attributable to Owners of Parent


(188) million yen



 
(ii) Per Share Information (Consolidated)



Accounting Period


Third Quarter of the Fiscal Year ending March 31, 2019




Net Loss per Share


(26.97) yen




Dividends per Share


－ yen




Net Assets per Share


260.31 yen



 
[After Correction]
① Revision of Earnings Forecast by the Target
The Target has published a "Notice on Posting extraordinary loss and Revision of Earnings Forecast" today, as summarized below. The following overview is a partial excerpt of the content published by the Target, and the Offeror is not in a position to independently verify the accuracy and truth thereof, and has not actually performed any such verification. See the content of the Target's announcement for details.
Revision of Consolidated Earnings Forecast Figures for the Fiscal Year Ending March 31, 2019 (from April 1, 2018 to March 31, 2019)







Net Sales


Operating Income


Ordinary Income


Net Income Attributable to Owners of Parent
 


Net Income per Share
 




Previously Announced Forecast (A)


Millions of yen
6,100


Millions of yen
80


Millions of yen
79


Millions of yen
56


Yen
8.00




Revised forecast (B)


5,400


(70)


(71)


(168)


(24.00)




Change (B-A)


(700)


(150)


(150)


(224)


－




Percentage Change (%)


(11.5)


－


－


－


－




(Reference) Previous Fiscal Year Results
(Fiscal year ended March 31, 2018)


Millions of yen
6,189


Millions of yen
(51)


Millions of yen
(53)


Millions of yen
312


Yen
44.71



 
② Announcement of the "Financial Results for the Nine Months Ended December 31, 2018 (Japanese GAAP) (Consolidated)" by the Target
The Target published its financial results today, as summarized below. The following overview is a partial excerpt of the content published by the Target, and the Offeror is not in a position to independently verify the accuracy and truth thereof, and has not actually performed any such verification. See the Target's financial results for details.
(i) Profit and Loss (Consolidated)



Accounting Period


Third Quarter of the Fiscal Year Ending March 31, 2019




Net Sales


3,860 million yen




Cost of Sales


3,401 million yen




Selling, General and Administrative Expenses


634 million yen




Operating Loss


(175) million yen




Non-Operating Income


1 million yen




Non-Operating Expenses


1 million yen




Ordinary Loss


(175) million yen




Net Loss Attributable to Owners of Parent


(262) million yen



 
 
(ii) Per Share Information (Consolidated)



Accounting Period


Third Quarter of the Fiscal Year ending March 31, 2019




Net Loss per Share


(37.53) yen




Dividends per Share


－ yen




Net Assets per Share


249.76 yen



 
End
 
 




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