【Dividend increase】telecommunications giant/『NIPPON TELEGRAPH AND TELEPHONE CORPORATION(9432)』
There was news that Buffett will buy Japanese stocks.
Attention to Japanese stocks is increasing, and they are worth considering as new investment destinations.
The Japanese stocks featured on this page are telecommunications giants like Verizon.
Business content
NIPPON TELEGRAPH AND TELEPHONE CORPORATION(NTT) is Japan’s largest telecommunications company.
- Comprehensive ICT business
- Regional communication business
- Global Solution Business (Overseas Business)
- real estate. Energy business
Overseas earnings are also growing, and about 20% of sales are earned overseas.
Business condition
Revenue analysis
Net sales and operating income are increasing moderately.
Operating income has improved significantly recently.
finance condition
The capital adequacy ratio is as follows.
It is less than 40%, but it seems that there is no problem in general.
A comparison of major telecommunications companies is as follows.
NTT(First place)：33.8%
KDDI(2nd place)：43.0%
SoftBank(3nd place)：15.2%
※NIPPON TELEGRAPH AND TELEPHONE CORPORATION(NTT)
You can see that it is not a bad level compared to the same industry.
Changes in the number of employees
The number of employees is steadily increasing.
As the business expands, the number of personnel increases.
Dividend
Both EPS and dividends increased.
Dividend payout ratio is 40% or less.
12 years of consecutive dividend increases
There is still room for dividend increases.
Indication of purchase
The transition of PER is as follows.
PER is hovering between 10 and 12 times.
The change in dividend yield is as follows.
Based on the above data, the purchase guideline is…
The specific stock price is around 140 yen
Sudamaru owns 2,500 shares at ¥131 yen.
※yield 3.8%
Important point
Earnings outside Japan will be important in the future.
The current pillar of overseas revenue is data centers.
Another major shareholder, the government, is considering selling shares.
Government considers selling NTT shares to secure defense budget
summary
Management is stable, and it will be a popular stock for Japanese people.
It will be a stock whose stock price does not fall significantly.
How about buying it for dividend purposes?
