Nippon Telegraph and Telephone : NTT DATA Consolidated Financial Results 11pages

Note; This document is in English translation of "Kessan Tanshin" for the Second Quarter of the Fiscal Year Ending March 31, 2022 and is provided solely for reference purposes. In the event of any inconsistency between the Japanese version and any English translation of it, the Japanese version will govern.

Consolidated Financial Results for the Second Quarter of

the Fiscal Year Ending March 31, 2022 [IFRS]

Company name

Stock exchange that lists the Company's shares Code number

URL Representative Contact

Scheduled date of filing of Quarterly Business Report Scheduled date of dividend payment Supplemental material on quarterly results Presentation on quarterly results

November 9, 2021

• NTT DATA CORPORATION ("NTT DATA")
• Tokyo Stock Exchange 1st Section
• 9613
• https://www.nttdata.com/global/en/
• Yo Honma, President and Chief Executive Officer
• Sota Endo, Senior Executive Manager, Investor Relations Office Tel.:[phone]
• November 12, 2021
• December 1, 2021
• Yes
• Yes (for institutional investors and financial analysts) (Amounts are rounded to the nearest 1 million yen)

1. Consolidated Financial Results in Q2 of FY2021 (From April 1, 2021, to September 30, 2021)

(1) Consolidated Results of Operations (accumulated total)

(% represents changes from the corresponding quarterly period of the previous fiscal year)

												Net income	Comprehensive
		Net sales		Operating	Income before	attributable to	income attributable
			income		income taxes	shareholders of	to shareholders of
												NTT DATA	NTT DATA
		¥ million	％		¥ million		％	¥ million		％	¥ million	％	¥ million		％
FY2021 Q2	1,212,079	12.2		109,138		71.0	111,047	76.9	71,869	74.4	110,857		77.0
FY2020 Q2	1,080,117	0.2		63,821		0.1	62,781	(0.3)	41,206	2.6	62,631		265.0
		Net income per share	Net income per share
				(diluted)
					¥				¥
FY2021 Q2					51.24				-
FY2020 Q2					29.38				-
(2) Consolidated Financial Position
											Equity attributable to		Equity ratio
		Total assets				Total equity		shareholders of NTT		attributable to
							DATA			shareholders of NTT
															DATA
FY2021 Q2					¥ million				¥ million				¥ million				％
		2,884,215				1,222,474			1,167,584				40.5
FY2020			2,897,015				1,126,548			1,072,899				37.0

2. Dividends

		Cash dividends per share
	End of the	End of the	End of the	Year-end	Total
	first quarter	second quarter	third quarter
	¥	¥	¥	¥	¥
FY2020	-	9.00	-	9.00	18.00
FY2021	-	9.50
FY2021			-	9.50	19.00
(Forecast)
Notes: Revisions to the forecasts of dividends announced most recently: No

3. Forecasts of Consolidated Results for FY2021 (From April 1, 2021, to March 31, 2022)

					(%	of change from the	previous fiscal year)
			Operating	Income before	Net income		Net income per
	Net sales		attributable to
		income		income taxes	shareholders of NTT	share
							DATA
	¥ million	％	¥ million	％	¥ million	％	¥ million	％	¥
Full year	2,360,000	1.8	180,000	29.3	175,000	34.1	106,000	37.9	75.58

Notes: Revisions to the forecasts of consolidated results announced most recently: No

* Notes:

1. Changes in significant subsidiaries in Q2 of FY2021 (From April 1, 2021, to September 30, 2021): No
   (Changes in specified subsidiaries resulting in the change in consolidation scope)
2. Changes in accounting policies, changes in accounting estimates

1)	Changes in accounting policies required by IFRS:	No
2)	Changes in accounting policies other than 1):	No
3)	Changes in accounting estimates:	No

1. Number of shares outstanding (common stock)
2. 1. Number of shares outstanding (inclusive of treasury stock)

FY2021 Q2 (September 30, 2021)	1,402,500,000 shares
FY2020	(March 31, 2021)	1,402,500,000 shares
2) Number of treasury stock
FY2021 Q2 (September 30, 2021)	116,265 shares
FY2020	(March 31, 2021)	1,065 shares
3) Average number of shares over the period (consolidated total for the quarter)
FY2021 Q2	(From April 1, 2021, to September 30, 2021)	1,402,471,237 shares
FY2020 Q2	(From April 1, 2020, to September 30, 2020)	1,402,499,031 shares

Note:

NTT DATA introduced performance-based stock compensation in the second quarter of the fiscal year 2021.

The number of treasury stock at the end of the period and the number of treasury stock deducted when calculating average number of shares over the period include 115,200 treasury shares held by the stock delivery trust under the system.

• "Kessan Tanshin" is an unaudited financial report.
• Explanations relating to the appropriate use of results forecasts, and other noteworthy items
• 1. The results forecasts contained in this document are based on certain premises derived from information available to the NTT DATA Group at this time. As a result of various factors that may arise in the future, actual results may differ from the Group's forecasts.
  2. Supplemental material on quarterly results will be uploaded on TDnet today and uploaded on our homepage. A presentation on quarterly results will be held today. This report will be uploaded on our homepage soon.
  3. Products and services referred to in this report (including the attachment) are trademarks or registered trademarks of NTT DATA or other companies.

Contents of Attachment

1．Condensed Quarterly Consolidated Financial Statements and Major Notes ········································ 2

1. Condensed Quarterly Consolidated Statement of Financial Position············································· 2
2. Condensed Quarterly Consolidated Statement of Income and
   Condensed Quarterly Consolidated Statement of Comprehensive Income······································ 4
3. Condensed Quarterly Consolidated Statement of Changes in Equity ············································ 6
4. Notes to Condensed Quarterly Consolidated Financial Statements ·············································· 7
5. Notes to Going Concern Assumptions ··············································································· 9

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1. Condensed Quarterly Consolidated Financial Statements and Major Notes

1. Condensed Quarterly Consolidated Statement of Financial Position

			(Unit: ¥ million)
		As of March 31, 2021	As of September 30, 2021
Assets
Current assets
Cash and cash equivalents	287,058	237,643
Trade and other receivables	601,883	515,836
Contract asset	101,496	108,183
Inventories	14,476	22,362
Other financial assets	16,522	26,664
Other current assets	88,621	125,640
Total current assets
1,110,056	1,036,327
Non-current assets
Property, plant and equipment	339,158	335,856
Right-of-use assets	153,357	148,067
Goodwill	415,272	455,271
Intangible assets	477,495	479,504
Investment property	26,825	26,752
Investments accounted for using	5,756	5,697
the equity method
Other financial assets	216,942	262,220
Deferred tax assets	86,182	70,988
Other non-current assets	65,973	63,532
Total non-current assets	1,786,959	1,847,888
Total assets	2,897,015	2,884,215

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			(Unit: ¥ million)
		As of March 31, 2021	As of September 30, 2021
Liabilities
Current liabilities
Trade and other payables	419,012	359,704
Contract liabilities	270,224	271,703
Bonds and borrowings	105,748	113,287
Lease liabilities	41,439	39,463
Other financial liabilities	4,075	5,180
Income taxes payable	39,602	30,634
Provisions	4,224	5,202
Other current liabilities	40,064	28,200
Total current liabilities	924,387	853,373
Non-current liabilities
Bonds and borrowings	473,154	428,135
Lease liabilities	117,866	117,516
Other financial liabilities	13,631	13,859
Retirement benefit liability	202,323	208,158
Provisions	4,268	4,074
Deferred tax liabilities	16,366	17,453
Other non-current liabilities	18,472	19,174
Total non-current liabilities	846,080	808,368
Total liabilities	1,770,468	1,661,741
Equity
Equity attributable to shareholders
of NTT DATA
Capital stock	142,520	142,520
Capital surplus	105,988	102,641
Retained earnings	721,565	780,803
Treasury shares	(1)	(205)
Other components of equity	102,827	141,824
Total equity attributable to
1,072,899	1,167,584
shareholders of NTT DATA
Non-controlling interests	53,648	54,890
Total equity	1,126,548	1,222,474
Total liabilities and equity	2,897,015	2,884,215

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