As of October 6, 2021

Company name by the alphabetical order, honorific titles omitted

Company Name
BofA Securities Japan Co., Ltd Yuki Kaneko
Citigroup Global Markets Japan Inc. Mitsunobu Tsuruo
CLSA Securities Japan Co., Ltd. Hideo Noda
Credit Suisse Securities (Japan) Limited Hiroyasu Eguchi
Daiwa Securities Co. Ltd. Makoto Ueno
Goldman Sachs Japan Co., Ltd. Chikai Tanaka
Jefferies (Japan) Limited Hiroko Sato
JPMorgan Securities Japan Co., Ltd. Kaori Chiba
Macquarie Capital Securities (Japan) Limited Hiroshi Yamashina
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Hideaki Tanaka
Mizuho Securities Co., Ltd. Yusuke Hori
Morgan Stanley MUFG Securities Co., Ltd. Hiroto Segawa
Nomura Securities Co., Ltd. Masaya Yamasaki
Okasan Securities Co., Ltd. Keisuke Iwafuchi
SBI SECURITIES Co.,Ltd. Tomoki Tsumura
Makoto Hatada
SMBC Nikko Securities Inc. Satoru Kikuchi
Tokai Tokyo Research Institute Co., Ltd. Takuma Yoshibayashi
UBS Securities Japan Co., Ltd. Jun Tanabe

Please note

The above list is provided only for the purposes of informing investors of the names of analysts and related brokerage firms which provide analyses and forecasts of NTT DATA Corporation's business performance and not intended to induce or recommend the purchase or sale of the Company's shares. It is also not intended for supporting or sponsoring the analysts on the list.

The Company does not endorse or support the opinions, forecasts or recommendations of the analysts listed here.

The list has been prepared on information available to the company as of the date it was published. Consequently, there may be analysts who have not been included in the list and it is possible that not all of the information provided is current and there may be inconsistencies.

Analysts are independent and exercise their own judgment in their analysis of the company's finances, performance results, business activities and technologies, or the business environment and economic trends, and independently forecast the Company's results. Neither the company nor its management is involved in these processes in any way.

When making actual investments, investors are requested to make investment decisions based on their own judgment and responsibility.