NTT DATA Decides on "NTT DATA, Inc." as Name of New Overseas Operating Company

August 25, 2022
NTT DATA Corporation

TOKYO – August 25, 2022NTT DATA, a global digital business and IT services leader, has decided on "NTT DATA, Inc." as the name of its new overseas operating company in alignment with NTT Corporation, following the announcement in May 9, 2022 that NTT DATA and NTT Corporation will combine their IT Services organizations outside Japan*1. This company, which will formally begin operations on October 1, 2022, will handle governance, strategy planning, and implementation of measures for NTT DATA Group's global business. Kazuhiro Nishihata, Senior Executive Vice President at NTT DATA, is expected to be appointed as Representative Director, President and Chief Executive Officer of the new company.

Company Outline(Effective date: October 1, 2022)

1) Name NTT DATA, Inc.
2) Address 3-3, Toyosu 3-chome, Koto-ku, Tokyo
3) Title and Name of Representative Kazuhiro Nishihata, Representative Director, President and Chief Executive Officer(tentative)
Tsunehisa Okuno, Representative Director, Senior Executive Vice President and Chief Operating Officer
The Representative Director, President and Chief Executive Officer will be officially determined at a meeting of the Board of Directors at NTT DATA, Inc. to be held after the effective date of the Overseas Business Split (October 1, 2022). No change in the Representative Director, Senior Executive Vice President and Chief Operating Officer.
4) Business Description NTT DATA group global business governance, strategy formulation, policy promotion, etc.
5) Shareholder NTT DATA Corporation:55%
NTT Corporation:45%
6) Stated Capital Amount Not yet fixed
7) Accounting Period March 31
8) Net Assets Not yet fixed
9) Total Assets Not yet fixed

*Note: The logo of NTT DATA, Inc. is as follows. In addition, we plan release the finalized version of the logo after adjusting the balance and size.

About NTT DATA

NTT DATA – a part of NTT Group – is a trusted global innovator of IT and business services headquartered in Tokyo. We help clients transform through consulting, industry solutions, business process services, IT modernization and managed services. NTT DATA enables clients, as well as society, to move confidently into the digital future. We are committed to our clients' long-term success and combine global reach with local client attention to serve them in over 50 countries. Visit us at nttdata.com.

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