NTT Research and NTT Global Sourcing Unveil New Hybrid Workspace in Sunnyvale (2024)

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11:30:00 07/06/2024 am IST
5-day change 1st Jan Change
150 JPY -0.86% NTT Research and NTT Global Sourcing Unveil New Hybrid Workspace in Sunnyvale (1) -2.79% -12.94%
10/05 Transcript : Nippon Telegraph and Telephone Corporation, 2024 Earnings Call, May 10, 2024
10/05 Nippon Telegraph and Telephone Corporation Declares Dividend for the Full Year Ending March 31, 2024, Payable on June 21, 2024; Provides Second Quarter Dividend Guidance for the Fiscal Year of 2025 CI

NTT Research Inc., a division of NTT officially unveiled its brand new hybrid-remote smart workspace in Sunnyvale, Calif. Named the NTT OneVision Center, it is one of the first office buildings in Silicon Valley built for a post-pandemic vision of the workplace, with collaboration-focused spaces, health monitoring capabilities, and new layouts. The building, currently accessible only to a limited number of employees, is now fully open. This decision was made in accordance with Santa Clara County official standards for reopening businesses across the region in light of ongoing COVID-19 guidelines.NTT Global Sourcing, a wholly owned company within NTT Inc., has diligently worked with local partners to bring the vision for this approximately 35,100 sq. ft. space to life. The building features an open space design with circulation routes as pathways for employees to move and connect easily between shared and individual working spaces. There are multiple casual and collaborative spaces, working pods, and offices for research staff; and the lobby and cafeteria areas will display living walls to help purify the air. The design, created by CBRE Design Hub Spain architects, supports a hybrid-remote working environment where a subset of company individuals can commute to work in a physical space, while others continue to work remotely. The building is on track to become carbon negative with energy returned to the local municipality of Sunnyvale. NTT Research are the landlords with room for up to 10 group companies who will eventually share the space. The company is also in the process of working towards LEED certification. The official ribbon-cutting ceremony will be performed by NTT Research President and CEO, Kazuhiro Gomi, and the Mayor of Sunnyvale, Larry Klein. The Deputy Consul General of Japan in San Francisco, Keiichi Higuchi, and Sunnyvale Chamber of Commerce CEO, Dawn Maher, will also attend. As COVID-19 remains an ongoing concern, there are protocols in place to ensure the health and safety of employees, tenants and visitors accessing the building. This includes a wearable band that monitors and tracks the constant temperature of individuals working or visiting the space, and data is automatically shared with the local healthcare system and all in accordance with HIPAA guidelines. It will notify the wearer by text message if there are any changes in temperature that might indicate the need for a telehealth consultation as a precaution. NTT Research will not gather any data related to the health monitoring of individuals using the space.

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Latest news about Nippon Telegraph and Telephone Corporation

Transcript : Nippon Telegraph and Telephone Corporation, 2024 Earnings Call, May 10, 2024
Nippon Telegraph and Telephone Corporation Declares Dividend for the Full Year Ending March 31, 2024, Payable on June 21, 2024; Provides Second Quarter Dividend Guidance for the Fiscal Year of 2025 CI
Nippon Telegraph and Telephone Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2025 CI
Nippon Telegraph and Telephone Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2025 CI
Nippon Telegraph and Telephone Corporation Revises Dividend Guidance for the Full Year Ending March 31, 2024 CI
PLDT in Talks to Sell Up to 49% of Data Centre Business to NTT CI
Philippines' PLDT in talks to sell up to 49% stake in data center business to Japan's NTT, chairman says RE
OpenAI bids for Japan business as it opens Tokyo office RE
NTT Data Japan Launches Tender Offer on Jastec Shares MT
EMEA Morning Briefing : Doubts Creep in Over Fed Rate Cuts DJ
Nippon Telegraph and Telephone Completes 200 Billion Yen Buyback Program MT
Tranche Update on Nippon Telegraph and Telephone Corporation's Equity Buyback Plan announced on August 9, 2023. CI
Nippon Telegraph and Telephone Corporation's Equity Buyback announced on March 22, 2024, has closed with 1,155,601,000 shares, representing 1.36% for ¥199,999.98 million. CI
Japanese firms join forces to promote floating offshore wind power development RE
Nissan aims to start driverless ride service in Japan by 2027 RE
Mirait One Initiates 2 Billion Yen Buyback Program; Shares Up 5% MT
Oishii Farm Corporation announced that it has received $134 million in funding from a group of investors CI
Japan's Nikkei then and now, as shares near '89 record RE
At last, FOMO puts Japan's stocks back on global wishlist RE
At last, FOMO puts Japan's stocks back on global wishlist RE
Transcript : Nippon Telegraph and Telephone Corporation, Nine Months 2024 Earnings Call, Feb 08, 2024
Nippon Telegraph and Telephone Corporation Provides Dividend Guidance for the Full Year Ending March 31, 2024 CI
Nippon Telegraph and Telephone Corporation Reports Earnings Results for the Nine Months Ended December 31, 2023 CI
Japan Initiates $305 Million Funding Support for Advanced Semiconductor Project by NTT, SK Hynix, Intel MT
Intel to Partner With Japan's NTT to Produce Silicon Using Optical Technology MT

Chart Nippon Telegraph and Telephone Corporation

NTT Research and NTT Global Sourcing Unveil New Hybrid Workspace in Sunnyvale (2)

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Company Profile

Nippon Telegraph and Telephone Corporation (NTT) is one of the Japanese largest telecommunications operators. Net sales break down by activity as follows:- systems integration services (32.8%). In addition, the group offers cloud services, data hosting, managed services, etc.;- networking and interconnection services (28.3%);- mobile telephony services (9.1%): 84.8 million subscribers at the end of March 2022;- fixed-line telecommunications services (7.5%): local and long-distance telephony services- sale of telecommunications terminals (5.7%);- other (16.6%): primarily distribution of films, music and e-books, financial services, real estate management and renewable energy production.Japan accounts for 81.9% of net sales.

Sector

Integrated Telecommunications Services

Calendar

06/08/2024 - Q1 2024 Earnings Release (Projected)

Related indices

Nikkei 225

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Income Statement Evolution

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Ratings for Nippon Telegraph and Telephone Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

NTT Research and NTT Global Sourcing Unveil New Hybrid Workspace in Sunnyvale (3)

Buy

Mean consensus

OUTPERFORM

Number of Analysts

16

Last Close Price

150JPY

Average target price

189JPY

Spread / Average Target

+26.00%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Integrated Telecommunications Services

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Other Integrated Telecommunications Services

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NTT Research and NTT Global Sourcing Unveil New Hybrid Workspace in Sunnyvale (2024)

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