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Friday, August 26, 2022

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

NTT 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

To view the original press release, please click here.

Search for NTT DATA on CIMdata.com

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