Nippon Telephone Inc. reported consolidated earnings results for first quarter ended July 2016. For the year, on consolidated basis, the company's net sales were JPY 1,368 million, operating income was JPY 4 million, ordinary income was JPY 2 million, loss was JPY 2 million and basic loss per share was JPY 0.88.

For the half year ending October 2016, the company expects net sales of JPY 3,076 million, operating income of JPY 38 million, ordinary income of JPY 45 million and profit of JPY 40 million or JPY 11.8 per share.

For the year ending April 2017, the company expects net sales of JPY 6,144 million, operating income of JPY 45 million, ordinary income of JPY 60 million and profit of JPY 50 million or JPY 14.68 per share.