Business · Companies · 6 hrs ago
NTT to sell all NEC shares and redirect funds toward AI investment
NTT plans to sell all its shares in NEC, ending a capital relationship between the Japanese telecommunications company and the electronics maker.
The companies had used that relationship to deepen cooperation on telecommunications equipment development.
They will instead work together on individual projects, rather than rely on a continuing shareholding tie.
The sale is expected to bring NTT a profit of 190 billion yen.
NTT says it wants to secure funds for AI investment as the technology spreads rapidly and competition grows.
The shift marks a change in how the two companies cooperate, but they may still work together when specific projects call for it.
NTT has decided to sell all of its shares in NEC.
The sale is expected to generate a profit of 190 billion yen, according to Nikkei’s headline.
NTT said it would redirect funds toward investment focused on artificial intelligence.
The companies plan to work together on a project-by-project basis rather than rely on their capital relationship.
An NEC executive said the company was surprised by the decision.
- Who
- NTT and NEC.
- What
- NTT decided to sell all its NEC shares and focus the funds on AI investment.
- When
- NTT’s decision was reported on November 10, 2026.
- Where
- Not stated.
- Why
- NTT aims to secure funds and strengthen its competitiveness as AI spreads rapidly.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Shares to be sold
- All NEC shares held by NTT
- Expected profit
- 190 billion yen
- Investment focus
- Artificial intelligence
- Cooperation model
- Project-by-project work
What people are saying
We expected them to hold it for longer, but did not expect them to sell so soon.