NTT (9432.T JPX) market closed 08 Jan 2026: most-active at JPY 159.50, vol 195.77M
NTT (9432.T) ended the JPX session at JPY 159.50, making it one of Japan’s most-active names on 08 Jan 2026. The stock traded 195,773,400 shares today as investors reacted to mixed operational momentum and steady cash flow metrics. Our note uses market data, recent earnings, and technical signals to give a concise 9432.T stock update and short-term outlook for traders and long-term holders.
Market snapshot and trading flow
NTT (9432.T) closed the market at JPY 159.50, down JPY 1.20 or 0.75% from the prior close. Volume reached 195.77M shares, slightly above the 50-day average of 191.41M, confirming the stock’s most-active status on JPX today. The intraday range was JPY 157.80–160.20, and the 50/200-day averages sit at JPY 155.38 and JPY 154.31 respectively, indicating a near-term uptrend but limited upside room.
Latest earnings and revenue drivers
NTT reported fiscal results through 2025 with mixed beats and misses across quarters; the most recent 2025-11-05 quarter showed EPS JPY 4.22 versus estimate JPY 4.28, and revenue JPY 3,653,031,598,293.00 versus estimate JPY 3,617,403,017,557.00. Earlier quarters included EPS JPY 3.21 (2025-08-05) and EPS JPY 1.76 (2025-05-08) showing variable margin pressure in services and global solutions. Management commentary points to steady demand in cloud and integration services while capex and legacy network maintenance weigh on free cash flow.
Valuation and fundamentals
Valuation metrics show a PE of 12.69 on TTM EPS JPY 12.55, and a price-to-sales ratio of 0.95. The company offers a dividend per share of JPY 5.25, yielding 3.30% at today’s price. Key balance metrics: debt-to-equity is 1.69, current ratio 0.98, and operating cash flow per share JPY 26.85. These figures indicate solid earnings yield and a capital-intensive profile that pushes net-debt-to-EBITDA to 3.52, raising medium-term refinancing risk concerns.
Technicals and trading signals for most-active flow
Momentum indicators favor cautious buying: RSI is 59.48, MACD histogram is positive at 0.38, and Bollinger middle is JPY 156.60 with an upper band at JPY 160.34. Average true range is JPY 1.75, implying limited daily volatility. On balance volume is negative today despite high turnover, suggesting distribution by larger holders. Traders watching 9432.T stock should note support near JPY 154.31 (200-day MA) and resistance JPY 160.34 (upper BB).
Sector context, risks and opportunities
Within Communication Services and Telecommunications, NTT competes with peers that show average sector PE near 26.73 and average net margin 8.82%. NTT’s net margin 7.50% is in line with large incumbents but lower than some pure-play global cloud peers. Opportunities: growing cloud, managed services, and global SI contracts. Risks: high leverage, capex intensity, and slower free cash flow conversion with pfcf ratio at 154.71. Macro sensitivity to Japanese corporate IT spend remains a key watch.
Meyka grade and forecast analysis
Meyka AI rates 9432.T with a score out of 100: 70.08 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a quarterly price of JPY 162.52 and a yearly price of JPY 140.81. Versus the current price JPY 159.50, the quarterly forecast implies an upside of 1.89%, while the yearly projection implies a downside of 11.72%. Forecasts are model-based projections and not guarantees. Meyka AI is our AI-powered market analysis platform for these models.
Final Thoughts
NTT (9432.T) remains one of the JPX most-active names, closing at JPY 159.50 on 08 Jan 2026 with 195.77M shares traded. Fundamentals show a reasonable valuation at PE 12.69 and a 3.30% dividend yield, balanced against elevated leverage and tight free-cash-flow conversion. Short-term technicals and high volume support a near-term trading range between JPY 154.31 and JPY 162.52. Meyka AI’s forecast model projects JPY 162.52 for the quarter, an implied upside of 1.89% from today; longer-term model output points to JPY 140.81, implying downside risk if macro or capex pressures persist. Investors should weigh stable earnings and dividend income against balance-sheet leverage and the company’s capital spending path. Forecasts and the Meyka grade are informational; they are not guarantees or personalised financial advice.
FAQs
What drove today’s 9432.T stock volume spike?
High intraday interest came from earnings season positioning and active trading in communication names; 195.77M shares traded, slightly above the 50-day average, reflecting both institutional rebalancing and retail flow.
Is 9432.T stock cheap on valuation?
Relative to peer averages, NTT trades at PE 12.69 and P/S 0.95, which is attractively valued versus many tech/comm peers. However, leverage and cash flow conversion temper the valuation case.
How does Meyka AI view 9432.T stock near term?
Meyka AI’s short-term model projects JPY 162.52, a 1.89% upside from JPY 159.50. The grade is B+ (70.08), reflecting solid earnings but higher leverage. Forecasts are model projections, not guarantees.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
