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Establishment of the new company, "NTT TechnoCross Corporation" and integration of solution business to enhance media related business
December 15, 2016

Establishment of the new company, "NTT TechnoCross Corporation" and integration of solution business to enhance media related business

NTT Software Corporation
NTT Advanced Technology Corporation

NTT Software Corporation (hereinafter called “NTT Software”; Head office: Konan, Minato-ku, Tokyo; President and CEO: Shinichi Yamada) and NTT IT CORPORATION (hereinafter called “NTT IT”; Head office: Naka-ku, Yokohama-shi, Kanagawa; President and CEO: Masahiko Hase) will be merged into the new company, “NTT TechnoCross Corporation” (hereinafter called “NTT TechnoCross”) at April 1st, 2017 to enhance solution business using technology of media processing such as audio and visual one and intelligent processing such as AI (hereinafter called “media related”). In addition, NTT TechnoCross will integrate audio and visual business of NTT Advanced Technology Corporation (hereinafter, “NTT-AT”; Head office: Kawasaki-shi, Kanagawa; President
and CEO: George Kimura) to further strengthen the related business.

NTT TechnoCross will consistently provide leading-edge solution services using advanced technology and research achievements by NIPPON TELEGRAPH AND TELEPHONE CORPORATION (hereinafter called “NTT”) while sustaining an ongoing business undertaken by each company. NTT TechnoCross will comprehensively support its customers to enhance their competitiveness, and contribute to their sustainable growth by gathering technology, know-how and human resources of each company, and generating synergy as a partner trusted by its customers

Overview of the new company

Company name NTT TechnoCross Corporation
Date of establishment
of the new company
April 1st, 2017 (Planned)
Head office Shinagawa Grand Central Tower.17F
2-16-4,Konan, Minato-ku,Tokyo, Japan 108-8202
(Currently, the head office of NTT Software)
Derivation of the new
company name
The new name is derived from the idea that the new company will provide
valuable solutions by crossing (Cross) advanced technology (Techno)
including NTT research achievements.

Merger type

Absorption-type merger that NTT Software is a company surviving absorption-type merger. NTT IT will be dissolved.

Important decisions ahead

Important matters including the president and CEO, the board members and the detailed business outline of NTT TechnoCross will be decided accordingly toward April 1st, 2017, the date the new company is established.

Reference: Overviews of each company

NTT Software
Company Name NTT Software Corporation
President and CEO Shinichi Yamada
Head Office Shinagawa Grand Central Tower.17F
2-16-4,Konan,Minato-ku,Tokyo, Japan 108-8202
Capital 500 million yen
Employees 1,463 (As of the end of March, 2016)
President and CEO Masahiko Hase
Head Office Kannai Waizu Bld. 4F, 2-9-1, Furo-cho, Naka-ku, Yokohama-shi, Kanagawa 231-0032, Japan
Capital 300 million yen
Employees 222 (As of the end of March, 2016)
Company Name NTT Advanced Technology Corporation
President and CEO George Kimura
Head Office Muza Kawasaki Central Tower, 1310 Omiya-cho Saiwai-ku, Kawasaki-shi,
Kanagawa, 212-0014, Japan
Capital 5 billion yen
Employees 1,821 (As of the end of March, 2016)

Contact info for inquiries of this news release

Contact info for inquiries from the press

NTT Software Corporation

Sales Promotion Department
Press and PR Group
Sakamoto, Kama
TEL: 03-5782-7040


Management Planning Division
PR Section

NTT Advanced Technology Corporation

Business Strategy Management Department
Corporate Communications Section
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