| CEO Name | Akira Shimada |
| Nationality | Japan |
| Net Worth Estimation | $5 million |
Akira Shimada's estimated net worth of around $5 million USD is primarily attributed to his executive compensation, stock holdings, and bonuses as CEO of Nippon Telegraph and Telephone Corporation (NTT), a major Japanese telecommunications company. Public data and Japanese corporate compensation practices suggest that while NTT is a large entity, CEO pay is typically modest by global standards, limiting higher net worth accumulation.
Akira Shimada, CEO of Nippon Telegraph and Telephone Corporation, has an estimated net worth of $5,000,000, which is 4.5% of the maximum and 400% of the minimum CEO net worth within the telecommunications category. His net worth positions him closer to the lower end of the estimated range for telecom CEOs.
Business Category: Telecommunications
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 90000000 USD
Akira Shimada Performance in Nippon Telegraph and Telephone Corporation
Akira Shimada, CEO of Nippon Telegraph and Telephone Corporation (NTT), demonstrates strong leadership by driving innovation and digital transformation within the company. His decision-making focuses on expanding 5G infrastructure and enhancing global telecommunications services, positioning NTT as a leader in the industry. Shimada's performance has significantly boosted operational efficiency and revenue growth, solidifying NTT's competitive edge in the global market.
Latest News
NTT Corporation's Name Change and Global Innovation Initiatives in 2025
Nippon Telegraph and Telephone Corporation officially shortened its name to NTT on July 1, 2024, reflecting its shift from traditional fixed-line services to advanced technologies like the Innovative Optical and Wireless Network (IOWN). CEO Jun Sawada emphasizes leveraging cutting-edge communications to boost global competitiveness and innovation, with NTT hosting the Upgrade 2025 summit focusing on AI and next-gen network technologies. Recent corporate moves include re-absorbing subsidiaries and expanding global tech leadership, positioning NTT as a major player beyond Japan's telecom sector.
Source: http://japan-forward.com/ntt-buys-back-subsidiaries-to-compete-in-the-global-market/