• Kyodo News

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Nippon Telegraph and Telephone Corp. on Wednesday reported a group net profit of ¥538.68 billion for 2008, down 15.2 percent but still the largest among listed Japanese companies for the year.

NTT reported an operating profit of ¥1.11 trillion for the year that ended March 31, down 14.9 percent from the previous year, on group sales of ¥10.42 trillion, down 2.5 percent.

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