NTT DATA and MHI to Form Tie-up in Information Systems

NTT DATA, under the banner of its new medium-term business strategy - "ASCEND: Rise and grow our global brand" - is currently aiming toward further growth to the company's "Global 2nd Stage," a phase in which NTT DATA will serve both as a partner in information technology (IT) and as a business partner to customers who are seeking to transform their businesses through IT. By establishing a long-term partnership with MHI, NTT DATA is looking to make robust contributions to digitalization and globalization in the years ahead, starting with provision of more advanced IT services.

MHI on its part is eager to tie up with NTT DATA, with its abundant track record in network services and system integration operations, in a quest to achieve more advanced IT services and stronger global response capability more swiftly and efficiently by applying NTT DATA's technological and organizational strengths. In particular, MHI is seeking to boost the formation, operation and maintenance of the MHI Group's IT infrastructure and develop its business process applications, to cope with the manufacturing industry's increasingly rapid digitalization and globalization.

NTT DATA and MHI are now targeting establishment of their new company effective October 1, 2017. Discussions will focus on the particulars for NTT DATA's acquisition of a majority stake in the new enterprise after MHI sets up a preparatory company and transfers MHIIS's business to the new company.