SEARCHING FOR COMPETITIVE PRODUCTS THROUGHOUT THE WORLD - NTT PROCUREMENT FROM NON-JAPANESE COMPANIES IN FISCAL 1995

NTT introduced its current open and transparent procurement procedures 16 years ago. These procedures, which do not make a distinction betwe en foreign and domestic companies, have enabled the company to procure a broad range of foreign products, especially high-tech items, which now play a crucial role in NTT's operations. NTT also has been underta king a variety of measures to procure competitive products from throug hout the world, to help the corporation respond effectively to an incr easingly competitive business environment. As a result of such efforts ; NTT's procurements from non-Japanese companies in fiscal 1995 reache d a value of 152 billion yen.