NTT DATA Expands AI Services, Appoints New CEO, June 14

NTT DATA Corporation, Japan’s leading IT services provider, is expanding its generative AI capabilities and has appointed Kazuhiko Nakayama as President and CEO effective June 12, 2026. The company is integrating Queue’s data analysis technology into its service portfolio to help clients without specialized expertise leverage business data for strategic decisions. These moves reflect NTT DATA’s strategy to capture growth in AI and digital transformation services.

New Leadership Takes the Helm

Kazuhiko Nakayama assumed the role of NTT DATA Group President and CEO on June 12, 2026. Yutaka Sasaki, the former president, moved to Senior Executive Vice President of parent company NTT effective June 18. The leadership transition marks a shift in strategic focus as the company navigates rapid AI adoption across industries. Nakayama’s appointment signals NTT DATA’s commitment to accelerating digital and AI-driven solutions.

AI Data Analysis Services Expanded

NTT DATA is incorporating technology developed by Queue, a Tokyo-based software startup, into its data analysis platform. The integration allows customers to extract consumer purchase trends and equipment insights from business data without requiring deep technical knowledge. This move addresses a key market gap: helping enterprises unlock value from data through AI without hiring specialized staff. The expanded service portfolio positions NTT DATA to compete in the growing enterprise AI market.

Stock Performance and Outlook

NTT DATA stock (9613.T) closed at ¥3,965.0 on June 14, unchanged from the previous day. Meyka rates the stock B+ with a 12-month price target of ¥3,536, suggesting limited upside from current levels. The company’s trailing PE ratio stands at 52.6x, reflecting high valuation relative to earnings. With analyst consensus and Meyka’s forecast aligned on modest returns, investors should monitor execution on AI service expansion before expecting significant price appreciation.

Final Thoughts

NTT DATA’s AI expansion and leadership change position the company for growth in enterprise digital transformation. However, Meyka’s B+ rating and ¥3,536 target suggest the stock is fairly valued at current prices, leaving limited room for near-term gains.

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The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.