|
Personnel reduction
|
|
Capital investment reduction |
|
|
NTT East/West capital investment during the three years from FY 2000 to 2002 is being reduced by approximately 900 billion yen. |
|
Other |
|
|
System of performance-based promotions and wages, no regular pay raise after age 50 (April 2001). |
|
|
Various cost reductions should improve the balance sheet by around 100 billion yen in FY 2002. |
|
|
No base increase in spring labor negotiations (FY 2000-2001), lowering of bonuses. |