	japan s ntt forecasts profits fall in nippon telegraph and telephone corp ntt expects its profits to fall to billion yen in the year ending march from a projected billion this year the company said total sales for the same period are expected to rise to billion yen from a projected billion this year ntt said in a business operations plan submitted to the post and telecommunications ministry ntt said it plans to make capital investments of billion yen in including billion for research and development as against a total of billion this year an ntt spokesman said increased competition from new entrants to the telecommunications field and the effect of a sales tax scheduled to be introduced next january were the major factors behind the projected decrease in profits the japanese telecommunications industry was deregulated in reuter 
