NEC Corp ( (NIPNF) ) has released its Q1 earnings. Here is a breakdown of the information NEC Corp presented to its investors.
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NEC Corporation, a prominent player in the technology sector, specializes in providing IT and network solutions, with a focus on integrating advanced technologies to enhance social infrastructure and business operations.
In its latest earnings report for the three-month period ending June 30, 2025, NEC Corporation showcased a strong financial performance, marked by a significant increase in operating profit and net profit compared to the previous year. The company reported a revenue of JPY 715,658 million, reflecting a year-on-year growth of 3.7%.
Key highlights from the report include a remarkable surge in operating profit, which soared by 679.5% to JPY 35,389 million, and a net profit attributable to owners of the parent amounting to JPY 19,310 million, a substantial turnaround from the loss recorded in the same period last year. The company’s adjusted operating profit also witnessed a notable increase, reaching JPY 41,715 million, up by 228.8% year-on-year. These figures underscore NEC’s successful strategic initiatives and operational efficiencies.
Looking ahead, NEC Corporation remains cautiously optimistic, with a forecasted revenue of JPY 3,360,000 million for the fiscal year ending March 31, 2026. The company aims to continue leveraging its technological expertise to drive growth and maintain its competitive edge in the evolving global market.