The earnings call highlights several positive outcomes, including record revenue and profit growth, strong performance in IT services, and significant free cash flow increase. However, these are balanced by notable challenges such as losses in the submarine cable business and investment outflows. Thus, the overall sentiment is mixed, with a balance of achievements and challenges.

Company Guidance -

Q2 2026

In the recent call, the company provided guidance for the fiscal year ending March 2026, projecting revenue of JPY3.36 billion and a non-GAAP operating profit (OP) of JPY320 billion. This represents an increase of JPY20 billion from the mid-term management plan target, despite macroeconomic uncertainties. The adjusted OP is expected to be JPY310 billion, factoring in ongoing structural reforms. The IT services segment is projected to post revenue of JPY2.15 trillion with an adjusted OP of JPY263 billion, while social infrastructure is expected to achieve revenue of JPY1.16 trillion and adjusted OP of JPY100 billion. The company also noted plans to increase investment in growth areas while maintaining a disciplined approach to capital allocation, applying cash ROIC evaluation for M&A transactions. The guidance reflects a continued focus on increasing profitability, even amid challenging conditions, and highlights strategic efforts to enhance operational efficiency and future growth potential.

Record Revenue and Profit Growth

Revenue for FY March 2025 was JPY3,423.4 billion, with a non-GAAP operating profit (OP) of JPY311.3 billion, achieving the mid-term management plan's targets a year ahead of schedule. Revenue increased by 5.3% year-on-year, and non-GAAP OP increased by JPY98.9 billion.

Strong Performance in IT Services

International IT business OP increased due to improved profitability, mainly attributable to Avaloq. Domestic IT services revenue excluding NEC facilities increased by 9%, and profitability improved by 2.3%.

Free Cash Flow Increase

Free cash flow from operating activities increased by JPY73.2 billion, leading to a total increase of JPY18 billion year-on-year, driven by an improved cash conversion cycle.

Blue Stellar Revenue Surge

Blue Stellar reported a 44% increase in revenue from the previous year, with a significant improvement in profitability.

Achievement of Mid-term Management Plan Targets

The company achieved its mid-term management plan targets for non-GAAP net profit and EBITDA one year ahead of schedule.

NEC (JP:6701) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

JP:6701 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2026 (Q2)	33.83 / -	13.877	―	―	―
Jul 29, 2025	2026 (Q1)	5.60 / 14.49	-4.38	430.82% (+18.87)
Apr 28, 2025	2025 (Q4)	61.49 / 77.80	86.715	-10.29% (-8.92)
Jan 30, 2025	2025 (Q3)	27.55 / 43.60	15.86	174.91% (+27.74)
Oct 29, 2024	2025 (Q2)	21.77 / 13.88	15.244	-8.97% (-1.37)
Jul 30, 2024	2025 (Q1)	-1.78 / -4.38	-5.548	21.05% (+1.17)
Apr 26, 2024	2024 (Q4)	62.67 / 86.72	65.734	31.92% (+20.98)
Jan 30, 2024	2024 (Q3)	19.10 / 15.86	16.564	-4.25% (-0.70)
Oct 30, 2023	2024 (Q2)	19.73 / 15.24	13.096	16.40% (+2.15)
Jul 28, 2023	2024 (Q1)	-4.12 / -5.55	-10.176	45.48% (+4.63)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

JP:6701 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	¥4043.00	¥4090.00	+1.16%
Apr 28, 2025	¥3203.00	¥3245.00	+1.31%
Jan 30, 2025	¥2675.24	¥2611.52	-2.38%
Oct 29, 2024	¥2663.30	¥2699.14	+1.35%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does NEC Corp. (JP:6701) report earnings?

NEC Corp. (JP:6701) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is NEC Corp. (JP:6701) earnings time?

NEC Corp. (JP:6701) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of NEC Corp. stock?

The P/E ratio of NEC is N/A.

What is JP:6701 EPS forecast?

JP:6701 EPS forecast for the fiscal quarter 2026 (Q2) is 33.83.

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