*** For immediate use January 26, 2012
Nine Months Ended December 31, 2010 |
Nine Months Ended December 31, 2011 | Change | |||||||||||||||||
| In billions of yen
| In billions of yen
| %
| ||||||||||||||||
| yen | yen | yen |
Three Months Ended December 31, 2010 |
Three Months Ended December 31, 2011 | Change | |||||||||||||||||
| In billions of yen
| In billions of yen
| %
| ||||||||||||||||
| yen | yen | yen |
As of March 31, 2011 |
As of December 31, 2011 | Change | |||||||
In billions of yen
| In billions of yen
| %
|
Number of consolidated subsidiaries and affiliated companies accounted for by the equity method is as follows:
As of December 31, 2010 |
As of December 31, 2011 |
As of March 31, 2011 | |
Consolidated subsidiaries | 284 | 267 | 283 |
Affiliated companies accounted for by the equity method | 59 | 55 | 55 |
This material contains forward-looking statements
pertaining to strategies, financial targets, technology,
products and services, and business performance of NEC
Corporation and its consolidated subsidiaries (collectively
"NEC"). Written forward-looking statements may
appear in other documents that NEC files with stock
exchanges or regulatory authorities, such as the Director
of the Kanto Finance Bureau, and in reports to shareholders
and other communications. NEC is relying on certain
safe-harbors for forward-looking statements in making these
disclosures. Some of the forward-looking statements can be
identified by the use of forward-looking words such as
"believes," "expects," "may,"
"will," "should," "seeks,"
"intends," "plans,"
"estimates," "targets,"
"aims," or "anticipates," or the
negative of those words, or other comparable words or
phrases. You can also identify forward-looking statements
by discussions of strategy, beliefs, plans, targets, or
intentions. Forward-looking statements necessarily depend
on currently available assumptions, data, or methods that
may be incorrect or imprecise and NEC may not be able to
realize the results expected by them. You should not place
undue reliance on forward-looking statements, which reflect
NEC's analysis and expectations only. Forward-looking
statements are not guarantees of future performance and
involve inherent risks and uncertainties. A number of
important factors could cause actual results to differ
materially from those in the forward-looking statements.
Among the factors that could cause actual results to differ
materially from such statements include (i) global economic
conditions and general economic conditions in NEC's
markets, (ii) fluctuating demand for, and competitive
pricing pressure on, NEC's products and services, (iii)
NEC's ability to continue to win acceptance of
NEC's products and services in highly competitive
markets, (iv) NEC's ability to expand into foreign
markets, such as China, (v) regulatory change and
uncertainty and potential legal liability relating to
NEC's business and operations, (vi) NEC's ability
to restructure, or otherwise adjust, its operations to
reflect changing market conditions, (vii) movement of
currency exchange rates, particularly the rate between the
yen and the U.S. dollar, (viii) the impact of unfavorable
conditions or developments, including share price declines,
in the equity markets which may result in losses from
devaluation of listed securities held by NEC, and (ix)
impact of any regulatory action or legal proceeding against
NEC. Any forward-looking statements speak only as of the
date on which they are made. New risks and uncertainties
come up from time to time, and it is impossible for NEC to
predict these events or how they may affect NEC. NEC does
not undertake any obligation to update or revise any of the
forward-looking statements, whether as a result of new
information, future events, or otherwise.
The management targets included in this material are not
projections, and do not represent management's current
estimates of future performance. Rather, they represent
targets that management will strive to achieve through the
successful implementation of NEC's business
strategies.
Finally, NEC cautions you that the statements made in this
material are not an offer of securities for sale.
Securities may not be offered or sold in any jurisdiction
in which required registration is absent or an exemption
from registration under the applicable securities laws is
not granted.
Joseph Jasper/Akiko Shikimori TEL: +81-3-3798-6511
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