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Transcript : NEC Corporation, Q4 2024 Earnings Call, Apr 26, 2024
04-18
SWAT Mobility Japan Co., Ltd. announced that it has received funding from Chubu Electric Power Company, Incorporated, Nippon Express Holdings,Inc., NEC Corporation, The University of Tokyo Edge Capital Partners Co., Ltd.
CI
NEC : Presentation(2,815KB)
September 15, 2021 at 01:12 am
Public Infrastructure Business
September 15, 2021
Noritaka Taguma, Executive Vice President
(details to be explained later)
FY2018 - FY2021 Results
~FY2020 : Exceeded the figures in the FY2020 mid-term management plan for both revenue and adjusted operating profit
FY2021 : Revenue and profit are expected to decrease, due to the incorporation of supplemental budget in FY2020
Adjusted 8% operating margin
Revenue 658.8
(Billions of Yen)
Consolidated
Subsidiaries
233.5
Public
Infrastructure
BU
425.3
9% 9% 9%
678.8 692.9 660.0
Consolidated
Consolidated
Subsidiaries Consolidated
Subsidiaries
208.3 Subsidiaries
215.5
220.0
PublicPublic Public
Infrastructure Infrastructure Infrastructure
463.3 484.6 440.0
* Figures shown in the
following pages exclude
consolidated subsidiaries
FY2018
FY2019
FY2020
FY2021
(Plan)
FY2020 Results
Adjusted operating profit exceeded the original plan by 4.5 billion JPY (up 2.8 billion JPY
from the previous year), due to revenue increase from the supplemental budget, etc.
Space & Defence +0.6
(Billions of Yen)
Space & Defence
▲8.5
Gov. & Public
+2.2
Media
+0.7
Media
▲1.5
Others
+1.0
Others
▲1.0
Enhanced
Revenue
Increase,
Improvement in
IT Security,
Other
Profitability
Other
Revenue
+4.5
+3.5
▲1.7
Increase /
FY2020
Decrease
FY2019
Adjusted
(Product mix)
FY2020
Adjusted
Inventory Write-down
Operating
▲11.0
in the Previous Year
Adjusted
Operating
Profit
+7.5
Improvement in
Operating
Profit
Unprofitable
Profit
50.5
47.7
Projects +2.0
(Planned)
46.0
Revenue
463.3
484.6
(YoY)
(+5%)
4
© NEC Corporation 2021
FY2020 Results -Sector Summary-
Revenue drastically increased due to the supplemental budget including
Gov.
GIGA School etc., in addition to strong demand for IT system
& Public
Maintained high profitability
Revenue increased in the space domain, due to obtaining large projects
Space
Unprofitable projects reduced, which led to profitability be improved
& Defence
Revenue and profit declined in the defence domain, between the next
large projects
Revenue declined due to the completion in large projects regarding facility renovation for broadcasting stations
Media
Profitability improved due to continued improvements in quality control, etc.
5 © NEC Corporation 2021 NEC Group
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NEC Corporation published this content on 15 September 2021 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 15 September 2021 00:11:01 UTC .
Transcript : NEC Corporation, Q4 2024 Earnings Call, Apr 26, 2024
04-26
SWAT Mobility Japan Co., Ltd. announced that it has received funding from Chubu Electric Power Company, Incorporated, Nippon Express Holdings,Inc., NEC Corporation, The University of Tokyo Edge Capital Partners Co., Ltd.
04-17
CI
Ministry of Movement Pte. Ltd. announced that it has received funding from The University of Tokyo Edge Capital Partners Co., Ltd., Chubu Electric Power Company, Incorporated, Nippon Express Holdings,Inc., NEC Corporation and other investors
04-16
CI
Ministry of Movement Pte. Ltd. announced that it expects to receive funding from a group of investors
04-01
CI
NEC Corporation and Sumitomo Corporation Sign Strategic Partnership Agreement to Expand Global Sales of the CropScope Agricultural ICT Platform
03-28
CI
NEC Considers Selling Data Center Assets for Up to $500 Million, Sources Say
03-18
MT
NEC Reportedly Weighs $500 Million Data Center Sale
03-14
CI
Transgene, NEC Corporation and BostonGene Corporation Expand Collaboration for Phase I/II Clinical Trial of Neoantigen Cancer Vaccine TG4050
03-05
CI
Tranche Update on Japan Aviation Electronics Industry, Limited's Equity Buyback Plan announced on January 29, 2024.
02-29
CI
After Nikkei's record run, investors want to know if Japan has changed for real
02-28
RE
Japan Aviation Electronics Industry, Limited's Equity Buyback announced on January 29, 2024, has closed with 23,851,152 shares, representing 26.16% for ¥62,132.25 million.
02-27
CI
Hong Kong investor files injunction on NEC's JAE stake sale
02-26
RE
NTT DOCOMO, INC and NEC Corporation to Establish "OREX SAI" Joint Venture to Provide Open Ran Global Deployments
02-26
CI
US investor presses Japan Aviation and NEC to cancel buyback, reconsider buyout offers
02-22
RE
Curi RMB asks Japan Aviation and NEC to cancel tender offer
02-21
RE
NEC Corp. Receives Higher Offer for Japan Aviation Electronics Industry
02-16
MT
Japan chipmaker Renesas to buy software company Altium for $5.9 bln
02-14
RE
NEC spurned private equity offers before selling discounted stake in iPhone supplier, sources say
02-14
RE
Supermicro shares jump after revenue forecast raise re-ignites AI rally
01-30
RE
Transcript : NEC Corporation, Q3 2024 Earnings Call, Jan 30, 2024
01-30
Japan Aviation Electronics Shares Slump After NEC's Plan to Cut Stake
01-30
DJ
NEC Reportedly Plans to Cut Stake Japan Aviation Electronics Industry
01-30
CI
Japan to offer $300 million for optical chip tech development
01-30
RE
Japan Aviation Electronics Industry, Limited announces an Equity Buyback for 25,799,906 shares, representing 28.29% for ¥67,208.76 million.
01-29
CI
Japan Aviation Electronics Industry, Limited authorizes a Buyback Plan.
01-28
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
NEC Corporation specializes in the manufacturing and marketing computing and telecommunication equipments. Net sales break down by activity as follows:
- IT services (53.9%): integration, maintenance, outsourcing, support services, etc.;
- sale of IT infrastructure products and network systems (17%). In addition, the group provides network services;
- sale of digital government and financial services software (14.9%);
- other (12.7%): sale of hardware, mobile telephones, lighting products, energy management and storage systems, etc.
Net sales are distributed geographically as follows: Japan (75%), Asia/Pacific (11.2%), Europe/Middle East/Africa (9.8%) and Americas (4%).
More about the company
Last Close Price
11,400
JPY
Average target price
11,642
JPY
Spread / Average Target
+2.12%
Consensus
1st Jan change
Capi.
+36.53% 19.33B -11.47% 192B +4.89% 170B +2.95% 155B +5.22% 99.35B +9.68% 78.92B +22.42% 76.87B -6.61% 70.91B -20.06% 54.66B -9.22% 44.07B
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+951% of historical performance
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