NEC Corporation6701
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First-quarter net profit jumped 157.4% to 49.7 billion yen, with operating profit up 66.1%, driving shares up about 20%.
Impact on stocks 1
Cloud & Digital Infrastructure
NEC CorporationNEC achieved a sharp profit increase in the first quarter of fiscal 2027, with net profit up 157.4% year on year to 49.7 billion yen. Revenue rose 14.5% to 819.7 billion yen, while operating profit climbed 66.1% to 58.7 billion yen, meaning profit growth far outpaced revenue growth. For the full year, the company expects revenue to decline but profit to rise, forecasting revenue of 3.54 trillion yen, operating profit of 430 billion yen, and net profit of 290 billion yen. The share price surged after the earnings announcement, reaching 5,168 yen on August 14, up about 20% over the past month.
NEC CorporationFirst-quarter net profit jumped 157.4% to 49.7 billion yen, with operating profit up 66.1%, driving shares up about 20%.