NEC Corporation6701
▲ PositiveCapitalrelevance
Q1 net profit surged 157% to 49.7B yen, revenue up 14.5%, operating profit up 66.1%, and ROE reached 13.0%.
Impact on stocks 1
Cloud & Digital Infrastructure
NEC CorporationNEC shares surged on July 30, reaching 5,002 yen. For the first quarter of the fiscal year ending March 2027, net profit improved dramatically to 49.7 billion yen, up 157.4 percent year-on-year, while revenue rose 14.5 percent to 819.8 billion yen and operating profit climbed 66.1 percent to 58.8 billion yen. The operating profit margin has risen from around 4 percent five quarters ago to 10 percent in the previous quarter, and return on equity reached 13.0 percent, exceeding the electrical equipment sector median of 7.4 percent. The disposal of low-margin businesses and a shift toward IT services and social infrastructure are contributing to improved profitability, and the market may be starting to appreciate this transformation.
NEC CorporationQ1 net profit surged 157% to 49.7B yen, revenue up 14.5%, operating profit up 66.1%, and ROE reached 13.0%.