NEC Networks & System Integration, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 34%, Oct-Dec Ordinary Profit Increases by 43%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Thu Jan 30, 2025 3:30 pm JST Earnings

1973 NEC Networks & System Integration Corporation 【J-GAAP】

Earnings Report

NEC Networks & System Integration Corporation <1973> [TSE Prime] announced its financial results after the market closed on January 30th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) expanded 16.3 billion yen, an increase 34.3% compared to the same period last year. The progress rate toward the full-year plan of 29 billion yen was 56.5%, exceeding the five-year average of 51.4%.

Based on the cumulative third-quarter performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to grow 1.1% from the same period last year, reaching 12.6 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 42.8% from the same period last year, reaching 8.61 billion yen. The operating profit margin improved from 6.6% in the same period last year to 9.1%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2022	221,881	11,174	11,206	6,111	41.0	48.8	Jan 30, 2023	J-GAAP
Apr - Dec, 2023	249,439	12,450	12,190	7,698	51.7	49.4	Jan 30, 2024	J-GAAP
Apr - Dec, 2024	265,778	16,392	16,372	9,635	64.7	56.5	Jan 30, 2025	J-GAAP
YoY	+6.6%	+31.7%	+34.3%	+25.2%	+25.2%

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	192,960	21,168	21,240	14,152	95.0	0	Oct 29, 2024	J-GAAP
Oct - Mar, 2024 New	212,960	21,168	21,240	14,152	95.0	0	Jan 30, 2025	J-GAAP
Revision Rate	+10.4%	0.0%	0.0%	0.0%	0.0%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	365,000	29,000	29,000	18,000	120.8	28	Oct 29, 2024	J-GAAP
Mar, 2025 New	385,000	29,000	29,000	18,000	120.8	28	Jan 30, 2025	J-GAAP
Revision Rate	+5.5%	0.0%	0.0%	0.0%	0.0%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	204,310	18,896	18,523	11,729	78.7	24.50	Apr 26, 2024	J-GAAP
Oct - Mar, 2024 Guidance	212,960	21,168	21,240	14,152	95.0	0	Jan 30, 2025	J-GAAP
YoY	+4.2%	+12.0%	+14.7%	+20.7%	+20.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	320,802	22,751	22,970	13,813	92.7	46	Apr 28, 2023	J-GAAP
Mar, 2024	359,505	25,120	24,684	15,329	102.9	49	Apr 26, 2024	J-GAAP
Mar, 2025 Guidance	385,000	29,000	29,000	18,000	120.8	28	Jan 30, 2025	J-GAAP
YoY	+7.1%	+15.4%	+17.5%	+17.4%	+17.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	94,244	6,226	6,029	4,098	27.5	6.6	Jan 30, 2024	J-GAAP
Jan - Mar, 2024	110,066	12,670	12,494	7,631	51.2	11.5	Apr 26, 2024	J-GAAP
Apr - Jun, 2024	79,127	2,384	2,302	1,518	10.2	3.0	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	92,913	5,448	5,458	2,330	15.6	5.9	Oct 29, 2024	J-GAAP
Oct - Dec, 2024	93,738	8,560	8,612	5,787	38.9	9.1	Jan 30, 2025	J-GAAP
YoY	-0.5%	+37.5%	+42.8%	+41.2%	+41.2%