FilingReader Intelligence
NEC reports 679% operating profit surge on IT services
July 29, 2025 at 12:05 PM UTC•By FilingReader AI
NEC Corporation reported a 679.5% increase in operating profit to 35.4bn yen for Q1, with revenue up 3.7% to 715.7bn yen. Net profit attributable to owners rose to 19.3bn yen.
The Domestic IT Services segment drove substantial profit growth through cost improvements and profitability measures like BluStellar, which increased its revenue contribution to 28%.
NEC announced the issuance of 30bn yen in unsecured bonds maturing in 2030 and 2035.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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TSE:6701•Tokyo Stock Exchange
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