NEC Corp Earnings - Analysis & Highlights for Q3 2025

Overview
PositivesNegativesOutlook
  • Adjusted operating profit increased by ¥53.2 billion YoY to ¥150.2 billion.
  • Nine-month results show a significant improvement in Domestic IT services and Aerospace and National Security business.
  • ANS achieved a significant increase in both revenue and profit through steady execution of projects at hand.
  • Non-GAAP net profit will now be ¥182 billion, an increase by ¥17 billion.
  • Operational improvements and cost efficiency are progressing smoothly.
  • Telecom services reflect the possible risk of unable to attain targets for 5G and submarine systems.
  • Submarine systems costs have increased due to schedule delays with multiple existing projects.
  • The company has amended its forecast for FY 2025 March.