Q2 2023 NEC Corp Earnings Presentation Transcript



Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

6701.T - NEC Corp
Q2 2023 NEC Corp Earnings Presentation
Oct 28, 2022 / NTS GMT

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Presentation
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Unidentified Company Representative [1]
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Thank you for your participation today. I would now like to explain the financial results for Q2 fiscal year ending March 31, 2023. This is what I will cover today. I will first start with the outline of Q2 results.

Please refer to Page 5. This shows the key indicators and financial results by segment. For first half revenue, we see an increase of 5.2% versus last year. Adjusted operating profit decreased. The fluctuation of network services will be explained in more detail when we cover financial forecast. But for this fiscal year, carriers capital expenditures are skewed towards the second half and first half was sluggish.

There was also a onetime loss for an overseas strategic order that was acknowledged, and we
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