Q2 2024 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 2024 NEC Corp Earnings Presentation
Oct 30, 2023 / NTS GMT

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Presentation
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Unidentified Company Representative, [1]
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Thank you very much for joining our performance briefing for Q2 FY ending March 2024. Here is the agenda. First, results for Q2 FY ending March 2024. Page 4, summary of the first half. Revenue was JPY 1,548.8 billion, up 6.4% year-on-year. Adjusted operating profit was JPY 45.8 billion, an increase of JPY 14.6 billion from the previous year. Non-GAAP operating profit, which measures the performance of our core business was JPY 46.1 billion, up JPY 27.7 billion year-on-year. The results up to the first half of this fiscal year are in line with our overall forecast.

Please refer to Pages 22 and 23 of the appendix for the details of the adjustments from GAAP to non-GAAP operating profit. Page 5, results by segment. The
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