NEC Corp (OTCPK:NIPNF)
$ 85.69 -2.41 (-2.74%) Market Cap: 25.06 Bil Enterprise Value: 25.24 Bil PE Ratio: 23.67 PB Ratio: 1.84 GF Score: 72/100

Q1 2024 NEC Corp Earnings Presentation Transcript

Jul 28, 2023 / 10:59 AM GMT
Release Date Price: $47.99 (-2.40%)


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

6701.T - NEC Corp
Q1 2024 NEC Corp Earnings Presentation
Jul 28, 2023 / NTS GMT

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Presentation
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Unidentified Company Representative, [1]
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Thank you for joining us today. I am pleased to present our financial results of Q1 of FY ending March 2024, which we announced today. The contents of today's presentation are listed here. I will now explain the results for the first quarter of FY ending March 2024. Page 4, summary of the financial results of Q1 of FY ending March 2024. Revenue was JPY 706.5 billion, an increase of 7.1% year-on-year. Adjusted operating profit was JPY 0.5 billion, an increase of JPY 7.4 billion from the previous year.

Starting from this fiscal year, we report non-GAAP operating profit and net profit. Non-GAAP operating profit is an indicator of our fundamental business performance. It is defined as operating profit minus items such as the
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