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NEC (6701) investor relations material
NEC Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Nine-month revenue increased 4.3% year-on-year to ¥2,422.3 billion, led by strong Domestic IT, Aerospace/Defense, and National Security segments.
Adjusted operating profit rose by ¥55.8 billion to ¥206.0 billion, and non-GAAP operating profit increased by ¥47.5 billion to ¥209.9 billion year-over-year.
Net profit attributable to owners of the parent nearly doubled year-over-year to ¥142,278 million, with total comprehensive income up 123.4% to ¥248,497 million.
Despite ¥18.0 billion in Q3 restructuring expenses, results exceeded expectations and full-year outlook was revised upward.
Financial highlights
Non-GAAP net profit for nine months was ¥143.0 billion, up ¥34.6 billion year-over-year.
EBITDA for the period reached ¥304.7 billion, a ¥50.2 billion increase year-over-year.
Basic and diluted EPS more than doubled to ¥106.74, reflecting a share split effective April 1, 2025.
Free cash flow for Q3 was ¥201.8 billion, a significant improvement from the previous year.
Gross profit increased to ¥761,890 million from ¥701,883 million year-over-year.
Outlook and guidance
Full-year revenue forecast raised to ¥3,560.0 billion, with adjusted operating profit forecast at ¥340.0 billion and non-GAAP operating profit at ¥360.0 billion.
Non-GAAP net profit forecast raised to ¥260.0 billion, and EBITDA to ¥485.0 billion.
Non-GAAP EPS forecasted at ¥195.03.
Dividend per share maintained at 32 yen; post-share split, annual dividend forecasted at ¥140.00 per share.
IT Services segment revenue forecast at ¥2,470.0 billion, with adjusted operating profit at ¥331.0 billion.
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