NEC Corporation Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Revenue	3,506,534	3,423,431	3,477,262	3,313,018	3,014,095	2,994,023	Upgrade
Revenue Growth (YoY)	2.68%	-1.55%	4.96%	9.92%	0.67%	-3.27%	Upgrade
Cost of Revenue	2,380,151	2,362,875	2,471,404	2,354,770	2,127,682	2,132,840	Upgrade
Gross Profit	1,126,383	1,060,556	1,005,858	958,248	886,413	861,183	Upgrade
Selling, General & Admin	775,471	777,424	814,013	793,700	762,970	731,691	Upgrade
Other Operating Expenses	20,538	26,635	3,833	-5,899	-9,082	15	Upgrade
Operating Expenses	796,009	804,059	817,846	787,801	753,888	731,706	Upgrade
Operating Income	330,374	256,497	188,012	170,447	132,525	129,477	Upgrade
Interest Expense	-9,656	-9,464	-12,152	-8,001	-8,032	-8,527	Upgrade
Interest & Investment Income	11,259	9,640	8,920	6,979	5,806	5,199	Upgrade
Earnings From Equity Investments	3,350	-10,103	5,267	3,949	5,384	4,994	Upgrade
Currency Exchange Gain (Loss)	-2,860	-2,860	-2,596	-4,158	2,019	758	Upgrade
Other Non Operating Income (Expenses)	-3,939	-3,939	-2,440	2,185	-3,004	-1,717	Upgrade
EBT Excluding Unusual Items	328,528	239,771	185,011	171,401	134,698	130,184	Upgrade
Merger & Restructuring Charges	-	-	-	-	-	-1,298	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-3,730	9,738	3,365	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-	23,969	Upgrade
Asset Writedown	-	-	-	-	-	-3,162	Upgrade
Pretax Income	328,528	239,771	185,011	167,671	144,436	157,831	Upgrade
Income Tax Expense	85,098	55,107	20,259	36,155	-12,267	-4,035	Upgrade
Earnings From Continuing Operations	243,430	184,664	164,752	131,516	156,703	161,866	Upgrade
Minority Interest in Earnings	-8,877	-9,481	-15,231	-17,016	-15,426	-12,260	Upgrade
Net Income	234,553	175,183	149,521	114,500	141,277	149,606	Upgrade
Net Income to Common	234,553	175,183	149,521	114,500	141,277	149,606	Upgrade
Net Income Growth	56.30%	17.16%	30.59%	-18.95%	-5.57%	49.66%	Upgrade
Shares Outstanding (Basic)	1,333	1,332	1,332	1,349	1,362	1,343	Upgrade
Shares Outstanding (Diluted)	1,333	1,332	1,332	1,349	1,362	1,343	Upgrade
Shares Change (YoY)	0.02%	0.02%	-1.23%	-1.00%	1.47%	3.41%	Upgrade
EPS (Basic)	176.02	131.50	112.25	84.90	103.71	111.44	Upgrade
EPS (Diluted)	176.02	131.49	112.25	84.90	103.71	111.44	Upgrade
EPS Growth	56.27%	17.14%	32.21%	-18.14%	-6.93%	44.72%	Upgrade
Free Cash Flow	365,266	217,998	196,052	95,736	90,568	215,600	Upgrade
Free Cash Flow Per Share	274.12	163.63	147.18	70.99	66.48	160.59	Upgrade
Dividend Per Share	30.000	28.000	24.000	22.000	20.000	18.000	Upgrade
Dividend Growth	-21.05%	16.67%	9.09%	10.00%	11.11%	28.57%	Upgrade
Gross Margin	32.12%	30.98%	28.93%	28.92%	29.41%	28.76%	Upgrade
Operating Margin	9.42%	7.49%	5.41%	5.15%	4.40%	4.32%	Upgrade
Profit Margin	6.69%	5.12%	4.30%	3.46%	4.69%	5.00%	Upgrade
Free Cash Flow Margin	10.42%	6.37%	5.64%	2.89%	3.00%	7.20%	Upgrade
EBITDA	486,400	414,934	375,712	353,745	313,064	189,871	Upgrade
EBITDA Margin	13.87%	12.12%	10.80%	10.68%	10.39%	6.34%	Upgrade
D&A For EBITDA	156,026	158,437	187,700	183,298	180,539	60,394	Upgrade
EBIT	330,374	256,497	188,012	170,447	132,525	129,477	Upgrade
EBIT Margin	9.42%	7.49%	5.41%	5.15%	4.40%	4.32%	Upgrade
Effective Tax Rate	25.90%	22.98%	10.95%	21.56%	-	-	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.