Full Year 2022 NEC Corp Earnings Presentation Transcript

Apr 28, 2022 / NTS GMT

Release Date Price: $7.69

Transcript

Takayuki Morita

NEC Corporation - President, CEO & Representative Director

Thank you for your participation today. I would like to present to you the financial results for FY '22 March and financial forecasts for FY '23 March that were announced today.

This is what I will explain to you today. First, I will outline the full year results for FY '22 March. Page 5 shows the summary for FY '22 March.

Revenue was JPY 3.0141 trillion. Although impacted by decline in special demand for the GIGA school project and a negative impact from component shortages, growth business expanded through increase in 5G base station shipments and ABeam collaboration for core DX.

Adjusted operating profit was JPY 171 billion. I will detail this later on, but although strategic expenses grew and there was impact by component shortages, we achieved

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