NEC ( (JP:6701) ) just unveiled an update.
NEC Corporation reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a slight decline in revenue by 1.5% to 3,423,431 million JPY. However, the company achieved a significant increase in operating profit by 36.4% and net profit attributable to owners of the parent by 17.2%. The results indicate a strong operational performance despite a challenging market environment, with improvements in profitability and return on equity. The company also announced a share split effective April 1, 2025, which is expected to enhance liquidity and make shares more accessible to a broader range of investors.
More about NEC
NEC Corporation is a prominent player in the technology industry, primarily focusing on the development and provision of IT services and solutions. The company is listed on the Tokyo Stock Exchange and is known for its contributions to communications and IT infrastructure, serving a global market with a strong emphasis on innovation and digital transformation.
YTD Price Performance: 36.30%
Average Trading Volume: 6,605
Technical Sentiment Signal: Sell
Current Market Cap: $30.25B
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