Komori
Nec (6701) · InitiativeReframed

Radio Unit Miniaturization Technology for the Practical Implementation of 5G

First written in FY2019-Q2. 6 of 10 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2026.

10entries
9years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2019-Q2AdvancedFY2022-Q1 – FY2022AdvancedFY2023 – FY2025-H12018: 12019: 020192020: 020202021: 120212022: 220222023: 320232024: 220242025: 020252026: 12026
Same theme, other companies
Research and Development of 5G and Beyond 5G Wireless Communications TechnologiesA theme 10 companies write about · 0 as a headwind · 12 as a tailwind

Nec moved to the "Worse" side of this theme in 2026.

The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.

0 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026ReframedAnnual report

    「The company is winding down its conventional base-station business, which was based on dedicated hardware, and will focus going forward on businesses related to vRAN, or virtualized radio access networks.」

    The 5G and communications business strategy was reorganized around winding down the conventional base-station business, focusing on vRAN, and shifting to high-value-added communications software and services.
  2. FY2025-H1AdvancedAnnual report

    「Adjusted operating profit increased by ¥11.3 billion year on year to a profit of ¥17.7 billion, reflecting higher revenue and improved profitability in the 5G business, among other factors.」

    Improved profitability in the 5G business contributed to higher adjusted operating profit in the Social Infrastructure Business, which improved by ¥11.3 billion year on year.
  3. FY2024-Q3AdvancedAnnual report

    「Revenue in the Social Infrastructure Business increased by ¥17.7 billion, or 2.5%, year on year to ¥735.6 billion, due mainly to growth in defense-related business. Adjusted operating profit and loss increased by ¥4.4 billion year on year to a profit of ¥31.3 billion, reflecting higher revenue and improved profitability in the 5G business, among other factors.」

    Improved profitability in the 5G business contributed to higher adjusted operating profit and loss in the Social Infrastructure Business, which increased by ¥4.4 billion year on year to a profit of ¥31.3 billion.
  4. FY2024-Q2AdvancedAnnual report

    「Adjusted operating profit increased by ¥13.1 billion year on year to ¥15.8 billion, mainly because of higher revenue, the effects of overseas 5G restructuring, and a decrease in one-time losses recorded in the same period of the previous year.」

    The effects of structural reforms in overseas 5G were reflected in results, improving adjusted operating profit and loss in the Social Infrastructure Business by ¥13.1 billion year on year to a profit of ¥15.8 billion.
  5. FY2023AdvancedAnnual report

    「The company also began shipping base stations for commercial projects overseas, expanding revenue. However, profitability remained a challenge, as expenses related to market development increased.」

    The 5G business progressed to the start of base-station shipments for overseas commercial projects and revenue growth, but market-development expenses left profitability as a challenge.
  6. FY2023-Q3Losses narrowed despite continued cost burdensAnnual report

    「Revenue from the Network Services Business increased by ¥10.9 billion, or 3.1%, year on year to ¥361.0 billion, mainly because of growth in the 5G business and patent licensing revenue. Adjusted operating profit deteriorated by ¥16.4 billion year on year to an adjusted operating loss of ¥0.6 billion, mainly because of one-time costs, including those associated with strategic overseas 5G orders, and higher investment costs related to 5G.」

    Revenue increased 3.1% due to growth in the 5G business, while continued recognition of expenses for strategic overseas 5G orders and 5G-related investment resulted in an adjusted operating loss of ¥600 million.
  7. FY2023-Q2Expense recognition for strategic overseas 5G ordersAnnual report

    「Adjusted operating profit and loss deteriorated by ¥21.7 billion year on year to a loss of ¥13.3 billion, due to one-time expense recognition for strategic overseas 5G orders, a temporary increase in expenses resulting from 5G-related investment being concentrated in the first half of the fiscal year, and lower profit at consolidated subsidiaries.」

    Strategic overseas 5G orders were at the expense-recognition stage, and together with 5G-related investment concentrated in the first half, they weighed on profit and loss in the Network Services Business.
  8. FY2022AdvancedAnnual report

    「In June 2021, the company was selected as a partner to supply 5G base station equipment for one of the world's largest Open RAN networks being built in the United Kingdom by Vodafone Group. In September 2021, it also reached an agreement with Telefónica on an Open RAN demonstration for commercial deployment in Spain, Germany, the United Kingdom and Brazil.」

    The 5G business progressed from expanding domestic base-station sales to Vodafone's adoption of Open RAN in the United Kingdom and an agreement on commercial demonstrations in Europe and Brazil.
  9. FY2022-Q1AdvancedAnnual report

    「Revenue from the Network Services Business increased by ¥5.3 billion, or 5.3%, year on year to ¥104.3 billion, mainly because of the expansion of the 5G business. Adjusted operating profit improved by ¥2.0 billion year on year but remained an adjusted operating loss of ¥0.1 billion, mainly because of higher revenue.」

    Regarding efforts toward the practical implementation of 5G, the expansion of the 5G business was identified as a revenue growth driver for the Network Services Business, and adjusted operating profit and loss also improved.
  10. FY2019-Q2First statedAnnual report

    「Developed heat-dissipation technology from antennas that enables the volume of wireless units equipped with multi-element antennas to be reduced by approximately half, toward the practical implementation of 5G, the fifth-generation mobile communications system (Network Services Business).」

    Developed new heat-dissipation technology to reduce by approximately half the volume of wireless units equipped with multi-element antennas, toward the practical implementation of 5G.
Moved together

"Creating Value Through Big Data, IoT and AI" moved the same way as this thread, in the same document, in 5 of its 10 moves.

555553★123456
  1. ★This thread
  2. 1Creating Value Through Big Data, IoT and AI5×
  3. 2Research and Development of Data Science and ICT Platforms5×
  4. 3Rebuilding the Profit Structure5×
  5. 4Assessing Underlying Business Performance Using Adjusted Performance Metrics5×
  6. 5Incubation in AI-enabled healthcare and drug discovery5×
  7. 6Moving Beyond an In-House-Only Approach and Developing Co-Creative Solutions3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nec's next results are scheduled for 2026-10-28. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Radio Unit Miniaturization Technology for the Practical Implementation of 5G | NEC Corporation (6701) | Komori