Returning to a Growth Trajectory and Concentrating Resources on Priority Businesses
First written in FY2016. 23 of 27 entries say "Advanced", first in FY2017. Latest entry: FY2026.
75 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In “Social Infrastructure,” against a backdrop of the growing importance of economic security, we integrated the submarine cable systems business into the Aerospace and National Security field and established an operating structure to protect Japan’s digital infrastructure.」
The focus areas for returning to a growth trajectory were expanded beyond the traditional areas such as Digital Government to the economic security field, including aerospace, defense and submarine cables, and the businesses were integrated. - FY2026-H1AdvancedAnnual report
「Revenue from the Social Infrastructure business increased by ¥52.8 billion, or 15.1%, year on year to ¥403.0 billion, mainly due to higher revenue in the Aerospace and National Security field.」
The increase in revenue from the Aerospace and National Security field, previously identified as a growth area, was reflected in results, with revenue from the Social Infrastructure business increasing 15.1% year on year. - FY2025AdvancedAnnual report
「In “IT Services,” in May 2024 we announced BluStellar, a value-creation model that guides customers toward the future. …In “Social Infrastructure,” in the Aerospace and National Security field, …Orders in the consolidated fiscal year remained at a record-high level, as in the previous consolidated fiscal year.」
The focus areas for returning to a growth trajectory were defined more specifically as BluStellar and Aerospace and National Security, with orders in the latter reaching a record-high level. - FY2023AdvancedAnnual report
「In the “Global business focus, including Japan,” we steadily expanded orders and revenue, mainly from customers in Europe and Asia, in the Digital Government and Digital Finance fields, despite customers curbing IT investment amid concerns about a global economic slowdown stemming from the situation in Ukraine and other factors. In the global 5G field, although domestic telecommunications carriers have been tending to restrain capital investment, revenue continued to grow steadily in the current fiscal year, centered on base stations. Overseas, we also began shipping base stations for commercial projects, expanding revenue.」
The focus areas were expanded to Digital Government, Digital Finance and global 5G, with increased orders in Europe and Asia and the start of commercial shipments of 5G base stations overseas disclosed. Profitability remains an issue due to market development expenses. - FY2023-Q3AdvancedAnnual report
「Revenue from the Global business increased by ¥68.3 billion, or 19.3%, year on year to ¥422.8 billion, reflecting growth in sales to service providers, Digital Government, Digital Finance and marine systems. Adjusted operating profit improved by ¥3.4 billion year on year to a profit of ¥21.5 billion, mainly due to higher revenue.」
Revenue from the Global business increased 19.3% year on year, driven by growth in Digital Government, Digital Finance and sales to service providers. Adjusted operating profit also improved by ¥3.4 billion to a profit of ¥21.5 billion. - FY2023-Q2AdvancedAnnual report
「Revenue from the Global business increased by ¥33.0 billion, or 14.0%, year on year to ¥268.2 billion, reflecting growth in Digital Government, Digital Finance and sales to service providers.」
Revenue from the Global business increased 14.0% year on year, driven by growth in Digital Government, Digital Finance and sales to service providers. - FY2023-Q1AdvancedAnnual report
「Revenue from the Global business increased by ¥11.1 billion, or 9.8%, to ¥124.9 billion, reflecting growth in Digital Government and Digital Finance as well as increased sales to service providers. Adjusted operating profit deteriorated by ¥1.5 billion year on year to a profit of ¥3.4 billion, due to higher temporary expenses in Digital Government and Digital Finance, as well as a deterioration in the cost ratio resulting from higher component costs in wireless backhaul.」
Revenue from the Global business increased 9.8% year on year, driven by growth in the focus areas of Digital Government and Digital Finance. Adjusted operating profit deteriorated due to higher expenses and component costs. - FY2022AdvancedAnnual report
「Under “Business Focus Globally, Including Japan,” we have designated the Digital Government and Digital Finance businesses and the Global 5G business as priority areas and aim to grow these businesses.」
The priority areas were clarified as Digital Government, Digital Finance, and Global 5G, replacing the previous focus areas such as Safety. - FY2022-Q3AdvancedAnnual report
「Revenue from the Global business increased by ¥29.3 billion, or 9.0%, year on year to ¥354.5 billion, due mainly to higher Digital Government, Digital Finance, and service provider revenue. Adjusted operating profit and loss improved by ¥10.0 billion year on year to a profit of ¥18.1 billion, due to improved profitability in Digital Government, Digital Finance, and Wireless, as well as the deconsolidation of the subsidiary operating the Displays business.」
Revenue from the Global business increased by 9.0% year on year due to growth in Digital Government, Digital Finance and other businesses, while adjusted operating profit and loss improved by ¥10.0 billion to a profit of ¥18.1 billion. - FY2022-Q2AdvancedAnnual report
「Revenue from the Global business increased by ¥15.9 billion, or 7.3%, year on year to ¥235.2 billion, due mainly to higher Digital Government, Digital Finance, and service provider revenue. Adjusted operating profit and loss improved by ¥15.8 billion year on year to a profit of ¥12.4 billion, due to improved profitability in Digital Government, Digital Finance, the service provider business, and Wireless, as well as the deconsolidation of the subsidiary operating the Displays business.」
Revenue from the Global business increased by 7.3% year on year due to growth in Digital Government and Digital Finance, among other businesses. Adjusted operating profit and loss also improved by ¥15.8 billion to a profit of ¥12.4 billion. - FY2022-Q1AdvancedAnnual report
「Revenue from the Global business increased by ¥16.8 billion, or 17.3%, to ¥113.8 billion, due to higher Digital Government and Digital Finance revenue, as well as growth in the service provider and Marine Systems businesses. Adjusted operating profit and loss improved by ¥8.0 billion year on year to a profit of ¥4.9 billion, due to improved profitability in Digital Government, Digital Finance, and the service provider business, as well as the deconsolidation of the subsidiary operating the Displays business.」
Driven by growth in Digital Government and Digital Finance, which had been positioned as growth areas, revenue from the Global business increased by 17.3%, and adjusted operating profit and loss improved to a profit of ¥4.9 billion. - FY2021-Q3Profit Improvement Despite Lower RevenueAnnual report
「Revenue from the Global business decreased by ¥41.1 billion, or 11.2%, year on year to ¥325.2 billion, due mainly to declines in Displays, the deconsolidation of the subsidiary operating the Displays business, and Wireless Backhaul, as well as the winding down of certain businesses at KMD that had been anticipated at the time of acquisition, despite higher Marine Systems revenue. Adjusted operating profit and loss improved by ¥6.5 billion year on year to a profit of ¥8.1 billion, due to improved profitability in the service provider business, higher Marine Systems revenue, and the recognition of a gain on the sale of shares in a subsidiary, among other factors.」
Revenue from the Global business decreased by 11.2% year on year, while adjusted operating profit and loss improved by ¥6.5 billion to a profit of ¥8.1 billion. - FY2021-Q1WorsenedAnnual report
「Revenue from the Global business decreased by ¥17.2 billion, or 15.1%, year on year to ¥97.0 billion. This was due to declines in Displays and Wireless Backhaul, among other businesses, and the winding down of certain businesses at KMD that had been anticipated at the time of acquisition, despite higher Marine Systems revenue. Adjusted operating profit and loss deteriorated by ¥2.5 billion year on year to a loss of ¥3.0 billion, due mainly to lower revenue.」
Revenue from the Global business decreased by 15.1% year on year, and adjusted operating profit and loss was a loss of ¥3.0 billion. - FY2020-Q3AdvancedAnnual report
「Revenue from the Global business increased by ¥69.4 billion, or 23.3%, year on year to ¥366.6 billion, due mainly to higher Safer Cities and Marine Systems revenue. Adjusted operating profit and loss improved by ¥7.3 billion year on year to a profit of ¥1.2 billion, due mainly to improved profitability in Safer Cities, the service provider business, Wireless Backhaul, and Marine Systems.」
Revenue from the Global business, including Safer Cities, increased by 23.3% year on year, and adjusted operating profit and loss turned to a profit of ¥1.2 billion. - FY2020-Q2AdvancedAnnual report
「Revenue from the Global business increased by ¥46.1 billion, or 23.3%, year on year to ¥243.6 billion, due mainly to higher Safer Cities and Marine Systems revenue. Adjusted operating profit and loss improved by ¥3.6 billion year on year to a profit of ¥0.9 billion, due mainly to improved profitability in Safer Cities, the service provider business, Wireless Backhaul, and Marine Systems.」
Revenue from the Global business, including Safer Cities, increased by 23.3% year on year, and adjusted operating profit and loss turned to a profit of ¥0.9 billion. - FY2020-Q1AdvancedAnnual report
「Revenue from the Global business increased by ¥24.4 billion, or 27.2%, year on year to ¥114.2 billion, due mainly to higher Safer Cities revenue. Adjusted operating profit and loss improved by ¥6.0 billion year on year to a loss of ¥0.7 billion, due mainly to improved profitability in Safer Cities, the service provider business, Wireless Backhaul, and Marine Systems.」
Revenue from the Global business increased by 27.2% year on year due mainly to higher Safer Cities revenue, and the adjusted operating loss also improved by ¥6.0 billion. - FY2019AdvancedAnnual report
「We decided to supply our facial recognition system as an identity verification system for event personnel entering venues, to support the safe, secure and smooth operation of the Tokyo 2020 Olympic and Paralympic Games.」
In growth areas for NEC Safer Cities, concrete facial recognition deployments continued to accumulate, including Tokyo 2020, the Rugby World Cup, and Narita Airport OneID. - FY2019-Q3AdvancedAnnual report
「Revenue from the Global business increased by ¥1.3 billion, or 0.4%, year on year to ¥320.4 billion, due mainly to higher Safety revenue despite declines in Displays and Marine Systems. Operating profit and loss improved by ¥6.7 billion year on year to a loss of ¥9.8 billion, due mainly to improved profitability in Mobile Backhaul and Safety despite the recognition of business structure improvement costs.」
Revenue and operating profit and loss in the Global business improved due to higher Safety revenue and improved profitability. However, an operating loss of ¥9.8 billion remained. - FY2019-Q2AdvancedAnnual report
「Revenue from the Global business increased by ¥1.3 billion, or 0.6%, year on year to ¥213.3 billion, due mainly to higher Safety revenue despite declines in Marine Systems and Displays.」
Revenue from the Global business increased by 0.6% year on year, due mainly to higher revenue in Safety, one of the priority areas. - FY2019-Q1AdvancedAnnual report
「Revenue from the Global business increased by ¥0.8 billion, or 0.8%, year on year to ¥97.1 billion, due mainly to higher Safety revenue despite a decline in Marine Systems revenue.」
In the Global business, revenue increased by ¥0.8 billion, or 0.8%, year on year due to higher Safety revenue, despite a decline in Marine Systems. - FY2018AdvancedAnnual report
「We aim to achieve growth through NEC Safer Cities, which leverages the NEC Group’s biometric and AI (artificial intelligence) technologies.」
To return to a growth trajectory, the company positioned NEC Safer Cities, which uses biometrics and AI, as a driver of growth and stated its policy of aiming to become a category leader in Japan and overseas. - FY2018-Q3AdvancedAnnual report
「To accelerate the expansion of the Safety business overseas, we entered into an agreement dated 9 January 2018 to acquire Northgate Public Services, a UK IT services company, from the investment fund Cinven, and planned to make it a consolidated subsidiary from the fourth quarter of the fiscal year. In connection with the acquisition, we planned to invest £475 million, approximately ¥71.3 billion.」
As a concrete measure to expand the overseas Safety business, an agreement was signed to acquire a UK company. Under the agreement dated 9 January 2018, the company was scheduled to become a consolidated subsidiary from the fourth quarter of the fiscal year, with an investment of £475 million planned. - FY2018-Q2AdvancedAnnual report
「Other revenue increased by ¥2.7 billion, or 3.1%, year on year to ¥88.7 billion, due mainly to higher overseas Safety business revenue.」
Other revenue increased by ¥2.7 billion, or 3.1%, year on year due to growth in the overseas Safety business. - FY2017AdvancedAnnual report
「Next, under “Returning to a Growth Trajectory,” we worked to expand ① the Safety business (surveillance and cybersecurity), ② the network business for global carriers (TOMS (telecommunications operations management solutions) and SDN/NFV (Software-Defined Networking / Network Functions Virtualization)), and ③ the retail IT services business in order to promote the globalization of the Social Solutions business.」
The 3 priority businesses were maintained, with concrete results added to the global expansion, including overseas deployment of facial recognition, 10 commercial SDN/NFV projects, and POS orders for approximately 8,600 stores in the United States and Canada. - FY2016First statedAnnual report
「We define the Safety business (surveillance and cybersecurity), the network business for global carriers (TOMS (telecommunications operations management solutions) and SDN/NFV), and the retail IT services business as priority businesses, and aim to expand these businesses by concentrating resources in areas expected to achieve market growth.」
The growth areas have been narrowed to Safety, networks for global carriers, and retail IT.