NEC : Presentation（2,815KB）

Public Infrastructure Business

September 15, 2021

Noritaka Taguma, Executive Vice President

© NEC Corporation 2021

(details to be explained later)

FY2018 - FY2021 Results

~FY2020 : Exceeded the figures in the FY2020 mid-term management plan for both revenue and adjusted operating profit

FY2021 : Revenue and profit are expected to decrease, due to the incorporation of supplemental budget in FY2020

Adjusted 8% operating margin

Revenue 658.8

(Billions of Yen)

Consolidated

Subsidiaries

233.5

Public

Infrastructure

BU

425.3

9% 9% 9%

678.8 692.9 660.0

Consolidated

Consolidated

Subsidiaries Consolidated

Subsidiaries

208.3 Subsidiaries

215.5

220.0

PublicPublicPublic

Infrastructure Infrastructure Infrastructure

BU

BU

BU

463.3 484.6 440.0

* Figures shown in the

following pages exclude

consolidated subsidiaries

3 © NEC Corporation 2021

FY2018

FY2019

FY2020

FY2021

(Plan)

FY2020 Results

Adjusted operating profit exceeded the original plan by 4.5 billion JPY (up 2.8 billion JPY

from the previous year), due to revenue increase from the supplemental budget, etc.

						Space & Defence +0.6	(Billions of Yen)
			Space & Defence	▲8.5		Gov. & Public	+2.2
				Media	+0.7
			Media	▲1.5
				Others	+1.0
			Others	▲1.0
						Enhanced		Revenue
							Increase,
					Improvement in	IT Security,
						Other
					Profitability	Other
			Revenue			+4.5
				+3.5	▲1.7
			Increase /			FY2020
			Decrease
		FY2019					Adjusted
		(Product mix)			FY2020
		Adjusted	Inventory Write-down		Operating
		▲11.0
		in the Previous Year		Adjusted
		Operating		Profit
			+7.5	Improvement in	Operating
		Profit
				Unprofitable	Profit		50.5
		47.7			Projects +2.0	(Planned)
						46.0
Revenue	463.3						484.6
	(YoY)							(+5%)
4	© NEC Corporation 2021

FY2020 Results -Sector Summary-

• Revenue drastically increased due to the supplemental budget including

Gov.		GIGA School etc., in addition to strong demand for IT system
& Public
	Maintained high profitability
	 Revenue increased in the space domain, due to obtaining large projects
Space		Unprofitable projects reduced, which led to profitability be improved
& Defence		Revenue and profit declined in the defence domain, between the next
		large projects

• Revenue declined due to the completion in large projects regarding facility renovation for broadcasting stations

Media

 Profitability improved due to continued improvements in quality control, etc.

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