Duyuru • Mar 20
NEC Networks & System Integration Corporation(TSE:1973) dropped from FTSE All-World Index (USD) NEC Networks & System Integration Corporation(TSE:1973) dropped from FTSE All-World Index (USD) Duyuru • Mar 06
NEC Networks & System Integration to Delist from Prime Section of the Tokyo Stock Exchange, Effective March 21, 2025 NEC Networks & System Integration Corporation will be delisted from Prime Section of the Tokyo Stock Exchange effective from March 21, 2025, due to Reverse stock split. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: JP¥38.84 (vs JP¥27.51 in 3Q 2024) Third quarter 2025 results: EPS: JP¥38.84 (up from JP¥27.51 in 3Q 2024). Revenue: JP¥93.7b (flat on 3Q 2024). Net income: JP¥5.79b (up 41% from 3Q 2024). Profit margin: 6.2% (up from 4.3% in 3Q 2024). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Dec 21
NEC Networks & System Integration Corporation to Report Q3, 2025 Results on Jan 30, 2025 NEC Networks & System Integration Corporation announced that they will report Q3, 2025 results on Jan 30, 2025 Reported Earnings • Oct 31
Second quarter 2025 earnings released: EPS: JP¥15.64 (vs JP¥22.95 in 2Q 2024) Second quarter 2025 results: EPS: JP¥15.64 (down from JP¥22.95 in 2Q 2024). Revenue: JP¥92.9b (up 11% from 2Q 2024). Net income: JP¥2.33b (down 32% from 2Q 2024). Profit margin: 2.5% (down from 4.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥3,250, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 19x in the IT industry in Japan. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,335 per share. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥28.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%). Duyuru • Aug 30
NEC Networks & System Integration Corporation to Report Q2, 2025 Results on Oct 29, 2024 NEC Networks & System Integration Corporation announced that they will report Q2, 2025 results on Oct 29, 2024 Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: JP¥10.19 (vs JP¥1.22 in 1Q 2024) First quarter 2025 results: EPS: JP¥10.19 (up from JP¥1.22 in 1Q 2024). Revenue: JP¥79.1b (up 10% from 1Q 2024). Net income: JP¥1.52b (up JP¥1.34b from 1Q 2024). Profit margin: 1.9% (up from 0.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Declared Dividend • Jul 11
Final dividend of JP¥28.00 announced Shareholders will receive a dividend of JP¥28.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Board Change • Jun 29
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Michiko Ashizawa is the most experienced director on the board, commencing their role in 2018. Independent Outside Director Mikiko Morimoto was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Jun 28
Full year 2024 earnings: EPS in line with analyst expectations despite revenue beat Full year 2024 results: EPS: JP¥103 (up from JP¥92.74 in FY 2023). Revenue: JP¥359.5b (up 12% from FY 2023). Net income: JP¥15.3b (up 11% from FY 2023). Profit margin: 4.3% (in line with FY 2023). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Duyuru • Jun 06
NEC Networks & System Integration Corporation to Report Q1, 2025 Results on Jul 30, 2024 NEC Networks & System Integration Corporation announced that they will report Q1, 2025 results on Jul 30, 2024 Reported Earnings • May 01
Full year 2024 earnings: EPS in line with analyst expectations despite revenue beat Full year 2024 results: EPS: JP¥103 (up from JP¥92.74 in FY 2023). Revenue: JP¥359.5b (up 12% from FY 2023). Net income: JP¥15.3b (up 11% from FY 2023). Profit margin: 4.3% (in line with FY 2023). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Duyuru • Apr 29
NEC Networks & System Integration Corporation, Annual General Meeting, Jun 24, 2024 NEC Networks & System Integration Corporation, Annual General Meeting, Jun 24, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥24.50 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 46% but the company is paying out more than the cash it is generating. Trailing yield: 1.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (1.4%). Duyuru • Mar 02
NEC Networks & System Integration Corporation to Report Q4, 2024 Results on Apr 26, 2024 NEC Networks & System Integration Corporation announced that they will report Q4, 2024 results on Apr 26, 2024 Reported Earnings • Feb 02
Third quarter 2024 earnings released: EPS: JP¥27.51 (vs JP¥22.91 in 3Q 2023) Third quarter 2024 results: EPS: JP¥27.51 (up from JP¥22.91 in 3Q 2023). Revenue: JP¥94.2b (up 19% from 3Q 2023). Net income: JP¥4.10b (up 20% from 3Q 2023). Profit margin: 4.3% (in line with 3Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Price Target Changed • Jan 26
Price target increased by 14% to JP¥2,475 Up from JP¥2,175, the current price target is an average from 2 analysts. New target price is 9.9% above last closing price of JP¥2,252. Stock is up 27% over the past year. The company is forecast to post earnings per share of JP¥108 for next year compared to JP¥92.74 last year. Duyuru • Nov 29
NEC Networks & System Integration Corporation to Report Q3, 2024 Results on Jan 30, 2024 NEC Networks & System Integration Corporation announced that they will report Q3, 2024 results on Jan 30, 2024 Price Target Changed • Nov 17
Price target increased by 14% to JP¥2,475 Up from JP¥2,175, the current price target is an average from 2 analysts. New target price is 12% above last closing price of JP¥2,201. Stock is up 30% over the past year. The company is forecast to post earnings per share of JP¥108 for next year compared to JP¥92.74 last year. Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: JP¥22.95 (vs JP¥14.79 in 2Q 2023) Second quarter 2024 results: EPS: JP¥22.95 (up from JP¥14.79 in 2Q 2023). Revenue: JP¥83.5b (up 11% from 2Q 2023). Net income: JP¥3.42b (up 55% from 2Q 2023). Profit margin: 4.1% (up from 2.9% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥24.50 per share at 2.5% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 04 December 2023. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.5%). Buying Opportunity • Sep 09
Now 20% undervalued Over the last 90 days, the stock is up 3.1%. The fair value is estimated to be JP¥2,537, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.6%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Duyuru • Aug 30
NEC Networks & System Integration Corporation to Report Q2, 2024 Results on Oct 30, 2023 NEC Networks & System Integration Corporation announced that they will report Q2, 2024 results on Oct 30, 2023 Reported Earnings • Jul 29
First quarter 2024 earnings released: EPS: JP¥1.22 (vs JP¥3.33 in 1Q 2023) First quarter 2024 results: EPS: JP¥1.22 (down from JP¥3.33 in 1Q 2023). Revenue: JP¥71.7b (up 6.0% from 1Q 2023). Net income: JP¥182.0m (down 63% from 1Q 2023). Profit margin: 0.3% (down from 0.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Duyuru • Jun 02
NEC Networks & System Integration Corporation, Annual General Meeting, Jun 23, 2023 NEC Networks & System Integration Corporation, Annual General Meeting, Jun 23, 2023, at 10:00 Tokyo Standard Time. Location: 8F Hall, NEC Networks & System Integration Corporation Head Office Building 3-9-14, Shibaura, Minato-ku Tokyo Japan Agenda: To consider the Business Report and Consolidated Financial Statements for the 91st Term (from April 1, 2022 to March 31, 2023), as well as the results of audit of the Consolidated Financial Statements by the Accounting Auditor and the Board of Corporate Auditors; to consider the Non-consolidated Financial Statements for the 91st Term (from April 1, 2022 to March 31, 2023); to consider election of nine (9) Directors; to consider election of two (2) Corporate Auditors; and to transact such other business matter. Duyuru • Jun 01
NEC Networks & System Integration Corporation to Report Q1, 2024 Results on Jul 28, 2023 NEC Networks & System Integration Corporation announced that they will report Q1, 2024 results on Jul 28, 2023 Reported Earnings • Apr 29
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥92.74 (down from JP¥101 in FY 2022). Revenue: JP¥320.8b (up 3.4% from FY 2022). Net income: JP¥13.8b (down 8.0% from FY 2022). Profit margin: 4.3% (down from 4.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.1%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥23.00 per share at 2.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 June 2023. Payout ratio is a comfortable 52% and the cash payout ratio is 92%. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.7%). Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: JP¥22.91 (vs JP¥20.02 in 3Q 2022) Third quarter 2023 results: EPS: JP¥22.91 (up from JP¥20.02 in 3Q 2022). Revenue: JP¥79.2b (up 1.7% from 3Q 2022). Net income: JP¥3.41b (up 14% from 3Q 2022). Profit margin: 4.3% (up from 3.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Nov 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.6%. The fair value is estimated to be JP¥2,075, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings is also forecast to grow by 16% per annum over the same time period. Duyuru • Nov 27
NEC Networks & System Integration Corporation to Report Q3, 2023 Results on Jan 30, 2023 NEC Networks & System Integration Corporation announced that they will report Q3, 2023 results on Jan 30, 2023 Major Estimate Revision • Nov 16
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥329.1b to JP¥325.1b. EPS estimate also fell from JP¥106 per share to JP¥90.95 per share. Net income forecast to grow 21% next year vs 12% growth forecast for IT industry in Japan. Consensus price target of JP¥2,200 unchanged from last update. Share price was steady at JP¥1,688 over the past week. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Mamoru Yoshida was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Nov 10
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from JP¥329.1b to JP¥325.1b. EPS estimate also fell from JP¥106 per share to JP¥90.95 per share. Net income forecast to grow 21% next year vs 14% growth forecast for IT industry in Japan. Consensus price target of JP¥2,333 unchanged from last update. Share price rose 8.3% to JP¥1,663 over the past week. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: JP¥14.79 (vs JP¥20.48 in 2Q 2022) Second quarter 2023 results: EPS: JP¥14.79 (down from JP¥20.48 in 2Q 2022). Revenue: JP¥75.1b (up 2.4% from 2Q 2022). Net income: JP¥2.20b (down 28% from 2Q 2022). Profit margin: 2.9% (down from 4.2% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 02 December 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.7%). Duyuru • Aug 31
NEC Networks & System Integration Corporation to Report Q2, 2023 Results on Oct 28, 2022 NEC Networks & System Integration Corporation announced that they will report Q2, 2023 results on Oct 28, 2022 Reported Earnings • Jul 30
First quarter 2023 earnings released: EPS: JP¥3.33 (vs JP¥11.10 in 1Q 2022) First quarter 2023 results: EPS: JP¥3.33 (down from JP¥11.10 in 1Q 2022). Revenue: JP¥67.6b (flat on 1Q 2022). Net income: JP¥496.0m (down 70% from 1Q 2022). Profit margin: 0.7% (down from 2.4% in 1Q 2022). Over the next year, revenue is forecast to grow 9.1%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jun 08
NEC Networks & System Integration Corporation to Report Q1, 2023 Results on Jul 28, 2022 NEC Networks & System Integration Corporation announced that they will report Q1, 2023 results on Jul 28, 2022 Duyuru • May 02
NEC Networks & System Integration Corporation, Annual General Meeting, Jun 24, 2022 NEC Networks & System Integration Corporation, Annual General Meeting, Jun 24, 2022. Reported Earnings • Apr 30
Full year 2022 earnings: EPS in line with expectations, revenues disappoint Full year 2022 results: EPS: JP¥101 (down from JP¥106 in FY 2021). Revenue: JP¥310.3b (down 8.5% from FY 2021). Net income: JP¥15.0b (down 4.6% from FY 2021). Profit margin: 4.8% (up from 4.6% in FY 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 8.8%, compared to a 7.4% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 28% per year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Mamoru Yoshida was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Apr 07
NEC Networks & System Integration Corporation to Report Fiscal Year 2022 Results on Apr 28, 2022 NEC Networks & System Integration Corporation announced that they will report fiscal year 2022 results on Apr 28, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 03 June 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: JP¥20.02 (down from JP¥29.48 in 3Q 2021). Revenue: JP¥77.9b (down 5.3% from 3Q 2021). Net income: JP¥2.98b (down 32% from 3Q 2021). Profit margin: 3.8% (down from 5.3% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 2.6%, compared to a 7.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 28% per year. Price Target Changed • Dec 22
Price target increased to JP¥2,567 Up from JP¥2,197, the current price target is an average from 5 analysts. New target price is 46% above last closing price of JP¥1,755. Stock is down 3.4% over the past year. The company is forecast to post earnings per share of JP¥113 for next year compared to JP¥106 last year. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 02 December 2021. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.2%). Price Target Changed • Sep 07
Price target increased to JP¥2,397 Up from JP¥2,197, the current price target is an average from 5 analysts. New target price is 10% above last closing price of JP¥2,170. Stock is up 16% over the past year. Reported Earnings • Jun 30
Full year 2021 earnings released: EPS JP¥106 (vs JP¥63.27 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥339.1b (up 12% from FY 2020). Net income: JP¥15.7b (up 67% from FY 2020). Profit margin: 4.6% (up from 3.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 29
Full year 2021 earnings released: EPS JP¥106 (vs JP¥63.27 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥339.1b (up 12% from FY 2020). Net income: JP¥15.7b (up 67% from FY 2020). Profit margin: 4.6% (up from 3.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 03 June 2021. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (2.7%). Higher than average of industry peers (1.3%). Duyuru • Mar 06
NEC Networks & System Integration Corporation to Report Fiscal Year 2021 Results on Apr 27, 2021 NEC Networks & System Integration Corporation announced that they will report fiscal year 2021 results on Apr 27, 2021 Price Target Changed • Feb 09
Price target raised to JP¥2,163 Up from JP¥2,017, the current price target is an average from 4 analysts. The new target price is 8.6% above the current share price of JP¥1,992. As of last close, the stock is up 42% over the past year. Reported Earnings • Feb 03
Third quarter 2021 earnings released: EPS JP¥29.48 (vs JP¥9.36 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥82.3b (up 5.8% from 3Q 2020). Net income: JP¥4.39b (up 215% from 3Q 2020). Profit margin: 5.3% (up from 1.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Feb 03
Earnings beat expectations, revenue disappoints Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 8.8%. Over the next year, revenue is forecast to grow 2.4%, compared to a 8.4% growth forecast for the IT industry in Japan. Is New 90 Day High Low • Feb 02
New 90-day high: JP¥2,010 The company is up 6.0% from its price of JP¥1,903 on 04 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,983 per share. Duyuru • Dec 03
NEC Networks & System Integration Corporation to Report Q3, 2021 Results on Jan 29, 2021 NEC Networks & System Integration Corporation announced that they will report Q3, 2021 results on Jan 29, 2021 Is New 90 Day High Low • Dec 03
New 90-day low: JP¥1,760 The company is down 9.0% from its price of JP¥1,927 on 04 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥1,654 per share. Duyuru • Sep 03
NEC Networks & System Integration Corporation to Report Q2, 2021 Results on Oct 29, 2020 NEC Networks & System Integration Corporation announced that they will report Q2, 2021 results on Oct 29, 2020 
