NEC Networks & System Integration Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Full Year Ending March 31, 2019
January 29, 2019
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NEC Networks & System Integration Corporation announced consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 190,986 million compared to JPY 184,926 million a year ago. Operating income was JPY 6,283 million compared to JPY 4,443 million a year ago. Net income was JPY 4,469 million compared to JPY 3,130 million a year ago. Net income per share was JPY 86.56 compared to JPY 60.46 a year ago.
The company provided earnings guidance for the full year ending March 31, 2019. For the full year, the company expected net sales to be of JPY 280,000 million, operating income of JPY 120,000 million, net income attributable to owners of the parent of JPY 7,500 million and net income per share of JPY 151.10.
NEC Networks & System Integration Corporation is a Japan-based company mainly engaged in the provision of information and communication technology (ICT) systems mainly in the communication field. The Company is also involved in the manufacture and sale of network communication equipment. The Company operates through three business segments. Company Network segment is engaged in the provision of ICT solutions related service integration to companies. Career Network segment is engaged in the provision of system integration (SI) service and installation service from ICT infrastructure to telecommunications carriers, as well as the provision of SI service and related operation and monitoring services. Society Infrastructure segment is engaged in the provision of service integration including SI services and installation work related to ICT infrastructure for government offices, local governments and public interest corporations, as well as related services such as operation and monitoring.
NEC Networks & System Integration Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Guidance for the Full Year Ending March 31, 2019