NEC Networks & System Integration Corporation Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018
October 31, 2017
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NEC Networks & System Integration Corporation reported consolidated earnings results for the six months ended September 30, 2017. For the six months, the company reported net sales of JPY 119,937 million compared to JPY 118,833 million a year ago. Operating income was JPY 2,514 million compared to JPY 1,725 million a year ago. Ordinary income was JPY 2,640 million compared to JPY 1,852 million a year ago. Net income attributable to owners of parent was JPY 1,613 million compared to JPY 1,011 million a year ago. Net income per share was JPY 32.51 compared to JPY 20.39 a year ago. Income before income taxes was JPY 2,640 million compared to JPY 1,773 million a year ago. Net cash provided by operating activities was JPY 13,311 million compared to JPY 19,074 million a year ago. Purchase of property and equipment was JPY 779 million compared to JPY 991 million a year ago. Purchase of intangibles was JPY 860 million compared to JPY 172 million a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2018. For the period, the company expects net sales of JPY 270,000 million, operating income of JPY 10,500 million, ordinary income of JPY 10,500 million, and net income attributable to owners of parent of JPY 6,700 million or JPY 134.98 per share.
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 Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2018
NEC NETWORKS & SYSTEM INTEGRATION CORPORATION 
