Q2 2022 NEC Networks & System Integration Corp Earnings Presentation Transcript

Oct 29, 2021 / NTS GMT
Presentation
Oct 29, 2021 / NTS GMT

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Corporate Participants
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* Yushi Ushijima
NEC Networks & System Integration Corporation - President & Director

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Yushi Ushijima - NEC Networks & System Integration Corporation - President & Director

Let me take you through the financial results for the first half for the year ending March 2022. This is the agenda for today. I will start with the earnings summary for the first half.

This is the summary. For the first half of the year, top line decreased due to reactionary fall of big projects from the previous year. Profits, however, achieved a record high for the first half as we did last year. Orders increased steadily in strategic areas such as DX, work-style innovation and Telecom Carrier business. However, GIGA school projects that concentrated in the first half last year saw a reactionary fall. Orders were JPY 165.9 billion, down 7% year-over-year. Same applies for sales good results in the strategic areas, but in addition to the

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