NEC stock gained 1.93 percent as quarterly profit surged

Published on 10/04/2026 at 18:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

NEC stock reached JPY 4,913 on October 2 after Q1 revenue climbed 14.5 percent year over year. Analysts set a JPY 6,273.1 average target.

NEC, JP3733000008, Illustration mit AI erstellt.

NEC Corporation (ISIN JP3733000008) was last at JPY 4,913 on the Tokyo Stock Exchange on October 2, 2026 at 3:30 p.m. JST, up 1.93 percent from the previous session. The latest quarterly figures show why operating leverage has become central to the stock story.

Profit growth outpaces revenue

In Q1 of fiscal year 2027, revenue rose 14.5 percent year over year to JPY 819.8 billion, according to MarketScreener. The same period produced operating profit of JPY 58.8 billion, compared with JPY 35.4 billion in Q1 of fiscal year 2026, a 66.1 percent increase.

Net income reached JPY 49.7 billion in Q1 FY2027, up from JPY 19.3 billion a year earlier, while diluted earnings per share stood at JPY 37.47. The numbers point to a stronger profit conversion than the top-line expansion, although quarterly performance remains exposed to the timing of large projects and public-sector contracts.

Analysts see further upside

According to Investing.com, the consensus is Strong Buy, based on 13 analysts. Twelve analysts rate NEC Buy and one rates it Hold, with an average 12-month target of JPY 6,273.1, a high of JPY 8,000 and a low of JPY 5,150.

The average target lies 27.7 percent above the October 2 price. Separately, Mizuho Securities maintained a Buy rating and set a JPY 6,400 target, as Markets Insider reported on September 29, 2026.

Q2 results arrive October 28

NEC will announce consolidated Q2 FY2027 results on October 28, 2026, according to the company's investor-relations calendar at NEC. That date is the next formal test of whether the first-quarter profit improvement can continue through the fiscal year.

NEC stock stays below yearly high

NEC stock traded 20.7 percent below its 52-week high of JPY 6,194 and 36.2 percent above its 52-week low of JPY 3,606 on October 2, 2026. The company had a market capitalization of JPY 6.5 trillion and volume of 5,216,300 shares on the same date.