# NEC vs Fujitsu

> Unit: JPY millions (ratios in %)
> Periods: NEC = FY ending Mar 2026, consolidated, IFRS / Fujitsu = FY ending Mar 2026, consolidated, IFRS
> Retrieved: 2026-09-30T19:09:01.714Z

| Metric | NEC | Fujitsu |
| --- | ---: | ---: |
| Revenue | 3,582,733 | 3,502,971 |
| Operating income | 359,913 | 348,329 |
| Net income | 270,228 | 449,408 |
| COGS ratio | 67.0% | 64.4% |
| Operating margin | 10.0% | 9.9% |
| Net margin | 7.5% | 12.8% |
| FCF margin | 9.7% | 6.5% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YBFV | S100YM3K |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | NEC | Fujitsu |
| --- | ---: | ---: |
| Revenue growth | 18.2 (157 peers) | 6.7 (157 peers) |
| Profitability | 58.4 (196 peers) | 56.9 (196 peers) |
| Cash conversion | 80.3 (185 peers) | 66.8 (185 peers) |
| Efficiency | 15.6 (196 peers) | 29.3 (196 peers) |
| Financial strength | — | — |

## Company details

- https://vizora.meequs.com/en/company/nec/md
- https://vizora.meequs.com/en/company/fujitsu/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).