# NTT vs Hitachi vs NEC vs Fujitsu

> Unit: JPY millions (ratios in %)
> Periods: NTT = FY ending Mar 2026, consolidated, IFRS / Hitachi = FY ending Mar 2026, consolidated, IFRS / NEC = FY ending Mar 2026, consolidated, IFRS / Fujitsu = FY ending Mar 2026, consolidated, IFRS
> Retrieved: 2026-09-30T21:55:05.339Z

| Metric | NTT | Hitachi | NEC | Fujitsu |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 14,409,121 | 10,586,781 | 3,582,733 | 3,502,971 |
| Operating income | 1,706,221 | — | 359,913 | 348,329 |
| Net income | 1,037,032 | 802,368 | 270,228 | 449,408 |
| COGS ratio | — | 70.0% | 67.0% | 64.4% |
| Operating margin | 11.8% | — | 10.0% | 9.9% |
| Net margin | 7.2% | 7.6% | 7.5% | 12.8% |
| FCF margin | — | 11.1% | 9.7% | 6.5% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YCP3 | S100YGBO | 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 | NTT | Hitachi | NEC | Fujitsu |
| --- | ---: | ---: | ---: | ---: |
| Revenue growth | 31.3 (8 peers) | 31.3 (24 peers) | 18.2 (157 peers) | 6.7 (157 peers) |
| Profitability | 50 (11 peers) | — | 58.4 (196 peers) | 56.9 (196 peers) |
| Cash conversion | 25 (10 peers) | — | 80.3 (185 peers) | 66.8 (185 peers) |
| Efficiency | 13.6 (11 peers) | 26 (25 peers) | 15.6 (196 peers) | 29.3 (196 peers) |
| Financial strength | — | — | — | — |

## Company details

- https://vizora.meequs.com/en/company/ntt/md
- https://vizora.meequs.com/en/company/hitachi/md
- 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).