# NEC vs NTT

> Unit: JPY millions (ratios in %)
> Periods: NEC = FY ending Mar 2026, consolidated, IFRS / NTT = FY ending Mar 2026, consolidated, IFRS
> Retrieved: 2026-09-30T18:22:55.190Z

| Metric | NEC | NTT |
| --- | ---: | ---: |
| Revenue | 3,582,733 | 14,409,121 |
| Operating income | 359,913 | 1,706,221 |
| Net income | 270,228 | 1,037,032 |
| COGS ratio | 67.0% | — |
| Operating margin | 10.0% | 11.8% |
| Net margin | 7.5% | 7.2% |
| FCF margin | 9.7% | — |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YBFV | S100YCP3 |

## 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 | NTT |
| --- | ---: | ---: |
| Revenue growth | 18.2 (157 peers) | 31.3 (8 peers) |
| Profitability | 58.4 (196 peers) | 50 (11 peers) |
| Cash conversion | 80.3 (185 peers) | 25 (10 peers) |
| Efficiency | 15.6 (196 peers) | 13.6 (11 peers) |
| Financial strength | — | — |

## Company details

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