OREANDA-NEWS. NEC Group recorded consolidated net sales of 1,324.8 billion yen for the six months ended September 30, 2014, a decrease of 58.3 billion yen (-4.2%) year-on-year. This decrease was mainly due to the Internet service business and the mobile phone sales business from Others no longer being consolidated, despite increased sales from the Public business.

Regarding profitability, operating income (loss) improved by 21.1 billion yen year-on-year, to an operating income of 21.5 billion yen, mainly due to increased sales in the Public business and improved mobile phone terminal business.

In terms of ordinary income (loss), the NEC Group recorded an income of 16.7 billion yen, improving by 31.2 billion yen year-on-year, mainly due to the improving operating income (loss).

Income (loss) before income taxes and minority interests was an income of 15.4 billion yen, improving by 25.1 billion yen year-on-year. This was primarily due to improved ordinary income (loss) and reduced business structure improvement expenses, despite the gain on sales of subsidiaries and affiliates' stocks that were recorded in the same period of the previous fiscal year.

Net income (loss) for the first half was an income of 12.5 billion yen, a year-on-year improvement of 38.6 billion yen, primarily due to improved income (loss) before income taxes and minority interests as well as acquiring minority shareholder interests from making NEC Fielding, Ltd. a wholly-owned subsidiary.