NEC saw Q1 net losses of ¥10.0 billion ($80.78 million), down on losses of ¥10.1 billion ($81.46 million) in the same quarter last year, on revenue which fell 2% to ¥586.6 billion ($4.73 billion) from ¥598.7 billion ($4.83 billion). The company cited sluggish growth in emerging markets, although it said that it saw a steady performance elsewhere.