Preliminary figures announced for the Japanese Digital Equipment subsidiary, Nippon DEC, show a 15% fall in revenues over the year to June, according to the Nikkei Industrial Daily. This is the first fall ever since Nippon DEC was founded in 1982. Sources attribute the fall to uncertainty in the financial and manufacturing sectors in Japan – sales of dealing systems and fund management systems which made up around 20% of revenues have fallen – and research budgets have been slashed, making a dent in the stable revenue from research institutions. Preliminary figures indicate revenues of around $800m, of which exports are around $120m. The latter figure reflects the difficult state of Nippon DEC’s parent company.
