Business Summary

NEC Corporation specializes in the manufacturing and marketing computing and telecommunication equipments. Net sales break down by activity as follows:

- IT services (53.9%): integration, maintenance, outsourcing, support services, etc.;

- sale of IT infrastructure products and network systems (17%). In addition, the group provides network services;

- sale of digital government and financial services software (14.9%);

- other (12.7%): sale of hardware, mobile telephones, lighting products, energy management and storage systems, etc.

Net sales are distributed geographically as follows: Japan (75%), Asia/Pacific (11.2%), Europe/Middle East/Africa (9.8%) and Americas (4%).

Number of employees: 118,527

Sales per Business

JPY in Million2022Weight2023Weight Delta
Social Infrastructure
19.6 %
650,873 21.6 % 649,662 19.6 % -0.19%
Enterprises
18.5 %
574,680 19.1 % 614,369 18.5 % +6.91%
Global
17.7 %
485,578 16.1 % 586,336 17.7 % +20.75%
Network Services
16.4 %
511,547 17.0 % 543,400 16.4 % +6.23%
Others
14.0 %
391,240 13.0 % 462,564 14.0 % +18.23%
Social Public
13.8 %
400,177 13.3 % 456,687 13.8 % +14.12%

Sales per region

JPY in Million2022Weight2023Weight Delta
Japan
73.0 %
2,259,551 75.0 % 2,417,450 73.0 % +6.99%
China, East Asia and Asia Pacific
11.6 %
338,602 11.2 % 383,727 11.6 % +13.33%
Europe, Middle East and Africa
10.6 %
294,610 9.8 % 351,318 10.6 % +19.25%
North America and Latin America
4.8 %
121,332 4.0 % 160,523 4.8 % +32.30%

Managers

Managers TitleAgeSince
Chief Executive Officer 64 83-03-31
Director of Finance/CFO - -
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer 62 85-03-31
Director/Board Member 66 16-09-30
Director/Board Member 69 77-03-31
Director/Board Member 62 85-03-31
Investor Relations Contact - -
Corporate Officer/Principal 63 84-03-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 76 18-05-31
Comptroller/Controller/Auditor 65 81-03-31
Chief Executive Officer 64 83-03-31
Director/Board Member 62 85-03-31
Director/Board Member 73 19-05-31
Director/Board Member 69 77-03-31
Director/Board Member 76 19-05-31
Director/Board Member 68 18-05-31
Director/Board Member 66 16-09-30
Chief Tech/Sci/R&D Officer 62 85-03-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 272,849,863 247,508,510 ( 90.71 %) 6,392,569 ( 2.343 %) 90.71 %

Shareholders

NameEquities%Valuation
Capital Research & Management Co. (World Investors)
5.310 %
14,488,870 5.310 % 1 052 M ¥
13,023,000 4.773 % 946 M ¥
BlackRock Fund Advisors
3.528 %
9,625,824 3.528 % 699 M ¥
6,058,800 2.221 % 440 M ¥
Sumitomo Life Insurance Co.
2.052 %
5,600,000 2.052 % 407 M ¥
BlackRock Japan Co. Ltd.
1.776 %
4,845,900 1.776 % 352 M ¥
Nikko Asset Management Co., Ltd.
1.710 %
4,664,500 1.710 % 339 M ¥
Nec Employee Stock Ownership Plan
1.437 %
3,920,000 1.437 % 285 M ¥
Sumitomo Electric Industries Pension Fund
0.8386 %
2,288,000 0.8386 % 166 M ¥
FIL Investments (Japan) Ltd.
0.4880 %
1,331,531 0.4880 % 97 M ¥

Holdings

NameEquities%Valuation
57,320,000 38.39% 960,099,109 $
6,058,800 2.22% 439,963,094 $
8,110,000 37.65% 205,503,021 $
8,648,269 9.37% 141,656,830 $
2,409,000 1.43% 69,383,392 $
1,435,000 0.70% 46,592,814 $
2,300,000 0.29% 35,675,116 $
1,746,150 3.84% 33,885,769 $
736,750 5.87% 28,246,995 $
1,655,000 2.09% 28,059,929 $

Company contact information

NEC Corp.

5-7-1 Shiba Minato-Ku

108-8001, Tokyo

+81 3 3454 1111

http://jpn.nec.com
address NEC Corporation(6701)

Group companies

NameCategory and Sector
NEC Capital (UK) Plc
Finance/Rental/Leasing
Electronic Components
Computer Communications
Electronics Distributors
Packaged Software
Miscellaneous Commercial Services
Electrical Products
Electronics Distributors
Avaloq India Pvt Ltd.

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
10,955 JPY
Average target price
11,533 JPY
Spread / Average Target
+5.28%
Consensus
  1. Stock Market
  2. Equities
  3. 6701 Stock
  4. Company NEC Corporation