NEC : Notice regarding on-site inspection by the Japan Fair Trade Commission
May 19, 2015 at 01:33 am EDT
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*** For immediate use May 19, 2015
Tokyo, May 19, 2015 - The Japan Fair Trade Commission carried out an on-site inspection of NEC Corporation (NEC; TSE: 6701) today at offices suspected of violating antitrust law with respect to transactions with Tokyo Electric Power Company, Incorporated on telecommunications equipment for electric power systems.
NEC Corporation strives to ensure compliance and business activities that are based on corporate social responsibility. The Company treats this on-site inspection with great seriousness and is cooperating fully with the Commission's inspection.
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%).
NEC CORPORATION 
