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Technology Services

NEC Corp.

Business Summary

NEC Corp. engages in the provision of systems, components, services, and integrated solutions for computing and communications applications. It operates through the following segments: Public Business, Enterprise Business, Telecom Carrier Business, System Platform Business, and Others. The Public Business segment provides system integration (system architecture and consulting), support (maintenance), outsourcing and cloud services, and system equipment for public, medical and financial institutions. The Enterprise Business segment offers information technology solutions for manufacturing, retail, and services. The Telecom Carrier Business segment supplies equipment to telecom carriers for network implementation, along with network control platform systems and operating services. The System Platform Business deals with products from business such as from terminals to network and computer equipment, software products, and service platforms. The Others segment includes smart energy solutions, mobile phones, and lighting equipment businesses. The company was founded by Kunihiko Iwadare on July 17, 1899 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Gross Profit886,413M7,888.15M
Operating income124,079M1,104.17M
Income before tax139,052M1,237.41M
Net income141,277M1,257.21M
Diluted EPS518.544.61
Dividends Per Share1000.88
Total Assets3,822.98B31,497.30M
Total liabilities2,036.34B16,777.28M
Total equity1,513.50B12,469.64M
Operating cash flow147,517M1,312.74M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 2,844.44B 2,913.44B 3,095.23B 2,994.02B 3,014.09B
Gross Profit 797,594M 829,929M 887,559M 861,183M 886,413M
Operating income 68,745M 88,036M 136,090M 129,902M 124,079M
Income before tax 86,941M 77,308M 123,969M 152,837M 139,052M
Net income 45,870M 39,675M 99,967M 149,606M 141,277M
EBITDA 164,782M 187,781M 302,450M 297,515M 304,618M
Diluted EPS 176.53 152.74 385.01 557.18 518.54
Dividends Per Share 60 40 70 90 100
Total Assets 2,885.24B 3,025.57B 3,175.52B 3,725.64B 3,822.98B
Total liabilities 1,830.95B 1,965.89B 2,061.00B 2,163.82B 2,036.34B
Total equity 880,833M 858,939M 910,674M 1,308.15B 1,513.50B
Operating cash flow 129,981M 64,235M 261,863M 274,907M 147,517M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 25,664.39M 26,272.19M 28,468.26M 28,230.20M 26,822.31M
Gross Profit 7,196.39M 7,483.93M 8,163.28M 8,119.96M 7,888.15M
Operating income 620.26M 793.87M 1,251.68M 1,224.82M 1,104.17M
Income before tax 784.43M 697.13M 1,140.19M 1,441.07M 1,237.41M
Net income 413.86M 357.77M 919.44M 1,410.61M 1,257.21M
EBITDA 1,486.76M 1,693.32M 2,781.76M 2,805.22M 2,710.78M
Diluted EPS 1.59 1.37 3.54 5.25 4.61
Dividends Per Share 0.54 0.36 0.64 0.84 0.88
Total Assets 27,129.67M 27,334.99M 29,415.30M 33,716.28M 31,497.30M
Total liabilities 17,216.32M 17,761.15M 19,091.34M 19,582.10M 16,777.28M
Total equity 8,282.39M 7,760.21M 8,435.68M 11,838.47M 12,469.64M
Operating cash flow 1,172.77M 579.24M 2,408.47M 2,592.05M 1,312.74M

Valuation Measures

Mar 2022
Operating margin4.11%
Profit margin4.68%

Key executives

  • President, CEO & Representative Director: Takayuki Morita
  • CFO & Managing Executive Officer: Osamu Fujikawa
  • Director & Chief Technology Officer: Motoo Nishihara
  • Chief Information Officer: Hiroshi Kodama
  • Director & Executive Vice President: Norihiko Ishiguro


  • Nippon Telegraph & Telephone Corp. (4.7%)
  • Nomura Asset Management Co., Ltd. (3.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.7%)
  • Asset Management One Co., Ltd. (3.6%)
  • BlackRock Fund Advisors (3.5%)
  • The Vanguard Group, Inc. (2.5%)
  • NEC Corp. (2.2%)
  • Sumitomo Life Insurance Co. (2.0%)
  • BlackRock Japan Co., Ltd. (1.7%)
  • Nikko Asset Management Co., Ltd. (1.7%)

Contact Details

  • Website:
  • Address: 5-7-1 Shiba, Minato-Ku, Tokyo, 108-8001, Japan
  • Phone: +81.3.3454.1111

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Last Updated on 31 Mar, 2023

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