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 2023
JPY USD Revenue 3,313.01B 24,447.16M Gross Profit 958,248M 7,071.02M Operating income 166,104M 1,225.70M Income before tax 163,722M 1,208.12M Net income 114,500M 844.90M EBITDA 349,402M 2,578.28M Diluted EPS 424.51 3.13 Dividends Per Share 110 0.81 Total Assets 4,038.27B 30,342.43M Total liabilities 2,125.55B 15,970.77M Total equity 1,623.81B 12,200.89M Operating cash flow 152,127M 1,122.56M Currency in JPY Currency in USD
Historical Data Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
2,913.44B
3,095.23B
2,994.02B
3,014.09B
3,313.01B
Gross Profit
829,929M
887,559M
861,183M
886,413M
958,248M
Operating income
88,036M
136,090M
129,902M
124,079M
166,104M
Income before tax
77,308M
123,969M
152,837M
139,052M
163,722M
Net income
39,675M
99,967M
149,606M
141,277M
114,500M
EBITDA
187,781M
302,450M
297,515M
304,618M
349,402M
Diluted EPS
152.74
385.01
557.18
518.54
424.51
Dividends Per Share
40
70
90
100
110
Total Assets
3,025.57B
3,175.52B
3,725.64B
3,822.98B
4,038.27B
Total liabilities
1,965.89B
2,061.00B
2,163.82B
2,036.34B
2,125.55B
Total equity
858,939M
910,674M
1,308.15B
1,513.50B
1,623.81B
Operating cash flow
64,235M
261,863M
274,907M
147,517M
152,127M
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Revenue
26,272.19M
28,468.26M
28,230.20M
26,822.31M
24,447.16M
Gross Profit
7,483.93M
8,163.28M
8,119.96M
7,888.15M
7,071.02M
Operating income
793.87M
1,251.68M
1,224.82M
1,104.17M
1,225.70M
Income before tax
697.13M
1,140.19M
1,441.07M
1,237.41M
1,208.12M
Net income
357.77M
919.44M
1,410.61M
1,257.21M
844.90M
EBITDA
1,693.32M
2,781.76M
2,805.22M
2,710.78M
2,578.28M
Diluted EPS
1.37
3.54
5.25
4.61
3.13
Dividends Per Share
0.36
0.64
0.84
0.88
0.81
Total Assets
27,334.99M
29,415.30M
33,716.28M
31,497.30M
30,342.43M
Total liabilities
17,761.15M
19,091.34M
19,582.10M
16,777.28M
15,970.77M
Total equity
7,760.21M
8,435.68M
11,838.47M
12,469.64M
12,200.89M
Operating cash flow
579.24M
2,408.47M
2,592.05M
1,312.74M
1,122.56M
Valuation Measures
Mar 2023
PER 12.01 ROA 2.91% ROE 7.29% Operating margin 5.01% Profit margin 3.45%
Management
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 Shareholders
Nippon Telegraph & Telephone Corp. (4.7%)
Nomura Asset Management Co., Ltd. (3.9%)
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. (3.1%)
NEC Corp. (2.2%)
Sumitomo Life Insurance Co. (2.0%)
BlackRock Japan Co., Ltd. (1.7%)
Daiwa Asset Management Co. Ltd. (1.7%)
Contact Details Website: http://jpn.nec.com Address:
5-7-1 Shiba,
Minato-Ku,
Tokyo,
108-8001,
Japan
Phone:
+81.3.3454.1111
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Competitors
Nokia Oyj
Enghouse Systems Limited
Nomura Research Institute,Ltd.
Internet Initiative Japan Inc.
Ekinops SA
Hyosung ITX Co., Ltd
Ciena Corporation
Amdocs Limited
AFCON Holdings Ltd
Aware, Inc.
CSG Systems International, Inc.
ImageWare Systems Incorporated
Tucows Inc.
RingCentral, Inc. Class A
Coretronic Corporation
BIO-key International, Inc.
Crexendo, Inc.
Cambium Networks Corporation
VOXX International Corporation Class A
Satrec Initiative Co., Ltd.
Optiva Inc.
Xtera Communications, Inc.
Ceragon Networks Ltd
Aptamer Sciences, Inc.
Beam Global
Cosmo Electronics Corporation
Focus Universal Inc
Hangzhou Todaytec Digital Co., Ltd. Class A
ITEK, Inc.
Pixelworks, Inc.
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Last Updated on 22 Sep, 2023
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