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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 2021 JPYUSD
Gross Profit861,183M8,119.96M
Operating income129,902M1,224.82M
Income before tax152,837M1,441.07M
Net income149,606M1,410.61M
Diluted EPS557.185.25
Dividends Per Share900.84
Total Assets3,725.64B33,716.28M
Total liabilities2,163.82B19,582.10M
Total equity1,308.15B11,838.47M
Operating cash flow274,907M2,592.05M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 2,665.03B 2,844.44B 2,913.44B 3,095.23B 2,994.02B
Gross Profit 755,621M 797,594M 829,929M 887,559M 861,183M
Operating income 52,036M 68,745M 88,036M 136,090M 129,902M
Income before tax 68,058M 86,941M 77,308M 123,969M 152,837M
Net income 27,310M 45,870M 39,675M 99,967M 149,606M
EBITDA 132,412M 164,782M 187,781M 302,450M 297,515M
Diluted EPS 105.10 176.53 152.74 385.01 557.18
Dividends Per Share 60 60 40 70 90
Total Assets 2,740.42B 2,885.24B 3,025.57B 3,175.52B 3,725.64B
Total liabilities 1,724.36B 1,830.95B 1,965.89B 2,061.00B 2,163.82B
Total equity 854,264M 880,833M 858,939M 910,674M 1,308.15B
Operating cash flow 92,525M 129,981M 64,235M 261,863M 274,907M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 24,610.73M 25,664.39M 26,272.19M 28,468.26M 28,230.20M
Gross Profit 6,977.91M 7,196.39M 7,483.93M 8,163.28M 8,119.96M
Operating income 480.53M 620.26M 793.87M 1,251.68M 1,224.82M
Income before tax 628.49M 784.43M 697.13M 1,140.19M 1,441.07M
Net income 252.19M 413.86M 357.77M 919.44M 1,410.61M
EBITDA 1,222.78M 1,486.76M 1,693.32M 2,781.76M 2,805.22M
Diluted EPS 0.97 1.59 1.37 3.54 5.25
Dividends Per Share 0.55 0.54 0.36 0.64 0.84
Total Assets 24,593.25M 27,129.67M 27,334.99M 29,415.30M 33,716.28M
Total liabilities 15,474.82M 17,216.32M 17,761.15M 19,091.34M 19,582.10M
Total equity 7,666.37M 8,282.39M 7,760.21M 8,435.68M 11,838.47M
Operating cash flow 854.43M 1,172.77M 579.24M 2,408.47M 2,592.05M

Valuation Measures

Mar 2021
Operating margin4.33%
Profit margin4.99%

Key executives

  • President, CEO & Representative Director: Takayuki Morita
  • Director & Chief Technology Officer: Motoo Nishihara
  • Chief Information Officer: Hiroshi Kodama
  • Chief Legal & Compliance Officer: Shinobu Obata
  • Director & Executive Vice President: Norihiko Ishiguro


  • Nippon Telegraph & Telephone Corp. (4.7%)
  • Nomura Asset Management Co., Ltd. (3.6%)
  • BlackRock Fund Advisors (3.5%)
  • The Vanguard Group, Inc. (2.6%)
  • Sumitomo Life Insurance Co. (2.0%)
  • Nikko Asset Management Co., Ltd. (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.6%)
  • Norges Bank Investment Management (1.6%)
  • Nec Employee Stock Ownership Plan (1.5%)
  • BlackRock Japan Co., Ltd. (1.3%)

Contact Details

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

Related Companies

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  • NEC Laboratories Europe GmbH
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  • NEC Patent Service Co., Ltd.
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  • NEC Iberica SL
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  • NEC Eastern Europe Kft
  • NEC Vietnam Co. Ltd.
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  • NEC Africa (Pty) Ltd.
  • NEC Saudi Arabia Ltd.
  • NEC New Zealand Ltd.
  • NEC Enterprise Communications Technologies, Inc.
  • NEC Chile SA
  • NEC de Colombia SA
  • NEC Soft (Jinan) Co., Ltd.
  • NEC Advanced Software Technology (Beijing) Co., Ltd.
  • NEC Access Technica (Suzhou) Co., Ltd.
  • NEC Latin America SA
  • NEC Information Systems (Shanghai) Ltd.
  • NEC Viewtechnology Trading (Shenzhen) Ltd.


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Last Updated on 27 Jan, 2022

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