Electronic Technology
NEC Corp.
In the news
- Toshiba sprints to vanguard of quantum encryption race Jan 22, 2020
- Hyundai to make 4-passenger flying taxis for Uber Jan 8, 2020
- Japan in race with China for facial-recognition supremacy Dec 20, 2019
- China exports AI surveillance tech to over 60 countries: report Dec 16, 2019
- Google pays $1.5m to white hat hackers, Toyota says 'thanks' Dec 16, 2019 See more articles on 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 2019 | JPY | USD |
| Revenue | 2,913.44B | 26,272.19M |
| Gross Profit | 829,929M | 7,483.93M |
| Operating income | 88,721M | 800.04M |
| Income before tax | 77,993M | 703.30M |
| Net income | 40,195M | 362.46M |
| EBITDA | 187,803M | 1,693.52M |
| Diluted EPS | 154.74 | 1.39 |
| Dividends Per Share | 40 | 0.36 |
| Total Assets | 3,012.99B | 27,221.31M |
| Total liabilities | 1,952.66B | 17,641.65M |
| Total equity | 859,583M | 7,766.03M |
| Operating cash flow | 64,235M | 579.24M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
| Revenue | 2,935.51B | 2,824.83B | 2,665.03B | 2,844.44B | 2,913.44B |
| Gross Profit | 901,481M | 840,085M | 755,621M | 797,594M | 829,929M |
| Operating income | 128,084M | 113,468M | 52,036M | 68,745M | 88,721M |
| Income before tax | 96,737M | 86,553M | 68,058M | 86,941M | 77,993M |
| Net income | 57,302M | 75,923M | 27,310M | 45,870M | 40,195M |
| EBITDA | 228,741M | 197,239M | 132,412M | 164,782M | 187,803M |
| Diluted EPS | 220.50 | 292.20 | 105.10 | 176.53 | 154.74 |
| Dividends Per Share | 40 | 60 | 60 | 60 | 40 |
| Total Assets | 2,620.65B | 2,589.43B | 2,740.42B | 2,885.24B | 3,012.99B |
| Total liabilities | 1,736.46B | 1,752.21B | 1,724.36B | 1,830.95B | 1,952.66B |
| Total equity | 823,650M | 769,827M | 854,264M | 880,833M | 859,583M |
| Operating cash flow | 87,917M | 97,829M | 92,525M | 129,981M | 64,235M |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
| Revenue | 26,721.38M | 23,523.75M | 24,610.73M | 25,664.39M | 26,272.19M |
| Gross Profit | 8,205.98M | 6,995.79M | 6,977.91M | 7,196.39M | 7,483.93M |
| Operating income | 1,165.92M | 944.90M | 480.53M | 620.26M | 800.04M |
| Income before tax | 880.57M | 720.76M | 628.49M | 784.43M | 703.30M |
| Net income | 521.60M | 632.24M | 252.19M | 413.86M | 362.46M |
| EBITDA | 2,082.18M | 1,642.50M | 1,222.78M | 1,486.76M | 1,693.52M |
| Diluted EPS | 2.00 | 2.43 | 0.97 | 1.59 | 1.39 |
| Dividends Per Share | 0.36 | 0.49 | 0.55 | 0.54 | 0.36 |
| Total Assets | 21,852.42M | 23,038.72M | 24,593.25M | 27,129.67M | 27,221.31M |
| Total liabilities | 14,479.54M | 15,589.82M | 15,474.82M | 17,216.32M | 17,641.65M |
| Total equity | 6,868.04M | 6,849.29M | 7,666.37M | 8,282.39M | 7,766.03M |
| Operating cash flow | 800.28M | 814.66M | 854.43M | 1,172.77M | 579.24M |
Valuation Measures
| Mar 2019 | |
| PER | 24.19 |
| ROA | 1.36% |
| ROE | 4.61% |
| Operating margin | 3.04% |
| Profit margin | 1.37% |
Key executives
- Executive President, CEO & Representative Director: Takashi Niino
- CFO, Representative Director & Executive VP: Takayuki Morita
- Director & Chief Technology Officer: Katsumi Emura
- Executive Vice President: Toshiya Matsuki
- Senior Vice President: Tetsuro Akagi
Shareholders
- Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.8%)
- Asset Management One Co., Ltd. (4.7%)
- BlackRock Fund Advisors (3.9%)
- Nomura Asset Management Co., Ltd. (3.0%)
- The Vanguard Group, Inc. (2.6%)
- Sumitomo Life Insurance Co. (2.1%)
- BlackRock Japan Co., Ltd. (2.0%)
- Nec Employee Stock Ownership Plan (1.7%)
- Norges Bank Investment Management (1.4%)
- Nikko Asset Management Co., Ltd. (1.3%)
Contact Details
- Website:http://jpn.nec.com
- Address: 5-7-1 Shiba, Minato-Ku, Tokyo, 108-8001, Japan
- Phone: +81.3.3454.1111
Related Companies
- Garden Private Holdings Ltd.
- NEC OncoImmunity AS
- NEC Management Partner Ltd.
- NEC XON Holdings Pty Ltd.
- NEC Embedded Products Ltd.
- NEC Informatec Systems, Ltd.
- NEC Platforms Ltd.
- NEC Iberica SL
- NEC Telecommunication & Information Technology Ltd.
- NEC Eastern Europe Kft
- NEC Vietnam Co. Ltd.
- NEC Fielding Information Technology Services (Beijing) Co. Ltd
- NEC Africa (Pty) Ltd.
- NEC Saudi Arabia Ltd.
- NEC New Zealand Ltd.
- NEC Enterprise Communications Technologies,Inc.
- NEC System Technologies (Hangzhou) Ltd.
- NEC (Chongqing) Solutions Co. Ltd.
- NEC Neosoft Information Technologies Co. Ltd.
- 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 Infomation Systems (Shanghai) Ltd.
- NEC Viewtechnology Trading (Shenzhen) Ltd.
- NEC Canada, Inc.
- NEC Space Technologies Ltd.
- Northgate Public Services (UK) Ltd.
Competitors
- Telefonaktiebolaget LM Ericsson Class B
- Nokia Oyj
- Enghouse Systems Limited
- Formula Systems (1985) Ltd.
- Ekinops SA
- Amdocs Limited
- Internet Initiative Japan Inc.
- AFCON Holdings Ltd
- Magic Software Enterprises Ltd.
- Avaya Holdings Corp.
- AudioCodes Ltd.
- Nexcom International Co., Ltd.
- Hyosung ITX Co., Ltd
- Dragonwave Inc.
- RingCentral, Inc. Class A
- Aware, Inc.
- BIO-key International, Inc.
- DDS, Inc.
- Cambium Networks Corporation
- Aviat Networks, Inc.
- Hengdian Group DMEGC Magnetics Co., Ltd Class A
- Wartsila Oyj Abp
- SHIN HEUNG ENERGY & ELECTRONICS Co., Ltd.
- Satrec Initiative Co., Ltd.
- Optiva Inc.
- Software Service, Inc.
- CSG Systems International, Inc.
- Electrovaya Inc.
- Engie EPS SA
- Xtera Communications, Inc.
Copyright © 2020 FactSet Research Systems Inc. All rights reserved.
Last Updated on 24 Jan, 2020