Technology Services
NEC Corp.
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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 2020 | JPY | USD |
| Revenue | 3,095.23B | 28,468.26M |
| Gross Profit | 887,559M | 8,163.28M |
| Operating income | 136,090M | 1,251.68M |
| Income before tax | 123,969M | 1,140.19M |
| Net income | 99,967M | 919.44M |
| EBITDA | 302,450M | 2,781.76M |
| Diluted EPS | 385.01 | 3.54 |
| Dividends Per Share | 70 | 0.64 |
| Total Assets | 3,175.52B | 29,415.30M |
| Total liabilities | 2,061.00B | 19,091.34M |
| Total equity | 910,674M | 8,435.68M |
| Operating cash flow | 261,863M | 2,408.47M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 2,824.83B | 2,665.03B | 2,844.44B | 2,913.44B | 3,095.23B |
| Gross Profit | 840,085M | 755,621M | 797,594M | 829,929M | 887,559M |
| Operating income | 113,468M | 52,036M | 68,745M | 88,036M | 136,090M |
| Income before tax | 86,553M | 68,058M | 86,941M | 77,308M | 123,969M |
| Net income | 75,923M | 27,310M | 45,870M | 39,675M | 99,967M |
| EBITDA | 197,239M | 132,412M | 164,782M | 187,781M | 302,450M |
| Diluted EPS | 292.20 | 105.10 | 176.53 | 152.74 | 385.01 |
| Dividends Per Share | 60 | 60 | 60 | 40 | 70 |
| Total Assets | 2,589.43B | 2,740.42B | 2,885.24B | 3,025.57B | 3,175.52B |
| Total liabilities | 1,752.21B | 1,724.36B | 1,830.95B | 1,965.89B | 2,061.00B |
| Total equity | 769,827M | 854,264M | 880,833M | 858,939M | 910,674M |
| Operating cash flow | 97,829M | 92,525M | 129,981M | 64,235M | 261,863M |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 23,523.75M | 24,610.73M | 25,664.39M | 26,272.19M | 28,468.26M |
| Gross Profit | 6,995.79M | 6,977.91M | 7,196.39M | 7,483.93M | 8,163.28M |
| Operating income | 944.90M | 480.53M | 620.26M | 793.87M | 1,251.68M |
| Income before tax | 720.76M | 628.49M | 784.43M | 697.13M | 1,140.19M |
| Net income | 632.24M | 252.19M | 413.86M | 357.77M | 919.44M |
| EBITDA | 1,642.50M | 1,222.78M | 1,486.76M | 1,693.32M | 2,781.76M |
| Diluted EPS | 2.43 | 0.97 | 1.59 | 1.37 | 3.54 |
| Dividends Per Share | 0.49 | 0.55 | 0.54 | 0.36 | 0.64 |
| Total Assets | 23,038.72M | 24,593.25M | 27,129.67M | 27,334.99M | 29,415.30M |
| Total liabilities | 15,589.82M | 15,474.82M | 17,216.32M | 17,761.15M | 19,091.34M |
| Total equity | 6,849.29M | 7,666.37M | 8,282.39M | 7,760.21M | 8,435.68M |
| Operating cash flow | 814.66M | 854.43M | 1,172.77M | 579.24M | 2,408.47M |
Valuation Measures
| Mar 2020 | |
| PER | 10.24 |
| ROA | 3.22% |
| ROE | 11.29% |
| Operating margin | 4.39% |
| Profit margin | 3.22% |
Key executives
- Executive President, CEO & Representative Director: Takashi Niino
- CFO, Representative Director & Executive VP: Takayuki Morita
- Director & Chief Technology Officer: Motoo Nishihara
- Chief Information Officer: Hiroshi Kodama
- Chief Legal & Compliance Officer: Shinobu Obata
Shareholders
- Nippon Telegraph & Telephone Corp. (4.7%)
- Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.6%)
- Asset Management One Co., Ltd. (4.5%)
- BlackRock Fund Advisors (3.7%)
- Nomura Asset Management Co., Ltd. (3.2%)
- The Vanguard Group, Inc. (2.6%)
- Sumitomo Life Insurance Co. (2.0%)
- BlackRock Japan Co., Ltd. (1.9%)
- APG Asset Management NV (1.6%)
- Nec Employee Stock Ownership Plan (1.6%)
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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- NEC Latin America SA
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- NEC Viewtechnology Trading (Shenzhen) Ltd.
- NEC Canada, Inc.
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- Northgate Public Services (UK) Ltd.
- NEC Solution Innovators Ltd.
- NEC Energy Solutions, Inc.
Competitors
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Last Updated on 7 Aug, 2020