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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 2020 JPYUSD
Gross Profit887,559M8,163.28M
Operating income136,090M1,251.68M
Income before tax123,969M1,140.19M
Net income99,967M919.44M
Diluted EPS385.013.54
Dividends Per Share700.64
Total Assets3,175.52B29,415.30M
Total liabilities2,061.00B19,091.34M
Total equity910,674M8,435.68M
Operating cash flow261,863M2,408.47M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 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 2016Mar 2017Mar 2018Mar 2019Mar 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
Operating margin4.39%
Profit margin3.22%

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


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  • The Vanguard Group, Inc. (2.7%)
  • Sumitomo Life Insurance Co. (2.0%)
  • BlackRock Fund Advisors (2.0%)
  • APG Asset Management NV (1.6%)
  • Nec Employee Stock Ownership Plan (1.6%)
  • Nikko Asset Management Co., Ltd. (1.5%)
  • Daiwa Asset Management Co. Ltd. (1.4%)

Contact Details

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

Related Companies

  • NEC Patent Service Co., Ltd.
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  • GeneXus Consulting (California)
  • NEC Software Aomori Ltd.
  • Garden Private Holdings Ltd.
  • NEC OncoImmunity AS
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  • NEC Embedded Products 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 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.
  • NEC Canada, Inc.
  • NEC Space Technologies Ltd.
  • Northgate Public Services (UK) Ltd.


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Last Updated on 23 Oct, 2020

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