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
JPY USD Revenue 2,994.02B 28,230.20M Gross Profit 861,183M 8,119.96M Operating income 129,902M 1,224.82M Income before tax 152,837M 1,441.07M Net income 149,606M 1,410.61M EBITDA 297,515M 2,805.22M Diluted EPS 557.18 5.25 Dividends Per Share 90 0.84 Total Assets 3,725.64B 33,716.28M Total liabilities 2,163.82B 19,582.10M Total equity 1,308.15B 11,838.47M Operating cash flow 274,907M 2,592.05M Currency in JPY Currency in USD
Historical Data Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 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 2017 Mar 2018 Mar 2019 Mar 2020 Mar 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
PER 11.70 ROA 4.33% ROE 13.48% Operating margin 4.33% Profit margin 4.99%
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 Shareholders
Nippon Telegraph & Telephone Corp. (4.7%)
Nomura Asset Management Co., Ltd. (3.6%)
BlackRock Fund Advisors (3.5%)
The Vanguard Group, Inc. (2.3%)
Sumitomo Life Insurance Co. (2.0%)
Nikko Asset Management Co., Ltd. (1.6%)
Norges Bank Investment Management (1.6%)
Daiwa Asset Management Co. Ltd. (1.6%)
Nec Employee Stock Ownership Plan (1.5%)
BlackRock Japan 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
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NEC Canada, Inc.
Competitors
Nokia Oyj
Formula Systems (1985) Ltd.
Capita plc
Nomura Research Institute,Ltd.
Ekinops SA
Internet Initiative Japan Inc.
Amdocs Limited
AFCON Holdings Ltd
Hyosung ITX Co., Ltd
Avaya Holdings Corp.
Magic Software Enterprises Ltd.
AudioCodes Ltd.
CSG Systems International, Inc.
Aware, Inc.
Nexcom International Co., Ltd.
RingCentral, Inc. Class A
Crexendo, Inc.
Coretronic Corporation
BIO-key International, Inc.
Cambium Networks Corporation
Aviat Networks, Inc.
VOXX International Corporation Class A
Satrec Initiative Co., Ltd.
Optiva Inc.
Wartsila Oyj Abp
Xtera Communications, Inc.
Ceragon Networks Ltd
Beam Global
Chunghwa Telecom Co., Ltd
Electrovaya Inc.
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Last Updated on 4 Aug, 2021
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