Electronic Technology
NEC Corp.
- 4,570.00 JPY
- -40.00
- -0.87%
Japan
Sep 18, 2019Ticker
TKS(6701)Prev. close
4,610Market cap (JPY)
1,200.78BMarket cap (USD)
11,096.77MShares
260.47M
In the news
- After 3,000 job cuts, NEC expected to see profit jump 150% Sep 5, 2019
- Foreign workforce of 2.2m helps Japan ease labor crunch Jul 11, 2019
- NEC hikes starting pay over $90,000, putting skills before seniority Jul 10, 2019
- NEC to deliver Europe's fastest weather supercomputer Jun 17, 2019
- Corporate Japan steps up disclosure of climate change risks May 14, 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%)
- Eastspring Investments (Singapore) Ltd. (4.5%)
- BlackRock Fund Advisors (3.9%)
- The Vanguard Group, Inc. (2.6%)
- Nomura Asset Management Co., Ltd. (2.4%)
- Sumitomo Life Insurance Co. (2.1%)
- BlackRock Japan Co., Ltd. (2.0%)
- Nec Employee Stock Ownership Plan (1.8%)
- Norges Bank Investment Management (1.4%)
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
- 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.
- NEC Solution Innovators Ltd.
Competitors
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Last Updated on 18 Sep, 2019