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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 2019 JPYUSD
Gross Profit829,929M7,483.93M
Operating income88,721M800.04M
Income before tax77,993M703.30M
Net income40,195M362.46M
Diluted EPS154.741.39
Dividends Per Share400.36
Total Assets3,012.99B27,221.31M
Total liabilities1,952.66B17,641.65M
Total equity859,583M7,766.03M
Operating cash flow64,235M579.24M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 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 2015Mar 2016Mar 2017Mar 2018Mar 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
Operating margin3.04%
Profit margin1.37%

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


  • 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. (2.9%)
  • The Vanguard Group, Inc. (2.7%)
  • 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%)
  • APG Asset Management NV (1.3%)

Contact Details

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

Related Companies

  • Garden Private Holdings Ltd.
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  • NEC XON Holdings Pty Ltd.
  • NEC Embedded Products Ltd.
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  • 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.


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Last Updated on 30 Mar, 2020

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