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View moreNEC Corp (NEC) is a provider of information and network technology solutions. The company’s product portfolio comprises servers, equipment, and network systems for telecommunication carriers, automated teller machines, storage devices, broadcasting video systems, supercomputers, personal computers, tablet terminals, aerospace systems, fire and disaster prevention systems, and software. It also offers electronic components and products such as lithium-ion rechargeable batteries, LCD panels, and lighting equipment. NEC offers services, including system integration, support, and outsourcing services. It serves the aviation, aerospace, healthcare, agriculture, retail, broadcasting, logistics, finance, govern, hospitality, manufacturing, transportation, and telecom industries. The company has operations across North America, Europe, the Middle East and Africa, Asia-Pacific, and Latin America. NEC is headquartered in Minato-ku, Tokyo, Japan.
Headquarters
Japan
Address
7-1, Shiba 5-chome, Minato-Ku, Tokyo, 108-8001
Website
www.nec.com
Telephone
81 3 34541111
No of Employees
117,418
Industry
Technology and Communications
Ticker Symbol & Exchange
6701 (TYO)
Revenue (2023)
$26.8B
0.7%
(2023 vs 2022)
EPS
XXX
Net Income (2023)
XXX
-5.6%
(2023 vs 2022)
Market Cap*
$10.2B
Net Profit Margin (2023)
XXX
-6.2%
(2023 vs 2022)
* As of and is in US$
Access premium data and analytics for NEC Corp
Products and Services
| Products | Services | Brands |
|---|---|---|
| Computer | Biometrics ID Solutions | NEC |
| Data Storage | Digital Signage Solution | |
| Embedded Systems | Outsourcing Services | |
| XXX | XXX | |
| XXX | XXX | |
| XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In January, the company developed a power amplifier for 5G Advanced and 6G networks. |
| 2023 | Contracts/Agreements | In January, the company and Juniper Networks selected by Powerco to design and deploy an innovative new WiFi network across its sites nationwide. |
| 2022 | Contracts/Agreements | In December, the company and SINAI Technologies entered into a partnership to create pathways to decarbonization. |
Competitor Comparison
| Key Parameters | NEC Corp | Microsoft Corp | Hitachi Ltd | International Business Machines Corp | Mitsubishi Electric Corp |
|---|---|---|---|---|---|
| Headquarters | Japan | United States of America | Japan | United States of America | Japan |
| City | Minato-Ku | Redmond | Chiyoda-Ku | Armonk | Chiyoda-Ku |
| State/Province | Tokyo | Washington | Tokyo | New York | Tokyo |
| No. of Employees | 117,418 | 221,000 | 368,247 | 307,600 | 145,696 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nobuhiro Endo | Chairman | Executive Board | 2019 | 69 |
| Takayuki Morita | Chief Executive Officer; Director; President | Executive Board | 2021 | 62 |
| Motoo Nishihara | Director; President - Global Innovation Unit; Executive Vice President; Chief Technology Officer | Executive Board | 2019 | 60 |
| Hajime Matsukura | Chief Human Resources Officer; Executive Vice President; Director | Executive Board | 2019 | 61 |
| Takashi Niino | Vice Chairman | Executive Board | 2021 | 68 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
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