OverviewSuggest Edit

NEC (日本電気株式会社) is a company that provides integration of information technology, network solutions, and electronics. It offers IT services and solutions, including big data analytics, biometric authentication, cloud, display, digital signage, OEM (original equipment manufacturer) services, safety, connectivity, smart energy, etc. The company also offers products such as computers, data storage, embedded systems, fiber optic devices, integrated IT infrastructure, network products, and software. NEC serves the aerospace, agriculture, aviation, broadcasting, finance, government, healthcare, hospitality, logistics, manufacturing, retail, telecom, and transportation industries.
TypePublic
Founded1899
HQTokyo, JP
Websitenec.com
Employee Ratings3.6
Overall CultureD

Latest Updates

Employees (est.) (Mar 2021)114,714(+2%)
Job Openings74
Revenue (FY, 2020)¥3.1 T(+7%)
Share Price (Oct 2021)¥6.3 K
Cybersecurity ratingDMore
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Key People/Management at NEC

Takashi Niino

Takashi Niino

Vice Chairman of the Board
Norihiko Ishiguro

Norihiko Ishiguro

Senior Executive Vice President and Member of the Board
Nobuhiro Endo

Nobuhiro Endo

Chairman of the Board
Daichi Iwata

Daichi Iwata

Senior Director, Head of Digital Finance
Takayuki Morita

Takayuki Morita

President and CEO
Hajime Matsukura

Hajime Matsukura

Executive Vice President, CHRO, Member of the Board
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NEC Office Locations

NEC has offices in Tokyo, Lincolnshire, Palo Alto, Irving and in 66 other locations
Tokyo, JP (HQ)
7-1, Shiba 5-chome Minato-ku
Alger, DZ
Lot N°12, 3 rue Doudou Mokhtar
Buenos Aires, AR
Pedro de Mendoza 443
Dhaka, BD
Crystal Palace(Level-10), SE(D)22, Road-140, Gulshan South Avenue
São Paulo, BR
Avenida Francisco Matarazzo, 1350 - Água Branca
Beijing, CN
No.19 Dongfangdonglu
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NEC Financials and Metrics

NEC Revenue

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View revenue for all periods
NEC's revenue was reported to be ¥3.1 t in FY, 2020 which is a 6.2% increase from the previous period.
JPY

Revenue (Q1, 2021)

587.7b

Gross profit (Q1, 2021)

149.9b

Gross profit margin (Q1, 2021), %

25.5%

Net income (Q1, 2021)

(6.4b)

EBIT (Q1, 2021)

(10.3b)

Market capitalization (19-Oct-2021)

1.7t

Closing stock price (19-Oct-2021)

6.3k

Cash (30-Jun-2020)

405.6b

EV

2.0t
NEC's current market capitalization is ¥1.7 t.
Annual
JPYFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

2.8t2.7t2.8t2.9t3.1t

Revenue growth, %

(6%)7%2%6%

Cost of goods sold

2.0t1.9t2.0t2.1t2.2t

Gross profit

842.4b755.6b797.6b829.9b887.6b
Annual
JPYFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Depreciation and Amortization

73.0b80.4b96.0b99.1b166.4b

Inventories

7.7b22.7b(16.1b)(16.7b)11.4b

Accounts Payable

(44.7b)(31.7b)17.0b4.4b1.7b

Cash From Operating Activities

97.8b92.5b130.0b64.2b261.9b
JPYFY, 2016

Revenue/Employee

28.6m

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

3.1 x
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NEC Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019Sep, 2020

Patents to Date

53 k53 k51 k49 k

Patents (Foreign)

32 k30 k29 k

Countries

169

Industries

13
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NEC Acquisitions / Subsidiaries

Company NameDateDeal Size
OncoImmunityJuly 29, 2019
KMD HoldingDecember 31, 2018$1.22 b
i2N LimitedAugust 01, 2018
Northgate Public ServicesFebruary 09, 2018£475 m
NEC XONJanuary 09, 2018
Arcon Managed Security ServicesAugust 18, 2016
Convergys CorporationMay 12, 2012
NetCracker TechnologyJune 21, 2008$300 m
NEC Asia Pacific Pte. Ltd.
NEC (China) Co., Ltd.
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NEC Revenue Breakdown

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NEC revenue breakdown by business segment: 14.7% from Enterprise, 17.7% from System Platform, 30.9% from Public, 16.0% from Global, 16.5% from Network Services and 4.3% from Other

NEC revenue breakdown by geographic segment: 75.7% from Japan, 11.4% from China / East Asia and APAC, 5.3% from The Americas and 7.6% from EMEA

NEC Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

SecurityScorecard logo

NEC Online and Social Media Presence

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NEC Company Culture

  • Overall Culture

    D

    57/100

  • CEO Rating

    F

    53/100

  • Compensation

    C-

    60/100

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NEC News and Updates

NEC SX-Aurora TSUBASA vector supercomputer sets record in processing performance in STAC-A2™ Benchmarks

NEC Corporation today announced that the NEC SX-Aurora TSUBASA vector supercomputer set a record in the STAC-A2 Benchmark tests, which measure the computational performance of Monte Carlo-based risk simulations common in financial markets.

Microsoft and NEC Expand Strategic Partnership to Boost Business Resiliency and Growth

Microsoft Corp. (Microsoft) and NEC Corporation (NEC; TSE: 6701) on Tuesday announced an expansion of their decades-long collaboration.

NEC announces new industry-leading multi-carrier radio solution to address higher capacity demands for 5G networks

NEC Corporation today announced the release of new iPASOLINK™ IAP3 series High-Power Outdoor Units (ODU) and a next generation Outdoor Branching (BR) Combiner (OBC2) to help answer the challenges operators face in increasing 5G network capacity and accelerating deployment needs.

CETIN, NEC, Fortinet and Cellusys Join Forces to Modernize Large-scale Network in Four Countries

CETIN a.s. and NEC Europe Ltd., a wholly owned subsidiary of NEC Corporation, announced today the signing of a large network security project.

Northgate Public Services becomes NEC Software Solutions

NEC Corporation (NEC; TSE: 6701) today announced that Northgate Public Services (NPS) has a new name and will now be known as NEC Software Solutions UK Limited.

NEC commercializes Open RAN cloud-native software featuring high performance Massive MIMO and beamforming

NEC Corporation announced today the launch of carrier-grade, cloud-native Open RAN software supporting its industry-leading digital beamforming of Massive MIMO.
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NEC Blogs

Telenor Deploys 5G xHaul Transport Network with Cisco and NEC to Connect More People and Businesses in Norway and Denmark

NEC Corporation (NEC; TSE: 6701) and Cisco today announced they have been selected by Telenor to deploy 5G xHaul transport networks in Norway and Denmark.

NEC Wins 2021 Leading Lights Award for ‘Best New 5G Core Product’ and ‘Best New Open RAN Product’

NEC Corporation (NEC; TSE: 6701) today announced that it has been named a winner in the Light Reading 2021 Leading Lights Awards program in the ‘Best New 5G Core Product’ for its cloud-native 4G/5G Converged Core and ‘Best NEW Open RAN Product’ category for its 5G massive MIMO radio units.

NEC C&C Foundation Awards 2021 C&C Prize

The NEC C&C Foundation today announced that the 2021 C&C Prize will be awarded to two groups for their contributions to developing the neocognitron, a prototype for the core technology of today's artificial intelligence (AI), by applying knowledge of the visual primary cortex in the brain to…

NEC develops face presentation attack detection technology that conforms to ISO standards in iBeta testing

NEC Corporation (NEC; TSE: 6701) announced today the development of a highly accurate face presentation attack detection technology against photos, displays, 3D masks, etc.

NEC to build a transatlantic cable

NEC Corporation (NEC; TSE: 6701) today announced that it has been contracted by Facebook to build an ultra-high performance transatlantic subsea fiber-optic cable connecting the USA and Europe.

NEC's 5G massive MIMO Open RAN radio units awarded TIP's "Requirements Compliant Ribbon"

NEC Corporation (NEC; TSE: 6701) announced today that its Open RAN 5G massive MIMO radio units have been awarded a Telecom Infra Project (TIP) Requirements Compliant Ribbon, and are listed on TIP Exchange.
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NEC Frequently Asked Questions

  • When was NEC founded?

    NEC was founded in 1899.

  • Who are NEC key executives?

    NEC's key executives are Takashi Niino, Norihiko Ishiguro and Nobuhiro Endo.

  • How many employees does NEC have?

    NEC has 114,714 employees.

  • What is NEC revenue?

    Latest NEC annual revenue is ¥3.1 t.

  • What is NEC revenue per employee?

    Latest NEC revenue per employee is ¥27 m.

  • Who are NEC competitors?

    Competitors of NEC include AireSpring, Hitachi and Nokia.

  • Where is NEC headquarters?

    NEC headquarters is located at 7-1, Shiba 5-chome Minato-ku, Tokyo.

  • Where are NEC offices?

    NEC has offices in Tokyo, Lincolnshire, Palo Alto, Irving and in 66 other locations.

  • How many offices does NEC have?

    NEC has 73 offices.