Last ¥393.00 JPY
Change Today +4.00 / 1.03%
Volume 19.4M
6701 On Other Exchanges
As of 2:00 AM 07/28/14 All times are local (Market data is delayed by at least 15 minutes).

nec corp (6701) Snapshot

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07/28/14 - ¥396.00
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09/2/13 - ¥208.00
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nec corp (6701) Details

NEC Corporation provides social and IT solutions worldwide. The company offers systems integration services, such as systems implementation and consulting services; maintenance and support services; outsourcing/cloud services; and system equipment to government, public, healthcare, finance, media, manufacturing, retail, and services sectors. It also provides network infrastructure, such as backbone network systems comprising optical transmission systems, submarine cable systems, and routers/switches; and access network systems, including wireless broadband access systems, PASOLINK mobile backhaul systems, and FTTx broadband access systems to telecom carriers. In addition, the company offers services and management for telecom operations and management solutions, network operation support systems, business support systems, network control platform systems, and network service delivery platform systems. Further, it provides hardware products, such as servers, mainframes, supercomputers, storage products, business PCs, tablet devices, POS, ATMs, control equipment, wireless LAN routers, displays, and projectors; and software products, including integrated operation management, application servers, security, and database software products. Additionally, the company provides smart energy products, including electrodes/energy storage systems, energy management systems, EV/PHV charging infrastructure, and solutions for utilities; smartphones and mobile phones; BIGLOBE Internet services; and lighting equipment, as well as supplies lithium-ion grid energy storage systems. NEC Corporation has a strategic partnership with Wireless Solutions Limited; and HP for the integration of technology, as well as to deliver networking solutions to enterprise customers. The company was formerly known as Nippon Electric Company, Limited and changed its name to NEC Corporation in April 1983. NEC Corporation was founded in 1899 and is headquartered in Tokyo, Japan.

100,914 Employees
Last Reported Date: 04/28/14
Founded in 1899

nec corp (6701) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

nec corp (6701) Key Developments

NEC Opens New Satellite Integration Center in Tokyo

NEC opened a new facility for the assembly, integration and testing of satellites at its existing plant in Fuchu City, a suburb of Tokyo. The new 'Satellite Integration Center' adds to NEC's Fuchu plant's existing operations, and enables NEC to assemble as many as eight satellites in parallel. Approximately JPY 9.6 billion was invested in the new facility, including the building and its equipment. This investment was partially subsidised by Japan's Ministry of Economy, Trade and Industry's Innovation Center Establishment Assistance Program. NEC invested approximately JPY 7.6 billion in the facility.

Ymens and NEC Corporation Announce Partnership to Develop Government Cloud Services for Romania

Ymens and NEC Corporation announced a partnership to develop government cloud services for Romania. Combining Ymens' in-depth expertise in providing cloud solutions and services in the local market and NEC's secure and proven cloud platform technologies will result in the development of trustworthy cloud services for governmental institutions, which comply with the European Commission's Trusted Cloud Europe framework. Government cloud services have the potential to facilitate the procurement process for public sector buyers from both an IT and business perspective. Cloud computing provides flexibility through its subscription-based model, enabling services to be up-scaled or hibernated in line with staffing levels, demand from end-users or changes to the government's spending priorities. The government cloud can help public authorities reduce procurement cycles and enable end users to benefit from new business solutions. This also translates in a faster upgrade cycle while reducing direct expenditure by governments on IT infrastructure. Under this partnership, Ymens and NEC are building out their Software as a Service (SaaS) platform to offer specialized public sector solutions for boosting service delivery levels for citizens while helping national and local government departments in the cost cutting process. The SaaS platform will be developed with NEC's Cloud Brokerage Suite.

Hewlett-Packard Revives Plans To Sell Stake In Mphasis

Hewlett-Packard Company (NYSE:HPQ) (‘HP’) has revived plans to sell its 60.49% stake in MphasiS Limited (BSE:526299). Sources said the HP had given UBS the job of finding a suitor for Mphasis. Infotech companies and private equity players, including NEC Corporation (TSE:6701) and Fujitsu Limited (TSE:6702), have shown interest in buying the stake.


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Valuation 6701 Industry Range
Price/Earnings 30.4x
Price/Sales 0.3x
Price/Book 1.5x
Price/Cash Flow 30.4x
TEV/Sales 0.1x

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