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nec corp (6701) Details

NEC Corporation provides social and IT solutions worldwide. It operates through Public, Enterprise, Telecom Carrier, and System Platform segments. It offers broadcast products, including cameras, codecs, network interfaces and converters, switchers, multiplexers, signal distribution modules, transmitters, and frames and boards; industrial computers and thin client solutions; fiber optic devices; and integrated IT infrastructure products. The company also provides network infrastructure products, such as optical transmission systems, submarine cable systems, routers/ switches, mobile phone base stations, and mobile backhaul solutions; telecom operations and management solutions and services/solutions for telecom carriers; and systems integration services, such as systems implementation and consulting services; maintenance and support services; outsourcing/cloud services; and system equipment. In addition, it offers hardware, such as servers, mainframes, supercomputers, storage, business PCs, tablet devices, POS, ATMs, control equipment, wireless LAN routers, displays, and projectors; software, including integrated operation management, application servers, security, and database software; enterprise networks solutions comprising IP telephony systems, WAN/wireless access equipment, LAN products; and data center infrastructure and support services. Further, the company provides smart energy products consisting of electrodes/energy storage systems, energy management systems, and EV/PHV charging infrastructure products, as well as solutions for utilities; and mobile phones and lighting equipment. Additionally, it offers fingerprint scanners, portable DNA analyzers, and terahertz imagers; and social infrastructure products. It has collaboration with Prima BioMed Ltd. 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.

Founded in 1899

nec corp (6701) Top Compensated Officers

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nec corp (6701) Key Developments

NEC Corporation Launches New Millimeter Wave Radio for 5G Backhauling

NEC Corporation announced the launch of the new iPASOLINK EX, an ultra-compact radio communication system that achieves wireless transmission capacity of 10Gbps. This transmission capacity is equivalent to that of optical fibers, making the new product ideal for use in mobile backhaul networks for high-speed mobile services, such as LTE-Advanced and 5G. The new product, adopting E-band range (71-86GHz frequency) millimeter radio waves, achieves low latency and high transmission capacity of 10Gbps with a single band, more than three-times higher than NEC's existing model. In addition, when combined with NEC's "multi-band utilization solution," the new product can deliver further increased transmission capacity by transmitting data over both E-band and other frequency bands. With the new product, mobile operators can effectively increase capacity of macro/small cell backhaul, and fronthaul for Centralized Radio Access networks (C-RAN). The new product's Adaptive Modulation and Bandwidth Radio (AMBR) enable dynamic adjustment of its modulation method and communication bandwidth according to the particular application, weather conditions and communication distance. Thanks to this functionality, the new product makes it possible to maintain high quality network connections even in severe weather conditions.

NEC Corporation and Bristol Is Open Sign Long-Term Partnership to Develop the Open Programmable City

NEC Corporation has announced that it has signed a long-term partnership agreement with Bristol Is Open. The partnership helps NEC to demonstrate new approaches to pervasive digital connectivity at city-scale, combined with its aim to create new social value for the changing world of tomorrow. It helps Bristol Is Open to further its goal of creating the world's first open programmable city with a city-wide digital fabric that includes fibre in the ground, an experimental wireless mile, and a Radio Frequency (RF) mesh that covers the vast majority of the city.

NEC Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended December 2015

NEC Corporation reported earnings results for the third quarter and nine months ended December 2015. For the quarter, the company reported net sales of JPY 641 billion, operating income of JPY 4.9 billion, ordinary income of JPY 3.8 billion and net income of JPY 100 million. Profit attributable to owners of the parent for the third quarter ended December 31, 2015 was JPY 124 million, or JPY 0.05 per basic share, compared to JPY 10.31 billion, or JPY 3.97 per basic share, for the same quarter ended December 31, 2014. For the nine months, the company reported net sales of JPY 1,949,100,000,000, operating income of JPY 18.3 billion and net income of JPY 300 million. Profit attributable to owners of the parent for the nine months ended December 31, 2015 was JPY 342 million, or JPY 0.13 per basic share, compared to JPY 22.76 billion, or JPY 8.76 per basic share, for the same period ended December 31, 2014.


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Valuation 6701 Industry Range
Price/Earnings 20.1x
Price/Sales 0.2x
Price/Book 0.8x
Price/Cash Flow 19.9x
TEV/Sales NM Not Meaningful

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