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nec corp (6701) Details

NEC Corporation engages in the integration of information technology (IT) and network technologies worldwide. It operates in four segments: Public, Enterprise, Telecom Carrier, and System Platform. The company provides systems integration services, such as systems implementation and consulting; maintenance and support services; outsourcing/cloud services; and system equipment. It also provides network infrastructure products, including core network products, mobile phone base stations, submarine systems comprising submarine cable and ocean observation systems, optical transmission systems, routers/switches, and mobile backhaul products, as well as telecom operations and management solutions, and other services/solutions. In addition, the company 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 that consist of integrated operation management, application servers, and security and database software. Further, it offers enterprise network solutions that include IP telephony systems, WAN/wireless access equipment, and LAN products; data center infrastructure services; and safety products, which include biometric solutions comprising face recognition and fingerprint identification, surveillance products, Smart energy products, and lighting equipment. Additionally, the company engages in the provision of IT services; and manufacturing co-creation program activities. It primarily serves governments, governmental agencies, local governments, public institutions, financial institutions, and other organizations, as well as telecom carriers. 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

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nec corp
NEC Corporation and Macromill, Inc. Announces Launch of an Advanced Data Utilization Collaboration to Maximizes Artificial Intelligence

NEC Corporation and Macromill, Inc. announced the launch of an advanced data utilization collaboration that maximizes artificial intelligence to help companies execute highly sophisticated marketing activities. Aiming to launch services in 2019, the two companies so far have developed demonstration experiments that focus on two key points. Firstly, the expansion of consumer data using Customer Profile Estimation Technology that compensates for data gaps using NEC's AI techniques. Secondly, an analysis of consumer preferences utilizing NEC's Remote Gaze Detection Technology, which detects the points that attract a consumer's eyes, and the duration of gaze. Through partnership, NEC and Macromill will help clients improve marketing activities. This in turn will provide a better experience for the end consumer. They will do this by enabling companies to: Develop more accurate marketing campaigns through consumer data expansion: Macromill's consumer data will be expanded, and any gaps in the data will be compensated for using NEC's CPET and by leveraging existing consumer profiles and purchase data. By estimating and expanding data sources, NEC and Macromill will provide the information and insights companies need to develop more precise marketing activities. Gain a deeper understanding of consumers' preference tendencies: NEC's sensing technologies such as RGDT, will be combined with Macromill's on-site research solution CLT to detect the line-of-sight of survey participants. This will allow marketers to undertake a more rigorous analysis of consumer preferences compared to data obtained from questionnaires only. In addition, the integration of the power of factual data obtained from Macromill's electroencephalographic (EEG) data analysis and subjective awareness survey results will give companies a far deeper understanding of consumer needs than is currently possible. Enable sophisticated marketing activities for everyone: The extensive consumer data owned by Macromill and NEC's dotData - Predictive Analytics Automation will allow for more sophisticated corporate marketing activities. The partners will provide precise data analysis support to companies that already own marketing data as well as those without it. This resource means any company can optimize marketing activities - even if they don't generate own data.

NEC Corporation Announces Unaudited Consolidated and Non-Consolidated Earnings Results for the Fiscal Year Ended March 31, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019 and Year Ending March 31, 2021

NEC Corporation announced unaudited consolidated and non-consolidated earnings results for the fiscal year ended March 31, 2018. For the year, on consolidated basis, the company reported revenue was JPY 2,844.4 billion against JPY 2,665.0 billion a year ago. Operating profit was JPY 63.9 billion against JPY 41.8 billion a year ago. Income before income taxes was JPY 86.9 billion against JPY 68.1 billion a year ago. Net profit attributable to owners of the parent was JPY 45.9 billion or JPY 176.54 per basic and diluted share against JPY 27.3 billion or JPY 10.51 per basic share a year ago. Net cash provided by operating activities was JPY 129,981 million. Purchases of property, plant and equipment was JPY 43,253 million. Acquisitions of intangible assets was JPY 10,134 million. For the year, on non-consolidated basis, the company reported net sales of JPY 1,574.4 billion against JPY 1,679.4 billion a year ago. Operating loss was JPY 32,022 million. Income before income taxes was JPY 20,806 million. Net income was JPY 34.0 billion or JPY 130.71 per share against JPY 9.5 billion or JPY 3.65 per share a year ago. For the year ending March 31, 2019, the company expects operating profit of JPY 150 billion. For the year ending March 31, 2021, the company expects revenue of JPY 3,000 billion. Operating profit ratio is expected to be 5%. Net profit is expected to be JPY 90 billion. Free cash flow is expected to be JPY 100 billion. Return on Equity is expected to be 10%.

NEC Corporation Announces Global Release of New Express5800/A2000 Series of Enterprise Servers

NEC Corporation announced the global release of a new Express5800/A2000 Series of enterprise servers for Windows and Linux operating systems with the latest Intel Xeon Scalable Family (up to 28 CPU cores) and suitable for mission critical systems and processing Big Data.


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Valuation 6701 Industry Range
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