NEC Corporation (6701.T)

10,775.00 +35.00 (+0.33%) At close: 03:15PM JST

NEC Corporation

7-1, Shiba 5-chome
Minato-ku
Tokyo 108-8001
Japan
81 3 3454 1111
https://www.nec.com

Sector(s): Technology
Industry: Information Technology Services
Full Time Employees: 118,527

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Takayuki Morita	President, CEO & Representative Director	117M	N/A	1960
Mr. Osamu Fujikawa	Corporate EVP, CFO & Director	N/A	N/A	1965
Masakazu Yamashina	Corporate Senior EVP & Co-COO	N/A	N/A	N/A
Mr. Kazuhiro Sakai	Corporate Senior EVP & Co-COO	N/A	N/A	N/A
Mr. Motoo Nishihara	Corporate EVP, CTO & President of Global Innovation Business Unit	N/A	N/A	1962
Hiroshi Kodama	Corporate EVP, CIO, CISO and MD of Corporate IT & Digital Division	N/A	N/A	N/A
Yuko Yamamoto	Corporate SVP, Chief Legal & Compliance Officer and MD of Legal & Compliance Division	N/A	N/A	N/A
Mayuko Tatewaki	Corporate SVP and MD of Marketing & Alliance Promotion Division	N/A	N/A	N/A
Daisuke Horikawa	Corporate EVP, Chief Human Resources Officer and MD of People & Culture Division	N/A	N/A	N/A
Yutaka Ukegawa	Corporate EVP & President of Cross-Industry Business Unit	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in JPY.

Description

NEC Corporation provides information and communication technology solutions in Japan and internationally. It operates through five segments: Public Solutions Business, Public Infrastructure Business, Enterprise Business, Network Services Business, and Global Business. It provides systems integration services, including systems implementation and consulting; maintenance and support services; outsourcing and cloud services; and system equipment. The company also offers network infrastructure products comprising core network equipment, mobile phone base stations, optical transmission systems, and routers and switches; and services and management solutions, such as operation support system (OSS), business support system (BSS), and services. In addition, it provides digital government and digital finance solutions; software services for service providers, including OSS/BSS; and network infrastructure comprising submarine systems and wireless backhaul. Further, the company offers business computers, servers, NEC HPC solutions, and thin client solutions; data storage solutions; embedded systems; fiber optic devices; CONNEXIVE, an IoT platform software; PASOLINK, a mobile backhaul; optical fiber sensing products; submarine systems; and open optical transport products. Additionally, it provides EXPRESSCLUSTER X, a BC/DR solutions; NIAS, a solution for file server management; ERP solutions; MasterScope, an integrated administration software suite; Obbligato, a product lifecycle management; SaaS Solutions; WebOTX, a service execution platform; and unified communications and collaboration solutions. It serves aerospace, agriculture, aviation, broadcasting, finance, government, healthcare, hospitality, logistics, manufacturing, retail, telecom, and transportation industries. The company was formerly known as Nippon Electric Company, Limited and changed its name to NEC Corporation in April 1983. NEC Corporation was incorporated in 1899 and is headquartered in Tokyo, Japan.

Corporate Governance

NEC Corporation’s ISS Governance QualityScore as of April 1, 2024 is 6. The pillar scores are Audit: 9; Board: 4; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.