Market Closed -
Japan Exchange
02:00:00 2024-04-26 am EDT
5-day change
1st Jan Change
10,945
JPY
+1.81%
+1.53%
+31.08%
Apr. 18
SWAT Mobility Japan Co., Ltd. announced that it has received funding from Chubu Electric Power Company, Incorporated, Nippon Express Holdings,Inc., NEC Corporation, The University of Tokyo Edge Capital Partners Co., Ltd.
CI
Apr. 17
Ministry of Movement Pte. Ltd. announced that it has received funding from The University of Tokyo Edge Capital Partners Co., Ltd., Chubu Electric Power Company, Incorporated, Nippon Express Holdings,Inc., NEC Corporation and other investors
CI
NEC : Presentation(3,994KB)
September 14, 2021 at 08:12 pm EDT
Public Solutions Business
September 15, 2021
Executive Vice President
Kunikazu Amemiya
Business Results from FY18 to FY21
2020 Mid-term Management Plan targets were mostly achieved
Adjusted Operating
Margin
9%
7%8%
3%
478.4
425.1
409.3
PC
415.0
(Billion JPY)
Revenue
FY2018
FY2019
FY2020
FY2021
(Planned)
3 ©NEC Corporation 2021
FY20 results were mostly aligned with initial targets
(Billion JPY)
+3.3
+3.5
Drop in FY2019
+2.3
One-time
PC special demand
+3.6
Covid-19
profit
FY2020
▲ 8.5
FY2020
emergency
FY2019
Adjusted
+1.0
Profitability
measures
Adjusted
Sales GP
FY2019
Operating
FY2019
improvement
Operating
decrease
SW asset
Profit
Typhoon
Profit
depreciation
disaster
39.4
34.2
Revenues (YoY) 478.4
425.1 (△11%)
4 ©NEC Corporation 2021
Achievement of 2020 Mid-term Management Plan targets
Execute initiatives to
Reevaluate strategy to adapt to
improve profitability
external environment changes
- Reduction of unprofitable
-
Taking Cost Reduction Measures
transactions and cost of goods
-
Cost-cuts and New Normal solutions
Key
Achievements
NewNormal Solution Case Study
(Remote and Touchless SL)
Challenges
5 ©NEC Corporation 2021
Further improvement in profitability This is an excerpt of the original content. To continue reading it, access the original document here .
Attachments
Original document
Permalink
Disclaimer
NEC Corporation published this content on 15 September 2021 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 15 September 2021 00:11:01 UTC .
SWAT Mobility Japan Co., Ltd. announced that it has received funding from Chubu Electric Power Company, Incorporated, Nippon Express Holdings,Inc., NEC Corporation, The University of Tokyo Edge Capital Partners Co., Ltd.
Apr. 17
CI
Ministry of Movement Pte. Ltd. announced that it has received funding from The University of Tokyo Edge Capital Partners Co., Ltd., Chubu Electric Power Company, Incorporated, Nippon Express Holdings,Inc., NEC Corporation and other investors
Apr. 16
CI
NEC Corporation and Sumitomo Corporation Sign Strategic Partnership Agreement to Expand Global Sales of the CropScope Agricultural ICT Platform
Mar. 28
CI
NEC Considers Selling Data Center Assets for Up to $500 Million, Sources Say
Mar. 17
MT
NEC Reportedly Weighs $500 Million Data Center Sale
Mar. 14
CI
Transgene, NEC Corporation and BostonGene Corporation Expand Collaboration for Phase I/II Clinical Trial of Neoantigen Cancer Vaccine TG4050
Mar. 05
CI
Tranche Update on Japan Aviation Electronics Industry, Limited's Equity Buyback Plan announced on January 29, 2024.
Feb. 29
CI
After Nikkei's record run, investors want to know if Japan has changed for real
Feb. 28
RE
Japan Aviation Electronics Industry, Limited's Equity Buyback announced on January 29, 2024, has closed with 23,851,152 shares, representing 26.16% for ¥62,132.25 million.
Feb. 27
CI
Hong Kong investor files injunction on NEC's JAE stake sale
Feb. 26
RE
NTT DOCOMO, INC and NEC Corporation to Establish "OREX SAI" Joint Venture to Provide Open Ran Global Deployments
Feb. 26
CI
US investor presses Japan Aviation and NEC to cancel buyback, reconsider buyout offers
Feb. 21
RE
Curi RMB asks Japan Aviation and NEC to cancel tender offer
Feb. 21
RE
NEC Corp. Receives Higher Offer for Japan Aviation Electronics Industry
Feb. 15
MT
Japan chipmaker Renesas to buy software company Altium for $5.9 bln
Feb. 14
RE
NEC spurned private equity offers before selling discounted stake in iPhone supplier, sources say
Feb. 14
RE
Supermicro shares jump after revenue forecast raise re-ignites AI rally
Jan. 30
RE
Transcript : NEC Corporation, Q3 2024 Earnings Call, Jan 30, 2024
Jan. 30
Japan Aviation Electronics Shares Slump After NEC's Plan to Cut Stake
Jan. 30
DJ
NEC Reportedly Plans to Cut Stake Japan Aviation Electronics Industry
Jan. 30
CI
Japan to offer $300 million for optical chip tech development
Jan. 29
RE
Japan Aviation Electronics Industry, Limited announces an Equity Buyback for 25,799,906 shares, representing 28.29% for ¥67,208.76 million.
Jan. 29
CI
Japan Aviation Electronics Industry, Limited authorizes a Buyback Plan.
Jan. 28
CI
Amazon's AWS to Invest $13.5 Billion in Japan by 2027
Jan. 21
MT
Super Micro Computer shares surge as AI server demand powers big forecast raise
Jan. 19
RE
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
NEC Corporation specializes in the manufacturing and marketing computing and telecommunication equipments. Net sales break down by activity as follows:
- IT services (53.9%): integration, maintenance, outsourcing, support services, etc.;
- sale of IT infrastructure products and network systems (17%). In addition, the group provides network services;
- sale of digital government and financial services software (14.9%);
- other (12.7%): sale of hardware, mobile telephones, lighting products, energy management and storage systems, etc.
Net sales are distributed geographically as follows: Japan (75%), Asia/Pacific (11.2%), Europe/Middle East/Africa (9.8%) and Americas (4%).
More about the company
Last Close Price
10,750
JPY
Average target price
11,533
JPY
Spread / Average Target
+7.29%
Consensus
1st Jan change
Capi.
+31.08% 18.42B -11.94% 194B +0.95% 167B +3.28% 155B +5.74% 101B +6.17% 76.69B +16.72% 72.08B -7.25% 71.48B -23.37% 50.93B +0.85% 48.89B
Other IT Services & Consulting
+951% of historical performance
More than 20 years at your side
Our Experts are here for you
OUR EXPERTS ARE HERE FOR YOU
Monday - Friday 9am-12pm / 2pm-6pm GMT + 1