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Market : Tokyo | Stock Code : 6701 | ISIN : JP3733000008 | Sector : Electric Appliances
Company Description

NEC's strengths lie in its technologies for supporting social infrastructure and mission-critical systems.

The company has positioned Digital Government/Digital Finance, Global 5G and Core DX as growth businesses for achieving further global growth.

Through these business activities, NEC contributes to advancing the social values of safety, security, fairness and efficiency to promote a more sustainable world.

Representative Directors
President and CEO (Representative Director) Takayuki Morita
Corporate Executive Vice President and CFO, Member of the Board (Representative Director) Osamu Fujikawa
Share Data
26/05/2023
Currency JPY
Closing Price 6,470.0
Change (%) 1.09
Volume (thousands) 1,054
Number of Shares (thousands) 272,850
Market Cap (mil) 1,765,338.61
Company Description

NEC's strengths lie in its technologies for supporting social infrastructure and mission-critical systems.

The company has positioned Digital Government/Digital Finance, Global 5G and Core DX as growth businesses for achieving further global growth.

Through these business activities, NEC contributes to advancing the social values of safety, security, fairness and efficiency to promote a more sustainable world.

Representative Directors
President and CEO (Representative Director) Takayuki Morita
Corporate Executive Vice President and CFO, Member of the Board (Representative Director) Osamu Fujikawa
Share Data
26/05/2023
Currency JPY
Closing Price 6,470.0
Change (%) 1.09
Volume (thousands) 1,054
Number of Shares (thousands) 272,850
Market Cap (mil) 1,765,338.61

Key Figures (Millions of Yen)
For the year ended March 31:

2021
(IFRS)

2022
(IFRS)

2023
(IFRS)
Revenue 2,994,023 3,014,095 3,313,018
Operating profit 153,759 132,525 170,447
Adjusted Operating profit (loss) 178,236 170,999 205,516
Net profit 149,606 141,277 114,500
Adjusted Net Profit (loss) 165,378 167,226 138,551
Cash flows from operating activities 274,907 147,517 152,127
Cash flows from investing activities (122,491) (63,377) (49,591)
Free cash flows 152,416 84,140 102,536
R&D expenses 114,600 126,300 121,400
Capital expenditures 57,600 59,300 67,600
Depreciation 122,800 123,100 130,200
Net profit per share (yen) 557.18 518.54 424.51
Adjusted Net profit (loss) per share (yen) 615.92 613.79 513.68
Cash dividends per share (yen) 90.00 100.00 110.00
Equity attributable to owners of the parent per share (yen) 4,800.67 5,555.04 6,096.59
At March 31:      
Total assets 3,668,564 3,761,733 3,984,050
Owner's equity 1,308,151 1,513,503 1,623,817
Return on equity (%) 13.5 10.0 7.3
Owner's equity ratio (%) 35.7 40.2 40.8
Number of employees 114,714 117,418 -

Note: Owner's equity refers to equity attributable to owners of the parent.


Major Shareholders (Top 10)
(as of September 30, 2022)
Rank Name of Shareholder % of Shares of
Common Stock
Held
1 The Master Trust Bank of Japan, Ltd. (Trust Account) 15.68%
2 Custody Bank of Japan, Ltd. (Trust Account) 7.51%
3 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 4.80%
4 Sumitomo Life Insurance Company 2.07%
5 STATE STREET BANK WEST CLIENT – TREATY 505234 1.76%
6 NEC Employee Shareholding Association 1.51%
7 STATE STREET BANK AND TRUST COMPANY 505001 1.41%
8 JP MORGAN CHASE BANK 385781 1.30%
9 GOVERNMENT OF NORWAY 1.21%
10 JPMorgan Securities Japan Co., Ltd. 1.09%

Note: The shareholding ratio is calculated by excluding the number of treasury stock (1,805,474 shares).