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    6701   JP3733000008

NEC CORPORATION

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11/09/2021 | 10:05pm EST

Integrated2021Report

NEC creates the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential.

NEC Way

Our Stance as a Company

Purpose

NEC creates the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential.

Principles

The Founding Spirit of "Better Products, Better Services," Uncompromising Integrity and Respect for Human Rights, and Relentless Pursuit of Innovation

The NEC Way is a common set of

values that form the basis for how the

entire NEC Group conducts itself.

Our Stance as Good Businesspeople

Code of Values

Code of Conduct

NEC Integrated Report 2021

01

By putting the NEC Way into practice, we will create social value.

Since its founding, NEC has worked to provide social value by putting forth its own unique approach to each era.

We will pursue innovation and work to realize NEC's Purpose, with the goal of living harmoniously with the earth and creating mutual understanding between people,

no matter the era, no matter the conditions.

02

NEC 2030VISION

Life

Global warming, the destruction of the environ-

ment, food and water shortages, energy issues,

­economic disparities-these are some of the many

global issues that stand in the way of realizing our

vision of society. To realize our Purpose in a time of

rapid social change, we have put together NEC

2030VISION as a compass to indicate the business

direction and path for NEC to follow.

Society

Environment

Changing Consumer Needs

Consumer needs can be categorized into three layers. At the base is "Environment," which forms the foundation of life for all people and organisms on earth. Above that is "Society," the basis on which cities, work, and communication are supported. The highest layer is "Life," which ­supports and improves the comfort and lifestyles of consumers in their daily lives. These three layers are our starting points for value creation.

Society

Environment

NEC Integrated Report 2021

03

Bringing people together and filling

each day with inspiration

Fostering mental and physical well-being and long life

Improvement of lifestyle

Free and open learning opportunities

Nurturing prosperous cities with inclusive

and harmonious societies

Creating sustainable societies

by shaping new industries and workstyles Sharing hopes that transcend time, space, and generational boundaries

Democratization of data use

Social stability through data democratization

Free and equal communication services

Cities without traffic congestion and accidents

Government services from the consumer's perspective

Safe and secure cyberspace

Closing the gap in employment opportunities

Living harmoniously with the earth

to secure the future

Realization of a decarbonized society

Implementation of global warming countermeasures

Guaranteeing food and water security

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

NEC Corporation published this content on 10 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2021 03:04:09 UTC.


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Financials
Sales 2022 3 035 B 26 541 M 26 541 M
Net income 2022 78 430 M 686 M 686 M
Net Debt 2022 107 B 936 M 936 M
P/E ratio 2022 17,0x
Yield 2022 2,02%
Capitalization 1 373 B 12 020 M 12 010 M
EV / Sales 2022 0,49x
EV / Sales 2023 0,43x
Nbr of Employees 114 714
Free-Float -
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NEC Corporation Technical Analysis Chart | 6701 | JP3733000008 | MarketScreener
Technical analysis trends NEC CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 14
Last Close Price 5 040,00 JPY
Average target price 6 810,71 JPY
Spread / Average Target 35,1%
EPS Revisions
Managers and Directors
Takayuki Morita President, CEO & Representative Director
Nobuhiro Endo Deputy General Manager-Mobile Network Business
Motoo Nishihara Manager-Cloud System Research Laboratories
Hiroshi Kodama Chief Information Officer
Shinobu Obata Chief Legal & Compliance Officer
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