Last $3.37 USD
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As of 8:10 PM 10/28/14 All times are local (Market data is delayed by at least 15 minutes).

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08/6/14 - $3.82
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nec corp (NIPNF) Details

NEC Corporation provides social and IT solutions worldwide. The company offers systems integration services, such as systems implementation and consulting services; maintenance and support services; outsourcing/cloud services; and system equipment to government, public, healthcare, finance, media, manufacturing, retail, and services sectors. It also provides network infrastructure, such as backbone network systems comprising optical transmission systems, submarine cable systems, and routers/switches; and access network systems, including wireless broadband access systems, PASOLINK mobile backhaul systems, and FTTx broadband access systems to telecom carriers. In addition, the company offers services and management for telecom operations and management solutions, network operation support systems, business support systems, network control platform systems, and network service delivery platform systems. Further, it 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, including integrated operation management, application servers, security, and database software products. Additionally, the company provides smart energy products, including electrodes/energy storage systems, energy management systems, EV/PHV charging infrastructure, and solutions for utilities; smartphones and mobile phones; BIGLOBE Internet services; and lighting equipment, as well as supplies lithium-ion grid energy storage systems. NEC Corporation has a strategic partnership with Wireless Solutions Limited; and HP for the integration of technology, as well as to deliver networking solutions to enterprise customers. 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.

100,914 Employees
Last Reported Date: 04/28/14
Founded in 1899

nec corp (NIPNF) Top Compensated Officers

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nec corp (NIPNF) Key Developments

NEC Corporation Reports Earnings Results for the Six Months to September 2014; Reaffirms Earnings Guidance for Full Year to March 2015

NEC Corporation reported earnings results for the six months to September 2014. For the period, the company had swung back to profitability after it exited from the smartphone market as part of a broader restructuring. The firm posted a net profit of ¥12.5 billion ($114 million) reversing a ¥26.2 billion loss a year earlier. Operating profit ballooned to ¥21.5 billion from a year-earlier profit of ¥379 million, as the firm cut away its money-losing smartphone unit and focused on conventional handsets. Sales were down 4.2% at ¥1.32 trillion. The company left its earnings forecast unchanged for the full year to March, expecting a net profit of ¥35 billion on sales of ¥3.0 trillion.

NEC Corporation, H1 2015 Earnings Call, Oct 30, 2014

NEC Corporation, H1 2015 Earnings Call, Oct 30, 2014

NEC Corporation and Dacom Collaborate on Precision Farming Solution to Maximize Yields and Reduce Costs

NEC Corporation and Dacom announced the results of a ‘precision farming solution’ trial in Romania that uses environmental sensors and big data analytics software to maximize yields at a reduced cost. By accurately measuring and responding to the variation in growing conditions within each field, the solution helps to minimize fertilizer, pesticide, water and fuel usage and costs while maximizing crop yields. The companies are now working to bring the Crop Decision Support System (DSS) to market, focusing initially on the Europe, Middle East and Africa (EMEA) markets. The solution provides farmers with accurate planting, fertilizer, irrigation, protection and harvesting guidance via a user-friendly application that uses data from in-field soil sensors and weather stations, combined with local weather forecasts and aggregated, regional multi-year agronomy datasets.


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NIPNF Competitors

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Company Last Change
Alcatel-Lucent €2.45 EUR +0.075
Lenovo Group Ltd $11.42 HKD -0.06
LG Display Co Ltd 31,350 KRW -50.00
Sharp Corp/Japan ¥274.00 JPY +7.00
Xerox Corp $13.28 USD +0.47
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Valuation NIPNF Industry Range
Price/Earnings 20.6x
Price/Sales 0.3x
Price/Book 1.4x
Price/Cash Flow 20.7x
TEV/Sales 0.0x

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