NEC Corporation (6701.T) Bundle
Founded in 1899, NEC Corporation has grown into a global ICT leader present in over 160 countries, driven by a clear mission to "orchestrate a brighter world" and a vision to "seize the future together" with society and customers; the company pairs a firm commitment to AI, 5G, and digital transformation with sustainability, corporate governance, and transparent practices to create social value, while its core values of integrity, customer focus and innovation guide solutions that enhance safety, security, fairness and efficiency across communities worldwide.
NEC Corporation (6701.T) Intro
Established in 1899, NEC Corporation (6701.T) is a global leader in information and communications technology (ICT) that pursues social value creation through technology. Operating in over 160 countries, NEC develops solutions across communications, public safety, digital transformation, and infrastructure to promote safety, fairness, and efficiency.
- Mission: 'Orchestrate a brighter world' - leveraging ICT and systems integration to address societal challenges.
- Vision: Realize a society that is safe, secure, fair, and efficient through digital technologies including AI, 5G/6G readiness, cloud, and edge computing.
- Core values: Customer-centricity, integrity, innovation, sustainability, and inclusion.
NEC's strategy centers on technological leadership and platform-based solutions that combine AI, sensing, communications, and system integration. The company emphasizes sustainable business practices and transparent corporate governance to maintain trust among customers, investors, and society at large. For a detailed corporate background, see NEC Corporation: History, Ownership, Mission, How It Works & Makes Money.
| Metric | Latest (Approx.) | Notes |
|---|---|---|
| Fiscal year (reporting) | FY2023/FY2024 (year ending Mar) | Financials reported on a fiscal-year basis ending March 31 |
| Revenue (consolidated) | ~¥3.1 trillion | Includes global sales across public, enterprise, telecom, and software segments |
| Operating income (consolidated) | ~¥180 billion | Reflects higher-margin systems and cloud/AI businesses |
| Net income (attributable to owners) | ~¥140 billion | Subject to FX and one-off items |
| Employees (group) | ~110,000 | Includes global subsidiaries and regional staff |
| Global footprint | Over 160 countries | R&D, sales, system integration, and service operations worldwide |
| R&D investment | ~¥150-200 billion annually | Strong focus on AI, security, and communications technologies |
| Key technology focus | AI, 5G/6G, cloud/edge, cybersecurity, biometrics | Targeting digital transformation and public safety markets |
| Sustainability targets | Carbon neutrality goal & science-based emissions reductions | Energy efficiency, green procurement, circular economy initiatives |
- Strategic growth pillars:
- Public solutions (public safety, NEC Safer Cities)
- Enterprise DX (cloud, AI-driven operations)
- Telecom platforms (5G/IoT, network transformation)
- Platform businesses and B2B software
- Corporate governance highlights:
- Board composition with independent directors and audit committees
- Disclosure policies aligned with global investor standards
- Risk management frameworks covering cybersecurity and supply chain resilience
- Sustainability & social contribution:
- Targets to reduce greenhouse gas emissions and increase renewable energy use
- Programs for digital inclusion, disaster resilience, and public health support
- Integration of ESG criteria into capital allocation and product development
NEC Corporation (6701.T) - Overview
NEC Corporation (6701.T) centers its corporate purpose on orchestrating a brighter world by applying information and communication technologies to deliver social value - safety, security, fairness, and efficiency - across society. The company's mission frames technology not as an end in itself but as an instrument to address public challenges, improve quality of life, and harmonize complex systems into coherent, resilient solutions.- Mission focus: leverage ICT to promote safety, security, fairness, and efficiency in public and private sectors.
- Strategic orientation: integrate digital platforms, biometrics, AI, and network infrastructure to create social value.
- Operational reach: align R&D, partnerships, and deployments to measurable public-benefit outcomes (disaster resilience, public safety, digital inclusion).
- Domain emphasis: Public safety & smart cities, telecommunications infrastructure, enterprise IT modernization, and digital identity/border management.
- Social outcomes targeted: reduced disaster response times, improved public-safety detection and prevention, enhanced citizen access to services, and equitable digital infrastructure.
| Metric | Figure (approx.) | Notes |
|---|---|---|
| Annual revenue (consolidated) | ¥3.0-3.3 trillion | Group consolidated sales across NEC businesses (ICT platforms, network services, public solutions). |
| Operating income | ¥140-¥220 billion | Reflects profitability after core business expenses; varies with large system projects and FX. |
| Net income attributable to owners | ¥90-¥160 billion | Impacted by non-operating items and one-off gains/losses. |
| R&D and capital investment (annual) | ¥120-¥200 billion | Covers AI, biometrics, 5G/6G research, public-safety systems, and platform development. |
| Employees (global) | ~110,000-120,000 | Engineers, researchers, sales and services personnel across Asia, Americas, EMEA, and Japan. |
| Global footprint | Operations in 150-170+ countries | Local subsidiaries, partners, and project deployments for governments and enterprises. |
- Public-safety deployments: biometric/face-recognition and pattern-detection systems used in law enforcement, transport hubs, and event security.
- Smart city projects: integrated platforms for traffic management, energy optimization, and disaster response coordination.
- Telecom infrastructure: transport and 5G/6G trial platforms that enable resilient, high-capacity connectivity for critical services.
- Ethical AI & privacy safeguards: policy frameworks and technical controls to govern biometric and AI applications.
- Partnerships & public procurement: collaborating with governments, multilateral organizations, and industry to scale solutions.
- Measurable social metrics: adoption rates of public-safety solutions, response-time improvements in disasters, and service-coverage metrics in smart-city pilots.
NEC Corporation (6701.T) - Mission Statement
NEC Corporation (6701.T) frames its mission around enabling a sustainable, inclusive society by leveraging information and communications technologies to solve social challenges. The company's stated purpose is to create social value through collaboration with governments, enterprises, and communities-translating high-level technology capabilities into real-world outcomes such as safer cities, resilient infrastructures, and equitable digital inclusion. Vision Statement NEC's vision is to 'seize the future together' with society and customers, aiming to realize a sustainable society where everyone has the chance to reach their full potential. This vision emphasizes collaboration with stakeholders to build a future that is inclusive and sustainable. By focusing on societal needs, NEC aims to create environments where individuals and communities can thrive. The vision statement reflects NEC's long-term commitment to societal development and environmental stewardship. Over time, this vision has guided NEC's strategic initiatives, aligning its technological advancements with the goal of societal betterment. The emphasis on 'seizing the future together' underscores NEC's collaborative approach to shaping a better world. Mission-driven strategic focus (high-level pillars)- Societal Value Creation: prioritize projects that reduce risk, enhance public safety, and expand access to services.
- Customer Co-creation: work jointly with governments and enterprises to design domain-specific solutions (public safety, telecom, energy, finance, healthcare).
- Sustainable Innovation: invest in technologies (AI, biometrics, 5G/6G, cloud, edge computing) that lower environmental impact and improve resilience.
- Global-Local Execution: coordinate global R&D and delivery while tailoring deployments to local regulatory and social contexts.
- Integrity and Trust - rigorous ethics in data, privacy, and systems reliability.
- Customer Success - long-term partnerships and outcome-oriented KPIs.
- Innovation for Society - channel R&D toward measurable social outcomes.
- Diversity & Inclusion - enabling opportunities across communities and within the workforce.
- Sustainability - commitment to carbon reduction, circularity, and resilient infrastructure.
| Metric | Value (approx.) | Context / Relevance |
|---|---|---|
| Global employees | ~110,000 | Delivery capacity across 160+ countries; enables local co-creation and global R&D transfer. |
| Annual revenue (group, FY recent) | ~3.0 trillion JPY | Scale of operations funds sustained investment in societal solutions and platform businesses. |
| R&D and capital investment (annual) | ~100-150 billion JPY | Supports AI, biometrics, network tech and sustainable systems aligned with mission. |
| Carbon neutrality target | Net-zero operational emissions by 2050 (mid-/near-term targets in place) | Direct linkage between sustainability goals and product/service roadmaps. |
| Public safety & biometrics deployments | Deployed in 100+ large-scale projects globally | Examples: national ID programs, border control, urban sensing-core to mission of societal security. |
| Market capitalization (approx.) | Varies; typically several hundred billion JPY | Reflects investor recognition of NEC's platform role in digital infrastructure and social solutions. |
- Smart City Platforms - integrated systems combining video analytics, IoT, and AI to reduce crime, improve traffic flow, and optimize energy; pilot projects report double-digit reductions in emergency response times and notable efficiency gains for utilities.
- Public Safety and Identity - biometric and multimodal authentication solutions used in national-scale deployments to increase verification speed and reduce identity fraud.
- Telecom Infrastructure - NEC's 5G/edge solutions enable lower-latency services for industries and public-sector applications, supporting societal-critical communications.
- Enterprise Digitalization - cloud-native systems and AI-driven operations improve productivity and resilience across sectors, aligning commercial outcomes with social impact.
| Area | Representative Impact | Source / Note |
|---|---|---|
| Emergency response | Response time reductions of 10-30% in implemented smart city pilots | Project-level reported outcomes from municipal deployments. |
| Identity verification | Throughput increases: identity check times reduced from minutes to seconds in large-scale systems | Large national/transportation implementations using NEC biometrics. |
| Energy efficiency | Operational savings of 5-15% in buildings and infrastructure managed via NEC IoT/AI platforms | Measured across multiple enterprise and public-sector clients. |
- Collaborative programs with governments and international organizations to scale solutions for public good.
- Partnerships with telcos and cloud providers to embed NEC platforms into critical infrastructure.
- Investor engagement emphasizing sustainable growth, margin improvement in platform businesses, and clear KPIs for social impact.
NEC Corporation (6701.T) Vision Statement
NEC Corporation (6701.T) articulates a vision to 'orchestrate a brighter world' by leveraging IT and network technologies to solve social challenges, enable digital transformation, and build resilient, inclusive societies. This vision aligns with measurable commitments across business performance, R&D investment, and human capital to drive societal impact.- Integrity: Conduct business ethically and transparently to maintain trust with stakeholders and public institutions.
- Customer focus: Prioritize deep customer insight and co-creation to deliver solutions that meet evolving societal and enterprise needs.
- Innovation: Invest in advanced research and development to produce technologies-AI, 5G/6G, biometric ID, cloud, and cybersecurity-that address complex problems.
- Governance and compliance mechanisms to ensure ethical conduct and transparency across global operations.
- Customer-centric programs including joint innovation centers, industry-specific solutions, and long-term service contracts.
- R&D and open innovation initiatives partnering with universities, startups, and public-sector organizations to accelerate commercialization.
| Metric | Value | Period / Note |
|---|---|---|
| Consolidated Revenue | ¥3,148.7 billion | FY2023 (year ended Mar 2024) |
| Operating Income | ¥217.6 billion | FY2023 |
| Net Income attributable to owners | ¥131.2 billion | FY2023 |
| R&D Expenditure | ¥156.3 billion | FY2023 |
| Employees (consolidated) | 110,167 | As of Mar 31, 2024 |
| Market Capitalization | ¥1.2 trillion | Approx. Dec 2024 |
- Public safety & digital identity: Deploy biometric identification and integrated public-safety platforms to enhance societal security.
- Telecom infrastructure: Advance 5G/6G and open RAN solutions to support resilient, high-capacity networks.
- Enterprise transformation: Provide AI-driven analytics, cloud migration, and secure IT/OT integration for customers across industries.
- Sustainability & social value: Tie business targets to environmental and social KPIs, including energy-efficient solutions and digital inclusion programs.

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