NEC Corp.

Company Snapshot

Founded: 1899
Entity Type: Public
Employees: 104,194
Region: Japan
Revenue: $22,491.9 Millions
Revenue Year: 2024
Segment: IT Services
Headquarter: Tokyo , Japan
Key Geographics: Japan, North America, Latin America, Europe, Middle East and Africa, Asia-Pacific, China, East Asia
Corporate Address: 7-1, Shiba 5-chome, Minato-ku, Tokyo 108-8001 Japan Tel. +81-3-3454-1111 www.nec.com

Company Overview

The NEC Corp. operates through two primary reportable segments: IT Services and Social Infrastructure. 

  • The IT Services segment encompasses systems integration, which includes systems implementation and consulting, as well as maintenance and support, outsourcing/cloud services, system equipment and software services. 
  • The social infrastructure segment focuses on network infrastructure, offering solutions such as core networks, mobile phone base stations, optical transmission systems and submarine systems tailored for the telecommunications industry. This segment also provides system equipment systems integration, including systems implementation and consulting, along with maintenance and support services for the aerospace and defense sectors. 
  • Further, activities related to the development, manufacturing and sales of system equipment are primarily classified under “Others.” 

NEC manages its global operations based on geographic segments, consisting of Japan, China, East Asia, Asia-Pacific, Europe, the Middle East, Africa, North America and Latin America.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
Operating Income: ***

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NEC Corp. In Reports

Smart Transportation: Technologies and Markets

BCC Research Market Analyst says global smart transportation market was valued at $152.6 billion in 2023. The market is expected to grow from $181.7 billion in 2024 to $484.5 billion by 2029.

Global Private 5G Network Market

BCC Research Market Analyst says private 5g network market is projected to reach $22.2 billion by 2029, growing at a CAGR of 46.8%.

Smart Parking Technologies and Global Markets

BCC Research Market Analyst says global market for smart parking technologies is expected to increase from $38.7 billion in 2023 to $88.8 billion by the end of 2028 with a CAGR of 18.1%.

Company's Business Segments

  • IT Services : Systems Integration, Systems Implementation, Consulting, Maintenance, Support Outsourcing, Cloud Services, System Equipment Software Services.
  • Social Infrastructure : Telecommunications Services, Network Infrastructure, Core Network, Mobile Phone Base Stations, Optical Transmission Systems, Submarine Systems, Software and Services for Telecom Operators, Aerospace, Defense, System Equipment, Systems Integration, Systems Implementation, Consulting, Support, Maintenance.
  • Others : Healthcare, Life-related Businesses, Consolidated Domestic Subsidiaries.

Applications/End User Industries

  • Healthcare
  • Telecommunications
  • Aerospace
  • Defense
  • Systems Integration
  • Systems Implementation
  • Consulting
  • Maintenance
  • Support Outsourcing
  • Cloud Services
  • System Equipment Software Services
  • System Equipment
  • Network Infrastructure
  • Mobile Phone Base Stations
  • Optical Transmission Systems
  • Submarine Systems
  • Life-related Businesses
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