sector: Technology ·
industry: IT Services & Consulting ·
NEC Corporation is a Japan-based manufacturer that operates in four business segments. The Information Technology (IT)/Network (NW) Solution segment provides system integration, support and outsourcing services for government offices and communication companies. It also develops, designs and sells hardware, software, network systems and broadcasting systems, among others. The Mobile/Personal Solution segment develops, designs and sells cellular phones and personal computers, as well as provides Internet service under the name BIGLOBE. The Electronic Device segment develops, designs, manufactures, and sells electronic products, including large-scale integrated circuits, general devices, system memories, color liquid crystal displays, capacitors, relays and lithium-ion secondary batteries. The Others segment is engaged in the development, design, manufacturing and sale of monitors and liquid crystal projectors.
BRIEF: For the six months ended 30 September 2009, NEC Corp.'s revenues decreased 22% to Y1.654T. The Company's net loss applic. to Common totaled Y43.71B, vs. an income of Y1.69B. Revenues reflect lower sales especially from network system and electron device business segments. Net loss also reflects unfavorable gross and operating margin, decreased equity gains as well as lower gains on sale of long-term investment in securities.
NEC Corporation
5-7-1 Shiba
Minato-ku TKY 108-8001
P: +813.34541111