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NEC Corp (6701.T)

6701.T on Tokyo Stock Exchange

297JPY
22 Sep 2017
Change (% chg)

¥1 (+0.34%)
Prev Close
¥296
Open
¥295
Day's High
¥297
Day's Low
¥294
Volume
7,526,000
Avg. Vol
8,280,880
52-wk High
¥331
52-wk Low
¥255

Latest Key Developments (Source: Significant Developments)

NEC Corp's sales in April-September half expected to rise about 10 pct - Nikkei
Wednesday, 20 Sep 2017 01:12pm EDT 

Sept 20 (Reuters) - Nikkei::NEC Corp expected to see its group operating profit remain roughly unchanged on the year at about 4 billion yen in April-September half - Nikkei‍​.NEC Corp is believed to be on track to post an increase in both sales and profit over the full year‍​ - Nikkei.NEC Corp's sales in the April-September half are expected to rise about 10 percent to 1.3 trillion yen or so - Nikkei.  Full Article

Nissan Motor says business transfer and to sell unit
Tuesday, 8 Aug 2017 03:23am EDT 

Aug 8(Reuters) - Nissan Motor Co Ltd <7201.T>:Says the company will acquire 49 percent stake in Automotive Energy Supply Corporation (AESC) from NEC Corp <<<6701.T>>> and NEC Energy Devices Ltd, on the last day of December, and AESC will be a wholly owned unit of the company after the transaction .Says after the share acquisition, it will transfer pouch type lithium-ion battery business concerned product development, technology development and production technology related business to AESC and AESC will transfer battery pack (for EV use) production business to the company, effective Dec. 31.Says it will sell 100 percent voting power in AESC to GSR Electric Vehicle (UK) Holding Limited, price undisclosed, effective Dec. 31 .  Full Article

NEC Corp in final talks to sell battery electrode subsidiary - Nikkei‍​
Wednesday, 2 Aug 2017 01:09pm EDT 

Aug 2 (Reuters) - Nikkei::NEC Corp is in final talks to sell its battery electrode subsidiary to chinese investment group GSR - Nikkei‍​.NEC Corp has apparently offered to sell NEC Energy devices for about 15 billion yen - Nikkei‍​.  Full Article

NEC and Sumitomo Corp to sign a contract worth 19 bln yen for satellite launch project in Vietnam - Nikkei
Wednesday, 26 Jul 2017 05:51pm EDT 

July 27 (Reuters) - Nikkei-:NEC and Sumitomo Corp to sign a contract worth 19 billion yen for a satellite launch project in Vietnam - Nikkei.  Full Article

Japan's NEC weighs 900 mln stg bid for UK's Civica - Sky News
Thursday, 13 Jul 2017 01:43pm EDT 

July 13 (Reuters) - :Japanese technology giant NEC lines up 900 million stg bid for UK's Civica - Sky News.  Full Article

NEC Corp secures orders to install bus-related systems in India- Nikkei
Tuesday, 11 Jul 2017 03:48pm EDT 

July 12 (Reuters) - Nikkei::NEC Corp has won orders totaling about 6 billion yen to install electronic fare collection and other bus-related systems in four Indian cities.  Full Article

NEC Corp plans to sell portion of stake in Renesas Electronics-Nikkei
Monday, 5 Jun 2017 01:29pm EDT 

June 5 (Reuters) - Nikkei::NEC Corp plans to sell portion of stake in Renesas Electronics, sale is expected to bring in more than 5 billion yen ($45.2 million) for Co - Nikkei.NEC corp's voting stake in Renesas is expected to fall from 8.9 percent to the 6 percent range - Nikkei.Proceeds from Renesas divestment will boost NEC's free cash flow for current fiscal year, which looks likely to exceed 90 billion yen - Nikkei.NEC's forecast of 10 percent rise in group net profit for current fiscal year ending March 2018 does not take into account Renesas divestment - Nikkei.  Full Article

R&I affirms NEC's rating at "A-" and says stable outlook-R&I
Wednesday, 31 May 2017 01:53am EDT 

May 31 (Reuters) - NEC Corp <6701.T>:* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-"-R&I.* Rating outlook stable-R&I.  Full Article

Seven-Eleven Japan to limit access to personal information by partnering with NEC Corp - Nikkei
Monday, 29 May 2017 01:02pm EDT 

May 29 (Reuters) - Nikkei : :Seven-Eleven Japan will limit access to personal information held in retailer's stores by using facial recognition technology from NEC Corp - Nikkei.Seven-Eleven Japan intends to use NEC's facial recognition system with trials to begin in Sept, and co targeting spring 2018 introduction - Nikkei.  Full Article

NEC Networks & System Integration appoints chairman and president
Wednesday, 26 Apr 2017 10:59pm EDT 

April 27 (Reuters) - NEC Networks & System Integration Corp <1973.T>:* Says it appointed current president Masao Wada as new chairman .* Says it appointed Yushi Ushijima as new president .* Effective June 23.  Full Article

BRIEF-NEC Corp's sales in April-September half expected to rise about 10 pct - Nikkei

* NEC Corp expected to see its group operating profit remain roughly unchanged on the year at about 4 billion yen in April-September half - Nikkei‍​