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NEC Corp (6701.T)

6701.T on Tokyo Stock Exchange

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Volume
18,560,000
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15,288,607
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¥331
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¥221

Latest Key Developments (Source: Significant Developments)

Etherstack signs NEC Corp (Japan) licensing deal
Monday, 3 Oct 2016 06:12pm EDT 

Etherstack Plc : Technology licensing contract with NEC Corporation . Etherstack signs NEC Corporation (Japan) licensing deal .Contract is expected to contribute approximately 60 million Japanese yen to Etherstack's 2016 revenues.  Full Article

Toyota Motor and NEC to join public-private initiative to develop core AI technology- Nikkei<6701.T><7203.T>
Thursday, 18 Aug 2016 03:37pm EDT 

Nikkei: Toyota Motor and NEC to join public-private initiative to develop a core artificial intelligence technology- Nikkei . Government-backed Riken research institute's Center for Advanced Integrated Intelligence Research to open a research base September 1 in Tokyo - Nikkei . Science Ministry,oversees Riken,to seek about 10 billion yen for project in fiscal 2017 budget;participants expected to contribute hundreds of millions-Nikkei .  Full Article

NCS&A says two shareholders decreases voting rights in it
Sunday, 31 Jul 2016 10:40pm EDT 

NCS&A CO LTD <9709.T>: Says a Japan-based co ZEN decreased voting rights in it to 9.67 percent from 13.48 percent . Says NEC Corp <6701.T> decreased voting rights in it to 8.38 percent from 12.32 percent .Says effective date on Aug. 1.  Full Article

NEC receives cease-and-desist order and surcharge order
Tuesday, 12 Jul 2016 03:22am EDT 

NEC Corp <6701.T>: Says it received cease-and-desist order and surcharge order from Japan Fair Trade Commission due to violation of antimonopoly law in the transaction with Tokyo Electric Power Company Holdings, Inc. . Says it was required to stop the misconducts .Says surcharge was forgiven.  Full Article

NEC to reduce some executive salaries for 1 month after FTC order
Tuesday, 12 Jul 2016 02:58am EDT 

: NEC says to reduce some executive salaries for one month after FTC order . NEC says ordered by Japan Fair Trade Commission to pay penalties related to antitrust activities in dealing with Tepco.  Full Article

R&I affirms NEC‘s rating at "A-" and stable outlook
Wednesday, 6 Jul 2016 02:15am EDT 

NEC Corp <6701.T>: Says rating and Investment Information, Inc. (R&I) affirmed the rating on NEC at "A-" .Rating outlook stable.  Full Article

NEC to cut holding in PC joint venture Lenovo NEC Holdings B.V.
Friday, 1 Jul 2016 02:27am EDT 

NEC <6701.T>: Says it will sell 44,100 common shares of JV Lenovo NEC Holdings B.V., on July 28 . Says the JV was set up with Lenovo Group Limited, in 2011 .Says it will take newly issued 42,700 subordinated stock(with voting rights) of the JV, and to hold 33.4 percent voting rights (4,900 shares), down from 49 percent (49,000 shares), after transaction.  Full Article

NEC to book about 20 bln yen special profit this FY from sale of part of Lenovo NEC Holdings stake
Friday, 1 Jul 2016 02:09am EDT 

: NEC: to book about 20 billion yen ($195 million) special profit this FY from sale of part of Lenovo NEC Holdings stake ($1 = 102.8000 yen).  Full Article

Unit of Sumitomo Mitsui Financial expand into agriculture through rice farming JV - Nikkei
Tuesday, 14 Jun 2016 03:32pm EDT 

Nikkei:Unit of Sumitomo Mitsui Financial Group will establish joint venture with farming business in Akita prefecture, Akita Bank and NEC Group - Nikkei.  Full Article

NEC to launch takeover bid for 10 mln shares of Japan Aviation Electronics Industry Ltd
Tuesday, 31 May 2016 02:00am EDT 

NEC Corp <6701.T>: Say the company will buy up to 10 million shares(10.97 percent stake) of Japan Aviation Electronics Industry Ltd <6807.T> through takeover bid in November . Says transaction price is 1,920 yen per share .Says the company is holding 39.3 percent stake in Japan Aviation Electronics Industry currently.  Full Article

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BRIEF-NEC Corp to build new factory in Thailand to consolidate operations from 2 nearby plants - Nikkei

* NEC Corp will build a new factory in central Thailand to consolidate operations from two nearby plants - Nikkei