Edition:
United States

NEC Corp (6701.T)

6701.T on Tokyo Stock Exchange

3,095JPY
10:29pm EDT
Change (% chg)

¥-20 (-0.64%)
Prev Close
¥3,115
Open
¥3,105
Day's High
¥3,115
Day's Low
¥3,080
Volume
147,400
Avg. Vol
842,158
52-wk High
¥3,380
52-wk Low
¥2,850

Latest Key Developments (Source: Significant Developments)

NEC Networks & System Integration to set up CVC fund
Thursday, 11 Jan 2018 10:14pm EST 

Jan 12 (Reuters) - NEC Networks & System Integration Corp <1973.T>:Says it will set up a corporate venture capital(CVC) fund, with working capital of 500 million yen, to invest IoT and AI related venture business.Says the fund will start operation from February .  Full Article

NEC Acquires UK-Based IT Services Company Northgate Public Services
Tuesday, 9 Jan 2018 01:00am EST 

Jan 9 (Reuters) - NEC Corp <6701.T>::NEC ACQUIRES UK-BASED IT SERVICES COMPANY NORTHGATE PUBLIC SERVICES.NEC CORP - ANNOUNCED ACQUISITION OF UK-BASED IT SERVICES COMPANY NORTHGATE PUBLIC SERVICES LTD; NEC IS BUYING NPS FOR GBP 475 MILLION FROM CINVEN​.  Full Article

NEC plans to sell unit NEC Energy Devices
Monday, 4 Dec 2017 01:25am EST 

Dec 4 (Reuters) - NEC Corp <6701.T>:Says it plans to sell all shares of unit NEC Energy Devices, Ltd.,to GSR Capital, a private investment fund, with undisclosed price, effective March 30, 2018 .  Full Article

NEC and Hortonworks expand partnership to deliver a big data processing platform
Monday, 25 Sep 2017 01:00am EDT 

Sept 25 (Reuters) - Hortonworks Inc - :Hortonworks Inc announced expansion of strategic partnership with NEC to deliver a big data processing platform.Hortonworks Inc - Companies are combining NEC's data platform for Hadoop with Hortonworks data platform.  Full Article

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

Photo

Japan state-backed fund, others to sell nearly $3 billion of Renesas stock

TOKYO Renesas Electronics Corp said on Tuesday a state-backed fund and other shareholders would reduce their stakes in the Japanese chip maker, in a sale worth up to 295 billion yen ($2.8 billion) based on the prior day's closing price.