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NEC Corp (6701.T)

6701.T on Tokyo Stock Exchange

3,500JPY
1:00am EST
Change (% chg)

¥25 (+0.72%)
Prev Close
¥3,475
Open
¥3,445
Day's High
¥3,580
Day's Low
¥3,445
Volume
1,205,100
Avg. Vol
1,177,410
52-wk High
¥3,700
52-wk Low
¥2,893

Latest Key Developments (Source: Significant Developments)

NEC Announces Results Of Early Retirement Programme
Thursday, 29 Nov 2018 01:00am EST 

Nov 29 (Reuters) - NEC Corp <6701.T>::TO BOOK 20 BILLION YEN CHARGE IN Q3 FOR COST OF EARLY RETIREMENT MEASURES, ALREADY FACTORED INTO FULL-YEAR CONSOLIDATED FORECAST.2,170 EMPLOYEES APPLIED FOR EARLY RETIREMENT EFFECTIVE DEC 28.  Full Article

NEC to transfer shares of units
Friday, 3 Aug 2018 04:33am EDT 

Aug 3(Reuters) - NEC Corp <6701.T>:Says it plans to transfer 100 percent stake in unit NEC Energy Devices, Ltd. to a group company of Envision.Says it and unit NEC Energy Devices will transfer entire 49 percent stake in Automotive Energy Supply Corporation to Nissan Motor Co Ltd <<<7201.T>>>.Transaction date on March 29, 2019.Says after the transaction, Nissan Motor will transfer all shares of Automotive Energy Supply Corporation to Envision.  Full Article

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 receives cease-and-desist order and surcharge order
Wednesday, 15 Feb 2017 01:30am EST 

NEC Corp <6701.T>: Says it received cease-and-desist order and surcharge order from Japan Fair Trade Commission on Feb. 15, due to violation of antimonopoly law . Says it was required to stop the misconducts .Says it was also required to pay surcharge of 240.65 million yen.  Full Article

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Japan's NEC says to spend around $1 billion to acquire Denmark's KMD

TOKYO Japan's NEC Corp said on Thursday it will spend around 136 billion yen ($1.23 billion) to purchase KMD, which is Denmark's largest IT company.