NEC Corporation

TSE:6701 Stock Report

Market Cap: JP¥3.6t

NEC Management

Management criteria checks 1/4

NEC's CEO is Takayuki Morita, appointed in Apr 2021, has a tenure of 3.67 years. total yearly compensation is ¥204.00M, comprised of 41.7% salary and 58.3% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth ¥110.38M. The average tenure of the management team and the board of directors is 1.9 years and 1.5 years respectively.

Key information

Takayuki Morita

Chief executive officer

JP¥204.0m

Total compensation

CEO salary percentage41.7%
CEO tenure3.7yrs
CEO ownership0.003%
Management average tenure1.9yrs
Board average tenure1.5yrs

Recent management updates

Recent updates

Investors Still Waiting For A Pull Back In NEC Corporation (TSE:6701)

Nov 22
Investors Still Waiting For A Pull Back In NEC Corporation (TSE:6701)

NEC Corporation Just Missed EPS By 33%: Here's What Analysts Think Will Happen Next

Oct 31
NEC Corporation Just Missed EPS By 33%: Here's What Analysts Think Will Happen Next

Is NEC Corporation (TSE:6701) Trading At A 39% Discount?

Oct 21
Is NEC Corporation (TSE:6701) Trading At A 39% Discount?

Is NEC (TSE:6701) A Risky Investment?

Sep 20
Is NEC (TSE:6701) A Risky Investment?

NEC Corporation (TSE:6701) May Have Run Too Fast Too Soon With Recent 30% Price Plummet

Aug 06
NEC Corporation (TSE:6701) May Have Run Too Fast Too Soon With Recent 30% Price Plummet

NEC Corporation (TSE:6701) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Aug 02
NEC Corporation (TSE:6701) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Returns On Capital Are Showing Encouraging Signs At NEC (TSE:6701)

Jul 27
Returns On Capital Are Showing Encouraging Signs At NEC (TSE:6701)

Are Investors Undervaluing NEC Corporation (TSE:6701) By 39%?

Jul 11
Are Investors Undervaluing NEC Corporation (TSE:6701) By 39%?

Here's Why NEC (TSE:6701) Can Manage Its Debt Responsibly

Jun 20
Here's Why NEC (TSE:6701) Can Manage Its Debt Responsibly

Getting In Cheap On NEC Corporation (TSE:6701) Is Unlikely

May 21
Getting In Cheap On NEC Corporation (TSE:6701) Is Unlikely

The Return Trends At NEC (TSE:6701) Look Promising

Apr 25
The Return Trends At NEC (TSE:6701) Look Promising

Is NEC Corporation (TSE:6701) Trading At A 30% Discount?

Apr 09
Is NEC Corporation (TSE:6701) Trading At A 30% Discount?

CEO Compensation Analysis

How has Takayuki Morita's remuneration changed compared to NEC's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

JP¥150b

Jun 30 2024n/an/a

JP¥151b

Mar 31 2024JP¥204mJP¥85m

JP¥150b

Dec 31 2023n/an/a

JP¥122b

Sep 30 2023n/an/a

JP¥123b

Jun 30 2023n/an/a

JP¥121b

Mar 31 2023JP¥149mJP¥75m

JP¥115b

Dec 31 2022n/an/a

JP¥143b

Sep 30 2022n/an/a

JP¥132b

Jun 30 2022n/an/a

JP¥127b

Mar 31 2022JP¥125mJP¥75m

JP¥141b

Compensation vs Market: Takayuki's total compensation ($USD1.30M) is about average for companies of similar size in the JP market ($USD1.37M).

Compensation vs Earnings: Takayuki's compensation has increased by more than 20% in the past year.

CEO

Takayuki Morita (64 yo)

3.7yrs

Tenure

JP¥204,000,000

Compensation

Mr. Takayuki Morita serves as President and Chief Executive Officer at NEC Corporation since April 1, 2021. Mr. Morita served as Chief Financial Officer at NEC Corp. since June 25, 2018 until April 1, 2021...

Leadership Team

NamePositionTenureCompensationOwnership
Takayuki Morita
President3.7yrsJP¥204.00m0.0031%
¥ 110.4m
Motoo Nishihara
Executive Officer5.7yrsJP¥109.00mno data
Osamu Fujikawa
Corporate EVP3.9yrsno data0.0023%
¥ 82.1m
Masakazu Yamashina
Corporate Senior EVP & Co-COO1.7yrsno datano data
Kazuhiro Sakai
Corporate Senior EVP & Co-COO1.5yrsno datano data
Hidetoshi Uriu
Chief Investment Officerless than a yearno datano data
Hiroshi Kodama
Corporate EVP5.9yrsno datano data
Yuko Yamamoto
Corporate SVP1.5yrsno datano data
Mayuko Tatewaki
Corporate SVP and MD of Marketing & Alliance Promotion Division1.9yrsno datano data
Daisuke Horikawa
Corporate EVP1.7yrsno datano data
Yutaka Ukegawa
Corporate EVP & President of Cross-Industry Business Unitno datano datano data
Fumiaki Matsubara
Corporate EVP & Chief Japan Commercial Officer8.7yrsno datano data

1.9yrs

Average Tenure

61yo

Average Age

Experienced Management: 6701's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Takayuki Morita
President8.5yrsJP¥204.00m0.0031%
¥ 110.4m
Osamu Fujikawa
Corporate EVPno datano data0.0023%
¥ 82.1m
Masashi Oka
Independent Director2.5yrsno data0.00075%
¥ 26.9m
Hajime Matsukura
Corporate Secretary & Director7.5yrsno data0.0035%
¥ 126.5m
Joji Okada
Independent Outside Director1.5yrsno data0.000080%
¥ 2.9m
Yoshihito Yamada
Outside Independent Director1.5yrsno datano data
Christina Linn Ahmadjian
Independent Outside Director2.5yrsno data0.00019%
¥ 6.8m
Takashi Niino
Chairman of the Board2.5yrsJP¥181.00m0.0067%
¥ 239.4m
Shinjiro Sato
Independent Outside Directorless than a yearno data0.00038%
¥ 13.6m
Harufumi Mochizuki
Independent Outside Director1.5yrsno data0.00075%
¥ 26.9m
Kyoko Okada
Outside Independent Director1.5yrsno datano data
Shinobu Obata
Director1.5yrsno data0.0014%
¥ 48.4m

1.5yrs

Average Tenure

64.5yo

Average Age

Experienced Board: 6701's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 17:42
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NEC Corporation is covered by 25 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuki KanekoBofA Global Research
Yohei KanazawaCitigroup Global Markets Japan Inc.
Kota EzawaCitigroup Inc