Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 21 July 2017, 18:36 HKT/SGT
Share:
    

Source: NEC Corporation
NEC to Revise Business Segments

TOKYO, July 21, 2017 - (JCN Newswire) - NEC Corporation (TSE: 6701) announced earlier this year a shift to a new organization structure effective as of April 1, 2017. In line with these structural changes, NEC's business segments will be revised as of its consolidated financial results for the first quarter of the fiscal year ending March 31, 2018, being announced on July 31, 2017.

NEC to Revise Business Segments

Major revisions

1. Regional sales functions within Japan (Branch divisions and branch offices)

Effective April 1, 2017, NEC established a Public Solutions Business Unit, which handles business involving regional sales functions and regional public entities in Japan, as well as a Public Infrastructure Business Unit, which handles business involving government agencies and companies supporting national and social infrastructures, to reinforce its customer- and market-focused business structure. This enables NEC to expand its new business and further improve the quality and speed of regional proposals in Japan. In accordance with the establishment of these new business units, regional sales functions within Japan previously included under the "Others" segment have been transferred to the "Public" segment. The Public segment is composed of the Public Solutions Business Unit and the Public Infrastructure Business Unit.

2. Business involving financial institutions

Also effective April 1, 2017, NEC transferred business involving financial institutions that previously belonged to the Public Business Unit to the Enterprise Business Unit, which is responsible for the company's manufacturing, retail and service businesses. This move is aimed at enhancing NEC's lineup of financial settlement and other solutions and boosting investment efficiency by reinforcing collaborations with the retail and service industries in the area of FinTech. In accordance with this transfer, business involving financial institutions previously included under the "Public" segment has been transferred to the "Enterprise" segment.

http://www.acnnewswire.com/topimg/Low_NECReviseBusinessSegments.jpg
*In addition to the above reorganization, part of the Business Innovation Unit has been transferred to each segment. In accordance with this, part of the costs previously included under "Adjustment" have been transferred to each segment. Moreover, supervising divisions of some NEC Group companies have also been changed.


Contact:
NEC 
Seiichiro Toda         
s-toda@cj.jp.nec.com 
+81-3-3798-6511


Topic: Press release summary
Source: NEC Corporation

Sectors: Enterprise IT
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


NEC Corporation Links

http://www.nec.com

https://www.facebook.com/nec.global/

https://twitter.com/NEC_corp

https://www.youtube.com/user/NECglobalOfficial

https://www.linkedin.com/company/nec/

NEC Corporation
Sept 30, 2025 18:52 HKT/SGT
Ouribank Signs Agreement with NEC to Implement AI-Native Data Center and Campus Network from HPE Juniper Networking for Enhanced Operational Efficiency
Sept 29, 2025 15:24 HKT/SGT
NEC Releases Third Edition of TNFD Report
Sept 26, 2025 20:20 HKT/SGT
NEC Launches 25Gb/s SFP28 Bi-directional Optical Transceiver Capable of 80km Transmission
Sept 24, 2025 13:43 HKT/SGT
Meta, SoftBank Corp., IPS, TM, XLSmart, and NEC to build the Candle Submarine Cable System, Intra Asia, 24-Fiber Pair Optical Submarine Cable, Connecting Japan to Singapore
Sept 19, 2025 18:00 HKT/SGT
MOTER Technologies and NEC Form Strategic Capital Alliance to Advance the Future of Mobility Through Digital Innovation
Sept 16, 2025 13:00 HKT/SGT
NEC Publishes ESG Initiatives Supporting Sustainable Growth of Companies and Society in "ESG Databook 2025"
Sept 12, 2025 14:08 HKT/SGT
The University of Osaka D3 Center Commences Operation of New Computing and Data Infrastructure Built by NEC
Sept 5, 2025 10:20 HKT/SGT
NEC participates in Locked Shields 2025 hosted by the NATO Cooperative Cyber Defence Centre of Excellence
Sept 4, 2025 10:15 HKT/SGT
NEC to begin proof of concept for early earthquake detection and analysis in Colombia
Aug 27, 2025 21:57 HKT/SGT
NEC develops AI technology for digitalizing work tasks without the need for pre-training and utilizing video from multiple cameras covering wide area worksites
More news >>
 News Alerts
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: