NEC Networks & System Integration Corporation

NEC Networks & System Integration Corporation

NNSCF
NEC Networks & System Integration CorporationUS flagOther OTC
15.31
USD
-744,310,000.69
- -
46.00Market Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
1,371.82
1,580.1
1,812.21
1,958.93
1,879.98
1,731.95
1,799.32
622.2
2,038.85
2,277.01
2,083.65
2,153.76
- -
2,413.53
Basic EPS, GAAP
30.79
48.57
55.35
52.24
40.26
43.98
49.41
19.89
63.27
105.72
100.85
92.74
- -
102.91
Free Cash Flow per Basic Share
108.38
-31.3
137.84
-7.68
42.89
134.71
10.87
8.72
60.01
91.96
122.77
2.44
- -
108.54
Dividend per Share
8.98
11.01
18.61
20.63
22.33
23.64
24.31
8.32
26.63
27.95
39.94
46.93
- -
47.44
Book Value per Share
429.63
463.36
500.08
523.34
542.04
562.36
587.46
207.38
658.72
736.68
797.61
843.29
- -
898.68
Tangible Book Value per Share
514.23
547.89
554.07
592.05
600.14
618.56
647.01
226.93
722.98
820.6
898.76
953.13
- -
1,034.53
Basic Weighted Avg Shares
149
149
149
149
149
149
149
447
149
149
149
149
- -
149
Sales/Revenue/Turnover
204,658
235,716
270,326
292,164
279,961
257,912
267,939
277,949
303,616
339,109
310,334
320,802
359,505
359,505
Operating Margin (%)
4.76
5.3
5.33
5.53
5.04
3.87
4.13
4.6
5.35
7.54
7.47
7.09
6.99
6.99
Depreciation Expense
2,022
2,245
2,896
3,578
3,537
3,089
2,777
3,011
3,819
3,494
3,550
4,405
3,794
3,794
Net Income, GAAP
4,593
7,246
8,257
7,791
5,996
6,549
7,357
8,885
9,422
15,745
15,021
13,813
15,329
15,329
Effective Tax Rate (%)
51.41
39.04
41.07
46.26
53.03
29.93
33.31
29.5
22.07
33.78
35.56
32.8
34.4
34.4
Profit Margin (%)
2.24
3.07
3.05
2.67
2.14
2.54
2.75
3.2
3.1
4.64
4.84
4.31
4.26
4.26
Working Capital
74,963
81,560
87,357
91,759
100,525
105,501
102,344
108,708
111,719
120,332
130,525
133,845
140,638
140,638
LT Debt
500
3,000
4,518
1,349
4,185
4,014
842
3,896
3,764
466
3,202
3,000
- -
- -
Total Equity
80,652
85,974
89,166
94,173
94,396
96,673
101,731
107,607
113,509
127,117
138,149
145,713
157,480
157,480
Return on Invested Capital (%)
5.31
8.18
8.54
8.24
6.09
6.38
6.53
7.65
10.22
12.31
9.84
9.55
9.74
9.74
Return on Capital (%)
6.7
10.09
10.38
9.31
6.65
6.74
7.59
8.67
8.67
13.01
11.66
9.32
10.47
10.47
Return on Common Equity (%)
7.35
10.88
11.49
10.21
7.55
7.96
8.59
9.87
9.88
15.15
13.15
11.3
11.82
11.82

Capital Structure

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'24
ST Debt
7,714
6,539
9,230
LT Borrowings
3,000
3,000
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
149
149
149
Market Capitalization
172,504
162,889
- -

Working Capital

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'24
Total Current Assets
211,008
210,125
237,464
Cash, Cash Equivalents & STI
72,497
57,757
73,507
Accounts Receivable, Net
106,473
119,991
98,114
Inventories
14,839
14,790
12,552
Total Current Liabilities
75,978
74,961
96,826
Payables & Accruals
- -
- -
- -
ST Debt
7,714
6,539
9,230
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.9%
7.94%
8.08%
Free Cash Flow
397.15%
894.42%
4,353.99%
Net Income, GAAP
8.51%
14.3%
10.98%
Sales/Revenue/Turnover
3.15%
5.57%
12.06%
Total Cash Common Dividend
10.35%
14.64%
1.1%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
67,662
73,299
77,863
91,510
310,334
2023
67,628
75,058
79,195
98,921
320,802
2024
71,683
83,512
94,244
110,066
359,505

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
11.1
- -
- -
- -
100.85
2023
3.33
- -
- -
- -
92.74
2024
1.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
20.83
- -
- -
- -
39.94
2023
23.83
- -
- -
- -
46.93
2024
22.85
- -
- -
- -
- -

Company Description

APIChat
CEO
Yushi Ushijima
Full Time Employees
7,774
Sector
Technology
Industry
Information Technology Services
Address
Iidabashi First Tower Tokyo Japan 112-8560
IPO Date
Jan 7, 2021
Business
NEC Networks & System Integration Corporation, a subsidiary of NEC Corporation, provides system integration, ICT infrastructure construction, and network solutions primarily in Japan with international operations. Founded in 1953 as Nippon Electric Installation Company and headquartered in Tokyo, the company operates through segments including DX Solution Business offering ICT platform integration, outsourcing, cloud services, and contact centers; Network Solution Business delivering telecommunications infrastructure; Social/Environmental Solutions Business covering office design, energy conservation, public infrastructure, and security; and others. Its core products and services encompass telephony servers, video conferencing systems, routers, switches, network testers, interface converters, load balancers, accelerators, firewalls, unauthorized access detection systems, authentication systems, spam blocking, physical security, log management, industry-specific applications, software, VoIP, unified communications, CRM, and lifecycle support from planning to maintenance. The company serves enterprises, public institutions, carriers, government agencies, finance, transportation, healthcare, and municipalities across Japan, Asia, South America, and other regions through affiliates in Thailand, Philippines, China, Myanmar, and Brazil. In recent developments, NEC Corporation completed acquisition of additional shares increasing ownership to 87.13% in early 2025, leading to delisting from the Tokyo Stock Exchange Prime Market on March 21, 2025; the company merged subsidiary NEC Net Innovation, Ltd. and joined NESIC Holdings, Ltd. alongside NEC Nexsolutions, Ltd. in 2025; net sales exceeded 350 billion yen in 2024; and it announced the Virtual Trusted Overlay Network concept in 2025 for secure high-speed communication.