NEC Corporation
6701・Prime Market・Electric Appliances
Governance
As a company with a Nomination Committee, etc., the company clearly separates supervisory and executive functions. The Board of Directors meets in principle six times per year (eight times in the fiscal year under review), with outside directors constituting a majority (independent outside director ratio of 72.7%). The company has established three committees—Nomination, Compensation, and Audit—and conducts an annual effectiveness evaluation carried out by a third-party organization.
Risk Management
The Risk & Compliance Committee, headed by the CRCO (Chief Risk & Compliance Officer), oversees company-wide risk management. The risk map is updated on a quarterly basis, with regular reporting to the Business Strategy Meeting and the Board of Directors, while the Group Internal Audit Division (approximately 120 members) and the Corporate Legal Affairs Division (approximately 70 members) support governance on the executive side.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥38 per share (interim ¥16, year-end ¥22), total dividends of ¥50,592 million, payout ratio of 18.7%. FY2027 (ending March 2027) annual dividend is forecast at ¥40 (interim ¥20, year-end ¥20). During the fiscal year under review, share buybacks of ¥27,329 million were conducted.
Dividend Policy
The annual dividend for FY2026 (ending March 2026) is ¥38 per share (interim ¥16, year-end ¥22). The year-end dividend was revised upward from the initial forecast of ¥16 to ¥22. The annual dividend forecast for FY2027 (ending March 2027) is ¥40 per share (interim ¥20, year-end ¥20). Note that a stock split at a ratio of 5 shares for every 1 share of common stock took effect on April 1, 2025, and the dividend for FY2025 (ending March 2025) (annual ¥140) is stated at the actual amount prior to the stock split.
ESG
In its climate change response, the company has endorsed TCFD, joined RE100, and set an SBTi net-zero target (reducing greenhouse gas emissions by 90% or more by FY2040), aiming for a 58% renewable energy adoption ratio by 2030. In human capital, it has set targets of achieving the top 25th percentile globally in engagement score (FY2030 KPI) and a 20% ratio of female managers (FY2030), and is addressing AI, human rights, security, privacy, and I&D as the most important materiality themes.
Last updated: June 18, 2026