NEC sees full return to profit in 2020, to resume distribution of dividends

Friday 26 April 2019 | 16:33 CET | News
Interactive webinar: Vodafone Ziggo deep dive. What is the strategy for the coming years? Where does it stand in relation to its competitors? Join us on January 21st 14:00 CET for a professional profile of VodafoneZiggo in 45 minutes. Register here ...
NEC is guiding for a stronger 2020 after restructuring the company and booking lower profit in 2019. Recovery already started in the fourth quarter of 2018, with a higher net profit. As a result, the company said it will resume its mid-term dividend. A dividend of JPY 40 will be given for 2019 and one of JPY 60 for 2020.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: NEC
Countries: Japan / World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


NEC announces launch of HCI powered by Scale Computing in Q2

Published 01 May 2019 14:40 CET | United States
NEC Corporation of America and NEC Enterprise Solutions (EMEA) have announced the launch of a Hyperconverged Infrastructure ...

NEC accelerates services business under new brand NEC Smart Connectivity

Published 24 Apr 2019 10:47 CET | World
Japanese multinational provider NEC said it will accelerate its services business throughout a wide range of new fields under the ...

NEC, Ceragon to expand 5G wireless backhaul business globally

Published 05 Apr 2019 10:46 CET | World
NEC and Ceragon Networks entered into a collaboration deal to further expand their global wireless backhaul business footprint. ...

NEC Laboratories Europe to head EU cybersecurity demos

Published 26 Mar 2019 13:55 CET | Europe
NEC Laboratories Europe announced that it's been selected to lead demonstration cases of the CyberSec4Europe initiative, an EU ...

NEC competes SDWAN trial with University of Kuala Lumpur

Published 25 Mar 2019 06:48 CET | Asia
NEC has completed a Software-Defined Wide Area Network (SDWAN) trial with the University of Kuala Lumpur (UniKL) in Malaysia. The ...

NEC says Japanese overseas development fund invests in Danish company KMD

Published 28 Feb 2019 12:30 CET | Denmark
NEC has announced the completion of its acquisition of KMD Holding, parent of Danish IT company KMD, making it an NEC subsidiary ...

NEC strengthens cooperation with Koning & Hartman

Published 25 Feb 2019 14:11 CET | Netherlands
NEC Enterprise Solutions and Koning & Hartman have announced they will work even more closely together on IT and communications ...

NEC launches new 5G Vertical Business Platform for CSPs

Published 20 Feb 2019 10:15 CET | World
NEC has announced worldwide availability of the NEC 5G Vertical Business Platform for communication service providers (CSPs) to ...

NEC to build submarine cable system for Okinawa Cellular

Published 18 Feb 2019 09:13 CET | Japan
NEC has won a contract from Okinawa Cellular Telephone Company to design, engineer, supply, install, test and implement an ...

NEC quarterly profits fall on restructuring costs

Published 30 Jan 2019 10:59 CET | Japan
NEC reported a fall in profits in its fiscal third quarter to December, hurt by restructuring costs. The company maintained its ...

NEC deploys facial recognition demo system at Docomo 5G Open Lab Okinawa

Published 16 Jan 2019 08:58 CET | Japan
NEC has announced the provision of a facial recognition demo system utilizing Multi-access Edge Computing (MEC), a network ...

NTT, NEC stream 8K UHD live video using 5G service

Published 14 Jan 2019 07:00 CET | Japan
NEC has announced that it has contributed to a video transmission test using 5G conducted in November 2018 by Japanese operator ...

NEC to eliminate 3400 jobs, move out of lighting

Published 29 Nov 2018 10:00 CET | World
NEC has presented a plan to eliminate a total 3400 jobs and move its lighting business out of the group, with the aim of bringing ...

NEC's half-year revenue grows 3.8% boosted by Enterprise and Public businesses

Published 30 Oct 2018 12:25 CET | Japan
NEC reports that its net profit in the half-year ended 30 September decline by JPY 9.7 billion year-on-year to JPY 9.2 billion, ...

NEC, Samsung enter 5G partnership agreement

Published 24 Oct 2018 11:15 CET | World
NEC and Samsung Electronics entered into a partnership to strengthen their business portfolio including 5G. The partnership ...

Calendar   /   Industry Events

19 Jan Netflix Q4 2020
19 Jan Telefonica Germany Strategy Update
21 Jan Intel Q4 2020
21 Jan Modern Times Group EGM
::: More Calendar Items