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The latest update is out from NEC ( (JP:6701) ).
NEC Corporation has announced a corporate restructuring involving a simplified absorption-type split, transferring shares of its subsidiaries, NEC Nexsolutions, Ltd. and NEC Networks & System Integration Corporation, to NESIC Holdings, Ltd., a wholly-owned subsidiary. This strategic move aims to enhance competitiveness, improve management efficiency, and facilitate rapid decision-making, aligning with NEC’s broader business reorganization strategy to strengthen its market position and operational capabilities.
The most recent analyst rating on (JP:6701) stock is a Sell with a Yen11700.00 price target. To see the full list of analyst forecasts on NEC stock, see the JP:6701 Stock Forecast page.
More about NEC
NEC Corporation is a prominent player in the IT services and social infrastructure industry. It focuses on providing comprehensive IT solutions and infrastructure services, catering to various sectors including public services and enterprises. The company is headquartered in Tokyo, Japan, and is listed on the Tokyo Stock Exchange.
Average Trading Volume: 5,454,194
Technical Sentiment Signal: Buy
Current Market Cap: Yen4980.6B
See more insights into 6701 stock on TipRanks’ Stock Analysis page.