NEC ( (JP:6701) ) just unveiled an announcement.
NEC Corporation has announced a strategic move to transfer its SME business to its wholly-owned subsidiary, NEC Nexsolutions, Ltd., through a simplified absorption-type corporate split. This reorganization aims to strengthen NEC’s business foundation in the digital transformation and social infrastructure domains, enhancing decision-making and operational efficiency.
More about NEC
NEC Corporation operates in the IT services and social infrastructure industry, providing system integration, software design, development, sales, and maintenance. The company focuses on supporting small and medium-sized enterprises, municipalities, and residents, with a strong presence in the domestic regions.
YTD Price Performance: 26.95%
Average Trading Volume: 6,170
Technical Sentiment Signal: Sell
Current Market Cap: $31.14B
For an in-depth examination of 6701 stock, go to TipRanks’ Stock Analysis page.