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NEC Overhauls Board and Management Structure Ahead of New Mid-Term Plan

Story Highlights
  • NEC is restructuring its board and executive leadership, adding two foreign outside directors and promoting Kunikazu Amemiya to CFO and Representative Executive Officer while several current directors retire or change roles.
  • The company will abolish its business unit system and reorganize around four domains—IT Services, Social Infrastructure, Technology & Innovation, and Corporate—to support its new mid-term plan and strengthen global growth and corporate value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NEC Overhauls Board and Management Structure Ahead of New Mid-Term Plan

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The latest update is out from NEC ( (JP:6701) ).

NEC Corporation announced a broad reshuffle of its governance and executive structure, including new appointments to its Board of Directors effective after the June 2026 shareholders’ meeting and changes to Representative Executive Officers and Executive Officers effective April 1, 2026. The company will add two foreign nationals, Elly Keinan and Joseph A. Kraft Jr., as independent outside directors to strengthen global insight and diversity, while promoting Kunikazu Amemiya to Corporate Senior Executive Vice President and CFO and Representative Executive Officer, and seeing several outside directors and current executives retire or shift roles. At the same time, NEC will abolish its existing business unit structure and reorganize management around four key domains—IT Services, Social Infrastructure, Technology & Innovation, and Corporate—aimed at accelerating its new mid-term management plan starting in fiscal 2026 and creating a clearer, more synergistic framework to drive global business expansion and enhance long-term corporate value.

The most recent analyst rating on (JP:6701) stock is a Hold with a Yen6500.00 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 Japanese information and communications technology company that provides IT services, social infrastructure systems, and advanced technology and innovation solutions, with a focus on digital transformation for governments, enterprises, and public infrastructure worldwide. Listed on the Tokyo Stock Exchange’s Prime Market, NEC operates across global markets in areas such as IT services, social infrastructure, and technology development, aiming to enhance corporate value and competitiveness through organizational and leadership reforms.

Average Trading Volume: 5,120,779

Technical Sentiment Signal: Buy

Current Market Cap: Yen7618.9B

For an in-depth examination of 6701 stock, go to TipRanks’ Overview page.

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