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NEC ( (JP:6701) ) has shared an update.
NEC Corporation is restructuring its fire and disaster prevention business through a series of corporate splits involving its wholly-owned subsidiaries. This strategic move aims to strengthen NEC’s business foundation in the digital transformation and social infrastructure domains by transferring operations to NEC Networks & System Integration Corporation. The reorganization is part of NEC’s broader plan to streamline its operations and enhance its market positioning in domestic regions.
The most recent analyst rating on (JP:6701) stock is a Sell with a Yen3500.00 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 operates in the IT services and social infrastructure industry, focusing on building information and communication systems, providing IT services, and managing subsidiaries and affiliates in related fields. The company is known for its multi-vendor system integration capabilities and network technology expertise, catering to a wide range of customer segments, including local governments.
Average Trading Volume: 4,404,796
Technical Sentiment Signal: Buy
Current Market Cap: Yen5973.2B
Learn more about 6701 stock on TipRanks’ Stock Analysis page.