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NEC Restructures Fire and Disaster Prevention Business

Story Highlights
  • NEC transfers its fire and disaster prevention business to strengthen its infrastructure focus.
  • The restructuring aims to enhance NEC’s digital transformation and social infrastructure capabilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NEC Restructures Fire and Disaster Prevention Business

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

NEC Corporation announced a corporate restructuring involving the transfer of its fire and disaster prevention business to NESIC Holdings, Ltd., and subsequently to NEC Networks & System Integration Corporation. This move is part of a broader strategy to strengthen NEC’s business foundation in the digital transformation and social infrastructure domains, enhancing its capabilities in serving domestic regions and local governments.

The most recent analyst rating on (JP:6701) stock is a Buy 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 operates in the technology industry, focusing on building social and public infrastructure. It provides systems that support firefighting and disaster prevention operations, leveraging its multi-vendor system integration capabilities and network technology.

Average Trading Volume: 5,153,285

Technical Sentiment Signal: Buy

Current Market Cap: Yen8159.4B

For a thorough assessment of 6701 stock, go to TipRanks’ Stock Analysis page.

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