Get The Free Sample Complete
SWOT & PESTLE Analysis Report
This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals. We also guarantee that you cannot find matched quality at such competitive and economic pricing.
Get Your Free Summary Copy of the
SWOT & PESTLE Analysis Report
Get the summary SWOT & PESTLE.com report delivered straight to your email inbox for free.
Our insightful and holistic reports have helped corporate,academia and researchers to take their research forward. Like us on Facebook to stay updated with the latest published SWOT & PESTLE Report.

NEC Corporation SWOT & PESTLE Analysis

ID : 52535953| Apr 2019| 15 pages

COMPANY PROFILE -NEC Corporation

Business Sector :Information Technology Services

Operating Geography :Tokyo, Japan, Asia

About NEC Corporation :

Established as Nippon Electric Company, Japan's first joint venture company with foreign capital investments in association with US organization Western Electric Company (now Alcatel- Lucent) on 17th July, 1899, NEC has now become one of the leaders in Information technology service providers in Japan and with its 303 subsidiaries located in 169 countries it provides global information and communication services to its international clients. The company has 4 business segments namely Public Business which includes system integration, maintenance and support, outsourcing/cloud services and system equipment for public, healthcare, government and media.
NEC employs 109,390 employees globally and possesses 9 state-of-the-art R&D facilities with 1000 researchers in India, China, USA, Japan and Singapore.

NEC Corporation Revenue :


¥2,844,447 million (FY ended 31st March 2018) (year-on-year growth of 6.7%)
¥2,665,035 million (FY ended 31st March 2017)

Competitive Analysis of NEC Corporation

SWOT
PESTLE
The SWOT Analysis for NEC Corporation is presented below:
Strengths
Weaknesses
1. Strong presence of Public Business segment in Japanese Market
2. Strong track record across business areas
3. Highly skilled workforce
4. Leaders in advanced technologies
5. Strong capital structure
1. Low share in global ICT market
2. Declining Network Service Business
3. Lack of speed and execution capabilities
Opportunities
Threats
1. Mid-term Management Plan 2020
2. Opportunities in Global IP Telephony Market
3. Growth potential for NEC's Global Safety Business
4. South East Asian online retail market
5. Opportunity in value chain innovation
1. Risk related to Japan's economic condition
2. Financial Market condition
3. Intensive competition to NECs business segments.
SWOT & PESTLE (combined)
Complete Report
USD 12.53
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments

Detailed SWOT Analysis of NEC Corporation

 

Strength

This section is available only in the 'Complete Report' on purchase.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

1. Mid-term Management Plan 2020: NEC designed a Mid-term management plan for year 2020 in which they are planning to reform their profit structure in order to drive NEC back again to growth. The Management designed to integrate in business units to provide value creation to their business and society through ICT enabled solutions. NEC management has decided to reform their profit structure by reducing their fixed costs so that they can invests in growing business units. The plan consists of reforming their telecom carrier and energy business which had underperformed against expectations. To get back to the growth path the management has charted planes to leverage growing Japanese ICT market and to focus more on their global safety business. The management is planning to leverage their technological capabilities to deploy Smart and Safer city project globally to align its profits and earning with creating value for the society. The company is expecting an increase of 43.53% in its operating profit in 3rd financial quarter in 2018 to ¥60 billion yen from ¥41.8 billion yen in the 3rd quarter of the 2017 and target of reaching ¥150 billion in 3rd fiscal quarter of 2019, as on 31st March, 2017.

2. Opportunities in Global IP Telephony Market: According to leading industry research, the global IP telephony market is expected to grow by a CAGR rate of approximately 9% from 2017-2023 to USD 52 billion, NEC has a huge opportunity for their Network Business segment to cash in as this segment of NEC is consistently underperforming against expectations. Additionally the growing adoption of emergent technologies in different industry vertical including BFSI, healthcare, and retail will drive the growth of Enterprise IP telephony in global and regional markets.

3. Growth potential for NECs Global Safety business: NECs management as a part of their Mid-term Management Plan 2020 amalgamating their technology and solutions with social value creation process. NEC has successfully tested and deployed facial recognition system for UK's New South Wales police department who mounted the technology through CCTV camera for targeted suspects and increasing security measures of the city. This technology was also helpful in the UEFA Champions League 2017 for overall security of the stadium. NEC also participated in 2 pilot projects related to facial recognition projects in Dallas Airport to streamline the boarding process with security and improve their security systems efficiency. With increasing awareness of cyber security and security through information system, there is a huge potential for NEC to churn out healthy revenue and secure their global market share.

The remaining section of “Opportunity” is available only in the 'Complete Report' on purchase.

Threat

This section is available only in the 'Complete Report' on purchase.

Major Competitors :

SWOT & PESTLE (combined)
Complete Report
USD 12.53
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments

Check Out Analysis of Other Relevant Companies

TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
References used in NEC Corporation Analysis Report

1. NEC Corp. Reviews- https://www.nec.com/en/global/ir/library/annual/2018/pdf/review.pdf

2. NEC Corporate Management- https://www.nec.com/en/global/ir/corporate/management.html

3. Opportunities in Japan’s ICT sector-https://www.allianceexperts.com/en/knowledge/countries/asia/opportunities-japans-ict-sector/

4. IT firms eye new markets in Japan, China and Germany- https://www.business-standard.com/article/companies/it-firms-eye-new-markets-in-japan-china-germany-117052000716_1.html

How to Reference This Page?

You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.

NEC Corporation SWOT & PESTLE Analysis - SWOT & PESTLE.COM

SWOT & PESTLE.com (2019). NEC Corporation SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/nec-corporation/ [Accessed 18 Nov, 2019].

In-text: (SWOT & PESTLE.com, 2019)

Copyrights and Disclaimer

NEC Corporation SWOT and PESTLE analysis has been conducted by Rizul Agarwal and reviewed by senior analysts from Barakaat Consulting.

Copyright of NEC Corporation SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.

NEC Corporation SWOT & PESTLE Analysis
Price : USD 12.53