Corporate Profile
In addition to increasing its profits, we aim to contribute to the sustainable growth of society by undertaking business activities such as improving customer satisfaction, attaining a high degree of corporate transparency, protecting the environment, contributing to communities, and respecting human rights.
Company Profile
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Company Name
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NEC Electronics Corporation
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Headquarters
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1753 Shimonumabe, Nakahara-ku, Kawasaki, Kanagawa 211-8668, Japan
Phone: +81-44-435-5111 (front desk)
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Established
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November 1, 2002
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Capital Stock
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86 billion yen (as of March 31, 2009)
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Consolidated sales
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546.5 billion yen
(for the year ended March 2009)
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Major operations
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Researching, developing, manufacturing, selling and servicing semiconductors, with a focus on system LSIs.
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Employees
(consolidated basis)
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Approximately 22,476 (as of March 31, 2009)
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Business Results in Fiscal 2009 (Fiscal year ended March 2009)
Consolidated net sales for the fiscal year ended March 31, 2009 were ¥546.5 billion ($5,520 million). We saw solid sales in some products, such as the EMMA series products for digital home appliances with an expansion in the customer base, and new business for embedded DRAM LSIs. This growth, however, was outweighed by lower sales of driver ICs for LCD panels, automotive semiconductors, and general-purpose products, including discrete semiconductors and microcontrollers.
We posted a consolidated net loss of ¥82.6 billion ($835 million) and loss before income taxes of ¥89.3 billion ($893 million) for the fiscal year, primarily due to a loss provision related to pending legal issues, as well as expenses stemming from the closing of manufacturing and R&D lines in Japan.
In light of severe economic conditions, NEC Electronics intends to accelerate structural reforms for building a sound business foundation in the fiscal year ending March 31, 2010. We will speed up realignment of manufacturing structures, enhance R&D efficiency, and slash other expenses, which will include reductions in personnel expenses. By implementing these measures we will reduce fixed costs significantly, and aim to restore "EIGYO profit"* for the fiscal year ending March 2010.
* "EIGYO profit" is calculated as net sales less cost of sales, research and development expenses, and selling, general and administrative expenses, and is equivalent to operating profit under financial reporting practices generally accepted in Japan
* For details, information refer to the Annual Report
History
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1899
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Nippon Electric Company, Ltd. (now NEC Corporation) is established.
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1960
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NEC begins integrated circuit R&D.
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1985
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NEC captures the largest share of the global semiconductor market.
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2002
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NEC Electronics separates from parent company NEC Corporation and establishes itself as an independent semiconductor company.
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2003
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NEC Electronics makes its initial public offering on the Tokyo Stock Exchange (First Section).
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Business segments and main applications
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Main applications
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Main products
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Communications
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Mobile handsets
Broadband networking equipment
· Routers
· Mobile phone base stations
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System LSI chips
Driver ICs for small TFT-LCDs
System memories
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Computing and Peripherals
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Computers
· Servers
· Workstations
Computing peripherals
· Rewritable DVD drives
· Printers
· LCDs for PCs
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System LSI chips
Microcontrollers
Driver ICs for large TFT-LCDs
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Consumer Electronics
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Digital consumer electronics
· Blu-ray players and
recorders
· Digital televisions
· Digital cameras
Home appliances
Game consoles
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System LSI chips
Microcontrollers
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Automotive and Industrial
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Automobiles
· Engines
· Body control
· Airbags
· Car audios
Industrial
· Factory automation
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Microcontrollers
System LSI chips
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Multi-market ICs
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Wide range of electronics equipment
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General-purpose microcontrollers
Gate arrays
General-purpose system memory
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Discrete, Optical, and Microwave Devices
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Wide range of electronics equipment
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Diodes
Transistors
Optical semiconductors
Microwave semiconductors
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Major Subsidiaries, Factories, and Affiliates (as of April 1, 2009)
Japan
