NEC Corporation
NEC Corporation provides information technology services and social infrastructure in Japan and internationally. The company offers systems integration services, including system construction and consulting, maintenance support, and outsourcing, as well as cloud, system equipment, software services. It also provides core network equipment, mobile phone base stations, optical transmission systems,… Read more
NEC Corporation (NIPNF) - Net Assets
Latest net assets as of December 2025: $2.15 Trillion USD
Based on the latest financial reports, NEC Corporation (NIPNF) has net assets worth $2.15 Trillion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.11 Trillion) and total liabilities ($1.96 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.15 Trillion |
| % of Total Assets | 52.38% |
| Annual Growth Rate | 2.87% |
| 5-Year Change | 32.63% |
| 10-Year Change | 142.99% |
| Growth Volatility | 22.88 |
NEC Corporation - Net Assets Trend (1999–2025)
This chart illustrates how NEC Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NEC Corporation (1999–2025)
The table below shows the annual net assets of NEC Corporation from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $2.07 Trillion | -0.86% |
| 2024-03-31 | $2.09 Trillion | +9.24% |
| 2023-03-31 | $1.91 Trillion | +7.06% |
| 2022-03-31 | $1.79 Trillion | +14.39% |
| 2021-03-31 | $1.56 Trillion | +40.13% |
| 2020-03-31 | $1.11 Trillion | +5.11% |
| 2019-03-31 | $1.06 Trillion | +0.57% |
| 2018-03-31 | $1.05 Trillion | +3.76% |
| 2017-03-31 | $1.02 Trillion | +19.19% |
| 2016-03-31 | $852.49 Billion | -3.59% |
| 2015-03-31 | $884.19 Billion | +15.18% |
| 2014-03-31 | $767.66 Billion | -8.19% |
| 2013-03-31 | $836.15 Billion | +7.53% |
| 2012-03-31 | $777.61 Billion | -11.17% |
| 2011-03-31 | $875.44 Billion | -6.06% |
| 2010-03-31 | $931.91 Billion | +18.63% |
| 2009-03-31 | $785.57 Billion | -32.29% |
| 2008-03-31 | $1.16 Trillion | -6.45% |
| 2007-03-31 | $1.24 Trillion | +13.56% |
| 2006-03-31 | $1.09 Trillion | +7.23% |
| 2005-03-31 | $1.02 Trillion | +9.18% |
| 2004-03-31 | $932.83 Billion | +88.81% |
| 2003-03-31 | $494.06 Billion | -29.19% |
| 2002-03-31 | $697.73 Billion | -29.05% |
| 2001-03-31 | $983.42 Billion | -5.56% |
| 2000-03-31 | $1.04 Trillion | +4.97% |
| 1999-03-31 | $992.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NEC Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 226.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.02 Trillion | 52.46% |
| Common Stock | $427.83 Billion | 21.92% |
| Other Comprehensive Income | $484.26 Billion | 24.81% |
| Other Components | $15.98 Billion | 0.82% |
| Total Equity | $1.95 Trillion | 100.00% |
NEC Corporation Competitors by Market Cap
The table below lists competitors of NEC Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shinhan Financial Group Co Ltd
NYSE:SHG
|
$27.03 Billion |
|
China Tower Corporation Limited
PINK:CTOWY
|
$27.10 Billion |
|
Imperial Brands PLC
OTCQX:IMBBY
|
$27.15 Billion |
|
Natera Inc
NASDAQ:NTRA
|
$27.18 Billion |
|
Biogen Inc
NASDAQ:BIIB
|
$26.81 Billion |
|
Bajaj Finance Limited
NSE:BAJFINANCE
|
$26.81 Billion |
|
George Weston Limited
PINK:WNGRF
|
$26.81 Billion |
|
Fair Isaac Corporation
NYSE:FICO
|
$26.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEC Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,915,613,000,000 to 1,952,018,000,000, a change of 36,405,000,000 (1.9%).
- Net income of 175,183,000,000 contributed positively to equity growth.
- Dividend payments of 34,682,000,000 reduced retained earnings.
- New share issuances of 470,000,000 increased equity.
- Other comprehensive income increased equity by 16,288,000,000.
- Other factors decreased equity by 120,854,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $175.18 Billion | +8.97% |
| Dividends Paid | $34.68 Billion | -1.78% |
| Share Issuances | $470.00 Million | +0.02% |
| Other Comprehensive Income | $16.29 Billion | +0.83% |
| Other Changes | $-120.85 Billion | -6.19% |
| Total Change | $- | 1.90% |
Book Value vs Market Value Analysis
This analysis compares NEC Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-03-31 | $3571.03 | $21.21 | x |
| 2000-03-31 | $3761.68 | $21.21 | x |
| 2001-03-31 | $3523.63 | $21.21 | x |
| 2002-03-31 | $2175.38 | $21.21 | x |
| 2003-03-31 | $1380.30 | $21.21 | x |
| 2004-03-31 | $2739.70 | $21.21 | x |
| 2005-03-31 | $3058.60 | $21.21 | x |
| 2006-03-31 | $3430.61 | $21.21 | x |
| 2007-03-31 | $4000.56 | $21.21 | x |
| 2008-03-31 | $3867.51 | $21.21 | x |
| 2009-03-31 | $2471.36 | $21.21 | x |
| 2010-03-31 | $3045.98 | $21.21 | x |
| 2011-03-31 | $2913.56 | $21.21 | x |
| 2012-03-31 | $2528.36 | $21.21 | x |
| 2013-03-31 | $2735.03 | $21.21 | x |
| 2014-03-31 | $2678.49 | $21.21 | x |
| 2015-03-31 | $3169.59 | $21.21 | x |
| 2016-03-31 | $3047.99 | $21.21 | x |
| 2017-03-31 | $3287.45 | $21.21 | x |
| 2018-03-31 | $3390.11 | $21.21 | x |
| 2019-03-31 | $3309.42 | $21.21 | x |
| 2020-03-31 | $3506.83 | $21.21 | x |
| 2021-03-31 | $4872.00 | $21.21 | x |
| 2022-03-31 | $5555.16 | $21.21 | x |
| 2023-03-31 | $6020.34 | $21.21 | x |
| 2024-03-31 | $7190.42 | $21.21 | x |
| 2025-03-31 | $1465.21 | $21.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEC Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.12%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.21x
- Recent ROE (8.97%) is above the historical average (-0.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -16.31% | -3.14% | 0.95x | 5.44x | $-244.00 Billion |
| 2000 | 1.07% | 0.20% | 1.13x | 4.72x | $-87.27 Billion |
| 2001 | 6.19% | 1.01% | 1.16x | 5.27x | $-34.90 Billion |
| 2002 | -55.23% | -5.99% | 1.04x | 8.87x | $-368.51 Billion |
| 2003 | -6.85% | -0.51% | 1.18x | 11.45x | $-60.40 Billion |
| 2004 | 5.77% | 0.85% | 1.20x | 5.68x | $-30.07 Billion |
| 2005 | 8.54% | 1.40% | 1.23x | 4.96x | $-11.56 Billion |
| 2006 | 1.36% | 0.25% | 1.24x | 4.37x | $-76.95 Billion |
| 2007 | 0.88% | 0.20% | 1.25x | 3.59x | $-94.76 Billion |
| 2008 | 2.26% | 0.49% | 1.31x | 3.51x | $-77.75 Billion |
| 2009 | -46.22% | -7.04% | 1.37x | 4.79x | $-360.82 Billion |
| 2010 | 1.44% | 0.32% | 1.22x | 3.71x | $-67.67 Billion |
| 2011 | -1.65% | -0.40% | 1.19x | 3.47x | $-88.23 Billion |
| 2012 | -16.78% | -3.63% | 1.19x | 3.89x | $-175.97 Billion |
| 2013 | 4.28% | 0.99% | 1.19x | 3.63x | $-40.63 Billion |
| 2014 | 4.85% | 1.11% | 1.21x | 3.60x | $-35.85 Billion |
| 2015 | 6.96% | 1.95% | 1.12x | 3.18x | $-25.06 Billion |
| 2016 | 8.68% | 2.44% | 1.13x | 3.15x | $-10.46 Billion |
| 2017 | 3.20% | 1.02% | 0.99x | 3.14x | $-58.12 Billion |
| 2018 | 5.21% | 1.61% | 1.01x | 3.20x | $-42.21 Billion |
| 2019 | 4.68% | 1.38% | 0.99x | 3.43x | $-45.76 Billion |
| 2020 | 10.98% | 3.23% | 0.99x | 3.43x | $8.90 Billion |
| 2021 | 11.44% | 5.00% | 0.82x | 2.80x | $18.79 Billion |
| 2022 | 9.33% | 4.69% | 0.80x | 2.49x | $-10.07 Billion |
| 2023 | 7.05% | 3.46% | 0.83x | 2.45x | $-47.88 Billion |
| 2024 | 7.81% | 4.30% | 0.82x | 2.21x | $-42.04 Billion |
| 2025 | 8.97% | 5.12% | 0.79x | 2.21x | $-20.02 Billion |
Industry Comparison
This section compares NEC Corporation's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $3,830,255,773
- Average return on equity (ROE) among peers: 14.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEC Corporation (NIPNF) | $2.15 Trillion | -16.31% | 0.91x | $26.89 Billion |
| Accenture plc (ACN) | $26.46 Billion | 25.97% | 0.94x | $121.95 Billion |
| adesso SE (ADSGF) | $92.48 Million | 18.84% | 2.47x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $67.96 |
| Atos SE (AEXAF) | $5.23 Billion | 11.49% | 1.58x | $64.82K |
| AGILQ (AGILQ) | $94.65 Million | -21.20% | 1.34x | $5.00K |
| Alithya Group Inc (ALYAF) | $33.37 Million | -8.60% | 1.59x | $59.40 Million |
| Amadeus IT Group S.A (AMADF) | $5.06 Billion | 24.75% | 1.33x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $1.27 Billion | 57.67% | 2.98x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $4.39 Million | -5.99% | 0.46x | $6.54 Billion |
| Amper S.A. (APMRF) | $63.30 Million | 0.22% | 5.45x | $216.95 Million |