TOKYO, May 12 (Pulse News Wire) – NEC Corporation (6701.T) unveiled its five-year strategic plan, titled “2030 Mid-Term Business Plan,” aiming to achieve robust revenue growth and operational efficiency. The plan focuses on expanding key areas such as digital transformation (DX) services, cybersecurity, and global IT services while enhancing profitability through cost optimization and innovation.
Under the new strategy, NEC targets a compound annual growth rate (CAGR) of around 3% for sales revenue and aims to improve non-GAAP operating profit margins to approximately 15%. Key initiatives include advancing DX services, redefining security domains, and strengthening global IT operations. The company also plans to leverage artificial intelligence (AI) technologies to drive productivity improvements across various segments.
Additionally, NEC intends to enhance its engagement score to rank among the top 25 globally by 2030, based on Qualtrics surveys. The firm maintains its dividend policy of stable increases and opportunistic share buybacks, projecting up to ¥1.3 trillion available for growth investments post-CSG acquisition until the end of fiscal 2030. NEC's mid-term goals encompass increasing overseas earnings ratios and maintaining disciplined investment approaches, ensuring sustainable shareholder returns alongside aggressive expansion efforts.
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