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Information Disclosure Structure

NEC recognizes the importance of providing timely, proper and fair disclosure to obtain a fair evaluation of its corporate value from the capital markets. Accordingly, NEC regularly strives to ensure that internal divisions and subsidiaries have a clear understanding of timely disclosure and other rules issued by Tokyo Stock Exchange, while establishing a framework for communication between relevant internal head office divisions and subsidiaries. Furthermore, NEC holds various events for the news media, analysts and institutional investors. Examples include management strategy presentations and quarterly earnings presentations by senior management, as well as business strategy presentations by various responsible managers, including plant tours. Efforts are also focused on improving disclosure of information on NEC's website, including the disclosure of materials, video streaming and other information issued at presentations and other events, both in Japanese and English, and enhancing investor relations activities on a global scale, including visiting overseas institutional investors. Disclosure to individual investors includes presentations and a website for these investors.