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"The NEC Way" is the collective activities of NEC Group management. This consists of our Corporate Philosophy, Vision, Core Values, Charter of Corporate Behavior, and Code of Conduct. We put The NEC Way into practice to contribute to our customers and society so as to create an information society that is friendly to humans and the earth.

| NEC strives through "C&C" to help advance societies worldwide toward deepened mutual understanding and the fulfillment of human potential. Established in 1990
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The NEC Group Vision 2017 states what we envision as a company, and the society which we will strive to realize in 10 years, in pursuing our Corporate Philosophy. We set our Group Vision "2017", since that year will mark exactly 40 years since "C&C", the integration of Computers and Communications, was presented.
| To be a leading global company leveraging the power of innovation to realize an information society friendly to humans and the earth |
To pursue our Corporate Philosophy and realize NEC Group Vision 2017, we have defined the values important to the NEC Group, which is built on over 100 years' history of our company. This is what we base our behaviors and individual activities on, as a guidance to better serve our customers and contribute to society.

| Core Values | Actions driven by Core Values |
|---|---|
| [Our Motivation] Passion for Innovation |
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| [As an individual] Self-help |
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| [As a team member] Collaboration |
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| [For our customers] Better Products, Better Services |
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My name is Nobuhiro Endo, and it is an honor to introduce myself as President of NEC Corporation effective April 1, 2010.
The NEC Group is aiming to achieve its 2017 vision in the year that marks the 40th anniversary since the declaration of "C&C," the integration of Computers and Communications, and to be "a leading global company leveraging the power of innovation to realize an information society friendly to humans and the earth.
We understand that a severe economic environment continues, and the ICT industry, including NEC, cannot take an overly optimistic outlook towards the future. In these conditions, NEC's greatest management challenge is to achieve growth on a global scale through "C&C Cloud" strategies that maximize the use of company assets. ICT vendors around the world are now clamoring to provide new solutions that integrate IT and Networks. NEC is a long time provider of these unified solutions and the company is poised to capitalize on its established strengths in the upcoming business era. NEC views this market environment as an opportunity to expand business and to proactively drive business operations centered on global growth.
I want to see NEC become well regarded by people throughout the world. This is to say that the realization of "an information society friendly to humans and the earth" is our top priority. As NEC contributes to this vision of society by providing products and services that are beloved by our customers, our enduring efforts will draw us closer to our goals, one step at a time.
The NEC Group thanks you for your ongoing support.