NEC Corporation


6. Inventories


Inventories at March 31, 1995 and 1996 comprise the following:
------------------------------------------------------------------------------------------
                                                                          In thousands of   
                                                 In millions of yen         U.S. dollars
                                               -------------------------   ------------- 
March 31                                          1995          1996            1996 
------------------------------------------------------------------------------------------
Finished products............................. Y299,168    Y  351,589       $3,285,879 
Work in process and semifinished components...	448,187       505,574        4,724,991
Less--Advance payments received...............	(26,437)      (29,535)        (276,028)
Raw materials and purchased components........	149,852       216,740        2,025,607
-------------------------------------------------------------------------------------------
                                               Y870,770    Y1,044,368       $9,760,449
-------------------------------------------------------------------------------------------
Copyright NEC Corporation. All rights reserved.