Dividend on Stock

NEC conducted a share split at a ratio of five (5) shares for one (1) share of its common share, effective April 1, 2025. The dividends, on or before the fiscal year ended March 31, 2025 (FY2024), are stated based on the shares before the share split.
Ref: Notice Regarding Share Split and Partial Amendments to the Articles of Incorporation Accompanying the Share Split

Fundamental Policy on Distribution of Profits

NEC believes that execution of business operations with an emphasis on capital efficiency and making proactive investments in growth areas based on a strong financial base will lead to the creation of long-term corporate value. In shareholder returns, NEC strives to make stable dividend increases based on factors such as the profit status and financial condition in each period.

Acquisition of treasury stock

We approved, at the Board of Directors meeting held on August 29, 2022, the repurchase of up to 6.7 million shares of its common stock or 30 billion yen in total for the period from August 30, 2022 to March 31, 2023, and we repurchased 6,187,500 shares of its common stock for an aggregate value of shares repurchased of about 30 billion yen as of December 8, 2022.

Stock Split

We conducted a share split, at a ratio of five (5) shares for one (1) share of its common share, effective April 1, 2025.

Shareholder incentives

Not applicable.