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Governance
NEC Corporation has adopted the structure of a “company with a Nominating Committee, etc.”
By clearly separating the oversight and execution functions, the Board of Directors strengthens its oversight function, while delegating substantial authority to executive officers to accelerate decision-making and business execution.
The NEC Group has a companywide cross-sectional risk management system centered on the Risk Control and Compliance Committee and the CRCO to accurately comprehend and to respond appropriately to both internal and external risks related to NEC Group’s businesses.
In its Principles, NEC subscribes to “Uncompromising Integrity and Respect for Human Rights,” and conducts continuous companywide activities involving everyone from officers to employees with management firmly based on compliance.
Furthermore, identifying compliance as one of NEC’s priority management themes from an ESG perspective—materiality—the Mid-term Management Plan 2025 sets as a goal zero cases of serious involvement with cartels and/or bid-rigging.
In the course of doing business, NEC endeavors to work not only internally, but also through collaboration and co-creation with suppliers while paying careful attention to its impacts on the environment and society as a whole, with the intention of gaining the trust of society and helping to create sustainable social value.
Under Mid-term Management Plan 2025, the NEC Group aims to realize growth by integrating its R&D capabilities, which continually generate cutting-edge technology, with business development capabilities. This integration strengthens the link between technology and business, converts technological prowess into customer value, and drives growth through global business focus (including Japan), transformation of our IT business in Japan, and the creation of the next core growth businesses.