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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 Chief Risk Officer (CRO) to accurately comprehend and to respond appropriately to both internal and external risks related to the Group’s business.
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.
Since its establishment, NEC has developed a wide range of unique technologies in the field of ICT to support social infrastructure and mission-critical systems.
To achieve the NEC 2030VISION in an era of volatility, uncertainty, complexity and ambiguity (VUCA), we are implementing co-creation in research and development, expanding open innovation, and venturing into new business areas to create businesses that will have an impact on society.