NEC Corp 2003 AR2
The report outlines NEC Corporation's financial and operational performance for the fiscal year ended March 31, 2003. Under a new senior management team, the company initiated the second phase of its management reforms, dividing its business into Integrated IT/Network Solutions and Semiconductor Solutions. Despite a challenging global economic environment and a recorded net loss of 24.6 billion yen, NEC achieved a significant recovery in income before income taxes due to structural reforms, fixed expense reductions, and materials cost-cutting. The report also highlights NEC's social responsibility initiatives, including the establishment of the NEC Environmental Management Vision 2010, which targets reducing carbon dioxide emissions to almost zero by the fiscal year ending March 2011.
Company: NEC Corp
Sector: Information Information Technology
Country: Japan
Year: 2003
Type: AR2
Pages: 76
NEC Corp
Annual Report
The report outlines NEC Corporation's financial and operational performance for the fiscal year ended March 31, 2003. Under a new senior management team, the company initiated the second phase of its management reforms, dividing its business into Integrated IT/Network Solutions and Semiconductor Solutions. Despite a challenging global economic environment and a recorded net loss of 24.6 billion yen, NEC achieved a significant recovery in income before income taxes due to structural reforms, fixed expense reductions, and materials cost-cutting. The report also highlights NEC's social responsibility initiatives, including the establishment of the NEC Environmental Management Vision 2010, which targets reducing carbon dioxide emissions to almost zero by the fiscal year ending March 2011.
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Document Details
Report Year
2003
Reporting Period
Apr 1, 2002 - Mar 31, 2003
Fiscal Year
2003
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees