NEC Corp (TSE:6701)

円 12610 -145 (-1.14%) Market Cap: 3.36 Til Enterprise Value: 3.42 Til PE Ratio: 22.47 PB Ratio: 1.75 GF Score: 75/100

NEC Corp Innovation Day Transcript

Dec 15, 2023 / NTS GMT

Release Date Price: 円8131 (-0.81%)

Transcript

Motoo Nishihara

NEC Corporation - Corporate EVP, CTO & President of Global Innovation Business Unit

Thank you very much for attending NEC Innovation Day. This year marks the third year. This year, not just NEC CTO, but our CDO, Yoshizaki will join us to explain our state-of-the-art technology, our activities for new businesses and R&D activities to drive advanced technologies, and creation of new businesses.

Now the floor for today's presentation. First, I will explain NEC's innovation creation scheme, then strength of NEC's R&D, the contribution to current business through global #1 technologies. For NEC, this means our IT service business and social infrastructure business. In the area of IT service business, we made the initial investment back in July, along with Yoshizaki in regards to generative AI, and I would like to make our next new announcement.

Finally, creation of new growth businesses. This is also something new. And currently, the commercialization of IP licensing business is doing quite well. I will report to you the progress. Then I will give you update since

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