NEC Corporation Names Ikuo Matsuhashi as a Corporate Executive
July 27, 2020 at 01:15 am EDT
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NEC Corporation announced that Ikuo Matsuhashi, formerly a managing director with Goldman Sachs Japan, joined NEC as a corporate executive on July 24, 2020. Based on the knowledge gained as a top sell-side equity analyst and a deep understanding of the market and competition, Matsuhashi will play a leading role in examining and discussing the formulation of NEC's next medium-term management plan that will begin in financial year 2021, as well as scrutinizing the progress and executing necessary measures at the implementation stage of the plan.
NEC Corporation specializes in the manufacturing and marketing computing and telecommunication equipments. Net sales break down by activity as follows:
- IT services (53.9%): integration, maintenance, outsourcing, support services, etc.;
- sale of IT infrastructure products and network systems (17%). In addition, the group provides network services;
- sale of digital government and financial services software (14.9%);
- other (12.7%): sale of hardware, mobile telephones, lighting products, energy management and storage systems, etc.
Net sales are distributed geographically as follows: Japan (75%), Asia/Pacific (11.2%), Europe/Middle East/Africa (9.8%) and Americas (4%).
NEC CORPORATION 
