• Kyodo News


NEC Corp. said Friday it will raise up to ¥134 billion by the end of this month through domestic and overseas new share offerings to shore up its financial base and invest in businesses including cloud computing and lithium-ion batteries for green cars.

It is the first time since 2003 that NEC will conduct a public stock offering. The company said its offer price will be decided between Nov. 18 and 20.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.