NEC Corp (FRA:NEC1)
€ 80.42 -2.36 (-2.85%) Market Cap: 21.68 Bil Enterprise Value: 22.61 Bil PE Ratio: 24.23 PB Ratio: 1.91 GF Score: 61/100

NEC Corp ESG Briefing Transcript

Mar 01, 2021 / NTS GMT
Release Date Price: €47.64 (+6.91%)
Hajime Matsukura
NEC Corporation - Executive VP, Chief HR Officer & Director

Good morning, ladies and gentlemen. My name is Hajime Matsukura. We held the first ESG briefing in 2019. At that time, we received very valuable comments, which we have been incorporating in our management since then. This is our second ESG briefing, and I am looking forward to hearing from Mr. Seto, the Chairman of the Nomination and Compensation Committee.

Before his presentation, however, allow me to cover our ESG efforts included in our 2020 midterm management plan. I will be talking about these points listed here. Before diving into the details of ESG I would like to quickly touch upon the NEC Way, which is the basis of our business.

In April 2020, which marked the 100 and 20th anniversary of our founding, we revised the NEC Way, redefining the purpose of NEC's existence with the intention to become a purpose-driven company. We carry out all our activities based on the NEC Way, which is comprised of 4 major components, namely: purpose of NEC's existence; principles, which define how we act; and the code

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