NEC 2009 Annual Report Download - page 12

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In April 2009, we revamped our organization to
bolster earnings power and implement structural
reforms aimed at new growth. Having established
a “One NEC” framework that brings together NEC
Corporation and NEC Group companies, we are
now better positioned to supply customers with
high-value-added solutions that maximize the
Group’s strengths.
In parallel, we have decided to reclassify our
three business segments into six more detailed
segments, in order to align our organization more
closely to the business segments. This change
will boost NEC’s accountability to shareholders
and capital markets by more clearly defining
where business responsibility lies, while at the
same time improving the quality of information
we disclose.
A NEW FRAMEWORK TO SUPPORT
STRUCTURAL REFORMS
3.
The outlook calls for business conditions to
remain challenging in fiscal 2010. Nevertheless, we
see fiscal 2010 as a crucial year for transforming
NEC by practising the NEC Group Core Values to
pave the way for future growth. We will continue to
bolster management of the entire NEC Group by
strengthening our internal control systems, including
strict enforcement of compliance, so that we
achieve our business reforms.
Through these measures, the NEC Group aims to
emerge from the current worldwide downturn as a
leading global company. To this end, we will work
tirelessly to bolster the Group’s growth potential and
earnings power.
Putting the NEC Group Core Values
into practice
Aim to meet the earnings forecast for fiscal 2010,
concentrate on core competencies in order to support
the next phase of growth
Pursuing the NEC Group Vision 2017
Change towards a robust profit structure
Change business structure to pursue growth
10 NEC CORPORATION
Annual Report 2009