NEC (6701): Share buyback resolution, monthly purchases, shares held

２ 自己株式の取得等の状況, the section on acquisitions and other movements of treasury shares in the annual securities report of NEC Corporation for its 188th fiscal year, April 2025 to March 2026, filed on EDINET on June 18, 2026, occupies pages 52 and 53 of 220. It opens with one line, 【株式の種類等】 会社法第155条第3号、第7号および第13号の規定に基づく普通株式の取得, acquisitions of common shares under items 3, 7 and 13 of Article 155 of the Companies Act. Four numbered parts follow: (1) acquisitions by resolution of the shareholders' meeting, (2) acquisitions by resolution of the board, (3) acquisitions based on neither, and (4) the disposal and holding of the shares acquired. The same section in the 187th report, filed June 19, 2025, is one page, page 64 of 230, and its opening line names one item only, 会社法第155条第7号の規定に基づく普通株式の取得. This piece reads the four parts of both reports, follows the figures to the other pages where they reappear, and then reads the two monthly 自己株券買付状況報告書, reports on the status of purchases of own shares, filed on March 13 and April 10, 2026, and three 臨時報告書, extraordinary reports, on disposals of treasury shares.

Part (1), 株主総会決議による取得の状況, is one line in both reports: 該当事項はありません, not applicable. Part (2), 取締役会決議による取得の状況, is also one line in the 187th report, 該当事項はありません, and one table in the 188th, headed 会社法第155条第3号の規定に基づく取得. The table is 取締役会（2026年2月9日）での決議状況, the board resolution of February 9, 2026: 6,800,000 shares and 30,000,000,000 yen (US$183.2 million), each marked 上限, a ceiling, with 取得期間 2026年2月10日〜2026年3月31日, an acquisition period from February 10 to March 31, 2026. 当事業年度前における取得自己株式 is a dash in both columns; 当事業年度における取得自己株式 is 6,800,000 shares and 27,292,828,300 yen (US$166.6 million); 残存決議株式の総数および価額の総額 is 0 shares and 2,707,171,700 yen (US$16.5 million); 当事業年度の末日現在の未行使割合（％） is printed as 0.00 for shares and 9.02 for value; 当期間における取得自己株式 is a dash in both columns; and 提出日現在の未行使割合（％） repeats 0.00 and 9.02. The note states 上記取締役会において、自己株式の取得方法は東京証券取引所における取引一任契約に基づく市場買付によることを決議しています, that the board resolved on market purchase on the Tokyo Stock Exchange under a discretionary trading contract as the method.

The monthly report for February 2026, filed March 13, 2026, carries the same resolution with the same two ceilings, 6,800,000 and 30,000,000,000 yen (US$183.2 million), and under 報告月における取得自己株式（取得日） prints nine dated rows from ２月16日 to ２月27日. The largest row by shares is ２月24日, 887,600 shares for 3,253,596,200 yen (US$19.9 million); the two rows ２月26日 and ２月27日 each print 126,200 shares, for 510,925,400 yen (US$3.1 million) and 540,988,600 yen (US$3.3 million). The 計 line is 4,782,400 shares and 18,765,105,100 yen (US$114.6 million), the line 報告月末現在の累計取得自己株式 prints the same two figures, and 自己株式取得の進捗状況（％） is 70.33 for shares and 62.55 for value. Note 1 states 「取得期間」および「報告月における取得自己株式（取得日）」は約定ベースで記載しています, that the period and the dated rows are on a trade-date basis, and note 2 repeats the resolution on the method. ３ 保有状況 prints 発行済株式総数 of 1,364,249,315 and 保有自己株式数 of 33,480,676 at February 28, 2026, with the note 「保有自己株式数」は受渡ベースで記載しています, that the holding is on a settlement basis, and a second note that it includes shares acquired through purchase requests for shares of less than one unit.

The report for March 2026, filed April 10, 2026, prints sixteen dated rows from ３月２日 to ３月24日. Fifteen of the sixteen print 126,200 shares; the last, ３月24日, prints 124,600 shares. In yen the largest of the sixteen is ３月10日, 557,547,900 yen (US$3.4 million), and the smallest is the last row, 497,181,700 yen (US$3.0 million). The 計 line is 2,017,600 shares and 8,527,723,200 yen (US$52.1 million); 報告月末現在の累計取得自己株式 is 6,800,000 shares and 27,292,828,300 yen (US$166.6 million); and 自己株式取得の進捗状況（％） is 100.00 for shares and 90.98 for value. The desk's checks that the nine February rows add to the February 計 line, that the sixteen March rows add to the March 計 line, and that the two 計 lines add to 6,800,000 shares and 27,292,828,300 yen (US$166.6 million), the figures printed both as the March cumulative line and as 当事業年度における取得自己株式 in the annual report, agreed. ３ 保有状況 of the March report prints 保有自己株式数 of 35,750,949 at March 31, 2026, the figure the annual report prints as 保有自己株式数 for 当事業年度 on page 53.

Part (3), 株主総会決議又は取締役会決議に基づかないものの内容, has two tables in the 188th report and one in the 187th. The first, 会社法第155条第7号の規定に基づく取得, prints 取得自己株式数（株） of 8,069 and 価額の総額（円） of 36,182,221 yen (US$220,893) for 当事業年度, and 941 shares and 3,919,100 yen (US$23,926) for 当期間, the period after the year-end, with the note 「当期間」の欄には、2026年6月1日から提出日までの単元未満株式の買取による株式数は含まれていません, that the 当期間 column excludes shares bought through purchase requests for shares of less than one unit from June 1, 2026 to the filing date. The second, 会社法第155条第13号の規定に基づく取得, prints a dash for 当事業年度 and 500 shares for 当期間 under 取得自己株式数（株）, with a dash in both 価額の総額（円） cells, and the note 当社の社外取締役に対し譲渡制限付株式報酬として割り当てた普通株式の一部を無償取得したものです, that the company acquired without consideration part of the common shares allotted to its outside directors as restricted stock compensation. The 187th report's single table under item 7 printed 7,490 shares and 98,088,230 yen (US$598,829) for its fiscal year and 1,496 shares and 4,782,424 yen (US$29,197) for its 当期間; its note 2 states 当社は、2025年4月1日付で普通株式1株につき5株の割合で株式分割を行っており、「当事業年度」の欄には株式分割前の株式数を、「当期間」の欄には株式分割後の株式数を記載しています, that the company carried out a five-for-one share split on April 1, 2025, that the 当事業年度 column is in pre-split shares and the 当期間 column in post-split shares.

Part (4), 取得自己株式の処理状況及び保有状況, has a column headed 処分価額の総額(円) beside each 株式数(株) column. In the 188th report the rows 引き受ける者の募集を行った取得自己株式, 消却の処分を行った取得自己株式 and 合併、株式交換、株式交付、会社分割に係る移転を行った取得自己株式 print a dash in all four cells. Three その他 rows follow. その他(単元未満株式の買増請求による売渡し） prints 175 in the 株式数(株) column and 768,035 yen (US$4,689) in the 処分価額の総額(円) column for 当事業年度, with dashes for 当期間. その他(社内役員および従業員向け株式報酬制度に係る信託への第三者割当) prints 762,600 in the 株式数(株) column and 3,168,603,000 yen (US$19.3 million) in the 処分価額の総額(円) column for 当事業年度, with dashes for 当期間. その他（社外取締役に対する譲渡制限付株式報酬としての自己株式の処分） prints 18,400 in the 株式数(株) column and a dash in the 処分価額の総額(円) column for 当事業年度, with dashes for 当期間; note 2 on page 53 states that this disposal was 会社法第202条の2に基づき社外取締役の報酬等として無償交付したものです, a grant without consideration as remuneration of outside directors under Article 202-2 of the Companies Act. 保有自己株式数, the last row, is 35,750,949 for 当事業年度 and 35,752,390 for 当期間, and note 1 states that the 当期間 column excludes shares sold on purchase-increase requests for shares of less than one unit from June 1, 2026 to the filing date.

The 187th report's part (4) printed その他(単元未満株式の買増請求による売渡し） as dashes for its fiscal year and 50 shares and 188,200 yen (US$1,149) for its 当期間, and one third-party allotment row, その他(業績連動型株式報酬制度の継続に伴う第三者割当), of 125,700 shares and 1,634,100,000 yen (US$10.0 million) for the fiscal year. Its 保有自己株式数 is 5,944,811 for 当事業年度 and 29,725,501 for 当期間, and its note 2, the same sentence as under part (3), states that the first is a pre-split count and the second a post-split count. The split is printed again on page 48 of the 188th report, where （４）発行済株式総数、資本金等の推移 has one row, dated 2025年4月1日, with 発行済株式総数増減数 of 1,091,399 thousand shares and 発行済株式総数残高 of 1,364,249 thousand, note 1 stating 千株未満を切り捨てしています, that figures below a thousand shares are truncated, and note 2 stating 普通株式1株につき5株の割合で行った株式分割によるものです. ②発行済株式 on page 47 prints 1,364,249,315 shares at March 31, 2026 and at the filing date, June 18, 2026; the 187th report's 議決権の状況 on page 62 printed 発行済株式総数 of 272,849,863 at March 31, 2025.

The 762,600 shares in part (4) have their origin on page 63 of the 187th report and in an extraordinary report. （８）役員・従業員株式所有制度の内容 on page 63 describes a 株式交付信託, a share delivery trust, for directors other than outside directors, executive officers and some employees, with 三井住友信託銀行㈱ as trustee, and under ③ 本対象者に取得させる予定の株式の総数 prints 762,600株（2025年6月1日時点での見込み数）, the number of shares the trust was expected to acquire in July 2025, broken down as 執行役等 214,400株 and その他の本対象者 548,200株. The 臨時報告書 filed June 20, 2025 states that the board resolved that day on a disposal of treasury shares to the trust, 本信託を割当予定先とした当社自己株式の処分, in connection with the continuation of the plan; its (2) prints 処分数 762,600株, its (4) prints 処分価額の総額 3,168,603,000円 (US$19.3 million), its (6) lists the counterparties as 当社の執行役等 20名, 当社の従業員 367名 and 一部の当社子会社の取締役 1名, and its (13) prints 払込期日 2025年7月7日, the payment date. The annual report's row その他(社内役員および従業員向け株式報酬制度に係る信託への第三者割当) prints the same share count, 762,600, in the 株式数(株) column and the same yen figure, 3,168,603,000 yen (US$19.3 million), in the 処分価額の総額(円) column. The extraordinary report also prints a 処分価格 per share, which it describes as the closing price on the Tokyo Stock Exchange on the business day before the resolution; this piece does not quote it.

The 188th report's page 51 carries the plan forward. （８）役員・従業員株式所有制度の内容 now describes the plan as covering the company's 執行役等, some employees, and the directors and some employees of 対象子会社, designated subsidiaries, with 業績連動型 and 業績非連動型 components, and under ③ prints 1,250,300株（2026年6月1日時点での見込み数）, the number the trust was expected to acquire in July 2026, broken down as 執行役等および対象子会社の取締役 526,200株 and その他の本対象者 724,100株. The 臨時報告書 filed June 19, 2026, one day after the annual report, states that the board resolved that day on a disposal to the trust; its (2) prints 処分数 1,250,300株 and adds なお、当該処分数に加え、本信託内において2,148,500株を保有しています, that the trust holds 2,148,500 shares in addition; its (4) prints 処分価額の総額 4,967,441,900円 (US$30.3 million); its (6) lists 計1,247名, of whom 27 are inside directors, executive officers and subsidiary directors and 1,220 are employees; its (10) ② prints 3,398,800株 as the total to be delivered through the trust; and its (11) prints 払込期日 2026年7月6日. The 当期間 column of the annual report's part (4) prints dashes in every disposal row; the annual report is dated June 18, 2026 and the payment date in the extraordinary report is July 6, 2026.

The 18,400 shares in part (4) and the 500 shares in part (3) both concern restricted stock for outside directors. 30．株式報酬 (3) 譲渡制限付株式報酬制度 on page 172 of the 188th report states 当社は、当連結会計年度より当社の社外取締役を対象に、譲渡制限付株式報酬制度を導入しています, that the company introduced a restricted stock plan for outside directors from this fiscal year, under which the directors are granted monetary claims, contribute them in kind, and receive common shares by issue or disposal; 役員の報酬等 on page 91 describes the plan as 業績非連動型, not linked to performance, with a restriction period from the delivery date to the day the director leaves office. The 18,400 shares are the disposal printed with a dash in the 処分価額の総額(円) column and described in note 2 as 無償交付, and the 500 shares are the acquisition under item 13 printed for 当期間 and described as 無償取得 of part of the shares so allotted. A separate 臨時報告書, filed May 12, 2026 and listed on page 209, concerns a 従業員持株会向け譲渡制限付株式付与制度, restricted stock granted through the NEC employee shareholding association: its (2) ① prints 発行数 1,638,318株 with note 1 stating that this is the maximum as at the filing date, computed on the assumption of 22 shares for each of 74,469 employees of the group, its (5) ① prints a 譲渡制限期間 from 2026年10月30日 to 2029年5月31日, and its (8) prints 払込期日 2026年10月30日. Page 210 lists a correction to that report filed May 20, 2026, which this piece has not read.

The holding of 35,750,949 shares is printed in four other forms in the 188th report. （５）所有者別状況 on page 48 states in note 2 that 自己株式35,750,949株 is included as 357,509単元 in the 個人その他 column and 49株 in the 単元未満株式の状況 column; the desk's check that 357,509 units of 100 shares and 49 shares come to 35,750,949 agreed. （６）大株主の状況 on page 49 states in note 1 当社は自己株式35,750,949株を保有していますが、上記大株主からは除外しています, that the shares are excluded from the major-shareholder table. （７）議決権の状況 on page 50 prints 完全議決権株式(自己株式等) as （自己保有株式） 普通株式 35,750,900 and （相互保有株式） 普通株式 16,000, with a dash in the votes column, and its note 2 lists 日本電気㈱ 49 as the odd-lot holding; ②自己株式等 prints 日本電気㈱, 東京都港区芝五丁目7番1号, with 35,750,900 shares and 2.62 under 発行済株式総数に対する所有株式数の割合(％), テクノ・マインド㈱ with 10,000 and 三和エレクトロニクス㈱ with 6,000, and a 計 line of 35,766,900 and 2.62. The 187th report printed the same four forms a year earlier in pre-split shares: 5,944,811 in the ownership note on page 60 as 59,448単元 and 11株, which the desk's check confirmed, 5,944,811 in note 1 of the major-shareholder table on page 61, and 5,944,800 and 2.18 in 自己株式等 on page 62, with テクノ・マインド㈱ at 2,000 and 三和エレクトロニクス㈱ at 1,200 and a 計 line of 5,948,000 and 2.18.

The consolidated notes count treasury shares differently. 18．資本及びその他の資本項目 (2) 自己株式に関する事項 on page 152 of the 188th report prints 普通株式：（千株） with 期首 6,310, 期中増減 31,595 and 期末 37,905 for 当連結会計年度, and 6,395, △85 and 6,310 for the year before; note 1 states 千株未満を四捨五入しています, that figures are rounded to the nearest thousand, note 2 states that the counts include shares held by the trust account of the share delivery trust, 364,000株 and 2,148,500株 at the two year-ends, and note 3 records the split of April 1, 2025. The 187th report's note 19 on page 163 printed 6,502, △106 and 6,395, then 6,395, △85 and 6,310, with trust-held shares of 330,900株 and 364,000株, and stated that the figures were in pre-split shares. The 37,905 thousand in note 18 and the 35,750,949 in part (4) are two printed counts under two headings; this piece does not reconcile them. The 2,148,500 shares in note 2 is the figure the June 19, 2026 extraordinary report prints as the trust's holding.

In yen, the treasury line of the consolidated statement of financial position on page 109 is 自己株式 △30,725 at March 31, 2025 and △57,584 at March 31, 2026, in millions of yen (US$187.6 million and US$351.6 million). The consolidated statement of changes in equity on page 112 prints 自己株式の取得 of △27,329 (US$166.8 million) in the 自己株式 column for the year to March 2026 and △98 (US$0.60 million) for the year before, 自己株式の処分 of 470 (US$2.9 million) in the 自己株式 column and 27 (US$0.16 million) in the 資本剰余金 column, against 470 and 10 (US$0.06 million) a year earlier, and 株式報酬取引 of 1,212 (US$7.4 million) against 533 (US$3.3 million). The consolidated statement of cash flows on page 114 prints 自己株式の取得による支出 of △98 million yen (US$0.60 million) and △27,329 million yen (US$166.8 million) for the two years. The parent-company balance sheet on page 191 prints 自己株式 of △31,990 (US$195.3 million) and △61,258 (US$374.0 million), and the parent-company statement of changes in equity on page 194 prints 自己株式の取得 of △30,498 (US$186.2 million) in the 自己株式 column, 自己株式の処分 of 1,230 (US$7.5 million) in the 自己株式 column and 2,436 (US$14.9 million) in the その他資本剰余金 column, 3,666 (US$22.4 million) in total, and 株式報酬取引 of 59 (US$0.36 million); page 193 prints △1,732 (US$10.6 million), 1,110 (US$6.8 million), 1,004 (US$6.1 million) and 2,114 (US$12.9 million) in the same cells for the year before. The consolidated and parent-company figures under 自己株式の取得 differ, and this piece does not reconcile them. The accounting policy on page 126, ② 自己株式, reads 自己株式は、取得原価で認識され、資本から控除します, treasury shares are recognised at cost and deducted from equity, with the difference between carrying amount and consideration on a later sale recognised in capital surplus. The management discussion on page 37 lists 自己株式の取得に伴う自己株式の減少 among the movements against which equity rose by 2,104億円 (US$1,284 million) to 2兆2,819億円 (US$13,931 million).

３ 配当政策 on page 54 of the 188th report and on page 65 of the 187th each contain four policy sentences followed by a fifth sentence introducing the dividend table, 当事業年度に係る剰余金の配当は、以下のとおりです; the desk's comparison found the first, fourth and fifth sentences identical and the second and third changed. The second sentence of the 187th report reads そのうえで、株主還元については、各期の利益状況や資金状況等を踏まえ、安定的増配の実施に努めてまいります, that for shareholder returns the company will strive to raise the dividend stably in light of each period's profit and funds; the 188th reads そのうえで、株主還元については、各期の利益状況や資金需要等を踏まえて、安定的増配と自己株買いの機動的判断を行います, stable dividend increases and flexible decisions on buying back own shares, in light of each period's profit and funding needs. The third sentence of the 188th report states that the year's dividend was set at 38 yen (US$0.23) per share, an increase of 6 yen (US$0.04) over the figure announced at the start of the year, with an interim dividend of 16 yen (US$0.10), giving as a reason, among others, that operating profit exceeded the figure announced at the start of the year, 営業利益が期初公表値を上回ったことなどから; the table prints 2025年10月29日取締役会決議 with 配当金の総額 of 21,365 million yen (US$130.4 million) and 16.00 yen (US$0.10) per share, and 2026年 5月12日取締役会決議 with 29,227 million yen (US$178.4 million) and 22.00 yen (US$0.13) per share. The 187th report's third sentence stated the dividend at 140 yen (US$0.85) per share with an interim dividend of 70 yen (US$0.43), in pre-split shares as its note states, and its table printed 2024年10月29日 18,684 million yen (US$114.1 million) and 70.00 yen (US$0.43) per share and 2025年 5月12日 18,683 million yen (US$114.1 million) and 70.00 yen (US$0.43) per share. Page 67 of the 188th report states that the articles of incorporation allow the matters in each item of 会社法第459条第1項, which include acquisitions of own shares, to be decided by the board, 機動的な剰余金の配当、自己株式の取得等の実施を可能とするため.

For a reader who needs one of these numbers, the report prints it in a fixed place. The ceiling of the February 9, 2026 resolution, the shares bought against it and the unexercised ratio are in part (2) on page 52; the dated rows behind the 6,800,000 shares are in the two monthly reports listed on page 210 under (8) 自己株券買付状況報告書, with reporting periods 2026年2月1日 to 2月28日 and 2026年3月1日 to 3月31日; the odd-lot purchases and the 500 shares acquired without consideration from outside directors are in part (3); the three disposals and the two holding counts are in part (4) on pages 52 and 53; the trust's expected purchases are in （８） on page 51 and in the extraordinary reports of June 20, 2025 and June 19, 2026; the holding reappears on pages 48, 49 and 50, and note 18 on page 152 prints its own count in thousands, 37,905, under its own notes; and the yen amounts are on pages 109, 112, 114, 191 and 194. The 187th report prints the same structure with one acquisition table instead of three, a 125,700-share allotment instead of a 762,600-share one, and holding counts on both sides of the April 2025 split.