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| rank | Name of Shareholder | Percentage of Shares of Common Stock Held (%) |
|---|---|---|
| 1 | Japan Trustee Services Bank, Ltd. (Trust Account) | 4.14 |
| 1 | The Master Trust Bank of Japan, Ltd. (Trust Account) | 4.14 |
| 3 | Japan Trustee Services Bank, Ltd. (Trust Account No.9) | 2.20 |
| 4 | Nippon Life Insurance Company | 2.07 |
| 5 | Sumitomo Life Insurance Company | 2.02 |
| 6 | NEC Employee Shareholding Association | 1.88 |
| 7 | Japan Trustee Services Bank, Ltd. (Trust Account No.4) | 1.82 |
| 8 | SSBT OD05 OMNIBUS ACCOUNT CHINA TREATY CLIENTS | 1.50 |
| 9 | CREDIT SUISSE SEC（EUROPE）LTD PB SEC INT NON-TR CLT | 1.41 |
| 10 | MORGAN STANLEY & CO.INC | 1.40 |
| Year ended March 31 | Interim | Year End | Per Share of Common Stock (full year) |
|---|---|---|---|
| 2010 | - | 4.00yen (forecast*) |
4.00yen (forecast*) |
| 2009 | - | - | - |
| 2008 | 4.00yen | 4.00yen | 8.00yen |
| 2007 | 4.00yen | 4.00yen | 8.00yen |
| 2006 | 3.00yen | 3.00yen | 6.00yen |
| 2005 | 3.00yen | 3.00yen | 6.00yen |
| 2004 | 3.00yen | 3.00yen | 6.00yen |
| 2003 | - | - | - |
| 2002 | 3.00yen | 3.00yen | 6.00yen |
*Forecasts as of January 28, 2010
As NEC needs to adopt a flexible policy in order to better respond to the rapidly changing business environment, NEC considers, among other factors, the following factors in detemining its cash dividends:the profits earned in the relevant fiscal period; the financial outlook for the following fiscal periods, the dividend payout ratio, and the internal demand for funds such as capital expenditures.
