FORM
6-K

SECURITIES
AND EXCHANGE COMMISSION

WASHINGTON,
D. C. 20549




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REPORT
OF FOREIGN PRIVATE ISSUER

Pursuant
to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934

For
the month of April 2003

Commission
File Number: 000-12713




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NEC
CORPORATION

(Translation
of registrant's name into English)




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7-1,
Shiba 5-chome Minato-ku, Tokyo, Japan

(Address
of principal executive offices)




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Form 20-F  [ X ]      Form 40-F [     ]

Yes  [     ]      No [ X ]



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SIGNATURE



NEC
CORPORATION(Registrant)By:


/S/
    FUJIO OKADAFujio Okada
General Manager, Legal Divison




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April 8, 2003



Announcement of Revised Financial Results
Forecast

NEC Corporation ("NEC") today
announced its revised financial results forecast for the fiscal year
ended March 31, 2003. Details of the revisions are as follows:



1. Revised
consolidated financial results forecasts for the fiscal year ended
March 31, 2003

|(Billions of yen)
|-----------------

|Forecast as of ...                                      | Net sales | Operating income (loss) | Income (loss) before income taxes | Net income (loss)
|------------------------------------------------------- | --------- | ----------------------- | --------------------------------- | -----------------
|April 8, 2003                                           | 4,680.0   | 115.0                   | 60.0                              | (25.0)           
|January 30, 2003                                        | 4,680.0   | 100.0                   | 65.0                              | 10.0             
|Difference                                              | 0.0       | 15.0                    | (5.0)                             | (35.0)           
|Actual results for the fiscal year ended March 31, 2002 | 5,101.0   | (55.5)                  | (461.1)                           | (312.0)          



2. Revised
non-consolidated financial results forecasts for the fiscal year
ended March 31, 2003

|(Billions of yen)
|-----------------

|Forecast as of ...                                      | Net sales | Ordinary income (loss) | Net income (loss)
|------------------------------------------------------- | --------- | ---------------------- | -----------------
|April 8, 2003                                           | 2,780.0   | 5.0                    | (15.0)           
|January 30, 2003                                        | 2,750.0   | (27.0)                 | 3.0              
|Difference                                              | 30.0      | 32.0                   | (18.0)           
|Actual results for the fiscal year ended March 31, 2002 | 3,562.3   | (96.5)                 | (286.2)          



3.
Reasons for the revisions to the financial results forecasts

(1)Consolidated financial results forecasts

NEC's
consolidated net sales for the fiscal year ended March 31, 2003 are
expected to be the same as the forecast announced on January 30,
2003. Due to the better than expected reductions in cost and business
expenses, NEC's consolidated operating income is expected to be
115.0 billion yen, which is 15.0 billion yen higher than the previous
forecast. However, due mainly to devaluation of investment in
securities of approximately 20.0 billion yen, NEC's
consolidated income before income taxes is expected to be 60.0
billion yen, which is 5.0 billion yen lower than the previous
forecast.

Regarding
consolidated net income for the fiscal year ended March 31, 2003, NEC
expects to post a loss of 25.0 billion yen, which is 35.0 billion yen
lower than the previous forecast. This is mainly due to a loss of
approximately 16.0 billion yen incurred from the reexamination of
deferred income tax assets resulting from the introduction of a new
local tax, and increased burden of other taxes.

(2)Non-consolidated financial results forecasts

NEC's ordinary
income for the fiscal year ended March 31, 2003 is expected to be 5.0
billion yen, which is 32.0 billion yen higher than the previous
forecast. This is due to the fact that net sales are expected to
increase by approximately 30.0 billion yen over the previous
forecast, and that solid progress was made in reductions of cost and
business expenses.

Although an improvement in
ordinary income is anticipated, NEC's non-consolidated net
income for the fiscal year ended March 31, 2003 is expected to
decrease by 18.0 billion yen to a loss of 15.0 billion yen as
compared with the previous forecast. This is mainly due to (i) the
fact that income before income taxes is expected to decrease by 18.0
billion yen due to the devaluation of investments in securities of
approximately 20.0 billion yen and the devaluation of investments in
affiliated companies of approximately 30.0 billion yen, and (ii) the
reexamination of deferred income tax assets resulting from the
introduction of a new local tax law which is expected to have a
negative impact of approximately 8.0 billion yen on the
non-consolidated net income.

Additionally, as announced on
January 30, 2003, NEC does not plan to make a year-end dividend
payment for the fiscal year ended March 31, 2003.



***



**CAUTIONARY STATEMENTS:**

The statements in
this material with respect to plans, strategies and forecasts of NEC
Corporation and its consolidated subsidiaries (collectively "NEC")
are forward-looking statements involving risks and uncertainties. NEC
cautions in advance you that actual results could differ materially
from such forward-looking statements due to several factors. The
important factors that could cause actual results to differ
materially from such statements include, but are not limited to,
general economic conditions in NEC's markets, which are primarily
Japan, North America, Asia and Europe; demand for, and competitive
pricing pressure on, NEC's products and services in the marketplace;
NEC's ability to continue to win acceptance of its products and
services in these highly competitive markets; and movements in
currency exchange rates, particularly the rate between the yen and
the U.S. dollar. Among other factors, a worsening of the world
economy resulting from the downturn in the IT industry, a worsening
of financial conditions in the world markets, would cause actual
results to differ from the projected results forecast.

In case where the
information contained in this press release falls within the
definition of "Material Information" under Paragraph 2 of
Article 166 of the Securities and Exchange Law of Japan, if you (and
directors or employees of your company if the content of this press
release comes to their knowledge in connection with their duty) read
this press release before the time of "Publication" (which
is defined under the Securities and Exchange Law of Japan and its
Enforcement Ordinance as twelve hours after its release; i.e.,
approximately 4:30 am on April 9, 2003 (JST)), you (and directors or
employees of your company if the content of this press release comes
to their knowledge in connection with their duty) may be prohibited
from purchasing, selling, or making other transactions of shares of
stock or other securities of NEC before the time of Publication.



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Media Contacts:
Chris Shimizu / Daniel Mathieson
Corporate Communication Division
NEC Corporation
TEL: +81-3-3798-6511
FAX: +81-3-3457-7249