(Fortune) -- NEC Corporation (Charts) ranks no. 128 on FORTUNE's Global 500 this year, with $42.6 billion in revenues, down 5.7% from the previous year. The Tokyo, Japan-based company was ranked no. 96 on the 2005 list. Its 2005 profits were $0.1 billion, down 83% from a year earlier. 2005 was a banner year for most Global 500 companies.

It took $13.7 billion in revenue just to make this year's list - up from $12.4 billion last year. And profits for the 500 companies jumped 30%. Total revenues for the Global 500 in 2006 add up to $18.9 trillion, a third of the world's GDP.

In the Computers, Office Equipment industry, profits were up 10.3% from the previous year. The world's biggest companies in the sector are: Intl. Business Machines (Charts), ranked no. 29 on the Global 500 with $91.1 billion in revenues; Hewlett-Packard (Charts), ranked no. 33 on the Global 500 with $86.7 billion in revenues; Dell (Charts), ranked no. 88 on the Global 500 with $55.9 billion in revenues; and Fujitsu Limited (Charts), ranked no. 133 on the Global 500 with $42.3 billion in revenues.

The Global 500 list is an annual ranking of the world's largest corporations by revenues.

Next: Full list: 2006 Global 500 at //money.cnn.com/global500

Plus: See NEC Corporation's Global 500 details, including financial stats and contact information.