Nidec Corporation (TYO: 6594)

Japan flag Japan · Delayed Price · Currency is JPY
2,899.00
-17.50 (-0.60%)
Nov 21, 2024, 12:56 PM JST
-0.05%
Market Cap 3.35T
Revenue (ttm) 2.48T
Net Income (ttm) 95.01B
Shares Out 1.15B
EPS (ttm) 82.67
PE Ratio 35.21
Forward PE 14.16
Dividend 40.00 (1.39%)
Ex-Dividend Date Mar 28, 2025
Volume 2,602,000
Open 2,888.00
Previous Close 2,916.50
Day's Range 2,878.00 - 2,948.00
52-Week Range 2,672.50 - 4,033.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Oct 23, 2024

About Nidec

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, sensors, and other products, as well as mold, molding, cutting, and machining components. Its products are used for applica... [Read more]

Industry Industrial - Machinery
Sector Industrials
Founded 1973
Employees 101,112
Stock Exchange Tokyo Stock Exchange
Ticker Symbol 6594
Full Company Profile

Financial Performance

In 2023, Nidec's revenue was 2.35 trillion, an increase of 5.25% compared to the previous year's 2.23 trillion. Earnings were 125.14 billion, an increase of 238.39%.

Financial Statements

News

Nidec Announces the Status of Own Share Repurchase

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today announced the status of the Company's own share repurchase under its ongoing repurchase plan resolve...

20 days ago - Business Wire

Nidec Remains A Buy With Operating Profit Beat And Favorable Outlook

NJDCY's Q2 FY 2024 operating earnings beat expectations driven by margin expansion, and the company is on track to meet its full-year operating income guidance implying +47% growth. Nidec Corporation'...

22 days ago - Seeking Alpha

Nidec Sees 53% Drop in Q2 Net Profit Amid Yen Strength and Weak Machinery Segment

Nidec Sees 53% Drop in Q2 Net Profit Amid Yen Strength and Weak Machinery Segment

4 weeks ago - GuruFocus

Nidec Reports 10% Increase in Q2 Operating Profit, Exceeding Expectations

Nidec Reports 10% Increase in Q2 Operating Profit, Exceeding Expectations

4 weeks ago - GuruFocus

Nidec reports six months results

4 weeks ago - Seeking Alpha

Japan's Nidec posts 10% rise in second-quarter operating profit

Japanese electric motor maker Nidec posted a 10% rise in quarterly operating profit on Wednesday to 60.7 billion yen ($398.79 million), compared to 55.1 billion yen in the same period a year earlier.

4 weeks ago - Reuters

What to Expect from Nidec's Earnings

Nidec (OTC: NJDCY) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-23. Here's a quick overview of what investors should know before the release. Analysts are estimating that Ni...

4 weeks ago - Benzinga

Nidec Announces the Status of Own Share Repurchase

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594; OTC US: NJDCY) (the “Company”) today announced the status of the Company's own share repurchase under its ongoing repurchase plan resolved...

7 weeks ago - Business Wire

Nidec Announces its Execution of a Share Transfer Agreement on Linear Transfer Automation Inc. and its Two Related Companies, Canadian-based Press Room Equipment Manufacturer

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire the share of L...

7 weeks ago - Business Wire

Nidec Announces the Status of Own Share Repurchase

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today announced the status of the Company's own share repurchase under its ongoing repurchase plan resolve...

2 months ago - Business Wire

Nidec Announces its Win of Damages Case against Toyo Keizai Inc.

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that it has received a ruling in favor of the Company in the action that it ins...

3 months ago - Business Wire

Nidec Corporation (NJDCY) Q1 2024 Earnings Call Transcript

Nidec Corporation (OTCPK:NJDCY) Q1 2024 Earnings Conference Call July 23, 2024 4:00 AM ET Company Participants Akinobu Samura - SVP and CFO Mitsuya Kishida - President and CEO Shigenobu Nagamori - Fou...

4 months ago - Seeking Alpha

Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2024

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-mon...

4 months ago - Business Wire

Nidec Announces the Disposal of Treasury Stock through Third-Party Allotment in Line with the Continuation of the Performance Share Plan

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that its Board of Directors has resolved to dispose treasury stock through third...

4 months ago - Business Wire

Japan's Nidec lifts annual profit outlook after Q1

Japanese electric motor maker Nidec raised its full-year operating profit forecast by 4.3% on Tuesday off the back of a recovery in demand for hard drive motors, efforts to raise its profitability and...

4 months ago - Reuters

Nidec Announces its Revision of Upward Consolidated Fiscal First-Half and Year-End Financial Forecasts for the Year Ending March 31, 2025

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today announced an upward revision to its IFRS-based consolidated fiscal first-half and year-end financial...

4 months ago - Business Wire

Nidec announces Stock Split, Modification to Share Repurchase Program, and Notice Regarding Revision of Dividend Projection

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594; OTC US:NJDCY) (the “Company”) today announced that the Board of Directors of the Company, at a meeting held on July 23, 2024, made the fol...

4 months ago - Business Wire

Nidec Announces its Execution of Comprehensive MOU with Tata Elxsi Ltd.

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that it has executed a memorandum of understanding (the “MOU”) on July 22, 2024...

4 months ago - Business Wire

Nidec Announces Investment in Eve Air Mobility, a Manufacturer of Electric Vertical Take-off and Landing (eVTOL) Aircraft, for Strategic Partnership Through Nidec's Subsidiary

KYOTO, Japan--(BUSINESS WIRE)--Nidec (TOKYO:6594; OTC US:NJDCY) announces that it will make a minority equity investment of USD 20M in Eve Air Mobility (“Eve”), a manufacturer of electric vertical tak...

5 months ago - Business Wire

Nidec Has Attractive Drivers And Strong Technology, But Profit Execution Has Been Notably Lacking

Nidec's most recent quarter underlines its ongoing challenges hitting its own profitability targets, as the company took another large charge for its e-axle business. This year looks challenging, as N...

5 months ago - Seeking Alpha

Nidec Announces Material Weakness About Nidec's Internal Control Over Its Financial Reporting and Its Corrective Actions Implemented

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announces today that the Company has stated in the internal control report for the fiscal year ended March...

5 months ago - Business Wire

Nidec sees AI-related business expanding to more than $6 billion

Japanese electronic motor maker Nidec sees its business in water-cooling modules for generative artificial intelligence data centres expanding to 1 trillion yen ($6.32 billion) in sales.

5 months ago - Reuters

Nidec Announces Material Weakness About Nidec's Internal Control Over Its Financial Reporting

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announces today that it has identified a material weakness in its internal control report for the fiscal y...

6 months ago - Business Wire