Nidec Corporation (TYO: 6594)
Japan
· Delayed Price · Currency is JPY | Market Cap | 3.29T |
| Revenue (ttm) | 2.43T |
| Net Income (ttm) | 117.12B |
| Shares Out | 574.60M |
| EPS (ttm) | 203.83 |
| PE Ratio | 28.03 |
| Forward PE | 15.47 |
| Dividend | 80.00 (1.40%) |
| Ex-Dividend Date | Sep 27, 2024 |
| Volume | 2,153,600 |
| Open | 5,588.00 |
| Previous Close | 5,731.00 |
| Day's Range | 5,542.00 - 5,771.00 |
| 52-Week Range | 5,345.00 - 8,066.00 |
| 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]
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 StatementsNews
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
Notice regarding the Partial Amendments of Previous Financial Statements Summary, Securities Reports and Internal Control Report
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today submitted amendment reports to its Securities Reports, Quarterly Reports and Internal Control Report...
Nidec Announces Annual Dividend Payout from Retained Earnings
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today announced that the Company resolved at a meeting of its Board of Directors held on May 24, 2024 to d...
Nidec Board Authorizes Share Repurchase Plan
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594; OTC US:NJDCY) (the “Company”) announces today that its Board of Directors has authorized a new share repurchase plan at a meeting held on ...
Nidec Announces the Status of Share Repurchases and the Completion of the Share Repurchase Plan
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the ”Company”) today announces the status of the Company's share repurchases under its repurchase plan in accordance with...
Nidec Corporation (NJDCY) Q4 2023 Earnings Call Transcript
Nidec Corporation (NJDCY) Q4 2023 Earnings Call Transcript
Nidec Corp. Posts Net Loss on EV-Motor Business Restructuring
Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.
Nidec posts quarterly loss, hit by restructuring costs
Japanese electric motor maker Nidec on Tuesday posted an operating loss for the January to March quarter, hit by the costs of restructuring steps taken to deal with fierce price competition in China's...
Nidec Stock: Spotlight On New CEO And Potential M&A
Mitsuya Kishida has recently assumed the CEO role, and there are positive expectations that Nidec Corporation's EV traction motors business will achieve a successful turnaround under his charge.
Nidec, KPS compete for Siemens' $3 bln Innomotics unit, Bloomberg reports
Japan's Nidec Corp and U.S.-based private equity firm KPS Capital Partners are competing to acquire Siemens AG's Innomotics large motors business, Bloomberg News reported on Monday.
Nidec Announces New President, Changes in Representative Directors and Others
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) announced today that it has passed a resolution in an extraordinary meeting of the Board of Dir...
Nidec Announces that Takisawa Consolidates Shares and Becomes a Wholly Owned Subsidiary of Nidec
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announced today that Takisawa Machine Tool Co., Ltd. (“Takisawa”) has passed a resolution at its extraordi...