Previous Close | 2,923.00 |
Open | 2,920.00 |
Bid | 2,874.50 x 0 |
Ask | 2,879.50 x 0 |
Day's Range | 2,875.00 - 2,927.50 |
52 Week Range | 2,672.50 - 4,033.00 |
Volume | |
Avg. Volume | 6,034,749 |
Market Cap | 3.306T |
Beta (5Y Monthly) | 0.97 |
PE Ratio (TTM) | 28.10 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 40.00 (1.37%) |
Ex-Dividend Date | Mar 28, 2025 |
1y Target Est | N/A |
NJDCY vs. OLED: Which Stock Is the Better Value Option?
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 a weaker yen. The company raised its expectations for operating profit in the financial year to the end of March 2025 to 240 billion yen ($1.53 billion), versus an earlier forecast of 230 billion yen and an average analyst view of 246.9 billion yen. Operating profit for the April-June quarter totalled 60.3 billion yen, largely in line with 60.2 billion yen in the same period a year earlier and compared with the average estimate of 58.4 billion yen in a survey of four analysts by LSEG.
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. That compares to the 40 to 50 billion yen in sales of cooling modules for AI servers that Nidec is aiming for in the year to March 2025, and expectations for about 100 billion yen in the following year. "I think it will reach one trillion yen" in revenues, company Chairman Shigenobu Nagamori told a news conference following an annual shareholders meeting, without specifying how soon that goal will likely be achieved.