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Nidec Corporation (NNDNF)

Other OTC - Other OTC Delayed Price. Currency in USD
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65.00+0.60 (+0.93%)
At close: 10:44AM EDT
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Previous Close64.40
Open65.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range65.00 - 65.00
52 Week Range61.33 - 127.52
Volume943
Avg. Volume2,036
Market Cap37.755B
Beta (5Y Monthly)1.31
PE Ratio (TTM)35.25
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.54 (0.83%)
Ex-Dividend DateSept 29, 2022
1y Target EstN/A
  • Reuters

    Nidec's founder returns as CEO after profit miss

    TOKYO (Reuters) -The founder of Nidec Corp is returning to the role of CEO less than a year after relinquishing it, the Japanese electric motor maker said on Thursday, as it reported quarterly earnings that missed expectations. Shigenobu Nagamori, who founded Nidec in 1973 and is also its chairman, will replace Jun Seki, who is returning to the position of chief operating officer with immediate effect. "In times like these, I, as the founder of the company who knows everything, will take the lead in the short term to further improve business performance."

  • Reuters

    UPDATE 2-Motor maker Nidec's profit slips on copper prices, chip shortage

    Nidec Corp, a Japanese maker of electric motors, on Wednesday said third-quarter operating profit dipped as rising material prices and a shortage of semiconductors squeezed margins. "Delays in negotiations to increase product prices were a reason for the profit drop," Chairman and founder Shigenobu Nagamori said at a briefing. Both executives said they continued to work closely together, dismissing recent media reports that the company founder regretted hiring the former Nissan Motor Co executive in 2020 to succeed him.

  • Reuters

    Motor maker Nidec's profit slips on copper prices, chip shortage

    TOKYO (Reuters) -Nidec Corp, a Japanese maker of electric motors, on Wednesday said third-quarter operating profit dipped as rising material prices and a shortage of semiconductors squeezed margins. "Delays in negotiations to increase product prices were a reason for the profit drop," Chairman and founder Shigenobu Nagamori said at a briefing. Both executives said they continued to work closely together, dismissing recent media reports that the company founder regretted hiring the former Nissan Motor Co executive in 2020 to succeed him.