NNDNF - Nidec Corporation
| Previous Close | 50.70 |
| Open | 53.84 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 53.84 - 53.84 |
| 52 Week Range | 47.00 - 76.00 |
| Volume | |
| Avg. Volume | 2,234 |
| Market Cap | 30.971B |
| Beta (5Y Monthly) | 1.09 |
| PE Ratio (TTM) | 28.79 |
| EPS (TTM) | 1.87 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.52 (1.03%) |
| Ex-Dividend Date | Sept 28, 2023 |
| 1y Target Est | N/A |
Business WireNidec announces interim dividends and the Company's share repurchase for the previous fiscal year were in excess of the distributable amount
KYOTO, Japan, June 02, 2023--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) (the "Nidec" or the "Company") resolved at a meeting of its Board of Directors held on October 24, 2022 to pay an interim dividend of 35 yen per share (the "Interim Dividend"). In the course of a careful examination of the distributable amount for the fiscal year ended March 31, 2023, it was discovered that the Interim Dividend exceeded the distributable amount calculated in accordance with the Japanese Companies Act an
Business WireNidec Announces the Status of Own Share Repurchase
KYOTO, Japan, June 01, 2023--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 at a meeting of the Board of Directors held on January 24, 2023, pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.
Business WireNidec Announces Annual Dividend Payout from Retained Earnings
KYOTO, Japan, May 26, 2023--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 26, 2023 to distribute retained earnings (date of record: March 31, 2023) in the form of an annual dividend as outlined below:
ZacksLGL vs. NJDCY: Which Stock Is the Better Value Option?
LGL vs. NJDCY: Which Stock Is the Better Value Option?
ReutersJapan's Nidec posts first quarterly loss in 10 years
Japanese electric motor maker Nidec Corp on Monday posted its first quarterly operating loss in a decade, hit by hefty restructuring costs and difficulty in procuring semiconductors and other components. "The business environment surrounding Nidec continues to be severe," the company said, warning of a delay in the recovery of global automobile production, among other headwinds. It was also squeezed by a decline in unit growth rate in the electric vehicle (EV) market in China and a peaking of capital investment-related demand, it said in a statement.
Business WireNidec Announces Financial Results for Fiscal Year Ended March 31, 2023
KYOTO, Japan, April 24, 2023--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards ("IFRS") for the fiscal year ended March 31, 2023.
- Business Wire
Nidec Copal Electronics Completes the Acquisition of the Shares of Midori Precisions
KYOTO, Japan, March 31, 2023--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") announced today that Nidec Copal Electronics Corporation ("Nidec Copal Electronics"), a subsidiary of the Company, has completed the acquisition of all shares of Midori Precisions Co., Ltd. ("Midori Precisions") on March 31, 2023 (the "Stock Acquisition"), in line with the Company’s March 15, 2023 press release, "Nidec Executes Stock Transfer Agreement on Nidec Copal Electronics’ Acquisition of Midori Pr
Business WireNidec Executes Stock Transfer Agreement on Nidec Copal Electronics’ Acquisition of Midori Precisions
KYOTO, Japan, March 15, 2023--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company" or "Nidec") announced today that it passed a resolution in the meeting of the Board of Directors held on March 15, 2023 (Japan time) on the purchase by Nidec Copal Electronics Corporation, a subsidiary of the Company, of all the shares of Midori Precisions Co., Ltd. ("Midori Precisions"), a company that develops, manufacturers, and sells potentiometers and other electronic components (the "Stock Acquisiti
ReutersJapan's Nidec lines up five execs as chairman contenders
Japanese electric motor company Nidec Corp on Monday lined up five contenders to eventually take the reins as chairman from the firm's no-nonsense 78-year-old founder, Shigenobu Nagamori. The move marked the latest chapter in a long-running succession struggle at the firm, in which Nagamori last year made a surprise comeback as chief executive officer (CEO) after initially appointing another executive to the role in 2021. Nidec said its board of directors had on Friday decided to name five people Executive Vice Presidents (EVP) from April 1.
Business WireNidec Selects Five Persons to Serve as Executive Vice Presidents
KYOTO, Japan, March 13, 2023--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company" or "Nidec") announced today it has passed a resolution in an extraordinary meeting of the Board of Directors held on March 10, 2023 on five persons to be appointed to serve as the Company’s Executive Vice Presidents from April 1, 2023. They were selected based on the Company’s selection policy and criteria deliberated by the Nomination Committee. The Company will appoint one of these five Executive Vice P
Business WireNidec’s Disaster Relief and Recovery Assistance for Turkey-Syria Earthquake
KYOTO, Japan, March 09, 2023--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) ("Nidec") would like to extend its deepest sympathy and condolences to the people of Turkey and Syria affected by the devastating earthquake that struck the region on February 6th. As a gesture of goodwill and support, Nidec will donate 10 million yen through the Japanese Red Cross Society to contribute to the ongoing recovery and relief efforts.
- Thomson Reuters StreetEvents
Q4 2022 FREYR Battery SA Earnings Call
Q4 2022 FREYR Battery SA Earnings Call
Business WireNidec Completes the Acquisition of the Shares of Italian Machine Tool Manufacturer PAMA and Its Affiliates
KYOTO, Japan, February 01, 2023--Nidec Corporation (TOKYO:6594; OTC US:NJDCY) (the "Company" or "Nidec") announced today that, in accordance with its November 30, 2022 press release, "Nidec to Execute a Share Transfer Agreement on Italian Machine Tool Manufacturer PAMA and Its Affiliates," it has completed the acquisition of all the shares of PAMA S.p.A ("PAMA") on February 1, 2023.
ReutersTaiwan's Foxconn taps former Nissan and Nidec heavyweight Seki for EV business
Seki, once seen as a contender for the top job at Nissan, later went to motor maker Nidec, holding the role of chief executive before having to resign to take responsibility for a deterioration in the company's earnings. Seki had been recruited to Nidec from Nissan by Nidec's hard-driving founder Shigenobu Nagamori in 2020 to help Nidec become a major player in components for next-generation automobiles.
BloombergFoxconn Hires Ex-Nidec CEO to Help Steer its Fledgling EV Arm
(Bloomberg) -- Foxconn Technology Group named former Nidec Corp. boss Jun Seki the chief strategy officer of its electric vehicle venture, making the first high-profile hire for a business the iPhone-maker hopes will carve out new markets.Most Read from BloombergMerck Covid Drug Linked to New Virus Mutations, Study SaysAdani Crisis Deepens as Stock Rout Hits $108 BillionPorsche Blunder Puts $148,000 Sportscar on Sale for Just $18,000Plenty of Americans Are Drinking Bleach, Still for Sale on Amaz
- Reuters
Japan's Nikkei sees biggest weekly gain in over 2 months, earnings caution weighs
Japan's Nikkei on Friday posted the biggest weekly jump in more than two months, with the index recovering all of its losses since the Bank of Japan's surprise policy tweak last month. The index posted a 3.12% weekly gain, the biggest since the week ended Nov. 11. "Investors sold stocks after the Nikkei recovered all the declines stemmed from the Bank of Japan's policy tweak last month," said Jun Morita, general manager of the research department at Chibagin Asset Management.
- Reuters
Japan's Nikkei tracks Wall Street higher, earnings caution limit gains
Japan's Nikkei index edged up on Friday, tracking Wall Street's climb overnight, but the gains were limited as caution for negative surprises from domestic firms' earnings weighed on sentiment. Wall Street ended a choppy session higher overnight as investors grappled with an onslaught of economic data and a string of mixed corporate earnings. "Investors sold stocks after the Nikkei has recovered all the declines stemmed from the Bank of Japan's policy tweak last month," said Jun Morita, general manager of the research department at Chibagin Asset Management.
- Reuters
Japan's Nikkei rallies for fourth day, Dai Nippon Printing tops gains
Japan's Nikkei share average rose on Wednesday, extending its rally to a fourth session, although gains were subdued following a surge above the crucial 27,000 level in the previous session. Automotive battery component supplier Dai Nippon Printing soared 13% to top the leader board, following media reports that activist investor Elliott Management had taken a large stake. Suzuki Motor was another big gainer, after its India unit Maruti Suzuki's quarterly profit more than doubled.
ReutersNidec shares slide 7% after profit forecast cut
Shares in Japan's Nidec Corp slumped as much as 7% on Wednesday morning in Tokyo after the electric motor maker nearly halved its full-year profit forecast on a slow recovery of the car industry and due to expenses from a restructuring push. The third-quarter result, which saw the Kyoto-based firm report an operating profit of 28 billion yen, down 37% from a year earlier, delivered investors a negative surprise, said Kazuyoshi Saito, senior analyst at Iwai Cosmo Securities. "While profitability is likely to return next quarter after the company's restructuring costs disappear, there's uncertainty in external and macroeconomic conditions," he said.
ReutersJapan's Nidec slashes full-year operating profit forecast on weak demand, restructuring costs
TOKYO (Reuters) -Japanese electric motor maker Nidec Corp slashed its full-year operating profit forecast by nearly half on Tuesday as it faced pressure from weakening demand for technology goods and a slower-than-expected recovery of the global car industry. The downgrade, which was partly due to expenses from an on-going restructuring push to bring down fixed costs, shows the difficulties manufacturers may face in attempting to capture a bigger slice of the global electric vehicle (EV) market. The company cut its operating profit forecast for the financial year through March by 48% to 110 billion yen ($845 million), well below an average forecast of 202.5 billion yen by 20 analysts, according to Refinitiv data.
- Reuters
UPDATE 3-Japan's Nidec slashes full-year operating profit forecast on weak demand, restructuring costs
Japanese electric motor maker Nidec Corp slashed its full-year operating profit forecast by nearly half on Tuesday as it faced pressure from weakening demand for technology goods and a slower-than-expected recovery of the global car industry. The downgrade, which was partly due to expenses from an on-going restructuring push to bring down fixed costs, shows the difficulties manufacturers may face in attempting to capture a bigger slice of the global electric vehicle (EV) market. The company cut its operating profit forecast for the financial year through March by 48% to 110 billion yen ($845 million), well below an average forecast of 202.5 billion yen by 20 analysts, according to Refinitiv data.
Business WireNidec Revises Consolidated Financial Forecasts for the Year Ending March 31, 2023
KYOTO, Japan, January 24, 2023--Nidec Corporation (TOKYO: 6594)(OTC US: NJDCY) (the "Company") today announced a revision to its IFRS-based consolidated full-year financial forecasts for the year ending March 31, 2023, previously announced on April 21, 2022.
Business WireNidec Board Authorizes Share Repurchase Plan
KYOTO, Japan, January 24, 2023--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 January 24, 2023, whereby the Company may repurchase up to 5 million shares in accordance with the Articles of Incorporation pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.
Business WireNidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2022
KYOTO, Japan, January 24, 2023--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards ("IFRS") for the period of April 1, 2022 through December 31, 2022.
Business WireNidec Files a Civil Action and a Complaint against Diamond, Inc.
KYOTO, Japan, January 24, 2023--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) ("Nidec" or the "Company") announced today that it has instituted an action against Diamond, Inc. and concerned individuals, requesting apology advertisements, among others, and submitted to the competent police station a damage report and a written complaint on the defamation by the aforementioned parties, stating that the recent article published by Diamond, Inc. on the Company is false and defames it.
