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home / news releases / NNDNF - Nidec: Need To Show More To Justify Valuation

NNDNF - Nidec: Need To Show More To Justify Valuation

Nihon Densan Kabushiki Kaisha
  • Nidec is a top class industrial company with a credible track record and strong management under founder CEO Nagamori.
  • The company has been aiming to aggressively expand into EV traction motors. The risk is that expectations may be too inflated.
  • With the shares trading on PER FY3/2023 44.9x, we are neutral on the shares.

For further details see:

Nidec: Need To Show More To Justify Valuation
Stock Information
Company Name: Nihon Densan Kabushiki Kaisha
Stock Symbol: NNDNF
Market: OTC
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