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NJDCY News and Press, Nihon Densan Kabushiki Kaisha ADR From 04/22/21

Stock Information

Company Name: Nihon Densan Kabushiki Kaisha ADR
Stock Symbol: NJDCY
Market: OTC

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NJDCY - Nidec reports FQ4 results

Nidec (NJDCY): FQ4 GAAP EPS of ¥65.46.Revenue of ¥433.07B (+15.4% Y/Y)Press Release For further details see: Nidec reports FQ4 results

NJDCY - Nidec Announces Financial Results for Fiscal Year Ended March 31, 2021

KYOTO, Japan, April 22, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the fiscal year ended March 31, 2021. The highlights are a...

NJDCY - Nidec Holds an Event to Announce Its Decision to Open New Factories and Launch of Business in Serbia

KYOTO, Japan, April 12, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has decided to open new factories in the city of Novi Sad in the Republic of Serbia (“Serbia”), and that...

NJDCY - Nidec Decides Terms and Conditions of Senior Unsecured Bonds Denominated in Euro (Green Bond)

KYOTO, Japan, March 25, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that it has decided the terms of senior unsecured bonds denominated in Euro (Green Bond*) (the "Bonds") in the overseas securities markets. The key ter...

NJDCY - Nidec Decides Terms of Senior Unsecured Bonds Denominated in Euro (Green Bond)

KYOTO, Japan, March 19, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced the plan to issue senior unsecured bonds denominated in Euro (Green Bond* 1 ) (the “Bonds”) in the overseas securities markets in ord...

NJDCY - Valeo Still Outgrowing The Market, But Investors Stung By Weak Guidance

Valeo's fourth quarter results were better than expected, with improving performance relative to underlying auto production and better than expected margins. Guidance was weaker than expected and confusing, with management guiding about 7% below the Street on "conservative" assumption...

NJDCY - Nidec: Need To Show More To Justify Valuation

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/...

NJDCY - Nidec Harnessing Electric Motors As Growth Drivers

Nidec had a strong fiscal third quarter despite weak results in the HDD motor business, with revenue and operating income both growing and beating expectations by a wide margin. Management maintained its FY25 target for e-axle shipments but noted ongoing strength in inquiries and cust...

NJDCY - Nidec to Acquire Mitsubishi Heavy Industries Machine Tool Co., Ltd.

KYOTO, Japan, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire: the shares of Mitsubishi Heavy Industries Machine Tool Co., L...

NJDCY - EWJ Is Inexpensive, But Upside Is Questionable

In the 2010s, Japan was consistently underperforming the G7 group, the overall advanced economies cohort, and the U.S. However, 2020 was a banner year for its stock market. The Nikkei 225 Stock Average ended the year on an up note with a 16% gain. EWJ is nicely diversified, overwe...

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