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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 th...
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 ...
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...
Summary Nidec posted ugly third quarter results, with a revenue miss driven by weak end-markets and a larger operating income miss driven by ongoing cost/margin issues. Management is launching an aggressively cost restructuring effort meant to prioritize operational streamlining, produc...
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,ȁ...
Nidec Corporation (NJDCY) Q3 2022 Earnings Conference Call January 24, 2023 9:00 AM ET Company Participants Yoichi Orikasa - General Manager, Kyoto branch of Mitsubishi UFJ Morgan Stanley Securities Akinobu Samura - Senior Vice President and Chief Financial Officer C...
The following slide deck was published by Nidec Corporation in conjunction with their 2022 Q3 earnings call. For further details see: Nidec Corporation 2022 Q3 - Results - Earnings Call Presentation
Nidec press release ( OTCPK:NJDCY ): Q3 GAAP EPS of ¥30.32. Revenue of ¥568.98B (+14.6% Y/Y). For further details see: Nidec GAAP EPS of ¥30.32, revenue of ¥568.98B
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. The highlights are as follows: Nine months net sales...
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...
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Nidec (TOKYO:6594; OTC US:NJDCY) announces that it will make a minority equity investment of USD 20M in Eve Air Mobility (“Eve”), a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and launch partner for Nidec Aerospace’s propulsion system, through Nide...
Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announces today that it has identified a material weakness in its internal control report for the fiscal year ended March 31, 2023 audited by our auditor that the Company submitted to the Kanto Local Finance Bureau in ac...
Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today submitted amendment reports to its Securities Reports, Quarterly Reports and Internal Control Report audited by our auditor and submitted in previous fiscal years, to Kanto Local Finance Bureau. The Company also pa...