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2023-08-28 20:53:35 ET Summary Nidec's share price performance has been hurt not only by currency moves but growing concerns over the health of the key Chinese market. The company's fiscal first quarter showed better-than-expected results, with revenue rising 5% and operating inco...
Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has acquired full ownership of Automatic Feed Company, Lasercoil Technologies LLC, and Automatic Leasing Company, privately-owned US companies (collectively the &...
2023-07-20 15:41:02 ET Nidec Corporation (NJDCY) Q1 2023 Earnings Conference Call July 20, 2023 09:00 AM ET Company Participants Masayuki Abe - General Manager Akinobu Samura - SVP and CFO Masahiro Nagayasu - General Manager, IR Department Conference Call P...
2023-07-20 04:15:39 ET Nidec press release ( OTCPK:NJDCY ): Q1 GAAP EPS of ¥111.45. Revenue of ¥566.1B (+4.8% Y/Y). For further details see: Nidec GAAP EPS of ¥111.45, revenue of ¥566.1B
Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2023. The highlights are as follows: Net sales increased 4.8% Y/Y to ¥566....
Nidec Corporation (TOKYO:6594; OTC US:NJDCY) (the “Company” or “Nidec”) today announced that it has acquired full ownership of TAR, LLC d/b/a Houma Armature Works, a privately- owned US company (“Houma”), from its founding family, through the Company ...
2023-06-28 23:35:29 ET Summary Spirax-Sarco is an LSE-listed industrial conglomerate that holds leadership positions over their niche markets. Although financials are of safe quality, the more nimble size of the company also suits long-minded investors. I expect returns to riv...
Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) (“Nidec” or the “Company”) announced today that it has instituted an civil action against Toyo Keizai Inc. and concerned individuals, requesting damage compensation, among others, and will submit to the competent police o...
2023-06-19 06:45:05 ET Japan’s Nidec ( OTCPK:NJDCY ) and Brazil’s Embraer ( ERJ ) to form a joint venture called Nidec Aerospace to develop electric propulsion systems for the aerospace sector. The transaction combines the complementary synergies and distinct...
Japan’s Nidec Corporation (TSE: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) today announced an agreement to establish a joint venture company, called Nidec Aerospace LLC (hereunder “JV”), to develop Electric Propulsion Systems for the aerospace sec...
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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...