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Nidec Corporation (NJDCY) Q2 2021 Earnings Conference Call October 26, 2021 9:00 AM ET Company Participants Yoichi Orikasa – General Manager-Mitsubishi UFJ Morgan Stanley Securities Hidetoshi Yokota – Senior Vice President and Chief Financial Officer Jun Seki – President ...
The following slide deck was published by Nidec Corporation in conjunction with their 2021 Q2 earnings call. For further details see: Nidec Corporation 2021 Q2 - Results - Earnings Call Presentation
KYOTO, Japan, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced differences between its financial forecast for the six months ended September 30, 2021 (previously announced on July 21, 2021) and the actual financial ...
KYOTO, Japan, Oct. 26, 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 period of April 1, 2021 through September 30, 2021. The...
Bank of Kyoto, Ltd. is the largest regional bank in Kyoto and trades at 32% of book value. Its banking business faces a challenging environment, but the bank holds a Japan equities portfolio which is worth thrice its market cap. Its portfolio includes a Nintendo stake, which is wo...
KYOTO, Japan, Oct. 04, 2021 (GLOBE NEWSWIRE) -- On July 9, 2021, Nidec Corporation (the “Company”) received an initial assessment result from the Tokyo Stock Exchange (TSE) regarding the listing criteria for the bourse's new market segments, which confirmed that the Company fu...
Nidec is a world leader in brushless DC motors which are more efficient, use less electricity, and can be found in a variety of products. The company also manufactures motors for electric vehicles (EVs), an activity scheduled to ramp up in the next 5 years. Nidec faces some headwi...
American Axle generated meaningfully better revenue and profits than expected in the second quarter, and the company is well-placed to leverage eventually inventory-rebuilding of SUVs and pickups. The key debate still centers on AXL's position in electrification; I don't find the eDri...
KYOTO, Japan, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it has completed yesterday, with certain exceptions, the acquisitions of: the shares of Mitsubishi Heavy Industries Machin...
Nidec surpassed fiscal first quarter estimates by a healthy margin, despite supply headwinds in two of its key businesses (small precision motors and autos). The opportunity in motors for electric cars remains very appealing, but the opportunity to sell motors for smaller electrified ...
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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...