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Nidec Corp (NIB.BE)

41.27

+0.38

(+0.93%)

As of 8:09 AM GMT+2. Market Open.

Nidec Announces Financial Results for Fiscal Year Ended March 31, 2024

KYOTO, Japan, April 23, 2024--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards ("IFRS") for the fiscal year ended March 31, 2024.

Business Wire 2 days ago
Nidec Announces the Status of Own Share Repurchase

KYOTO, Japan, April 01, 2024--Nidec Corporation (TOKYO:6594; OTC US: NJDCY) (the "Company") today announced the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 24, 2024, pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.

Business Wire 24 days ago
Nidec Announces New President, Changes in Representative Directors and Others

KYOTO, Japan, February 14, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) ("Nidec" or the "Company") announced today that it has passed a resolution in an extraordinary meeting of the Board of Directors held on February 14, 2024 regarding the Company’s new Chairman and President, and on changes in its representative Directors.

Business Wire 2 months ago
Nidec Announces that Takisawa Consolidates Shares and Becomes a Wholly Owned Subsidiary of Nidec

KYOTO, Japan, February 02, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") announced today that Takisawa Machine Tool Co., Ltd. ("Takisawa") has passed a resolution at its extraordinary general meeting of shareholders held on January 12, 2024, to consolidate 900,000 of its common shares into one, and that the consolidation has taken effect today. With this share consolidation, Takisawa has become a wholly owned subsidiary of the Company.

Business Wire 2 months ago
Nidec Revises Consolidated Financial Forecasts and Year-End Dividend Projection for the Year Ending March 31, 2024

KYOTO, Japan, January 24, 2024--Nidec Corporation (TOKYO:6594; OTC US: NJDCY) (the "Company") today announced a revision to its IFRS-based consolidated full-year financial forecasts and upward revision to its year-end dividend projection for the year ending March 31, 2024, previously announced on April 24, 2023.

Business Wire 2 months ago
Nidec Board Authorizes Share Repurchase Plan

KYOTO, Japan, January 24, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") announces today that its Board of Directors has authorized a new share repurchase plan at a meeting held on January 24, 2024, whereby the Company may repurchase up to 2 million shares in accordance with the Articles of Incorporation pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.

Business Wire 2 months ago
Nidec Announces the Status of Share Repurchases and the Completion of the Share Repurchase Plan

KYOTO, Japan, January 24, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") today announces the status of the Company’s share repurchases under its repurchase plan in accordance with the Articles of Incorporation pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.

Business Wire 2 months ago
Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2023

KYOTO, Japan, January 24, 2024--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, 2023 through December 31, 2023.

Business Wire 2 months ago
Nidec announces investment in Gore Street Energy Storage Fund PLC, an operator of energy storage systems, for strategic partnership through Nidec’s subsidiary

KYOTO, Japan, December 19, 2023--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company" or "Nidec") has announced that we will complete an investment of 15.8 million GBP in Gore Street Energy Storage Fund PLC ("GSF"), an investment trust fund that operates an energy storage system business, through the Company’s subsidiary, Nidec Motor Corporation ("NMC"), on December 19, 2023 (US time).

Business Wire 4 months ago
Nidec Announces Notice Regarding the Completion of Purchase and Settlement of Tendered Shares Certificates, etc. in Tender Offer of Takisawa Machine Tool Co., Ltd. (Securities Code: 6121) and its Entry to Nidec Group

KYOTO, Japan, November 20, 2023--As announced in the press release dated November 14, 2023, "Notice Regarding the Results of the Tender Offer for Takisawa Machine Tool Co., Ltd. (Securities Code: 6121)", in the tender offer conducted by Nidec Corporation in accordance with the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended) and related laws and regulations (the "Tender Offer"), regarding the common shares issued by Takisawa Machine Tool Co., Ltd. (listed on the Standard M

Business Wire 5 months ago
Nidec Announces Changes to the Press Release, "Notice Regarding Commencement of Tender Offer for Takisawa Machine Tool Co., Ltd. (Securities Code: 6121)" due to Changes in Conditions to the Tender Offer to the Company

KYOTO, Japan, October 27, 2023--Nidec Corporation (TOKYO: 6594)(OTC US: NJDCY) (the "Tender Offeror") decided on September 13, 2023 to acquire, through a tender offer under the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended, the "Act") and related laws and regulations (the "Tender Offer"), the common shares (the "Target Company Shares") of Takisawa Machine Tool Co., Ltd. (Securities Code: 6121. The "Target Company"), which is listed on the Standard Market of the Tokyo Sto

Business Wire 5 months ago
Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2023

KYOTO, Japan, October 23, 2023--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, 2023 through September 30, 2023.

Business Wire 5 months ago
Nidec Announces Differences between Projected and Actual Financial Results for First-Half FY2023

KYOTO, Japan, October 23, 2023--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") today announced differences between its financial forecast for the six months ended September 30, 2023 (previously announced on April 24, 2023) and the actual financial results released today.

Business Wire 5 months ago
Nidec Announces Transfer upon Merger of Certified Public Accountants, etc.

KYOTO, Japan, October 17, 2023--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") announced today that, based on the provisions of Article 193, Paragraph 2, Items 1 and 2 of the Financial Instruments and Exchange Act, the certified public accountants, etc. who are in charge of the Company’s audit certification are planned to be transferred, as outlined below.

Business Wire 6 months ago
Nidec and Embraer Receive Approval for Joint Venture to Develop Electric Propulsion System for Aerospace Sector

KYOTO, Japan, October 05, 2023--Japan’s Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) welcome the unconditional approval from all necessary regulatory authorities for the establishment of their joint venture, Nidec Aerospace LLC. The transaction combines the complementary synergies and distinct areas of expertise of two world-class engineering conglomerates to develop Electric Propulsion Systems (EPS) for the aerospace sector.

Business Wire 6 months ago
Nidec Completes Acquisition of Automatic Feed Company and Related 2 Companies, US-based Press Machine Equipment Manufacturers

KYOTO, Japan, August 02, 2023--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 "Target"), from its founding family on August 1, 2023 (the "Transaction"). As a result of the Transaction, the Target became a consolidated subsidiary of Nidec, as outlined below:

Business Wire 8 months ago
Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2023

KYOTO, Japan, July 20, 2023--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.

Business Wire 9 months ago
Nidec Completes Acquisition of Houma Armature Works, a US-based Motor and Generator Service Provider

KYOTO, Japan, July 04, 2023--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’s subsidiary, Nidec Motor Corporation ("NMC"), on July 3, 2023 (US time) (the "Transaction"). As a result of the Transaction, Houma became a consolidated subsidiary of Nidec, as outlined below:

Business Wire 9 months ago
Nidec Files a Civil Action and a Complaint against Toyo Keizai Inc. and Former Employee, etc.

KYOTO, Japan, June 28, 2023--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 office a written complaint, on the violation of the Unfair Competition Prevention Act by the aforementioned parties, stating that the article about the Company reported by Toyo Keizai Inc. on February 10

Business Wire 9 months ago
Nidec and Embraer announce joint venture agreement to develop Electric Propulsion System for emerging aerospace industry

KYOTO, Japan, June 18, 2023--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 sector. The transaction combines the complementary synergies and distinct areas of expertise of two world-class engineering companies to spearhead a new era of air mobility.

Business Wire 10 months ago

Performance Overview

Return	NIB.BE	Nikkei 225
YTD	-2,206.84%	+12.44%
1-Year	-8,399.22%	+31.48%
3-Year	-83,313.82%	+29.66%

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Nidec Corp (NIB.BE)

Nidec Announces Financial Results for Fiscal Year Ended March 31, 2024

Nidec Announces the Status of Own Share Repurchase

Nidec Announces New President, Changes in Representative Directors and Others

Nidec Announces that Takisawa Consolidates Shares and Becomes a Wholly Owned Subsidiary of Nidec

Nidec Revises Consolidated Financial Forecasts and Year-End Dividend Projection for the Year Ending March 31, 2024

Nidec Board Authorizes Share Repurchase Plan

Nidec Announces the Status of Share Repurchases and the Completion of the Share Repurchase Plan

Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2023

Nidec announces investment in Gore Street Energy Storage Fund PLC, an operator of energy storage systems, for strategic partnership through Nidec’s subsidiary

Nidec Announces Notice Regarding the Completion of Purchase and Settlement of Tendered Shares Certificates, etc. in Tender Offer of Takisawa Machine Tool Co., Ltd. (Securities Code: 6121) and its Entry to Nidec Group

Nidec Announces Changes to the Press Release, "Notice Regarding Commencement of Tender Offer for Takisawa Machine Tool Co., Ltd. (Securities Code: 6121)" due to Changes in Conditions to the Tender Offer to the Company

Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2023

Nidec Announces Differences between Projected and Actual Financial Results for First-Half FY2023

Nidec Announces Transfer upon Merger of Certified Public Accountants, etc.

Nidec and Embraer Receive Approval for Joint Venture to Develop Electric Propulsion System for Aerospace Sector

Nidec Completes Acquisition of Automatic Feed Company and Related 2 Companies, US-based Press Machine Equipment Manufacturers

Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2023

Nidec Completes Acquisition of Houma Armature Works, a US-based Motor and Generator Service Provider

Nidec Files a Civil Action and a Complaint against Toyo Keizai Inc. and Former Employee, etc.

Nidec and Embraer announce joint venture agreement to develop Electric Propulsion System for emerging aerospace industry

Performance Overview