Nidec Corp

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q3 2023

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Earnings data Q2 2024

Earnings data Q3 2024

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NIDEC CORP. engages in the development, manufacturing, and sale of small precision, automotive, commercial & industrial motors, electronic & optical components, and other related products. It operates through the following segments: Nidec, Nidec Electronics Thailand, Nidec Singapore, Nidec Hong Kong, Nidec Sankyo, Nidec Copal, Nidec Techno Motor, Nidec Motor, and Nidec Motors & Actuators. The Nidec segment develops and sells hard disk drive (HDD) motors, small motors, and in-vehicle products. The Nidec Electronics Thailand segment manufactures and sells HDD motors. The Nidec Singapore sells HDD and other small motors. The Nidec Hong Kong segment produces and markets HDD and other small motors. The Nidec Sankyo segment manufactures and sells automotive products, electronic components, and other small motors. The Nidec Copal segment manufactures and sells optical and electronic products and equipment. The Nidec Techno Motor segment produces and sells commercial and industrial products. The Nidec Motor segment offers consumer electronics, and commercial & industrial products. The Nidec Motors & Actuators segment manufactures and sells automotive products. The company was founded by Shigenobu Nagamori and Hiroshi Kobe on July 23, 1973 and is headquartered in Kyoto, Japan.

KYOTO, Japan, Oct. 24, 2022 (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, 2022 through September 30, 2022.

Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2022

KYOTO, Japan, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594) (OTC US: NJDCY) (“Nidec” or the “Company”) noted today that Toyo Keizai Online published an article on October 24, 2022 which, following its October 7, 2022 article, expresses doubts that Nidec is conducting inappropriate processing in the acquisition of treasury stock.

Nidec Comments on Toyo Keizai Online's Article Published on October 24, 2022

KYOTO, Japan, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594) (OTC US: NJDCY) has noted today that Toyo Keizai Online published an article on October 7, 2022 which expresses doubts that Nidec is conducting inappropriate processing in the acquisition of treasury stock. The article is completely wrong.

Nidec Comments on Toyo Keizai Online's Article

(Repurchases of Shares Pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan) (Repurchases of Shares Pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan)

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

KYOTO, Japan, Aug. 30, 2022 (GLOBE NEWSWIRE) -- On August 30, 2022 (Japan Standard Time), Nidec Corporation (“Nidec”) (TSE: 6594; OTC US: NJDCY) signed a joint venture agreement with FREYR BATTERY SA (“FREYR”) (NYSE: FREY), a Norwegian semi-solid lithium-ion battery manufacturer.

Nidec Signs Joint Venture Agreement with Norwegian Semi-Solid Lithium-Ion Battery Manufacturer FREYR Battery

Japanese electric motor company Nidec Corp Chief Operating Officer Jun Seki intends to step down from the position and leave the company, the Nikkei newspaper reported on Thursday.

Nidec COO to step down, leave company - Nikkei

Nidec Corporation (OTCPK:NJDCY) Q1 2022 Earnings Conference Call July 20, 2022 9:00 AM ET Company Participants Taku Miyagawa - Mitsubishi UFJ Morgan Stanley Securities Jun Seki - Representative Director, President & Chief Operating Officer Akinobu Samura - SVP & CFO Masahiro Nagayasu - General Manager of the IR & CSR Promotion Conference Call Participants Ramsai Neelam - State Street Global Advisors Takashi Ito - ARGA Investment Management Tom Grew - Alma Capital Jonathan Greenhill - Barings Asset Management Taku Miyagawa Dear all, thank you very much for joining Nidec's Conference Call. I am Taku Miyagawa, General Manager, Corporate Division of Mitsubishi UFJ Morgan Stanley Securities.

Nidec Corporation (NJDCY) Management on Q1 2022 Results - Earnings Call Transcript

KYOTO, Japan, July 20, 2022 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2022.

Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2022

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Nidec: 3 Reasons To Choose It Over General Electric

KYOTO, Japan, June 06, 2022 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it has signed and submitted a commitment letter to the SBTi* to set new climate targets consistent with its plan for achieving carbon neutrality by FY2040. In a similar effort toward this end, the Company is also committed to aligning its corporate reporting with the TCFD** recommendations.

Nidec Commits to SBT and TCFD Initiatives

Nidec Corporation ( OTCPK:NJDCY ) Q4 2021 Earnings Conference Call April 21, 2022 9:00 AM ET Company Participants Yoichi Orikasa – General Manager, Kyoto branch of Mitsubishi UFJ Morgan Stanley Securities Jun Seki – Representative Director, President and Chief Operating Officer Hidetoshi Yokota – Senior Vice President and Chief Financial Officer Masahiro Nagayasu – General Manager of the Investor Relations & CSR Promotion Conference Call Participants Ramsai Neelam – State Street Global Advisors Yoichi Orikasa Dear all, thank you very much for joining Nidec's Conference Call. I am Yoichi Orikasa, General Manager, Kyoto branch of Mitsubishi UFJ Morgan Stanley Securities.

Nidec Corporation's (NJDCY) Management on Q4 2021 Results - Earnings Call Transcript

KYOTO, Japan, April 21, 2022 (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, 2022.

Nidec Announces Financial Results for Fiscal Year Ended March 31, 2022

KYOTO, Japan, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that, based on the resolution made in a meeting of its Board of Directors held on November 18, 2021 (Japan time), the Company has completed the purchase of the shares of OKK Corporation (“OKK”) through a third-party allocation of common shares (the “Share Purchase”) by paying their total issue value of 5,478,950,247 yen today (February 1, 2022). For more details and other information regarding the Share Purchase, please see our press release, “Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation,” dated November 18, 2021.

Nidec Completes the Purchase of Stake in OKK Corporation via Third-Party Share Allocation

NIDEC Corporation (NJDCY) CEO Jun Seki on Q3 2021 Results - Earnings Call Transcript

KYOTO, Japan, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced upward revision to its year-end dividend projection for the year ending March 31, 2022, previously announced on October 26, 2021.

Nidec Raises Year-End Dividend Projection for the Year Ending March 31, 2022

KYOTO, Japan, Jan. 26, 2022 (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 December 31, 2021.

Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2021

(Repurchases of Shares Pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan) (Repurchases of Shares Pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan)

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

KYOTO, Japan, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved, among others, a resolution to purchase the shares of OKK Corporation (“OKK”) through a third-party allocation of common shares in a meeting of the Board of Directors held on November 18, 2021 (Japan time) (the “Share Purchase”), and that the Company has executed a capital alliance agreement with OKK regarding this Share Purchase, etc. on the same date.

Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation

Nidec's (NJDCY) CEO Jun Seki on Q2 2021 Results - Earnings Call Transcript

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.

Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2021

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 results released today. In this connection, the Company revised its financial forecast for the fiscal year ending March 31, 2022.

Nidec Announces Differences between Projected and Actual Financial Results for First-Half FY2021 and Raises Full-Year Financial Forecast

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 fulfilled the requirements for listing on the bourse's main Prime Market board.

Notice Regarding Nidec Corporation's Board Resolution on Selection for TSE's New “Prime Market” Segment

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 Is A Sustainability Champion At A Reasonable Price

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 Machine Tool Co., Ltd. (“Mitsubishi Heavy Industries Machine Tool”), a company that designs, manufactures, and sells machine tools, cutting tools, and related products, from Mitsubishi Heavy Industries, Ltd. (“Mitsubishi Heavy Industries”); all the Mitsubishi Heavy Industries Group-owned shares of three overseas subsidiaries specialized in machine tool business; and the machine tool business run by overseas subsidiaries (the “Stock Acquisition”). These acquisitions are based on the stock purchase agreement that the Company entered into with Mitsubishi Heavy Industries on February 5, 2021, as described in the Company's press release, “Nidec to Acquire Mitsubishi Heavy Industries Machine Tool Co., Ltd.,” issued on the same day. Those companies finished with the Stock Acquisition are now Nidec's subsidiaries, as outlined below.

Nidec Completes the Acquisitions of Stock, Etc. of Mitsubishi Heavy Industries Machine Tool Co., Ltd.

Nidec surpassed fiscal first quarter estimates by a healthy margin, despite supply headwinds in two of its key businesses (small precision motors and autos).

News for Nidec Corp Stock (NJDCY)