Nidec Corporation

Equities

6594

JP3734800000

Electrical Components & Equipment

Delayed Japan Exchange Other stock markets 11:30:00 01/07/2024 am IST			5-day change	1st Jan Change
7,120 ^JPY	-0.90%		-4.40%	+25.02%

18/06	Nidec sees AI-related business expanding to more than $6 billion	RE
24/05	Japan's Nidec corrects past results after some sales were 'inflated'	RE

Nidec Corporation - Notice Regarding the Status of Own Share Repurchase

June 04, 2024 at 04:53 pm IST

Nidec Corporation (TSE: 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 May 24, 2024, pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.

Details of Share Repurchase

Period of own share repurchase: From May 27, 2024 through May 31, 2024

Class of shares: Common stock

Number of own shares repurchased: Total repurchase amount: 0 yen

Note: The above repurchase information has been prepared on the basis of trade date.

Contact:

Teruaki Urago

General Manager

Tel: +81-75-935-6140

Email: ir@nidec.com

Latest news about Nidec Corporation

Nidec sees AI-related business expanding to more than $6 billion	18/06	RE
Japan's Nidec corrects past results after some sales were 'inflated'	24/05	RE
Nidec Corporation announces an Equity Buyback for 5,000,000 shares, representing 0.87% for ¥35,000 million.	24/05	CI
Nidec Corporation Announces Annual Dividend for the Year Ended March 31, 2024	24/05	CI
Tranche Update on Nidec Corporation's Equity Buyback Plan announced on January 24, 2024.	24/05	CI
Nidec Corporation authorizes a Buyback Plan.	24/05	CI
Nidec Corporation's Equity Buyback announced on January 24, 2024, has closed with 0 shares, representing 0% for ¥0 million.	24/05	CI
Newspaper - Siemens sells drive subsidiary Innomotics to KPS	15/05	RE
Transcript : Nidec Corporation, Q4 2024 Earnings Call, Apr 24, 2024	24/04
Nidec Corp. Posts Net Loss Due to EV-Motor Business Restructuring -- Update	23/04	DJ
Nidec Corp. Posts Quarterly Net Loss Due to EV-Motor Business Restructuring	23/04	DJ
Nidec posts quarterly loss, hit by restructuring costs	23/04	RE
Nidec Corporation Reports Earnings Results for the Full Year Ended March 31, 2024	23/04	CI
Nomura Adjusts Nidec’s Price Target to 9,000 Yen From 8,000 Yen, Keeps at Buy	22/04	MT
Japan's Nikkei touches one-month low on U.S. peers weakness	16/04	RE
Jefferies Starts Nidec at Buy With 8,000 Yen Price Target	11/04	MT
Tranche Update on Nidec Corporation's Equity Buyback Plan announced on January 24, 2024.	01/04	CI
Japanese banks less reluctant to finance hostile takeovers, lobby chief says	01/04	RE
Japanese banks less reluctant to finance hostile takeovers, lobby chief says	31/03	RE
Global markets live: Domino's Pizza, Generali, Oracle, Intel, Boeing...	12/03
Japan's Nidec, KPS Capital Partners Competing Over Siemens's Innomotics Unit, Bloomberg Reports	12/03	DJ
Circles: Siemens could raise three billion euros with Innomotics sale	12/03	DP
Siemens Invites Second-round Bids for Innomotics Business from Nidec, KPS Capital	12/03	MT
Siemens Invites Second-round Bids for Innomotics Business from Nidec, KPS Capital	12/03	MT
Nidec, KPS compete for Siemens' $3 bln Innomotics unit, Bloomberg reports	12/03	RE

Chart Nidec Corporation

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Company Profile

Nidec Corporation specializes in the development, manufacturing and marketing of small precision motors and automotive and appliance components. Net sales break down by family of products as follows: - appliances, air-conditioning and industrial equipment motors (40.5%); - small precision motors (21.9%): pin motors for hard drives, fan motors, vibrating motors, brush motors and motor applications, etc. ; - automotive components (21.3%); - machines (12.1%): industrial robots, card readers, test systems, presses and power transmission drives, etc. ; - electronic and optical components (3.9%): switches, trimmer potentiometers, lens units and camera shutters, etc. ; - other (0.3%). The net sales are distributed geographically as follows: Japan (17.8%), China (26.7%), the United States (21.6%), Germany (6.1%), Italy (5.5%), Thailand (5.2%) and other (17.1%).

Sector

Electrical Components & Equipment

Calendar

23/07/2024 - Q1 2024 Earnings Release

Related indices

Nikkei 225

More about the company

Income Statement Evolution

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Ratings for Nidec Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7,185 JPY

Average target price

8,239 JPY

Spread / Average Target

+14.67%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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