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Japanese electronic motor maker Nidec sees its business in water-cooling modules for generative artificial intelligence data centres expanding to 1 trillion yen ($6.32 billion) in sales.
Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.
Japanese electric motor maker Nidec on Tuesday posted an operating loss for the January to March quarter, hit by the costs of restructuring steps taken to deal with fierce price competition in China's
Nidec Stock: Spotlight On New CEO And Potential M&A
Japan's Nidec Corp and U.S.-based private equity firm KPS Capital Partners are competing to acquire Siemens AG's Innomotics large motors business, Bloomberg News reported on Monday.
KYOTO, Japan--(BUSINESS WIRE)--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 res
Nidec Corporation (NJDCY) Q3 2023 Earnings Call Transcript
Japanese electric motor maker Nidec Corp posted a 91% rise in third-quarter operating profit on Wednesday to 53.6 billion yen ($362 million), compared to 28.0 billion yen in the same period a year ear

Nidec Stock: A Buy On M&A Growth Potential

08:22pm, Sunday, 26'th Nov 2023
Nidec Corporation's successful tender offer for Takisawa's shares will allow it to expand its market share in Japan's machine tool industry. M&A will be a key factor in supporting NJDCY's efforts to r
Nidec said on Sunday that it is teaming up with Brazilian firm Embraer to form a new company that will make parts for flying cars and be set up in the United States.
Nidec Corporation (NJDCY) Q4 2022 Earnings Call Transcript.
Japanese electric motor maker Nidec Corp on Monday posted its first quarterly operating loss in a decade, of 24.3 billion yen ($181.01 million), as restructuring costs hurt results.
Japanese electric motor company Nidec Corp on Monday lined up five contenders to eventually take the reins as chairman from the firm's no-nonsense 78-year-old founder, Shigenobu Nagamori.
Taiwan's Foxconn said on Monday it had hired former Nissan Motor Co and Nidec Corp executive Jun Seki as its chief strategy officer for electric vehicles, adding a high-profile auto executive to bolst

Nidec shares slide 7% after profit forecast cut

08:59pm, Tuesday, 24'th Jan 2023
Shares in Japan's Nidec Corp slumped as much as 7% on Wednesday morning in Tokyo after the electric motor maker nearly halved its full-year profit forecast on a slow recovery of the car industry and d
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