Live Tariff updates: Trump escalates threats on China as markets remain jittery Tokyo - Delayed Quote • JPY Nidec Corporation (6594.T) Follow Compare 1,907.00 -274.00 (-12.56%) At close: 3:30:00 PM GMT+9 All News Press Releases SEC Filings Nidec Announces the Status of Own Share Repurchase KYOTO, Japan, April 01, 2025--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 July 23, 2024, pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan. NJDCY or OSIS: Which Is the Better Value Stock Right Now? NJDCY vs. OSIS: Which Stock Is the Better Value Option? Nidec Precision Executes Agreement to Transfer Its Shares in Nidec Precision Yamada KYOTO, Japan, March 31, 2025--NIDEC CORPORATION (TOKYO: 6594; OTC US: NJDCY) and NIDEC PRECISION CORPORATION ("NIDEC PRECISION" or the "Company") announced today that, at a meeting of the Board of Directors held on March 18, 2025, they resolved to transfer NIDEC PRECISION’s shares (approximately 68.4%) in NIDEC PRECISION YAMADA CORPORATION (the "Target Company"), a subsidiary of the Company and joint venture with APIC YAMADA CORPORATION ("APIC YAMADA"), to APIC YAMADA (the "Share Transfer"), and Makino Milling’s Union Says It’s Against Any Takeover by Nidec (Bloomberg) -- Makino Milling Machine Co.’s official labor union reiterated its opposition to Nidec Corp.’s $1.6 billion offer to acquire the machine tool maker, arguing that the business sense of any deal was unclear. Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools, Colleges P Nidec Announces Its Submissions of Answers to the Third Questionnaire from Makino Milling Machine Co., Ltd. (Securities Code: 6135) KYOTO, Japan, March 19, 2025--Nidec Corporation (TOKYO:6594) (OTC US: NJDCY) ("Nidec" or the "Company") announced that it submitted answers to Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange Inc.’s Prime Market) (the "Target Company") in response to the third questionnaire, a document dated March 11, 2025 that Nidec received from the Target Company. Japan's Makino Milling says it received buyout offers rivalling Nidec's Japan's Makino Milling Machine said on Monday it has received legally binding third-party proposals for acquisition that rival an unsolicited buyout offer from Nidec. The proposals include those from MBK Partners and Nippon Sangyo Suishin Kiko Group (NSSK), a person with direct knowledge told Reuters, declining to be identified because the information is not public. Makino has also asked Nidec to postpone starting its tender offer bid to May 9 or later, the company said in a statement. Nidec Announces Its Submission of Answers to the Second Questionnaire from Makino Milling Machine Co., Ltd. (Securities Code: 6135) KYOTO, Japan, February 19, 2025--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) ("Nidec" or the "Company") announced that it submitted answers to Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange Inc.’s Prime Market) (the "Target Company") in response to the second questionnaire, a document dated February 7, 2025 that Nidec received from the Target Company. Nidec Announces Its Submission of Answers to the Questionnaire from Makino Milling Machine Co., Ltd.(Securities Code: 6135) KYOTO, Japan, February 05, 2025--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) ("Nidec" or the "Company") announced that it submitted answers to Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange Inc.’s Prime Market) (the "Target Company") in response to the questionnaire, a document dated January 28, 2025 that Nidec received from the Target Company. Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2024 KYOTO, Japan, January 23, 2025--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, 2024 through December 31, 2024. Stocks to watch this week: Netflix, United Airlines, Burberry, EasyJet and JD Wetherspoon Earnings preview of key companies reporting this week and what to look out for. Japan's Makino Milling requests changes to unsolicited bid from Nidec Japanese machine tool manufacturer Makino Milling Machine said on Wednesday that it asked Nidec to make changes to an unsolicited takeover bid announced last month. Makino said in a statement it asked Nidec to push back the tender offer launch date to May 9 from April 4, and to revise the minimum takeover threshold to two-thirds from one-half. Nidec, the world's top manufacturer of precision motors, had said on Dec. 27 it plans to clear regulatory processes by early April and launch the tender offer on April 4. Nidec Announces Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135) KYOTO, Japan, December 28, 2024--Nidec Corporation (the "Tender Offeror") hereby announces that (i) at the meeting of the Board of Directors held on December 26, 2024, it is resolved that the Tender Offeror will acquire the shares of Makino Milling Machine Co., Ltd. (the "Target Company"), which is listed on the Prime Market of the Tokyo Stock Exchange, Inc., as part of a series of transactions (the "Transaction") for the purpose of making the Target Company a wholly owned subsidiary of the Tend Japan’s Nidec Makes $1.6 Billion Unsolicited Bid for Makino (Bloomberg) -- Nidec Corp. is offering ¥257.3 billion ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned-Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusT Japan's Nidec takes aim at Makino Milling with $1.6 billion unsolicited bid TOKYO (Reuters) -Japanese manufacturing giant Nidec said on Friday it planned to launch a 257 billion yen ($1.6 billion) bid for Makino Milling Machine, a surprise unsolicited takeover offer in a country better known for agreed deals. Nidec said Makino's board had not agreed to the 11,000 yen per share offer, a 42% premium to Thursday's closing share price, as it had not proposed the bid before announcing it. The world's top manufacturer of precision motors said it plans to clear regulatory processes by early April and launch the tender offer on April 4, even without Makino's consent. NJDCY vs. BWXT: Which Stock Is the Better Value Option? NJDCY vs. BWXT: Which Stock Is the Better Value Option? NJDCY or BWXT: Which Is the Better Value Stock Right Now? NJDCY vs. BWXT: Which Stock Is the Better Value Option? Renesas and Nidec unveil “8-in-1” PoC for advanced EV E-Axle integration The E-Axle system integrates a motor, gear, and inverter into a compact unit, reducing EV size and weight. Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2024 KYOTO, Japan, October 23, 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, 2024 through September 30, 2024. Japan's Nidec posts 10% rise in second-quarter operating profit TOKYO (Reuters) -Japanese electric motor maker Nidec posted a 10% rise in quarterly operating profit on Wednesday, helped by cost cuts, and stuck to its full-year outlook on prospects of growing sales of cooling systems for AI data centres. Operating profit for the three months to end-September totalled 60.7 billion yen ($398.79 million), compared to 55.1 billion yen in the same period a year earlier. The Kyoto-based firm stuck to its full-year forecast for an operating profit of 240 billion yen for the year to end-March, nearly 50% better than the previous year's result. Ashok Leyland partners with Nidec for EV motors Developing E-drive Motors for Ashok Leyland commercial vehicles Performance Overview Trailing total returns as of 4/7/2025, which may include dividends or other distributions. Benchmark is Nikkei 225 (^N225) Return 6594.T Nikkei 225 (^N225) YTD -32.19% -21.95% 1-Year -35.71% -20.15% 3-Year -56.22% +15.80%