Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Mexico - Delayed Quote • MXN Nidec Corporation (NIDECN.MX) Follow Compare 434.18 0.00 (0.00%) At close: September 27 at 9:18:31 AM CST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations 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 the Status of Own Share Repurchase KYOTO, Japan, February 03, 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. 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. 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 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. Ashok Leyland partners with Nidec for EV motors Developing E-drive Motors for Ashok Leyland commercial vehicles Nidec Announces its Execution of a Share Transfer Agreement on Linear Transfer Automation Inc. and its Two Related Companies, Canadian-based Press Room Equipment Manufacturer KYOTO, Japan, October 01, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company" or "Nidec") announced today that its Board of Directors has approved a resolution to acquire the share of Linear Transfer Automation Inc., Linear Automation USA Inc., and Presstrader Limited, privately-owned Canadian companies (collectively the "Linear"), from its shareholders (the "Transaction of share") on September 27, 2024 (Japan time). The Company executed an agreement on the Transaction of share o Nidec Announces its Win of Damages Case against Toyo Keizai Inc. KYOTO, Japan, August 06, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) ("Nidec" or the "Company") today announced that it has received a ruling in favor of the Company in the action that it instituted against Toyo Keizai Inc. (head office: 1-2-1 Nihonbashi, Hongokucho, Chuo-ku, Tokyo) and concerned individuals to the Tokyo District Court on October 24, 2022, demanding damages based on the defamation by the aforementioned parties. Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2024 KYOTO, Japan, July 24, 2024--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, 2024. Nidec Announces the Disposal of Treasury Stock through Third-Party Allotment in Line with the Continuation of the Performance Share Plan KYOTO, Japan, July 23, 2024--Nidec Corporation (TOKYO:6594; OTC US: NJDCY) ("Nidec" or the "Company") today announced that its Board of Directors has resolved to dispose treasury stock through third-party allotment (the "Disposal of Treasury Stock") at a meeting held on July 23, 2024. Nidec Announces its Revision of Upward Consolidated Fiscal First-Half and Year-End Financial Forecasts for the Year Ending March 31, 2025 KYOTO, Japan, July 23, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") today announced an upward revision to its IFRS-based consolidated fiscal first-half and year-end financial forecasts for the year ending March 31, 2025, originally announced on April 23, 2024. Nidec announces Stock Split, Modification to Share Repurchase Program, and Notice Regarding Revision of Dividend Projection KYOTO, Japan, July 23, 2024--Nidec Corporation (TOKYO:6594; OTC US:NJDCY) (the "Company") today announced that the Board of Directors of the Company, at a meeting held on July 23, 2024, made the following decisions regarding a stock split, and a modification to the Company’s share repurchase program resolved on May 24, 2024. Furthermore, the Company hereby announces that the Company, in accordance with this stock split, has also revised the dividend projection for the fiscal year ending March 31 Nidec Announces its Execution of Comprehensive MOU with Tata Elxsi Ltd. KYOTO, Japan, July 23, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) ("Nidec" or the "Company") today announced that it has executed a memorandum of understanding (the "MOU") on July 22, 2024 with India’s Tata Elxsi Ltd. ("Tata Elxsi"), a design and technology service provider. Nidec Announces Investment in Eve Air Mobility, a Manufacturer of Electric Vertical Take-off and Landing (eVTOL) Aircraft, for Strategic Partnership Through Nidec’s Subsidiary KYOTO, Japan, July 01, 2024--Nidec (TOKYO:6594; OTC US:NJDCY) announces that it will make a minority equity investment of USD 20M in Eve Air Mobility ("Eve"), a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and launch partner for Nidec Aerospace’s propulsion system, through Nidec’s subsidiary, Nidec Motor Corporation ("NMC"), on July 2, 2024.(EST) Nidec Announces Material Weakness About Nidec’s Internal Control Over Its Financial Reporting and Its Corrective Actions Implemented KYOTO, Japan, June 19, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") announces today that the Company has stated in the internal control report for the fiscal year ended March 31, 2024, submitted on June 19, 2024 to the Kanto Local Finance Bureau in accordance with Article 24-4-4(1) of the Financial Instruments and Exchange Act, that the Company has identified a material weakness and that the Company’s internal control over financial reporting is not effective, as describe Notice regarding the Partial Amendments of Previous Financial Statements Summary, Securities Reports and Internal Control Report KYOTO, Japan, May 24, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") today submitted amendment reports to its Securities Reports, Quarterly Reports and Internal Control Report audited by our auditor and submitted in previous fiscal years, to Kanto Local Finance Bureau. The Company also partially amended previous financial statements summary and disclose the documents.We sincerely apologize for the considerable inconvenience caused to our shareholders, investors, business pa Nidec Announces Material Weakness About Nidec’s Internal Control Over Its Financial Reporting KYOTO, Japan, May 24, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") announces today that it has identified a material weakness in its internal control report for the fiscal year ended March 31, 2023 audited by our auditor that the Company submitted to the Kanto Local Finance Bureau in accordance with Article 24-4-4(1) of the Financial Instruments and Exchange Act. Accordingly, pursuant to Article 24-4-5(1) of the Act, the Company stated, in the amendment report for its int Nidec Board Authorizes Share Repurchase Plan KYOTO, Japan, May 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 May 24, 2024, whereby the Company may repurchase up to 5 million shares in accordance with the Articles of Incorporation pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan. Performance Overview Trailing total returns as of 2/25/2025, which may include dividends or other distributions. Benchmark is MSCI WORLD Return NIDECN.MX MSCI WORLD YTD 0.00% +3.22% 1-Year 0.00% 0.00% 3-Year 0.00% +28.42%