Nidec (NJDCY) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the filing for FY2016, filed Jun 21, 2016. Each column of the statement tables below links to the filing it was taken from.
Nidec Corp (NJDCY) reported $10.5B in revenue for fiscal year 2016, up 22.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings.
FY2016 growth reached cash unusually well, while heavier investment and a leaner debt structure reshaped the balance sheet.
FY2016 operating cash flow reached$1.31B against net income of$817M , so cash conversion materially exceeded reported earnings. Free cash flow still rose107.2% while capital expenditures rose50.6% , indicating that improved cash generation survived heavier reinvestment.
FY2016 revenue grew
Long-term debt declined
Financial Health Signals
We do not publish a peer-relative financial health score for Nidec Corp, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Nidec Corp scores 3.10, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $10.6B against total liabilities of $5.5B. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Nidec Corp passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, Nidec Corp generates $1.61 in operating cash flow ($1.3B OCF vs $816.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Nidec Corp earns $55.90 in operating income for every $1 of interest expense ($1.1B vs $19.8M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Nidec Corp generated $10.5B in revenue in fiscal year 2016. This represents an increase of 22.3% from the prior year.
Nidec Corp's EBITDA was $1.7B in fiscal year 2016, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 23.0% from the prior year.
Nidec Corp reported $816.7M in net income in fiscal year 2016. This represents an increase of 28.9% from the prior year.
Nidec Corp earned $2.74 per diluted share (EPS) in fiscal year 2016. This represents an increase of 28.4% from the prior year.
Cash & Balance Sheet
Nidec Corp generated $584.3M in free cash flow in fiscal year 2016, representing cash available after capex. This represents an increase of 107.2% from the prior year.
Nidec Corp held $2.7B in cash against $1.2B in long-term debt as of fiscal year 2016.
Nidec Corp paid $0.36 per share in dividends in fiscal year 2016. This represents an increase of 6.7% from the prior year.
Margins & Returns
Nidec Corp's gross margin was 22.9% in fiscal year 2016, indicating the percentage of revenue retained after direct costs. This is down 0.6 percentage points from the prior year.
Nidec Corp's operating margin was 10.6% in fiscal year 2016, reflecting core business profitability. This is down 0.2 percentage points from the prior year.
Nidec Corp's net profit margin was 7.8% in fiscal year 2016, showing the share of revenue converted to profit. This is up 0.4 percentage points from the prior year.
Nidec Corp's ROE was 12.0% in fiscal year 2016, measuring profit generated per dollar of shareholder equity. This is up 1.8 percentage points from the prior year.
Capital Allocation
Nidec Corp invested $462.4M in research and development in fiscal year 2016. This represents an increase of 22.8% from the prior year.
Nidec Corp spent $107.9M on share buybacks in fiscal year 2016, returning capital to shareholders by reducing shares outstanding. This represents an increase of 499.7% from the prior year.
Nidec Corp invested $728.7M in capex in fiscal year 2016, funding long-term assets and infrastructure. This represents an increase of 50.6% from the prior year.
NJDCY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY16Filing | FY15Filing | FY14Filing | FY13Filing | FY12Filing | FY11Filing | FY10Filing | FY09Filing | FY08Filing |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.5B+22.3% | $8.6B+0.9% | $8.5B+12.8% | $7.5B-8.9% | $8.3B+1.8% | $8.1B+32.1% | $6.2B-0.1% | $6.2B-15.1% | $7.3B |
| Cost of Revenue | $8.1B+23.2% | $6.6B0.0% | $6.6B+7.8% | $6.1B-4.3% | $6.4B+5.7% | $6.0B+32.8% | $4.5B-6.6% | $4.8B-14.8% | $5.7B |
| Gross Profit | $2.4B+19.1% | $2.0B+3.7% | $1.9B+33.9% | $1.5B-24.1% | $1.9B-9.4% | $2.1B+29.9% | $1.6B+23.7% | $1.3B-16.2% | $1.6B |
| R&D Expenses | $462.4M+22.8% | $376.6M+2.6% | $367.1M+0.9% | $364.0M-0.2% | $364.6M+9.3% | $333.6M+27.9% | $260.9M-3.6% | $270.5M-8.7% | $296.3M |
| SG&A Expenses | $831.4M+16.3% | $715.1M-5.0% | $752.9M-16.4% | $900.2M+33.7% | $673.1M+1.1% | $665.6M+32.3% | $503.1M-3.1% | $519.3M+4.3% | $497.8M |
| Operating Income | $1.1B+19.8% | $924.8M+12.2% | $824.1M+340.9% | $186.9M-78.9% | $886.7M-20.6% | $1.1B+31.1% | $852.1M+62.4% | $524.6M-32.3% | $775.1M |
| EBITDA | $1.7B+23.0% | $1.4B+7.2% | $1.3B+109.2% | $607.1M-53.4% | $1.3B-15.8% | $1.5B+32.5% | $1.2B+37.3% | $848.8M-25.5% | $1.1B |
| Interest Expense | $19.8M+59.9% | $12.4M-16.3% | $14.8M+105.5% | $7.2M+98.8% | $3.6M-15.0% | $4.3M-42.4% | $7.4M-47.6% | $14.2M-40.3% | $23.7M |
| Income Tax | $235.4M-2.7% | $242.0M-2.9% | $249.2M+257.5% | $69.7M-69.5% | $228.1M+3.6% | $220.2M+16.6% | $188.8M+50.1% | $125.8M-20.8% | $158.8M |
| Net Income | $816.7M+28.9% | $633.7M+16.0% | $546.4M+544.3% | $84.8M-82.8% | $494.2M-21.5% | $629.4M+12.7% | $558.5M+95.3% | $286.0M-30.6% | $412.2M |
| EPS (Basic) | $2.75+21.5% | $2.26+12.7% | $2.01 | $0.31-82.5% | $1.80 | $4.52+12.8% | $4.01+101.4% | $1.99-30.0% | $2.84 |
| EPS (Diluted) | $2.74+28.4% | $2.13+13.6% | $1.88 | $0.29-82.6% | $1.68 | $4.36+8.8% | $4.01+104.8% | $1.96-29.2% | $2.77 |
| Diluted Shares (Avg) | 298M+0.4% | 297M+2.1% | 290M | 288M-1.9% | 294M | 144M+3.5% | 139M-4.5% | 146M | N/A |
NJDCY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY16Filing | FY15Filing | FY14Filing | FY13Filing | FY12Filing | FY11Filing | FY10Filing | FY09Filing | FY08Filing |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.3B+8.8% | $11.3B-0.1% | $11.3B+6.1% | $10.7B+9.9% | $9.7B+7.9% | $9.0B+20.8% | $7.4B+5.0% | $7.1B | N/A |
| Current Assets | $6.8B+12.0% | $6.1B+1.5% | $6.0B+12.6% | $5.3B-0.2% | $5.3B+18.8% | $4.5B+11.4% | $4.0B-0.6% | $4.1B | N/A |
| Cash & Equivalents | $2.7B+21.0% | $2.2B-6.5% | $2.4B+17.1% | $2.1B+29.9% | $1.6B+39.4% | $1.1B-14.4% | $1.3B-34.6% | $2.0B+100.8% | $1.0B |
| Short-Term Investments | $0n/m | $0-100.0% | $22.8M+38.1% | $16.5M-82.6% | $94.8M+187.1% | $33.0M-21.1% | $41.8Mn/m | $0n/m | $0 |
| Inventory | $1.5B+6.8% | $1.4B+18.0% | $1.2B+13.9% | $1.1B-4.5% | $1.1B+2.1% | $1.1B+45.5% | $747.0M+28.9% | $579.7M | N/A |
| Accounts Receivable | $1.9B+4.9% | $1.9B+3.7% | $1.8B+13.3% | $1.6B-24.1% | $2.1B+12.1% | $1.9B+13.9% | $1.6B+44.7% | $1.1B | N/A |
| Long-Term Investments | $128.3M-22.2% | $164.9M+14.9% | $143.6M-5.9% | $152.5M-12.4% | $174.2M-2.3% | $178.3M-1.0% | $180.2M+20.0% | $150.2Mn/m | $0 |
| Goodwill | $1.4B+6.7% | $1.4B-8.2% | $1.5B+4.9% | $1.4B+44.3% | $977.1M-1.0% | $987.5M+27.2% | $776.3M+8.3% | $716.7M | N/A |
| Total Liabilities | $5.5B+8.1% | $5.1B-19.0% | $6.3B+0.6% | $6.3B+20.0% | $5.2B+10.5% | $4.7B+24.7% | $3.8B-7.4% | $4.1B | N/A |
| Current Liabilities | $3.7B+23.6% | $3.0B+10.3% | $2.7B-29.2% | $3.9B+26.5% | $3.1B+23.1% | $2.5B-11.8% | $2.8B-12.0% | $3.2B | N/A |
| Non-Current Liabilities | $1.7B-15.3% | $2.0B-39.7% | $3.3B+68.2% | $2.0B+33.5% | $1.5B-5.6% | $1.6B+405.0% | $311.6M+12.5% | $276.9M | N/A |
| Long-Term Debt | $1.2B-20.9% | $1.5B-47.1% | $2.9B+87.2% | $1.6B+26.5% | $1.2B+0.3% | $1.2B+6428.9% | $18.8M-27.9% | $26.0M | N/A |
| Total Equity | $6.8B+9.5% | $6.2B+23.5% | $5.0B+13.9% | $4.4B-1.7% | $4.5B+5.1% | $4.3B+16.8% | $3.7B+22.0% | $3.0B | N/A |
| Retained Earnings | $4.4B+23.7% | $3.6B-0.1% | $3.6B+4.1% | $3.4B-13.6% | $4.0B+10.5% | $3.6B+29.8% | $2.8B+28.7% | $2.1B | N/A |
NJDCY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY16Filing | FY15Filing | FY14Filing | FY13Filing | FY12Filing | FY11Filing | FY10Filing | FY09Filing | FY08Filing |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.3B+71.4% | $765.9M-9.6% | $847.0M-27.7% | $1.2B+70.2% | $688.2M-31.1% | $999.2M+3.2% | $968.2M+44.9% | $668.0M-29.7% | $949.6M |
| Depreciation & Amortization | $565.6M+29.8% | $435.9M-2.2% | $445.6M+6.1% | $420.2M+1.3% | $414.7M-3.1% | $428.0M+36.4% | $313.7M-3.3% | $324.2M-10.9% | $363.9M |
| Capital Expenditures | $728.7M+50.6% | $483.8M+23.6% | $391.3M-40.0% | $651.7M+29.6% | $502.9M-24.0% | $661.6M+68.1% | $393.5M+1.3% | $388.3M+8.7% | $357.1M |
| Free Cash Flow | $584.3M+107.2% | $282.0M-38.1% | $455.6M-12.3% | $519.5M+180.5% | $185.2M-45.1% | $337.6M-41.3% | $574.7M+105.5% | $279.7M-52.8% | $592.4M |
| Investing Cash Flow | N/A | N/A | N/A | -$1.4Bn/m | -$241.7Mn/m | -$1.3Bn/m | -$435.4Mn/m | -$437.4Mn/m | -$357.3M |
| Financing Cash Flow | N/A | N/A | N/A | $649.1Mn/m | -$9.9M-121.8% | $45.3Mn/m | -$1.3B-259.8% | $825.8Mn/m | -$353.8M |
| Dividends Paid | $210.7M+59.4% | $132.2M+19.2% | $110.9M-13.8% | $128.8M-14.4% | $150.5M+12.3% | $134.0M+62.8% | $82.3M-6.1% | $87.7M+21.0% | $72.5M |
| Share Buybacks | $107.9M+499.7% | $18.0M-34.7% | $27.6M-91.7% | $332.2M+169.6% | $123.2M-8.7% | $135.0M+114093.1% | $118K-100.0% | $239.8M+125915.0% | $190K |
Not reported in any period shown, so not listed: Stock-Based Compensation.
NJDCY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY16Filing | FY15Filing | FY14Filing | FY13Filing | FY12Filing | FY11Filing | FY10Filing | FY09Filing | FY08Filing |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.9%-0.6pp | 23.5%+0.6pp | 22.9%+3.6pp | 19.3%-3.9pp | 23.1%-2.9pp | 26.0%-0.4pp | 26.4%+5.1pp | 21.3%-0.3pp | 21.6% |
| Operating Margin | 10.6%-0.2pp | 10.8%+1.1pp | 9.7%+7.2pp | 2.5%-8.2pp | 10.7%-3.0pp | 13.8%-0.1pp | 13.9%+5.3pp | 8.5%-2.2pp | 10.7% |
| Net Margin | 7.8%+0.4pp | 7.4%+1.0pp | 6.4%+5.3pp | 1.1%-4.9pp | 6.0%-1.8pp | 7.8%-1.3pp | 9.1%+4.4pp | 4.6%-1.0pp | 5.7% |
| Return on Equity | 12.0%+1.8pp | 10.2%-0.7pp | 10.9%+8.9pp | 1.9%-9.1pp | 11.0%-3.7pp | 14.7%-0.5pp | 15.3%+5.7pp | 9.5% | N/A |
| Return on Assets | 6.6%+1.0pp | 5.6%+0.8pp | 4.8%+4.0pp | 0.8%-4.3pp | 5.1%-1.9pp | 7.0%-0.5pp | 7.5%+3.5pp | 4.0% | N/A |
| Current Ratio | 1.82-0.2x | 2.01-0.2x | 2.18+0.8x | 1.37-0.4x | 1.74-0.1x | 1.80+0.4x | 1.43+0.2x | 1.27 | N/A |
| Debt-to-Equity | 0.18-0.1x | 0.25-0.3x | 0.58+0.2x | 0.35+0.1x | 0.270.0x | 0.29+0.3x | 0.010.0x | 0.01 | N/A |
| Liabilities-to-Equity | 0.810.0x | 0.82-0.4x | 1.25-0.2x | 1.42+0.3x | 1.16+0.1x | 1.11+0.1x | 1.04-0.3x | 1.37 | N/A |
| Asset Turnover | 0.85+0.1x | 0.760.0x | 0.750.0x | 0.71-0.1x | 0.85-0.1x | 0.90+0.1x | 0.830.0x | 0.87 | N/A |
| FCF Margin | 5.6%+2.3pp | 3.3%-2.1pp | 5.4%-1.5pp | 6.9%+4.7pp | 2.2%-1.9pp | 4.2%-5.2pp | 9.3%+4.8pp | 4.5%-3.6pp | 8.2% |
Where Nidec Corp Ranks
Frequently Asked Questions
Nidec Corp (NJDCY) reported $10.5B in total revenue for fiscal year 2016. This represents a 22.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Nidec Corp (NJDCY) revenue grew by 22.3% year-over-year, from $8.6B to $10.5B in fiscal year 2016.
Yes, Nidec Corp (NJDCY) reported a net income of $816.7M in fiscal year 2016, with a net profit margin of 7.8%.
Nidec Corp (NJDCY) had EBITDA of $1.7B in fiscal year 2016, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2016, Nidec Corp (NJDCY) had $2.7B in cash and equivalents against $1.2B in long-term debt.
Nidec Corp (NJDCY) had a gross margin of 22.9% in fiscal year 2016, indicating the percentage of revenue retained after direct costs of goods sold.
Nidec Corp (NJDCY) had an operating margin of 10.6% in fiscal year 2016, reflecting the profitability of core business operations before interest and taxes.
Nidec Corp (NJDCY) had a net profit margin of 7.8% in fiscal year 2016, representing the share of revenue converted into profit after all expenses.
Yes, Nidec Corp (NJDCY) paid $0.36 per share in dividends during fiscal year 2016.
Nidec Corp (NJDCY) has a return on equity of 12.0% for fiscal year 2016, measuring how efficiently the company generates profit from shareholder equity.
Nidec Corp (NJDCY) generated $584.3M in free cash flow during fiscal year 2016. This represents a 107.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Nidec Corp (NJDCY) generated $1.3B in operating cash flow during fiscal year 2016, representing cash generated from core business activities.
Nidec Corp (NJDCY) had $12.3B in total assets as of fiscal year 2016, including both current and long-term assets.
Nidec Corp (NJDCY) invested $728.7M in capital expenditures during fiscal year 2016, funding long-term assets and infrastructure.
Nidec Corp (NJDCY) invested $462.4M in research and development during fiscal year 2016.
Nidec Corp (NJDCY) had a current ratio of 1.82 as of fiscal year 2016, which is generally considered healthy.
Nidec Corp (NJDCY) had a debt-to-equity ratio of 0.18 as of fiscal year 2016. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Nidec Corp (NJDCY) had a liabilities-to-equity ratio of 0.81 as of fiscal year 2016, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Nidec Corp (NJDCY) had a return on assets of 6.6% for fiscal year 2016, measuring how efficiently the company uses its assets to generate profit.
Nidec Corp (NJDCY) trades at 12.9x earnings, its market capitalization divided by $816.7M net income, FY2016. The market capitalization is $10.6B as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Nidec Corp (NJDCY) trades at 1.0x sales, its market capitalization divided by $10.5B revenue, FY2016. The market capitalization is $10.6B as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Nidec Corp (NJDCY) has an Altman Z-Score of 3.10, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Nidec Corp (NJDCY) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Nidec Corp (NJDCY) has an earnings quality ratio of 1.61x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Nidec Corp (NJDCY) has an interest coverage ratio of 55.90x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.