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Nidec Corp - NJDCY STOCK NEWS

Welcome to our dedicated page for Nidec news (Ticker: NJDCY), a resource for investors and traders seeking the latest updates and insights on Nidec stock.

Nidec Corporation (NJDCY) delivers advanced motor solutions across automotive, industrial, and technology sectors worldwide. This news hub provides investors and industry professionals with essential updates on corporate developments, strategic partnerships, and technological innovations.

Access official press releases and verified news covering earnings announcements, product launches, and operational milestones. Our curated collection enables efficient tracking of Nidec's progress in precision motor manufacturing and emerging drive technologies.

Key updates include R&D breakthroughs, global expansion initiatives, and collaborations enhancing motor system integration. Stay informed about developments in industrial automation solutions and energy-efficient motor designs through primary source materials.

Bookmark this page for direct access to NJDCY's latest corporate communications. Regular updates ensure you maintain current awareness of this industry leader's market position and technological advancements.

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Nidec (NJDCY) has reported record-breaking financial results for the fiscal year ended March 31, 2025. The company achieved all-time highs across key metrics, with consolidated net sales reaching ¥2,607,094 million, an 11.1% increase from the previous year.

Operating profit surged by 48.4% to ¥240,200 million, while profit attributable to owners of the parent grew 34.7% to ¥167,688 million. The operating profit ratio improved from 6.9% to 9.2%. Fourth-quarter performance was particularly strong, with record-high quarterly net sales of ¥661,130 million and operating profit of ¥65,447 million, compared to a loss in the same period last year.

Basic earnings per share increased to ¥145.95 from ¥108.30 in the previous year, reflecting the company's strong financial performance.

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Nidec (NJDCY) has announced its decision to launch a tender offer to acquire shares of Makino Milling Machine Co., (Securities Code: 6135), which is currently listed on the Prime Market of the Tokyo Stock Exchange. The tender offer resolution was made on April 3, 2025, and will be conducted under the Financial Instruments and Exchange Act of Japan.

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Nidec (NJDCY) has provided an update on its ongoing share repurchase program. During March 2025, the company repurchased 2,120,000 shares for a total amount of 5.66 billion yen. The repurchase was executed under the plan approved by the Board of Directors on July 23, 2024, which authorizes the buyback of up to 10 million shares (0.87% of total shares issued) with a maximum repurchase amount of 35 billion yen.

The repurchase period runs from May 27, 2024, through May 26, 2025. As of March 31, 2025, the company has repurchased a total of 2,920,300 shares for 7.77 billion yen since the program's inception.

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Nidec Precision has announced the transfer of its approximately 68.4% stake in Nidec Precision Yamada to APIC YAMADA . The share transfer agreement was executed and completed on March 31, 2025, following a board resolution on March 18, 2025.

The Target Company, established in 2003 as a joint venture, specializes in designing, manufacturing, and selling precision molds, with APIC YAMADA as its primary customer. The transfer decision came after APIC YAMADA proposed to make the Target Company a wholly-owned subsidiary to facilitate potential business consolidation for future expansion.

Nidec Precision will maintain its business relationship with APIC YAMADA, Yamaha Motor Co., , and Yamaha Robotics Holdings Co., The transaction is not expected to significantly impact Nidec's consolidated financial performance for the fiscal year ending March 31, 2025.

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Nidec (NJDCY) has submitted its responses to the third questionnaire from Makino Milling Machine Co., , dated March 11, 2025. This action is part of Nidec's previously announced tender offer process, which was initially disclosed on December 27, 2024.

The tender offer is part of a broader transaction aimed at making Makino Milling Machine, currently listed on Tokyo Stock Exchange's Prime Market, a wholly owned subsidiary of Nidec. The company has expressed its commitment to continue providing necessary information to Makino Milling Machine in a timely and appropriate manner to facilitate their evaluation of the transaction.

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Nidec (NJDCY) has reported the status of its ongoing share repurchase program. During February 2025, the company repurchased 800,300 shares of common stock for a total amount of 2.11 billion yen.

The share buyback program, authorized by the Board of Directors on July 23, 2024, allows for the repurchase of up to 10 million shares (0.87% of total shares issued, excluding treasury stock) with a maximum repurchase amount of 35 billion yen. The program runs from May 27, 2024, through May 26, 2025.

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Nidec (TOKYO: 6594, OTC US: NJDCY) has issued an update regarding its previously announced letter of intent from December 27, 2024, concerning the planned tender offer for Makino Milling Machine Co., (Securities Code: 6135). The company held a press conference on February 26, 2025, to discuss the matter.

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Nidec (NJDCY) has submitted answers to the second questionnaire from Makino Milling Machine Co., regarding its planned tender offer. This follows Nidec's December 27, 2024 announcement of its intention to acquire Makino Milling Machine and make it a wholly owned subsidiary.

The company states it will continue providing necessary information to the Target Company in a timely and appropriate manner to help them form their opinion on the transaction. The full answers to the questionnaire are available on Nidec's corporate website.

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Nidec (TOKYO: 6594) (OTC US: NJDCY) has submitted answers to a questionnaire from Makino Milling Machine Co., , following their December 27, 2024 announcement of a planned tender offer to acquire Makino's common stock. The questionnaire response, dated January 28, 2025, is part of Nidec's broader strategy to make Makino a wholly owned subsidiary.

Nidec has committed to providing Makino with necessary information about the transaction in a timely and appropriate manner to help them form their opinion on the proposed acquisition. The full questionnaire responses are available on Nidec's corporate website.

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Nidec (NJDCY) has reported the status of its ongoing share repurchase program, authorized by its Board of Directors on July 23, 2024. The company announced that during January 2025, no shares were repurchased under the program.

The authorized share repurchase plan allows for the buyback of up to 10 million common shares, representing 0.87% of total shares issued (excluding treasury stock), with a maximum repurchase amount of 35 billion yen. The repurchase period extends from May 27, 2024, through May 26, 2025.

As of January 31, 2025, the total number of shares repurchased since the program's inception on May 27, 2024, remains at zero, with no funds expended.

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FAQ

What is the current stock price of Nidec (NJDCY)?

The current stock price of Nidec (NJDCY) is $4.46 as of April 29, 2025.

What is the market cap of Nidec (NJDCY)?

The market cap of Nidec (NJDCY) is approximately 21.1B.
Nidec Corp

OTC:NJDCY

NJDCY Rankings

NJDCY Stock Data

21.13B
4.59B
0.15%
0.01%
Specialty Industrial Machinery
Industrials
Link
Japan
Kyoto