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Nidec Corporation - NJDCY STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nidec Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nidec Corporation's position in the market.

Rhea-AI Summary
Nidec (NJDCY) announced its financial results for the fiscal year ended March 31, 2024, reporting record high net sales and profit. The company's operating profit was 163.1 billion yen, with strategic expenses of 59.8 billion yen for the Battery EV business. Nidec projects an interim dividend of 40 yen and an annual dividend of 80 yen for FY2025. The consolidated results show an increase in net sales and operating profit compared to the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
-
Rhea-AI Summary
Nidec announces the repurchase of own shares under an ongoing plan, with details of the repurchase period, class of shares, and total repurchase amount. The company aims to repurchase up to 2,000,000 shares, totaling 11 billion yen, from January 25, 2024, to May 24, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
buyback
-
Rhea-AI Summary
Nidec Corporation (NJDCY) announces the repurchase of own shares under its ongoing plan. The company will repurchase up to 2,000,000 common shares with a total repurchasable amount of 11 billion yen from January 25, 2024, through May 24, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
buyback
Rhea-AI Summary
Nidec Corporation announces changes in Chairman, President, and Executive Vice Presidents to enhance business management and governance functions for sustainable growth. The new appointments aim to achieve the FY2030 sales target of 10 trillion yen.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
none
-
Rhea-AI Summary
Nidec Corporation announced the consolidation of 900,000 common shares of Takisawa Machine Tool Co., Ltd. into one, making Takisawa a wholly owned subsidiary. The consolidation is part of Nidec's strategy to deepen ties with Takisawa and manage it efficiently for business expansion and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
none
-
Rhea-AI Summary
Nidec Corporation (NJDCY) announced the status of its ongoing share repurchase plan, revealing that from January 25, 2024, through January 31, 2024, the company repurchased 0 of its own common shares, amounting to 0 yen. The Board of Directors had authorized the repurchase of up to 2,000,000 shares, totaling 11 billion yen, from January 25, 2024, through May 24, 2024. However, no shares were repurchased during the specified period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
buyback
Rhea-AI Summary
Nidec Corporation (NJDCY) reported record-high nine months consolidated net sales, operating profit, profit before income taxes, and profit attributable to owners of the parent for the period of April 1, 2023, through December 31, 2023. The company also revised upward year-end dividend forecast for the year ending March 31, 2024, and implemented a strategic shift to improve the financial soundness and profitability of its Battery EV related business. The financial results for the nine months ended December 31, 2023, showed an increase in net sales by 3.2% and operating profit by 36.1% compared to the same period in 2022. Profit before income taxes and profit attributable to owners of the parent also saw substantial increases. The company's earnings per share (EPS) for the period was ¥253.93 (basic and diluted).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
Tags
-
Rhea-AI Summary
Nidec Corporation (NJDCY) announces the completion of its share repurchase plan authorized by the Board of Directors. During the plan, the distributable amount was exceeded, leading to the establishment of governance and business execution systems to prevent recurrence. The company also considered stock market trends, stock price, and capital policy progress but did not reach the upper limit of the total number of shares resolved or the total acquisition price. The total number of shares repurchased was 1,171,400 with a total repurchase amount of 7,865,806,100 yen.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
Tags
buyback
-
Rhea-AI Summary
Nidec Corporation has announced a revision to its IFRS-based consolidated full-year financial forecasts and an upward revision to its year-end dividend projection for the year ending March 31, 2024. The company has revised its net sales, operating profit, profit before income taxes, and profit attributable to owners of the parent. It has also provided a revised year-end dividend projection, increasing the dividend payout to around 30% of the consolidated net profit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
Tags
dividends
Rhea-AI Summary
Nidec Corporation announces a new share repurchase plan, authorizing the repurchase of up to 2 million shares, representing 0.34% of the total number of shares issued. The total repurchasable amount is 11 billion yen, with the period of repurchase set from January 25, 2024, through May 24, 2024. The purpose of the repurchase is to enable agile capital management responsive to the changing business environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
Tags
buyback
Nidec Corporation

OTC:NJDCY

NJDCY Rankings

NJDCY Stock Data

23.95B
503.84M
0.16%
0.01%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
Japan
Kyoto Shi