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NJDCY Stock News

NJDCY - Nidec Corporation

03/15/23 2:30 AM

OTC : NJDCY

acquisition

Nidec Executes Stock Transfer Agreement on Nidec Copal Electronics’ Acquisition of Midori Precisions

Nidec Corporation announced today that it passed a resolution in the meeting of the Board of Directors held on March 15, 2023 on the purchase by Nidec Copal Electronics Corporation, a subsidiary of the Company, of all the shares of Midori Precisions Co., Ltd., a company that develops, manufacturers, and sells potentiometers and other electronic components, and...

RHEA-AI

very positive

03/13/23 2:30 AM

OTC : NJDCY

Nidec Selects Five Persons to Serve as Executive Vice Presidents

Nidec Corporation announced today it has passed a resolution in an extraordinary meeting of the Board of Directors held on March 10, 2023 on five persons to be appointed to serve as the Company’ s Executive Vice Presidents from April 1, 2023. New Five Executive Vice Presidents* In the order of joining the Nidec Group. Masahiro Nagayasu General Manager Investor...

RHEA-AI

neutral

03/09/23 1:30 AM

OTC : NJDCY

Nidec’s Disaster Relief and Recovery Assistance for Turkey-Syria Earthquake

Nidec Corporation would like to extend its deepest sympathy and condolences to the people of Turkey and Syria affected by the devastating earthquake that struck the region on February 6th. As a gesture of goodwill and support, Nidec will donate 10 million yen through the Japanese Red Cross Society to contribute to the ongoing recovery and relief efforts.

RHEA-AI

neutral

03/01/23 1:30 AM

OTC : NJDCY

buyback

Nidec Announces the Status of Own Share Repurchase

Nidec Corporation 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 January 24, 2023, pursuant to Item 1 of Article 459 of the Companies Act of Japan. Period of own share repurchase: From February 1, 2023 through February 28, 2023 2. Total repurchase amount:...

RHEA-AI

neutral

02/01/23 6:30 PM

OTC : NJDCY

acquisition

Nidec Completes the Acquisition of the Shares of Italian Machine Tool Manufacturer PAMA and Its Affiliates

Nidec Corporation announced today that, in accordance with its November 30, 2022 press release,“ Nidec to Execute a Share Transfer Agreement on Italian Machine Tool Manufacturer PAMA and Its Affiliates,” it has completed the acquisition of all the shares of PAMA S.p.A on February 1, 2023. Nidec Machine Tool Corporation and Nidec OKK Corporation, two Nidec Group...

RHEA-AI

very positive

02/01/23 1:30 AM

OTC : NJDCY

buyback

Nidec Announces the Status of Own Share Repurchase

Nidec Corporation 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 January 24, 2023, pursuant to Item 1 of Article 459 of the Companies Act of Japan. Period of own share repurchase: From January 25, 2023 through January 31, 2023 Class of shares: Common stock...

RHEA-AI

neutral

01/24/23 1:15 AM

OTC : NJDCY

Nidec Revises Consolidated Financial Forecasts for the Year Ending March 31, 2023

Nidec Corporation today announced a revision to its IFRS-based consolidated full-year financial forecasts for the year ending March 31, 2023, previously announced on April 21, 2022. Revised consolidated financial forecasts for the year ending March 31, 2023. In addition, the demand for our EV-related products was affected by the production slowdown due...

RHEA-AI

neutral

01/24/23 1:15 AM

OTC : NJDCY

earnings

Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2022

Nidec Corporation today announced its consolidated financial results under the International Financial Reporting Standards for the period of April 1, 2022 through December 31, 2022. Both stood at record high. Due to the recent business environment surrounding the company, Nidec posted structural reform expenses, and revised its full-year forecast for...

RHEA-AI

neutral

01/24/23 1:15 AM

OTC : NJDCY

buyback

Nidec Board Authorizes Share Repurchase Plan

Nidec Corporation announces today that its Board of Directors has authorized a new share repurchase plan at a meeting held on January 24, 2023, whereby the Company may repurchase up to 5 million shares in accordance with the Articles of Incorporation pursuant to Item 1 of Article 459 of the Companies Act of Japan. Class of shares: Common stock Total number of...

RHEA-AI

neutral

01/23/23 11:00 PM

OTC : NJDCY

Nidec Files a Civil Action and a Complaint against Diamond, Inc.

Nidec Corporation announced today that it has instituted an action against Diamond, Inc. and concerned individuals, requesting apology advertisements, among others, and submitted to the competent police station a damage report and a written complaint on the defamation by the aforementioned parties, stating that the recent article published by Diamond,...

RHEA-AI

very negative

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