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nidec corp (6594) Snapshot

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nidec corp (6594) Details

NIDEC Corporation manufactures and sells electric motors and related components and equipment worldwide. It offers hard disk drives spindle motors and other small precision motors for optical disk drives, electronic cooling fans, refrigerators, DVD recorders, laser printers, copiers, polygon scanners, automobiles, and other applications, as well as vibration mechanism for mobile phones. The company also provides automotive motors, power-train components, sensors, and electronic controls for power steering systems, dual-clutch transmission systems, engine cooling systems, seat adjusters, window lifts, vehicle traction systems, collision avoidance and mitigation systems, and other products; and home appliances motors for air purification systems, washing machines, refrigerators, dish washers, and other products. In addition, it offers commercial and industrial motors and systems for processing lines, rolling mills, mining equipment, heat pump and water heater systems, elevators, escalators, air conditioning systems, commercial food refrigerators, floor care equipment, utility and material handling vehicles, aerial lifts, monitoring systems, barrier-free facilities, electric tools, air compressors, marine propulsion systems, wind and photovoltaic power generation systems, and other products. Further, the company offers transfer robots for liquid-crystal-display panels, semiconductor wafers, and other products; card readers; mechanical pressing and food packaging machines; power transmission systems; shutters and lens units for digital still cameras and mobile phones; switches; trimmer potentiometers; precision plastic moldings; plastic metal casings; and music box products, as well as logistic services. It serves hard disk drives, electric household appliances, automation equipment, automotive components, home video game consoles, telecommunication equipment, and audio-visual equipment manufacturers. The company was founded in 1973 and is headquartered in Kyoto, Japan.

98,439 Employees
Last Reported Date: 06/25/15
Founded in 1973

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nidec corp (6594) Key Developments

Nidec Corporation Provides Dividend Guidance for the Interim and Year End for the Fiscal Year Ending March 31, 2016

Nidec Corporation provided dividend guidance for the interim and year end for the fiscal year ending March 31, 2016. For the interim, the company expects to pay dividend of JPY 40 per share compared to JPY 30 per share paid a year ago. For the year end, the company expects to pay dividend of JPY 40 per share compared to JPY 40 per share paid a year ago.

Nidec Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended June 30, 2015

Nidec Corporation announced unaudited consolidated earnings results for the first quarter ended June 30, 2015. For the period, the company reported net sales of ¥285,041 million against ¥240,188 million a year ago. Operating income was ¥31,061 million against ¥25,035 million a year ago. Income before income taxes was ¥32,705 million against ¥24,454 million a year ago. Net income attributable to company was ¥24,196 million or ¥81.08 per diluted share against ¥17,573 million or ¥59.76 per diluted share a year ago. Net cash provided by operating activities decreased ¥859 million from ¥22,023 million for the three months ended June 30, 2014 to ¥21,164 million for the three months ended June 30, 2015. The decrease in net cash provided by operating activities was primarily due to larger net negative adjustments of ¥10,366 million for changes in operating assets and liabilities, partially offset by the increase in consolidated net income of ¥6,315 million. Additions to property, plant and equipment was at ¥13,424 million against ¥21,295 million reported last year.

Nidec Corporation to Report Q1, 2016 Results on Jul 22, 2015

Nidec Corporation announced that they will report Q1, 2016 results on Jul 22, 2015


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