Nidec(NJDCY)
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ROSEN, LEADING INVESTOR COUNSEL, Encourages Nidec Corporation Investors to Inquire About Securities Class Action Investigation - NJDCY
Newsfile· 2025-11-08 16:16
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Nidec Corporation due to allegations of materially misleading business information [1] Group 1: Investigation and Allegations - Nidec Corporation is facing scrutiny after a CNBC article reported a 22% drop in its shares following the announcement of a probe into improper accounting practices [3] - The investigation is linked to accounting issues tied to management within Nidec's China unit, marking the largest one-day decline for the company [3] Group 2: Class Action Details - Shareholders who purchased Nidec Corporation securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2] - Interested investors can join the class action by submitting a form or contacting the law firm directly [2] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company [4] - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4]
Rosen Law Firm Encourages Nidec Corporation Investors to Inquire About Securities Class Action Investigation - NJDCY
Prnewswire· 2025-11-07 21:46
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Nidec Corporation due to allegations of materially misleading business information [1][2]. Group 1: Investigation Details - The investigation follows a significant drop in Nidec's stock price, which fell 22.7% on September 4, 2025, after a CNBC article reported accounting issues tied to management in its China unit [3]. - The probe into Nidec's accounting practices marks the largest one-day decline in the company's shares [3]. Group 2: Class Action Information - Shareholders who purchased Nidec Corporation securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees or costs due to a contingency fee arrangement [2]. - Interested investors can join the prospective class action by submitting a form or contacting the Rosen Law Firm directly [2]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and consistently ranking among the top firms for securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [4].
Nidec Secures $3.9 Billion Credit Line, Easing Liquidity Fears
Yahoo Finance· 2025-11-05 00:24
Nidec Corp. Shin-Kawasaki Technology Center in Kawasaki. Photographer: Takaaki Iwabu/Bloomberg Nidec Corp. secured a ¥600 billion ($3.9 billion) credit line from MUFG Bank Ltd. and SMBC, easing concerns about potential liquidity strains at the maker of precision motors amid an ongoing probe into accounting issues. The commitment line agreement comprises two bilateral contracts of ¥300 billion each, unsecured and unguaranteed, with a contract period valid for one year from Nov. 7. Nidec’s stock rose as mu ...
Securities Fraud Investigation Into Nidec Corporation (NJDCY) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Businesswire· 2025-10-29 20:31
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Nidec Corporation ("Nidec†or the "Company†) (OTC: NJDCY) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON NIDEC CORPORATION (NJDCY), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On September 3. ...
Securities Fraud Investigation Into Nidec Corporation (NJDCY) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2025-10-28 20:42
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Nidec Corporation ("Nidec†or the "Company†) (OTC: NJDCY) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON NIDEC CORPORATION (NJDCY), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On September 3, 2025, Nidec disclosed it had established a third-party c. ...
Nidec Shares Plunge On Removal From Japan's Nikkei And Topix
Forbes· 2025-10-28 10:00
Nidec Corp. in Kawasaki, Japan.Takaaki Iwabu/BloombergShares of Nidec, the precision motor maker founded by Japanese billionaire Shigenobu Nagamori, plunged by their daily 500 yen limit (19%) on Tuesday after the Tokyo Stock Exchange announced its decision to remove the 52-year-old company from the benchmark Nikkei 225 and Topix indexes.The exchange designated on Monday Nidec as a “security on special alert.” It cited reasons including lax internal controls and an ongoing investigation over a deepening acco ...
Nidec(NJDCY) - 2025 Q3 - Earnings Call Transcript
2025-01-23 21:24
Financial Data and Key Metrics Changes - The company reported its latest earnings results, which will be detailed in the presentation [4]. - Akinobu Samura, the CFO, will provide an overview of the financial performance [4]. Business Line Data and Key Metrics Changes - The presentation will include detailed explanations of various business units, particularly focusing on the Automation and Machinery Business Unit [4]. Market Data and Key Metrics Changes - Specific market data and metrics will be discussed in the context of the company's performance [4]. Company Strategy and Development Direction - The company is involved in a significant acquisition, specifically the TOB best acquisition of Makino Milling Machine, which will be addressed in the second section of the presentation [3]. Management Comments on Operating Environment and Future Outlook - Management will provide insights into the operating environment and future prospects during the presentation [4]. Other Important Information - The conference call will include a question-and-answer session for both the earnings results and the acquisition announcement [3]. Q&A Session Summary Question: Details on the acquisition of Makino Milling Machine - The management will address questions regarding the strategic implications and expected benefits of the acquisition during the Q&A session [3].
Nidec(NJDCY) - 2024 Q2 - Earnings Call Presentation
2024-10-24 06:20
TSE: 6594 OTC US: NJDCY https://www.nidec.com/en/ Nidec Corporation Fiscal First-Half 2024 Financial Results Three Months Ended September 30, 2024 1 FINITY T900 1 FINITY T950 Nidec's water cooling modules are adopted in certain models of Fujitsu's optical transmission system | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
Nidec(NJDCY) - 2024 Q2 - Earnings Call Transcript
2024-10-24 06:16
Financial Data and Key Metrics Changes - Net sales increased by 11.8% to JPY 293.8 billion, marking a record high [3] - Operating profit rose by 4.9% to JPY 121 billion, also a record high on a quarterly basis [3] - Operating profit before income tax decreased by 30.9% to JPY 100.2 billion [3] Business Line Data and Key Metrics Changes - Small precision motors and automotive products saw increases in both sales and operating profit [7] - The appliance, commercial, and industrial product segment incurred JPY 2 billion in restructuring expenses, leading to a significant decrease in profitability [6] - The machinery segment showed signs of recovery, particularly in machine tools, contributing positively to sales and operating profit [6] Market Data and Key Metrics Changes - The automotive business is focusing on joint ventures in China and Europe, with a positive outlook for traction motor products [12][14] - The demand for water cooling modules is rapidly growing, with various products being debuted [4][22] - The data center business in North America is experiencing explosive demand, particularly for emergency power generation [27] Company Strategy and Development Direction - The company aims to enhance cash flow generation and maximize corporate value through balanced cash allocation [8] - Organizational changes are being implemented to improve local management and communication with customers in Europe and the U.S. [19] - The focus is on integrating automotive product businesses and leveraging synergies across different divisions [20][32] Management's Comments on Operating Environment and Future Outlook - Management acknowledges challenges in the automotive sector but is committed to overcoming these difficulties through unity and strategic efforts [41] - The company is optimistic about achieving sales targets and is focused on long-term growth, aiming for JPY 7 trillion in sales by 2030 [43][44] - There is a strong emphasis on developing software capabilities and system designs to address market needs [49] Other Important Information - The company is expanding its manufacturing capabilities in India and Europe to support growth in various segments [25][26] - Significant investments are being made in R&D and capital expenditures to support midterm growth [9] Q&A Session Summary Question: Will the new management generate profit based on organizational changes? - Management is focused on achieving sales of JPY 60 billion and is having internal discussions to address uncertainties [39] Question: What is the target operating profit margin for the appliance and commercial products? - The current operating profit margin is 12.5%, with efforts to enhance profitability in struggling segments [54] Question: What are the plans for the EV traction motor business? - The company is focusing on joint ventures and component business, with inquiries from large clients [51] Question: What is the strategy for M&A in the future? - The company plans to pursue both large and small-scale M&A opportunities to enhance its global presence [61] Question: How will the company address the software talent shortage? - The establishment of a Technological Strategy Committee aims to reinforce software capabilities and explore new business opportunities [49]
NJDCY or OLED: Which Is the Better Value Stock Right Now?
ZACKS· 2024-09-17 16:41
Investors interested in stocks from the Electronics - Miscellaneous Components sector have probably already heard of Nidec Corp. (NJDCY) and Universal Display Corp. (OLED) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks ...