Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of Nidec Corporation shareholders due to allegations of materially misleading business information issued by the company [2][3]. Group 1: Investigation Details - The investigation is prompted by a significant drop in Nidec's stock price, which fell 22% following a report of accounting issues related to its management [4]. - Nidec's American Depositary Receipts (ADRs) experienced a decline of 22.7% on September 4, 2025, marking the largest one-day drop for the company [4]. Group 2: Class Action Information - Investors who purchased Nidec Corporation securities may be eligible for compensation through a class action lawsuit, with no upfront costs due to a contingency fee arrangement [3]. - Interested investors can join the prospective class action by submitting a form or contacting the law firm directly [3]. 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 [5]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [5].

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 Details - The investigation is prompted by a significant drop in Nidec's share price following allegations of improper accounting practices within its China unit [3] - On September 4, 2025, Nidec's American Depositary Receipts (ADRs) fell by 22.7%, marking the largest one-day decline for the company [3] Group 2: Class Action Information - Shareholders who purchased Nidec Corporation securities may be eligible for 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 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 securities class action settlement against a Chinese company [4] - The firm has consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors [4]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of Nidec Corporation shareholders due to allegations of materially misleading business information issued by the company [2][3]. Group 1: Investigation Details - The investigation is prompted by a significant drop in Nidec's stock price, which fell 22% following a report of accounting issues related to its management [4]. - Nidec's American Depositary Receipts (ADRs) experienced a 22.7% decline on September 4, 2025, marking the largest one-day drop for the company [4]. Group 2: Class Action Information - Investors who purchased Nidec Corporation securities may be eligible for compensation through a class action lawsuit without any upfront costs, as the Rosen Law Firm operates on a contingency fee basis [3]. - Interested investors can join the prospective class action by submitting a form or contacting the firm directly [3]. Group 3: Rosen Law Firm's Credentials - The 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 [5]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [5].

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]

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].

Core Insights - The terminal connector industry in China is experiencing rapid growth driven by strong demand from downstream markets such as new energy vehicles, communication devices, and industrial automation. The market size is projected to grow from 26.062 billion yuan in 2017 to 43.62 billion yuan in 2024, with a compound annual growth rate (CAGR) of 7.64% [1][11] - The integration of new information technologies with the real economy, the acceleration of smart manufacturing strategies, and the implementation of green and low-carbon development requirements are expected to further expand the market space for the terminal connector industry [1][11] Industry Overview - Terminal connectors serve as essential components in electronic and electrical systems, facilitating the connection of wires or cables through physical contact of metal conductors. They are designed for reliability, durability, and ease of installation [4][6] - The terminal connector industry can be segmented into upstream (raw materials and components), midstream (production and manufacturing), and downstream (application fields such as communication, automotive, consumer electronics, and industrial transportation) [7] Market Size and Growth - The Chinese terminal connector market is expected to reach approximately 46.24 billion yuan by 2025, reflecting ongoing growth driven by technological advancements and market demand [1][11] - The global connector market is projected to grow from 60.1 billion USD in 2017 to 85 billion USD in 2024, with a CAGR of 5.08%. By 2025, it is expected to reach 93.28 billion USD [8][10] Competitive Landscape - The terminal connector market is characterized by a competitive landscape where international giants like TE Connectivity, Molex, and Amphenol dominate the high-end market, while domestic companies such as Luxshare Precision, AVIC Optoelectronics, and Derun Electronics are rapidly emerging through technological innovation and market expansion [12][11] - Domestic companies are gaining market share by leveraging cost advantages and localized service capabilities, aiming to compete in high-end applications [11][12] Key Companies - Luxshare Precision, established in 2004, focuses on precision smart manufacturing across various sectors, including consumer electronics, automotive, and communication. The company reported significant revenue growth across its business segments in the first half of 2025 [13][14] - AVIC Optoelectronics specializes in high-end interconnection solutions and has a strong presence in defense, aerospace, and high-end manufacturing sectors. The company reported a 21.57% increase in revenue in the first half of 2025 [15][16] Industry Trends - The terminal connector industry is moving towards miniaturization and high-density designs to meet the demands of increasingly compact electronic products [16] - There is a growing emphasis on high-speed performance to support the increasing data transmission needs, with innovations in materials and signal transmission paths [17] - The industry is also witnessing a shift towards smart connectors that integrate sensors and data processing units for real-time monitoring and predictive maintenance [18][19]

Group 1 - The global MLCC market is facing increased uncertainty in Q4 2025, impacting consumer and investment market confidence, which may pressure year-end consumer spending [1] - TrendForce forecasts a conservative inventory approach from OEM/ODM manufacturers, leading to a challenging outlook for consumer-grade MLCC orders, despite stable growth in high-end MLCC revenue [1] - Some smartphone brands are expected to reduce orders by 12-15% in Q4, while laptop demand is projected to decrease by 8-10% [1] Group 2 - The MLCC market is showing a clear polarization in supply, with major players like Murata, Taiyo Yuden, and Samsung benefiting from AI server and Apple new device demand, resulting in steady shipments [2] - Murata's MLCC shipments reached a historical high of over 140 billion units in September [2] - Other manufacturers are experiencing a decline in B/B Ratio due to weak demand for smartphones and laptops, prompting suppliers to adjust capacity and enhance automation to lower costs [2]

Core Insights - Surge Components, Inc. reported its financial results for the third quarter ending August 31, 2025, highlighting its position as a leading supplier in the industry [1] Operational Highlights - The company continues to provide best-in-class service to customers, which helps maintain its competitive advantage over peers [1] - Surge Components is focused on maintaining superior lead times and stable production, which are critical for customer satisfaction and operational efficiency [1] - The company is actively collaborating with partners to enhance its service offerings and operational capabilities [1]

Revenue Trends - The revenue of China's inductor industry is expected to show a steady growth trend from 2019 to 2024, with a significant increase in 2021, indicating relative industry prosperity in recent years. The growth rate of the industry increased year by year from 2019 to 2021, but stabilized starting in 2022 [1] Profitability Analysis - The sales gross margin of China's inductor industry exhibited a trend of first increasing and then decreasing from 2019 to 2024. The gross margin increased from 2019 to 2021 due to high product demand and strong bargaining power of industry enterprises. However, starting in 2022, the overall market returned to rationality, leading to a gradual decline in sales gross margin [2] Inventory Turnover - The inventory turnover rate in China's inductor industry showed fluctuations from 2019 to 2024. In 2019, the turnover rate was 5.13 times, affected by weak demand from major downstream terminals like mobile phones and automobiles. The rate peaked at 5.63 times in 2020 due to increased demand for inductors driven by the pandemic. However, it dropped sharply to 4.44 times in 2021 due to a temporary imbalance between supply and demand. From 2022 to 2024, the turnover rate gradually increased from 4.58 times to 4.93 times, reflecting steady recovery in demand driven by emerging fields such as 5G, new energy vehicles, and the Internet of Things [4] Accounts Receivable Turnover - The accounts receivable turnover rate in China's inductor industry showed a trend of first increasing and then decreasing, fluctuating between 3 and 4. Overall, the industry has a relatively low accounts receivable turnover rate, indicating longer collection periods. This is primarily due to the strong bargaining power of large electronic equipment manufacturers, which often require longer payment terms to optimize their cash flow [7] Debt Ratio - The asset-liability ratio of China's inductor industry showed an overall increasing trend from 2019 to 2024, rising from 35.2% to 44.2%. The ratio remains below 50%, indicating a moderate reliance on debt. The increasing trend reflects enterprises' efforts to expand scale by increasing debt ratios, aligning with the industry's transition towards miniaturization and high power density. Major manufacturers are investing heavily in high-end production capacity, such as new integrated inductor projects and overseas production bases, leading to a record high in debt levels [9]

Core Viewpoint - Murata Manufacturing is strategically investing 220 billion yen over the next three years to prepare for industry restructuring in the electronic components sector, driven by the maturation of smartphone and automotive markets [2][4]. Group 1: Strategic Investments and Mergers - The company has a history of growth through strategic mergers and acquisitions, starting with Erie Technological Products in 1980, which was rare for Japanese firms at the time [6][7]. - The planned 220 billion yen investment is aimed at mergers and acquisitions to absorb new technologies and achieve new growth [2][4]. - Murata's overseas sales now account for over 90% of its revenue, highlighting its successful international expansion [6]. Group 2: Market Dynamics and Competition - The electronic components industry is expected to undergo restructuring, with Murata's president noting that companies have not reduced their numbers despite stagnant global production [4]. - The Japanese electronic components industry holds a 33% share of the global market, maintaining competitiveness compared to semiconductors and displays [4]. Group 3: Challenges and Future Directions - Murata faced challenges with its battery business acquired from Sony in 2017, which has been impacted by competition from Chinese firms, leading to an asset impairment loss of approximately 50 billion yen in the fiscal year 2023 [8]. - The company is exploring new growth markets, including robotics and space technology, and aims to leverage acquisitions to target these sectors [9].