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An update from Nidec ( (JP:6594) ) is now available.
Nidec Corporation has released preliminary financial results for the first quarter of fiscal year 2025, reporting net sales of 637,899 million yen and an operating profit of 61,450 million yen. The company is currently conducting additional investigations into trade transaction and tariff issues, which may lead to revisions in these preliminary figures. The announcement highlights a slight decline in net sales and a significant drop in profit before income taxes compared to the same period last year, reflecting ongoing challenges and uncertainties in their operations.
The most recent analyst rating on (JP:6594) stock is a Buy with a Yen4500.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
More about Nidec
Nidec Corporation is a leading company in the electric motor industry, primarily focusing on the development and manufacturing of small precision motors, mid-size motors, and other related products. The company serves a diverse range of markets including automotive, industrial, and consumer electronics, positioning itself as a key player in the global motor industry.
Average Trading Volume: 4,471,974
Technical Sentiment Signal: Sell
Current Market Cap: Yen3215.2B
See more data about 6594 stock on TipRanks’ Stock Analysis page.