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Nidec ( (JP:6594) ) just unveiled an update.
Nidec Corporation announced financial adjustments due to provisions for loss on contracts, impairment losses on non-financial assets, and liabilities from supplier settlements in the first and second quarters of the fiscal year ending March 2026. These financial adjustments have led to changes in net sales and profit figures, highlighting potential misstatements that may be investigated by a Third-Party Committee.
The most recent analyst rating on (JP:6594) stock is a Hold with a Yen2366.00 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 operates in the automotive and appliance sectors, focusing on the production of automotive products and commercial and industrial appliances. The company is listed on the Tokyo Stock Exchange and has a significant presence in the global market.
Average Trading Volume: 16,056,641
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen2700B
Learn more about 6594 stock on TipRanks’ Stock Analysis page.