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The latest announcement is out from Nidec ( (JP:6594) ).
Nidec Corporation announced corrections to its financial statements for the year ended March 31, 2025, due to unpaid tariffs and suspected improper accounting in its subsidiaries. These corrections resulted in minor changes to net sales and more significant decreases in operating profit and profit before income taxes, impacting stakeholders and reflecting the company’s commitment to transparency and accuracy.
The most recent analyst rating on (JP:6594) stock is a Buy with a Yen3300.00 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 electric motor industry, providing a wide range of motor-related products and services. The company focuses on innovation and technological advancement in motor technology, serving various markets including automotive, industrial, and consumer electronics.
Average Trading Volume: 7,383,203
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen3121.8B
For detailed information about 6594 stock, go to TipRanks’ Stock Analysis page.