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Nidec ( (JP:6594) ) just unveiled an announcement.
Nidec Corporation has announced the integration of scroll compressor technology into its product lineup through the acquisition of Xecom, enhancing its position in the air conditioning and heat pump markets. Despite a decline in net sales and operating profit in the first quarter of fiscal year 2025, the company is strategically expanding its product offerings to strengthen its market presence.
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 manufacturing industry, primarily focusing on producing motors and related components. The company is known for its small precision motors and has a significant presence in the automotive, appliance, commercial, and industrial product markets.
Average Trading Volume: 16,056,641
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen2700B
For a thorough assessment of 6594 stock, go to TipRanks’ Stock Analysis page.