Nidec ( (JP:6594) ) has provided an announcement.
Nidec Corporation reported its consolidated financial results for the year ended March 31, 2025, showing a notable increase in net sales and operating profit compared to the previous year. The company implemented a two-for-one stock split and adjusted its dividend payouts accordingly. Despite a decrease in comprehensive income, Nidec’s financial position remains strong with a stable equity ratio and positive cash flows from operating activities. The company also announced the consolidation of Nidec PSA emotors, indicating a strategic expansion in its operations.
More about Nidec
Nidec Corporation is a leading company in the motor industry, primarily focusing on manufacturing and supplying electric motors and related components. The company is listed on the Tokyo Stock Exchange’s Prime Market and has a significant presence in the global market.
YTD Price Performance: -13.75%
Average Trading Volume: 1,648
Technical Sentiment Signal: Strong Buy
Current Market Cap: $17.34B
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