Nidec Scraps Year-End Dividend Amid Accounting Probe Fallout

Nidec ( (JP:6594) ) has issued an update.

Nidec Corporation has announced that its board of directors resolved not to pay a year-end dividend for the fiscal year ending March 2026, setting the dividend per share at zero yen for shareholders on record as of March 31, 2026. This marks a sharp reversal from the prior fiscal year, when the company paid a 20-yen year-end dividend, and the decision prompted a formal apology to shareholders and investors.

The suspension of the dividend follows findings from an independent third-party committee that uncovered inappropriate accounting practices with a potentially material impact on Nidec’s consolidated financial statements. With the investigation still ongoing and significant effects expected on prior years’ results, management has opted to conserve capital and defer shareholder returns, a move that raises questions about the company’s financial reporting reliability and may weigh on investor confidence in the near term.

The most recent analyst rating on (JP:6594) stock is a Buy with a Yen2721.00 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 Japan-based manufacturer best known for its electric motors and related components, serving sectors ranging from consumer electronics to automotive and industrial applications. Listed on the Tokyo Stock Exchange under code 6594 and traded OTC in the U.S. as NJDCY, the company has positioned itself as a key supplier in global motion control and precision equipment markets.

Average Trading Volume: 6,637,787

Technical Sentiment Signal: Sell

Current Market Cap: Yen2677.8B

For a thorough assessment of 6594 stock, go to TipRanks’ Stock Analysis page.