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Nidec ( (JP:6594) ) has provided an announcement.
Nidec Corporation has applied for an extension to submit its 52nd fiscal year securities report due to the need for an additional internal investigation. This investigation is necessary to ensure the accuracy of financial statements following events at its Italian subsidiary, NIDEC FIR INTERNATIONAL S.R.L., which may impact the company’s financial reporting and audit processes.
The most recent analyst rating on (JP:6594) stock is a Buy with a Yen4500.00 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 motors for appliances, commercial, and industrial applications. The company focuses on innovation and efficiency in the motor market, serving various sectors including automotive and industrial equipment.
Average Trading Volume: 4,754,224
Technical Sentiment Signal: Hold
Current Market Cap: Yen3446.8B
See more data about 6594 stock on TipRanks’ Stock Analysis page.