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Nidec
(6594)
Nidec (6594) vs. iShares MSCI Japan ETF (EWJ)
Nidec Business Overview & Revenue Model
Nidec Earnings Call Summary
Nidec Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.62T | 2.61T | 2.35T | 2.23T | 1.92T | 1.62T |
| Gross Profit | 469.61B | 537.00B | 497.43B | 413.20B | 403.34B | 366.56B |
| EBITDA | 348.53B | 263.37B | 294.39B | 247.01B | 282.08B | 256.65B |
| Net Income | 178.50B | 167.69B | 125.39B | 36.98B | 136.87B | 121.98B |
Balance Sheet | ||||||
| Total Assets | 3.49T | 3.33T | 3.17T | 2.87T | 2.68T | 2.26T |
| Cash, Cash Equivalents and Short-Term Investments | 347.40B | 246.24B | 217.00B | 186.10B | 204.48B | 223.41B |
| Total Debt | 255.87B | 636.05B | 600.90B | 705.35B | 595.71B | 531.47B |
| Total Liabilities | 1.71T | 1.58T | 1.50T | 1.50T | 1.36T | 1.14T |
| Stockholders Equity | 1.76T | 1.72T | 1.64T | 1.35T | 1.29T | 1.10T |
Cash Flow | ||||||
| Free Cash Flow | 173.79B | 163.72B | 193.05B | -10.25B | -20.23B | 119.23B |
| Operating Cash Flow | 298.96B | 284.43B | 320.77B | 143.49B | 94.99B | 219.16B |
| Investing Cash Flow | -144.60B | -150.64B | -153.55B | -164.94B | -112.60B | -100.57B |
| Financing Cash Flow | -34.47B | -76.81B | -181.56B | -19.24B | -64.39B | -136.19B |
Nidec Technical Analysis
Nidec Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $569.43B | 37.00 | 5.25% | 2.13% | -2.23% | 130.96% | |
69 Neutral | ¥2.69T | 22.49 | 6.88% | 0.97% | 5.35% | 26.51% | |
64 Neutral | $2.88T | 26.22 | 13.25% | 1.40% | 14.12% | 54.64% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | $712.36B | 22.59 | 0.59% | 2.95% | -2.67% | -85.21% | |
58 Neutral | ¥441.85B | 94.77 | 5.62% | 0.56% | 6.22% | ― | |
55 Neutral | ¥580.05B | 92.37 | 1.88% | 6.16% | 1.98% | -48.28% |
Nidec Corporate Events
Nidec has disclosed that an independent Third-Party Committee, set up after indications of potential improper accounting involving management at the parent and group companies, has issued an interim investigation report and is now prepared to propose measures to prevent recurrence. The committee’s inquiry, conducted over roughly six months, remains ongoing, and Nidec plans to publish a redacted version of the report once trade secrets and personal information are removed.
The company said it will fully accept the committee’s findings and recommendations, pledging to overhaul management and internal controls, strengthen governance, and restore trust by improving transparency and soundness. Nidec also intends to revise and reissue its previously announced improvement plan after incorporating the committee’s conclusions and the results of internal investigations, while promising to release the final report, including the financial impact assessment, once the probe is complete.
The most recent analyst rating on (JP:6594) stock is a Hold with a Yen2573.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
Nidec’s founder Shigenobu Nagamori has resigned from his role as Chairman Emeritus, fully severing his formal ties with the company after previously stepping down as representative director and from all management duties in December. His departure comes as Nidec faces scrutiny over suspected inappropriate accounting practices and awaits a third-party committee report, marking a symbolic end to his 50-year management era and a deliberate handover of corporate reform to the next generation of leaders.
In a farewell message, Nagamori framed his exit as creating a “white canvas” for younger employees to rebuild trust and reposition Nidec as a sincere and globally trusted public company. He expressed confidence that the next generation will drive the company’s revitalization while he pursues a new personal focus on fostering human resources, and he urged stakeholders to continue supporting Nidec as it embarks on this new chapter under refreshed governance and leadership.
The most recent analyst rating on (JP:6594) stock is a Hold with a Yen2573.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
Nidec Corporation is establishing a new Culture Transformation Lab as part of an organizational restructuring effective February 1, 2026, underscoring its focus on cultural and organizational reform alongside its core motor and industrial businesses. The company has also announced personnel changes that place Vice President and Chief Compliance and Human Resource Officer Masayuki Minai in charge of the newly created Culture Transformation Lab, while maintaining oversight of key corporate governance, compliance, risk management, sustainability, and HR functions, signaling an effort to integrate culture change with compliance and corporate administration, and to reinforce centralized control over governance and human capital management.
The most recent analyst rating on (JP:6594) stock is a Hold with a Yen2459.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
Nidec Corporation has announced the creation of a Culture Transformation Lab, effective February 1, 2026, as part of a broader corporate reform initiative aimed at addressing group-wide cultural issues and strengthening trust and transparency within the organization. The Lab, formed from bottom-up proposals and reporting directly to the CHRO and CEO, will start with eight members and engage Nidec’s global workforce to improve how employee feedback is heard, acted upon, and integrated into decision-making. By emphasizing ethical reflection, open dialogue, and sustained cultural change that incorporates external perspectives and regional values, Nidec seeks to build a more inclusive, responsive corporate culture that reinforces employee pride and supports the company’s long-term positioning as a trusted partner for stakeholders.
The most recent analyst rating on (JP:6594) stock is a Hold with a Yen2459.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
Nidec has announced that the disclosure of its financial results for the third quarter of the fiscal year ending March 31, 2026, will be delayed beyond the standard 45-day window following quarter-end, citing ongoing investigations into suspected improper accounting practices that could materially affect its consolidated financial statements. An independent third-party committee, established in line with Japanese bar association guidelines, and Nidec’s own internal probes are examining issues including the timing of asset write-downs and trade and customs matters; the company plans to finalize and release its figures only after these investigations and an auditor’s interim review are complete, with a new disclosure date to be announced once determined, underscoring heightened scrutiny over its financial reporting and internal controls for investors and other stakeholders.
The most recent analyst rating on (JP:6594) stock is a Hold with a Yen2459.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
Nidec Corporation has submitted an improvement plan and status report to the Tokyo Stock Exchange after its shares were designated as a Security on Special Alert in October 2025 due to deficiencies in its internal management system. The plan, developed by Nidec’s Corporate Reform Committee, aims to fundamentally strengthen internal controls, governance, and organizational culture, although it does not yet incorporate findings from ongoing investigations by a third-party committee and external experts; Nidec intends to revise the plan once those reports are received and says executives and employees will work jointly to implement reforms and provide further updates, underscoring efforts to restore market confidence and regulatory trust.
The most recent analyst rating on (JP:6594) stock is a Hold with a Yen2459.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
Nidec Corporation will overhaul parts of its R&D and automotive-related organizations from January 1, 2026, creating dedicated CTO Technology Planning and Intellectual Property departments and formalizing new Urban Air Mobility and Inverter System Development projects within its Product Technology R&D Center. The company is also creating a Business Strategy and Sales Department within its Automotive Motor & Electronic Control Organic Business Unit and renaming the Management Department of the Inverter Business Group as the Administration Department, accompanied by a series of senior-level personnel reassignments; these moves appear aimed at sharpening technology strategy, strengthening IP management, and aligning its automotive and new mobility operations for future growth.
The most recent analyst rating on (JP:6594) stock is a Buy with a Yen2306.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
Nidec Corporation announced that its founder and long-time leader, Shigenobu Nagamori, has voluntarily resigned from his role as Founder and Chairman of the Board and will transition to the honorary position of Chairman Emeritus on a non-full-time basis. In conjunction with this leadership change, current Representative Director, President and CEO Mitsuya Kishida will assume the additional role of Chairman of the Board, consolidating the top executive and governance positions as Nidec seeks continuity in strategy while formally shifting from founder-led governance to a more institutional leadership structure, with Nagamori remaining involved in preserving the company’s founding vision and long-term value orientation.
The most recent analyst rating on (JP:6594) stock is a Buy with a Yen2306.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.