Nidec Corp Stock Price, News & Analysis

Nidec Corporation (NJDCY) announced that its consolidated financial statements audit is experiencing delays due to extended auditing processes at overseas subsidiaries. The company has not yet received the accounting auditor's report, which is being prepared for the 52nd Annual General Meeting of Shareholders scheduled for June 20, 2025.

While materials for the shareholders' meeting have been distributed, including anticipated audit reports, the company notes that these are subject to modification pending the receipt of the final accounting auditor's report. Nidec will post any corrections to the consolidated financial statements on their website once the accounting audit is completed.

Nidec Corporation (NJDCY) has announced its annual dividend distribution from retained earnings. The company will pay a year-end dividend of 20 yen per share with a record date of March 31, 2025, and an effective payment date of June 2, 2025. The total dividend amount is 22,960 million yen.

Combined with the interim dividend of 20 yen, the total annual dividend for FY2025 will be 40 yen per share. This follows the company's two-for-one stock split implemented on October 1, 2024. Nidec's shareholder return policy aims for a total payout ratio of 50%, including share repurchases, while maintaining stable dividends.

Nidec Corporation (NJDCY) has announced a significant share repurchase program authorized by its Board of Directors on May 27, 2025. The company plans to repurchase up to 13 million shares, representing approximately 1.13% of total outstanding shares, with a maximum repurchase amount of 35 billion yen. The repurchase period will run from May 28, 2025 through May 27, 2026.

The buyback aims to provide flexible implementation while considering factors such as medium to long-term growth investments, current cash position, and stock price levels, targeting a total return ratio of 50%. As of April 30, 2025, Nidec had 1,146,307,799 shares outstanding (excluding treasury stock) and held 46,261,137 shares in treasury.

Nidec Corporation (NJDCY) has announced the withdrawal of its tender offer to acquire shares of Makino Milling Machine Co., Ltd. The tender offer, which began on April 4, 2025, was part of Nidec's strategy to make Makino a wholly-owned subsidiary. The decision to withdraw was made during a Board of Directors meeting on May 9, 2025, citing concerns that an allotment of share options without contribution could potentially damage the company and make the tender offer economically unreasonable. The tender offer was originally scheduled to run until May 21, 2025. The return of tendered share certificates will commence on May 9, 2025, through tender offer agents Mita Securities Co., Ltd. and Monex, Inc.

Nidec (NJDCY) has reported record-breaking financial results for the fiscal year ended March 31, 2025. The company achieved all-time highs across key metrics, with consolidated net sales reaching ¥2,607,094 million, an 11.1% increase from the previous year.

Operating profit surged by 48.4% to ¥240,200 million, while profit attributable to owners of the parent grew 34.7% to ¥167,688 million. The operating profit ratio improved from 6.9% to 9.2%. Fourth-quarter performance was particularly strong, with record-high quarterly net sales of ¥661,130 million and operating profit of ¥65,447 million, compared to a loss in the same period last year.

Basic earnings per share increased to ¥145.95 from ¥108.30 in the previous year, reflecting the company's strong financial performance.

Nidec (NJDCY) has announced its decision to launch a tender offer to acquire shares of Makino Milling Machine Co., (Securities Code: 6135), which is currently listed on the Prime Market of the Tokyo Stock Exchange. The tender offer resolution was made on April 3, 2025, and will be conducted under the Financial Instruments and Exchange Act of Japan.

Nidec (NJDCY) has provided an update on its ongoing share repurchase program. During March 2025, the company repurchased 2,120,000 shares for a total amount of 5.66 billion yen. The repurchase was executed under the plan approved by the Board of Directors on July 23, 2024, which authorizes the buyback of up to 10 million shares (0.87% of total shares issued) with a maximum repurchase amount of 35 billion yen.

The repurchase period runs from May 27, 2024, through May 26, 2025. As of March 31, 2025, the company has repurchased a total of 2,920,300 shares for 7.77 billion yen since the program's inception.

Nidec Precision has announced the transfer of its approximately 68.4% stake in Nidec Precision Yamada to APIC YAMADA . The share transfer agreement was executed and completed on March 31, 2025, following a board resolution on March 18, 2025.

The Target Company, established in 2003 as a joint venture, specializes in designing, manufacturing, and selling precision molds, with APIC YAMADA as its primary customer. The transfer decision came after APIC YAMADA proposed to make the Target Company a wholly-owned subsidiary to facilitate potential business consolidation for future expansion.

Nidec Precision will maintain its business relationship with APIC YAMADA, Yamaha Motor Co., , and Yamaha Robotics Holdings Co., The transaction is not expected to significantly impact Nidec's consolidated financial performance for the fiscal year ending March 31, 2025.

Nidec (NJDCY) has submitted its responses to the third questionnaire from Makino Milling Machine Co., , dated March 11, 2025. This action is part of Nidec's previously announced tender offer process, which was initially disclosed on December 27, 2024.

The tender offer is part of a broader transaction aimed at making Makino Milling Machine, currently listed on Tokyo Stock Exchange's Prime Market, a wholly owned subsidiary of Nidec. The company has expressed its commitment to continue providing necessary information to Makino Milling Machine in a timely and appropriate manner to facilitate their evaluation of the transaction.