CEO Mitsuya Kishida faced a barrage of questions about Nidec’s survival as well as deep skepticism about his plan to turn the ...
Misconduct at precision motor manufacturer Nidec Corp. occurred not only in accounting to inflate profits but also in production to reduce costs, investigations showed.
Precision motors giant Nidec Corp. is facing a potential 250 billion yen ($1.6 billion) loss after a third-party ...
Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company" or "we") hereby announces that the Company is considering filing the application for approval of an extension of the deadline of Annual ...
Although Nidec’s 6594 September quarter results were in line with our expectations, we lower our fair value estimate for Nidec to JPY 8,000 from JPY 9,000 due to the lower outlook for its EV traction ...
KYOTO, Japan (Reuters) - Since starting Nidec in 1973 in a tiny Kyoto shed with just three workers, Shigenobu Nagamori has built it into the world's top maker of precision motors and became one of ...
Nidec just unveiled two more traction motor systems: the 200 kW Ni200Ex and 50 kW Ni50Ex, based on the company’s original 150 kW E-Axle (fully integrated traction motor system with electric motor, ...
The Japanese company Nidec, by the way of releasing its Q4 financial results, announced a major expansion of its business (including tripling revenues) over the coming years through focusing on ...
Nidec President and Chief Operating Officer Jun Seki is planning to leave the electric-motor maker ahead of a management overhaul by founder Shigenobu Nagamori, people with knowledge of the matter ...
Nidec Corporation (TSE: 6594) (OTC US: NJDCY) is a global leader in electric motor drive technology. For the six months ended September 30, 2021, 22.5% of its consolidated sales were represented by ...
Embraer plans to launch a joint venture with Japanese electric motor specialist Nidec to develop and sell electric propulsion systems for the aerospace industry. The Sao Jose dos Campos-headquartered ...