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03.03.26 - 09:48
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Nidec Announces the Determination of No Year-End Dividend (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) hereby announces that, at the meeting of the Board of Directors held on March 3, 2026, the Board resolved not to pay a dividend from surplus (year-end dividend) with a record date of March 31, 2026.
We sincerely apologize for any inconvenience and concern this may cause to our shareholders, investors and other stakeholders.
(1) Details of Dividend
Amount Resolved
Latest Dividend Forecast
(Announced on October 23, 2025)
Previous Fiscal Year Results
(Fiscal Year Ended March 2025)
Record Date
March 31, 2026
Same as left
March 31, 2025
Dividend per Share
(JPY)
0.00
To be determined
20.00
Total Dividend
Amount (JPY)
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22,960 million
Effective Date
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June 2, 2025
Source of Dividend
-
-
Retained Earnings
(2) Reason
As stated in the “Announcement Regarding the Disclosure of the Third-Party Committee's Investigation Report and Our Company's Response” issued today, the Company received a report from the Th...
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26.02.26 - 09:18
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Nidec Founder Nagamori Steps Down as Chairman Emeritus (Bloomberg)
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Nidec Corp. founder Shigenobu Nagamori is relinquishing his post as chairman emeritus, having already resigned from the board after an accounting scandal triggered credit downgrades, delayed financial results and put the company at risk of becoming delisted....
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04.02.26 - 14:01
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Nidec Aerospace eröffnet neuen Standort in Atlanta (Electrive)
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Nidec Aerospace, ein Joint Venture des japanischen E-Motoren-Herstellers Nidec und des brasilianischen Flugzeugherstellers Embraer, gründet eine Niederlassung in der US-Großstadt Atlanta. Dadurch soll die Entwicklung und der Einsatz von E-Antrieben in der Luftfahrt forciert werden....
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28.01.26 - 14:48
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Nidec Admits Prioritizing Founder Nagamori′s Intensions (Nippon)
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Tokyo, Jan. 28 (Jiji Press)--Japanese electronic device maker Nidec Corp. submitted a report on its alleged accounting irregularities to the Tokyo Stock Exchange on Wednesday, admitting that its corporate culture prioritizing the intentions of its founder, Shigenobu Nagamori, had weakened its internal controls. "We deeply apologize for causing great inconvenience," Nidec President Mitsuya Ki......
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28.01.26 - 12:42
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Nidec Announces Disclosure of the Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2026, Exceeding 45 Days After the Quarter-End (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) hereby announces that the scheduled disclosure date of the financial results for the third quarter of the fiscal year ending March 31, 2026, will exceed 45 days after the quarter-end, as detailed below.
We sincerely apologize for any inconvenience and concern caused to our shareholders, investors, and other stakeholders.
1. Reason for the Delay in the Disclosure of the Financial Results
As announced in the press release dated September 3, 2025, “Notice Regarding Establishment of Third Party Committee,” suspected improper accounting practices involving or recognized by the management of the Company or its group companies were found, and these practices, including arbitrarily adjusting the timing of write-downs of certain assets with risk in terms of their asset value, may impose a material impact on the Company's overall consolidated financial statements. Thus, the Company determined that it would need to...
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22.12.25 - 02:12
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Nidec Announces the Resignation and Change in Title of a Representative Director and Member of the Board of Director (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today announced the resignation of a Representative Director and member of the Board of Director of the Company, and a change in his title, as described below.
1. Resignation of a Representative Director
Name
New title
Former title
Shigenobu Nagamori
Chairman Emeritus (non-fulltime)
Founder and Chairman of the Board
As of today, Mr. Shigenobu Nagamori, Founder and Chairman of the Board of the Company, has voluntarily resigned from the office of Founder and Chairman of the Board.
2. Successor to the office of the Chairman of the Board
Following Mr. Nagamori's resignation, Mr. Mitsuya Kishida, Representative Director, President and Chief Executive Officer of the Company, will succeed the office of the Chairman of the Board.
3. Mr. Nagamori's assumption of Chairman Emeritus
As of the day of his resignation, Mr. Nagamori will assume the office of Chairman Emeritus. Going forward, Mr. Nagamori will remain commit...
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