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28.10.25 - 02:42
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Nidec Put on Special Alert by TSE (Nippon)
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Tokyo, Oct. 28 (Jiji Press)--The Tokyo Stock Exchange has designated Japanese electronic device maker Nidec Corp. as a "security on special alert," effective Tuesday. The move, announced on Monday, came after suspected accounting irregularities surfaced at Nidec subsidiaries in Italy and China. In late September, an audit firm said it will not release its audit opinion on Nidec's securiti......
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23.10.25 - 09:12
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Nidec Announces the Determination of No Interim Dividend, Revision of Year-End Dividend Forecast, and Revision to the Forecast of Consolidated Financial Performance (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) hereby announces that its Board of Directors has resolved not to pay surplus dividend (interim dividend) with September 30, 2025 as the record date at a meeting held on October 23, 2025.
In addition, Nidec has revised the year-end dividend forecast and forecast of consolidated financial performance for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026), which were previously announced on April 24, 2025, as follows.
The Company sincerely apologizes for the inconvenience and concern caused to its shareholders, investors and other stakeholders.
(1) Details of Interim Dividend
Determined Amount
Previous Forecast
(Announced on April 24, 2025)
Previous Results
(as of Sep. 30, 2024)
Record Date
September 30, 2025
Same as left
September 30, 2024
Dividend per Share
(Yen)
0.00
20.00
40.00
Total Dividend
-
-
23,018 million yen
Effective Date
-
-
December 2, 2024
Source of Dividend
??...
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23.10.25 - 09:12
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Nidec Announces the Status of Share Repurchase and the Discontinuation of the Share Repurchase (Business Wire)
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(Repurchase of own shares, pursuant to the Company's Articles of Incorporation based on the provisions of Item 1 of Article 459 (1) of the Companies Act of Japan)KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) today announced the status of the Company's own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on May 27, 2025, pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.
In addition, the Company also announces that at the Board of Directors meeting held on 23 October 2025, the Company decided to discontinue the share repurchase based on the Board of Directors resolution held on May 27, 2025.
(1) Details of Share Repurchase
Period of share repurchase: From October 1, 2025 through October 23, 2025
Class of shares: Common stock
Number of shares repurchased: 0 shares
Total repurchase amount: 0 yen
Note: The above repurchase information has been prepared on the basis of trade date.
Refe...
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