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30.07.25 - 05:06
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Nidec to Build New Factory in India (Nippon)
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Tokyo, July 30 (Jiji Press)--Japan's electronic device maker Nidec Corp. will invest 120 million dollars to set up a new factory in India to meet quickly growing refrigeration demand in the huge South Asian market. The 55,000-square-meter plant will be built in Chhatrapati Sambhajinagar, previously called Aurangabad, in the western state of Maharashtra to produce each year up to 6 million co......
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24.07.25 - 08:48
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Nidec Announces the Disclosure of the Financial Results for the First 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 first quarter of the fiscal year ending March 31, 2026, will exceed 45 days after the quarter-end, as detailed below.
1. Reason for the Delay in the Disclosure of the Financial Results
As announced in our press release dated June 26, 2025, titled "Notice concerning board of directors' resolution of application for approval of deadline extension for submission of securities report for 52nd fiscal year," the Company is continuing additional investigations concerning issues related to trade transactions and customs issues involving one of our consolidated subsidiaries. Consequently, the consolidated financial statements for the fiscal year ended March 31, 2025, have not yet been finalized.
Furthermore, as stated in our press release dated June 27, 2025, titled "Notice concerning approval of deadline extension for...
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24.07.25 - 08:48
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Nidec Announces Preliminary Report on Performance Values (First Quarter of Fiscal Year 2025) (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--As announced today in the "Notice Regarding the Disclosure of the Financial Results for the First Quarter of the Fiscal Year Ending March 31, 2026, Exceeding 45 Days After the Quarter-End," the planned disclosure date for our First Quarter Performance Information for the Fiscal Year Ending March 2026 will be more than 45 days after the end of the quarter. However, we have determined that it is important to provide our investors and other stakeholders with our current preliminary performance information for the first quarter of the fiscal year ending March 2026, and therefore we are notifying you of these preliminary performance information as detailed below.
Please note that the preliminary values do not take into account the impact on the consolidated financial statements of the additional investigation currently ongoing regarding trade transaction issues and tariff issues at our consolidated subsidiaries.
We are currently conducting additional investigations, and...
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08.07.25 - 08:51
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Nidec Completes Acquisition of Chinese Scroll Compressor Manufacturer Xecom (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has acquired full ownership of Changzhou Xecom Energy Technologies Co., Ltd., a privately owned Chinese company (''Xecom”), through the Company's subsidiary, Nidec Appliance Controls (Qingdao) Co., Ltd , on July 8, 2025 (the “Transaction”) . As a result of the Transaction, Xecom became a consolidated subsidiary of Nidec, as outlined below:
From the effective day, Xecom is renamed Nidec Scroll Technology (Changzhou) Co., Ltd.
1. Outline of the Company to be acquired
New Company Name
Nidec Scroll Technology (Changzhou) Co., Ltd. (Former Changzhou Xecom Energy Technologies Co., Ltd.)
Address
Floor 1, Building No. 2, No. 1 Xinsi Road, Xinbei District, Changzhou City, Jiangsu Province, China
Foundation
2021
New Director Chairman
Alberto Casnati
Principal Businesses
Design and production of high performance Scroll Compressors for Air Conditioning, Heat Pump and Ref...
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27.06.25 - 11:15
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Nidec Announces Approval of Deadline Extension for Submission of the Securities Report for the Fiscal Year Ended March 31, 2025 (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--As announced in "Notice concerning submission of an application for approval of deadline extension for securities report for the 52nd fiscal year" dated June 27, 2025, Nidec Corporation (the "Company") had applied for the deadline extension of submission for its securities report under Article 15-2, Paragraph (1) of the Cabinet Office Ordinance on Disclosure of Corporate Affairs, and hereby announces that it has today received the approval of deadline extension for submission of the securities report under Article 15-2, Paragraph (3) prescribed by the said Cabinet Office Ordinance.
Securities reports covered
The 52nd Fiscal Year Securities Report (From April 1, 2024 to March 31, 2025)
Deadline for filing before extension
June 30, 2025
Deadline for filing if extension is approved
September 26, 2025
Future outlook
The Company plans to complete the submission of the 52nd fiscal year securities report following the audits of the securities report by the accou...
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26.06.25 - 10:33
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Nidec announces its board of directors′ resolution of application for approval of deadline extension for submission of securities report for 52nd fiscal year (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--As announced in "Change in the scheduled submission date for the securities report" dated June 18, 2025, Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") is proceeding with further internal investigations and considerations regarding trade transactions and customs issues of NIDEC FIR INTERNATIONAL S.R.L. (Located in Italy; hereinafter "FIR"), one of the consolidated subsidiary of the Company and under Appliance, Commercial and Industrial Motors Business Unit of Appliance and Automotive Division.
In relation to this tariff issue, the Company hereby announces that the Company has decided to submit an application to the Kanto Local Finance Bureau for approval of a deadline extension regarding the submission of the securities report as prescribed in Article 15-2, Paragraph 1 of the Cabinet Office Ordinance on Disclosure of Corporate Affairs.
The Company would like to offer its deepest apologies to the shareholders, investors, and all other parties concerned for the...
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21.06.25 - 03:06
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Nidec′s Takisawa taps China′s robot boom with precision tool push (Digitimes)
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Takisawa Machine Tool, a subsidiary of Japan's Nidec Corp., is leveraging its parent company's extensive sales networks and industrial connections to expand its presence in China's rapidly developing automation and humanoid robotics market. The move is designed to boost sales of Takisawa's high-precision lathes and machining tools in a competitive landscape dominated by both Japanese and Chinese firms....
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02.06.25 - 08:45
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Nidec Announces the Status of Own 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.
Details of Share Repurchase
Period of own share repurchase: From May 28, 2025 through May 31, 2025
Class of shares: Common stock
Number of own shares repurchased: 0 shares
Total repurchase amount: 0 yen
Note: The above repurchase information has been prepared on the basis of trade date.
Reference
A) Details of the share repurchase plan authorized by the Board of Directors on May 27, 2025:
Class of shares: Common stock
Total number of shares that may be repurchased: Up to 13,000,000 shares
(1.13% of total number of s...
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29.05.25 - 13:33
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Nidec Announces in Relation to Disclosure Information Regarding Consolidated Financial Statements (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation hereby announces that at the Board of Directors meeting held today, it was resolved to post the contents of the attachment on its Internet website (address: https://www.nidec.com/en/ir/event/meeting/).
The audits of overseas subsidiaries are taking time, and we have not yet received the accounting auditor's report on the consolidated financial statements.
The accounting auditor's report on the consolidated financial statements is currently being prepared in time for the 52nd Annual General Meeting of Shareholders, scheduled to be held on June 20, 2025, but is yet to be determined. We will notify you as soon as we receive it.
(Attachment)
To our shareholders
Disclosure information regarding consolidated financial statements
We would like to express our sincere gratitude to our shareholders for their ongoing support and encouragement.
Our 52nd business report, financial statements, and consolidated financial statements have already been submitted to the Aud...
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