Nidec Corp, NIB1:DUS profile

Price (EUR)4.40
Today's Change0.08 / 1.85%
Shares traded40.00
1 Year change--
Beta--

Data delayed at least 15 minutes, as of Nov 22 2024 11:30 GMT.

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About the company

Nidec Corp is engaged in the manufacture and sale of precision small motors, automotive products, home appliances, commercial and industrial products, equipment devices, and electronic and optical components. The Company operates 10 business segments. SPMS segment manufactures and sells hard disk drive (HDD) motors and other small motors. AMEC and Nidec Mobility segment manufacture and sell automotive products. MOEN, ACIM and Nidec Techno Motor segment manufacture and sell products for consumer electronics, commercial and industrial applications. Nidec Sankyo segment manufactures and sells equipment devices, automotive products, electronic components, and other small motors. Nidec Shimpo segment manufactures and sells equipment and machine tools. Nidec Read segment manufactures and sells equipment. The Others segment manufactures and sells automotive products, equipment, electronic components, and other small motors. This Company also manufactures, sells, and services presses.

Revenue in USD (TTM)16.07bn
Net income in USD615.53m
Incorporated1973
Employees101.11k

Location
Nidec Corp338, Kuze Tonoshiro-cho, Minami-kuKYOTO-SHI 601-8205JapanJPN
Phone+81 759221111
Fax+81 759356101
Websitehttps://www.nidec.com/

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Income statement (JPY)

Year on year Nidec Corp grew revenues 5.25% from 2.23tn to 2.35tn. In addition the company has reduced the cost of goods sold as a percent of sales, selling, general and administrative expenses as a percent of sales and interest paid as a percent of sales. These improvements contributed to 238.39% net income growth from 36.98bn to 125.14bn.

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