Japanese electric motor manufacturer and distributor Nidec Motor Co. plans to spend more than $19 million on a 61,000-square-foot expansion to its Mena facility, the company said Wednesday. The ...

NJDCY's Q2 FY 2024 operating earnings beat expectations driven by margin expansion, and the company is on track to meet its full-year operating income guidance implying +47% growth. Nidec ...

Japanese electric motor company Nidec Corp Chief Operating Officer Jun Seki intends to step down from the position and leave the company, the Nikkei newspaper reported on Thursday. TOKYO, Aug 25 ...

We hereby announce that on March 27, 2026, we received a written request from an individual shareholder of the Company requesting an action be brought to pursue liability and other remedies pursuant ...

Nidec Corporation (the "Company"), as part of its efforts to strengthen corporate governance based on the report of the Third-Party Committee published on March 3 as well as the Improvement Plan and ...

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire the share of ...

Mitsuya Kishida has recently assumed the CEO role, and there are positive expectations that Nidec Corporation's EV traction motors business will achieve a successful turnaround under his charge.

KYOTO, Japan, January 28, 2026--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) ("Nidec," the "Company," or "we") today announced the launch of the Culture Transformation Lab (the "Lab ...

KYOTO, Japan--(BUSINESS WIRE)--Japan’s Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) and Brazil’s Embraer (B3: EMBR3, NYSE: ERJ) welcome the unconditional approval from all necessary regulatory ...

Although Nidec’s 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 motor ...

Nidec Corp., the world’s top supplier of motors for everything from hard drives to power plants, is betting it can make a key component for Tesla Inc.’s electric vehicles cheaper and better than ...

4. Synergies with our group Through our Press Machine Business companies, we have expanded our press machine manufacturing, sales, and service business globally, as well as increased our lineup of ...