News: Nidec Corp (6594.T)

6594.T on Tokyo Stock Exchange

19 Sep 2014
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Tue, Apr 22 2014

Japan's Nidec to take full control of 2 units amid tough competition

TOKYO, April 22 - Nidec Corp, a top Japanese maker of precision motors, said on Tuesday it will take full control of two subsidiaries through share swaps in a bid to strengthen the group amid tough global competition and weak demand in its core PC, digital camera and other markets.

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