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Nidec Corp (6594.T)

6594.T on Tokyo Stock Exchange

16,405JPY
9:24pm EST
Change (% chg)

¥150 (+0.92%)
Prev Close
¥16,255
Open
¥16,295
Day's High
¥16,420
Day's Low
¥16,205
Volume
369,800
Avg. Vol
1,139,459
52-wk High
¥18,525
52-wk Low
¥9,713

Latest Key Developments (Source: Significant Developments)

Nidec says change of president
Thursday, 15 Feb 2018 03:08am EST 

Feb 15 (Reuters) - Nidec Corp <6594.T>:Says it appoints Hiroyuki Yoshimoto as new president, effective June 20 .  Full Article

Nidec and Groupe PSA to sign joint venture agreement for automotive electric traction motor
Monday, 4 Dec 2017 04:41am EST 

Dec 4 (Reuters) - Nidec Corp <6594.T>:Says it and Groupe PSA, through Nidec Leroy-Somer Holding, intend to set up a joint venture, dedicated to the design, development, manufacture and sale of electric traction motors, during the period of March to April 2018 .Initial share capitals of the JV is 15 million euros .Nidec Leroy-Somer Holding will hold 50 percent stake in the JV after transaction .  Full Article

Nidec acquires driveXpert GmbH via unit
Thursday, 30 Nov 2017 09:29pm EST 

Dec 1 (Reuters) - Nidec Corp <6594.T>:Says co acquired 100 percent stake in driveXpert GmbH via co's unit NIDEC MOTORS & ACTUATORS (GERMANY) GmbH on Nov. 30.Says driveXpert is mainly engaged in development and design of ECU (engine control unit) hardware and software for automotive .  Full Article

Nidec unit fully acquires SV Probe Pte. Ltd.
Tuesday, 31 Oct 2017 05:55am EDT 

Oct 31 (Reuters) - Nidec Corp <6594.T>:Says unit NIDEC-READ CORPORATION fully acquires SV Probe Pte. Ltd. on Oct. 31.Says SV Probe Pte. Ltd. is mainly engaged in production and sales of probe card.  Full Article

Taiwan Kong King signs sales agent contract with Nidec-Read
Thursday, 19 Oct 2017 06:01am EDT 

Oct 19(Reuters) - Taiwan Kong King Co Ltd <3093.TWO> ::Says it signs sales agent contract with Nidec-Read Corp to develop PCB automation product line .  Full Article

R&I affirms Nidec's rating at "A+" and announces positive outlook -R&I
Friday, 29 Sep 2017 06:13am EDT 

Sept 29(Reuters) - Nidec Corp <6594.T>:Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" -R&I.Rating outlook changes to positive from stable -R&I.  Full Article

Nicec Sankyo to succeed the business of Tokyo Maruzen Industry
Wednesday, 9 Aug 2017 02:30am EDT 

Aug 9 (Reuters) - Nidec Corp <6594.T>:Resolved at meeting of board to make nidec sankyo, succeed business of tokyo maruzen industry co by way of absorption type co split.Both cos entered into agreement under which nidec sankyo will form a new company to succeed splitting company's business.Nidec Sankyo, splitting Co entered agreement for transferring entire business, of splitting co in response to surge in demand for electric contacts.  Full Article

Aurelius closes sale of compressor manufacturer SECOP to Nidec-Group
Tuesday, 1 Aug 2017 01:00am EDT 

Aug 1 (Reuters) - AURELIUS EQUITY OPPORTUNITIES SE & CO KGAA ::DGAP-NEWS: AURELIUS SUCCESSFULLY CLOSES SALE OF COMPRESSOR MANUFACTURER SECOP TO THE NIDEC-GROUP.‍TRANSACTION TO HAVE POSITIVE EFFECT OF APPROX. EUR 100 MILLION ON AURELIUS' 2017 EBITDA FOR COMBINED GROUP IN Q3 OF 2017​.‍NOW EXPECTS THAT EBITDA OF OVERALL GROUP IN FULL YEAR 2107 WILL RISE TO MORE THAN EUR 650 MILLION​.  Full Article

Nidec acquires Secop Holding GmbH, Secop s.r.o., Secop Compressors (Tianjin) and Secop
Monday, 31 Jul 2017 10:26pm EDT 

Aug 1 (Reuters) - Nidec Corp <6594.T>:* Says it acquired four firm, SecopHolding GmbH, Secop s.r.o., SecopCompressors (Tianjin) Co. Ltd. and Secop Inc. from Secop Beteilligungs GmbH on Aug. 1 .  Full Article

Nidec acquires Italy-based LGB Elettropompe S.r.l.
Tuesday, 4 Jul 2017 02:44am EDT 

July 4 (Reuters) - Nidec Corp <6594.T>:* Says it acquired all shares of Italy-based LGB Elettropompe S.r.l. on July 3.* Other details not disclosed .  Full Article

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Peugeot teams up with Nidec to produce electric vehicle motors in France

PARIS Peugeot carmaker PSA Group is to bring the development and production of its electric motors back to France after creating a joint venture with Japan's Nidec Corp that will initially invest 200 million euros ($237 million).