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Nidec Finalizes Asset Details for Mobility Unit Demerger
Nidec Corporation Announces Strategic Absorption of Subsidiary's Inverter Business
At the 69th Kyoto Prefectural Invention and Innovation Award Ceremony, Nidec Corporation Sponsored ADR received the "Excellence Award".
Company name: Nidec Corporation Sponsored ADR, Representative's name: President and Company Executive Mitsuya Kishida, Exchange: Tokyo Stock Exchange Main Board (6594), Location: 338 Kuze Donjo-cho, Minami-ku, Kyoto City, Contact: Corporate Communication Department Manager Keita Watanabe, Phone: (075) 935-6150. At the "69th Kyoto Prefectural Invention and Innovation Award" hosted by Kyoto Prefecture, the invention of hard disk drive motors for datacenters by Nidec Corporation (Patent No. 5838734) received the "Excellence Award."
(Addition of disclosure items) Announcements of individual stocks regarding the absorption-type company split (simplified absorption-type split).
Company Name: Nidec Corporation Sponsored ADR; Representative Name: Company Executive President Mitsuya Kishida; Exchange: Tokyo Stock Exchange Main Board (6594); Location: 338 Kuze Domejo-cho, Minami-ku, Kyoto; Contact: Director of Corporate Communications Keita Watanabe; Phone: (075) 935-6150. Nidec Corporation (hereinafter referred to as "the Company") will hold a board of directors meeting on March 8, 2025, to set May 1, 2025, as the effective date for its wholly-owned subsidiary, Nidec Mobility Corporation.
Spot information for individual stocks (1)
Nidec Corporation Sponsored ADR <6594.T> experiences a significant rise. The consolidated operating profit Financial Estimates for the fiscal year ending March 2026 is expected to be 260 billion yen (an 8% increase compared to the previous period). Kokopelli <4167.T> surges sharply. A press conference was held for the Overseas Business Matching Platform "BIG ADVANCE GLOBAL." Toredowax <3997.T> rebounds after three days. It has been reported that the company's subsidiary developed an investment advice system utilizing Artificial Intelligence (AI) for individual investors. NINTENDO CO LTD <7974.T> for three days.
Nidec Corporation Sponsored ADR and others continue to rank, with a forecast of increased profits this period providing reassurance.
Nidec Corporation Sponsored ADR (6594) has made the ranking (as of 1:32 PM). There has been a significant continuation of the rise. The previous day, it announced its financial results for the fiscal year ending March 2025, with an operating profit of 240.2 billion yen, representing a 48.4% increase compared to the previous year, slightly exceeding market Financial Estimates. Additionally, for the fiscal year ending March 2026, the estimate is 260 billion yen, an 8.2% increase, although the consensus of 265 billion yen is slightly lower. However, concerns about the impact of Trump tariffs are increasing, and there seems to be a sense of reassurance surrounding the profit increase plans. Volume change rate ranking [April 25]
