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    6594   JP3734800000

NIDEC CORPORATION

(6594)
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Nidec : Notice Regarding Nidec Corporation's Board Resolution on Selection for TSE's New “Prime Market” Segment

10/03/2021 | 07:56pm EST

FOR IMMEDIATE RELEASE

Nidec Corporation

Tokyo Stock Exchange code: 6594

Contact:

Masahiro Nagayasu General Manager Investor Relations +81-75-935-6140 ir@nidec.com

Released on October 4, 2021, in Kyoto, Japan

Notice Regarding Nidec Corporation's Board Resolution on Selection for TSE's New "Prime Market" Segment

On July 9, 2021, Nidec Corporation (the "Company") received an initial assessment result from the Tokyo Stock Exchange (TSE) regarding the listing criteria for the bourse's new market segments, which confirmed that the Company fulfilled the requirements for listing on the bourse's main Prime Market board.

Based on these results, the Company's board of directors resolved at its meeting held on October 3, 2021 to select to list on the Prime Market as the TSE transitions to three new market segments with tighter listing criteria, and to submit the relevant applications.

Going forward, the Company will adhere to the prescribed procedures stipulated in the TSE application schedule.

-###-

NIDEC CORPORATION

CORPORATE OFFICE: 338 KUZETONOSHIRO-CHO,MINAMI-KU, KYOTO 601-8205 JAPAN

PHONE: KYOTO +81-75-935-6140 FAX: +81-75-935-6141

URL: https://www.nidec.com/en/

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Disclaimer

Nidec Corporation published this content on 04 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 October 2021 23:55:36 UTC.


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Sales 2022 1 830 B 16 138 M 16 138 M
Net income 2022 150 B 1 320 M 1 320 M
Net Debt 2022 301 B 2 652 M 2 652 M
P/E ratio 2022 50,8x
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EV / Sales 2022 4,32x
EV / Sales 2023 3,94x
Nbr of Employees 112 551
Free-Float 84,5%
Chart NIDEC CORPORATION
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Nidec Corporation Technical Analysis Chart | 6594 | JP3734800000 | MarketScreener
Technical analysis trends NIDEC CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 19
Last Close Price 13 000,00 JPY
Average target price 15 011,11 JPY
Spread / Average Target 15,5%
EPS Revisions
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Shigenobu Nagamori Chairman & Chief Executive Officer
Jun Seki Executive President, COO & Representative Director
Hidetoshi Yokota CFO, Head-Investor Relations & Information Systems
Maki Okajima Chief Information Officer & Executive Officer
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