Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Nidec Corporation
  6. News
  7. Summary
    6594   JP3734800000

NIDEC CORPORATION

(6594)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Nidec Announces the Status of Own Share Repurchase

11/01/2021 | 01:30am EST

KYOTO, Japan, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 25, 2021, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.

Details are as follows:

Details of Share Repurchase
1. Period of own share repurchase: From October 1, 2021 through October 31, 2021
2. Class of shares: Common stock
3. Number of own shares repurchased: 805,000
4. Total repurchase amount: 9,412,126,000 yen

Note: The above repurchase information has been prepared on the basis of trade date.

Reference
A) The following details were resolved by the Company’s Board of Directors on January 25, 2021:
1. Class of shares: Common stock
2. Total number of shares that may be repurchased: Up to 4,000,000 shares 
(0.68% of total number of shares issued, excluding treasury stock)
3. Total repurchasable amount: 50 billion yen
4. Period of repurchase: From January 26, 2021 through January 25, 2022

B) Total number and yen amount of own shares repurchased from January 26, 2021 through October 31, 2021, pursuant to the Board of Directors resolution above:
1. Total number of own shares repurchased: 1,209,800
2. Total repurchase amount: 14,237,053,000 yen

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

Primary Logo

Source: Nidec Corporation

2021 GlobeNewswire, Inc., source Press Releases

All news about NIDEC CORPORATION
01/12Japanese shares track Wall Street higher on Powell's testimony
RE
01/11Japanese shares rebound after Powell testimony lifts Wall Street
RE
01/05NIDEC : Notice Regarding the Status of Own Share Repurchase
PU
01/05Nidec Announces the Status of Own Share Repurchase
AQ
01/05Tranche Update on Nidec Corporation's Equity Buyback Plan announced on January 25, 2021..
CI
2021NIDEC : Holds Groundbreaking Ceremony to Mark the Construction of New Factory in Serbia
PU
2021NIDEC : Notice Regarding the Status of Own Share Repurchase
PU
2021Nidec Announces the Status of Own Share Repurchase
AQ
2021NIDEC : Develops a Company-wide Basic Policy on Human Rights
PU
2021OKK Corporation announced that it expects to receive ?5.478950246 billion in funding fr..
CI
More news
Analyst Recommendations on NIDEC CORPORATION
More recommendations
Financials
Sales 2022 1 829 B 15 957 M 15 957 M
Net income 2022 150 B 1 310 M 1 310 M
Net Debt 2022 297 B 2 595 M 2 595 M
P/E ratio 2022 47,6x
Yield 2022 0,52%
Capitalization 7 149 B 62 793 M 62 366 M
EV / Sales 2022 4,07x
EV / Sales 2023 3,68x
Nbr of Employees 112 551
Free-Float -
Chart NIDEC CORPORATION
Duration : Period :
Nidec Corporation Technical Analysis Chart | 6594 | JP3734800000 | MarketScreener
Technical analysis trends NIDEC CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 19
Last Close Price 12 230,00 JPY
Average target price 15 150,00 JPY
Spread / Average Target 23,9%
EPS Revisions
Managers and Directors
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
Koichiro Yasunaga Chief Compliance Officer & Head-Audit
Sector and Competitors
1st jan.Capi. (M$)
NIDEC CORPORATION-9.76%62 639
KEYENCE CORPORATION-14.00%132 418
SCHNEIDER ELECTRIC SE-5.50%103 221
EATON CORPORATION PLC-1.10%68 129
EMERSON ELECTRIC CO.4.84%57 985
ROCKWELL AUTOMATION, INC.-6.82%37 710