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OTCMKTS:NJDCY

Nidec 7/23/2024 Earnings Report

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$4.00 -0.09 (-2.20%)
As of 03:58 PM Eastern

Nidec EPS Results

Actual EPS
$0.16
Consensus EPS
$0.13
Beat/Miss
Beat by +$0.03
One Year Ago EPS
N/A

Nidec Revenue Results

Actual Revenue
$4.16 billion
Expected Revenue
$4.01 billion
Beat/Miss
Beat by +$147.55 million
YoY Revenue Growth
N/A

Nidec Announcement Details

Quarter
Time
Before Market Opens
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Nidec Earnings Headlines

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About Nidec

Nidec (OTCMKTS:NJDCY) Corporation is a global manufacturer of electric motors and related systems, supplying components and finished products for a wide range of industries. The company is best known for its precision small motors used in computer hard-disk drives and other compact applications, and it has broadened its product portfolio to include motors, drives, controllers and mechatronic systems for consumer appliances, office automation, industrial equipment and automotive applications.

Its product range encompasses brushless DC motors, induction motors, servo systems, power electronics and complete motor-driven systems designed for energy efficiency and high performance. Nidec serves original equipment manufacturers and industrial customers with components and integrated solutions for household appliances, HVAC, robotics, factory automation, and vehicle electrification, including traction and auxiliary motors for automotive applications.

Founded in 1973 by Shigenobu Nagamori in Japan, Nidec grew from a niche supplier of precision motors into a diversified multinational through product development and strategic expansion. The company operates manufacturing and R&D facilities across Asia, Europe and the Americas and has developed a global supply and service footprint to support international customers and programs.

Nidec emphasizes engineering and innovation in motor design, control systems and manufacturing processes to address efficiency, reliability and electrification trends across end markets. The company’s shares are available to international investors, including as an over-the-counter listing under the symbol NJDCY.

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