Nidec Corp.

Nidec Corporation (OTCPK:NJDCY) Q1 2024 Earnings Conference Call July 23, 2024 4:00 AM ET Company Participants Akinobu Samura - SVP and CFO Mitsuya Kishida - President and CEO Shigenobu Nagamori - Founder and Chairman of the Board Conference Call Participants Daiki Takayama - Goldman Sachs Manabu Akizuki - Nomura Securities Takayuki Naito - Citigroup Securities Unidentified Company Representative Now we would like to start the presentation on Nidec Corporation's performance for the First Quarter of Fiscal Year 2024. [Operator Instructions] Nidec Corporation's representatives to be presenting today's earnings results are as follows: Mr.» Mehr auf seekingalpha.com

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2024. The highlights are as follows: Consolidated net sales and operating profit stood at record highs under the new management. Operating profit increased due to a shift to a highly profitable business portfolio in the Small Precision Motors, and the recording of gains on.» Mehr auf businesswire.com

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that its Board of Directors has resolved to dispose treasury stock through third-party allotment (the “Disposal of Treasury Stock”) at a meeting held on July 23, 2024. 1. Outline of the Disposal of Treasury Stock    1. Date of Disposal August 7, 2024   2. Class and Total Number of Shares to be Disposed of 381,600 shares of common stock A) Board Incentive Plan Trust Account: 26.» Mehr auf businesswire.com