Nidec Corporation
6594.T · JPX
Company research
Nidec Corporation (TSE: 6594) is a Kyoto, Japan-based global leader in the development, manufacturing, and sale of electric motors, electronic and optical components, and related products, founded in 1973 and now employing over 100,000 people worldwide. The company's extensive product portfolio spans precision micro-motors for hard disk drives and mobile devices to medium and large industrial motors, as well as automotive components, mechanical equipment, inspection and measuring tools, and electronic devices. Nidec's solutions power a broad spectrum of applications including robotics, IoT, electric vehicles, home appliances, industrial machinery, AI infrastructure, and medical equipment, with operations spanning Japan and key international markets. Under the leadership of President and CEO Mitsuya Kishida, Nidec continues to expand into high-growth areas such as water-cooling modules for AI data centers and electric vehicle traction motors, reinforcing its position as one of the world's foremost motor manufacturers with a market capitalization of approximately ¥3.05 trillion.
Research reports
Reviews Nidec’s April 2026 earnings, noting solid revenue and profit trends, strong technical indicators, and a B+ Meyka grade that underpins a constructive medium-term buy thesis, while highlighting volatility around EV-drive motors and the need to monitor margins and order momentum.
Yahoo Finance (analysis Article) · April 19, 2026Assessing Nidec (TSE:6594) Valuation After Governance Reforms And Accounting Probe FindingsArgues Nidec is modestly undervalued versus an estimated fair value, emphasizing structural cost-cut plans and governance reforms following a completed accounting probe, but also flags weak five-year shareholder returns and execution risk around large-scale restructuring.
Meyka · April 15, 2026Nidec Corporation 6594.T Surges 4% on Strong Earnings MomentumDiscusses a 4% share price move around an earnings announcement, framing Nidec as benefiting from strong momentum in industrial machinery and setting a price target around ¥2,306, while noting that continued strength depends on sustaining earnings growth and favorable technical signals.
Meyka · April 13, 2026Nidec Corporation 6594.T Falls 3.5% on April 14 as Earnings LoomAnalyzes a 3.5% pre-earnings share price drop, citing mixed technical indicators and upcoming results as catalysts, and frames near-term risk around potential disappointments in margins or guidance despite a generally constructive longer-term AI-based rating.
Meyka · February 18, 2026JPY 2370.00 6594.T Nidec Corp (JPX) intraday 19 Feb 2026: earnings preview aheadProvides an earnings preview with the stock at ¥2,370, detailing valuation metrics, a B+ Meyka AI rating and buy recommendation, and scenario-based short-term price targets, while cautioning that EV and automotive margin recovery is a key swing factor.
Yahoo Finance (analysis Article) · December 22, 2025Assessing Nidec (TSE:6594) Valuation After Founder Shigenobu Nagamori Hands Chairmanship to CEO Mitsuya KishidaExamines valuation after a major leadership transition, highlighting short-term share price gains but a still negative one-year total return, arguing the stock appears undervalued relative to a fair value estimate while warning that restructuring and accounting inquiries could undermine margin recovery.
Japan Credit Rating Agency (JCR) · November 18, 2025NIDEC Releases Semi-annual Report and Other Financial Materials for FY2025—Loss Reporting to Have Limited Impact on Finances, Third-party Committee’s Investigation Findings to Be Closely WatchedCredit-opinion note explaining that large automotive-related losses are currently absorbable given strong equity and cash positions, but emphasizing auditor disclaimers and an ongoing third-party accounting investigation that could alter loss estimates and weigh on operations, while maintaining a long-term issuer rating of AA with a stable outlook.
Investing.com (summary Of JPMorgan Research) · October 10, 2025JPMorgan downgrades Nidec stock to Underweight amid auditor concernsReports JPMorgan’s downgrade of Nidec from Neutral to Underweight with a price target cut from ¥3,900 to ¥2,400, citing the auditor’s disclaimer of opinion on FY2024 financials and uncertainty around a third-party accounting investigation despite expected earnings growth in several business segments.