Nidec Corporation (6594.T) Stock

About Nidec Corporation

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, fans and blowers, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, as well as mold, molding, cutting, and machining components. Its products are used for applications in robotics, IoT products, home appliances, automotive components, logistics/agriculture, information technology, office automation, mobile optical components, medical and health care products, housing equipment, commercial and professional products, industrial machinery, and processing/inspection equipment. The company was incorporated in 1973 and is headquartered in Kyoto, Japan.

Nidec Corporation (6594.T) stock trades at $2810.00 with a market capitalization of $3.22T. The stock is valued at a price-to-earnings (P/E) ratio of 26.83, price-to-book of 1.83, price-to-sales of 1.23. Over the past 52 weeks the stock has ranged between $1797.00 and $3296.00, and currently trades 14.7% below its 52-week high. It pays a dividend yielding 1.92%.

On profitability, Nidec Corporation generates a return on equity (ROE) of 6.31%, an operating margin of 7.15%, a net profit margin of 4.59%.

The balance sheet shows a debt-to-equity ratio of 0.40 — a conservative balance sheet with little leverage risk, a current ratio of 1.61.

6594.T has an average daily trading volume of 5,731,117 shares, 1.15B shares outstanding.

Official website: www.nidec.com