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Yahoo
27-05-2025
- Business
- Yahoo
Nidec Announces Annual Dividend Payout from Retained Earnings
KYOTO, Japan, May 27, 2025--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594; OTC US:NJDCY) (the "Company") today announced that the Company resolved at a meeting of its Board of Directors held on May 27, 2025 to distribute retained earnings (date of record: March 31, 2025) in the form of an annual dividend as outlined below: 1. Annual Dividend Payout from Retained Earnings Determined amount Previous annual dividends forecast (Announced on April 24, 2025) (Reference) Annual dividends for the fiscal year ended March 31, 2024 Record date March 31, 2025 March 31, 2025 March 31, 2024 Dividend per share 20 yen 20 yen 20 yen(*1) Total dividend amount 22,960 million yen - 23,003 million yen Effective date June 2, 2025 - June 3, 2024 Dividend resource Retained earnings - Retained earnings (*1) The Company implemented a two-for-one common stock split, effective October 1, 2024. Dividends per share was calculated on the assumption that the relevant stock split had been implemented at the beginning of the year ended March 31, 2024. 2. ReasonRegarding shareholder returns, our policy is to maintain stable and continuous dividends while aiming for a total payout ratio of 50%, including share repurchase, in addition to increasing our share price through business expansion and improving profitability in growth fields. Based on this dividend policy and in comprehensive consideration of its financial position, profit levels and dividend payout ratio, the Company has decided to reward its shareholders with a year-end dividend of 20 yen per share. This translates into an annual dividend of 40 yen per share together with the interim dividend of 20 yen per share for the year ended March 31, 2025. (Reference) Dividend per share Record Date Interim Year-end Total Annual dividends per share for the year ended March 31, 2025 20 yen(*2) 20 yen 40 yen (Reference)Annual dividends per share for the year ended March 31, 2024 17.5 yen(*2) 20 yen(*2) 37.5 yen(*2) (*2) Dividends per share were calculated on the assumption that the relevant stock split had been implemented at the beginning of each period. View source version on Contacts Teruaki UragoGeneral ManagerInvestor Relations+81-75-935-6140ir@ Sign in to access your portfolio
Yahoo
24-04-2025
- Business
- Yahoo
Nidec Announces Financial Results for the Fiscal Year Ended March 31, 2025
KYOTO, Japan, April 24, 2025--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards ("IFRS") for the fiscal year ended March 31, 2025. The highlights are as follows: Record-high full-year financial results(Full-year consolidated net sales, operating profit, profit before income taxes and profit attributable to owners of the parent stood at record highs.) Q4 net sales and operating profit marked record-highs on a quarterly basis Cash flow remained at record-high level Selected Consolidated Results of Operations (Unaudited) (IFRS-Based) Yen in millions, except for per share amounts and percentages Year ended March 31, Increase(Decrease)% Three months ended March 31, Increase(Decrease)% 2025 2024 2025 2024 Net sales 2,607,094 2,347,159 11.1% 661,130 602,086 9.8% Operating profit 240,200 161,856 48.4% 65,447 (5,248) - Ratio of operating profit to net sales 9.2% 6.9% - 9.9% (0.9%) - Profit before income taxes 236,528 201,669 17.3% 54,779 10,142 440.1% Ratio of profit before income taxes to net sales 9.1% 8.6% - 8.3% 1.7% - Profit attributable to owners of the parent 167,688 124,455 34.7% 33,363 (19,782) - Ratio of profit attributable to owners of the parent to net sales 6.4% 5.3% - 5.0% (3.3%) - Earnings per share attributable to owners of the parent- basic (Yen) 145.95 108.30 - 29.06 (17.21) - Earnings per share attributable to owners of the parent- diluted (Yen) - - - - - - Full copy of Nidec's financial statements for the year ended March 31, 2025: A webcast discussing Nidec's financial results for the year ended March 31, 2025 is scheduled for 5:00 p.m. JST on Thursday, April 24, 2025. To listen to the webcast (audio-only), which will be available on April 25, 2025, JST, please visit Nidec website at: About Nidec CorporationNidec Corporation (TOKYO: 6594) (OTC US: NJDCY) is a global leader in electric motor drive technology. For the year ended March 31, 2025, 18.7% of its consolidated sales were represented by small precision motors; 25.5% by automotive products; 40.3% by appliance, commercial and industrial products; 12.1% by machinery; 3.2% by electronic and optical components, and 0.1% by the remaining products lines. Nidec was founded in Kyoto, Japan in 1973 by Shigenobu Nagamori, its current Founder and Chairman of the Board. View source version on Contacts Teruaki UragoGeneral ManagerInvestor Relations+81-75-935-6140ir@ Sign in to access your portfolio
Yahoo
19-03-2025
- Business
- Yahoo
Nidec Announces Its Submissions of Answers to the Third Questionnaire from Makino Milling Machine Co., Ltd. (Securities Code: 6135)
KYOTO, Japan, March 19, 2025--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594) (OTC US: NJDCY) ("Nidec" or the "Company") announced that it submitted answers to Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange Inc.'s Prime Market) (the "Target Company") in response to the third questionnaire, a document dated March 11, 2025 that Nidec received from the Target Company. As explained in the press release, "Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135)," dated December 27, 2024, Nidec, as part of a series of transactions (the "Transaction") for the purpose of making Makino Milling Machine Co., Ltd. a wholly owned subsidiary of the Company, decided to acquire the shares of common stock of the Target Company through a tender offer, and on the same day submitted to it a letter of intent regarding the Transaction. The Company intends to continue to provide the Target Company with information that it needs to disclose its opinions regarding the Transaction, in a sincere, timely, and appropriate manner. The answers to the questionnaire: View source version on Contacts Teruaki UragoGeneral ManagerInvestor Relations+81-75-935-6140ir@
