Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Nidec ( (JP:6594) ) has shared an announcement.
Nidec Corporation has announced that it received a disclaimer of opinion on its consolidated financial statements and internal control audit report for the fiscal year ended March 31, 2025. The disclaimer arises from ongoing investigations into suspected inappropriate accounting practices, which could significantly impact the company’s financial statements. The investigations are being conducted by a Third-Party Committee and internal teams, and their findings may have material implications for Nidec’s financial reporting and stakeholder trust.
The most recent analyst rating on (JP:6594) stock is a Buy with a Yen3300.00 price target. To see the full list of analyst forecasts on Nidec stock, see the JP:6594 Stock Forecast page.
More about Nidec
Nidec Corporation operates in the electric motor industry, providing a range of motor products and services. The company is known for its precision small motors, automotive motors, and appliance motors, with a focus on innovation and expanding its market presence globally.
Average Trading Volume: 7,383,203
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen3121.8B
For an in-depth examination of 6594 stock, go to TipRanks’ Overview page.