FAQs about IR
Questions About Nidec’s History
Q. When was the company established?
July 23, 1973.
Q. When was the company's stock first listed on a domestic stock exchange?
The company went public when its stock was listed on the Second Section of the Osaka Stock Exchange and Kyoto Stock Exchange in November 1988. The first quotation was 5,150 yen. In September 1998 the company's stock was listed on the First Section of the Tokyo Stock Exchange, and stock on the Osaka Stock Exchange was promoted to the First Section. Currently, the company's stock is listed on the First Section of the Tokyo Stock Exchange with a securities code 6594.
Q. When was the company's stock first listed on a foreign stock exchange?
Our American Depositary Shares were listed on the New York Stock Exchange (NYSE) with a ticker symbol NJ in September 2001. We delisted our ADSs from the NYSE in May 2016. Since then, our ADSs are traded on the over-the-counter market with a ticker symbol NJDCY.
Questions about Nidec Stocks
Q. On which exchange is your stock listed?
Our stock is listed on the first section of the Tokyo Stock Exchange.
Q. What is the securities code? And what is the ticker symbol for identifying ADR?
Tokyo Stock Exchange code is 6594, and the ticker symbol for identifying our ADR is NJDCY.
Q. What is your current stock price?
Please see our stock quotes(reuters).
Q. How many shares are in one trading unit of your stock?
Q. Please tell me about the aggregate number of issued shares and large shareholders.
The information is listed in the Stock and Bond Information page.
Q. What is your total number of issued shares? Also, how many of your shares are held by financial institutions and foreign shareholders, and how many treasury shares are you holding?
We have issued a total of 596,284,468 shares (as of the end of September 2020.) Please see our shareholder breakdown on the Stock and Bond Information page to see how many of our shares are held by financial institutions and foreign investors, and the number of treasury shares we hold.
Q. Who do I contact for stock-related administrative procedures such as transferring ownership of shares, and changing shareholder information (name, address, etc.)?
If you are a shareholder with an account at a securities brokerage firm, please contact that firm. If you are a shareholder and your account is not with a securities brokerage firm, please contact Sumitomo Mitsui Trust Bank, Limited., our shareholder registry administrator and account management institution for special accounts (telephone inquiries: 0120-782-031).
Questions about General Shareholders’ Meetings
Q. When will the next general shareholders' meeting be held?
The regular general shareholders' meeting is held in late June every year.
Q. Where are the general shareholders’ meetings held?
The general shareholders’ meetings are held in Kyoto, where our head office is also located. Details are provided along with the notices of convocation.
Q. What should I do to exercise my voting rights at general shareholders’ meetings?
Voting rights may be exercised in the following three ways. 1. Attend the general shareholders’ meetings (submit the voting form that came with your notice of convocation at the venue’s reception). 2. Send in your voting form by post. 3. Exercise your voting rights through the Internet.
Q. Are people other than shareholders allowed to attend general shareholders’ meetings? Also, are representatives allowed to attend in a shareholder’s place?
The articles of incorporation prohibit anyone other than shareholders from attending. Representatives are also prohibited from attending, unless they are shareholders themselves.
Questions about Dividends and Shareholder Benefits
Q. When is the record date for dividends and shareholder benefits?
Dividends are paid to shareholders whose names are in the shareholder registry as of the end of March each year. Shareholder benefits vouchers are also presented to shareholders whose names are in the shareholder registry as of the end of March each year.
Q. How much is your dividend?
For data on past dividends (dividend per share), please see “Annual Dividends Per Share” on our Stock and Bond Information page.
Questions about Accounting and Financial Information
Q. What is Nidec's fiscal term?
Nidec's fiscal term closes at the end of March each year. The company's consolidated results are announced quarterly according to IFRS. Each account closing announcement date is provided in the IR Schedules once it is decided.
Q. When will your next financial results announcement be made?
The schedule of the earnings announcement date is listed in the IR Schedules page.
Q. Who is your auditing firm?
It is PricewaterhouseCoopers Kyoto.
Q. How can I get the latest financial results briefing materials?
You can download all the latest IR materials from the IR Library. The latest financial results briefing materials, briefing materials for individual investors, annual securities reports and quarterly reports, and shareholder communications are posted in the IR Library. IR briefing audio webcasts featuring audio recordings from the recent financial results briefings are also posted along with the briefing materials.
Q. How can I find information about your business performance?
Easy-to-follow explanations are provided in “Nidec Expressed in Figures” and “Latest IR Materials”. Financial results briefing materials, briefing materials for individual investors, annual securities reports and quarterly reports, and shareholder communications are also available.
Q. How can I obtain past financial results briefing materials?
Please see results summary and financial results briefing materials, as well as past results summaries and financial results briefing materials in the IR Library.
Q. How can I obtain a securities report?
Please see annual securities reports and quarterly reports in the IR Library. The securities report can also be viewed on the Electronic Disclosure for Investors’ NETwork (EDINET) electronic disclosure system provided as part of the administrative services of the Financial Services Agency (FSA). Annual securities reports and quarterly reports in the IR Library also have links to EDINET.
Q. Who are the analysts in charge of Nidec?
Please see the “List of Analysts” on our Stock and Bond Information page.
Questions about Management and Market Trends
Q. What is your medium- to long-term business plan?
Please see our medium- to long-term growth strategy in management information. You will find information there about the medium-term strategic targets and growth strategies for each business area that were announced in April 2015, as well as an explanation of our M&A activities.
Q. Please describe your business.
Please see “Business Summary” in “Management Information.” Information is presented along with sales and operating profit graphs for major products in each product group.
Q. What is your main business?
We mainly produce automotive products, as well as appliance, commercial, and industrial products. We are aiming for sales of 600 billion yen in FY2020 in the automotive field, our main area of growth. The Nidec Group offers motors for automotive use, including electric power steering motors which enjoy the world’s largest market share, as well as other products such as in-car cameras, control valves, and electric oil pumps. Traction motors power the “drive” function, one of the three fundamental automotive operations (“drive, turn, and stop”), so we expect they will also become drivers of our future growth. Combining these with Nidec Elesys’s ECUs makes individual components function as sub-systems, and allows us to provide high-value-added modules. Integrating motors, ECUs, sensors, and other components, and thereby controlling electronically various functions of automobiles enables us to offer enhanced vehicle safety features such as safe driving, collision mitigation, damage minimization and autonomous driving, among others. Moreover, it also improves fuel efficiency, and reduces CO2 emissions. Going forward, we aim to supply the automobile industry with automotive electronic components and sub-systems built upon our proven motors, ECUs and advanced sensors and to contribute to making safer, more environmentally conscious and comfortable automobiles. As for appliance, commercial and industrial products, we are pursuing synergy effects and seeking to improve profitability as we aim for 600 billion yen in sales during FY2020. Products spearheading the growth initiative include motors for washing machines, dehydrators and dishwashers in the appliance sector, air conditioners in the commercial sector, and agricultural equipment, oil/gas refining, mining, water treatment, steel production, marine transportation and power generation in the industrial sector. We will strive for further growth in these businesses, with the rising awareness of energy conservation and accompanying regulatory developments as a constant tailwind.
Q. Please describe your past M&A activities.
To date, we have acquired 66 companies through M&As (as of December 2019). For an outline of major M&As and a list of the 66 companies, please see "M&A History" in "About Nidec Corporation." For a graph showing increases in our sales due to M&As in the past 10 years, please see "Medium- to Long-Term Targets" in "to Management Information."
Q. What are Nidec’s environmental and social activities?
We aim to achieve sustainable business growth while seeking harmony with our stakeholders, the environment, and society. Please see the information on our CSR-related pages to learn about our basic approach to CSR and our contributions to a sustainable society.
Q. What corporate governance efforts are you engaged in?
Our basic policy is to work toward strengthening our management and managerial system based on our "Mission Statement," the "Three Principles of Nidec’s Operations," and our corporate slogan—“high growth, high profit, high share price.” Please see G/Governance on our CSR information page for details about our efforts in corporate governance, internal control, corporate ethics, and risk management.
Inquiry by e-mail
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