TSE:6594Electrical
Nidec (TSE:6594) Stock Could Be 5.3% Overvalued After Governance Change Proposal
Nidec (TSE:6594) drew investor attention after proposing amendments to its Articles of Incorporation, shifting certain convening and chairing authorities from the Founder and Executive Chairman to the board President ahead of the June 18 shareholder meeting.
See our latest analysis for Nidec.
These governance proposals come after a strong run in Nidec’s share price, with a 90 day share price return of 20.23% and a year to date share price return of 30.69%, even though the 1 year total...