Nidec Corporation

TSE:6594 Stock Report

Market Cap: JP¥3.0t

Nidec Dividends and Buybacks

Dividend criteria checks 0/6

Nidec does not currently pay a dividend.

Key information

0%

Dividend yield

0.3%

Buyback Yield

Total Shareholder Yield0.3%
Future Dividend Yield2.4%
Dividend Growth6.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio0%

Recent dividend and buyback updates

Recent updates

Narrative Update Jun 25

6594: Governance Reforms And Filing Delays Will Support Future Earnings Recovery

Analysts now hold Nidec at an unchanged fair value of ¥3,500, with only small tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this narrative update. What’s in the News for Nidec Nidec is considering applying for an extension of the filing deadline for its Annual Securities Report for the fiscal year ended March 31, 2026, due to ongoing investigations into improper accounting practices and potential quality issues at the company and its group companies, source: company announcement.
Analysis Article Jun 16

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...
Narrative Update Jun 11

6594: Governance Reforms And Business Reorganization Will Support Future Quality And Earnings Recovery

Analysts have kept their Nidec price target unchanged at ¥3,500, pointing to revised assumptions for revenue growth, profit margins and future P/E as the main drivers behind the refreshed model, rather than a shift in headline valuation. What's in the News Nidec has postponed disclosure of its financial results for the fiscal year ended March 31, 2026.
Narrative Update May 28

6594: Accounting And Governance Probes Will Weigh On Earnings Quality

Analysts now keep their fair value estimate for Nidec steady at ¥1,800, citing slightly higher revenue growth and profit margin assumptions, along with a lower future P/E, even as they apply a somewhat higher discount rate to their valuation work. What's in the News Nidec postponed the disclosure of financial results for the fiscal year ended March 31, 2026, as it works on corrections to prior year financial statements following a third party committee investigation into inappropriate accounting treatment, with a new disclosure date yet to be set (Delayed Earnings Announcements).
Narrative Update May 02

6594: Governance Reforms And Business Reorganization Will Ultimately Unlock Upside Potential

Analysts have trimmed their Nidec price target from ¥3,700 to ¥3,500, pointing to a slightly higher discount rate and modestly lower future P/E expectations, even as revenue growth and profit margin assumptions remain relatively steady. What's in the News Nidec plans to postpone the disclosure of financial results for the fiscal year ended March 31, 2026, while it works on corrections to financial statements for the fiscal year ended March 31, 2022 and subsequent years, following a third party investigation into inappropriate accounting treatment.
Narrative Update Apr 18

6594: R&D Reorganization And Governance Reset Will Support Future Upside

Analysts have trimmed their price target on Nidec from ¥2,995 to ¥2,596, with the change tied to updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Nidec plans to dissolve the Kyoto Development Center on April 1, 2026, with several development and production engineering departments moving directly under the Business Unit, and the Purchasing Department and Sales Administration Department set to be dissolved (company announcement).
Narrative Update Apr 04

6594: Governance Investigation Resolution Will Ultimately Unlock Upside Potential

Analysts have trimmed their 12 month price target for Nidec from ¥3,800 to ¥3,700, citing slightly lower profit margin assumptions and a higher future P/E estimate as key drivers of the revision. What's in the News Nidec scheduled a board meeting for March 13, 2026 to establish an Executive Responsibility Investigation Committee, focusing on accountability following recent findings from an external review (Key Developments).
Narrative Update Mar 20

6594: Future Governance Cleanup And R&D Reorganization Will Unlock Upside Potential

Analysts have reduced their price target for Nidec from ¥4,100 to ¥3,800. This reflects an updated view that combines a slightly higher assumed discount rate with marginally stronger projections for revenue growth, profit margin, and future P/E.
Narrative Update Mar 06

6594: Dividend Suspension And Accounting Probe Will Pressure Future Earnings Quality

Analysts have kept their Nidec price target broadly steady at around ¥1,800, citing small refinements to the discount rate, revenue growth, profit margin and forward P/E assumptions rather than any major shift in their view. What's in the News Nidec held a press conference classified as an Analyst/Investor Day, giving the market an opportunity to hear directly from management about current issues and plans (Key Developments).
Narrative Update Feb 19

6594: Future R&D Reorganization Will Weigh On Earnings Quality

Analysts have revised their price target on Nidec from ¥2,600 to ¥1,800. This change reflects updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions.
Narrative Update Feb 05

6594: Organizational Overhaul Will Resolve Accounting Probe And Unlock Future Upside

Analysts have trimmed their price target for Nidec from ¥3,195 to ¥2,995, reflecting updated assumptions for slightly lower revenue growth, profit margins, and future P/E multiples, alongside a modestly higher discount rate. What's in the News Nidec plans to separate its Technology Strategy Planning Department and establish a CTO Technology Planning Department and an Intellectual Property Department, effective January 1, 2026 (Key Developments).
Narrative Update Jan 22

6594: Future R&D Reorganization And Urban Air Mobility Projects Will Unlock Upside Potential

Analysts have reduced their price target on Nidec to ¥4,100 from about ¥4,722, citing updated assumptions that reflect a higher discount rate, slightly stronger revenue growth and profit margins, and a lower future P/E multiple in their models. What's in the News Nidec plans organizational changes effective January 1, 2026, including separating the Technology Strategy Planning Department to create a CTO Technology Planning Department and an Intellectual Property Department within its R&D structure (company announcement).
Narrative Update Jan 07

6594: Accounting Probe Resolution Will Unlock Future Upside Potential

Analysts have kept their fair value estimate for Nidec steady at ¥3,195, citing only small tweaks to assumptions such as a slightly higher discount rate and a marginally adjusted future P/E outlook. What's in the News Nidec has announced a series of organizational changes effective January 1, 2026, including new CTO Technology Planning and Intellectual Property departments, a dedicated Urban Air Mobility Project and Inverter System Development Project within the Product Technology R&D Center, and a new Business Strategy and Sales Department within the Automotive Motor & Electronic Control Business unit (company announcement).
Narrative Update Dec 15

6594: Arkansas Expansion And Index Exit Will Shape Future Upside Potential

Analysts have trimmed their price target on Nidec slightly, lowering it by ¥60 to ¥3,195 as they factor in a modestly higher long term revenue growth outlook, alongside slightly softer margin and valuation assumptions. What's in the News Nidec Corporation has been dropped from the Nikkei 225 Index, removing the stock from one of Japan's key equity benchmarks (index review announcement).
Narrative Update Dec 01

6594: New Arkansas Facility Expansion Will Drive Future Performance Momentum

Analysts have decreased their price target for Nidec from ¥3,330 to ¥3,255, citing slightly lower projections for revenue growth and profit margin in their updated outlook. What's in the News Nidec Corporation has been dropped from the Nikkei 225 Index (Key Developments) The company revised its consolidated earnings guidance for the next fiscal periods to "undetermined" due to ongoing investigations into suspected inappropriate accounting practices (Key Developments) The Board of Directors resolved not to pay a surplus dividend (interim dividend) for the fiscal year ending March 31, 2026, citing ongoing investigations (Key Developments) Nidec announced organizational and personnel changes effective October 1, 2025, including the formation of new business divisions and departments (Key Developments) The company is expanding its facility in Mena, Arkansas, with a $19 million investment that will create 35 new jobs over five years (Key Developments) Valuation Changes Consensus analyst price target has decreased slightly from ¥3,330 to ¥3,255.
Narrative Update Nov 17

6594: New Facility Investment And Business Reorganization Will Drive Momentum

Nidec's analyst price target has been slightly lowered from ¥3,364 to ¥3,330. This change reflects analysts' updated expectations as improving revenue growth projections are balanced by a modest reduction in forecast profit margins.
Narrative Update Nov 02

6594: New Arkansas Expansion Will Drive Positive Momentum Into 2027

Analysts have slightly reduced their price target for Nidec from ¥3,422 to ¥3,364. This change reflects cautious adjustments in valuation based on updated assumptions for discount rates and growth metrics.
Narrative Update Oct 19

Expanding Data Center Cooling And EV Demand Will Create Opportunities

Analysts have revised their fair value estimate for Nidec to ¥3,422, down from ¥3,522. This change reflects minor adjustments to discount rate and margin assumptions.
Narrative Update Oct 05

Expanding Data Center Cooling And EV Demand Will Create Opportunities

Analysts have slightly lowered their price target for Nidec from ¥3,570.63 to ¥3,522.00. They cite modest adjustments to discount rates and anticipated profit margins based on their latest models.
Narrative Update Sep 20

Expanding Data Center Cooling And EV Demand Will Create Opportunities

Nidec’s fair value estimate was marginally reduced, as both its future P/E and discount rate remained essentially stable, resulting in only a slight decrease in the consensus analyst price target from ¥3618 to ¥3571. What's in the News Nidec will hold a Board Meeting with an agenda to consider establishing a third-party committee.
Narrative Update Sep 05

Expanding Data Center Cooling And EV Demand Will Create Opportunities

With both the Discount Rate and Future P/E ratio for Nidec showing only slight increases, consensus analyst valuation has been effectively maintained, resulting in a marginally higher price target from ¥3581 to ¥3618. What's in the News Nidec's board is meeting to consider establishing a third-party committee.
Analysis Article Aug 10

Is It Time To Consider Buying Nidec Corporation (TSE:6594)?

TSE:6594 1 Year Share Price vs Fair Value Explore Nidec's Fair Values from the Community and select yours Today we're...
Analysis Article Jul 19

Nidec Corporation's (TSE:6594) Earnings Haven't Escaped The Attention Of Investors

When close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 13x, you may consider Nidec...
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New Narrative Nov 07

The Future Is Bright For EV Components And Global Expansion Driving Growth

Nidec expects future revenue growth from its focus on EV automotive components and joint ventures in expanding EV markets.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if 6594's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6594's dividend payments have been increasing.


Dividend Yield vs Market

Nidec Dividend Yield vs Market
How does 6594 dividend yield compare to the market?
SegmentDividend Yield
Company (6594)0%
Market Bottom 25% (JP)1.8%
Market Top 25% (JP)3.8%
Industry Average (Electrical)1.1%
Analyst forecast (6594) (up to 3 years)2.4%

Notable Dividend: Unable to evaluate 6594's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6594's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: 6594 is not paying a notable dividend for the JP market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 6594 has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/08 07:40
End of Day Share Price 2026/07/08 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nidec Corporation is covered by 26 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George ChangAletheia Analyst Network Limited
Masaru KoshitaBarclays
Masashi KubotaBofA Global Research