Nidec Corp (NJ) Reports Q2 EPS of JPY81.08

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Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2015

July 22, 2015 5:55 AM EDT

KYOTO, Japan, July 22, 2015 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE: NJ) today announced its consolidated results under U.S. GAAP for the period of April 1, 2015 through June 30, 2015.

The highlights are as follows:

Record-high quarterly net sales, operating income, income before taxes and net income Nine consecutive quarters of operating income increase Nine consecutive quarters of operating income increase for Automotive, Appliance, Commercial and Industrial Products EPS: 81.99 (basic)           81.08 (diluted)... More

Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2015

July 22, 2015 5:54 AM EDT

KYOTO, Japan, July 22, 2015 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE: NJ) today announced its consolidated results under U.S. GAAP for the period of April 1, 2015 through June 30, 2015.

The highlights are as follows:

Record-high quarterly net sales, operating income, income before taxes and net income Nine consecutive quarters of operating income increase Nine consecutive quarters of operating income increase for Automotive, Appliance, Commercial and Industrial Products EPS: 81.99 (basic)           81.08 (diluted)... More

Nidec to Acquire PT. NAGATA OPTO INDONESIA

July 22, 2015 2:15 AM EDT

KYOTO, Japan, July 22, 2015 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE: NJ) (the "Company" or "Nidec") announced that Nidec Sankyo Corporation ("Nidec Sankyo"), the Company's subsidiary, has agreed to acquire 100% of the shares of PT. NAGATA OPTO INDONESIA ("NAGATA INDONESIA"), a manufacturer of glass lenses for automotive cameras, from its founding family (the "Transaction"). For this purpose, Nidec Sankyo entered into a share purchase and transfer agreement with the founding family of NAGATA INDONESIA.

1. Purpose and background of the Transaction

As a member of... More

Nidec to Acquire PT. NAGATA OPTO INDONESIA

July 22, 2015 2:15 AM EDT

KYOTO, Japan, July 22, 2015 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE: NJ) (the "Company" or "Nidec") announced that Nidec Sankyo Corporation ("Nidec Sankyo"), the Company's subsidiary, has agreed to acquire 100% of the shares of PT. NAGATA OPTO INDONESIA ("NAGATA INDONESIA"), a manufacturer of glass lenses for automotive cameras, from its founding family (the "Transaction"). For this purpose, Nidec Sankyo entered into a share purchase and transfer agreement with the founding family of NAGATA INDONESIA.

1. Purpose and background of the Transaction

As a member of... More