Daily BriefsIndustrials

Daily Brief Industrials: Nidec Corp and more

In today’s briefing:

  • Nidec (6594 JP): Buy into Current Decline


Nidec (6594 JP): Buy into Current Decline

By Scott Foster

  • If further restructuring can be avoided, profitability should return to an acceptable level while sales growth continues. 
  • The decline of EV prices has probably run its course and global demand for factory automation continues to rise despite weakness in China.
  • Projected valuations are at a 10-year low. Investor attention can now shift to economic and operating risks.

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