- Nidec maintains its forecast for FY operating income at 240.00 billion yen, slightly below the estimate of 245.17 billion yen.
- The company expects a net income of 185.00 billion yen for the full year, close to the estimate of 185.76 billion yen.
- Net sales for Nidec are projected at 2.50 trillion yen, compared to an estimate of 2.57 trillion yen.
- For the first half of the fiscal year, Nidec forecasts operating income of 115.00 billion yen, higher than the estimate of 104.1 billion yen.
- The projected net income for the same period is 97.00 billion yen, surpassing the estimate of 84.28 billion yen from two estimates.
- Nidec anticipates first-half net sales of 1.30 trillion yen, ahead of the estimate of 1.22 trillion yen.
- Analyst ratings for Nidec include 16 buys, 4 holds, and 1 sell.
- All comparisons to past results are based on values reported by the company’s original disclosures.
Nidec Corp on Smartkarma
Analysts on Smartkarma are closely monitoring Nidec Corp, a company that has recently shown a downwards trend in its valuation but holds potential for recovery. Scott Foster‘s report titled “Nidec (6594 JP): Buy into Current Decline” highlights the company’s management raising guidance after a sluggish first quarter, emphasizing the importance of avoiding further restructuring for profit growth. Investor focus is shifting to economic and operational risks as the company strives to return to profitable levels amidst a changing market.
Mark Chadwick‘s analysis on Nidec Corp provides additional insights, such as the company’s Q1 performance surpassing expectations, driven by specific segments like small precision motors and AI server cooling systems. Despite certain setbacks in the EV business, Nidec continues to exhibit growth and improving profitability across other sectors. Overall, analysts like Chadwick maintain a bullish view on Nidec’s valuations, seeing the company as attractively priced given its structural growth drivers and strategic initiatives.
A look at Nidec Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Nidec Corp, the world’s top producer of small precision motors for tech devices, holds a promising long-term outlook based on the Smartkarma Smart Scores. Key aspects like Growth and Resilience are rated favorably at 3, showing potential for expansion and ability to withstand market challenges. Momentum stands out with an impressive score of 4, indicating strong market traction and performance. While Value and Dividend scores are moderate at 2, the company’s strategic focus on home appliances and automotive sectors, alongside active M&A involvement, positions Nidec as a significant player in various industries.
Nidec Corporation’s diversified portfolio covering small precision motors for electronic devices, home appliances, and automotive applications, coupled with strategic acquisitions, portrays a resilient and forward-thinking entity. The company’s strong momentum score of 4 suggests a solid market presence and growth trajectory. Although Value and Dividend scores are at a moderate level of 2, Nidec’s ability to adapt to evolving market demands and its leading position in key sectors showcase a promising outlook for long-term performance.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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