Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Nidec (6594) | Liquid Cooling Overheats Stock

Nidec (6594) | Big Revision Down to E-Axle Sales

Gravity Works As WeWork Doesn't; Now Plan B

Nidec (6594) | Remain Cautious Despite Bullish Guidance

Equity Bottom-Up

<ul>
<li>Consolidated net sales increased by +4.4% YoY to ¥594,026 million</li>
<li>Operating profit increased by 90% YoY to ¥53,562 million, but were down 3.7% QoQ.</li>
<li>Full-Year guidance for OP was revised down by 20% to ¥180,000 million. We remain bullish on long-term structural electrification thesis</li>
</ul>


Consolidated net sales increased by +4.4% YoY to ¥594,026 million
Operating profit increased by 90% YoY to ¥53,562 million, but were down 3.7% QoQ.
Full-Year guidance for OP was revised down by 20% to ¥180,000 million. We remain bullish on long-term structural electrification thesis


Nidec Corp

Nidec (6594) | A Mixed Quarter