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)| Q2 In-Line; Long-Term Outlook Intact

Equity Bottom-Up

<ul>
<li>Nidec’s tender offer of Makino would strengthen its portfolio, combining advanced machining technologies with automation solutions to lead the global machine tool industry.</li>
<li>The synergy between Nidec and Makino unlocks cost savings, streamlined operations, and innovative solutions for high-growth sectors like electric vehicles and aerospace.</li>
<li>We estimate that the deal to acquire Makino would be between 8-13% EPS accretive for Nidec.</li>
</ul>


Nidec’s tender offer of Makino would strengthen its portfolio, combining advanced machining technologies with automation solutions to lead the global machine tool industry.
The synergy between Nidec and Makino unlocks cost savings, streamlined operations, and innovative solutions for high-growth sectors like electric vehicles and aerospace.
We estimate that the deal to acquire Makino would be between 8-13% EPS accretive for Nidec.


Nidec (6594) | Sharpens Its Edge in Global Manufacturing

Nidec Corp

Nidec (6594) | Sharpens Its Edge in Global Manufacturing