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Nidec Corporation (6594.T)
- Business Wire
Nidec Announces Investment in Eve Air Mobility, a Manufacturer of Electric Vertical Take-off and Landing (eVTOL) Aircraft, for Strategic Partnership Through Nidec’s Subsidiary
KYOTO, Japan, July 01, 2024--Nidec (TOKYO:6594; OTC US:NJDCY) announces that it will make a minority equity investment of USD 20M in Eve Air Mobility ("Eve"), a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and launch partner for Nidec Aerospace’s propulsion system, through Nidec’s subsidiary, Nidec Motor Corporation ("NMC"), on July 2, 2024.(EST)
- Business Wire
Nidec Announces the Status of Own Share Repurchase
KYOTO, Japan, July 01, 2024--Nidec Corporation (TOKYO:6594; OTC US:NJDCY) (the "Company") today announced the status of the Company’s own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on May 24, 2024, pursuant to Item 1 of Article 459 (1) of the Companies Act of Japan.
- Business Wire
Nidec Announces Material Weakness About Nidec’s Internal Control Over Its Financial Reporting and Its Corrective Actions Implemented
KYOTO, Japan, June 19, 2024--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") announces today that the Company has stated in the internal control report for the fiscal year ended March 31, 2024, submitted on June 19, 2024 to the Kanto Local Finance Bureau in accordance with Article 24-4-4(1) of the Financial Instruments and Exchange Act, that the Company has identified a material weakness and that the Company’s internal control over financial reporting is not effective, as describe
