NIDEC Corp. Hits Day Low of JPY 1,797 Amid Price Pressure

NIDEC Corp., a prominent player in the Electronics & Appliances sector, experienced a notable decline today, with its stock price dropping by 3.29% to touch an intraday low of JPY 1,797.00. This performance stands in stark contrast to the Japan Nikkei 225, which gained 2.12% on the same day.
Over the past week, NIDEC Corp. has seen a significant downturn of 23.46%, and its one-month performance reflects a decline of 27.02%. The stock has faced consistent challenges, with a year-to-date performance of -34.05% and a staggering drop of 54.29% over the past three years. In the last year alone, the stock has underperformed against the benchmark, generating a return of -38.78%.

Despite these challenges, NIDEC Corp. has reported a healthy long-term growth trajectory, with net sales increasing at an annual rate of 11.18%. However, key financial metrics indicate areas of concern, including a return on capital employed (ROCE) of 11.43% and an operating profit margin of 9.63%. The company continues to navigate a complex market landscape, with majority shareholders being foreign institutional investors.