2.5 EUR
0.5
16.67%
Last update Nov 21, 8:27 AM CET
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2.5
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Nidec Corporation Sponsored ADR
2.50
0.50
16.67%

Overview

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Description

Nidec Corporation Sponsored ADR represents shares of Nidec Corporation, a leading global manufacturer of small precision motors and motion control components. Nidec's core business lies in producing essential components used in various applications such as hard disk drives, electronic devices, and automotive products. With an emphasis on innovation, the company has expanded its operations into fields like home appliances, industrial equipment, and environment-related products, thereby diversifying its portfolio and reinforcing its market position. By enabling American investors to indirectly invest in Nidec through its ADRs, the company boosts its presence in the U.S. financial markets, enhancing exposure and accessibility beyond its home base in Japan. As a key player in the motor manufacturing industry, Nidec plays a crucial role in supporting the technological advancement and operational efficiency of multiple sectors, ensuring its continued relevance in the global economy.

About

CEO
Mitsuya Kishida
Employees
101112
Address
338 Kuzetonoshiro-cho
Minami-ku
Kyoto, 601-8205
Phone
81 7 5922 1111
Website
Instrument type
American depositary receipt
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Germany
MIC code
XMUN
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