Nidec Corp
6594: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|k$$ | LOCK|@<bd | LOCK|#>s |
Nidec Earnings: Margin Improvement Led by New Management Is Encouraging; Shares Undervalued
Nidec reported September-quarter results with revenue up 8.6% year on year and operating margin up 9.1%, both broadly in line with our expectations. The September-quarter operating margin was 9.4%, up slightly from 9.3% in the June quarter.
