We trimmed narrow-moat Nidec’s earnings forecasts to incorporate the increasing materials costs and lower revenue growth outlook, and therefore revised our fair value estimate to JPY 12,500 from JPY ...
Nidec revised its operating income guidance for fiscal 2023 (ending March 2024) from JPY 220 billion to JPY 180 billion, due to the JPY 45 billion restructuring charge related to its electric vehicle ...
High-value electrical rotating equipment manufacturer Reid & Mitchell’s (R&M’s) traction history goes back many years. The business was formerly owned by multinational conglomerate General Electric ...
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