Nidec Corporation Announces Dividend for the Second Quarter Ended September 30, 2021, Payable on December 1, 2021; Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2022
October 26, 2021 at 04:49 am EDT
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Nidec Corporation announced dividend of JPY 30 per share for the second quarter ended September 30, 2021 against JPY 30 per share paid for the same period a year ago. Scheduled date of dividend payable is December 1, 2021.
The company provided year-end dividend guidance for the fiscal year ending March 31, 2022. For the year, the company expects to pay year-end dividend of JPY 30 per share against JPY 30 per share declared for the same period a year ago.
Nidec Corporation specializes in the development, manufacturing and marketing of small precision motors and automotive and appliance components. Net sales break down by family of products as follows:
- appliances, air-conditioning and industrial equipment motors (40.5%);
- small precision motors (21.9%): pin motors for hard drives, fan motors, vibrating motors, brush motors and motor applications, etc. ;
- automotive components (21.3%);
- machines (12.1%): industrial robots, card readers, test systems, presses and power transmission drives, etc. ;
- electronic and optical components (3.9%): switches, trimmer potentiometers, lens units and camera shutters, etc. ;
- other (0.3%).
The net sales are distributed geographically as follows: Japan (17.8%), China (26.7%), the United States (21.6%), Germany (6.1%), Italy (5.5%), Thailand (5.2%) and other (17.1%).
Nidec Corporation Announces Dividend for the Second Quarter Ended September 30, 2021, Payable on December 1, 2021; Provides Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2022
NIDEC CORPORATION 
