Nidec Finalizes Asset Details for Mobility Unit Demerger

MT Newswires Live

2025/04/29

Nidec (TYO:6594) will succeed assets worth 19.64 billion yen and liabilities of 6.65 billion yen from its wholly owned subsidiary Nidec Mobility under a planned absorption-type demerger, according to a Monday filing on the Tokyo Stock Exchange.

The company said the amounts are based on the March 31 balance sheet and could change slightly before the May 1 effective date.

Nidec is transferring its inverter business to streamline operations.

Price (JPY): $2550.50, Change: $+40, Percent Change: +1.59%

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