Nidec said Thursday that Makino's advantage in the chip-production, aerospace and medical fields will augment the company's strength in industrial machine and other areas. Acquiring Makino will ...

Nidec reported a rise in third-quarter net profit, supported by stronger earnings from its precision-motor and machinery businesses as well as foreign-exchange gains.

Nidec (OTCMKTS:NJDCY – Get Free Report) will likely be issuing its quarterly earnings data on Wednesday, January 22nd.

Nidec said it intended to spend about 257 billion yen ($1.63 billion) on the acquisition to take Makino private, but the target's board had not agreed to the offer of 11,000 yen per share.

Ralph Garcia, vice president of international business recruitment for McAllen EDC, attended a groundbreaking ceremony for ...

TOKYO (Reuters) -Japanese manufacturing giant Nidec said on Friday it planned to launch a 257 billion yen ($1.6 billion) bid for Makino Milling Machine, a surprise unsolicited takeover offer in a ...

Japanese stocks may rise as a weaker yen raises hopes for domestic earnings growth. Nikkei futures are up 0.7% at 39815 on the SGX. USD/JPY is at 156.47, compared with 155.88 as of Wednesday’s Tokyo ...

JAPANESE manufacturing giant Nidec said on Friday (Dec 27) that it planned to launch a tender offer for Makino Milling Machine at a 42 per cent premium to Thursday’s closing share price, with or ...

Nidec Corp. is offering ¥257.3 billion ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company. The Kyoto-based ...

TOKYO, Dec 27 (Reuters) - Japanese manufacturing giant Nidec (6594.T), opens new tab said on Friday it planned to launch a 257 billion yen ($1.6 billion) bid for Makino Milling Machine (6135.T ...