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Nidec Announces Material Weakness About Nidec's Internal Control Over Its Financial Reporting and Its Corrective Actions Implemented
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the "Company") announces today that the Company has stated in the internal control report for the fiscal year ended March
Nidec: Confirmation letter
Nidec corporation sponsored ADR: Securities Report - 51st term (April 1, 2023 - March 31, 2024).
The afternoon Nikkei average starts 133 yen higher, with Mitsubishi Electric, Hitachi, and others seeing gains.
[Nikkei Average and TOPIX (Table)] Nikkei Average; 38,615.29; +133.18 TOPIX; 2,730.60; +14.84 [Afternoon Summary] The afternoon Nikkei Average started with a small increase from the morning closing price (38,707.21 yen) at 38,615.29 yen, up 133.18 yen from the previous day. During lunchtime, the Nikkei 225 futures were slightly down in the range of 38,570-38,670 yen. The USD/JPY rate was almost the same as around 9 am at 1 dollar = 157.80-90 yen. Asia
Nikkei contribution ranking (pre-opening) ~ Nikkei continues to rise, Softbank G pushes up about 57 yen with one stock.
As of the closing time on the 19th, the number of rising and falling stocks in the Nikkei average constituent stocks was 146 stocks and 78 stocks respectively, with 1 stock remaining unchanged. The Nikkei average continues to rise. It has ended the morning trading session at 38,707.21 yen (+0.58%) higher, up 225.10 yen from the previous day (with a volume of approximately 680 million shares traded). On the 18th, the US stock market continued to rise with the Dow Jones Industrial Average up 56.76 dollars (+0.15%) to 38,834.86 dollars, the Nasdaq up 5.21 points (+0.03%) to 17,862.23 and the S&P 500 up 19.63 points (+0.42%) to 4,367.48.
The Nikkei average started 171 yen higher, with SoftBank Group and Nissan Motor among the risers.
[Nikkei stock average and TOPIX (table)] Nikkei average; 38,653.91; +171.80 TOPIX; 2,726.07; +10.31 [Opening summary] On the 19th, the Nikkei average opened higher by 171.80 yen at 38,653.91 following an upward trend. In the previous day's U.S. stock market, the Dow average ended at 38,834.86, up 56.76 dollars, and the Nasdaq closed at 17,862.23, up 5.21 points. This is due to the results of retail sales justifying the interest rate cut.
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