No Data
Trends for ADR on the 28th = Nidec Corporation Sponsored ADR, Advantest, Murata Manufacturing, etc. are trading lower in yen conversion values.
On the 28th, the ADRs (American Depositary Receipt) experienced a broad decline compared to the Tokyo closing price at the end of the previous week, when converted to yen. In yen terms, Nidec Corporation Sponsored ADR <6594.T>, Advantest <6857.T>, Murata Manufacturing <6981.T>, Kawasaki Heavy Industries <7012.T>, and SoftBank Group <9984.T> were down. Hitachi <6501.T>, Omron <6645.T>, Keyence <6861.T>, Asics <7936.T>, and Fast Retailing <9983.T> also showed weakness. Provided by We.
Nidec Corporation Sponsored ADR, Okasan Securities lowered the Target Price to 4,300 yen.
Okasan Securities maintained a "Bullish" rating on Nidec Corporation Sponsored ADR <6594.T> as of the 27th. The Target Price was lowered from 4,500 yen to 4,300 yen. The business environment for Autos and others is viewed as somewhat stagnant. Provided by Wealth Advisor Corporation.
Rating information (Target Price change - Part 2) = Sekisui House, Nidec Corporation Sponsored ADR, ETC.
◎ Morgan Stanley MUFG Securities (three-tiered: Overweight > Equal Weight > Underweight) Sekisui House <1928.T> --- "Equal Weight" → "Equal Weight", 4,000 yen → 3,700 yen ◎ Okasan Securities (three-tiered: Bullish > Hold > Bearish) Nidec Corporation Sponsored ADR <6594.T> --- "Bullish" → "Bullish", 4,500 yen → 4,300 yen Kobe Bussan <3038.T> --- "Hold" → "Hold", 4,000 yen → 3,900 yen Kyocera Corporation Sponsored ADR <6971.T> --- "
Completion of the procedures related to the public offering for Makino Milling Machine Co., Ltd. (Stock code: 6135) under Turkish competition protection law.
Company Name: Nidec Corporation Sponsored ADR, Representative: Company Executive President Mitsuya Kishida, Exchange: Tokyo Stock Exchange Main Board (6594), Location: 338 Kuze Tonoji-cho, Minami-ku, Kyoto City, Contact: Corporate Communication Department Head Keita Watanabe, Phone: (075) 935-6150. The company announced on December 27, 2024, regarding the planned start of the public tender offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135) in the 'Announcements of individual stocks' section.
Market Chatter: Makino Milling Union Stands Firm Against Nidec's $1.6 Billion Takeover Bid, Citing Employee Welfare Concerns
Japanese Automakers Plunge on Trump's 25% Tariff Announcement
