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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
Nidec To Go Ex-Dividend On March 28th, 2025 With 20 JPY Dividend Per Share
March 27th (Japan Standard Time) - $Nidec(6594.JP)$ is trading ex-dividend on March 28th, 2025.Shareholders of record on March 31st, 2025 will receive 20 JPY dividend per share. The ex-dividend date
Makino Presses Nidec for Response on Tender Offer Conditions
Technical selection of Hot Stocks = Nidec Corporation Sponsored ADR, breaking above the upper limit of the Ichimoku Kinko Hyo daily 'cloud', just about to form a mini golden crossover.
On the 18th, the stock price of Nidec Corporation Sponsored ADR <6594.T> surpassed the 25-day moving average at closing, and on the following day, the 19th, it continued to rise by 69 yen compared to the previous day, with a trading volume of 5.49 million shares, breaking through the upper limit of the resistance band called "cloud" surrounded by the two leading spans of the Ichimoku Kinko Hyo daily chart. The 5-day moving average is approaching the gently rising 25-day line from below, and the deviation between the two moving averages has also narrowed to about 4 yen. A mini golden cross (GC) between the 5-day and 25-day lines has formed, the first since February 21.
The ADR trends on the 20th show that INPEX, Keyence, Mitsubishi UFJ, etc., are performing well in yen conversion values.
On the 20th, the ADRs (American Depositary Receipts) showed mixed results compared to the closing values in Tokyo on the 19th when converted to yen. In terms of yen conversion, INPEX <1605.T>, Keyence <6861.T>, Mitsubishi UFJ <8306.T>, Sumitomo Mitsui <8316.T>, Mizuho <8411.T>, etc., were higher. On the other hand, Daiichi Sankyo <4568.T>, Nidec Corporation Sponsored ADR <6594.T>, Nissan <7201.T>, Toyota <7203.T>, Honda <7267.T>, etc., were weaker. Provided by We.