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Nidec Announces Recording of Extraordinary Losses and Gains in Non-Consolidated Financial Results
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company” or “we”) hereby announces that it has recorded extraordinary losses and extraordinary gains in its non-consolidated financial results for the fiscal year ended March 31, 2026, as detailed below. We sincerely apologize for any inconvenience and concern caused to our shareholders, investors, and other stakeholders. 1. Details of the extraordinary loss/gain The Company recognized suspected improper account...
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Nidec Announces Completion of Submission of the Securities Report for the Fiscal Year Ended March 31, 2026 (53rd Fiscal Year)
KYOTO, Japan--(BUSINESS WIRE)--As announced in the “Notice Regarding Approval of an Extension of the Filing Deadline of Annual Securities Report for the 53rd Fiscal Year (Ended March 31, 2026)” dated June 30, 2026, Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) received approval of deadline extension for submission of the said securities report to September 30, 2026 from the Kanto Local Finance Bureau, and the Company, hereby announces that the Company has submitted the said sec...
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ReSpark Acquires ScrapRight, Extending the Industry's Most Complete Recycling Platform
NEW YORK--(BUSINESS WIRE)--ReSpark, the definitive technology platform for the metal recycling industry, today announced it has completed its acquisition of ScrapRight, the scrap yard management software provider founded by industry veteran Shon Duty. ScrapRight has served recyclers for more than 20 years and today supports roughly 350 customers across more than 500 locations with software built for the realities of daily scrap operations.The acquisition follows the April 2026 combination of Gre...
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Nidec Announces the Record of Impairment Losses on Non-Financial Assets, Provisions for Loss of Contract, Liabilities Related to the Settlement of Claims From Suppliers and Special Investigation and Related Expenses
KYOTO, Japan--(BUSINESS WIRE)--As announced in “Notice regarding the record of provisions for loss on contract, impairment losses on nonfinancial assets, and liabilities related to the settlement of claims from suppliers” dated November 14, 2025, Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) had recorded impairment losses on nonfinancial assets, provisions for loss of contract and liabilities related to the settlement of claims from suppliers in the first and second quarters of...
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Nidec Announces the Dividend Exceeding Distributable Amount Due to Correction of Past Financial Statements
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) (the “Nidec,” “we” or the "Company") today submitted Annual Security Report for the fiscal year ended March 31, 2026, to the Kanto Local Finance Bureau, and retrospectively restated financial statements of prior fiscal years. The Company hereby announces that, as a result of these retrospective restatements, it was discovered that the total amount of dividends of surplus paid and share repurchase conducted in prior f...
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REEMAG Appoints Sam Trinch as Chief Executive Officer
NEW YORK--(BUSINESS WIRE)--Sam Trinch will lead REEMAG through scale-up and deployment of its first-of-its-kind recycling platform for end-of-life NdFeB rare earth magnets...
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Samenvatting: Terra Quantum en Empa ontwikkelen AI-model voor realtime voorspelling bij procescontrole van laserlassen
ST. GALLEN, Zwitserland & NEW YORK--(BUSINESS WIRE)--Terra Quantum, wereldwijd koploper op het gebied van kwantumtechnologie, en Empa, het Zwitserse federale onderzoeksinstituut voor materiaalkunde en technologie, hebben LP-FNO (Laser Processing Fourier Neural Operator) aangekondigd. Dit is een surrogaatmodel op basis van kunstmatige intelligentie dat de volledige driedimensionale dynamiek van het smeltbad bij laserlassen tot wel 100.000 keer sneller voorspelt dan traditionele multifysica-simul...
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Riassunto: Terra Quantum ed Empa sviluppano un modello di AI che offre previsioni in tempo reale per il controllo del processo di saldatura laser
ST. GALLEN, Svizzera e NEW YORK--(BUSINESS WIRE)--Terra Quantum, un leader globale nelle tecnologie quantistiche, ed Empa, Swiss Federal Laboratories for Materials Science and Technology (Laboratori federali svizzeri per la scienza e la tecnologia dei materiali), hanno annunciato la realizzazione di LP-FNO (Laser Processing Fourier Neural Operator), un modello surrogato di intelligenza artificiale che prevede dinamiche tridimensionali complete di bacino di fusione nella saldatura laser fino a 1...
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Terra Quantum und Empa entwickeln KI-Modell, das Echtzeit-Prognosen für die Steuerung von Laserschweißprozessen ermöglicht
ST. GALLEN, Schweiz & NEW YORK--(BUSINESS WIRE)--Terra Quantum, ein weltweit führendes Unternehmen im Bereich der Quantentechnologien, und die Empa, die Eidgenössische Materialprüfungs- und Forschungsanstalt, haben LP-FNO (Laser Processing Fourier Neural Operator) vorgestellt, ein KI-Surrogatmodell, das die vollständige dreidimensionale Dynamik des Schmelzbads beim Laserschweißen bis zu 100.000-mal schneller vorhersagt als herkömmliche multiphysikalische Simulationen. Damit wird der Rechenengpa...
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Resumen: Terra Quantum y Empa desarrollan un modelo de IA que permite realizar predicciones en tiempo real para el control de los procesos de soldadura por láser
SAN GALLEN, Suiza y NUEVA YORK--(BUSINESS WIRE)--Terra Quantum, líder internacional en tecnologías cuánticas, y Empa, los Laboratorios Federales Suizos de Ciencia y Tecnología de Materiales, han presentado LP-FNO (Laser Processing Fourier Neural Operator), un modelo sustitutivo con tecnología de inteligencia artificial que predice la dinámica tridimensional completa del baño de fusión en la soldadura por láser hasta 100 000 veces más rápido que la simulación multifísica tradicional. De este mod...
