6594.T Stock Today: Nidec Founder Quits Honorary Role amid Probe – February 27
Nidec stock is in focus after founder Shigenobu Nagamori resigned as honorary chairman amid a third‑party accounting probe. The 6594.T last closed at ¥2,350, within a ¥2,292 to ¥2,405 range, with volume at 5,010,200 shares. The PE stands at 22.8 on EPS of ¥104.88, and market cap is about ¥2.74 trillion. A committee report due this month and the March 4 earnings call are the next catalysts. We examine governance, technicals, valuation, and scenarios for Japan investors.
Founder Exit and Governance Reset
Shigenobu Nagamori resigned as honorary chairman on Feb 26, following his December 2025 departure from the board. Japanese media said he aimed to clear the way for renewal under the current management, as a third‑party panel reviews alleged irregularities. Coverage from NHK and Nikkei confirms the resignation and timing source source.
The move may ease a governance overhang tied to the Nidec accounting probe. Near‑term price action will hinge on the committee’s findings expected this month. Many expect any probe‑related losses to be one‑off, with scope for improvement into FY2027 as reforms take root. For Nidec stock, cleaner oversight could support a higher quality of earnings and a stronger long‑term multiple.
Share Price and Key Technical Levels
The 6594.T share price finished at ¥2,350, flat on the day, after trading between ¥2,292 and ¥2,405. Bollinger bands center on ¥2,321, with the upper at ¥2,436 and lower at ¥2,207. The 50‑day average is ¥2,191.52, below price, while the 200‑day is ¥2,517.56, above price. Nidec stock sits near the band midpoint, suggesting balanced near‑term pressure.
RSI at 60.49 points to steady momentum. ADX at 29.46 signals a strong trend building, while CCI at 108 flags near‑term overbought risk. A push above ¥2,405 would target the ¥2,436 upper band. Support sits at ¥2,321 and ¥2,292, then ¥2,207. Traders in Japan may trail stops as Nidec stock approaches resistance.
Valuation, Earnings, and Balance Sheet
Earnings are scheduled for Mar 4, 2026. With EPS at ¥104.88 and a PE of 22.8, investors will focus on margins and any charges linked to the investigation. Watch operating cash flow trends and segment updates in autos and precision motors. If any probe costs are one‑off, stable guidance could anchor the multiple for Nidec stock.
Leverage looks moderate with debt to equity at 0.145 and a current ratio of 1.61. Dividend per share is ¥40, implying a 1.67% yield and about a 26% payout. Valuation sits near 1.56x book and 1.05x sales, with ROE around 10.2%. These metrics suggest room for improvement if profitability normalizes for Nidec stock.
Scenario Map for 2026–2027
A limited‑impact report and clear corrective actions could reduce the discount to peers. Sustained ADX strength and a break above ¥2,405 may open room toward ¥2,436 and the 200‑day average at ¥2,517.56. Earnings clarity on Mar 4 and tighter controls would support cash generation and help Nidec stock compound into FY2027.
An adverse report with heavier charges could pressure price below ¥2,292 and ¥2,207. Watch the 92‑day cash conversion cycle and inventory turns if demand slows. Any delay in reforms tied to the Nidec accounting probe would weigh on sentiment. For downside, monitor the ¥2,191.52 50‑day average as a pivot for Nidec stock.
Final Thoughts
Nagamori’s exit as honorary chairman removes a leadership shadow and may help the board act faster as the probe concludes. For Nidec stock, the near term is about two checkpoints. First, the third‑party report due this month. Second, the Mar 4 earnings call for detail on charges, margins, and free cash flow. Technically, a move over ¥2,405 and the ¥2,436 band would strengthen momentum. On fundamentals, low leverage, steady ROE, and a 1.67% yield provide a base. Our system grades the shares B+ with a Buy suggestion, pending clarity on the report. Position sizing and disciplined levels are key while volatility remains elevated.
FAQs
Why did Shigenobu Nagamori resign now?
He stepped down as honorary chairman on Feb 26 to support renewal under current management while a third‑party panel reviews alleged accounting issues. He had already left the board in December 2025. The timing aims to reduce governance concerns during the investigation and help the company move forward.
How could the probe affect Nidec stock?
Sentiment will depend on the report’s findings. Limited or one‑off charges could lift confidence and the multiple. A tougher outcome may weigh on price and delay reforms. Traders should watch ¥2,321 and ¥2,292 for support and ¥2,405 for resistance as the next directional cues.
What are key levels for 6594.T share price?
Resistance sits near ¥2,405 and the Bollinger upper band at ¥2,436. Support is around the middle band at ¥2,321, then ¥2,292 and ¥2,207. The 50‑day average at ¥2,191.52 is a tactical pivot. A close above resistance could signal trend continuation, while a break below support warns of weakness.
Is Nidec stock expensive at current prices?
At ¥2,350, valuation is about 22.8 times EPS, 1.56 times book, and 1.05 times sales. With ROE near 10% and moderate leverage, the shares look reasonable if earnings remain stable. Better margins or a clean probe outcome could justify the multiple, while weaker results would challenge it.
What near-term catalysts should investors watch?
Two key dates matter. The third‑party committee report expected this month, and the Mar 4, 2026 earnings release. Look for disclosure on any charges, margin direction, free cash flow trends, and commentary on governance reforms. These will guide the next move in Nidec stock and trading volumes.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.