Nidec (NJDCY) PensionAndRetirementBenefit : $229 Mil (As of Mar. 2024)

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What is Nidec PensionAndRetirementBenefit?

Nidec's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was $229 Mil.

Nidec's quarterly PensionAndRetirementBenefit increased from Sep. 2023 ($229 Mil) to Dec. 2023 ($239 Mil) but then declined from Dec. 2023 ($239 Mil) to Mar. 2024 ($229 Mil).

Nidec's annual PensionAndRetirementBenefit declined from Mar. 2022 ($308 Mil) to Mar. 2023 ($242 Mil) and declined from Mar. 2023 ($242 Mil) to Mar. 2024 ($229 Mil).

Nidec PensionAndRetirementBenefit Historical Data

The historical data trend for Nidec's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nidec PensionAndRetirementBenefit Chart

Nidec Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PensionAndRetirementBenefit

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288.64

291.66

308.37

241.93

229.24

Nidec Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PensionAndRetirementBenefit	Get a 7-Day Free Trial															241.93	238.07	229.25	238.62	229.24

Nidec PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Nidec (NJDCY) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NNDNF:USA NIDEC:Mexico 6594:Japan NIB:Germany NIB:Austria

Address

338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205

Website

http://www.nidec.com

Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations. Nidec sets an ambitious target to increase its revenue to JPY 3 trillion in fiscal 2025 from JPY 1.9 trillion in fiscal 2021.