What is driving the move in 6594.T stock today?

6594.T stock moved after Nidec disclosed a third-party probe and a potential **$1.6 billion** writedown. The company also cancelled its year-end dividend, raising near-term uncertainty for earnings and cash returns.

How does Nidec’s valuation compare for 6594.T stock?

6594.T stock trades at a P/E of **21.61** and price-to-sales of **0.99**, above the Industrials sector P/E of **18.79**. That signals a premium for growth but higher sensitivity to earnings hits.

What is Meyka AI’s near-term forecast for 6594.T stock?

Meyka AI's forecast model projects **¥2,351.70** for 6594.T stock over the next quarter. This implies about **-3.42%** versus the current **¥2,435.00**, and is a model-based projection, not a guarantee.

What should investors monitor next for 6594.T stock?

Investors should watch Nidec’s final earnings, any financial restatements, committee follow-ups, and order trends in EV and industrial markets. Those items will shape 6594.T stock’s price recovery or further decline.

JP Stocks

6594.T Nidec (JPX) flags $1.6B writedown on earnings: after-hours 04 Mar 2026 outlook

ByDanny Kontos March 4, 2026

6594.T stock dropped in after-hours trade after Nidec Corporation said a third-party probe found possible accounting problems and flagged a potential $1.6 billion writedown. The company also decided to forgo a year-end dividend, increasing uncertainty ahead of earnings disclosure. We review price action, valuation, and what the accounting shock means for investors in Japan’s JPX-listed Nidec.