Is NIDEC CORP (NJDCY) Halal?

NYSE Industrials Japan $17.9B
✗ NOT HALAL
Confidence: 90/100
NIDEC CORP (NJDCY) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 3558.9% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. NIDEC CORP operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3558.9%
/ 30%
1385.0%
/ 30%
3951.3%
/ 30%
1.41%
/ 5%
✗ NOT HALAL
DJIM 3558.9%
/ 33%
1385.0%
/ 33%
3951.3%
/ 33%
1.41%
/ 5%
✗ NOT HALAL
MSCI 19.1%
/ 33%
7.4%
/ 33%
21.2%
/ 33%
1.41%
/ 5%
✓ HALAL
S&P 3558.9%
/ 33%
1385.0%
/ 33%
3951.3%
/ 33%
1.41%
/ 5%
✗ NOT HALAL
FTSE 19.1%
/ 33%
7.4%
/ 33%
21.2%
/ 50%
1.41%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
22.8
Forward: 10.7
EPS
$0.16
Dividend Yield
212.0%
Payout: 19.8%
P/B Ratio
0.4
EV/EBITDA
1.6
EV: $387.5B
Revenue
$2.6T
Growth: 2.9%
Beta
0.8
Average volatility
Current Ratio
1.6

Profitability

Gross Margin 19.4%
Operating Margin 7.2%
Net Margin 4.6%
Return on Equity (ROE) 6.3%
Return on Assets (ROA) 2.4%

Cash Flow & Balance Sheet

Operating Cash Flow$284.4B
Free Cash Flow$135.6B
Total Debt$636.0B
Debt-to-Equity40.1
Current Ratio1.6
Total Assets$3.3T

Price & Trading

Last Close$3.73
50-Day MA$3.59
200-Day MA$3.99
Avg Volume49K
Beta0.8
52-Week Range
$1.84
$5.70

About NIDEC CORP (NJDCY)

CEO
Mitsuya Kishida
Employees
104,285
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Japan
Exchange
NYSE
Market Cap
$17.9B
Currency
USD

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, fans and blowers, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, as well as mold, molding, cutting, and machining components. Its products are used for applications in robotics, IoT products, home appliances, automotive components, logistics/agriculture, information technology, office automation, mobile optical components, medical and health care products, housing equipment, commercial and professional products, industrial machinery, and processing/inspection equipment. The company was incorporated in 1973 and is headquartered in Kyoto, Japan.

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Frequently Asked Questions

Is NIDEC CORP (NJDCY) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), NIDEC CORP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is NIDEC CORP's debt ratio?

NIDEC CORP's debt ratio is 3558.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 19.1%.

What are NIDEC CORP's key financial metrics?

NIDEC CORP has a market capitalization of $17.9B, trailing P/E ratio of 22.8, and revenue of $2.6T. The company maintains a gross margin of 19.4% and a net margin of 4.6%. Return on equity stands at 6.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.