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  "documentTitle": "Nidec Corp. (6594 JP)",
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  "authorName": "Carson C. Block",
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  "presentationDate": "2016-12-13 00:00:00",
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  "notes": "Includes a sensitivity table for implied stock downside and specific peer group data for HDD and AACI sectors.",
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      "text": "Implied Stock Downside",
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      "text": "EV/EBITDA: 52%",
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      "text": "*Data from Bloomberg and CapiQ **Western Digital EBITDA adjusted for SNDK acquisition",
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      "text": "AACI Comparables EV/EBITDA: Autos (Denso 6.2x, Continental 7.0x, Delphi 10.0x, Visteon 8.9x, Valeo 7.8x), Appliances (Whirlpool 8.4x, Electrolux 7.4x), Average 7.9x",
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      "text": "HDD Comparables EV/EBITDA: Minebea 7.3x, Seagate 7.6x, Western Digital 5.8x, TDK 6.5x, Average 6.8x",
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