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  • Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2023

    Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2023

    KYOTO, Japan--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2023.
    The highlights are as follows:
    Net sales increased 4.8% Y/Y to ¥566.1 billion. Operating profit increased 34.7% Y/Y to ¥60.2 billion, marking a record high on a quarterly basis. P

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