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  • Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2022

    Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2022


    KYOTO, Japan--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the period of April 1, 2022 through December 31, 2022.
    The highlights are as follows:
    Nine months net sales stood at record high of ¥1,699.7 billion, 20.8% higher Y/Y. Nine months operating profit decreased