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  • Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2023

    Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2023

    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, 2023 through September 30, 2023.
    The highlights are as follows:
    First half net sales stood at a record high of ¥1,160.7 billion, 2.6% higher Y/Y. First half operating profit increased 20.1% Y/