Nidec Corporation First Quarter Fiscal 2022 Results(Three Months Ended June 30,2022)_2

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Nidec Corporation First Quarter Fiscal 2022 Results(Three Months Ended June 30,2022)_2

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  • Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2022

    Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2022

    Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2022.
    The highlights are as follows:
     Net sales increased 20.8% Y/Y to ¥540.4 billion, marking a record high on a quarterly basis.  Operating profit increased 0.2% Y/Y to ¥44.7 billion.  Profit b

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