Nidec Corporation Fiscal 2021 Financial Results(Fiscal Year Ended March 31,2022)

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Nidec Corporation Fiscal 2021 Financial Results(Fiscal Year Ended March 31,2022)

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  • Nidec Announces Financial Results for Fiscal Year Ended March 31, 2022

    Nidec Announces Financial Results for Fiscal Year Ended March 31, 2022

    Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the fiscal year ended March 31, 2022.
    The highlights are as follows:
    Net sales stood at a record high of ¥1,918.2 billion, 18.5% higher Y/Y. Operating profit and profit before income taxes increased 7.2% Y/Y to ¥171.5 billion, 1

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