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.
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