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Topics: Economy, Finance

  • 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

  • Nidec announced its first-quarter financial results and the mid-term strategic goal Vision2025

    Nidec announced its first-quarter financial results and the mid-term strategic goal Vision2025

    Nidec Corporation ― the world's No.1 comprehensive motor manufacturer ― announced its first-quarter financial results and the mid-term strategic goal Vision2025.
    Download the full presentation


    Summary of Q1 FY2021

    Net sales stood at a record high of ¥447.5 billion, 32.8% higher Y/Y. Operating profit significantly increased 60.3% Y/Y to ¥44.6 billion.
    Q1 q

  • Nidec Founder Nagamori Talks about the Company’s Financial Situation and Strategy Moving Forward

    Nidec Founder Nagamori Talks about the Company’s Financial Situation and Strategy Moving Forward

    Following the announcement of Nidec’s financial results for the fiscal first half of 2018, the company’s founder and chairman, Shigenobu Nagamori, met with investors in Tokyo to discuss the company’s financial situation and its strategy moving forward. Nidec recently recorded its highest net sales and operating profit, among other figures, on a first-half and quarterly basis.