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15.11.25 - 06:36
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Nidec Posts 82 Pct Profit Drop on Automotive Biz Losses (Nippon)
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Tokyo, Nov. 15 (Jiji Press)--Japanese motor giant Nidec Corp. has said that its consolidated operating profit fell 82.5 pct from a year earlier to 21.1 billion yen for the six months to September, hurt by massive losses at its automotive products business. Net profit dropped 58.6 pct to 31.2 billion yen, according to an announcement made on Friday. Nidec again stopped short of disclosing its......
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14.11.25 - 13:27
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Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2025 (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--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, 2025 through September 30, 2025.
The highlights are as follows:
Sales: increased by 8.5 billion yen compared to the previous year, due to sales increase in the Automotive products business and the Appliance, Commercial and Industrial products business, though sales in the Machinery business struggled.
Operating profit: decreased by 99.4 billion yen compared to the previous year due to a significant negative impact from specific factors in the Automotive products, including costs related to provision for loss on onerous contracts with customers, impairment losses in the Automotive products business, and settlement costs for claims for reimbursement from suppliers.
Cash generation: remains healthy, with cumulative net cash provided by operating activities of 112.3 billion yen and free cas...
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14.11.25 - 13:00
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Nidec Announces Financial Results for Fiscal First Quarter Ended June 30, 2025 (Business Wire)
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KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated results under the International Financial Reporting Standards (“IFRS”) for the three-month period ended June 30, 2025.
(Note)
The figures in these materials listed in this item do not take into account the impact on the consolidated financial statements from the ongoing investigation by the third-party committee and other internal investigations and may be revised based on the results of the investigation.
Selected Consolidated Results of Operations (Unaudited) (IFRS-Based)
Yen in millions except for per share amounts and percentages
Three months ended
June 30
Increase
(Decrease)
%
2025
2025
Preliminary
report*
2024
Net sales
638,026
637,899
648,166
(1.6) %
Operating profit
(26,407)
61,450
60,062
-
Ratio of operating profit to net sales
(4.1) %
9.6%
9.3%
-
Profit before income taxes
(27,771)
58,951
78,406
-
Ratio of profit before income taxes to net sales
(4.4) %
-
12.1%
-
Profit...
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