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