Slide 1: Nidec Corporation First Quarter Fiscal 2023 Results
TSE: 6594 OTC US: NJDCY https://www.nidec.com/en/ Nidec Corporation First Quarter Fiscal 2023 Results Disclaimer Regarding Forward-looking Statements These presentation materials and the related discussions contain forward-looking statements including expectations, estimates, projections, plans and
Slide 2: Consolidated Profit/Loss; Product Group Overview
Consolidated Profit/Loss This slide includes forward-looking statements. See Disclaimer on Page 2. Millions of Yen, except FY2023 for percentages, EPS, Q1/FY2022 Q1/FY2023 Change and FX rates Forecast Net sales 540,369 566,055 +4.8% 2,200,000 Operating profit 44,660 60,152 +34.7% 220,000 Operating
Slide 3: Year-on-Year and Quarter-on-Quarter Changes
Year-on-Year Changes (Three Months Ended June 30, 2023) <Net Sales> (Billions of Yen) +23.3 +19.5 +3.9 +2.5 -19.8 -3.7 566.1 540.4 Q1/FY22 Exchange Small Precision Automotive Appliance, Machinery Electronic Commercial and Optical Q1/FY23 Rate Motors Products and Industrial Components Products and O
Slide 4: Consolidated Cash Flow; Summary of Q1 FY2023
Consolidated Cash Flow As quarterly operating CF keeps improving, Nidec targets record-high FCF in FY23. Operating CF Investment CF Free CF (Billions of Yen) 100 81.7 80 60 49.3 37.8 49.3 40 28.2 31.9 23.0 26.5 24.5 17.2 20 10.0 1.0 4.5 0 -2.8 -6.1 -6.8 -20 -17.0 -21.8 -22.0 -22.0 -40 -27.9 -34.3 -
Slide 5: Mid-Term Strategic Goal
Mid-Term Strategic Goal 9 Mid- to Long-Term Growth Target Sales and operating profit (FY2030) ¥10T sales targeted Net sales (FY2022) (FY2025) ¥2T sales ¥4T sales Operating profit achieved targeted Increase sales and (FY2014) profit through organic ¥1T sales achieved growth and M&As with a focus on
Slide 6: Mid-Term Strategic Goals Vision2025
Mid-Term Strategic GoalsVision2025 This slide includes forward-looking statements. See Disclaimer on Page 2. FY2025 4 trillion yen sales: Net sales: 4 trillion yen (Target) 3T yen (operating profit ratio of 15%) + 1T yen through M&A (Operating profit ratio) Breakdown of ¥4 trillion sales target (Tr
Slide 7: Appliance, Commercial and Industrial: Motion & Energy Business
Appliance, Commercial and Industrial : Motion & Energy Business Sales and profit of Appliance, Commercial and Industrial in FY23 will increase through Motion & Energy (Billions of Yen) <Annual sales of Appliance, Commercial and Industrial > <Annual profit of Appliance, Commercial and Industrial > (
Slide 8: Appliance, Commercial and Industrial: Battery Energy Storage Solutions (BESS)
Appliance, Commercial and Industrial : Battery Energy Storage Solutions (BESS) 7.4 GWh* of Nidec’s BESS installed or in execution over 135 projects in 27 countries <Global market size of BESS> <Countries and areas in Nidec’s BESS are installed> <Completion of establishing a joint venture (GWh) (for
Slide 9: Completion of Houma Armature Works
Appliance, Commercial and Industrial : Completion of Houma Armature Works Accelerate profitable growth through enhancing competitiveness in motors and generators <Outline of the New Subsidiary> <Main services/products> Company name TAR, LLC d/b/a Houma Armature Works 1. In-shop services 2. Field se
Slide 10: Automotive: Strategy for High Growth
Automotive: Strategy for High Growth This slide includes forward-looking statements. See Disclaimer on Page 2. Aiming to become No.1 automotive system company by anticipating the strong electrification demand boosted by CASE* mobility trends (Sales: Billions of Yen) <Vision 2025 in Automotive> (Ope
Slide 11: Automotive: Sales of Battery EV Related Business
Automotive: Sales of Battery EV Related Business Targeting ¥500 billion sales in FY25 by supplying traction motors only and other components in addition to E-Axles Sales of Battery EV related business <Component> (Billions of yen) 1,000 Model number with Component Deepal SL03 Nidec’s product is Ove
Slide 12: Automotive: Quarterly Results
Automotive: Quarterly Results Targeting a V-shaped recovery in FY23 after posting large structural reform expenses in the second half of FY22 <Quarterly net sales> <Quarterly operating profit and operating profit ratio> * <Auto> <Auto (Existing business)> (Operating profit (Operating profit: ratio:
Slide 13: Small Precision Motors: Thermal Solutions
Small Precision Motors: Thermal Solutions This slide includes forward-looking statements. See Disclaimer on Page 2. Demand for High Performance Computing (HPC) is increasing, as an Artificial Intelligence application such as ChatGPT expands <Product example: Liquid to liquid type> <Market size of H
Slide 14: Small Precision Motors: Quarterly Results
Small Precision Motors: Quarterly Results Preparing for mid-term growth while implementing WPR-X for short-term recovery HDD shipments (TAM*, Million units) 68 66 61 53 (Sales: Millions of Yen) (Operating profit ratio: %) 45 39 36 200,000 Sales of Other Small Motors (LHS) 33 31 25% Sales of HDD Mot
Slide 15: Other Product Groups: Quarterly Results
Other Product Groups: Quarterly Results Aiming to improve profitability in FY23 after posting structural reform expenses in Q4/FY22 Sales of Machinery (LHS) Sales of Electronic & Optical Components (LHS) (Sales: Millions of Yen) Sales of Others (LHS) Operating profit ratio of other product groups (
Slide 16: Appendix: Performance Trends & Product Group Overview
Appendix Performance Trends & Product Group Overview 31 New 5 Big Waves in a Post-Pandemic World Nidec’s business solutions that solve the common problems of humankind Traction motor Vapor chamber Heat pipe eVTOL Traction motor system (electric Vertical Take-Off （E-Axle） Landing vehicles) Fan 5G &
Slide 17: Sales by Product Group (Apr-Jun FY2023)
Sales by Product Group (Apr-Jun FY2023) 0.2% Others Music box products, Services (0.2%) Parenthetic percentages represent FY2022 mix Electronic & Optical Components Small Precision Motors 3.9% (3.6%) 16.9% Switches, sensors, lens units and camera shutters (20.6%) 12.5% (13.5%) HDD Motors Machinery
Slide 18: Financial Highlights
Automotive: Sales of Vehicles with Nidec’s E-Axle Sales of vehicles using our E-Axle grew 90% in FY20, 140% in FY21 and 138% in FY22 YoY <Auto sales of cars adopting Nidec’s E-Axle> (Source: Marklines) (Units) New model * * * *Zeekr001, smart and Aion Y use Nidec’s E-Axles partially. 35 Financial