Nidec Corporation · TSE:6594
Nidec — Q3 2024 Earnings Presentation
17 slides from Nidec's earnings presentation, Jan 25, 2024
Slide 1: Third Quarter Fiscal 2024 Results
TSE: 6594 OTC US: NJDCY https://www.nidec.com/en/ Nidec Corporation Third Quarter Fiscal 2024 Results Three and Nine Months Ended December 31, 2024 <IFRS> Disclaimer Regarding Forward-looking Statements These presentation materials and the related discussions contain forward-looking statements inclu
Slide 2: Consolidated Profit/Loss and Product Group Overview
Consolidated Profit/Loss This slide includes forward-looking statements. See Disclaimer on Page 2. Billions of Yen, except for Q3/FY2023 FY24 percentages, EPS, and FX rates Q3/FY2024 Change (Apr-Dec) Forecast Net sales 1,745.1 1,946.0 +11.5% 2,500.0 Operating profit 167.1 175.5 +5.0% 240.0 Operatin
Slide 3: Year-on-Year and Quarter-on-Quarter Changes
Year-on-Year Changes (Nine Months Ended December 31, 2024) <Net Sales> (Billions of Yen) +39.8 +17.0 +10.4 +0.9 +91.5 +41.3 1,946.0 1,745.1 Q3/FY23 Exchange Small Precision Automotive Appliance, Electronic Q3/FY24 Machinery Rate Motors Products Commercial and and Optical <Operating Profit> Industri
Slide 4: Promoting Cash Flow Management and Summary of Q3 FY2024
Promoting Cash Flow Management Aiming to enhance cash flow generating ability to maximize corporate value (Balanced cash allocation to growth investment, shareholder return and interest-bearing debt control) (Billions of yen) <Quarterly Results> <Cumulative Total> (Billions of yen) Operating CF Inv
Slide 5: Topics of Q3: HDD Market and AI Society
Topics of Q3 9 Small Precision Motors: HDD Market Product Mix Improvement Driven By Increasing Data Center Demand Better Life & Base of AI Society This slide includes forward-looking statements. See Disclaimer on Page 2. HDD shipment has been increasing after bottoming out in CY23. HDD revenue grow
Slide 6: Small Precision Motors: HDD Motors Product Mix Improvement
Small Precision Motors: Nidec’s HDD Motors Product Mix Improvement Base of AI Society Product mix improvement that started in Q1 FY23 is distinctive in sales amount <Change in Sales Amount> <Change in Sales Volume> HDD Motors (LHS) Nearline Usage (LHS) HDD Motors (LHS) Nearline Usage (LHS) Nearline
Slide 7: Five Business Pillars and IOWN Participation
Participation in IOWN* Global Forum *Innovative Optical and Wireless Network Contribute to realization of better society through capturing expanding business opportunity driven by next-generation information and communication technology Low power Large capacity Reduced delay of consumption /high qu
Slide 8: Machine Tool Strategy: Tender Offer for Makino Milling Machine
Machinery: Efficient Strategy of Machine Tool Business - Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. Manufacturing To become the world’s leading machine tool manufacturer, and grow together as a solution-providing corporate group Business Strategies Makino Nidec Mach
Slide 9: Direction of Three-Year Strategy to FY27
Continue to Challenge Beyond Existing Boundaries – Direction of Three-Year Strategy to FY27 We further into a global company by leveraging the strength such as business, technology and human resources built over the past 50 years By utilizing strengths beyond the boundaries of existing business u
Slide 10: Appendix: Performance Trends and Vision2025 Goals
Appendix Performance Trends & Product Group Overview 19 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 (Trillions
Slide 11: Small Precision Motors: Sub-Segment and Quarterly Results
Small Precision Motors: Sub-Segment Results and Year-on-Year Changes This slide includes forward-looking statements. See Disclaimer on Page 2. Demand for IT-related products has been slowly recovering since mid-FY23. We are starting a new business in generative AI area. <Sales by sub-segments of Sm
Slide 12: Automotive: Quarterly Results
Automotive: Wide Variety of Products Ranging from Motors to Other Components 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 portfolio
Slide 13: Appliance, Commercial and Industrial: Sub-Segment Results
Appliance, Commercial and Industrial: Sub-Segment Results and Changes This slide includes forward-looking statements. See Disclaimer on Page 2. The growth drivers of New ACIM and MOEN enable Appliance, Commercial and Industrial to aim for OPM of 15% going forward after solidified double-digit OPM <
Slide 14: Appliance, Commercial and Industrial: MOEN and Quarterly Results
Appliance, Commercial and Industrial: Sales Breakdown and Results Changes of MOEN This slide includes forward-looking statements. See Disclaimer on Page 2. Steady demand for commercial and infrastructure related products continues. We aim to achieve steady improvement of profitability <Sales portfo
Slide 15: Other Product Group: Segment and Quarterly Results
Other Product Group: Segment Results and Changes This slide includes forward-looking statements. See Disclaimer on Page 2. Launching Machinery and Automation Business Unit in FY23 handling reducers, press machines and machine tools to drive the growth of machinery business <Changes of sales and ope
Slide 16: Sales by Product Group and Quarterly Net Sales
Sales by Product Group (Apr-Dec FY2024) Music box products, Services 0.2% (0.2%) Others Parenthetic percentages represent FY2023 mix Electronic & Optical Small Precision Motors Components 3.4% (3.6%) 18.9% Switches, sensors, lens units and camera shutters (17.8%) 12.0% HDD Motors (12.4%) 3.9% Machi
Slide 17: Financial Highlights
Financial Highlights This slide includes forward-looking statements. See Disclaimer on Page 2. <Consolidated Net Sales and Operating Profit> <Profit Before Income Taxes and Profit Attributable to Owners of the Parent> (Billions of yen) (Billions of yen) Net sales Operating profit Operating profit r