Nidec Corp Adr (NJDCY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I would like to start the presentation on NIDEC Corporation's performance for the fiscal year that ended March 31st of 2025. The representatives of NIDEC Corporation are as follows. Mr. Mitsuya Kishida, President and Chief Executive Officer. Mr. Kinobu Samura, Senior Vice President and Chief Financial Officer. And I am Teruaki Urago, General Manager of the Investor Relations Department, and I will serve as the moderator of this presentation. First, we would like to have the presentation by Mr. Samura on the overview of this financial performance, followed by a presentation on the third year plan by Mr. Kishida. Then we will have a question and answer session. Please make sure to wait until then to ask your questions. We would like to end this presentation at 6.30 p.m. Japan time. Mr. Samura, please. This is Samura speaking. I would like to give you an overview of the financial performance of NIO Corporation first. Net sales, 2.6071 trillion yen, which is 11.1% up from the previous fiscal year. Operating profit was up 48.4% to 240.2 billion yen, which is another record high result. And the profit before income tax was up 17.3% to 236.5 billion yen. And the profit attributable to the owner of the parent was up 34.7% to 167.7 billion yen. Next, I'd like to give an overview by a product group. The first one is about small precision motors. The operation has been very stable, and the demand was for AI water cooling server. There was a period in between active periods, and compared with Q3, there was a decline in sales, but eventually the operating profit was up from the previous fiscal year. Next, automotive products. We have been able to have the increased sales and operating profit. Even traction motor business was OK in China. It was continuously OK in China. European ...