KYOTO, Japan, October 01, 2026--(BUSINESS WIRE)--Nidec Corporation (TOKYO:6594) (OTC US: NJDCY) announced its consolidated financial results under the International Financial Reporting Standards ("IFRS") for the fiscal year ended March 31, 2026.
The highlights are as follows:
- | Consolidated net sales increased Y/Y. In particular, MOEN (Appliance, commercial and industrial products) performed strongly, led by alternators, supported by robust demand for data centers in North America. | |
- | Recording of large impairment losses resulted in a consolidated operating loss. | |
- | Major impairment losses: | |
ACIM -298.8 billion yen | ||
NPe (NIDEC PSA EMOTORS SAS) -116.3 billion yen | ||
NMOJ (NIDEC MOBILITY CORPORATION) -73.1 billion yen | ||
- | Due to the recognition of significant impairment losses at consolidated subsidiaries, Nidec Corp., the parent company, recognized significant impairment losses | |
Recognition of impairment losses on shares of subsidiaries and investments held by Nidec Corp. | ||
Provision for allowance for doubtful accounts regarding receivables from subsidiaries, etc. |
Selected Consolidated Results of Operations (IFRS-Based)
Yen in millions, except for per share amounts and percentages | Year ended March 31, | Increase (Decrease) % | Three months ended March 31, | Increase (Decrease)% | ||
2026 | 2025 (Restated) | 2026 | 2025 (Restated) | |||
Net sales------------------------------------------------------------------------------------- | 2,708,705 | 2,606,347 | 3.9% | 722,348 | 665,846 | 8.5% |
Operating profit-------------------------------------------------------------- | (518,978) | 128,222 | - | (634,713) | (34,117) | - |
Ratio of operating profit to net sales----------------------- | (19.2%) | 4.9% | - | (87.9%) | (5.1%) | - |
Profit before income taxes-------------------------------------------- | (496,214) | 124,576 | - | (633,650) | (42,314) | - |
Ratio of profit before income taxes to net sales----- | (18.3%) | 4.8% | - | (87.7%) | (6.4%) | - |
Profit attributable to owners of the parent------------------- | (564,624) | 84,672 | - | (603,741) | (42,713) | - |
Ratio of profit attributable to owners of the parent to net sales---------------------------------------------------------------------- | (20.8%) | 3.2% | - | (83.6%) | (6.4%) | - |
Earnings per share attributable to owners of the parent | (492.55) | 73.69 | - | (526.68) | (30.41) | - |
Earnings per share attributable to owners of the parent | - | - | - | - | - | - |
Full copy of Nidec's financial statements for the fiscal year ended March 31, 2026:
https://www.nidec.com/files/user/www-nidec-com/corporate/news/2026/0930-10/260930-10en.pdf
View source version on businesswire.com: https://www.businesswire.com/news/home/20261001020899/en/
Contacts
Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com