Nidec Corp

6594: XTKS (JPN)
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Nidec Earnings: Accelerates Transformation to Improve Future Profitability; Fair Value Reduced by 5%

Nidec reported December-quarter results, with revenue up 9.8% year on year. Meanwhile, cumulative operating income for the three quarters was JPY 175.5 billion, slightly behind the full-year guidance of JPY 240 billion.

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