Nidec Corp
6594: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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Nidec Earnings: Continued Focus on Improving Profitability and Organizational Efficiency
Nidec's operating income for fiscal 2024 (ending March 2025) was JPY 240 billion, up 48% from the previous year, due to the removal of large restructuring charges in the previous year, a recovery in hard disk drive motor sales driven by data center demand, and progress in improving profitability.
