Nidec Announces Financial Results for Fiscal Year Ended March 31, 2026
Nidec Announces Financial Results for Fiscal Year Ended March 31, 2026
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
Teruaki Urago
General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20261001020899/en/
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
2 Undervalued Stocks to Buy Before They Rebound
The 10 Best Dividend Stocks
12 Best Blue-Chip Stocks to Buy for the Long Term
United States