Nidec Announces its Revision of Upward Consolidated Fiscal First-Half and Year-End Financial Forecasts for the Year Ending March 31, 2025
The details are as follows:
1. Revised consolidated financial forecasts (IFRS) for the six months ending
From |
|||||
|
For the six months ending |
(Reference)
ended September 30, 2023 |
|||
|
Previous
( |
Revised Forecast |
Change |
||
Amount |
Percent |
||||
Net sales |
1,140,000 |
1,300,000 |
160,000 |
14.0% |
1,157,448 |
Operating profit |
100,000 |
115,000 |
15,000 |
15.0% |
115,309 |
Profit before income
|
95,000 |
130,000 |
35,000 |
36.8% |
144,886 |
Profit attributable to
|
74,000 |
97,000 |
23,000 |
31.1% |
105,710 |
Earnings per share
|
128.79 |
168.81 |
- |
- |
183.97 |
(Note) Each of the shares of the Company’s common stock held by shareholders included or recorded in the final register of shareholders as of the record date of |
2. Revised consolidated financial forecasts (IFRS) for the year ending
From |
|||||
|
For the year ending |
(Reference)
|
|||
|
Previous
( |
Revised Forecast |
Change |
||
Amount |
Percent |
||||
Net sales |
2,400,000 |
2,500,000 |
100,000 |
4.2% |
2,347,159 |
Operating profit |
230,000 |
240,000 |
10,000 |
4.3% |
162,554 |
Profit before income
|
220,000 |
250,000 |
30,000 |
13.6% |
202,367 |
Profit attributable to
|
165,000 |
185,000 |
20,000 |
12.1% |
124,899 |
Earnings per share
|
287.16 |
321.96 |
- |
- |
217.37 |
(Note) Assuming that the Stock split was conducted at the beginning of the fiscal 2023, the earnings per share attributable to owners of the parent for the fiscal 2024 is \160.98. |
3. Reasons for the revision for the financial forecast
As a result, the financial results for the three months ended
Notes: |
|
(1) |
The provided financial forecast assumes the exchange rates of ¥145 against the |
(2) |
During the three months ended |
Cautionary Statement Concerning Forward-Looking Information
This press release contains forward-looking statements including expectations, estimates, projections, plans, and strategies. Such forward-looking statements are based on management’s assumptions and beliefs in light of the information currently available. Certain risks, uncertainties and other factors could cause actual results to differ materially from those discussed in the forward-looking statements. Such risks and uncertainties include, but are not limited to, changes in customer circumstances and demand, exchange rate fluctuations, and the Nidec Group’s ability to design, develop, mass produce and win acceptance of its products and to acquire and successfully integrate companies with complementary technologies and product lines. Please see other disclosure documents filed or published by the
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General Manager
Investor Relations
+81-75-935-6140
ir@nidec.com
Source: