Nidec Announces Financial Results for Fiscal Year Ended March 31, 2026

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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.

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Recording of large impairment losses resulted in a consolidated operating loss.

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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

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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.

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

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(634,713)

(34,117)

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Ratio of operating profit to net sales_{-----------------------}

(19.2%)

4.9%

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(87.9%)

(5.1%)

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Profit before income taxes_{--------------------------------------------}

(496,214)

124,576

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(633,650)

(42,314)

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Ratio of profit before income taxes to net sales_-----

(18.3%)

4.8%

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(87.7%)

(6.4%)

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Profit attributable to owners of the parent_{-------------------}

(564,624)

84,672

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(603,741)

(42,713)

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Ratio of profit attributable to owners of the parent to net sales_{----------------------------------------------------------------------}

(20.8%)

3.2%

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(83.6%)

(6.4%)

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Earnings per share attributable to owners of the parent
- basic (Yen)_{------------------------------------------------------------------}

(492.55)

73.69

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(526.68)

(30.41)

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Earnings per share attributable to owners of the parent
- diluted (Yen)_{---------------------------------------------------------------}

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