Nidec Corp. (NJ) reported profit to owners of parent of 145.9 billion yen for the nine months ended December 31, 2023, up 40.2% from last year. Basic earnings per share was 253.93 yen compared to 180.72 yen.
For the nine month period, net sales were 1.75 trillion yen, up 3.2% from prior year.
For the year ending March 31, 2024, the company expects: net sales 2.3 trillion yen; and basic earnings per share of 234.95 yen.
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