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NIDEC, 19% Increase in Net Income, Update Record High for Second Consecutive Term, Dividend Effectively Increased

Thu Apr 24, 2025 3:30 pm JST Earnings

6594 NIDEC CORPORATION 【IFRS】

Earnings Report

NIDEC CORPORATION <6594> [TSE Prime] announced its financial results (based on IFRS) after the market closed on April 24th (15:30). The consolidated net income for the fiscal year ending March 2025 expanded 34.7% from the previous period to 167 billion yen. In the fiscal year ending March 2026, the profit is expected to grow by 19.3% to 200 billion yen, marking the second consecutive term of record-high profits. This will be the third consecutive term of profit growth.

At the same time, the annual dividend for this fiscal year is 42.5 yen, taking into account the previous year's forward stock split, this dividend represents an actual increase of 6.3%.

In the most recent three-month period, from January to March (4Q), the consolidated net income/loss turned to a profit of 33 billion yen (compared to a loss of 19.7 billion yen in the same period last year). The operating profit/loss margin drastically improved from -0.9% in the same period last year to 9.8%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,230,027 89,923 110,435 36,982 32.1 35 Apr 24, 2023 IFRS
Mar, 2024 2,347,159 161,856 201,669 124,455 108.3 37.50 Apr 23, 2024 IFRS
Mar, 2025 2,607,813 238,116 233,309 164,365 143.1 40 Apr 24, 2025 IFRS
YoY +11.1% +47.1% +15.7% +32.1% +32.1%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 2,500,000 240,000 250,000 185,000 161.1 40 Jul 23, 2024 IFRS
Mar, 2025 Results 2,607,813 238,116 233,309 164,365 143.1 40 Apr 24, 2025 IFRS
Revision Rate +4.3% -0.8% -6.7% -11.2% -11.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 1,293,811 120,474 99,648 75,377 65.6 20 Oct 23, 2024 IFRS
Apr - Sep, 2025 Guidance 1,280,000 120,000 125,000 92,000 80.3 20 Apr 24, 2025 IFRS
YoY -1.1% -0.4% +25.4% +22.1% +22.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 2,347,159 161,856 201,669 124,455 108.3 37.50 Apr 23, 2024 IFRS
Mar, 2025 2,607,813 238,116 233,309 164,365 143.1 40 Apr 24, 2025 IFRS
Mar, 2026 Guidance 2,600,000 260,000 270,000 200,000 174.5 42.50 Apr 24, 2025 IFRS
YoY -0.3% +9.2% +15.7% +21.7% +22.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 602,086 -5,248 10,142 -19,782 -17.2 -0.9 Apr 23, 2024 IFRS
Apr - Jun, 2024 648,166 60,062 78,406 55,987 48.7 9.3 Jul 23, 2024 IFRS
Jul - Sep, 2024 645,645 60,412 21,242 19,390 16.9 9.4 Oct 23, 2024 IFRS
Oct - Dec, 2024 652,153 55,062 82,884 59,238 51.6 8.4 Jan 23, 2025 IFRS
Jan - Mar, 2025 661,849 62,580 50,777 29,750 25.9 9.5 Apr 24, 2025 IFRS
YoY +9.9% － +400.7% － －

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