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

The parent company also recognized impairments on subsidiary holdings and an allowance for doubtful subsidiary receivables.

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10/01/2026 - 07:47 AM

KYOTO, Japan--(BUSINESS WIRE)-- 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)	Increase (Decrease) %	2026	2025 (Restated)	Increase (Decrease)%
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 - basic (Yen)_{------------------------------------------------------------------}	(492.55)	73.69	-	(526.68)	(30.41)	-
Earnings per share attributable to owners of the parent - diluted (Yen)_{---------------------------------------------------------------}	-	-	-	-	-	-