Nidec Posts Record Annual Sales, Profit
Kyoto, April 25 (Jiji Press)--Nidec Corp. said Thursday that its consolidated sales and net profit both hit a record high in the year that ended in March thanks to strong demand for hard disk drive motors for data center servers for artificial intelligence.
The Japanese precision motor maker posted a net profit of 167,688 million yen, up 34.7 pct from the previous year, on sales of 2,607 billion yen, up 11.1 pct.
(2025/04/25-10:29)
To read a full story, please click here to find out how to subscribe.
BUSINESS
-
04/25 13:18 INTERVIEW: Seven & i to Avoid Takeover Bids with Growth -
04/25 10:29 Nidec Posts Record Annual Sales, Profit - 04/24 23:12 China's BYD to Enter Japanese Electric Minivehicle Market
- 04/24 22:07 8 Japan Automakers' Domestic Output Down 2.7 Pct in FY 2024
- 04/24 22:00 (Update) Nissan Braces for Up to 750 B. Yen in Net Loss for FY 2024
- 04/24 21:01 Nissan Braces for Up to 750 B. Yen in Net Loss for FY 2024
- 04/24 17:05 Mitsubishi Chemical to Quit Fiber Dyeing Biz
- 04/24 16:10 2 Regional Lenders in Japan Agree to Merge in 2027
- 04/24 15:00 (Update) Toyota's Global Vehicle Sales Fall in Fiscal 2024
- 04/24 13:47 Toyota's Global Vehicle Sales Fall in Fiscal 2024
- 04/24 13:18 INTERVIEW: KDDI Aims to Use Direct Satellite Link for Drones
- 04/24 12:29 Osamu Suzuki Center to Open in India to Honor Late Chm.
- 04/24 11:16 Toyota to Invest 88 M. Dollars in West Virginia Plant
- 04/24 10:45 Applications for Nintendo Switch 2 Exceed Expectations
- 04/23 22:28 Japan Lenders Daishi Hokuetsu, Gunma Mulling Biz Integration
- 04/23 17:37 Japan's Horiba to Establish Production Base in Malaysia
- 04/23 16:18 MUFG Bank Hit by System Glitch
- 04/23 10:38 Fujitsu, Riken Develop World-Leading Quantum Computer
- 04/22 20:17 Nissan to Launch Fully Remodeled Elgrand in FY 2026
- 04/22 19:52 Hino, Mitsubishi Fuso to Finalize Merger Agreement
- 04/22 17:19 Casio Computer to Promote Takano to President
- 04/22 12:23 (Update) Nomura to Acquire Macquarie's U.S., Europe Asset Management Biz
- 04/22 09:26 Nomura to Acquire Macquarie's U.S., European Asset Management Biz
- 04/21 21:35 (Update) Central Tokyo Condo Price Tops 100 M. Yen for 2nd Year
- 04/21 19:39 Miffy Wonder Square to Open at Huis Ten Bosch
- 04/21 18:40 Unicharm Lectures Panasonic Unit's Workers on Fertility
- 04/21 18:16 Iris Ohyama to Boost Production Capacity in U.S.
- 04/21 16:35 Central Tokyo Condo Price Tops 100 M. Yen for 2nd Year
- 04/21 12:10 INTERVIEW: Norinchukin Bank to Diversify Investment Portfolio
- 04/18 15:18 Renault Chairman Senard to Step Down from Nissan Board
