Published by Global Banking & Finance Review®
Posted on July 24, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleNidec reported a 2.3% increase in Q1 operating profit to 61.45 billion yen, surpassing analyst expectations. The Kyoto-based company maintains its full-year forecast.
TOKYO (Reuters) -Japanese electric motor maker Nidec reported on Thursday 61.45 billion yen ($420.60 million) in preliminary first-quarter operating profit, up 2.3% from the year-earlier period.
The result for the quarter ended June compared with an estimate of 60.18 billion yen in average profit from a survey of six analysts by LSEG.
The Kyoto-based firm stuck with its full-year operating profit forecast of 260 billion yen.
($1=146.2200 yen)
(Reporting by Satoshi Sugiyama)
Nidec reported a preliminary first-quarter operating profit of 61.45 billion yen, which is approximately $420.60 million.
The operating profit is up 2.3% from the year-earlier period.
The average profit estimate from a survey of six analysts was 60.18 billion yen.
Nidec has maintained its full-year operating profit forecast at 260 billion yen.
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