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Japan's Nidec posts rise of 2.3% in first-quarter operating profit

Published by Global Banking and Finance Review

Posted on July 24, 2025

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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)

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