Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2017
2018年1月24日 - 3:15PM
Nidec Corporation (TSE:6594) (OTC US:NJDCY) today announced its
consolidated financial results under the International Financial
Reporting Standards (“IFRS”) for the period of April 1, 2017
through December 31, 2017.
The highlights are as follows:
- Record-high nine months net sales, operating profit, profit
before income taxes and profit attributable to owners of the
parent
- Record-high three months net sales, operating profit, profit
before income taxes and profit attributable to owners of the
parent
- EPS: 320.06 yen (basic and diluted)
Selected Consolidated Results of
Operations (Unaudited)
Yen in
millions, except for per share amounts and percentages |
Nine months ended December 31, |
Increase(Decrease)% |
Three months ended December 31, |
Increase(Decrease)% |
|
2017 |
2016 |
2017 |
2016 |
Net
sales |
1,105,921 |
|
868,228 |
|
27.4 |
% |
390,031 |
|
304,198 |
|
28.2 |
% |
Operating profit |
127,127 |
|
106,173 |
|
19.7 |
% |
44,678 |
|
37,188 |
|
20.1 |
% |
Ratio of operating profit to net sales |
11.5 |
% |
12.2 |
% |
- |
|
11.5 |
% |
12.2 |
% |
- |
|
Profit before income taxes |
119,723 |
|
107,747 |
|
11.1 |
% |
43,256 |
|
41,473 |
|
4.3 |
% |
Ratio of profit before income taxes to net sales |
10.8 |
% |
12.4 |
% |
- |
|
11.1 |
% |
13.6 |
% |
- |
|
Profit attributable to owners of the parent |
94,763 |
|
81,617 |
|
16.1 |
% |
34,776 |
|
31,523 |
|
10.3 |
% |
Ratio of profit attributable to owners of the parent to net
sales |
8.6 |
% |
9.4 |
% |
- |
|
8.9 |
% |
10.4 |
% |
- |
|
Earnings per share attributable to owners of the parent -Basic |
320.06 |
|
275.18 |
|
- |
|
117.46 |
|
106.28 |
|
- |
|
Earnings per share attributable to owners of the parent
-Diluted |
320.06 |
|
275.18 |
|
- |
|
117.46 |
|
106.28 |
|
- |
|
Full copy of Nidec’s financial statements for
the third quarter and nine months ended December 31,
2017:http://www.nidec.com/en-Global/ir/news/2018/news0124-02/
A conference call webcast (audio-only,
user-control slides attached) discussing Nidec’s financial results
for the third quarter and nine months ended December 31, 2017 is
scheduled for 09:00 a.m. EST on Wednesday, January 24, 2018. To
listen to the webcast, please visit Nidec website at:
http://www.nidec.com/en-Global/ir/calendar/schedule/archive/FY17Q3/
About Nidec
CorporationNidec Corporation (TSE:6594) (OTC
US:NJDCY) is a global leader in electric motor drive technology.
For the nine months ended December 31, 2017, 34.5% of its
consolidated sales were represented by appliance, commercial and
industrial products; 31.2% by small precision motors; 19.6% by
automotive products; 9.6% by machinery; 4.9% by electronic and
optical components, and 0.3% by the remaining product lines. Nidec
was founded in Kyoto, Japan in 1973 by Shigenobu Nagamori, its
current President and CEO.
Contact:Masahiro NagayasuGeneral ManagerInvestor
Relations +81-75-935-6140ir@nidec.com