Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2025

Nidec Corporation (TOKYO:6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the period of April 1, 2025 through September 30, 2025.

The highlights are as follows:

• Sales: increased by 8.5 billion yen compared to the previous year, due to sales increase in the Automotive products business and the Appliance, Commercial and Industrial products business, though sales in the Machinery business struggled.
• Operating profit: decreased by 99.4 billion yen compared to the previous year due to a significant negative impact from specific factors in the Automotive products, including costs related to provision for loss on onerous contracts with customers, impairment losses in the Automotive products business, and settlement costs for claims for reimbursement from suppliers.
• Cash generation: remains healthy, with cumulative net cash provided by operating activities of 112.3 billion yen and free cash flow of 45.2 billion yen for the first half of the fiscal year.

(Note)

• The Third-Party Committee is still investigating suspected improper accounting.*
• Received an interim-review report containing disclaimer of opinion from the accounting auditors.
• The significant negative impact from specific factors on the Automotive products was disclosed in the first quarter as an adjusted subsequent events.

*If material misstatements that should be corrected are identified in the financial statements for the previous years and current fiscal year, those material misstatements will be made corrections appropriately, including corrections to the securities reports for the previous years and current fiscal year. Therefore, this financial information may also be revised.

Selected Consolidated Results of Operations (Unaudited) (IFRS-Based)

Yen in millions, except for per share amounts and percentages	Six months ended September 30,			Increase (Decrease) %		Three months ended September 30,			Increase (Decrease) %
	2025		2024			2025		2024
Net sales	1,302,303		1,293,811	0.7%		664,277		645,645	2.9%
Operating profit	21,107		120,474	(82.5) %		47,514		60,412	(21.4) %
Ratio of operating profit to net sales	1.6%		9.3%	-		7.2%		9.4%	-
Profit before income taxes	30,344		99,648	(69.5) %		58,115		21,242	173.6%
Ratio of profit before income taxes to net sales	2.3%		7.7%	-		8.7%		3.3%	-
Profit attributable to owners of the parent	31,191		75,377	(58.6) %		40,574		19,390	109.3%
Ratio of profit attributable to owners of the parent to net sales	2.4%		5.8%	-		6.1%		3.0%	-
Earnings per share attributable to owners of the parent - basic (Yen)	27.21		65.59	-		35.39		16.87	-
Earnings per share attributable to owners of the parent - diluted (Yen)	-		-	-		-		-	-

Full copy of Nidec’s financial statements for the second quarter and six months ended September 30, 2025:

https://nidec.g.kuroco-img.app/v=1763103946/files/topics/18937_ext_2_en_0.pdf

View source version on businesswire.com: https://www.businesswire.com/news/home/20251114926460/en/