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Nidec (6594) · FactUpdated product-group margin data

Operating margin above 10% in automotive and home appliance, commercial and industrial businesses

First written in FY2016. 1 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2026-H1.

5entries
10years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2016AdvancedFY2021OtherFY2024-Q1 – FY2026-H12016: 120162017: 020172018: 020182019: 020192020: 020202021: 120212022: 020222023: 120232024: 120242025: 12025
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  1. FY2026-H1Updated product-group margin dataAnnual report

    「Sales of the Automotive product group rose 1.6% year on year to ¥335,928 million. Operating loss was ¥82,849 million, a year-on-year decline of ¥102,421 million, reflecting the recognition during the interim consolidated accounting period of a provision for contract losses of ¥36,471 million, impairment losses on non-financial assets of ¥31,674 million, and a liability of ¥19,495 million related to the settlement of a reimbursement claim from a supplier.」

    The Automotive product group posted an operating loss despite higher sales, due to the provision for contract losses, impairment losses and the liability related to the reimbursement claim.
  2. FY2024-Q3Updated product-group margin dataAnnual report

    「Sales of the Automotive product group rose 10.1% year on year to ¥434,166 million, as the business steadily captured the recovery in global vehicle production despite stronger-than-expected intensification of competition in the Chinese EV market.」

    Operating profit was ¥22,467 million for the Automotive product group and ¥85,982 million for the Consumer, Commercial and Industrial product group, updating the profit margin results by product group.
  3. FY2024-Q1Updated product-group margin dataAnnual report

    「Operating profit rose ¥11,060 million year on year to ¥11,028 million, due to improved product mix in traction motor systems (E-Axle), substantial fixed-cost reductions and other factors, restoring the operating margin to 8.0%. The operating margin also improved sharply to 12.9% in the first quarter.」

    The company disclosed that the Automotive operating margin improved to 8.0% and the Consumer, Commercial and Industrial operating margin to 12.9%.
  4. FY2021AdvancedAnnual report

    「As a result, the company maintained an operating margin above 10%, excluding restructuring costs, in both the third and fourth quarters consecutively.」

    The Automotive and Consumer, Commercial and Industrial product groups maintained operating margins above 10%, excluding restructuring costs, consecutively in the third and fourth quarters.
  5. FY2016First statedAnnual report

    「The quarterly operating margin of Automotive and Home Appliance, Commercial and Industrial exceeded 10% for the first time in the fourth quarter.」

    The quarterly operating margin of this business group exceeded 10% for the first time in the fourth quarter.
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Operating margin above 10% in automotive and home appliance, commercial and industrial businesses | NIDEC CORPORATION (6594) | Komori