Nidec Process reported ordinary profit of ¥380 million for the June–August quarter (1Q), up 9.9% year on year, representing progress of 47.4% against its first-half forecast of ¥820 million. The operating margin for the past 3 months improved from 12.4% to 12.8%.
Nidec Process released its earnings after the market close on 30 September, reporting consolidated ordinary profit of ¥380 million for the June–August quarter (1Q), up 9.9% year on year. The first-half forecast was ¥820 million, representing progress of 47.4%. This was broadly in line with the five-year average progress rate of 48.5%.
The operating margin for the period improved to 12.8% from 12.4% in the same period a year earlier.
Nidec Process is sometimes compared with its industry peers, and Kabutan News has cited PCIHDO and others as related stocks. This article was prepared based on numerical data released by the company.