Nidec, a major electronic component company, reported its financial results for three months until last month, as sales of parts for personal computers were strong and profits were boosted by the depreciation of the yen. , It was the highest ever for this period.
According to Nidec’s financial results for the entire group for three months from April to last month, sales increased by 20.8% from the same period of the previous year to 540.3 billion yen, and final profit increased by 23.5%. The total amount was 41.3 billion yen, both of which were record highs for this period.
This was mainly due to strong sales of parts for PCs and game consoles amid the continued impact of the new Corona, as well as a boost in profits due to the depreciation of the yen.
On the other hand, in the “in-vehicle business,” which handles motors for EVs = electric vehicles, operating income was in the red of 32 million yen due to high development costs and restrictions on going out in China.
Shigenobu Nagamori, Chairman and CEO, said in an online interview, “Currently, investment in development is heavy due to cars, but we can earn profits from new businesses and invest in them, and we can generate stable and high profits. We will transform it into a company. By the next two years, we will restore the stock price and corporate culture and have them do it with a new management system. “