Nidec’s Q1 revenue down 6.6% y/y to USD3.1 billion
Company expects net profit of JPY100 billion for full year ending 31 March 2021
Nidec has reported a decline of 6.6% year-on-year (y/y) in revenues to JPY336.9 billion (about USD3.1 billion) for the first quarter ended 30 June 2020, the Japanese supplier said in a press release on 21 July.
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