Nidec posts 20.8% y/y growth in Q1 net sales at USD3.92 billion

Financial results

Net profit rose 23.5% to JPY41.32 billion

Nidec has reported a 20.8% year-on-year (y/y) rise in first-quarter net sales at JPY540.36 billion (USD3.92 billion), according to a press release dated 20 July.

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