TOKYO (dpa-AFX) - Nidec Corp. (NJDCY) reported that its fourth quarter loss
attributable to owners of the parent narrowed to 20.49 billion yen from 59.11
billion yen in the same quarter last year. Loss per basic share was 35.66 yen
compared to a loss of 102.89 yen in the previous year.

Operating loss for the quarter also narrowed to 6.17 billion yen from 24.38
billion yen in the previous year.

Net sales for the quarter grew to 593.51 billion yen from 543.08 billion yen in
the prior year.

The company projects 40 yen of interim dividend and 80 yen of aggregate annual
dividend for the year ending March 31, 2025.

Looking ahead for the year ending March 31, 2025, the company projects profit
attributable to owners of the parent to be 165.00 billion yen, an increase of
131.6% from the previous fiscal year.

The company expects annual operating profit to be 230.00 billion yen, an
increase of 141.0% from the prior year.

The company anticipates annual net sales to be 2.40 trillion yen, an increase of
102.2% from last year.

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