Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00
Provider: ValuEngine, Inc.
$25.00
Provider: S&P Capital IQ Quantitative Report
$104.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

NIDEC CORP Raises Mid-year and Full-year Consolidated Outlook for FY 2014


Tuesday, 23 Jul 2013 02:30am EDT 

NIDEC CORP announced that it has raised its mid-year consolidated outlook for revenue from JPY 380,000 million to JPY 400,000 million, operating profit from JPY 30,000 million to JPY 35,000 million, net profit for shareholders from JPY 21,000 million to JPY 24,500 million, and earnings per share from JPY 155.92 to JPY 182.59, for the fiscal year ending March 31, 2014. The Company has raised its full-year consolidated outlook for revenue from JPY 800,000 million to JPY 820,000 million, operating profit from JPY 70,000 million to JPY 75,000 million, net profit for shareholders from JPY 50,000 million to JPY 53,500 million, and earnings per share from JPY 371.25 to JPY 398.72, for the same fiscal year. The Company raised its mid-year and full-year consolidated outlook mainly due to the increase in revenue and profit in the first quarter of the fiscal year. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 810,070 million, operating profit of JPY 73,250 million and net profit of JPY 51,050 million, for the same fiscal year. 

Company Quote

15.94
-0.07 -0.44%
11:09am EDT