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NIDEC CORP raises consolidated mid-year and full-year outlook for FY 2015


Wednesday, 23 Jul 2014 02:15am EDT 

NIDEC CORP:Says the company increased the consolidated mid-year outlook for revenue to 460,000 million yen from 450,000 million yen for FY ending March 2015.Operating profit forecast increased to 50,000 million yen from 45,000 million yen.Ordinary profit forecast increased to 49,000 million yen from 44,000 million yen.Net profit forecast increased to 33,500 million yen from 29,500 million yen.Earnings per share increased to 121.46 yen from 106.96 yen.Says the company increased the consolidated full-year outlook for revenue to 960,000 million yen from 950,000 million yen for FY ending March 2015.Operating profit forecast increased to 105,000 million yen from 100,000 million yen.Ordinary profit forecast increased to 103,000 million yen from 98,000 million yen.Net profit forecast increased to 69,000 million yen from 65,000 million yen.Earnings per share increased to 250.18 yen from 235.67 yen.FY 2015 revenues of 986.21 billion yen, reported net profit of 79.12 billion yen – Thomson Reuters I/B/E/S.Comments the sales increase and profit increase in Q1 are the main reasons for the forecast. 

Company Quote

17.15
0.11 +0.65%
19 Dec 2014