Japan's Nidec posts rise of 2.3% in first-quarter operating profit
24/07/2025 07:43
TOKYO, July 24 (Reuters) - Japanese electric motor maker Nidec 6594.T reported on Thursday 61.45 billion yen ($420.60 million) in preliminary first-quarter operating profit, up 2.3% from the year-earlier period. The result for the quarter ended June compared with an estimate of 60.18 billion yen in average profit from a survey of six analysts by LSEG. The Kyoto-based firm stuck with its full-year operating profit forecast of 260 billion yen. ($1=146.2200 yen) (Reporting by Satoshi Sugiyama) ((Satoshi.Sugiyama@thomsonreuters.com;))
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