Nidec Corp (TSE:6594)

円 7952 -22 (-0.28%) Market Cap: 4.57 Til Enterprise Value: 4.95 Til PE Ratio: 36.44 PB Ratio: 2.78 GF Score: 91/100

Q1 2024 Nidec Corp Earnings Call Transcript

Jul 20, 2023 / 01:00PM GMT

Release Date Price: 円7784 (-1.16%)

Transcript

Chiharu Abe

Hello, everyone, thank you very much for joining Nidec's conference call. My name is Abe, Chiharu Abe, General Manager, Institutional Affairs Department of Mitsubishi UFJ Securities.

As we start this conference, I would like to ask you to make sure all our materials are ready in front of you. If not, please download the files on Nidec's website right now.

Please note, this call is being recorded. The component materials will be posted on Nidec's website for the coming week for investors and analysts who are not able to join today's call.

Now I would like to introduce today's attendees from Nidec Corporation. Mr. Akinobu Samura, Senior Vice President and Chief Financial Officer, and Mr. Masahiro Nagayasu, General Manager, Investor Relations.

First, Mr. Samura will make a presentation. After his presentation, we will move on to Q&A session, and then Mr. Samura will answer your questions. Mr. Samura now will present Nidec's first quarter fiscal year 2023 results, future outlook and then management strategy.

Mr. Samura, please go ahead.

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