Nidec Corporation (TYO: 6594)

Nidec Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	2,483,522	2,347,159	2,230,027	1,918,174	1,618,064	1,534,800
Revenue Growth (YoY)	8.85%	5.25%	16.26%	18.55%	5.43%	4.02%
Cost of Revenue	1,973,945	1,849,854	1,826,976	1,514,837	1,251,506	1,202,253
Gross Profit	509,577	497,305	403,051	403,337	366,558	332,547
Selling, General & Admin	260,222	253,451	231,791	153,835	137,542	142,918
Research & Development	80,865	81,055	81,337	78,015	67,280	78,630
Operating Expenses	341,087	334,506	313,128	231,850	204,822	221,548
Operating Income	168,490	162,799	89,923	171,487	161,736	110,999
Interest Expense	-24,597	-20,337	-12,521	-5,228	-5,617	-9,514
Interest & Investment Income	39,032	35,901	16,698	3,929	3,568	9,219
Earnings From Equity Investments	-4,654	-7,164	-3,905	-1,461	-989	-1,665
Currency Exchange Gain (Loss)	-20,547	32,738	20,031	2,272	-4,255	-100
Other Non Operating Income (Expenses)	176	-1,137	386	-67	260	-1,338
EBT Excluding Unusual Items	157,900	202,800	110,612	170,932	154,703	107,601
Asset Writedown	-	-188	-177	213	-1,725	-2,441
Pretax Income	157,900	202,612	110,435	171,145	152,978	105,160
Income Tax Expense	64,542	76,268	72,752	34,051	30,133	29,784
Earnings From Continuing Operations	93,358	126,344	37,683	137,094	122,845	75,376
Earnings From Discontinued Operations	-171	-44	-1,983	-327	-228	-15,707
Net Income to Company	93,187	126,300	35,700	136,767	122,617	59,669
Minority Interest in Earnings	1,819	-1,156	1,282	103	-640	-1,210
Net Income	95,006	125,144	36,982	136,870	121,977	58,459
Net Income to Common	95,006	125,144	36,982	136,870	121,977	58,459
Net Income Growth	35.31%	238.39%	-72.98%	12.21%	108.65%	-46.84%
Shares Outstanding (Basic)	1,149	1,149	1,151	1,168	1,171	1,177
Shares Outstanding (Diluted)	1,149	1,149	1,151	1,168	1,171	1,177
Shares Change (YoY)	-0.00%	-0.17%	-1.47%	-0.27%	-0.44%	-0.22%
EPS (Basic)	82.67	108.90	32.13	117.15	104.12	49.68
EPS (Diluted)	82.67	108.90	32.13	117.15	104.12	49.68
EPS Growth	35.31%	238.95%	-72.58%	12.51%	109.57%	-46.72%
Free Cash Flow	166,867	208,717	5,671	-3,586	130,245	35,123
Free Cash Flow Per Share	145.20	181.62	4.93	-3.07	111.18	29.85
Dividend Per Share	40.000	37.500	35.000	32.500	30.000	28.750
Dividend Growth	14.29%	7.14%	7.69%	8.33%	4.35%	9.52%
Gross Margin	20.52%	21.19%	18.07%	21.03%	22.65%	21.67%
Operating Margin	6.78%	6.94%	4.03%	8.94%	10.00%	7.23%
Profit Margin	3.83%	5.33%	1.66%	7.14%	7.54%	3.81%
Free Cash Flow Margin	6.72%	8.89%	0.25%	-0.19%	8.05%	2.29%
EBITDA	306,159	294,389	209,445	276,411	244,305	185,244
EBITDA Margin	12.33%	12.54%	9.39%	14.41%	15.10%	12.07%
D&A For EBITDA	137,669	131,590	119,522	104,924	82,569	74,245
EBIT	168,490	162,799	89,923	171,487	161,736	110,999
EBIT Margin	6.78%	6.94%	4.03%	8.94%	10.00%	7.23%
Effective Tax Rate	40.88%	37.64%	65.88%	19.90%	19.70%	28.32%

Source: S&P Capital IQ. Standard template. Financial Sources.