Nidec's net income falls 90.7% y/y to USD32.2 million in Q1

News
Financial results

Net sales for the three-month period also fell 3% y/y to JPY360.8 billion

Nidec has reported a fall of 90.7% year-on-year (y/y) in net profit to JPY3.4 billion (USD32.2 million) during the first quarter ended 30 June 2019, according to a company press release on 24 July.

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