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Japan

Nidec posts JPY 564.6 billion net loss for FY ended March 2026, records JPY 231.1 billion in automotive impairment losses

Nidec Corporation disclosed in its annual securities report filed on September 30 that it recorded a consolidated operating loss of JPY 518.978 billion and a net loss attributable to owners of the parent of JPY 564.624 billion for the fiscal year ended March 31, 2026, compared with a restated net profit of JPY 84.672....

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