Japan ' s Nidec projects record profit on EV parts recovery

KYOTO, Japan -- Japanese motor maker Nidec forecasts consolidated net profit to rise 32% to a record 165 billion yen ($1.06 billion) for the year ending March 2025, the company announced Tuesday, as it scales down EV parts operations in China and taps increased demand for industrial motors in the…#kyoto #quickconsensus #privatetradingsystem #tokyostockexchange
Source: Reuters: Health - Category: Consumer Health News Source Type: news