Nidec to record ¥632.135 billion impairment loss for fiscal 2026

  • Nidec announced a ¥632.135 billion impairment loss on non-financial assets.
  • ¥564.6 billion, equivalent to $3.6 billion, was the reported fiscal-year net loss.
  • Nidec delayed releasing its consolidated results before filing with the Kanto Finance Bureau.

Nidec Corporation said it will record an impairment loss of ¥632.135 billion, about $4.0 billion, on non-financial assets for the fiscal year ending March 2026. The charge follows the Japanese motor maker's delayed release of consolidated results and contributed to a reported net loss of ¥564.6 billion, or $3.6 billion, for the period.

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