Nidec Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects revised net sales of JPY 2,300,000 million, operating profit of JPY 180,000 million, profit attributable to owners of the parent of JPY 135,000 million and earnings per share attributable to owners of the parent -basic of JPY 234.95 compared to previously expected net sales of JPY 2,200,000 million, operating profit of JPY 220,000 million, profit attributable to owners of the parent of JPY 165,000 million and earnings per share attributable to owners of the parent -basic of JPY 287.16.