Nidec : Presentation Material (Fiscal Year Ended March 31, 2022)

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Nidec Corporation

Fiscal 2021 Financial Results

Fiscal Year Ended March 31, 2022

April 21, 2022

Disclaimer Regarding Forward-looking Statements

These presentation materials and the related discussions contain forward-looking statements including expectations, estimates, projections, plans and strategies. Such forward-looking statements are based on management's targets, assumptions and beliefs in light of the information currently available. Certain risks, uncertainties and other factors could cause actual results to differ materially from those discussed in the forward-looking statements. Such risks and uncertainties include, but are not limited to, changes in customer circumstances and demand, exchange rate fluctuations, and the Nidec Group's ability to design, develop, mass produce and win acceptance of its products and to acquire and successfully integrate companies with complementary technologies and product lines. Please see other disclosure documents filed or published by the Nidec Group companies, including the Japanese securities report, for additional information regarding such risks and uncertainties. Nidec undertakes no obligation to update the forward-looking statements unless required by law.

The first slide features MPLW Series, an electromagnetic-induction type linear position detector, designed and developed by Nidec Machine Tool Corporation. The product digitally detects machines' positioning, feed, and other information. Please refer to Nidec's webpage for more information.

https://www.nidec.com/en/product/news/2022/news0405-01/

Consolidated Profit/Loss

Millions of Yen, exceptfor percentages, EPS, dividends and FX rates

FY2020

FY2021

Operating profit

159,970

171,487

9.9%

8.9%

Profit before income taxes

152,937

171,145

Profit attributable to owners of the parent

121,945 208.19

136,870 234.30

60.0

65.0

FX rate (Yen/US$)

Average: Term end:

106.06 110.71

112.38 122.39

Note: Based on the current forecast of sales volume, every one yen appreciation or depreciation against the U.S. dollar and t he euro for FY2022 is estimated to have an annualized impact of 10.0 billion yen and 1.9 billion yen on net sales, respectively, and 1.1 billion yen and 0.4 billion yen on operating profit, respectively.

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Net sales

1,618,064

1,918,174

Operating profit ratio

EPS (Yen)

Dividends (Yen)

Summary of FY2021

•  Net sales stood at a record high of ¥1,918.2 billion, 18.5% higher Y/Y.

•  Operating profit and profit before income taxes increased 7.2% Y/Y to ¥171.5 billion, 11.9% Y/Y to ¥171.1 billion, respectively. Both stood at record high.

•  Profit attributable to owners of the parent stood at a record high of ¥136.9 billion, 12.2% higher Y/Y.

CAPEX, Depreciation, R&D

CAPEX

Depreciation

R&D

(Billions of Yen)

150.0

110.0

104.9

98.6

96.8

95.0

88.9

78.0

67.3

Continue to invest actively in CAPEX and R&D to support long-term growth

FY20

FY21

FY20

FY21

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FY22	FY22	FY20	FY21	FY22
(Forecast)	(Forecast)	(Forecast)

FY2022 Forecast

Millions of Yen, except for EPS, dividends and FX rate

Net sales

Operating profit

Operating profit ratio

Profit before income taxes

Profit attributable to owners of the parent

EPS (Yen)

Dividends (Yen)

FX Rate (Yen/US$) FX Rate (Yen/Euro)

1H/FY2022

950,000 95,000

93,000

75,000

129.25 35.00

10.0%

110 125

This section includes forward-looking statements. See Disclaimer on Page 2.

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 Vision2025: Further Innovative Changes, Management to Realize the Visions

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