Nidec : Supplementary Financial Data

				Supplementary Financial Data
					January 26, 2022
1. Financial Highlights
							IFRS
(Yen in millions)			FY2018			FY2019				FY2020			FY2021
		1st Half	2nd Half	Full Year	1st Half	2nd Half	Full Year		1st Half	2nd Half	Full Year	1st Half	2nd Half(e)	Full Year(e)
Net Sales		755,447	719,989	1,475,436	751,277	783,523	1,534,800		751,794	866,270	1,618,064	910,668	889,332	1,800,000
Operating Profit		96,168	33,054	129,222	61,787	46,771	108,558		69,174	90,796	159,970	90,323	99,677	190,000
(Operating Profit Ratio)		12.7%	4.6%	8.8%	8.2%	6.0%	7.1%		9.2%	10.5%	9.9%	9.9%	11.2%	10.6%
Profit Before Income Taxes		95,743	34,087	129,830	63,330	41,830	105,160		65,999	86,938	152,937	88,282	96,718	185,000
Profit attributable to owners of the parent	78,428	31,532	109,960	27,227	31,232	58,459		48,778	73,167	121,945	67,767	80,233	148,000
EPS (Basic) (Yen) *		132.92	53.57	186.49	46.26	53.10	99.37		83.28	124.91	208.19	115.76	136.92	252.68
Dividend Per Share (Yen)*		25.00	27.50	52.50	27.50	30.00	57.50		30.00	30.00	60.00	30.00	35.00	65.00
							IFRS
(Yen in millions)			FY2019			FY2020			FY2021
		1Q	2Q	3Q	4Q	1Q	2Q		3Q	4Q	1Q	2Q	3Q	4Q
Net Sales		360,874	390,403	408,331	375,192	336,876	414,918		433,197	433,073	447,470	463,198	496,542
Operating Profit		27,632	34,155	31,417	15,354	27,793	41,381		46,335	44,461	44,555	45,768	44,308
(Operating Profit Ratio)		7.7%	8.7%	7.7%	4.1%	8.3%	10.0%		10.7%	10.3%	10.0%	9.9%	8.9%
Profit Before Income Taxes		30,935	32,395	29,720	12,110	27,410	38,589		43,315	43,623	43,752	44,530	42,272
Profit attributable to owners of the parent	3,284	23,943	22,099	9,133	20,058	28,720		34,837	38,330	33,451	34,316	32,676
EPS (Basic) (Yen)*		5.58	40.67	37.55	15.55	34.24	49.03		59.48	65.44	57.14	58.63	55.90
*Adjusted based on the 2-for-1 split implemented as of April 1, 2020. "EPS" and "Dividends" are expressed assuming that the stock split occurred at the beginning of FY2018.
2. Sales and Operating Profit (OP) by Product Category
							IFRS
(Yen in millions)			FY2018			FY2019				FY2020			FY2021
		1st Half	2nd Half	Full Year	1st Half	2nd Half	Full Year		1st Half	2nd Half	Full Year	1st Half	2nd Half	Full Year
Small Precision Motors	Sales	228,955	212,512	441,467	219,810	204,478	424,288		223,462	220,136	443,598	205,111
OP	37,098	17,458	54,556	24,989	20,127	45,116		33,099	33,824	66,923	23,095
Automotive Products	Sales	151,904	145,394	297,298	150,832	182,409	333,241		149,135	208,940	358,075	197,197
OP	22,895	10,005	32,900	13,582	7,614	21,196		4,397	15,129	19,526	8,337
Appliance, Commercial and	Sales	249,991	245,441	495,432	270,580	292,024	562,604		273,334	328,277	601,611	378,021
Industrial Products	OP	26,261	7,800	34,061	18,615	15,325	33,940		22,022	31,003	53,025	40,528
Machinery	Sales	85,413	78,553	163,966	76,980	72,760	149,740		74,650	75,925	150,575	95,365
OP	15,945	6,384	22,329	11,189	10,549	21,738		12,323	14,041	26,364	20,625
Electronic & Optical Components	Sales	36,968	35,704	72,672	30,805	29,591	60,396		29,607	31,217	60,824	33,146
	OP	4,118	752	4,870	2,388	813	3,201		3,317	2,998	6,315	4,446
Others	Sales	2,216	2,385	4,601	2,270	2,261	4,531		1,606	1,775	3,381	1,828
OP	371	308	679	332	280	612		181	210	391	191
Eliminations/Corporate	OP	(10,520)	(9,653)	(20,173)	(9,308)	(7,937)	(17,245)		(6,165)	(6,409)	(12,574)	(6,899)
							IFRS
(Yen in millions)			FY2019			FY2020			FY2021
		1Q	2Q	3Q	4Q	1Q	2Q		3Q	4Q	1Q	2Q	3Q	4Q
Small Precision Motors	Sales	108,006	111,804	115,122	89,356	104,418	119,044		116,490	103,646	101,306	103,805	116,114
OP	10,494	14,495	15,548	4,579	14,283	18,816		18,121	15,703	12,305	10,790	14,031
Automotive Products	Sales	75,488	75,344	92,189	90,220	56,797	92,338		106,873	102,067	97,747	99,450	103,921
OP	6,767	6,815	4,336	3,278	(258)	4,655		7,677	7,452	4,892	3,445	2,492
Appliance, Commercial and	Sales	123,009	147,571	147,000	145,024	125,096	148,238		155,965	172,312	186,432	191,589	197,757
Industrial Products	OP	8,675	9,940	8,523	6,802	8,967	13,055		14,198	16,805	19,619	20,909	17,388
Machinery	Sales	38,086	38,894	38,233	34,527	35,729	38,921		36,866	39,059	44,651	50,714	58,889
OP	5,307	5,882	6,022	4,527	6,181	6,142		7,344	6,697	8,609	12,016	10,598
Electronic & Optical Components	Sales	15,170	15,635	14,595	14,996	14,086	15,521		16,074	15,143	16,417	16,729	18,842
	OP	1,291	1,097	957	(144)	1,496	1,821		1,669	1,329	2,302	2,144	2,903
Others	Sales	1,115	1,155	1,192	1,069	750	856		929	846	917	911	1,019
OP	188	144	178	102	84	97		57	153	88	103	133
Eliminations/Corporate	OP	(5,090)	(4,218)	(4,147)	(3,790)	(2,960)	(3,205)		(2,731)	(3,678)	(3,260)	(3,639)	(3,237)

Note:

Nidec Corporation adopts the provisions of IFRS 3 "Business Combinations." During the three months ended December 31, 2021, Nidec Corporation partially completed its valuation of the assets acquired and the liabilities assumed upon the acquisition Mitsubishi Heavy Industries Machine Tool Co., Ltd. (currently, Nidec

Machine Tool Corporation) in the six months ended September 30, 2021. Nidec Corporation's quarterly consolidated financial statements in the fiscal 2022 reflect

the revision of the initially allocated amounts of acquisition price as Nidec Corporation finalized the provisional accounting treatment for the business combination.

3. Capital Expenditure, Depreciation, R&D

						IFRS
(Yen in millions)		FY2018			FY2019				FY2020			FY2021
	1st Half	2nd Half	Full Year	1st Half	2nd Half	Full Year		1st Half	2nd Half	Full Year	1st Half	2nd Half(e)	Full Year(e)
Capital Expenditure	57,165	63,390	120,555	71,732	61,194	132,926		47,529	41,382	88,911	44,657	75,343	120,000
Depreciation	34,108	36,908	71,016	40,204	47,604	87,808		47,990	48,812	96,802	50,271	44,729	95,000
R & D	28,888	34,024	62,912	37,053	41,577	78,630		31,242	36,038	67,280	37,739	47,261	85,000

NIDEC CORPORATION

https://www.nidec.com/en/

338 Kuzetonoshiro-cho,Minami-ku, Kyoto 601-8205 JAPAN TEL: [phone], FAX: [phone],E-mail: [e-mail]