Its operating profit margin could expand to 15%, from 9.9% in the fiscal year ended in March 2021. Strategic acquisitions will partly help it reach its sales target of 4 trillion yen ($35 billion) by its fiscal 2026, ending in March of that year. Nidec may achieve strong double-digit sales growth in the next few years. Environmental regulations will be tightened globally, and Nidec’s ultrahigh-efficiency motors outside the consumer EV space could greatly contribute to reducing the power consumption of commercial systems, home appliances, and industrial equipment. Nidec may also increase shipments of advanced motors for mini-EVs and electric motorcycles, both of which are expected to spread rapidly in China, India, and Japan, boosting its revenue and operating profit. An extended chip shortage may be its only speed bump, though supply chain bottlenecks are easing. carmakers, as EVs threaten to make combustion engine cars extinct by 2040. A cutting-edge traction motor system for electric vehicles gives Nidec Corp., the Japanese creator of the E-Axle, a lead over rivals for orders from Chinese, European, and U.S.
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