Recognition of Impairment Losses on Non-financial Assets, Provision for Contract Losses, Settlement Liabilities Relating to Claims from Suppliers, and Special Investigation Expenses

Key points of the announcement

Nidec Corporation has decided, in relation to the consolidated results for the fiscal year ending March 2026, to record additional impairment losses on non-financial assets, a provision for contract losses, and settlement liabilities related to claims from suppliers, and to record special investigation expenses. Impairments by segment total 632,135 million yen, provision for contract losses 22,496 million yen, settlement liabilities 4,207 million yen, and special investigation expenses 30,522 million yen. Future impacts will be reflected in the securities report and the financial summary (IFRS), and any additional disclosures will be announced as appropriate.

Outlook and impact for investors

These charges could have a significant short-term impact on performance, and the large impairment amount is expected to negatively affect ordinary income and net income for the fiscal year ending March 2026. Additional disclosures will be made as necessary, and investors should monitor updates to the securities report and financial summary closely.