Following impairment charges and restated FY2025 results, the new management team will drive structural reforms in FY2026. FY2026 sales are in the 2.6 trillion yen range, operating income approximately 120 billion yen, and adjusted total equity for the full year falls to the 3 trillion yen range. FY2027 forecasts sales of 2.8 trillion yen and operating income of about 180 billion yen. 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FY2026 sales are in the 2.6 trillion yen range, operating income approximately 120 billion yen, and adjusted total equity for the full year falls to the 3 trillion yen range. FY2027 forecasts sales of 2.8 trillion yen and operating income of about 180 billion yen. Major impairments were recorded for ACIM, NPe, NMOJ, etc.","jir_summary":"### Performance Overview\nThis document presents the restatement and correction of FY2025 results and the mid-term plan under the new management team. Net sales were 2,708.7 billion yen (FY25), an improvement compared with prior years, but operating income turned negative due to substantial impairment charges. Adjusted total equity declined significantly; the company will strengthen capital policies focused on ROIC and accelerate structural reforms. The new management emphasizes uncompromising structural reform and improving capital returns.\n\n### Outlook and Key Drivers\nFY2026 is expected to show steady performance, with sales in the 2.8 trillion yen class for both the first half and full year, and operating income of approximately 120 billion yen. However, due to the aftereffects of impairments and structural reform costs, short-term improvements in profitability are expected to take time. The new management plans uncompromising structural reforms, improvement of capital efficiency (ROIC), and restoration of the financial base, reallocating resources to growth areas such as data center demand.","jir_financial_highlights":"Net sales: 27,087 (Restated FY25 \u2192 FY26 +1,024 (period-on-period))\nOperating income: -5,190 (Significant deficit FY25 \u2192 FY26 due to impairment charges)\nNet income: -389 (Related to items described in FY25 \u2192 FY26 earnings presentation)\nImpairment losses: 6,321 (Total impairments for FY25)\nEquity ratio: 25.6% (Declined FY25 \u2192 FY26)","jir_category":"","jir_hashtags":"#Nidec, #MidTermManagementPlan, #ShareBuyback, #FinancialRestatement, #EarningsRelease","jir_key_figures":"Net sales (Restated FY25) 27,087 hundred million yen\nOperating income (FY25) -5,190 hundred million yen\nTotal impairment amount 6,321 hundred million yen","jir_meta_title":"Nidec Corporation \u2014 New Management and Financial Restatement for Recovery | FY2026 Earnings Presentation","jir_meta_description":"Explains Nidec Corporation's restated FY2025 results and recovery strategy under the new management team, summarizing FY2026 sales outlook, impact of impairment charges, and capital policy direction.","jir_og_title":"Nidec Corporation Aims for Recovery Under New Management | FY2026 Earnings Presentation","jir_og_description":"Under the new management, the company announced restated results and a mid-term plan. FY2026 net sales 2,708.7 billion yen, impairments 632.1 billion yen, and plans to pursue structural reforms and improve capital efficiency.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":6892,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-126423","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n