KYOTO, Japan, April 23, 2013 (GLOBE NEWSWIRE) -- Nidec Corporation (the "Company") (NYSE:NJ) today announced differences between its financial forecast for the year ended March 31, 2013 (announced on January 24, 2013) and the actual financial results released today. The Company also announced that it would revise its year-end dividend forecast for the year ended March 31, 2013, which is to be approved at a meeting of the Company's Board of Directors scheduled for May 28, 2013.
The details are as follows.
1. Differences between Financial Projection and Actual Results for Fiscal Year Ended March 31, 2013 (U.S. GAAP)
|From April 1, 2012 to March 31, 2013 (Millions of Yen, except per share amounts and percentages)|
|For the year ended March 31, 2013||For the year ended March 31, 2012|
|Forecast announced on January 24, 2013||Actual||Change (amount)||Change (%)|
|Income from continuing operations before income taxes||12,500||13,427||927||7.4||70,856|
|Net income attributable to the Company||4,500||7,998||3,498||77.7||40,731|
|Net income Attributable to Nidec Corporation per share-basic||33.37||59.37||--||--||296.25|