KYOTO, Japan, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ) (the "Company") today announced that the Company has revised its consolidated financial forecast for the year ending March 31, 2014, previously announced on July 23, 2013. The details are as follows. 1. Revision to Financial Forecast for Fiscal Year Ending March 31, 2014 (U.S. GAAP)
| From April 1, 2013 to March 31, 2014 (Millions of Yen, except per share amounts and percentages) | |||||
| For the year ending March 31, 2014 | |||||
| Previous Forecast (announced on July 23, 2013) | Revised Forecast | Change (amount) | Change (%) | (Reference) For the year ended March 31, 2013 | |
| Net sales | 820,000 | 850,000 | 30,000 | 3.7 | 709,270 |
| Operating income | 75,000 | 80,000 | 5,000 | 6.7 | 17,598 |
| Income before income taxes | 73,000 | 78,000 | 5,000 | 6.8 | 13,398 |
| Net income attributable to the Company | 53,500 | 55,000 | 1,500 | 2.8 | 7,986 |
| Net income Attributable to Nidec Corporation per share-basic | 398.72 | 404.26 | -- | -- | 59.28 |
