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NNDNF / Nidec shares slide 7% after profit forecast cut

Nidec shares slide 7% after profit forecast cut
Shares in Japan's Nidec Corp slumped as much as 7% on Wednesday morning in Tokyo after the electric motor maker nearly halved its full-year profit forecast on a slow recovery of the car industry and due to expenses from a restructuring push. Read More
Posted: Jan 24 2023, 20:59
Author Name: Reuters
Views: 110719

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Nidec shares slide 7% after profit forecast cut

By Reuters
January 24, 2023

Nidec shares slide 7% after profit forecast cut

Shares in Japan's Nidec Corp slumped as much as 7% on Wednesday morning in Tokyo after the electric motor maker nearly halved its full-year profit for more_horizontal


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