Nidec, a major electronic component company such as motors, posted record sales of more than 1.18 trillion yen for the nine months up to last month.
In response to rising demand for so-called nesting, small motors for personal computers and games performed well.
The nine-month financial results announced by Nidec until last month reached a record high of 1,184.9 billion yen, which is 2.2% higher than the same period of the previous year.
The final profit was 83.6 billion yen, up 69.6%.
This is due to the increase in sales of small motors for personal computers and games due to the increase in so-called nesting demand and the increase in telework due to the spread of the new coronavirus infection.
For these reasons, Nidec has revised its final profit forecast for the year ending March to 120 billion yen, which is 15 billion yen more than before.
In the future, the policy is to focus on the development of motors for EV = electric vehicles, whose market is expanding, and Chairman Shigenobu Nagamori said at a press conference held online, "For motors for EVs, R & D expenses are 200 per year. It costs 100 million yen and will be profitable in 2023. "