Nidec Corporation revised earnings guidance for the year ending March 31, 2023. For the year, the company revised net sales forecast to JPY 2,200 billion, up JPY 100 billion from the JPY 2,100 billion initially projected at the beginning of the fiscal year. On the other hand, operating profit has been revised downward by JPY 100 billion from the initial estimate of JPY 210 billion to JPY 110 billion.