NIDEC Corporation (NJDCY) CEO Jun Seki on Q3 2021 Results - Earnings Call Transcript

Jan. 26, 2022 7:54 PM ETNidec Corporation (NJDCY), NNDNF
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NIDEC Corporation (OTCPK:NJDCY) Q3 2021 Earnings Conference Call January 26, 2022 9:00 AM ET

Company Participants

Yoichi Orikasa - General Manager, Mitsubishi UFJ Morgan Stanley Securities

Jun Seki - President, CEO & Representative Director

Hidetoshi Yokota - Senior VP & CFO

Masahiro Nagayasu - General Manager, IR

Conference Call Participants

James Pulsford - Alma Capital

Mark Yim - GAMCO Investors

Zach Inoue - MUFG Securities America

Yoichi Orikasa

Dear all, thank you very much for joining NIDEC's conference call. I am Yoichi Orikasa, General Manager, Kyoto branch of Mitsubishi UFJ Morgan Stanley Securities. As we kick off the conference, I'd like to ask you to make sure all the materials are ready in front of you. If not, please download the files on NIDEC's home page right now.

Please note, this call is being recorded, and the conference material will be posted on the NIDEC's home page for the coming week for investors and analysts who are not able to join today's call.

Now I would like to introduce today's attendees from NIDEC Corporation. Mr. Jun Seki, Representative Director, President and Chief Executive Officer.

Jun Seki

Hello everyone. This is Seki.

Yoichi Orikasa

Mr. Hidetoshi Yokota, Senior Vice President and Chief Financial Officer.

Hidetoshi Yokota

Hello, everyone. This is Hidetoshi Yokota.

Yoichi Orikasa

First, Mr. Yokota will make a presentation. After his presentation, we will move on to our Q&A session. And Mr. Seki and Mr. Yokota will answer your questions.

Mr. Yokota now presents NIDEC's Q3 Fiscal Year 2021 results, future outlook and management strategy. Mr. Yokota, please go ahead.

Hidetoshi Yokota

Thank you, Orikasa-san. Good day, everyone, and welcome to today's conference call. My name is Hidetoshi Yokota, Chief Financial Officer of NIDEC. Today, Mr. Jun Seki, Representative Director, President and Chief Executive Officer of NIDEC and myself will be your main speakers and answer your questions. Joining us also

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