Nidec Corporation (TSE:6594) will look for M&A. Shigenobu Nagamori, Founder, Representative Director, Chairman and CEO said, "Then, new businesses have been growing considerably. We are changing from the shrinking business of the past to a new business. As shown in the forecast, sales for the current fiscal year are expected to exceed the JPY 2 trillion level, or JPY 2.2 trillion, and we have not made this accounting treatment because of any major concerns about sales themselves.

We believe that the growth will continue to be very strong. We will continue working on M&A. It has been 50 years since the Company founded and in this opportunity, we will clean and polish the impurities that we have brought with us, and then transfer them to the next generation of managers in a clean state".