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Technology Stocks : NIDEC Corporation (NJ)

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From: JakeStraw	4/23/2008 7:59:15 AM
	of 19

Nidec Announces Financial Results for the Year Ended March 31, 2008 biz.yahoo.com Wednesday April 23, 7:30 am ET KYOTO, Japan, April 23, 2008 (PRIME NEWSWIRE) -- Nidec Corporation (NYSE:NJ) announced today its financial results under U.S. GAAP for the period of April 1, 2007 to March 31, 2008. The highlights are as follows: * Net Sales: Record High (Up 17.9% Y/Y) * Operating income: Record High (Up 20.0% Y/Y) * Income Before Tax: Down 4.4% Y/Y * Net Income: Record High (Up 3.1%Y/Y) * --- FOREX fluctuation devaluating the foreign-currency-denominated receivables and assets * Term-end dividend: 30 yen per share * Annual dividends: 55 yen per share * Dividend ratio: 19.4%

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