TOKYO -- Japanese motor maker Nidec on Thursday projected a 19% increase in net profit for the fiscal year through next March, aiming to ride out disruptions caused by U.S. President Donald Trump with cost-cutting and other measures.
Electronics
Japan's Nidec aims to ride out Trump turmoil with cost cuts
Tariffs present an obstacle but takeover bid for Makino hits a roadblock
Nidec aims at rapid business expansion through acquisition. (Photo by Atsushi Ooka)
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