Company headquarters and Central Technical Laboratory
TOPIX 100 Component
|Founded||July 23, 1973|
|Headquarters||338 Kuzetonoshiro-cho, Minami-ku, Kyoto 601-8205, Japan|
|Shigenobu Nagamori (CEO)|
|Revenue||JPY 1199.3 billion) (FY 2017)|
USD 1.04 billion (FY 2017)(JPY 111.7 billion) (FY 2017)
Number of employees
Nidec Corporation: 2,392 (as of March 31, 2017)Consolidated: 107,062 (as of March 31, 2017)
Footnotes / references|
Nidec Corporation (日本電産株式会社 Nihon Densan Kabushiki-gaisha) is a Japanese manufacturer of electric motors. Their products are found in hard-disk drives, electric appliances, automobiles and commercial and manufacturing equipment. The company has the largest global market share for the tiny spindle motors that power hard-disk drives.
The two product groups with the largest sales are hard-disk drive motors and automotive products with 16% and 22% of sales, respectively.
As of 2017, the company has 296 subsidiaries companies located across Japan, Asia, Europe and the Americas. Nidec is listed on the first section of the Tokyo Stock Exchange and is a constituent of the TOPIX 100 stock market index.
|1973||July||Shigenobu Nagamori, current Chairman of the board, President & CEO, established Nippon Densan Corporation (now Nidec Corporation) in Nishikyo-ku, Kyoto with a capital of 20 million yen.|
|1974||October||Opened a sales agent in the U.S.Relocated its Head Office to Omiya, Nakagyo-ku, Kyoto.|
|1975||April||Launched full-scale production of brushless DC motors.|
|1976||April||Established Nidec America Corp, a locally-incorporated company.|
|1979||October||Started production of spindle motors for 8-inch hard disk device.|
|1984||February||Acquired the axial-flow fan business from American company Trin Corporation, and established the locally-incorporated company Nidec Torin Corporation in America.Started production of spindle motors for 3.5-inch hard disk device.|
|1988||October||The company listed its stock on the second section of the Osaka Stock Exchange, and the Kyoto Stock Exchange.|
|1990||August||Established Nidec Electronics (Thailand) Co., Ltd., a locally-incorporated company.|
|1992||February||Established Nidec (Dalian) Ltd., a locally-incorporated company in China.|
|1993||April||Established Nidec Electronics GmbH, a locally-incorporated company in Germany.|
|1995||December||Established Nidec Philippines Corp., a locally-incorporated company.|
|1997||December||Established Nidec Tosok (Vietnam) Co., Ltd. through a joint investment with Tosok Corp.|
|1998||February||Established P.T. Nidec Indonesia, a locally-incorporated company.[Sep]Listed on the first section of the Tokyo Stock Exchange.
Listed on the first section of the Osaka Stock Exchange.
|1999||December||Established Nidec Korea Corp., a locally-incorporated company.|
|2001||September||Listed on the New York Stock Exchange.|
|2003||March||The building for the Head Office and Central Technical Laboratory was completed in Minami-ku, Kyoto|
|2006||December||Established Nidec Motors & Actuators by acquiring the motor and actuator business of Valeo S.A., a French company.|
|2010||January||Nidec Techno Motor Holdings Corporation acquired the home appliance motor business of Appliances Components, an Italian home appliance manufacturer. Started Nidec Sole Motor Corporation S.R.L.[Dec]Established Nidec India Private Limited as its sales subsidiary in India.|
|2012||March||Established SC Wado Component (Cambodia) Co., Ltd. as the first operating base in Cambodia.|
- Nidec ASI. In 2012 Nidec acquired Ansaldo Sistemi Industriali S.p.A. which became Nidec ASI. Since 2012 Nidec ASI has been involved in comprehensive drive technology. As a part of the Nidec Group, the core business of Nidec ASI S.p.A includes energy, marine, metals, oil & Gas and general industry (cement, water treatment, rubber and plastic, materials handling, glass, ceramics, paper and ropeway). Since 2014, Giovanni Barra has been CEO of Nidec ASI
- Nidec Leroy-Somer. In January 31, 2017, Nidec acquired Leroy-Somer from Emerson Electric which became Nidec Leroy-Somer Holding.
- Nidec Global Appliance Compressors GmbH. In July 31, 2017, Nidec acquired Secop GmbH, a German hermetic compressor manufacturer from Aurelius Equity Group, expanding further into the refrigeration market . Since April 28, 2018, Nidec has entered into an agreement with Whirlpool Corporation to acquire the refrigeration compressor business of Embraco.
- "Company Profile". Nidec. Retrieved December 4, 2017.
- "Nidec Corporation Company Profile". Hoovers. Retrieved February 2, 2015.
- "Nidec Corporation Snapshot". Bloomberg Businessweek. Retrieved February 2, 2015.
- "Nidec Corporation CSR Report (2017)" (PDF). Nidec. Retrieved December 4, 2017.
- "Nidec Corporation Stock Data". Japan Exchange Group. Archived from the original on February 3, 2015. Retrieved February 2, 2015.
- "The Future of Technology: The Big Trends Ahead and Our Ranking of the Top 100 Info Tech Companies". Bloomberg Businessweek. 2005. Retrieved February 2, 2015.
- "The World's Most Innovative Companies". Forbes. Retrieved February 2, 2015.
- Nidec ASI official web site
- "Nidec-Asi, il nuovo ad è Barra: Gemme vicepresidente". The Medi Telegraph. May 20, 2014. Retrieved April 15, 2016.
- "Nidec Completes Acquisition of Leroy-Somer". Emerson Electric. February 1, 2017. Retrieved July 25, 2017.
- Nidec Leroy-Somer Holding
- Corporation, Nidec. "Nidec Completes Acquisition of Secop Group (Secop Holding GmbH and Other 3 Entities), a German Compressor Manufacturer". GlobeNewswire News Room. Retrieved 2018-06-05.
- "Nidec to Acquire Whirlpool Corporation's Compressor Business - NASDAQ.com". NASDAQ.com. Retrieved 2018-06-06.
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