Nidec Corporation
Company Profile
Business Overview
-Has world’s top market share of both brushless DC motors and motors for automotive power steering, according to the Company’s data.
-Its products are in the following groups: precision small motors; products for automobiles, home appliances, commercial use, and industrial use; and parts for machine devices, electronics, and optics. Its automotive products include automotive motors (electric power-steering motors, brake motors) in-vehicle cameras, control valves, electric oil pumps.
-In the fiscal year that ended in March 2023, automotive products accounted for 23.2% of sales.
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2023 Business Overview of Japanese Suppliers |
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Shareholders
| -Moved to the Tokyo Stock Exchange Prime Market from April 2022 | (As of Mar. 31, 2023) |
| Name or Company Name | Investment Ratio (%) |
| The Master Trust Bank of Japan, Ltd. (Trust Account) | 14.70 |
| Individual shareholder | 8.60 |
| Custody Bank of Japan, Ltd. (Trust Account) | 5.21 |
| Bank of Kyoto, Ltd. | 4.31 |
| S.N. Kosan | 3.51 |
| MUFJ Bank, Ltd. | 2.58 |
| THE BANK OF NEW YORK MELLON 140042 | 2.45 |
| Nippon Life Insurance Company | 2.28 |
| Meiji Yasuda Life Insurance Company | 2.22 |
| SSBTC CLIENT OMNIBUS ACCOUNT | 1.66 |
| Total | 47.56 |
Products
Nidec
-E-Axle
-In-wheel motor
-Motors
- For electric power steering systems, EPS
- DCT motors
- Seat slide motor
-Electrical water pumps
-Electrical oil pumps
NIDEC Motors & Actuators (Germany) GmbH
-Motors
-Actuators
NIDEC POWERTRAIN SYSTEMS
-Control valves for CVTs and ATs
-Linear Solenoid
-Duty Solenoid
-Linear Solenoid
-ON/OFF Solenoid
-Electric Oil Pump
-Electric Actuator
Nidec GPM
-Electrical water pumps
-Mechanical water pumps
-Electrical oil pumps
-Mechanical oil pumps
-Transmission oil pumps
-Switchable water pump
-Fully variable water pump
-Controlled water pump
-Thermal management module
NIDEC INSTRUMENTS
-Stepping motors
-Ultra wide angle lens units
-Wide angle lenses
-Super-wide angle lenses
-Precision plastic parts
-Head-up display mirror drive unit
-Throttle actuator
-Suspension actuator
Nidec Elesys
-ISF (Millimeter wave radar unit)
-LKAS (Lane keep assist systems)
-ODS (Occupant detection systems)
-ABS ECU
-Power steering ECU
-VSA (Vehicle stability assist unit)
-ESB (Electric servo brake units)
NIDEC COMPONENTS
-Polygon laser scanner
Nidec Mobility
-Body control module
-Power window switch with an anti-pinching function
-Security entry products
-Electric power steering unit
-DC-DC converter for the idling stop system
-DC-DC converter for xEVs
History
| July 1973 | Established Nippon Densan Corporation (currently Nidec Corporation) in Nishikyo-ku, Kyoto. |
| Aug. 1973 | Started production and sales of small precision AC motors. |
| Oct. 1984 | Established the Shiga Plant (currently Nidec Siga Technical Center). |
| Nov. 1988 | Listed its stock on the second section of the Osaka Stock Exchange, and the Kyoto Stock Exchange. |
| Mar. 1997 | Took a stake in Tosok Corp. |
| Dec. 1997 | Established Nidec Tosok (Vietnam) Co., Ltd. |
| Sept. 1998 | Listed the stock on the first section of the Tokyo Stock Exchange and the first section of the Osaka Stock Exchange. |
| Sept. 2001 | Listed on the New York Stock Exchange. |
| May 2003 | Relocated its Head Office and opened the Central Technical Laboratory. |
| Oct. 2003 | Took a stake in Sankyo Seiki Mfg. Co., Ltd. (currently Nidec Sankyo Corporation) |
| Feb. 2006 | Established Nidec Automobile Motor (Zhejiang) Corp., a locally-incorporated company in China. |
| Dec. 2006 | Established Nidec Motors & Actuators by acquiring the motor and actuator business of Valeo S.A. |
| Nov. 2009 | Opened Shiga Technical Center's new main building. |
| Sep. 2010 | Established Nidec Motor Corporation by acquiring the Motors & Controls business of Emerson Electric Co., an American company. Established Nidec Motor Holdings Corporation as its holding company. |
| Dec. 2010 | Established Nidec India Private Limited as its sales subsidiary in India. |
| Apr. 2012 | Established the Nidec Research and Development Center, Singapore in Singapore. |
| June 2012 | Established Nidec Research And Development Center. |
| Sept. 2012 | Established the Nidec Research and Development Center, Taiwan in Taiwan. |
| Oct. 2012 | Nidec Sankyo Corporation acquired Korean manufacturer SCD Co., Ltd. |
| Dec. 2012 | Took a stake in Nidec Kaiyu Auto Electric (Jiangsu) Co., Ltd. |
| Apr. 2013 | Nidec Corporation establishes Nidec Automotive Motors Americas Corporation in the US to integrate its automotive motor business in the country’s market. |
| Jan. 2014 | Nidec Sankyo Corporation purchases Mitsubishi Materials C.M.I. Corporation. (currently Nidec Sankyo CMI Corporation) |
| Nidec Research and Development Center, Japan opens its new building in Kawasaki, Kanagawa, Japan. | |
| Mar. 2014 | Purchased Honda Elesys Co., Ltd. (Currently Nidec Elesys Corporation) |
| Feb. 2015 | Acquired Gerate-und Pumpenbau GmbH Dr. Eugen Schmidt based in Germany (currently Nidec GPM GmbH). |
| Jul. 2015 | Acquired China Tex Mechanical & Electrical Engineering Ltd.’s SR motor drive business (Renamed the company to Nidec (Beijing) Drive Technologies Co., Ltd.) |
| Sep. 2015 | Nidec Sankyo acquired PT. Nagata Opto Indonesia. |
| Oct. 2015 | Opened "Nidec Institute for Industrial Science". |
| May 2016 | Withdrew listing on the New York Stock Market. |
| Dec. 2016 | Acquired Canton Elevator, Inc. based in the USA. |
| Jan. 2017 | Acquired the motor-drive business of Emerson Electric Co. based in the USA; and the electric generator business from the current Nidec Leroy-Somer Holding and Nidec Control Techniques Limited. |
| Mar. 2017 | Opened the Headquarters ANNEX Global R&D Center |
| Mar. 2017 | Acquired Vamco International, Inc. based in the USA. |
| Mar. 2017 | Unified the Group’s corporate brand to Nidec |
| Jul. 2017 | Acquired LGB Ellettropompe S.r.l based in Italy. |
| Jul. 2017 | Acquired Germany-based Secop Group (currently Nidec Global Appliance Compressor Company) |
| Oct. 2017 | Nidec Sankyo acquired the operations of Tokyo Maruzen Industry, Co., Ltd |
| Nov. 2017 | Acquired DriveXpert GmbH, a company based in Germany |
| Feb. 2018 | Opened a new production engineering wing in Seika, located in the Soraku area of Kyoto Prefecture. |
| Apr. 2018 | Acquired Genmark Automation, Inc., a company based in the USA. |
| May. 2018 | Established Nidec PSA emotors as a joint venture with PSA of France, to manufacture automotive traction motors. |
| Jul. 2018 | Acquired CIMA S.p.A., a company based in Italy. |
| Aug. 2018 | Acquired MS-Graessner GmbH & Co. KG, a company based in Germany. |
| Nov. 2018 | Completion of tender offer for shares of Chaun-Choung Technology Corp., Taiwan |
| Feb. 2019 | Acquired Systeme + Steuerungen GmbH, a company based in Germany. |
| Mar. 2019 | Acquired DESCH Antriebstechnik GmbH & Co. KG, a company based in Germany. |
| Jul. 2019 | Acquired Embraco, the compressor business of Whirlpool of the USA. |
| Oct. 2019 | Established Guangzhou Nidec Automobile Drive System Co., Ltd. in China, a joint venture with Guangzhou Automobile Group Co., Ltd., to manufacture automotive traction motors. |
| Oct. 2019 | Acquired Omron Automotive Electronics, establishing it as Nidec Mobility Corporation. |
| Nov. 2019 | Acquired Roboteq, Inc. of the USA |
| Jun. 2020 | Acquired the Delta-type compressor business operations of Secop Austria GmbH |
| Aug. 2021 | Took over Mitsubishi Heavy Industries’ Machine Tool Co., Ltd., renaming it Nidec Machine Tool Co., Ltd. |
| Feb. 2022 | Invested in OKK Co., Ltd. |
| Dec. 2022 | Established Nidec Energy AS jointly with Freyr Battery of Norway. |
| Feb. 2023 | Acquired PAMA S.p.A based in Italy. |
| Mar. 2023 | Nidec Copal Electronics (currently Nidec Components Co., Ltd.) acquired Midori Precisions |
| Apr. 2023 | Adopted the corporate name Nidec Co., Ltd., with subsidiaries in Japan adding the name to their corporate names. |
Supplemental Information 1
>>>FY ended Mar. 31, 2014 Business report
>>>FY ended Mar. 31, 2015 Business report
>>>FY ended Mar. 31, 2016 Business report
>>>FY ended Mar. 31, 2017 Business report
>>>FY ended Mar. 31, 2018 Business report
>>>FY ended Mar. 31, 2019 Business report
>>>FY ended Mar. 31, 2020 Business report
>>>FY ended Mar. 31, 2021 Business report
>>>FY ended Mar. 31, 2022 Business report
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss
