Nidec Corporation
Company Profile
Business Overview
-The Company has the leading share in the global brushless motor market, and the largest market share of automotive power steering motors, according to the Company's publications.
-The production groups consist of the following product areas: Small precision motors; Automotive, appliance, commercial and industrial products; Machinery; and Electronic and optical components.
-In the fiscal year that ended in March 2021, the automotive businesses generated 22.1% of total sales.
-The Company develops and manufactures the following automotive products: motors for electric power-steering systems, brakes, etc.; cameras, control valves, electric oil pumps, and others.
-The Company developed and then launched commercial production in April 2019 of its E-Axle traction motor system, in which a motor, inverter, and decelerator for electric vehicles are integrated. In line with the growth of electric vehicles, the Company plans to manufacture more than 10 million E-Axles in 2030.
Automotive Business of Nidec Group
| Business segment | Company name | Production countries | Main products |
| Automotive motors | Nidec | Germany, Spain, Poland, Mexico, China (Dalian, Jiaxing, Guangzhou, Changzhou), India | Motors (for brakes, seat adjusters, electric power steering systems, engine cooling fans and power sunroofs), actuators |
| Nidec Motors & Actuators | |||
| Automotive components | Nidec Tosok | Vietnam , China (Zhejiang), Mexico | Control valves, stepping motors, solenoid valves, spool valves, harness modules and electric oil-pumps |
| Nidec GPM | Germany, Hungary, Brazil, China(Suzhou、Jiaxing) | Water pumps and oil pumps | |
| Nidec Sankyo | Japan(Nagano), the Philippines, Vietnam, China (Guangzhou),Indonesia , U.S (Indiana), | Stepping motors, Ultra wide angle lens units | |
| Electronic control units (ECUs) | Nidec Elesys | Japan (Utsunomiya), U.S., China (Zhongshan, Zhejiang), Thailand | Electronic control units (including EPSs, ABSs, VSA and ADSs), safety systems (including lane keep assist systems, millimeter wave radar units, collision mitigation brake systems and occupant detection systems) |
| Nidec Mobility | Japan(Nagano), China (Guangzhou), India, Thailand, Korea, U.S., Brazil、Mexico | Active safety devices, body wiring, EPS, power controls |
e-Axle Production and Development Sites (Released by the Company October 26, 2021)
| Function | Location | Company name | Production capacity (000s/year) |
Remarks |
| Production sites | China | Nidec Tosok (Zhejiang) Corporation | 600 | In operation |
| Nidec Automobile Motor (Zhejiang) Corporation | 400 | In operation | ||
| Guangzhou Nidec Auto Drive System Co., Ltd. | 400 | In operation | ||
| Nidec (Dalian) Limited | 1,000 | Operation planned | ||
| Development sites | Japan | Nidec Research And Development Center | - | Research on basic and fundamental technologies for motor structure and motor control |
| Nidec Shiga Technical Center | - | Design and development of motor platforms | ||
| Nidec Center for Industrial Science | - | Development of inspection equipment and technology for in-house production of parts | ||
| China | Nidec Suzhou Co., Ltd. | - | Application development, functional testing, quality assurance, etc. |
Shareholders
| -Listed on the first section of the Tokyo Stock Exchange. | (As of Mar. 31, 2021) |
| Name or Company Name | Investment Ratio (%) |
| Individual shareholder | 8.44 |
| The Master Trust Bank of Japan, Ltd. (Trust Account) | 7.04 |
| Japan Trusties Services Bank Ltd. (Trust Account) | 4.23 |
| Bank of Kyoto, Ltd. | 4.23 |
| S.N. Kosan | 3.45 |
| SSBTC CLIENT OMNIBUS ACCOUNT | 3.22 |
| THE BANK OF NEW YORK MELLON 140042 | 2.65 |
| The Bank of Tokyo-Mitsubishi UFJ, Ltd. | 2.53 |
| JP MORGAN CHASE BANK 385632 | 2.33 |
| Nippon Life Insurance Company | 2.24 |
| Total | 40.40 |
Products
Nidec
Motors
- For electric power steering systems (EPS)
- For engine cooling
- For seat adjusters
- For brakes (ESP/ABS)
- For traction motors
- Switched reluctance motor
E-Axle
-In-wheel motor
Nidec Motors & Actuators
Motors
- For brake systems
- For seat adjusters
- For steering column adjusters
- For engine cooling
- For sunroof closures
- For trunk openers/power liftgates
Actuators
Nidec Tosok
-Control valves for CVTs and ATs
-Stepping motors
-Solenoid valves
-Spool valves
-Harness modules
-Electric oil-pumps
Nidec GPM
-Conventional water pumps
-Adjustable water pumps
-Electrical water pumps
-Conventional oil pumps
-Adjustable oil pumps
-Electrical oil pumps
-Modules
-Transmission oil pumps
-Electrical vacuum pumps
Nidec Sankyo
-Stepping motors
-Relays
-Ultra wide angle lens units
-Wide Angle Lenses
-Super-Wide Angle lenses
-Precision Plastic Parts
-Resin Molded Parts
-Surround view camera lens units
Nidec Elesys
-Electric power steering units (EPS)
-Vehicle stability assist systems (VSA)
-Electric parking brake units (EPB)
-Electric servo brake units (ESB)
-Antilock brake systems (ABS)
-Active dumper systems (ADS)
-Parking assist units (PA)
-Lane keep assist systems (LKAS)
-76GHz-band millimetric wave radar units
-Electric pre tensioner units
-Collision mitigation brake systems (CMBS)
-Occupant detection systems (ODS)
-New sensor fusion
-Traction inverter
Nidec Mobility
-3D-LiDAR
-Driver monitoring sensor
-Body control module (BCM)
-Power window switch (PWS) with an anti-pinching function
-Security entry products
-Electric power steering unit (EPS)
-DC/DC converter for the idling stop system (ISS)
-DC/DC converter for xEVs
-Push engine start system
-Power window switch
-Fuel pump control module
-Sunbeam autolight sensor with ECU
-Power seat switch and EPB switch
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. |
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
Archives of Past Exhibits
Note: A figure in brackets ( ) indicates a loss