Nidec

Last updated
Nidec Corporation
Native name
日本電産株式会社
Romanized name
Nihon Densan kabushiki gaisha
Type Public KK
TYO: 6594
TOPIX 100 Component
Industry Electronic components
FoundedJuly 23, 1973;47 years ago (1973-07-23)
Headquarters338 Kuzetonoshiro-cho, Minami-ku, Kyoto 601-8205, Japan
Key people
Shigenobu Nagamori (CEO)
Products
  • Small precision motors
  • Automotive motors
  • Home appliance motors
  • Commercial and industrial motors
  • Motors for machinery
  • Electronic and optical components
RevenueIncrease2.svg US$11.15 billion (FY 2017) (JPY 1199.3 billion) (FY 2017)
Increase2.svg US$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)
Website Official website
Footnotes /references
[1]

Nidec Corporation (日本電産株式会社, Nihon Densan Kabushiki-gaisha) is a Japanese manufacturer and distributor 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. [2] [3]

Contents

The two product groups with the largest sales are hard-disk drive motors and automotive products with 16% and 22% of sales, respectively. [1]

As of 2017, the company has 296 subsidiaries companies located across Japan, Asia, Europe and the Americas. [4] Nidec is listed on the first section of the Tokyo Stock Exchange [5] and is a constituent of the TOPIX 100 stock market index.

The company was number 42 on the 2005 edition of the Businessweek Infotech 100 list. [6] Also Nidec was featured on the 2014 Forbes World's Most Innovative Companies list. [7]

History

YearMonthMajor Events
1973JulyShigenobu 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.
1974OctoberOpened a sales agent in the U.S. Relocated its head office to Omiya, Nakagyo-ku, Kyoto.
1975AprilLaunched full-scale production of brushless DC motors.
1976AprilEstablished Nidec America Corp, a locally incorporated company.
1979OctoberStarted production of spindle motors for 8-inch hard disk device.
1984FebruaryAcquired the axial-flow fan business from American company Torin Corporation, and established the locally incorporated company Nidec Torin Corporation in America. Started production of spindle motors for 3.5-inch hard disk device.
1988OctoberThe company listed its stock on the second section of the Osaka Stock Exchange, and the Kyoto Stock Exchange.
1990AugustEstablished Nidec Electronics (Thailand) Co., Ltd., a locally incorporated company.
1992FebruaryEstablished Nidec (Dalian) Ltd., a locally incorporated company in China.
1993AprilEstablished Nidec Electronics GmbH, a locally incorporated company in Germany.
1995DecemberEstablished Nidec Philippines Corp., a locally incorporated company.
1997DecemberEstablished Nidec Tosok (Vietnam) Co., Ltd. through a joint investment with Tosok Corp.
1998FebruaryEstablished 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.

1999DecemberEstablished Nidec Korea Corp., a locally incorporated company.
2001SeptemberListed on the New York Stock Exchange.
2003MarchThe building for the Head Office and Central Technical Laboratory was completed in Minami-ku, Kyoto
2006DecemberEstablished Nidec Motors & Actuators by acquiring the motor and actuator business of Valeo S.A., a French company.
2010JanuaryNidec 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.
2012MarchEstablished SC Wado Component (Cambodia) Co., Ltd. as the first operating base in Cambodia.

Nidec acquisitions

Related Research Articles

Seagate Technology Holdings plc, an Irish public limited company is an American data storage company. It was incorporated in 1978 as Shugart Technology and commenced business in 1979. Since 2010, the company has been incorporated in Dublin, Ireland, with operational headquarters in Fremont, California, United States.

Maytag American home and commercial appliance brand

The Maytag Corporation is an American home and commercial appliance brand owned by Whirlpool Corporation after the April 2006 acquisition of Maytag.

Yaskawa Electric Corporation Japanese manufacturer of robots and related components

The Yaskawa Electric Corporation is a Japanese manufacturer of servos, motion controllers, AC motor drives, switches and industrial robots. Their Motoman robots are heavy duty industrial robots used in welding, packaging, assembly, coating, cutting, material handling and general automation.

Embraco

Embraco is a manufacturer of compressors for refrigeration systems, founded in 1971 in Brazil. Embraco produces hermetic compressors, condensing units and sealed units, for domestic and commercial use.

Whirlpool Corporation American multinational manufacturer and marketer of home appliances

The Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan, United States. The Fortune 500 company has annual revenue of approximately $21 billion, 92,000 employees, and more than 70 manufacturing and technology research centers around the world. Fewer than 10% of its employees are based in the United States.

Emerson Electric American multinational corporation

Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. The Fortune 500 company manufactures products and provides engineering services for a wide range of industrial, commercial, and consumer markets. Emerson has approximately 83,500 employees and 200 manufacturing locations worldwide.

Indesit Company Italian appliance company

Indesit Company is an Italian company based in Fabriano, Ancona. It is one of the leading European manufacturers and distributors of major domestic appliances. It claims to be the undisputed leader in major markets such as Italy, the UK and Russia. Founded in 1975 and listed on the Milan stock exchange since 1987, the group posted sales of €2.7 billion in 2013. It has eight industrial areas in Italy, Poland, the UK, Russia and Turkey, and 16,000 employees.

AGA Rangemaster Group Limited is a British manufacturer of range cookers, kitchen appliances, and interior furnishings, which was acquired by Middleby Corporation in September 2015 after it received a takeover approach from Whirlpool. The Group employs just over 2,500 people worldwide.

Mabuchi Motor

Mabuchi Motor Company is a Japanese manufacturing company based in Matsudo, Chiba Prefecture, Japan. It is the world's largest manufacturer by volume of small electric motors, producing over 1.4 billion motors annually. The company employs 24,286 people in its production division, 755 in its administrative division, 583 in its R&D division, and 219 in its sales division.

Tadiran refers to a former Israeli conglomerate, which was founded in 1962 by the merger of two companies, Tadir and Ran. The name of the company is a joining of both companies’ names.

Gio. Ansaldo & C.

Ansaldo was one of Italy's oldest and most important engineering companies, existing for 140 years from 1853 to 1993.

Bitzer SE is a manufacturer of refrigeration and air conditioning technology. In 2017, the company, which is headquartered in Sindelfingen, Germany, earned sales of €740 million. Bitzer SE has 64 locations and, as of 2017, had approximately 3,500 employees worldwide.

NTN Corporation

NTN Corporation is one of the most prominent manufacturers of bearings in Japan, second domestically only to NSK Ltd. The company is one of the largest exporters worldwide of friction-reducing products such as constant-velocity joints.

A. O. Smith

A. O. Smith Corporation is an American manufacturer of both residential and commercial water heaters and boilers and the largest manufacturer and marketer of water heaters in North America. It also supplies water treatment products in the Asian market. The company has 24 locations worldwide, including five manufacturing facilities in North America, as well as plants in Bengaluru in India, Nanjing in China and Veldhoven in The Netherlands.

Nidec-Shimpo America Corporation Company building machinery and tools

NIDEC-SHIMPO America Corporation is the U.S. subsidiary of Japan-based NIDEC-SHIMPO Corporation. Located in Glendale Heights, IL, NIDEC-SHIMPO America Corporation is composed of Shimpo Drives, Shimpo Instruments and Shimpo Ceramics.

MITSUBA Corporation or simply MITSUBA, is a Japanese manufacturer of automobile parts including electrical components for wiper systems, door mirrors, power window motors, fuel pumps, and pressure regulators.

Secop GmbH is a manufacturer of hermetic compressors for cooling circuits. Secop designs, develops, manufactures and distributes compressors for two application ranges: light commercial refrigeration systems and cooling solutions for the mobile area . According to the manufacturer, the compressors are characterized by low energy consumption, low noise emission and environmental friendliness due to the use of CFC-free refrigerants.

Shigenobu Nagamori Japanese businessperson

Shigenobu Nagamori is a Japanese billionaire businessman, and the chairman and CEO of Nidec, the world's largest manufacturer of micromotors for hard disks and optical drives.

Nidec Industrial Solutions is an Italian multinational company based in Milan, that designs and manufactures rotating electrical machines, Power electronics and industrial automation. It was founded in 2012 with the acquisition of Ansaldo Sistemi Industriali by Nidec Corporation. Working in electrical engineering, designs and manufactures of electric motors and generators, power electronics and control systems and automation for industrial applications, Nidec Industrial Solutions was founded in 2012 when Nidec, a Japanese multinational corporation listed on the TYO: 6594 and NYSE: NJ, NJ and ON TOPIX 100 Component and Nikkei, acquired Ansaldo Sistemi Industriali (ASI). ASI, an industrial branch of the Ansaldo Group, was privatized in 2000. Its markets include petrochemical, energy, steel, marine and industrial automation.

References

  1. 1 2 "Company Profile". Nidec. Retrieved December 4, 2017.
  2. "Nidec Corporation Company Profile". Hoovers . Retrieved February 2, 2015.
  3. "Nidec Corporation Snapshot". Bloomberg Businessweek . Retrieved February 2, 2015.
  4. "Nidec Corporation CSR Report (2017)" (PDF). Nidec. Retrieved December 4, 2017.
  5. "Nidec Corporation Stock Data". Japan Exchange Group. Archived from the original on February 3, 2015. Retrieved February 2, 2015.
  6. "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.
  7. "The World's Most Innovative Companies". Forbes . Retrieved February 2, 2015.
  8. Nidec ASI official web site
  9. "Nidec-Asi, il nuovo ad è Barra: Gemme vicepresidente". The Medi Telegraph. May 20, 2014. Retrieved April 15, 2016.
  10. "Nidec Completes Acquisition of Leroy-Somer". Emerson Electric. February 1, 2017. Retrieved July 25, 2017.
  11. Nidec Leroy-Somer Holding
  12. 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.
  13. "Nidec to Acquire Whirlpool Corporation's Compressor Business - NASDAQ.com". NASDAQ.com. Retrieved 2018-06-06.
  14. "Nidec to Sell Its Secop Compressor Business to ESSVP IV – Advised by Orlando Management AG | Secop". www.secop.com. Retrieved 2019-10-30.