Last updated
Nidec Corporation
Native name
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)
  • 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

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]


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]


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

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  11. Nidec Leroy-Somer Holding
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