Nidec Corp - Company Profile

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Nidec Corp: Overview

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Nidec Corp (Nidec) is a manufacturer of electric motors. The company develops, manufactures, and sells small precision motors, home appliance motors, commercial and industrial motors, automotive motors, motors for machinery, electronic and optical components, among others. Its products include medium- and large-size motors, small-size and precision motors. Nidec’s products are used in various fields and devices, including information and telecommunications equipment, home appliances, automobiles, office equipment, industrial equipment and environmental energy. It has operations in North America, Asia Pacific, Europe and other regions. The company has manufacturing facilities globally. Nidec is headquartered in Minami-ku, Kyoto, Japan.

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Headquarters Japan
Address 338, Kuze Tonoshiro-Cho, Minami-Ku, Kyoto-Shi, 601-8205
Website www.nidec.com
Telephone 81 75 9221111
No of Employees 106,592
Industry Industrial Goods and Machinery
Ticker Symbol & Exchange 6594 (TYO)
Revenue (2022) $16.6B 16.9% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -66.9% (2022 vs 2021)
Market Cap* $24.8B
Net Profit Margin (2022) XYZ -71.6% (2022 vs 2021)
* As of and is in US$
View Nidec Corp financials
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Nidec Corp premium industry data and analytics

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Construction Projects

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IT Services Contracts

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ICT Spend & Tech Priorities

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Products and Services

Products Services
Spindle Motors and Pivot Assemblies for HDDs Insurance Agency
Small Brushless DC Motors Building Maintenance
Mid-Size Brushless DC Motors Merchandising
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 New Products/Services In February, Nidec Machine Tool Corporation launched the high-accuracy internal polishing process for mass production.
2024 Contracts/Agreements In February, the company partnered with AIR to design the engine for the production version of AIR's two-seater electric vertical takeoff and landing (eVTOL) aircraft, known as AIR ONE.
2023 Financing Agreements In December, the company through its subsidiary, Nidec Motor Corporation invested GBP15.8 million in Gore Street Energy Storage Fund PLC.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Nidec Corp Samsung Electronics Co Ltd Hitachi Ltd LG Electronics Inc Panasonic Holdings Corp
Headquarters Japan South Korea Japan South Korea Japan
City Kyoto-Shi Suwon - Seoul Kadoma-Shi
State/Province Kyoto Seoul Tokyo - Osaka
No. of Employees 106,592 98,557 322,525 37,835 233,391
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Shigenobu Nagamori Chief Executive Officer; Chairman Executive Board 2022 -
Hiroshi Kobe President; Chief Operating Officer; Director Executive Board 2015 62
Jun Seki Chief Operating Officer; Director; President Executive Board 2022 -
Toshihiko Koseki Chief Technology Officer; Executive Vice President Senior Management 2023 -
Kazuo Nakagawa Vice President; Director - NIDEC Motor Holdings Corporation; Director - NIDEC Americas Holding Corporation; In charge -Trade Administration Office and Legal & Compliance Department Executive Board 2023 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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