|Nihon Densan kabushiki gaisha|
TOPIX 100 Component
|Founded||July 23, 1973|
|Headquarters||338 Kuzetonoshiro-cho, Minami-ku, Kyoto 601-8205, Japan|
|Shigenobu Nagamori (CEO)|
|Revenue||US$11.15 billion (FY 2017) (JPY 1199.3 billion) (FY 2017)|
|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)|
|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.
The two product groups with the largest sales are hard-disk drive motors and automotive products with 16% and 22% of sales, respectively.
As of 2017, the company has 296 subsidiaries companies located across Japan, Asia, Europe and the Americas. Nidec is listed on the first section of the Tokyo Stock Exchange and is a constituent of the TOPIX 100 stock market index.
|1973||July||Shigenobu 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.|
|1974||October||Opened a sales agent in the U.S. Relocated its head office to Omiya, Nakagyo-ku, Kyoto.|
|1975||April||Launched full-scale production of brushless DC motors.|
|1976||April||Established Nidec America Corp, a locally incorporated company.|
|1979||October||Started production of spindle motors for 8-inch hard disk device.|
|1984||February||Acquired 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.|
|1988||October||The company listed its stock on the second section of the Osaka Stock Exchange, and the Kyoto Stock Exchange.|
|1990||August||Established Nidec Electronics (Thailand) Co., Ltd., a locally incorporated company.|
|1992||February||Established Nidec (Dalian) Ltd., a locally incorporated company in China.|
|1993||April||Established Nidec Electronics GmbH, a locally incorporated company in Germany.|
|1995||December||Established Nidec Philippines Corp., a locally incorporated company.|
|1997||December||Established Nidec Tosok (Vietnam) Co., Ltd. through a joint investment with Tosok Corp.|
|1998||February||Established 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.
|1999||December||Established Nidec Korea Corp., a locally incorporated company.|
|2001||September||Listed on the New York Stock Exchange.|
|2003||March||The building for the Head Office and Central Technical Laboratory was completed in Minami-ku, Kyoto|
|2006||December||Established Nidec Motors & Actuators by acquiring the motor and actuator business of Valeo S.A., a French company.|
|2010||January||Nidec 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.|
|2012||March||Established SC Wado Component (Cambodia) Co., Ltd. as the first operating base in Cambodia.|