Document - 7 April 2021

Company Profile sheet

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Contacts

Nao Maeda

Press contact Media Relations (China) newsdesk@nidec.com

Izumi Nagata

Press contact PR Department nagata.izumi@nidec.com +81 80-9674-9227

Kana Sato

Press contact PR Department sato.kana@nidec.com +81 80-7998-4066

Nidec Holds an Event to Announce Its Decision to Open New Factories and Launch of Business in Serbia

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that it has decided to open new factories in the city of Novi Sad in the Republic of Serbia (“Serbia”), and that it has held an event to announce the launch of business in the country.

25 January 2021 02:03

Nidec Sells 100,000 E-Axles Globally

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced that the global sales of E-Axles, the traction motor systems that the Company develops, produces, and sells, have reached 100,000 units and systems.

14 October 2021 03:34

Nidec’s Traction Motor System, E-Axle 200kW Model, Drives the First Model of Geely Automobile Group’s Premium EV Brand, Zeekr

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that Ni200Ex, the Company’s 200kW, E-Axle traction motor system, has made its way into ZEEKR 001, an electric vehicle newly released by Chinese auto giant Geely Automobile Group, under its premium brand, “Zeekr.”

Developed based on the SEA (Sustainable Experience Architecture), which is the EV platfo

21 July 2021 02:22

Nidec Starts Discussions on Establishing Joint Venture with Hon Hai and Foxtron

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today announced that the Company has agreed to start discussions on establishing a joint venture (JV) with Hon Hai Technology Group (TWSE: 2317) (hereinafter referred to as “Hon Hai”) and Foxtron Vehicle Technologies Co., Ltd. (hereinafter referred to as “Foxtron”) of Hon Hai Technology Group in Taiwan.
On March 18, 2021, N

21 October 2021 05:27

Nidec Machine Tools release "MVR-Cx" - First Product Release since becoming part of Nidec Corporation - First step toward expansion of its Large-Scale Machine Tool Business

Expansion of product lineup with the introduction of new products Responds to a wide range of market needs for processing large parts
Ritto City, Japan - Nidec Machine Tool Corporation (President: Kenichi Wakabayashi, Head Office: Ritto City, Shiga Prefecture) will launch the MVR-Cx series of double-column machining centers as its first new product since becoming a subsidiary of Nidec Corpora

26 July 2021 05:11

Nidec announced its first-quarter financial results and the mid-term strategic goal Vision2025

Nidec Corporation ― the world's No.1 comprehensive motor manufacturer ― announced its first-quarter financial results and the mid-term strategic goal Vision2025.
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Summary of Q1 FY2021

Net sales stood at a record high of ¥447.5 billion, 32.8% higher Y/Y. Operating profit significantly increased 60.3% Y/Y to ¥44.6 billion.
Q1 q