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AIR Partners with Nidec to Develop Customized eVTOL Motor for AIR ONE Production Model

AIR Partners with Nidec to Develop Customized eVTOL Motor for AIR ONE Production Model

The collaborative R&D will enable significant industry advancement, building one of the first motors designed specifically for mid-sized eVTOL aircraft
AIR, creator of eVTOLs for the consumer market, today announced its partnership with Nidec Motor Corporation, a leading manufacturer of commercial, industrial, and appliance motors and controls, to develop the motor for the production model

Nidec Announces New President, Changes in Representative Directors and Others

Nidec Announces New President, Changes in Representative Directors and Others

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) announced today that it has passed a resolution in an extraordinary meeting of the Board of Directors held on February 14, 2024 regarding the Company’s new Chairman and President, and on changes in its representative Directors.
1.Reasons for the changes
Via a stable succession of business operations and a smooth transfer

Nidec Machine Tool Develops World-first Polish (Grinding) Method to Process Internal Gears for Mass-production -Contributing to Improving the Quality of EV, Robot, and Other Gears –

Nidec Machine Tool Develops World-first Polish (Grinding) Method to Process Internal Gears for Mass-production -Contributing to Improving the Quality of EV, Robot, and Other Gears –

Nidec Machine Tool Corporation (“Nidec Machine Tool” or the “Company”), a group company of Nidec Corporation, today announced that it has developed the world’s first high-accuracy polishing (grinding) method to machine internal gears for mass production that are used for automobiles’ drive units and transmissions and for robots’ joints. While there are already high-accuracy polish-machining method

Nidec Machine Tool Launches Newly Developed, Compact & Powerful Universal Head - A Light, Thin, Short and Small Product Capable of Meeting Various Machining Needs -

Nidec Machine Tool Launches Newly Developed, Compact & Powerful Universal Head - A Light, Thin, Short and Small Product Capable of Meeting Various Machining Needs -

- A Universal Head that is approximately 80% in size of conventional products but that still possesses industry-leading high-speed machining
- A Universal Head contributes to automated machining system and saves manpower of cast heavy duty cutting to high-precision mold finishing
Nidec Machine Tool Corporation (represented by Mr. Haruhiko Niitani, president, and headquartered in Ritto, Shig

Takisawa Consolidates Shares and Becomes a Wholly Owned Subsidiary of Nidec

Takisawa Consolidates Shares and Becomes a Wholly Owned Subsidiary of Nidec

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) announced today that Takisawa Machine Tool Co., Ltd. (“Takisawa”) has passed a resolution at its extraordinary general meeting of shareholders held on January 12, 2024, to consolidate 900,000 of its common shares into one, and that the consolidation has taken effect today. With this share consolidation, Takisawa has become a wholly owned

Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2023

Nidec Announces Financial Results for Fiscal Third Quarter and Nine Months Ended December 31, 2023

KYOTO, Japan--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the period of April 1, 2023 through December 31, 2023.
The highlights are as follows:
We achieved record-high nine months consolidated net sales, operating profit, profit before income taxes and profit attributabl

Nidec Instruments Develops Contactless IC Card Reader for Transaction Applications

Nidec Instruments Develops Contactless IC Card Reader for Transaction Applications

Nidec Instruments Corporation (the “Company”), a wholly owned subsidiary of Nidec Corporation, today announced its newly developed compact, contactless IC card reader, ICMOMO-2090, for credit card- and electronic money-based transactions.
Nidec Instruments’ Latest Contactless IC Card Reader, ICMOMO-2090
Japan’s Ministry of Economy, Trade and Industry announced that the rate of cashless trans

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For Everything That Spins and Moves

​Nidec was established in Kyoto, Japan in 1973 by its Chairman Shigenobu Nagamori. In 1979, Nidec became the first company in the world to successfully commercialize a direct drive spindle motor for HDDs based on a brushless DC motor. Since then, the company has grown into a world-leading comprehensive motor manufacturer encompassing approximately 300 subsidiaries employing over 100,000 people throughout the world and with annual sales exceeding $10B. Nidec's motors, drives, generators and related products are found in a diverse range of applications including computers, smartphones, home appliances, automobiles, manufacturing plants, robots and more.

Nidec

Nidec head office (Kyoto, Japan)
338 Kuzetonoshiro-cho, Minami-ku 601-8205 Kyoto
Japan