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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 Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2022

Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2022

Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the period of April 1, 2022 through September 30, 2022.
The highlights are as follows:
・First half net sales stood at a record high of ¥1,130.8 billion, 24.2% higher Y/Y.
・First half operating profit increased 8.1% Y/Y to ¥96.4

Nidec Receives 2021 Bosch Global Supplier Award from Bosch Group

Nidec Receives 2021 Bosch Global Supplier Award from Bosch Group

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that the Nidec Group has received a Bosch Global Supplier Award from Germany’s Robert Bosch GmbH, a global supplier of technology and services, in the “Purchasing of direct materials – Consumer Goods” category. This is the second time for our Group to receive this Award since 2017, when we were selected for the

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