Nidec

15 March 2023 02:31

Nidec Executes Stock Transfer Agreement on Nidec Copal Electronics’ Acquisition of Midori Precisions

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that it passed a resolution in the meeting of the Board of Directors held on March 15, 2023 (Japan time) on the purchase by Nidec Copal Electronics Corporation, a subsidiary of the Company, of all the shares of Midori Precisions Co., Ltd. (“Midori Precisions”), a company that develops, manufacturers, and sells

Rendering of the finished new factory, Nidec Electric Motor Serbia

10 December 2021 07:12

Nidec Holds Groundbreaking Ceremony to Mark the Construction of New Factory in Serbia

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) today held a ceremony of laying the foundation stone for the construction of its new factory in Novi Sad, Serbia.

1.Groundbreaking Ceremony
Today’s event, held at the factory constuction site in the city of Novi Sad in Serbia, was attended by the President of the Republic of Serbia Mr. Aleksandar Vučić, the Mayor of

17 November 2021 23:35

Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved, among others, a resolution to purchase the shares of OKK Corporation (“OKK”) through a third-party allocation of common shares in a meeting of the Board of Directors held on November 18, 2021 (Japan time) (the “Share Purchase”), and that the Company has executed a capit

31 March 2020 21:39

Nidec to acquire the Delta production line from Secop Austria

Nidec Corporation (TSE: 6594; OTC US: NJDCY) announced today that it has signed a definitive agreement with Secop Austria GmbH on March 31, 2020, by which Nidec will acquire the Delta production line from Secop through the Company’s sub-subsidiary Nidec Global Appliance Italy S.r.l. and its Austrian company.

7 February 2020 01:15

Summary of Statements Made at the Press Conference held on February 4

On February 4, 2020 Nidec held a press conference about the personnel changes resolved at a meeting of the board of directors held on the same day. The following is a summary of the statements made by the speakers at the press conference.

3 December 2019 19:05

Nidec Completed Acquisition of Roboteq, Inc.

Nidec Corporation today announced that the company completed the acquisition of 90% ownership of Roboteq Inc., a U.S.-based designer of ultra-low voltage (ULV) drives, from its owners through Nidec Motor Corporation.

The headquarters of Nidec Mobility (formerly known as OMRON Automotive Electronics)

12 November 2019 01:30

OMRON Automotive Electronics Becomes Part of the Nidec Group

OMRON Automotive Electronics has become part of the Nidec group under the new name Nidec Mobility. Moving forward, the company will work closely with Nidec’s automotive motor business unit to develop new modules and systems that combine the motors, pumps, gears, etc. of the Nidec group with the electronic control units, and other electronic components, of Nidec Mobility.

1 July 2019 19:30

Nidec Completes Acquisition of Embraco, Whirlpool Corporation’s Compressor Business

Nidec Corporation announced today that the Company completed the acquisition of the compressor business (“Embraco”) of Whirlpool Corporation on July 2, 2019 (July 1, 2019 local time in Brazil) following the European Commission’s approval granted on June 26, 2019.

16 April 2019 05:30

Nidec to Acquire OMRON Automotive Electronics Co. Ltd.

Nidec Corporation announced today that its Board of Directors has approved a resolution to acquire OMRON Automotive Electronics Co. Ltd. from OMRON Corporation. Through the Transaction, the Company will be able to create new module and systems products by combining Nidec's and OMRON Automotive Electronics’ products.

3 March 2019 22:00

Nidec Completes Acquisition of DESCH Antriebstechnik GmbH & Co. KG and Its Group Companies

Nidec Corporation today announced that the Company has completed the acquisition of 70% ownership of DESCH Antriebstechnik GmbH & Co. KG and its group companies , privately owned German companies from its owners through Nidec-Shimpo GmbH, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.

5 February 2019 01:33

Nidec Completed Acquisition of Systeme + Steuerungen GmbH and Its Group Companies

Nidec Corporation today announced that it has acquired a 100% ownership of a privately owned German company, Systeme + Steuerungen GmbH and its group companies , from its owners on February 4, 2019 through Nidec-Shimpo GmbH, a German-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.

31 January 2019 20:35

Nidec to Acquire DESCH Antriebstechnik GmbH & Co. KG and Its Group Companies

Nidec Corporation today announced that the Company has agreed to acquire a 70% ownership of a privately owned German company, DESCH Antriebstechnik GmbH & Co. KG and its group companies in Germany and China, from its owners on January 31, 2019 through Nidec-Shimpo GmbH, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.

News archive