Nidec ASI, part of the Motion & Energy Division of the Nidec Group, has just signed an agreement with Neoen, the leading independent producer of renewable energy in France, for the installation of battery energy storage systems (BESS). The first is located in Finland, near the town of Yllikkälä, the second in Sweden, in the region of Västernorrland. The two orders achieve a turnover of approxi
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) announced today that it has been selected by the UK’s Clarivate Plc, a global information service provider, as a top 100 global innovator for the second consecutive year.
Since 2012, Clarivate Plc annually gives the “Clarivate Top 100 Global Innovator” award to organizations selected as the top 100 revolutionary compani
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 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 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
- 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
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
We would like to express our deepest condolences to those who lost their lives in the Noto Earthquake of 2024, which occurred on January 1, 2024, and our deepest sympathies to all those who were affected by the disaster and to all concerned.
We will donate a total of 10 million yen through the Japanese Red Cross Society to support those affected by the earthquake and to help with reconstructio
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
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that Nidec India Private Limited (“Nidec India”), a wholly owned subsidiary of the Company, has held an opening ceremony of the new, second building of its existing factory in Neemrana, Rajasthan, in the Republic of India (“India”).
Attendees pose for a photo at the new building’s opening ceremony
1. Outline of the
Nidec Advance Technology (Vietnam) Corporation, a subsidiary of Nidec Advance Technology Corporation, was established in March 2023 in Thang Long Industrial Park, Vinh Phuoc Province, Vietnam, and began operations in June of the same year.
The interior construction of the plant and the delivery of equipment have now been completed, and manufacturing will begin on December 1st.
1. Bac
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) has announced that we will complete an investment of 15.8 million GBP in Gore Street Energy Storage Fund PLC (“GSF”), an investment trust fund that operates an energy storage system business, through the Company’s subsidiary, Nidec Motor Corporation (“NMC”), on December 19, 2023 (US time).
Image of Nidec installed B
