KYOTO, Japan--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the fiscal year ended March 31, 2025.
The highlights are as follows:
Record-high full-year financial results
Full-year consolidated net sales, operating profit, profit before income taxes and profit attributab
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) today announced it has moved its Taiwan Office to a new location (app. a five-minute wlak from Taipei Station) as the Company enhances its sales and R&D systems to propose thermal solutions that meet the growing needs of its customers in the recent AI sever market.
1. Accommodating short delivery lead time
As product
Mitsuya Kishida, Representative Director and President CEO of Nidec Corporation (hereinafter referred to as "the Company"), has announced that he has endorsed the "Women's Empowerment Principles (WEPs)," a set of action principles for actively promoting women's empowerment, and has signed a statement declaring the Company’s commitment to acting based on the WEPs. By supporting and acting in accord
NIDEC CORPORATION (TSE: 6594; OTC US: NJDCY) and NIDEC PRECISION CORPORATION (“NIDEC PRECISION” or the “Company”) announced today that, at a meeting of the Board of Directors held on March 18, 2025, they resolved to transfer NIDEC PRECISION’s shares (approximately 68.4%) in NIDEC PRECISION YAMADA CORPORATION (the “Target Company”), a subsidiary of the Company and joint venture with APIC YAMADA COR
As explained in the press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated December 27, 2024, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), as part of a series of transactions (the “Transaction”) for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) hereby announces that, on February 27, 2025 (Italy time), the Company has obtained from the Italian Prime Minister's Office an unconditional approval under Italian Legislative Decree No. 21/2012 (Foreign Investment Regulations) – one of the permits and approvals for this case required for a series of transactions for the purpo
In its press release, “Report on the Progress After the Release of Nidec's Letter of Intent and on Nidec's Opinion” datedFebruary 25, 2025 (“Nidec’s Report”), Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), explained the progress after the Company’s submission of a letter of intent, and its opinions as of the press release, regarding the letter of intent described in the p
As explained in the press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated December 27, 2024, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), as part of a series of transactions (the “Transaction”) for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange
As explained in the press release, “Notice Regarding Scheduled Commencement of Tender Offer for Makino Milling Machine Co., Ltd. (Securities Code: 6135),” dated December 27, 2024, Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”), as part of a series of transactions (the “Transaction”) for the purpose of making Makino Milling Machine Co., Ltd. (listed on Tokyo Stock Exchange
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (“Nidec” or the “Company”) hereby announces that, at 11:59 p.m. on January 21, 2025 Eastern Standard Time of the United States (or 01:59 p.m. on January 22, 2025 Japan time), the waiting period for the procedure required under the US Hart-Scott-Rodino Antitrust Improvement Act of 1976 – one of the permits and approvals for this case required for a serie
As explained in the press release issued on December 27, 2024, Nidec Corporation (the “Company”) decided, as part of a series of transactions (the “Transaction”) aimed at making Makino Milling Machine Co., Ltd. (“Target Company”), a company listed on the Prime Market of the Tokyo Stock Exchange, Inc., a wholly owned subsidiary of the Company, to acquire common shares of Target Company through a te
Nidec Machine Tool Corporation (“Nidec Machine Tool” or the “Company”) today announced that the construction of a new factory that Nidec Machine Tool (Zhejiang) Corporation, a subsidiary of the Company, had been building in the city of Pinghu, Zhejiang Province, China, has been completed, and that the factory has launched its full-scale operation, on October 11. Constructed to establish a prompt
Leaders from Nidec and Ashok Leyland meet in India to sign an agreement to develop new E-Drive for commercial vehicle electrification
From left to right; top to bottom: Anthony Pickering, Greg Gorman, Girish Kulkarni, Glen Feng, Kanakasabapathi Subramanian, Saravanan N, Mahesh Thakar, Wesley David, Michael Briggs, Shenu Agarwal
Nidec Motor Corporation (“NMC”), a 100%-owned subsidiary
Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced that the Nidec Group has decided to construct a technical center to exhibit a comprehensive lineup of its machine tools on Nidec Machine Tool Corporation’s premises in the city of Ritto, Shiga Prefecture.
After the construction is finished in November 2025, this facility is expected to promote Nidec as a “comprehensive
Pordenone, 11th September – Nidec Appliance, Commercial and Industrial Motors (ACIM), a Business Unit of Nidec Corporation, has developed a comprehensive Sustainability Strategy that goes beyond corporate commitments, it is rooted in a global imperative that relies on sustainability as a catalyst for innovation and for a more fair, diverse, and carbon-free society.
Since last year, Nidec ACIM h
Nidec Corporation ("Nidec" or the “Company”) today announced that Nidec Group’s CO2 reduction targets have been validated by the Science Based Targets initiative (SBTi), an international climate change initiative. This validation acknowledges our CO2 reduction targets by FY2030, set in March 2024, as science-based targets aligned with the Paris Agreement's "1.5°C target."
CO2 reduction targ
Nidec Advance Technology Corporation (“Nidec Advance Technology Corporation” or “we”) today announced that it has established a subsidiary, Nidec Advance Technology India Private Limited, in Bangalore, Karnataka State in the Republic of India, for the purposes of, among others, software development for inspection systems, and designing of jigs, and that the new company will commence business opera
Nidec will make a minority equity investment of USD 20M in Eve Air Mobility (“Eve”), a manufacturer of electric vertical take-off and landing (eVTOL) aircraft and launch partner for Nidec Aerospace’s propulsion system, through Nidec’s subsidiary, Nidec Motor Corporation (“NMC”), on July 2, 2024.(EST)
Company Profile
(1) Registration name
Eve Holding, Inc.
(2) Listing
New York Stock E
We would like to inform you that Nidec Control Techniques and KB Electronics, our subsidiary companies, have announced their brand integration and will now operate under the name Nidec Drives.
This decision has been made with strategic initiative and progression in mind. Nidec Control Techniques and KB Electronics, with over 50 years of experience, represent innovation and trailblazing in t
KYOTO, Japan--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the fiscal year ended March 31, 2024.
The highlights are as follows:
FY23 consolidated net sales and profit before income taxes stood at record highs.
FY23 operating profit was 163.1 billion yen, as a result of 59
Nidec is the world's leading comprehensive motor manufacturer, specializing in "everything that spins and moves," with a strong focus on the motor business. Nidec's extensive product lineup, which ranges from small precision motors to ultra-large motors, leverages the technological capabilities of its approximately 340 group companies across 46 countries. These products are used in various fields, including IT equipment, automobiles, motorcycles, commerce, and industry. We remain dedicated to providing the world with indispensable products and solutions at an overwhelming speed, utilizing technologies aimed at lightness, thinness, shortness, compactness, and efficiency.
Nidec head office (Kyoto, Japan)
338 Kuzetonoshiro-cho, Minami-ku 601-8205 Kyoto
Japan