Nidec Corporation (Japanese name is Nidec Kabushiki-gaisha) is a Japanese manufacturer and distributor of electric motors. Their products are found in hard-disk drives, electric appliances, automobiles and commercial and manufacturing equipment. The company has the largest global market share for the tiny spindle motors that power hard-disk drives.
The founder is Shigenobu Nagamori. The company maintains and continues to hold the world's largest market share in the development and production of high-quality small motors, with a global market share of approximately 11%. Nidec is listed in the first section of the Tokyo Stock Exchange and is a constituent of the TOPIX 100 stock market index.
The two product groups with the largest sales are hard-disk drive motors and automotive products with 16% and 22% of sales, respectively.
The company’s milestones:
1973: Shigenobu Nagamori, current chairman of the board, president and CEO, established Nippon Densan Corporation (now Nidec Corporation) in Nishikyo-ku, Kyoto with a capital of 20 million yen.
1974:
- Opened a sales agent in the US.
- Relocated its head office to Omiya, Nakagyo-ku, Kyoto.
1975: Launched full-scale production of brushless DC motors.
1976: Established Nidec America Corp in the US.
1979: Started production of spindle motors for 8-inch hard disk device.
1983: Moved headquarters to Karasuma Oike, Nakagyou-ku, Kyoto.
1984: Established Nidec Torin Corporation in the US. Started production of spindle motor for 3.5-inch hard disk device.
1989: Established Nidec Singapore Pte. Ltd. in Singapore.
1990: Established Nidec Electronics Co., Ltd. In Thailand.
1992: Established Nidec (Dalian) Ltd. in China.
1993: Established Nidec Electronics GmbH in Germany.
1995: Established Nidec Philippines Corp. in the Philippines.
1997: Established Nidec Tosok (Vietnam) Co., Ltd. through a joint investment with Tosok Corp.
1998: Established PT Nidec Indonesia in Indonesia.
1999: Established Nidec Korea Corp. in Korea.
2003: The building for the Head Office and Central Technical Laboratory was completed in Minami-ku, Kyoto.
2006: Established Nidec Motors & Actuators by acquiring the motor and actuator business of Valeo S.A., a French company.
2012: Established SC Wado Component Co., Ltd (Cambodia) as the first operating base in Cambodia.
2014: Nidec was featured on the 2014 Forbes World's Most Innovative Companies list.
2017: Unified corporate brand logos of group companies to “Nidec”.
As of2017: the company had 296 subsidiaries located in Japan, Asia, Europe and America.
2023: The company name changed to Nidec Kabushiki gaisha (Nidec Corporation).
According to Wikipedia & nidec.com
