Nidec

Nidec Corporation
Native name
ニデック株式会社
Nidec kabushiki gaisha
Company typePublic KK
TYO: 6594
TOPIX 100 Component
IndustryElectronic components
FoundedJuly 23, 1973; 51 years ago (1973-07-23)
Headquarters338 Kuzetonoshiro-cho, Minami-ku, Kyoto 601-8205, Japan
Key people
Shigenobu Nagamori (CEO)
Products
  • Small precision motors
  • Automotive motors
  • Home appliance motors
  • Commercial and industrial motors
  • Motors for machinery
  • Electronic and optical components
RevenueIncrease US$11.15 billion (FY 2017) (JPY 1199.3 billion) (FY 2017)
Increase US$1.04 billion (FY 2017) (JPY 111.7 billion) (FY 2017)
Number of employees
Nidec Corporation: 2,392 (as of March 31, 2017) Consolidated: 107,062 (as of March 31, 2017)
WebsiteOfficial website
Footnotes / references
[1]

Nidec Corporation (ニデック株式会社, Nidekku Kabushiki gaisha), formerly known as Nippon Densan Corporation (日本電産株式会社, Nihon Densan 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.[2][3]

The two product groups with the largest sales are hard-disk drive motors and automotive products with 16% and 22% of sales, respectively.[1]

As of 2017, the company has 296 subsidiaries companies located across Japan, Asia, Europe and the Americas.[4] Nidec is listed on the first section of the Tokyo Stock Exchange[5] and is a constituent of the TOPIX 100 stock market index.

The company was number 42 on the 2005 edition of the Businessweek Infotech 100 list.[6] Also Nidec was featured on the 2014 Forbes World's Most Innovative Companies list.[7]

  1. ^ a b "Company Profile". Nidec. Retrieved December 4, 2017.
  2. ^ "Nidec Corporation Company Profile". Hoovers. Retrieved February 2, 2015.
  3. ^ "Nidec Corporation Snapshot". Bloomberg Businessweek. Retrieved February 2, 2015.
  4. ^ "Nidec Corporation CSR Report (2017)" (PDF). Nidec. Retrieved December 4, 2017.
  5. ^ "Nidec Corporation Stock Data". Japan Exchange Group. Archived from the original on February 3, 2015. Retrieved February 2, 2015.
  6. ^ "The Future of Technology: The Big Trends Ahead and Our Ranking of the Top 100 Info Tech Companies". Bloomberg Businessweek. 2005. Archived from the original on June 12, 2005. Retrieved February 2, 2015.
  7. ^ "The World's Most Innovative Companies". Forbes. Retrieved February 2, 2015.