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NIDEC CORPORATION (6594)

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Business Summary
Manufactures small-scale spindle motors for hard disk drives and other electronic devices

NIDEC CORP. engages in the development, manufacturing, and sales of small precision, automotive, commercial and industrial motors, motors for machinery, electronic and optical components, and other related products.

It operates through the following divisions: Motor, Machinery, Electronic and Optical Component, and Others.

The Motor division produces a variety of motors ranging from small precision vibration motors for smart phones to supersized motors for industrial systems.

The Machinery division develops and manufactures inspection and measuring systems, robots, conveyor equipment, control equipment, and other types of machinery.

The Electronic and Optical Component division offers optical system units, sensors, and electronic devices.

The Others division offers automotive components that include control valve units and parts for automatic transmission and continuously variable transmission controls.

It develops electric oil pumps, hard disk drive top cover and base plate, pottery production equipment and music boxes.

It also offers logistics and hotel services and sells private label products.

The company was founded by Shigenobu Nagamori and Hiroshi Kobe on July 23, 1973 and is headquartered in Kyoto, Japan.

Number of employees : 100 394 persons.
Sales per Businesses
201220132014
JPY (in Million)%JPY (in Million)%JPY (in Million)%
Precise Small Sized Motor305,18644.7%319,72445.1%362,51341.4%
Mid-size Motors178,21426.1%----
Electronic and Optical Part95,58014%69,1889.8%72,8458.3%
Machinery64,9049.5%----
Others38,4365.6%8,3681.2%7,5600.9%
Load and Home Appliance--248,46435%345,23639.5%
Equipment--63,5269%86,9559.9%
Sales per Regions
201220132014
JPY (in Million)%JPY (in Million)%JPY (in Million)%
Japan260,47038.2%213,16930.1%238,27827.2%
China148,55321.8%150,63121.2%197,13422.5%
Thailand75,90811.1%81,67811.5%85,4359.8%
United States71,31710.5%99,26014%132,11715.1%
Other65,7949.6%90,27712.7%133,68915.3%
Singapore40,5955.9%55,7127.9%63,9507.3%
Philippines19,6832.9%18,5432.6%24,5062.8%
Managers
NameAgeSinceTitle
Shigenobu Nagamori701973Chairman, President & Chief Executive Officer
Bunsei Kure582013COO, Representative Director & Executive VP
Masuo Yoshimatsu562008CFO, Director, Head-IR & Global Tax Planning
Toshinari Sato58-Chief Information Officer & Head-Risk Management
Mikio Katayama57-Executive Vice Chairman & Chief Technology Officer
Hiroshi Kobe651973Representative Director & Executive Vice President
Tadaaki Hamada662000Director & Senior Managing Executive Officer
Toshihiko Miyabe561983Director & Senior Managing Executive Officer
Kazuya Hayafune552010Director & Senior Managing Executive Officer
Akira Sato602012Director, EVP & Head-Business Management Audit
Shareholders
NameShares%
Shigenobu Nagamori 36,342,000 12.5%
The Bank of Kyoto, Ltd. 12,343,000 4.25%
Dodge & Cox 10,486,800 3.61%
NIDEC Corp. 9,774,684 3.37%
Nomura Asset Management Co., Ltd. 7,722,200 2.66%
Mitsubishi UFJ Financial Group, Inc. 7,369,000 2.54%
The Dai-ichi Life Insurance Co., Ltd. 6,861,000 2.36%
Nippon Life Insurance Co. 6,477,000 2.23%
Meiji Yasuda Life Insurance Co. 6,402,000 2.21%
OppenheimerFunds, Inc. 5,406,286 1.86%
Sector
Industrials
Industrial Goods
 Machinery, Equipment & Components
  Electrical Components & Equipment
   Electrical Components & Equipment - NEC
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Company contact information
NIDEC Corp.
338 Kuze Tonoshiro-cho
Minami-Ku
Kyoto 601-8205

Phone : +81.75.922.1111
Fax : +81.75.935.6101
Web : www.nidec.com
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