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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 design, development, manufacture, and sale of electric motor drives and related components.

It operates in the following divisions: Small Precision Motors, General Motors, Machinery, Electronic and Optical Components, and Other.

The Small Precision Motors division includes spindle motors for hard disk drives, brushless direct-current motors and fans for optical disk drives, computers, and game machines, and other small precision motors for mobile phones and other products.

The General Motors division consists of motors for automobiles, electric household appliances, and industrial equipment.

The Machinery division comprises of test systems, measuring devices, power transmission equipment, factory automation systems, card readers, and industrial robots.

The Electronic and Optical Components division offers camera shutters, lens units, switches, trimmer potentiometers, motor-driven actuator units, and precision plastic mold products.

The Other division provides auto parts, pivot assemblies, and other services.

The company was founded by Shigenobu Nagamori 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 Nagamori701973President, CEO & Representative Director
Hiroshi Kobe651973COO, Representative Director, EVP & Head-Car Sales
Masuo Yoshimatsu562008CFO, Director, Head-Accounting & IR
Kenji Sawamura721998Director & Executive Vice President
Tadaaki Hamada662000Director, Head-Legal, Personnel & Secretariat
Shozo Wakabayashi712010Outside Director
Kazuya Hayafune--Director & Senior Vice President
Akira Sato602012Director & Executive Vice President
Bunsei Kure58-Director & Executive Vice President
Toshihiro Kimura--Director & Senior Vice President
Shareholders
NameShares%
Shigenobu Nagamori 36,340,00012.5%
The Bank of Kyoto, Ltd. 12,342,0004.25%
Dodge & Cox, Inc. 10,486,8003.61%
NIDEC Corp. 9,772,3613.37%
Nomura Asset Management Co., Ltd. 7,722,2002.66%
Mitsubishi UFJ Financial Group, Inc. 7,369,1302.54%
The Dai-ichi Life Insurance Co., Ltd. 7,082,0002.44%
Nippon Life Insurance Co. 6,816,0002.35%
Meiji Yasuda Life Insurance Co. 6,402,0002.21%
OppenheimerFunds, Inc. 5,395,3861.86%
Holdings
NameShares%Valuation
Nidec Copal Electronics Corp (6883) 43,548,00065.5%393,465,325 USD
The Hachijuni Bank, Ltd. (8359) 256,4390.050%1,540,575 USD
The Fukui Bank, Ltd. (8362) 421,0000.17%1,009,373 USD
NISSHA PRINTING CO., LTD. (7915) 56,3000.13%829,398 USD
Sumitomo Mitsui Financial Group, Inc. (8316) 8,2280.0006%335,361 USD
OGURA CLUTCH CO., LTD. (6408) 105,6200.68%314,852 USD
Dai-ichi Life Insurance Co Ltd (8750) 17,4000.0015%258,236 USD
Sumitomo Mitsui Trust Holdings Inc (8309) 47,6800.0012%198,422 USD
SODA NIKKA CO.,LTD. (8158) 36,5000.15%153,061 USD
FRANCE BED HOLDINGS CO.,LTD. (7840) 60,0000.027%103,378 USD
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.co.jp
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